The Economic Times
Elections 2026Economy / The Economic Times
The CBI has identified P.V. Kulkarni as the alleged kingpin behind the NEET-UG 2026 exam paper leak. Kulkarni, a chemistry lecturer, is accused of leaking questions to students through special coaching sessions. The agency has arrested seven individuals in connection with the leak. Investigations are ongoing to uncover the full extent of the conspiracy.
April marked a downturn in Indias trade relationship with West Asia, as both exports and imports experienced a staggering reduction of more than 28%. The unrest linked to the US-Iran situation has severely disrupted shipping operations, affecting vital trade channels. This decline particularly threatens major Indian sectors, including jewels and engineering products, as well as oil.
Indian meditation is gaining popularity worldwide. Major cities like London, New York, and Toronto are seeing more meditation programs. People are seeking ways to manage stress and anxiety from modern urban life. These practices, rooted in Indian traditions, offer balance and emotional well-being. Scientific research supports their benefits, making them a key part of global wellness conversations.
India saw a significant jump in gold imports in April, reaching USD 5.62 billion. This surge was driven by high prices. However, the government has sharply increased customs duty on gold and silver. This move is expected to lead to lower import volumes in the coming months. Silver imports also saw a substantial rise.
Cash on delivery continues to drive India's online shopping. Many first-time buyers, especially in smaller towns, prefer to pay after receiving goods. This method builds trust where digital payment familiarity is growing. Businesses are using data to manage COD risks. As digital literacy and logistics improve, prepaid orders will increase, but COD remains a key entry point for many.
Amazon Layoffs Hit Selling Partner Services: The latest Amazon layoffs are tied directly to the companys broader restructuring efforts. According to company statements, the layoffs will affect a small number of employees within the Selling Partner Services division. Amazon said it routinely reviews organizational structures to ensure teams remain aligned with long-term business goals and operational priorities.
A techie's interview for an AI/ML drone startup ended abruptly when the HR representative left the call after being asked about the company's revenue model. The candidate was initially offered a two-month unpaid internship, sparking debate about startup transparency and the fairness of such questions.
The new Kerala government cabinet is set for a swearing-in ceremony on Monday. Minister lists are expected to be finalised soon. UDF allies held a formal meeting in Thiruvananthapuram. Preparations for the Monday ceremony are underway. The full cabinet aims to take the oath on the same day. Details of the cabinet will be disclosed on Saturday.
A Hindu party has filed a caveat in the Supreme Court. This follows a Madhya Pradesh High Court ruling. The court declared the Bhojshala complex a temple for Goddess Saraswati. It also cancelled an ASI order from 2003. This order had permitted Muslims to offer prayers on Fridays. The Muslim community can seek land for a mosque.
Indian gems and jewellery exports saw a dip in April 2026. Geopolitical tensions and cautious buyer sentiment impacted trade. While cut and polished diamonds and plain gold jewellery faced pressure, silver, platinum, and studded gold jewellery showed strong growth. This performance reflects global economic headwinds and evolving consumer preferences.
African proverb of the day highlights the message that self-love is the highest form of love and the base of relationships, inner peace, and self respect. The proverb explains why valuing yourself shapes how others treat you. It also shows how personal well-being supports emotional balance and growth. This explainer shares the meaning, relevance, and lessons from inspiring African proverbs you should know today.
Quote of the Day by Bruce Lee highlights the powerful message behind his famous words: I'm not in this world to live up to your expectations and you're not in this world to live up to mine. The famous quote encourages individuality, emotional freedom, and authentic living instead of constantly seeking approval from others. Bruce Lee reminds people that every individual has their own journey, goals, and identity, and healthy relationships should be built on understanding rather than control.
Former R&AW Secretary Samant Goel has opposed reducing Prime Minister Narendra Modi's convoy and security, citing evolving threats like drones and sniper attacks. He emphasized that the Prime Minister's safety is a national interest and should be strengthened, not scaled down, especially given the volatile global security environment and ongoing threats from neighboring states.
The Comcast $117.5 million settlement has triggered a nationwide rush as millions of Americans now check eligibility for a possible $10,000 payout after the massive Comcast data breach. The cyberattack, linked to exposed customer records in October 2023, reportedly leaked usernames, passwords, Social Security details, birth dates, and private account recovery information. Now, consumers face a deeper reality about digital security and identity theft risks in Americas connected economy. Eligible
Chief Justice of India Surya Kant made strong remarks about unemployed youth. He compared them to cockroaches who later become activists. The Chief Justice also criticized a lawyer pursuing senior advocate status. He questioned the lawyer's conduct and suitability for the designation. The Supreme Court bench expressed concerns about the integrity of legal degrees. The lawyer eventually withdrew his petition.
Snakes and lizards often become more visible around homes during warmer months, especially near gardens and damp corners. These six outdoor plants, including lemongrass, marigold and tulsi, are commonly believed to naturally discourage reptiles while also making Indian home gardens greener, fresher and easier to maintain.
Iran expresses distrust in the United States, stating negotiations will only occur if Washington is serious. Talks to end the ongoing conflict are currently stalled. Iran allows passage through the Strait of Hormuz for vessels not at war with Tehran, provided they coordinate with its navy. The situation remains complex.
Friedrich Nietzsche believed that enduring conversation is the cornerstone of lasting marriage, surpassing fading passion and shifting circumstances. True love involves a partner who keeps your mind engaged and heart at ease, with healthy relationships built on mutual understanding, respect, and continuous curiosity rather than perfection.
A folk singer in Gujarat continued his performance amidst a massive cash shower from devotees. Gopal Sadhu was nearly buried under currency notes during a traditional Dayro event. The viral video shows his calm demeanor. Such cash showers are a tradition in Gujarat, often for community welfare. Similar incidents have gone viral before.
President Donald Trump concluded a visit to Beijing with trade deals. China will buy billions in US soybeans and 200 Boeing aircraft. Discussions also touched upon Taiwan and US sanctions on Chinese refiners. Trump will decide on easing these sanctions soon. The visit aimed to boost US manufacturing and jobs.
Former CIA analyst Larry Johnson revealed President Donald Trump inquired about using nuclear weapons. Chairman of the Joint Chiefs of Staff Dan Caine reportedly denied the request. Johnson stated Caine's firm refusal prevented nuclear action. Trump later publicly affirmed no nuclear weapons would be used. This discussion occurred amidst discussions on Iran's nuclear proposal.
Pete Davidson and Elsie Hewitt have ended their relationship only months after welcoming daughter Scottie Rose in December 2025, reports claim. Although neither Davidson nor Hewitt has publicly confirmed the breakup, sources claim the pair is now concentrating on co-parenting their daughter and maintaining stability for their child moving forward.
India's unemployment rate climbed to 5.2% in April, a six-month peak. Rural joblessness saw an increase, while urban unemployment eased to a year-low. Urban female unemployment declined significantly. Youth unemployment edged up, with a sharp rise for young women. Labour force participation and the worker population ratio also saw a slight decrease.
IAF Chief Air Chief Marshal A P Singh stated that drones are now claws in the sky, extending air power and emphasizing the need for complete domain awareness and coordination among services. He highlighted the evolving nature of aerial threats and the necessity for rapid innovation and adaptation in counter-UAS technology, stressing the importance of manned-unmanned teaming for future warfare.
India's foreign exchange reserves saw a significant increase. Reserves rose by over six billion US dollars in the week ending May 8. This surge brought the total reserves to nearly 700 billion US dollars. The rise was driven by increases in foreign currency assets and gold reserves. This marks a positive development for the country's financial standing.
The Supreme Court of India is adopting new measures to conserve fuel. All miscellaneous hearings will now be conducted via video-conferencing. Judges will car-pool to reduce travel. Registry staff can work from home up to two days a week on rotation. These changes aim to support the government's fuel conservation directive.
The Pentagon has canceled plans to temporarily deploy 4,000 U.S.-based troops to Poland, a decision that raises questions about President Trump's expected troop cuts in Europe. This move follows a recent announcement to withdraw 5,000 troops from Germany, with officials suggesting it's a logistical adjustment. Polish leadership received assurances that security would not be impacted.
The Indian Air Force has achieved self-reliance by overhauling the Indian Navy's MiG-29K ejection seat in Nashik. This task was previously done in Russia. This marks a significant step in defence manufacturing. Meanwhile, Defence Minister Rajnath Singh laid foundation stones for strategic aerospace and defence projects in Andhra Pradesh.
India is boosting its manufacturing of powerful rare earth permanent magnets. The government has extended deadlines for a major scheme to encourage domestic production. This initiative aims to build a complete value chain for these magnets. It will reduce import dependence and position India as a key global player.
Fuel prices are rising again in India, but small driving habits can help reduce petrol expenses. From removing extra weight from your car to checking tyre pressure and using AC wisely, these six simple fuel-saving tips can help Indian drivers improve mileage and lower their monthly fuel bills.
Govind Jaiswal's journey from poverty in Varanasi to becoming an IAS officer is inspiring. Facing discrimination and hardship, he was determined to change his circumstances. His father's sacrifice enabled his preparation in Delhi. Jaiswal cracked the UPSC exam at 22 on his first try, proving language is not a barrier. He used his first salary for his father's medical treatment.
Ishan Kishan s 1 cr reward: Bihar Chief Minister Samrat Choudhary honoured cricketer Ishan Kishan with a Rs 1 crore cheque for his contribution to Indias 2026 ICC T20 World Cup victory. The same day, Kishan was back in IPL action for Sunrisers Hyderabad, but Gujarat Titans fiery pace attack bundled SRH out for just 86 in Ahmedabad.
Monika Alcobev has announced a substantial profit increase of 22 percent for the March quarter of FY25-26. The company's revenue also saw a significant rise. For the full financial year, profit grew by 39 percent. This growth was fueled by popular categories like premium tequila, Irish whiskey, and imported wines.
Consumers in India are bracing for more fuel price increases. A recent modest hike in diesel and gasoline prices aims to ease the burden on households. However, refiners indicate significant losses due to high global oil prices. The government is encouraging fuel conservation measures. Further price adjustments are anticipated if crude oil prices remain elevated.
US President Donald Trump has not yet decided on a significant arms sale to Taiwan. This comes after his recent three-day visit to China. Beijing strongly opposes the deal, viewing Taiwan's relationship with Washington as crucial. Trump stated he heard Chinese President Xi Jinping's opposition to Taiwan's independence but made no comment on the matter.
BRICS diplomats met in Delhi but could not agree on a joint statement. Disagreements arose over the Middle East conflict, with Iran accusing the UAE of involvement. India, as host, released a chair's statement highlighting these differing perspectives. The grouping also called for the developing world to unite against global challenges.
The Central Information Commission has ordered the Lok Sabha Secretariat to reconsider its refusal to share bills for electronic items bought for over Rs 1.7 crore. The Secretariat must now either provide the bills or explain why they cannot be disclosed. This follows an RTI request for spending details on computer hardware and peripherals.
Chandigarh-based founder and CEO Pratham Jindal recently shared on LinkedIn that he spends nearly 8 lakh every month on employees who do not directly generate revenue for his startup, Praper. Explaining the reasoning behind it, he said support roles like HR, admin, IT and operations help founders save time and focus on business growth instead of getting stuck in daily tasks.
A student's claim of abuse after poor CBSE Class 12 results, including their father smashing their laptop and forcing them to sleep on the floor, has sparked widespread debate. The incident highlights concerns about toxic parenting and academic pressure in India, with users criticizing fear-based approaches and advocating for support over punishment.
He accused the US of seeking to dominate global energy markets and sideline Russian firms. Amid West Asia tensions, Lavrov highlighted the privileged Moscow-Delhi partnership during the BRICS meeting.
Bumble removes swipe feature: After years of endless left-right swiping, Bumble says it is finally ready to move on from the feature that defined dating apps for an entire generation. The company has confirmed that swiping will disappear in select markets later this year as part of a major app reset focused on authenticity, AI-assisted matchmaking, and reducing dating fatigue.

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