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India's startup ecosystem had its strongest year in FY26 with over 55,200 new recognised startups and 23.36 lakh jobs, as AI ventures drew capital, Emergent turned unicorn with $130M, and Google selected 20 AI-first startups for its India accelerator.
India's real GDP grew 7.7% in FY26, up from 7.1% the previous year and above the RBI's 6.6% forecast, led by manufacturing, construction and services, official figures cited by Businessworld showed.
Reliance Industries posted a Q4 FY26 net profit of ₹16,971 crore, down 12.6% year-on-year as refining margins compressed. Retail and Jio Platforms cushioned the blow, lifting full-year FY26 profit to ₹80,775 crore.
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