India's GDP Growth Surprises as Tim Cook Steps Down: Key News Highlights

India’s first‑quarter GDP rose 7.8 percent in the April‑June 2026 period, a result that surprised economists and bolstered confidence in the government’s economic trajectory. The National Statistics Office released the data on Monday, noting that the growth came despite the “largest oil shock in the history of capitalism,” a phrase used by analysts to describe the sharp rise in global oil prices that has weighed on manufacturing and consumer spending. While the quarterly figure signals resilience, officials caution that a full‑year slowdown remains possible and that the Reserve Bank of India may consider tightening policy later in the fiscal year. The robust growth data is being closely watched by investors and policy makers alike as a barometer of India’s recovery from the pandemic‑induced slowdown.

In corporate news, Apple’s long‑time chief executive Tim Cook announced his resignation as CEO, effective Monday, after more than a decade at the helm. Cook’s farewell memo praised employees as an “extraordinary team,” reflected on the company’s culture, and paid tribute to late co‑founder Steve Jobs. He said he would remain with Apple in a new role, while former senior executive John Ternus will take over as CEO. Cook’s departure follows his succession of Jobs in 2011, and the transition has prompted speculation about Apple’s future product strategy and market positioning. The announcement came amid a broader industry focus on leadership changes and the need for continuity in a highly competitive tech landscape.

The National Police Department in Greater Noida confirmed the arrest of a bus driver and a conductor in a case that has drawn national attention. Police say a 16‑year‑old girl was gang‑raped inside a moving sleeper bus that traveled roughly 47 kilometres from Pari Chowk to Ring Road near the Kashmere Gate Inter‑State Bus Terminal. The vehicle’s curtains reportedly blocked outside view, complicating surveillance. Authorities have charged the two accused and are continuing an investigation. The incident has sparked calls for stronger safety protocols on public transport and has prompted a review of security measures in regional bus fleets.

In the food safety sector, the Food and Drugs Administration (FDA) announced a crackdown on ten companies in Navi Mumbai and Noida, Delhi for distributing counterfeit or expired food items. Brands such as Lay’s, Kurkure, Maggi, Knorr, Hellmann’s and Thums Up were cited for repackaging expired products. The FDA’s enforcement action follows a broader campaign to protect consumers from sub‑standard goods and to uphold the integrity of the food supply chain. The agencies have urged manufacturers to adhere strictly to labeling and quality standards, warning of potential legal consequences for non‑compliance.

On a personal front, Indian rapper Badshah and Punjabi actor Isha Rikhi confirmed the end of their marriage, only five months after their wedding. Both celebrities posted identical statements on Instagram, acknowledging the split and urging fans to respect their privacy. The announcement follows months of speculation about the couple’s relationship and adds to the growing list of celebrity breakups in the public eye.

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