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Evening news wrap: India’s GDP growth beats expectations in final quarter; K Annamalai launches new political movement & more | India News

India’s economy expanded by 7.8 per cent in the final quarter of FY26, lifting full-year growth to 7.7 per cent and surpassing estimates. Former Tamil Nadu BJP chief K Annamalai has launched a new political movement, signalling a shift in his political journey after leaving the BJP. Expelled TMC leader Ritabrata Banerjee has claimed support...
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Stocks making the biggest moves premarket: LULU, MU, TTAN

Check out the companies making the biggest moves premarket: Lululemon Athletica — Shares sank 13% after the athleisure company lowered its full-year earnings and revenue guidance , citing headwinds. The company’s current-quarter earnings and revenue guidance also came below what analysts were expecting, per LSEG. Docusign — The software stock slipped 4% after Docusign’s outlook...
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After growth forecast cut, RBI warns monsoon deficiency could weigh on consumption

Reserve Bank of India Governor Sanjay Malhotra on Friday cautioned that a projected deficiency in the south-west monsoon could impact rural demand and private consumption, even as various government initiatives are expected to cushion the effect.Speaking at the post-monetary policy press conference, Malhotra said consumption trends have remained healthy so far but acknowledged that a...
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India leads among immigrant founders of US billion-dollar startups

Indian entrepreneurs have emerged as the largest immigrant group behind America’s billion-dollar startup ecosystem, founding or co-founding 96 US unicorns, according to a new study that underscores the growing influence of Indian talent on the world’s biggest innovation economy.The report by the National Foundation for American Policy (NFAP) found that immigrants have founded or co-founded...
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