By Firstpost-Business
India’s inflation is set to rise modestly in FY27 but stay within RBI’s tolerance, aided by soft global prices and strong crop output, as noted in the Economic Survey 2025–26
In FY25, the fiscal deficit was brought down to 4.8 per cent of GDP, marginally better than the Budget estimate of 4.9 per cent. The Centre has now committed to further consolidation in FY26, even as it maintains a strong push for capital expenditure to support growth
Nokia's chair Sari Baldauf is resigning, to be replaced by Timo Ihamuotila. The company is pushing into AI to counteract declining earnings, while shares dropped 6%. Baldauf has been a key figure at Nokia since the early 1980s.
Growth seen at 7.4% in FY26 as consumption and investment power the economy; manufacturing firms up, inflation cools, global risks persist
