The Economic Times
Elections 2026Economy / The Economic Times
Following a landslide victory, the new West Bengal government faces expectations from thousands of jobless teaching staff. Their appointments were annulled by the Supreme Court in 2025 due to widespread irregularities. These teachers, who voted with their uncertain future in mind, now hope for transparent and timely reinstatement. The previous government's alleged corruption and nepotism led to this crisis.
Delhi Traffic Challan Lok Adalat: Delhi traffic offenders now face a pay-first, argue-later system. To contest a challan, motorists must deposit half the fine in advance. Strict deadlines and automated notices will track payments. Unpaid fines can block vehicle services and lead to impoundment. Repeat offenders face licence suspension. This new digital framework aims to streamline enforcement and ensure compliance.
The paper, Re-imagining the Care Economy: From Private Burden to Social and Economic Infrastructure and co-authored by Shamika Ravi, member of EAC-PM, Mitali Nikore, who is the founder and chief economist at Nikore Associates, Dr. Bhabesh Hazarika, economist at the National Institute of Public Finance and Policy (NIPFP) and Sindhuja Penumarty, young professional at EAC-PM, pegs the domestic demand for care workers to exceed 30 million by 2050 alongside a significant rise in international demand
India is taking a groundbreaking step forward in the realm of rare disease care with a distinctive approach that champions local ingenuity and smart resource allocation. By shifting away from conventional Western practices, India is crafting a solution tailored to its own needs.
Vijay's political campaign in Tamil Nadu mirrored a film launch. It used digital tools and fan clubs to mobilize supporters. Holograms and AI content reached voters, especially young ones and families. This peer-driven approach bypassed traditional political messaging. Viral content and emotional appeals sustained engagement. The strategy created a new election model for the state.
Actress Trisha Krishnan is making headlines. Speculation surrounds her relationship with actor-politician Thalapathy Vijay. This comes as Vijay's wife has reportedly filed for divorce. Trisha and Vijay have been seen together publicly. Their alleged relationship has intensified recent gossip. Trisha has previously been linked to Rana Daggubati and Varun Manian.
Sangeetha Sornalingam's Net Worth: Sangeetha Sornalingam, wife of Tamil superstar and TVK chief Thalapathy Vijay, comes from a wealthy Sri Lankan Tamil family. Her personal net worth is estimated at Rs 400 crore. Daughter of a London-based businessman, she has significant family wealth. Vijays recent affidavit shows he gave her a Rs 12.6 crore loan.
The Bharatiya Janata Party's electoral successes will strengthen its Rajya Sabha presence over time. This impact will be seen in states like West Bengal and Tamil Nadu in upcoming years. The Congress party's representation is expected to decline. The National Democratic Alliance's strength in the Upper House is projected to grow, influencing the political landscape.
Only seven women candidates secured victory in the 126-member Assam Assembly, mirroring the 2021 results. The ruling NDA will have six women legislators, while the Congress has one. Despite women comprising nearly half the electorate, their representation in the assembly remains low.
The Super Mario Galaxy Movie: Directed by Aaron Horvath and Michael Jelenic, the film expands Nintendos beloved universe into a cosmic adventure. Inspired by Super Mario Galaxy, the story follows Mario and Luigi as they travel through space to stop Bowser, who is now backed by Bowser Jr.
Roman thinker Seneca understood love's dual nature. He noted love can bring pain but wisdom helps endure it. Seneca advised that to be loved, one must love first. His life experiences shaped his views on attachment and resilience. His philosophy remains relevant today, urging us to embrace love with courage despite potential loss.
If crude oil prices remain elevated, Indian oil companies might find themselves under financial pressure. Delaying adjustments to fuel prices could impact their profits and cash reserves. Fitch Ratings warns that sustained high prices, rather than brief surges, present the greatest threat to credit ratings. Performance among companies will differ based on their operational strategies and investment approaches.
A government sub-committee found coal dust and wastewater impacting mangroves at JSW Dharamtar Port. This occurred before an expert panel recommended environmental clearance for port expansion. JSW has acknowledged these issues and agreed to implement recommendations. The port's operations pose a risk to the Dharamtar creek's sensitive mangrove ecosystem.
Diet Coke parties are gaining popularity across India. A shortage of the beverage, linked to the Iran war, has created a social media frenzy. Bars and restaurants are organizing events with entry fees offering Diet Coke, music, and activities. These gatherings celebrate the scarcity, turning it into a unique social experience for fans.
The trailer for Christopher Nolan's The Odyssey has arrived. This film adapts Homer's ancient Greek epic. It follows Odysseus's journey home after the Trojan War. The movie features a star-studded cast including Matt Damon, Tom Holland, Zendaya, Robert Pattinson and more. It promises grand visuals and mythical encounters. The Odyssey is set for a global release on July 17, 2026. Read on!
Between 2024 and early 2026, Indias real estate landscape witnessed an astonishing influx of over $30 billion in equity capital, showcasing unprecedented investor enthusiasm. This surge, fueled by robust confidence and key structural enhancements, saw land, developmental opportunities, and commercial properties draw major funding.
The Department for Promotion of Industry and Internal Trade (DPIIT) has streamlined Foreign Direct Investment (FDI) proposal processing with an updated Standard Operating Procedure (SOP). Decisions will now be made within 12 weeks, excluding applicant response times. The process is entirely paperless, with applications forwarded to the Ministry of External Affairs for border country investments.
A Gen Z employee's straightforward reason for working from home on her second day her cook was late and she didn't want to eat out has sparked a conversation about evolving workplace norms. This directness, unlike the elaborate justifications of older generations, highlights a new comfort with honesty and personal routine, challenging traditional notions of professionalism.
TVK chief Vijay celebrated a significant victory in the Tamil Nadu Assembly election, securing 108 seats. He paid homage to the party's ideological leaders and convened a meeting with newly elected legislators. Discussions focused on electing the legislature party leader and strategies for government formation. Vijay is confident of securing a majority, with positive news anticipated soon.
RBI's repo rate cuts in FY26 were only partially passed on to borrowers, with lending rates declining but not matching the full policy reduction. While weighted average lending rates fell by 93 basis points, the transmission varied across bank types and loan segments, leading to estimated borrower savings of Rs 19,000 crore.
India's flexible workspace sector is poised for significant growth. Capacity is set to rise by 16-18% over the next two fiscal years, reaching 140-145 million sq ft. This expansion is driven by strong demand from various businesses seeking agility and cost savings. Flex operators are adding new spaces, including in tier II cities, with substantial investment planned.
Amid global uncertainties, India emerges as a beacon of resilience, ready to tackle potential economic upheavals. Its commitment to early reforms and ample safety nets fortify its economic landscape. With a clear approach to monetary policy and ample foreign currency reserves, India skillfully manages inflationary pressures and fluctuating exchange rates.
Hyderabad has become South India's top ultra-luxury housing market. Transactions for homes over Rs 10 crore reached Rs 8,562 crore in FY'26. This segment has grown significantly in four years. Bengaluru shows rapid growth in unit sales. Chennai remains a niche market. Hyderabad offers more space for investment compared to Bengaluru and Chennai.
Southern Indian cities Hyderabad, Bengaluru, and Chennai recorded significant sales of ultra-luxury homes. Hyderabad led with 625 units sold, followed by Bengaluru with 128 units, and Chennai with 58 units. These sales highlight strong demand for high-end properties in the region. Experts note distinct market dynamics in each city, with Hyderabad showing volume and Bengaluru demonstrating growth potential.
The Sthree-Sakthi SS-518 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.
Air conditioner prices will increase in the coming months. This is due to higher costs for materials like copper and aluminium. New energy efficiency rules also contribute to the price hike. Industry leaders expect these inflationary pressures to continue for 12 to 18 months. Consumers will need to adjust to these evolving price dynamics.
Amidst a significant political shift in Tamil Nadu with Vijay's party emerging as the largest, a nostalgic celebrity moment has captured attention. Trisha Krishnan's recent visit to Vijay's residence has reignited fan memories of their iconic on-screen chemistry and off-screen camaraderie, adding a touch of film-world nostalgia to the political buzz.
Major firms like Adani, Bharti Airtel, Genpact, and ZF Friedrichshafen are setting up treasury operations in India's GIFT City. This tax-neutral finance zone offers cheaper funding and lower taxes on remitting dividends. Seventeen corporate treasuries are expected to begin operations in the next three months. This move aims to rival financial hubs like Singapore and Dubai, attracting global capital management.
Tamil Nadu Governor Rajendra Vishwanath Arlekar has accepted Chief Minister M K Stalin's resignation and his council of ministers. This follows the DMK party's defeat in the Lok Sabha elections held on April 23. The Governor has asked Stalin to continue in his role until new arrangements are made. The election results saw Vijay-led TVK emerge as the largest party.
Canada's 2026 Census of Population and Agriculture has commenced data collection. For the first time, residents will be asked about their sexual orientation. This inclusion follows extensive consultations and aims to address data gaps. The information will help inform programs and policies for equal opportunities. Completion is mandatory, with penalties for non-compliance.
BJP improved its Kerala performance, finishing second in six constituencies including Thiruvalla, Palakkad and Attingal, and winning three seats overall. In several seats, its candidates significantly raised vote share compared to 2021, showing growing support. However, it failed to convert gains into wins in key contests. UDF led with 102 seats, while CPI(M)-led LDF secured 35 seats in the 140-member Assembly.
The World Health Organization said Tuesday that it was trying to trace people on a flight between the island of Saint Helena and Johannesburg taken by a cruise ship passenger who died of hantavirus. The Dutch woman, whose husband died of the virus on the ship now stuck off Cape Verde, disembarked in Saint Helena with gastrointestinal symptoms on April 24.
Cyber conflict escalates beyond borders following US-Israeli strikes on Iran. Hacktivists and state-backed actors launch global attacks. This crisis fuels a cybercrime economy, creating cover and opportunity. Critical infrastructure like energy and aviation face threats. Financially motivated cybercrime surges, targeting everyday users with sophisticated scams. The lines between war and crime blur, creating a chaotic and unpredictable threat landscape.
K. S. Chithra, a voice that has defined generations of Indian music, has recorded over 25,000 songs in numerous languages. Her effortless, emotive singing, rooted in classical tradition, has earned her multiple National and state awards, including the Padma Shri and Padma Bhushan. She is celebrated globally for her unparalleled linguistic and cultural breadth.
Actress Trisha Krishnan marked her 43rd birthday yesterday (May 4). She maintains a youthful look with a vegetarian diet and fitness. Recent videos of her visiting actor-politician Vijay's home fueled speculation. She balances her busy acting career with regular breaks and has multiple film projects lined up. Read on to know the secret behind her youthful look.
Vijay tribute to Periyar: A day after Tamilaga Vettri Kazhagam (TVK) won 108 seats in the 2026 Tamil Nadu Assembly elections, actor-politician Vijay paid homage to social reformers Periyar E.V. Ramasamy and Dr. B.R. Ambedkar. The move signals TVKs intent to align with Dravidian and social justice ideologies even as it prepares to form the next government.
Vietnamese President To Lam's visit to India this week is expected to focus on expanding defense ties, with a potential BrahMos missile purchase being a key discussion point. India views Vietnam as crucial for Indo-Pacific stability amid China's growing influence. While some defense cooperation announcements are anticipated, a weapons deal signing is not expected during the visit.
Reliance Industries will shut a crude unit and secondary units at its 660,000 barrels per day refinery for three to four weeks. This maintenance is scheduled for later this month. The shutdown will begin around mid-May. This timing follows Nayara Energy's planned resumption of operations at its refinery. The move aims to prevent any fuel shortages across India.
The West Asia conflict has exposed India's vulnerability to energy shocks, prompting calls to reduce crude oil imports and boost energy security. An RBI MPC member stressed the need for increased domestic exploration and a faster transition to alternative energy sources to sustain economic growth amidst rising import bills and inflation.
The US and Iran are locked in a dangerous standoff, fueled by mutual miscalculations and overconfidence. Ancient Greek concepts of error and pride offer a framework for understanding the irrational risk of renewed war, as both sides overestimate their strengths and underestimate their weaknesses.
Indias state elections: New election wins in Indian states bring populist promises that could strain finances. Economists warn of wider fiscal deficits as states commit to cash handouts and welfare benefits. This trend may impact spending on infrastructure and jobs. The fiscal deficit ceiling of 3% is now seen as a floor. This spending race is expected to continue ahead of future polls.
Ghaziabad high registry charges but no facilities: A viral video from Ghaziabad highlights the stark reality of luxury housing, questioning if 2-4 crore apartments offer a life worth the price. Residents face damaged roads, poor air quality, and critical fire safety gaps, with firefighting equipment unable to reach upper floors of tall buildings.
The Election Commission is recounting votes in West Bengal's Rajarhat New Town constituency after a candidate questioned the narrow lead. Trinamool Congress's Tapash Chatterjee was leading by 323 votes over BJP's Piyush Kanodia after the 17th round. The poll panel will announce results upon completion of the recount.
Iran's chief negotiator in talks with the United States warned on Tuesday that his country has ot even started in its standoff over the Strait of Hormuz. We know full well that the continuation of the status quo is intolerable for America; whilst we have not even started yet, Mohammad Bagher Ghalibaf said in a post on X. Ghalibaf, who is also the speaker in Iran's parliament, said the actions of the US and its allies had put shipping security at risk, but said their malign presence will diminis
JLR India has announced significant price reductions of up to Rs 75 lakh on its UK-imported Range Rover SV and Range Rover Sport SV models. These price cuts, effective immediately, anticipate the India-UK Free Trade Agreement (FTA). The company aims to make its aspirational SV portfolio more accessible to clients, bolstering its growth in the Indian market.
Actor-turned-politician Vijay has made a significant electoral debut, winning two constituencies. His political party has secured numerous seats, marking a strong entry into Tamil Nadu politics. Beyond his political success, Vijay maintains a youthful physique through a balanced fitness routine and a disciplined diet of simple, home-cooked meals, prioritizing stamina and lean muscle over bulk.
Australian author Craig Silvey, known for Jasper Jones, pleaded guilty to charges of possessing and distributing child exploitation material. Two additional charges were dropped during court proceedings. Silvey, who was initially charged in January after a police raid, will next appear in District Court in July. His bail was continued.

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