The Economic Times

Many rich families in the US gave away money early to save tax before rules changed. Later, the government made those tax benefits permanent, so rushing was not needed. Now some people feel regret. Experts say it is still mostly a good decision. Taking back assets is hard, but some changes are possible with legal and financial advice.

Chinese proverb of the day: Time relentlessly moves forward, shaping every experience without pause. This proverb emphasizes its precious, unrecoverable nature, urging wise utilization for personal growth, relationships, and ambitions. Recognizing its swift passage, especially in hindsight, encourages valuing each moment and action, as they collectively define life's direction.

Apple has agreed to a $250 million class-action settlement in the United States over allegations that it misled consumers about Siri and Apple Intelligence features promoted for the iPhone 16 series. The lawsuit, filed in 2024 by Peter Landsheft, claims Apple advertised AI capabilities that were not available at launch, affecting buyers of iPhone 15 Pro and iPhone 16 models purchased between June 2024 and March 2025.

Amid mounting scrutiny, President Trump staunchly supports the ballooning budget for a new White House ballroom, claiming the total will remain below 400 million dollars. This statement coincides with a Republican-led push for a billion-dollar allocation meant for the Secret Service, potentially earmarked for the ballroom's construction.

The One Piece is a fresh take on Eiichiro Odas iconic manga, one of the best-selling comic series of all time. The remake revisits the early East Blue saga, offering a reimagined entry point for new viewers while giving longtime fans a more polished, modern retelling.

Manipur police apprehended four Myanmar nationals carrying suspected heroin. In a separate event, Governor Ajay Kumar Bhalla honored various security units for their exemplary service. These units received the Governor's Unit Citation for their dedication. The Governor acknowledged their role in maintaining peace and order amidst challenging times. Chief Minister Yumnam Khemchand Singh also praised their humanitarian efforts.

Quote of the day by Lisa Su: AMD CEO Lisa Su inspires future leaders. She emphasizes dreaming big and embracing opportunities. Su highlights the current era as the beginning of a new wave. Her message encourages bold ambitions. She shares insights on learning and career growth. Su's journey from tinkering to leading AMD is a testament to her vision.

National Nurses Day: Nurses Week 2026 runs May 6-12, honoring healthcare workers with nationwide freebies and discounts. Major chains such as Chipotle, Dunkin, and Applebees are participating, alongside coffee shops and bakeries. Offers include free drinks, BOGO deals, and discounted meals. Most require valid ID and may vary by location. The week celebrates Florence Nightingales legacy and recognizes nurses essential role in patient care across the country while encouraging communities to show a

India's new Research, Development, and Innovation Fund is receiving an enthusiastic response from the private sector. This unique initiative, launched by Prime Minister Narendra Modi, aims to accelerate breakthrough technologies. The fund supports high-risk, high-impact projects with private players contributing 50 percent. Over 200 proposals are currently under evaluation, signaling strong engagement for national self-reliance and economic security.

India and South Korea will meet on May 25 to review their economic partnership agreement. India has proposed negotiating a new bilateral trade agreement. This aims to address the widening trade deficit. The two nations seek to double their commerce by 2030. They also want a more balanced trade relationship.

India's total exports hit a record $863.11 billion in the last fiscal year. Services exports alone reached $421.32 billion, showing significant growth. Merchandise exports also saw an increase. This performance highlights India's strong export capabilities despite global challenges. The country achieved its highest quarterly export figures throughout the fiscal year.

Uber stock jumps nearly 9% after Q1 earnings beat: why UBER shares are surging as bookings hit record highs and Wall Street rethinks the growth story. UBER stock surged roughly 9% in premarket trading after the company reported first-quarter 2026 results that beat Wall Street on the metrics that matter most: earnings, bookings, and EBITDA.

While English speakers rely on a rotating door of pet names, Spanish speakers invoke Cario to anchor a relationship. It is a noun, a feeling, and a title all at once. To offer cario is to provide a sanctuary of softheartedness, bridging the gap between casual friendship and the fierce intensity of devotion.

Google CEO Sundar Pichai believes insecurity fuels personal and professional growth and encourages embracing challenges and stepping outside comfort zones. Pichai's insights highlight how facing difficulties builds resilience and self-awareness, highlighting that true advancement stems from pushing limits, not from keeping a laidback attitude in life. The quote means that feeling unsure at times pushes you to learn, improve, and become better.

Quote of the day: Carl Jung's insights on loneliness remain relevant today. He believed true isolation comes from not being able to share what matters most. This idea resonates in our digital age where surface-level interactions prevail. Jung, a pioneer of analytical psychology, explored the unconscious mind. His work influences many fields. Genuine connection requires authentic communication and understanding.

With A Good Girls Guide to Murder Season 2, viewers can expect sharper twists, deeper emotional consequences, and a compelling new case that challenges the protagonists good girl persona.

As FY26 enters its final quarter, India's manufacturing sector showcases a resilient spirit, buoyed by stable production outputs and a hopeful perspective on domestic demand. While input costs are on the rise, the investment climate stays encouraging. Plans for expanding capacity are in motion, although challenges such as geopolitical tensions and labor shortages loom.

Shashi Shekhar Vempati ascends to the role of chairperson for the Central Board of Film Certification, following in the footsteps of Prasoon Joshi, who has transitioned to head Prasar Bharati.

Operation Sindoor, a swift military response to the Pahalgam terror attack, showcased strong coordination among India's Army, Navy, and Air Force. The operation successfully targeted terror launchpads in Pakistan and Pakistan-occupied Jammu and Kashmir. This led to a four-day conflict, with India conducting retaliatory strikes. A ceasefire was agreed upon, ending hostilities and preventing further loss of life and infrastructure.

A fading geomagnetic storm offers one more chance to catch the Northern Lights on the night of May 6, 2026. While solar activity is decreasing, viewers in higher latitudes still have a window for aurora sightings under dark, clear skies. Heres everything you need to know to maximise your chances.

India will not restrict sugar exports currently. Lower production is expected, but stable prices indicate weaker demand is balancing the shortfall. The government believes supplies remain sufficient. Fresh export deals have slowed due to firmer local prices and global disruptions. India's sugar output is projected to match consumption for the 2025-26 season.

India's food reserves are robust. Wheat and rice stocks in FCI godowns are nearly three times the mandatory buffer. This ensures ample supply for welfare schemes. Procurement for the next season is underway. Harvests are progressing well, with most rabi commodities trading below minimum support prices. This situation provides food security for the nation.

A viral post by Dr Josh Axe on Instagram is pushing a proactive approach to health, where an anti-cancer diet is followed not as a cure, but as a preventive lifestyle. His philosophy centres on eating whole, nutrient-rich foods that stabilise blood sugar, reduce inflammation, and strengthen immunity, ultimately shifting the focus from reacting to illness to preventing it through consistent, mindful eating habits.

Indian banks face an unprecedented five-week halt in gold and silver imports, causing domestic prices to surge and threatening shortages. Administrative hurdles and tax uncertainties have stalled shipments since April 1, impacting jewelers restocking after Akshaya Tritiya. While the India International Bullion Exchange offers an alternative, it's slower and capital-intensive.

Word of the Day: As language evolves to meet the demands of speed and simplicity, words like circumambient preserve a sense of its original richness. They encourage speakers to slow down, observe more closely and express experiences with greater precision.

India's export landscape witnessed an extraordinary transformation in 2025-26, as figures climbed to an astounding USD 863.11 billion. Amidst a backdrop of challenging global economic conditions, the country demonstrated resilience with a slight gain in merchandise exports. However, the real standout was the services sector, which saw exports reach an exhilarating peak.

China's Foreign Minister Wang Yi said Beijing would play a greater role in ending hostilities in the Middle East during talks with his Iranian counterpart on Wednesday, a week before US President Donald Trump is due to meet Xi Jinping. China will work harder to ease tensions and end the fighting, continue to support the launch of peace talks, and play a greater role in restoring peace and tranquility to the Middle East, Wang told Iran's Abbas Araghchi in Beijing.

jacresults.com JAC 12th Result 2026 Declared: The Jharkhand Academic Council (JAC) has announced the Class 12 board exam results for 2026 on May 6. Students can check their scorecards online and via DigiLocker, with a minimum of 33% required to pass. The board also offers improvement exams for theory papers and has outlined its grading system.

R Madhavan's son, Vedaant, leads a highly disciplined life, waking at 4:30 AM for rigorous swimming training alongside his schooling. A multi-medal winner at international events, he is dedicated to achieving an Olympic medal, crediting his parents' unwavering support for his journey. He trains twice a day and follows a very disciplined routine.

The new West Bengal government will take its oath on May 9. The swearing-in ceremony is scheduled for 10 am at Brigade Parade Ground in central Kolkata. This marks a significant shift in the state's political landscape. The Bharatiya Janata Party secured a decisive victory in the recent assembly elections.

Abhay Gupta from Sidhi district, Madhya Pradesh, achieved an impressive 498/500 in his Class 10 state board exams, securing the second rank. Despite living in a dilapidated house and his father being a daily wage labourer, Abhay's discipline and consistency led to his success. His story highlights resilience and the power of persistence over privilege.

The Boys Season 5 marks the final chapter of the hit superhero satire, bringing years of blood-soaked storytelling to a high-stakes conclusion. Premiering on Amazon Prime Video on April 8, 2026, the season debuted with its first two episodes before moving to a weekly release schedule.

In Haryana's Nuh, numerous government primary schools lack buildings, forcing children to learn in cattle sheds, open fields, and village chaupals. Despite students' eagerness, dire conditions with no toilets, drinking water, or adequate teachers hinder education. Land for new schools is identified but construction remains stalled, leaving young minds in a precarious learning environment.

The BJP has criticized the Congress for its decision to support TVK in Tamil Nadu, stating it signals the INDIA alliance's collapse. The party claims the opposition bloc lacks common ideology and is disintegrating. The DMK also described the Congress move as a 'backstab'. These developments follow the recent assembly election results in Tamil Nadu.

A nationwide free annual health check-up initiative for workers aged 40 and above will launch on May 7, 2026. Union Minister Mansukh Mandaviya will inaugurate the program from New Delhi. This initiative, part of new Labour Codes, aims to strengthen social security and worker well-being. It will be rolled out across 11 ESIC hospitals.

Washington is reportedly nearing a breakthrough with Tehran on a preliminary deal to de-escalate tensions and pave the way for nuclear talks. The proposed one-page memorandum of understanding includes Iran halting nuclear enrichment, the US lifting sanctions and releasing frozen funds, and both nations easing Strait of Hormuz transit restrictions. Iran's response is anticipated within 48 hours.

Dhanalekshmi DL-51 lottery results for Wednesday, 6 May 2026, have been officially declared by the Kerala State Lotteries Department. Ticket holders can now check their numbers for a chance to win the 1 crore first prize along with other attractive cash rewards across multiple prize tiers.

TMC alleged BJP supporters used a bulldozer to demolish meat shops in New Market during a victory celebration, calling it hooliganism and accusing central forces of inaction. The party claimed this incident reflected a pattern of intimidation following election results, while the BJP denied supporting violence.

Chinese Foreign Minister Wang Yi condemned US-Israel military actions as illegitimate during talks with Iranian counterpart Abbas Araghchi in Beijing. The meeting, part of Tehran's broader diplomatic tour, focused on a regional ceasefire, maritime security in the Strait of Hormuz, and strengthening strategic ties.

Uttar Pradesh is witnessing significant growth in its defence sector. Investment proposals exceeding Rs 35,000 crore are being realized across six defence industrial corridors. These corridors are becoming hubs for various defence manufacturing, including small arms, ammunition, missiles, and advanced engineering.

The Bar Council of India has approached the Chief Justice of India. This follows a disturbing incident where an Andhra Pradesh High Court judge reportedly sent a young advocate to 24-hour judicial custody. The judge's action was reportedly for a procedural lapse during a hearing. The Bar Council has requested immediate intervention and administrative action.

Punjab blasts: Police are investigating low-intensity blasts in Amritsar and Jalandhar. Director General of Police Gaurav Yadav suspects Pakistan's ISI is behind the incidents, aiming to disrupt peace. Forensic teams and the National Investigation Agency are gathering evidence. Security agencies are working with the army to understand the blasts' origin and nature. The incidents have raised concerns about state stability.

Congress leadership has directed the TNCC to decide on TVK chief Vijay's request for support in government formation, prioritizing secular governance and opposing BJP influence. This move has irked the DMK, a key ally, after the recent Assembly elections.

Following the change in West Bengal's leadership, two former chief secretaries, Alapan Bandyopadhyay and H K Dwivedi, have resigned as chief advisors to the outgoing Chief Minister. Eminent economist Abhirup Sarkar also stepped down from his positions. These resignations come after the BJP's significant victory, ending the TMC's long tenure.