The Economic Times
Elections 2026Company / The Economic Times
A solitary tree, sculpted by relentless winds, offers a powerful lesson in resilience. Industrialist Anand Mahindra shared a video of the tree, highlighting how challenges can shape us into something stronger and more distinctive. This message resonates deeply with millions navigating life's storms, emphasizing adaptation over resistance.
A Bengaluru couple has gone viral after revealing that they spend nearly 1.3 lakh every month despite both earning well-paying corporate salaries. From 56,000 rent to groceries, subscriptions, commuting, and eating out, their expense breakdown has divided the internet with some calling it normal Bangalore life and others saying it reflects luxury choices more than rising living costs.
The AIADMK is experiencing an internal split following a significant election defeat. MLAs are divided on whether to support the ruling TVK party. Some party members are also showing signs of discontent with party chief Edappadi K Palaniswami. Senior leaders and their supporters have reportedly skipped meetings. This division could impact the party's future.
India is launching a new rural employment program, VB-G RAM G, replacing MGNREGA from July 1, 2026. This initiative guarantees 125 days of work annually for eligible rural households. The program aims to boost rural infrastructure and livelihoods. The transition will be seamless, with existing job cards remaining valid.
Indian-American philanthropist Anil Kochhar announced a significant gift at North Carolina State University's Wilson College of Textiles graduation. He and his wife Marilyn will cover the final-year education loans for 176 graduates from the 2025-26 academic year, honoring his father's legacy. This generous act aims to provide students with greater freedom to pursue their aspirations without financial burdens.
Quote of the day by Mother Teresa: Mother Teresa devoted her life to helping the poor, sick, and homeless through compassion and selfless service. Founder of the Missionaries of Charity, she inspired millions with her teachings on kindness, love, and humanity. Honored with the Nobel Peace Prize, Mother Teresas timeless message continues to encourage people worldwide to make a difference through even the smallest acts of care.
Tamil Nadu Minister S Keerthana was unable to take her oath as an MLA in the State Assembly on Monday. She did not present her Certificate of Election, a mandatory requirement. Assembly officials requested the document before allowing her to proceed. Keerthana, elected from Sivakasi, was the last minister to be invited.
India's economic growth is set to slow in the upcoming fiscal year. This slowdown is attributed to the diminishing impact of recent tax cuts and escalating crude oil prices. These factors will affect consumption, investment, and inflation. The economy faces pressure from weakening momentum and an oil shock linked to the Iran conflict. A weaker monsoon also poses a risk.
India's judiciary is embracing digital transformation. Chief Justice of India Surya Kant has launched 'One Case One Data' to unify court information nationwide. This initiative connects high courts, district courts, and taluka courts for better case management. Additionally, an AI-powered chatbot named 'Su Sahay' is now available on the Supreme Court website.
The Department of Posts targets a Rs 4,000 crore revenue increase this year. This follows a significant Rs 2,100 crore growth last fiscal year. The department is transforming post offices into profit centers. Innovations like 24-hour delivery and extended operating hours are being implemented. Accountability and performance monitoring are key drivers for this ambitious growth.
Adani Group Chairman Gautam Adani said that control over both energy and digital infrastructure will define 21st-century global powers. He argued that fractured global dynamics, exposed by conflicts, necessitate national self-reliance in these win foundations of national power. Nations mastering energy and computing will shape the future, with India uniquely positioned to leverage domestic demand for its infrastructure growth.
West Bengal's new Chief Minister Suvendu Adhikari begins his tenure with a crucial cabinet meeting at Nabanna today. The agenda includes distributing portfolios among ministers and holding vital discussions with top state bureaucrats. Following this, Adhikari will meet with District Magistrates and senior police officials across the state. This marks the commencement of the new government's administrative operations.
Traffic challan rules: A viral video sparks debate on Indian drivers' rights as a legal expert clarifies that traffic police cannot forcefully snatch keys during routine checks. While officers can demand documents, unauthorized key-snatching and aggressive stopping tactics are illegal and pose safety risks, leading to calls for better enforcement and awareness.
Cricketer Arshdeep Singh was seen walking hand-in-hand with rumoured girlfriend Samreen Kaur on the streets of Dharamshala, sparking discussions about player security and public interaction. He was seen roaming with his Samreen ahead of the PBKS vs DC IPL match. A recent video of him carrying multiple bags at the airport also drew mixed reactions, with many defending his chivalrous gesture.
India's women's recurve archery team clinched a dramatic gold medal at the Archery World Cup Stage II in Shanghai, defeating hosts China in a shoot-off. This victory, their first World Cup gold in five years, provides a significant confidence boost ahead of the Asian Games. Deepika Kumari also equaled a national record with her 12th World Cup medal.
Two cheetahs from Botswana were released into Kuno National Park by Madhya Pradesh Chief Minister Mohan Yadav. This marks a significant step for Project Cheetah. The cheetahs have completed their quarantine period. This initiative aims to reintroduce cheetahs and enhance wildlife conservation in India. The total cheetah population in India now stands at 57.
LPG 14.2 kg cylinder gas price: Domestic LPG cylinder prices remain steady across Indian cities, contrasting with the buzz around potential petrol and diesel price hikes. While commercial LPG cylinder prices saw an increase, government sources hint at a possible rise in domestic LPG prices soon. Prime Minister Modi urged citizens to reduce petrol and diesel consumption due to global supply disruptions.
The e-Vikas fertiliser system has so far benefitted 1.3 million farmers, reduced queues, and triggered a behavioural shift toward need-based usage, says Nishant Warwade, Agriculture Secretary, Madhya Pradesh.
An American citizen repatriated from a cruise ship hit by hantavirus has tested mildly positive. The passenger is in a biocontainment unit as a precaution. This individual, along with other US passengers evacuated from the Canary Islands, will be taken to a specialized center in Nebraska for assessment and care.
Global tensions from the West Asia war will impact economies. Union Minister Ashwini Vaishnaw urged citizens to support the Centre's efforts. Prime Minister Narendra Modi called for fuel-saving and cost-cutting measures. India remains vulnerable due to energy import dependence. The government's policies have maintained stability so far.
IIT Roorkee has released the JEE Advanced 2026 admit card today, May 16th. Candidates can download their hall tickets from jeeadv.ac.in by logging in with their credentials. The exam is scheduled for May 18th, with two papers. Remember to carry your admit card and valid ID for entry. JoSAA counselling is expected to commence on June 2nd.
U.S. industry groups and bipartisan lawmakers are urging President Trump not to allow Chinese auto investments, citing concerns over market dominance and data security. Chinese EV makers are rapidly gaining market share in Europe and Mexico with low prices, a trend the U.S. industry fears could cripple domestic production.
Indane Gas Booking News: Consumers receiving subsidised LPG cylinders face new warnings. Oil companies are now cross-referencing customer data with Income Tax records. Those with an annual taxable income above Rs 10 lakh may lose their subsidy permanently. This move aims to ensure benefits reach eligible lower-income households. Customers have seven days to respond if they believe the information is incorrect.
Singer Dua Lipa has filed a lawsuit against Samsung Electronics. She claims the company used her image on television boxes without permission. Lipa is seeking at least 15 million dollars in damages. The lawsuit alleges copyright, trademark, and publicity rights violations. Samsung has declined to comment on the ongoing legal matter.
CBSE Class 12 Results 2026 Date: Speculation is rife that CBSE Class 12 results for 2026 might be announced today, May 11, with a banner on DigiLocker fueling the anticipation. Students can check their results via official websites, DigiLocker, UMANG app, or SMS services, especially if official portals experience heavy traffic.
Ekadashi, a sacred Hindu observance dedicated to Lord Vishnu, occurs twice monthly, totaling 24 days annually. In May 2026, Apara Ekadashi falls on May 12-13 and Padmini Ekadashi on May 26-27. Devotees observe fasts, prayers, and rituals to seek spiritual growth and inner peace.
PM Modi WFH Advice: Amidst global economic uncertainty and rising fuel prices, Prime Minister Narendra Modi urged Indians to revive Covid-era habits like work-from-home and virtual meetings. He emphasized reducing fuel consumption, unnecessary foreign travel, and gold purchases to bolster energy security and conserve foreign exchange reserves.
India's economy shows strong momentum. Real GDP growth is projected at 7.2 per cent for Q4 FY26. Full-year growth for FY26 is expected at 7.5 per cent. Rural and urban consumption are driving this growth. For FY27, real GDP growth is forecast at 6.6 per cent. This outlook considers global economic challenges and domestic demand strength.
Former Thai Prime Minister Thaksin Shinawatra was released early from prison after serving eight months of a one-year sentence for corruption. The 76-year-old telecoms billionaire will wear an electronic monitor during his four-month probation, raising questions about his potential return to politics despite pending cases.
China's car sales experienced a 21.6% year-on-year decline in April, marking the seventh consecutive month of contraction. Automakers are increasingly relying on robust export growth, which surged 80.2%, to offset domestic market challenges. This trend is highlighted by BYD's global sales downturn despite strong overseas shipments.
One American repatriated from a hantavirus-struck cruise ship has tested mildly positive for the Andes strain, with a second showing mild symptoms. Both are being transported in biocontainment units to specialized treatment centers in the U.S. The outbreak on the MV Hondius has resulted in illnesses and fatalities, with the Andes strain capable of causing severe, potentially fatal lung illness.
Taiwan Semiconductor Manufacturing Co. will likely continue making chips for Apple. Experts say TSMC's advanced technology and reliable production are unmatched. While Apple may work with Intel, TSMC's lead in areas like packaging and yields makes it indispensable for Apple's key devices.
A Turkish Airlines flight from Istanbul to Kathmandu experienced tyre fires upon landing at Tribhuvan International Airport. All 278 passengers and 11 crew members were safely evacuated using emergency doors. The incident, which saw flames on the right landing gear, is under investigation, with no official statement yet released by the airline or airport.
Petrol Diesel price today: Fuel prices in major Indian cities remained steady on Monday, May 11. However, Prime Minister Modi's appeal for fuel conservation, citing the West Asia conflict and rising global crude prices, signals that a potential hike is imminent. State-run oil companies have absorbed significant losses, making a price increase unavoidable soon.
Yesterday IPL match RCB vs MI: Royal Challengers Bengaluru secured a dramatic two-wicket victory over Mumbai Indians. The thrilling IPL 2026 match concluded on the final ball. RCB chased down the target of 167 runs. This win propels RCB to the top of the points table. Mumbai Indians are now out of playoff contention.
China's producer prices surged 2.8% year-on-year in April, reaching a 45-month high driven by gains in commodity sectors like non-ferrous metals and oil. Consumer inflation also accelerated to 1.2%, fueled by rising gasoline and gold jewelry prices. This external price shock adds pressure to manufacturers amid weak domestic demand.
Prime Minister Narendra Modi's visit to the UAE will focus on strengthening the Strategic Defence Partnership. This collaboration includes defense industry, innovation, and cybersecurity. The visit also underscores solidarity with UAE leadership amidst ongoing regional conflict. India reiterates its support for peaceful resolution and stability in West Asia.
President Donald Trump is set to visit China from May 13 to 15 at the invitation of President Xi Jinping. The US leader's agenda includes discussions on critical issues such as Iran and trade with his Chinese counterpart during the state visit.
Israeli Prime Minister Benjamin Netanyahu plans to end U.S. military aid within ten years. He seeks to boost ties with Gulf nations. Netanyahu stated this goal in a recent interview. He believes it is the right time to reset the financial relationship with the U.S. Support for Israel in America has declined.
Passengers from the hantavirus-hit cruise ship MV Hondius are flying home from Tenerife. They are being evacuated by military and government planes. Travelers are escorted by personnel in protective gear. Spanish and French passengers have already departed. The evacuation effort involves over 20 countries and is expected to last until Monday.

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