Heavy rainfall in Kolkata has caused severe waterlogging, disrupting preparations for the Durja Puja festival. The city's Municipal Corporation is working to ease the situation, but with most areas flooded, it is challenging. Train services are affected, and visuals of submerged vehicles and pandals are circulating on social media. Three deaths due to electrocution have been reported.
The new Oakley Meta Vanguard sunglasses are high-performance sports eyewear with AI and connected features. But the real test is whether consumers see them as essential or just another accessory. Priced at Rs 52,300, they aim to turn everyday eyewear into an always-on digital interface with a built-in camera, speakers, and AI capabilities.
West Bengal is set to join the affordable crop insurance scheme after initially opting out. The scheme offers comprehensive protection to farmers with a fixed premium rate and equal subsidy from the Centre and state. It covers a large number of small and marginal landholders and various crops and natural disasters.
Air India reassured its employees about job stability and announced that there would be no layoffs, but annual salary increments would be deferred due to uncertain business conditions. Outgoing CEO Campbell Wilson warned of external pressures on the aviation industry and urged employees to focus on cost-cutting measures.
The Indian government is closely monitoring the West Asia crisis to protect the rapidly growing aviation sector. Steps have been taken to ease liquidity pressure and reduce charges for airlines. GIFT City has become a hub for aircraft leasing and financing, with plans for further growth.
The 62nd Baeksang Arts Awards, hosted by Shin Dong Yup, Bae Suzy, and Park Bo Gum, was a star-studded event for Hallyu Wave fans. Broadcast by JTBC and live streamed by Naver, the ceremony saw popular South Korean actors and actresses walk the red carpet and win awards, including Lee Chae Min and Bang Hyo Rin.
Swiggy's net loss in the March quarter of FY26 decreased to Rs 800 crore, with a 44.7% year-over-year growth in revenue. Its food delivery business saw a Gross Order Value (GOV) growth of 22.6% and Monthly Transacting Users increased by 21%. Swiggy's Out of Home (OOH) GOV also grew by 43%, leading to the company's first full year of profitability. Additionally, Instamart
The investigation into the Air India Boeing Dreamliner crash is in its final stage and the report will be released in a month. The probe is being conducted with utmost seriousness, fairness, and transparency, and all possible causes are being investigated. The preliminary report showed that fuel supply may have been a contributing factor.
Vijay applauds Tamil Nadu Class 12 students and encourages unsuccessful students to remain optimistic and attempt the exams again. This comes as his party, TVK, becomes the largest party in the recent Assembly elections. The state sees a high pass percentage of 95.03, with girls excelling and some districts and schools achieving exceptional results.
The Trump administration is revoking passports of Americans who owe significant child support debt, in efforts to strengthen a federal law and ensure the welfare of American children. The State Department is joining forces with the Department of Health and Human Services to enforce consequences for delinquent child support payments.
The 62nd Baeksang Arts Awards, South Korea's top awards ceremony for film, TV, and theatre, will take place today. The event will feature top contenders like The King's Warden and No Other Choice, and will also mark the return of beloved MCs and the introduction of musicals as a new competitive division.
The proposed Bareilly–Haldwani Greenfield Expressway is set to revolutionise travel between Rohilkhand and Uttarakhand. The 100 km, 4-lane expressway will reduce travel time, ease traffic congestion, and provide safer driving conditions. Its major interchange at Bareilly will connect it to the Delhi–Moradabad–Bareilly Highway.
Motilal Oswal maintains a 'Buy' rating on Waaree Energies with a target price of Rs 3,850, anticipating a 19% increase. The company aims to achieve Rs 1 lakh crore revenue by 2030 in India's solar energy market and is prioritizing backward integration, technology advancements, and battery energy storage.
A new weekly train service has been announced by the South Central Railway for passengers travelling between Telangana and Andhra Pradesh. The Secunderabad-Anakapalle Weekly Express, which will now operate as a regular train, is expected to bring better planning and convenience for commuters.
Air India, facing financial strain due to the ongoing West Asia conflict, held a board meeting to discuss cost-cutting measures such as furloughs and pay cuts. The closure of Pakistani airspace has led to longer routes and higher operating costs. The absence of CEO Campbell Wilson at the meeting raises questions, as the airline faces a record loss of Rs 22,000 crore and searches for a new CEO.
Maruti Suzuki and Mahindra & Mahindra, top automakers in India, had a successful FY26 with record revenues and increasing volumes. However, their earnings revealed a growing gap in the country's auto demand. Maruti prioritized affordability and entry-level recovery, while Mahindra focused on margin expansion, AI-led execution, export growth, and capital allocation discipline.
BSE share price drops 3% despite strong Q4 earnings, analysts believe the market may have already priced in positives. Nuvama raises target price, BSE's market share increases 57 bps QoQ, revenue up 85% YoY. ADPTV estimates revised, FY27 and FY28 adjusted net profit increased by 12.3% and 15.9%. BSE reports robust Q4 with net profit up 32.5% YoY.
Nuvama, a brokerage house, has lowered Bharat Forge's rating to 'Reduce' and set a target price of Rs 1,650, indicating a possible 17% drop in the market price. This decision is based on the company's expensive valuations, delays in defence orders, underperforming overseas subsidiaries, and restructuring plan in Germany, after a 20% rise in stock price in the last month.
The Railway Board has approved a new passenger train on the Guntakal–Markapur Road route in Andhra Pradesh, starting on 14 May 2026. This daily train will have 16 stops, providing a reliable and convenient mode of transportation for commuters. It aims to benefit smaller towns and semi-urban areas by offering an affordable and efficient travel option.
Britannia Industries' share price fell by 5% after reporting Q4FY26 earnings, but brokerages Nuvama and Nomura have maintained their 'Buy' ratings on the FMCG stock. Nuvama believes long-term growth drivers remain intact, though margins and growth momentum have slowed. Nomura also retains a positive stance, despite the latest quarterly performance coming below expectations.
Despite the ongoing Iran war and disruption in global oil supplies, the US job market has managed to sustain itself. The April hiring and unemployment report from the US Labor Department is expected to show a slowdown in job growth, with only 65,000 new jobs added. Economists predict a possible increase of 62,000 jobs, marking a significant decrease from March's strong 178,000.
The Tata Sons board meeting has been delayed to May 16 with no explanation. The listing of Tata Sons is a top concern after the RBI labeled it as a shadow bank and increased supervision. There is a dispute among trustees, with Noel Tata against the listing while Venu Srinivasan and Vijay Singh support it. Ex-trustee Mehli Mistry stands by his decision to vote against Srinivasan and Singh.
OnEMI Technology Solutions, the parent company of Kissht, had a successful IPO with a premium of 11.11% on the NSE and 11.7% on the BSE. The company raised Rs 925 crore, with Rs 850 crore coming from the issuance of fresh equity shares. The IPO received an overall subscription of 9.96 times, with the QIB segment leading the pack at 26 times.
West Bengal is set to see a rise in welfare scheme spending, including the MGNREGS, as the state resumes the programme after losing Rs 30,000 crore due to the Centre's suspension. With the BJP in power, there is optimism for improved implementation of central schemes like Ayushman Bharat and Jal Jeevan Mission in the state.
Retail inflation in India is expected to rise to a 15-month high of 3.9% in April, driven by increasing prices in food and fuel segments. This would mark the 15th consecutive month that inflation remains below the RBI's target of 4%. Experts predict that food inflation will range from 4.1% to 5.1%, while core inflation is projected to be between 3.3% to 3.6%.
Qualcomm introduces new Snapdragon 4 Gen 5 and Snapdragon 6 Gen 5 mobile platforms for Realme, OPPO, and Xiaomi smartphones in India, offering enhanced performance, power efficiency, and gaming capabilities. The company aims to dominate in AI computing by expanding into data center and robotics industries. With a strong presence in India, Qualcomm sees the country as a crucial market.
Paytm's shares rose by 8% after the company announced its first annual profit since going public, a significant Rs 1215 crore increase year-on-year. The fourth quarter also saw a positive trend with a net profit of Rs 183 crore compared to a loss of Rs 545 crore in the previous year. This turnaround was fueled by four key changes.
India and the European Union are set to enhance their Free Trade Agreement by adding a chapter on investment liberalisation in non-services sectors. The FTA is expected to begin in early 2027 and will benefit the private sector, with 6,000 European companies in India creating numerous employment opportunities. The European approval for the agreement is also anticipated.
The government's food subsidy expenses are projected to rise by Rs 20,000 crore due to higher costs of storing rice and wheat and an increase in minimum support price. The actual expenditure for the free ration scheme may surpass the budget estimate of Rs 2.27 lakh crore. The Food Corporation of India's grain stock is also expected to increase, resulting in a higher economic cost.
The Western Railway will run special AC Superfast trains between Mumbai Central and Vatva on select dates in May and June 2026. This will cater to the increasing passenger demand and provide better connectivity for daily commuters, business travellers, students, and families. The trains will also stop at key stations, allowing for comfortable and early morning travel.
A new Amrit Bharat train has been approved to improve connectivity between Delhi and Gorakhpur, offering a faster, safer, and more comfortable travel option. The train will operate on a weekly basis and stop at key stations along the route, benefiting smaller towns as well. This service is expected to bring economic and social benefits to the region.
Central Railway is taking action against the misuse of the Foreign Tourist Quota, as investigations have uncovered fraudulent bookings by Indian passengers. A probe is underway to determine the involvement of agents and individuals in these bookings. Passengers are advised not to book tickets under quotas they are not entitled to, with strict penalties in place for those caught doing so.
Global oil futures experienced a decline due to the possibility of a US-Iran peace deal, but experts caution that disruptions in crude supplies through the Strait of Hormuz may continue for weeks. The proposed deal includes a halt on Iran's nuclear program and a gradual reopening of the strait, but it could take until July for normal oil flow to resume.
IndiGo becomes launch carrier at Noida International Airport, offering flights to 16 domestic destinations including Bengaluru and Hyderabad. Bookings open for flights starting June 15, highlighting need for multiple airports in major Indian cities to handle growing passenger traffic.
NITI Aayog's national education report reveals a concerning learning crisis among 24.69 crore school students in India, with only a small percentage meeting grade-level expectations. The report recommends changes in teaching methods, testing, and foundational skills to enhance quality and bridge gender gaps.
Vijay's TVK emerged as the largest party in Tamil Nadu's recent elections with 108 seats, but falls short of the majority mark. To ensure a stable government, TVK is exploring coalition options and offering cabinet positions to smaller parties. With smaller parties becoming kingmakers, their support could help TVK secure a comfortable majority.
Bangladeshi cricket star Shakib Al Hasan is struggling financially due to his bank accounts being frozen without evidence after the 2024 student revolution. He wants to return to cricket but is frustrated with the lengthy investigation. As of May 7, 2026, his accounts remain frozen.
BCCI Secretary Devajit Saikia denies DK Shivakumar's claim that logistical issues caused IPL finale venue change. KSCA requested over 10,000 complimentary tickets, including VIP tickets for MLAs and council members, leading to the decision to move the venue away from Bangalore and depriving RCB of defending their title.
Air India has retired its last Boeing 777-200LR aircraft after nearly two decades. The leased aircraft helped bridge fleet gaps and enabled additional nonstop services to San Francisco. The retirement coincides with the closure of Pakistani airspace, forcing the airline to introduce technical stops on US-bound routes.
"Actor-turned-politician "Thalapathy" Vijay's bid for power in Tamil Nadu faces a tight deadline as the state's legislative term ends on Sunday. With his party, Tamilaga Vettri Kazhagam, winning 108 seats, Vijay must secure the majority mark of 118 to avoid a political crisis. However, post-election manoeuvres by other parties add a new dimension to the unfolding drama.
MRF, a top tyre manufacturer, declares final dividend of Rs 229 per share for FY26, making the total payout Rs 235 per share. Q4FY26 shows 37% increase in consolidated profit after tax, revenue, and EPS. Despite higher expenses, MRF improves profitability, resulting in a positive response from the stock market.
Motilal Oswal Financial Services has increased its target price for CG Power to Rs 940, with a predicted 13% increase. They maintain a 'Buy' rating due to strong performance in power systems, capacity expansion, and a solid order book. The outlook for the semiconductor business is improving, along with pricing power and cost management. CG Power's stock price has risen by 42% in the past year.
The IPL 2026 is heating up and the competition for individual performance is intense. Sunrisers Hyderabad's victory over Punjab Kings has put the Orange and Purple Caps in the spotlight. RCB's Virat Kohli aims to climb up the Orange Cap ladder while Bhuvneshwar Kumar defends his top spot in the Purple Cap race.
Paytm's stock has surged 6% after reporting a turnaround in Q4FY26 and its first-ever annual profit. Revenue rose 18.4%, EBITDA turned positive, and operating efficiency improved. Jefferies has a 'Buy' rating on the stock with a target price of Rs 1,350.
InCred Holdings, parent company of InCred Financial Services, has filed updated draft papers for its IPO. The public issue includes a fresh issue of shares worth Rs 1,250 crore and an offer-for-sale of 9.9 crore equity shares. Proceeds will be used to strengthen subsidiary and expand lending business.
In a thrilling match, SRH reclaimed the top spot in the IPL 2026 playoffs by defeating PBKS in Match 49. After dominating the table for 25 days, PBKS suffered a slump in form, allowing SRH to take over. With a win in Match 50, RCB has a chance to overtake SRH and claim the top spot. Pat Cummins' all-round performance led SRH to victory.
A legal challenge has been filed to halt the crucial board meeting of Sir Ratan Tata Trust, with a 61-year-old resident of Thane seeking reconstitution of the board due to alleged violations. The meeting aims to discuss important matters like representation on Tata Sons board, potential listing, and issue of perpetual trustees.
Emami has acquired a 60% stake in IncNut Digital, the parent company of beauty and wellness brands Vedix and SkinKraft, for Rs 321 crore. The remaining stake will be acquired in two tranches over the next 4.5 years. IncNut Digital specializes in personalized beauty and wellness products and has raised $10.5 million in funding. Emami is aggressively acquiring new-age companies
Cricket Australia has offered Pat Cummins a lucrative three-year contract extension worth AUD 4 million per year, aiming to keep him in the national team until 2029 and prioritize international cricket over T20 franchise leagues. The new deal is a 50% increase from Cummins' previous retainer, making him the highest-paid Australian player.
Eastern Railway introduces daily unreserved summer special train between Saraigarh and Deoghar to ease travel for commuters between Bihar and Jharkhand. The service will run from May 7 to May 31, 2026, with 25 trips in each direction. This provides faster, reliable, and convenient travel options, improving connectivity for smaller towns.
Amid growing fears about AI becoming more embedded in daily life and being blamed for mass layoffs in the tech industry, Aiza Usman, an Applied AI Engineer at Anthropic, offers a different perspective.