The Economic Times

A bulk carrier near the Strait of Hormuz reported an attack by small craft. Iran has presented a new proposal to the United States. This plan seeks to resolve bilateral issues within 30 days and end the ongoing war. President Trump is reviewing the proposal. Iran maintains control over the Strait of Hormuz.

Delhi experienced a warm Sunday with a high of 36.6 degrees Celsius. Light rain was recorded in some areas. The India Meteorological Department has issued a yellow alert for thunderstorms and rain starting Monday. No heatwave conditions are expected. Cloudy skies with rain are forecast until May 6. The city's air quality is moderate.

Warren Buffett Apple investment: Warren Buffett lauded Tim Cook's leadership at Berkshire Hathaway's shareholder meeting, highlighting the immense success of their $35 billion Apple investment. Buffett revealed the bet was primarily on Cook, who transformed the investment into approximately $185 billion, a testament to his management of Apple's growth.

Puducherry's 2026 Assembly elections are a tight race with a record 89.83% voter turnout. Exit polls project a victory for the AINRC-led NDA, though actor Vijay's TVK is also in contention. Key constituencies feature high-profile candidates, including the incumbent CM and former CM, in closely watched contests.

Social Security and SSI benefits cut 2026: A proposed Social Security Administration rule could penalize SSI recipients living with family by counting their living space as income. This change may reduce or eliminate benefits for up to 400,000 individuals, particularly impacting disabled adults and low-income seniors who rely on shared housing for support.

Donald Trump's method of handling inflation has been disapproved by 72 per cent, cost of living 76 per cent. A staggering 66 per cent of respondents disapproved of the U.S. President's way of handling Iran.

The Indian and Cambodian military units have embarked on an exciting two-week joint drill in Cambodia, entering the second chapter of their CINBAX initiative. With a keen focus on counter-terrorism tactics and peacekeeping maneuvers, the exercise will feature hands-on training, including cutting-edge drone technology.

Air traffic in the UAE has returned to normal. The country's aviation authority lifted precautionary measures implemented on February 28. These measures were put in place at the start of the Iran war. The decision followed a thorough assessment of operational and security conditions. This coordination was done with relevant entities. Normalcy has now been restored to the skies.

Iran has presented a new 30-day proposal to the U.S. aiming to end the ongoing conflict, not just extend the ceasefire. The plan includes lifting sanctions, ending blockades, and withdrawing forces. Meanwhile, Iran remains firm on its stance regarding the Strait of Hormuz, demanding tolls for passage. The Iranian rial continues to weaken significantly against the dollar, impacting the economy.

Kerala Chief Minister Pinarayi Vijayan updated his social media bio. This comes as vote counting for the state Assembly elections is scheduled. Exit polls suggest a victory for the Congress-led United Democratic Front. The Left Democratic Front is also projected to secure seats. The results will be declared on May 4.

Israel's Prime Minister Benjamin Netanyahu stated the nation is stronger than ever. He outlined a new defense strategy focusing on strengthening capabilities and achieving independence. This includes acquiring advanced aircraft and boosting domestic arms manufacturing. The move aims to reduce reliance on foreign suppliers following recent conflicts. Israel is also developing new projects to counter drone threats.

Madhya Pradesh Chief Minister Mohan Yadav has initiated the Indore-Pithampur economic corridor. This ambitious project aims to attract investments totaling Rs 1 lakh crore. The corridor will connect key transport networks, boosting industrial production and logistics. It is expected to create significant employment opportunities. The government is also developing new industrial parks and expressways to accelerate development across the state.

GT vs PBKS Pitch Report: The Narendra Modi Stadium in Ahmedabad is known for its batsman-friendly pitches, especially those with red soil offering true bounce. For the IPL 2026 match between Gujarat Titans and Punjab Kings on May 3, batters are expected to enjoy good conditions while spinners may struggle. Slight dew in the evening could favour the team batting second.

The Asian Development Bank has launched a new facility to boost critical minerals supply chains. This initiative aims to help developing economies in Asia and the Pacific move into higher-value clean energy and advanced technology industries. Japan and the United Kingdom are providing initial grants. Korea Eximbank and Korea Trade Insurance Corporation are contributing to a catalytic finance window.

Hezbollah has suffered significant casualties and territorial losses in its conflict with Israel. Despite facing domestic opposition, the group aims to leverage its alliance with Iran to secure a favorable regional outcome. Lebanon's government is pursuing direct talks with Israel, a move Hezbollah opposes. The situation remains tense with ongoing exchanges of fire.

Delhi Police apprehended three individuals, including a bank assistant manager, for a Rs 45 lakh investment scam. The trio allegedly used a fake trading app to dupe a retired government officer by promising high returns on IPOs. Investigations revealed the money was laundered through mule accounts, with the bank official accused of facilitating the process.

Hezbollah vows to disrupt Lebanon-Israel peace talks, with a lawmaker stating the group will not implement any agreements. Despite a ceasefire, Israel continues strikes in southern Lebanon. The negotiations, aimed at ending decades of conflict and securing Israeli withdrawal, face strong opposition from Hezbollah, which insists on guarantees against future attacks.

A Sydney family was devastated by an alleged triple murder on Saturday, May 3, 2026. Police discovered the bodies of parents Charles Feng and Ruvena Lam, and their youngest son Justin, at their Rosemeadow home. The eldest son, Jacky Feng, has been charged with their murders and the attempted murder of another brother.

A video of a man vandalizing a train seat for a social media reel has gone viral, sparking outrage. The man, identified as Ankit Toppo, was seen tearing cushions and upholstery in a moving Indian train coach, and his friends recorded the act. Netizens are demanding strict action under the Railways Act and a user even tagged his Instagram account.

Chandigarh and parts of Punjab and Haryana experienced rain, strong winds, and dust storms on Sunday, bringing down temperatures. The weather disruptions caused power outages, uprooted trees, and injured an industrialist in Hoshiarpur. Despite initial chaos, skies cleared in the afternoon, offering relief from the heat.

Srinagar is getting a makeover. Roads and walkways are being repaired and painted. The Civil Secretariat will reopen here on Monday. This marks the return of the Darbar Move. This tradition shifts the government between Jammu and Srinagar. It ensures governance benefits for both regions. The practice dates back to 1872. It was stopped and then restored.

India's space sector is advancing with GalaxEye's Mission Drishti launch. This mission features the world's first OptoSAR satellite, integrating electro-optical and radar sensors. The satellite will provide reliable data for defense, agriculture, and disaster management. GalaxEye plans a constellation of ten satellites by 2030, enhancing India's earth observation capabilities.

Wrestler Vinesh Phogat has issued a stern warning to the Indian government regarding her safety at the upcoming National Open Ranking Tournament. She expressed apprehension about potential biased officiating at the Gonda venue, which she believes is influenced by former WFI chief Brij Bhushan Sharan Singh. Phogat seeks a fair competition environment for her comeback event.

Delhi is set to introduce a fully digital and time-bound traffic challan system. Violators will face mandatory timely resolution of fines. Serious offenders with multiple violations risk licence suspension. E-challans will be delivered within three days. Citizens will have 45 days to pay or challenge challans online. Non-compliance will lead to vehicle service restrictions.

Tamil Nadu's ruling DMK has raised concerns about potential disruptions on May 4. The party alleges plans by the BJP to create disturbances at vote counting centres and sensitive areas. The DMK has urged election authorities to implement preventive measures. These actions aim to ensure peace, public order, and the integrity of the counting process across Tamil Nadu.

West Bengal Leader of Opposition Suvendu Adhikari has raised concerns about election protocol breaches. He alleges officers are disclosing their counting day duties to associations. This could lead to undue influence and intimidation. BJP MP Saumitra Khan also flagged similar issues involving officials. Security has been heightened outside strongrooms in Kolkata ahead of the May 4th vote counting.

Punjabi star Diljit Dosanjh shared profound thoughts on faith and detachment during his Calgary concert. He spoke of not fearing death and completing his earthly duties. Dosanjh emphasized love and forgiveness, expressing no animosity towards anyone. His upcoming film, 'Main Vaapas Aaunga', is slated for a June 12 release. Fans are discussing his remarks online.

Formula One is set to embrace V8 engines by 2031, with a potential shift to 2030. FIA president Mohammed Ben Sulayem confirmed the move, aiming for simpler, louder engines. This change follows current V6 hybrid units. The sport seeks less complexity and improved sound. Manufacturers' approval could bring the V8s forward.

The Samrudhi SM-53 lottery results have now been released, offering participants a chance to win prizes ranging from a 1 crore jackpot to smaller amounts. Ticket holders can check their numbers for the draw, which features multiple prize tiers. The Kerala State Lotteries Department ensures transparency in the announcement and claiming process.

West Bengal Assembly Elections 2026: TMC workers in Bhabanipur alleged BJP cars entered the EVM strongroom. This incident follows Chief Minister Mamata Banerjee's protest over strongroom security. Both TMC and BJP are closely watching EVM security across West Bengal. Allegations of malpractice and tampering have been raised by the TMC. The Election Commission has denied these claims, stating surveillance was continuous.

P C George, a BJP candidate, expressed strong confidence in winning the Poonjar Assembly seat. He also predicted his son Shone George's victory in Pala. George anticipates a hung Assembly in Kerala, with the UDF as the largest front. He projected the NDA securing approximately 11 seats in the state. The election results are due on Monday.

Olivia Rodrigo kicked off her Saturday Night Live hosting debut with a humorous monologue, recalling her early days on Disney's Bizaardvark. She playfully jabbed at former co-star Jake Paul, contrasting her musical aspirations with his boxing career. Rodrigo also shared a funny anecdote about her first acting job and teased her new album with a lengthy, comedic title.

The Election Commission of India has ordered a complete repoll in West Bengal's Falta Assembly constituency. The April 29 election was declared 'seriously vitiated' due to widespread procedural lapses and EVM tampering. Fresh polling will now take place on May 21. This drastic step follows reports of masked EVM buttons and other irregularities.

Israel has approved a plan to purchase two new combat squadrons of F-35 and F-15Ia fighter jet aircraft from Lockheed Martin and Boeing in a deal worth tens of billions shekels.

Maharashtra Chief Minister Devendra Fadnavis criticized the opposition's response to a four-year-old girl's rape and murder, calling their criticism laughable given their past cash-for-transfers scandals. The incident, involving a 65-year-old accused with prior similar cases, has drawn sharp condemnation from opposition leaders like Sanjay Raut, who questioned the government's competence and priorities.

The Gujarat Secondary and Higher Secondary Education Board will announce Class 10 and Class 12 results on May 4 and May 6, 2026, respectively. Students can access their marksheets on the official website, gseb.org, or via SMS and WhatsApp. A minimum of 33% in each subject and overall is required to pass.

Stay cool without overspending with these six budget-friendly Indian fruits. From the jelly-like Tadgola and gut-cleansing Bael to the classic Watermelon, this story explains how local, affordable produce acts as a natural air conditioner for your body, keeping you hydrated and refreshed through the hottest months of 2026.

Himanta Biswa Sarma is poised for a second term as Assam Chief Minister. The Bharatiya Janata Party is expected to win, bringing Sarma back to lead. Union Home Minister Amit Shah has emphasized the party's commitment to deporting infiltrators. Unlike the previous election, there is no uncertainty regarding the Chief Ministerial choice this time.

SIS Ltd targets Rs 20,000 crore revenue by FY27. The security and facility management firm anticipates strong growth fueled by network expansion and new labour codes. The company is also embracing AI for enhanced customer service and operational efficiency. SIS plans to increase its workforce significantly by 2030.

As the counting of votes for Assam's 126 assembly seats gets underway this Monday, the stakes have never been higher. Will the BJP-led NDA achieve a historic third term or will the Congress party stage a remarkable comeback? With over 722 candidates, including key figures from various parties, on edge for the final results, the air is charged with anticipation.

The Iran war's impact on energy prices is forcing central banks to reassess policy. Robeco anticipates the Fed will cut rates twice this year, while the ECB might hike in June and September if Brent crude stays near $80. Asia faces significant exposure, with Japan's economy running hot and inflation risks prompting potential tightening.

Garena Free Fire MAX players can snag free in-game items on May 3, 2026, by using special 12-character alphanumeric redeem codes. These codes, released regularly, offer a limited-time opportunity to claim rewards. Players must act fast to redeem them on the official Garena website before they expire. Log in and enter your code to claim your prizes.

The Indian Army is procuring 159 bullet-proof troop carriers for Jammu and Kashmir and Ladakh to enhance soldier mobility in challenging terrains. The vehicles will support Rashtriya Rifles operations, offering protection and mobility up to 5,000 meters altitude, aligning with the Make in India initiative.