Golf legend Tiger Woods was arrested for DUI after a two-car crash in Florida. Shocking photos showed his flipped Land Rover and he was charged with property damage and refusal to submit to a test. This is not his first rollover crash, with a history of high-profile accidents dating back to 2000. This latest incident has brought attention to his past and damaged his reputation.
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.
Emkay Global Financial Services has reduced its target price for Punjab National Bank by 10%, citing reasons such as declining margins, weak treasury performance, and moderate credit and retail growth. The bank's earnings were affected by lower net interest margins and treasury gains. Emkay has revised its earnings estimates and warned about regulatory and asset risks.
Uttar Pradesh government has approved a 37-km road extension project to directly connect Greater Noida with the recently inaugurated Ganga Expressway. The 8-lane corridor will significantly improve connectivity and reduce travel time between the two cities to just 30-45 minutes. The project is expected to ease traffic congestion and boost regional connectivity.
Nuvama and Nomura have released reports on India's two-wheeler market. Both companies are focusing on different strategies to strengthen their positions, with Hero MotoCorp relying on mass-market strength and Bajaj Auto banking on exports, premium bikes, and electric mobility. Nuvama maintains a 'Buy' rating while Nomura has a 'Neutral' outlook for both stocks.
Zoho founder Sridhar Vembu advocates for fresh elections in Tamil Nadu under President's Rule, citing instability of post-poll alliances. He predicts a potential "super majority" for TVK if new elections are held. Currently, the state is facing a government formation deadlock as TVK, with Congress support, lacks majority.
India's private space sector is evolving as startups are now able to offer full satellite lifecycle services and compete globally. Policy reforms, access to capital, and technological progress have enabled companies to take charge of end-to-end outcomes. Indian startups are eyeing a share of the growing low earth orbit market, with a focus on speed, reliability, and bundled offerings.
According to a report by The Wall Street Journal, JPMorgan Chase reportedly offered a former employee $1 million to quietly settle allegations of sexual assault, harassment and racial discrimination before the case turned into one of Wall Street’s biggest talking points online.
Bajaj Auto reported strong quarterly earnings, leading to a surge in its share price. The company has announced a share buyback plan at a premium of 15% from Wednesday's closing levels. Analysts have raised EPS estimates for FY27 and FY28 due to higher revenue assumptions and buyback impact. Bajaj Auto's Q4FY26 results showed record net profit and revenue, with a 36% increase in EBITDA.
A federal judge has released an alleged suicide note written by convicted sex offender Jeffrey Epstein. According to the NYT, the note had remained sealed for years as part of the criminal case involving Epstein’s former jail cellmate.
BIRD and CERT-In have established a Cyber Security Lab to train rural financial institutions in dealing with cyber threats like ransomware and phishing. The lab offers hands-on modules and simulated drills and has already trained officials from RRBs and cooperative banks. The initiative aims to expand this training to the entire rural cooperative credit ecosystem.
Indian government allows Pakistani athletes and teams to compete in global events but maintains a ban on bilateral ties. This move showcases India's position as a leading sporting hub and addresses the visa issue for Pakistan-origin players. Upcoming fixtures include the Hockey World Cup and Asian Games, and the memorandum aims to ensure India remains a top-tier host.
Tamil Nadu's beloved actor-turned-politician "Thalapathy" Joseph Vijay is known for his bold decisions on-screen, but when it comes to money, he maintains a conservative approach. With his party, Tamilaga Vettri Kazhagam, winning 108 seats in the recent Assembly elections, he is likely to become the chief minister soon.
India's railway network is getting a major upgrade with the approval of three multi-tracking projects worth ₹23,000 crore. These projects will add new railway lines, reduce congestion, and improve connectivity, transforming passenger and freight movement by 2030-31. The projects will also have positive impacts on the economy, tourism, and climate goals.
Actor-turned-politician "Thalapathy" Vijay met Tamil Nadu Governor Rajendra Arlekar and staked claim on the government with the support of 108 MLAs from his newly-formed Tamilaga Vettri Kazhagam (TVK) party. The Congress also extended its support to Vijay, but the DMK criticized the party for betraying its alliance. However, the Governor has asked Vijay to come back with 118 MLAs to stake claim.
Marico, a top FMCG company, saw a 14% increase in net profit for FY26 despite Gulf tensions affecting its overseas business. Strong demand in India and other markets, except for the Gulf, fueled growth. Diversified portfolio, including digital and premium products, aided growth. However, global uncertainty and regional disruptions may pose challenges for Marico.
Karnataka Deputy CM DK Shivakumar clarified that the decision to relocate the IPL 2026 final was based on infrastructure and capacity, not VIP ticket demands. Despite reports of political friction, Shivakumar maintains that the move was a logistical choice. The IPL Governing Council also confirmed that the playoffs and final will be held at different venues.
Vijay's Tamilaga Vettri Kazhagam (TVK) came close to winning the majority in Tamil Nadu's recent election, with several narrow losses in key constituencies. The party's victories in some areas were by commanding margins, while others were heartbreakingly close. TVK also made significant gains against the DMK and AIADMK, showing a shift in political power in urban Tamil Nadu.
The Wodeyar Superfast Express now stops at Ramanagaram Railway Station, improving connectivity and comfort for commuters in Karnataka. This new train will greatly benefit daily commuters and travellers, while also strengthening regional rail connectivity. The one-minute stop at Ramanagaram will make travel easier for students, workers, and local residents.
Karnataka-based social activist CM Shivakumar Nayak has accused the Rajasthan Royals (RR) of exploiting 15-year-old Vaibhav Sooryavanshi by allowing him to play in the IPL. Nayak argues that this is a violation of child rights and labour laws. While the legal standing is complex, the Royals are now facing a moral and legal battle to defend their decision.
Macquarie has an 'Outperform' rating and Rs 415 target price for Aditya Birla Capital, expecting an 18% upside. The company's latest quarterly performance shows steady earnings, improving asset quality, and strong loan growth. Margins may recover with higher-yield loans, and insurance business also performed well.
Congress has ended its alliance with DMK and is now supporting Vijay's TVK party to form the government in Tamil Nadu. With 108 seats, just 10 short of a majority, Congress sees this as an overwhelming verdict in favor of TVK.