The Economic Times
Elections 2026Economy / The Economic Times
A job seeker faced rejection due to internet problems during an online interview. The hiring manager later encountered a similar issue with a client, leading to a harsh response. This experience prompted the manager to reconsider his decision. He then offered the candidate a new interview. The incident serves as a reminder about the value of understanding in professional interactions.
McKinsey & Company has renewed its Mumbai office lease in Bandra Kurla Complex. The deal involves high rental rates, reflecting sustained demand for prime commercial space. This long-term commitment underscores the value global firms place on premium locations. The lease is effective from October 1, 2026, for ten years. This transaction is among India's costliest office leases.
Telangana government seeks Union government approval for the 38,595 crore Hyderabad Metro Rail Phase-II project. Chief Minister Revanth Reddy met Union Minister Manohar Lal Khattar to expedite approvals. The state aims for a joint venture for the 122.9 km expansion. Hyderabad's rapid growth necessitates this urban transport network enhancement.
The Annual Survey of Unincorporated Sector Enterprises (ASUSE) captures key economic and operational characteristics of establishments engaged in manufacturing, trade, and services (excluding construction), and provides essential data for policymaking.
Pop culture often sets unrealistic relationship expectations. Entrepreneur Ankur Warikoo highlights three signs of true friendship: comfort despite infrequent contact, flexible effort that ebbs and flows, and the power of simple shared moments. He emphasizes that authentic connections value acceptance and patience over cinematic perfection, encouraging a focus on genuine bonds.
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.
Discover Malai Baraf, a traditional Himachali ice cream prepared without freezers or modern machines. This unique dessert is made by slow-cooking rich buffalo milk over a wood fire for hours, resulting in a dense, creamy, and naturally flavored delicacy. Served on leaf plates, it maintains its form without refrigeration, offering a rich, velvety, and danedar texture.
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.
Experts suggest India adopt a dual-track trade strategy. This involves defending World Trade Organisation rules while selectively joining plurilateral talks. Such initiatives shape global trade. India has concerns about plurilateral agreements weakening the multilateral system. However, recalibrating its approach could serve India's economic and strategic interests. Pragmatic, coalition-based approaches are needed to revitalize multilateralism.
A manager demanded a report be finished immediately. An employee explained their father was hospitalized and needed them. The manager pushed for work to come first. The employee firmly stated their father's need for their presence. The manager eventually understood the gravity of the family situation. The employee chose to be with their father, leaving the report unfinished.
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.
As the beer industry experiences a surge in demand, producers are encountering significant challenges, primarily due to rising production costs and limited glass bottle availability. In light of these hurdles, industry players are lobbying state governments for a substantial 15-20% increase in beer prices while urging for faster resolution of financial dues.
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.
EisnerAmper India proudly announces the appointment of Radhika Harivanam as its new managing director. With an impressive 20-year track record in the industry, Harivanam is set to enhance client services across all of EisnerAmper's branches in India. Her vision focuses on nurturing client partnerships and optimizing service delivery.
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.
TVS Motor has launched an upgraded iQube S electric scooter boasting a larger 4.7 kWh battery, extending its range to an impressive 175 km. This new variant, priced at Rs 1,37,142, offers enhanced performance with a peak power of 5.9 hp and features like smartphone connectivity and advanced safety alerts. New color options are also available.
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.
Janhvi Kapoor and Varun Dhawan are set for a friendly box office clash in June. Janhvi playfully teased their upcoming film face-off on Instagram, with Varun responding warmly, highlighting their strong camaraderie. Their films, 'Peddi' and 'Hai Jawani Toh Ishq Hona Hai', are releasing on consecutive days, showcasing their mutual support despite the competition.
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.
The Supreme Court will hear pleas on May 20 concerning legislative power to tax mineral rights, as the Centre's curative petition is pending. Previously, a nine-judge bench ruled states hold this power, dismissing review pleas. The Centre's curative petition seeks reconsideration of this verdict.
This weeks Netflix lineup has something for everyone, from survival drama and true crime to comedy and sports. You can watch the intense Lord of the Flies, the gripping Worst Ex Ever Season 2, crime series Legends, Malayalam thriller Bharathanatyam 2, fight docu Countdown, and the fun-filled Roast of Kevin Hart. Read on to know more about the release date.
State-owned NMDC has raised iron ore lump and fines prices by Rs 200 per tonne, effective immediately. Baila lump ore is now priced at Rs 5,500 per tonne and fines at Rs 4,700 per tonne. This price hike, exclusive of various taxes and fees, will impact steel manufacturing costs.
A young woman's social media post captured a significant family milestone. Her elder brother's journey to the United States for higher studies, supported by their middle-class parents' sacrifices, has now led to a proud reunion. The brother invited his parents to visit him in the US, a moment that symbolizes years of hard work and shared dreams.
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.
Reliance Industries plans refinery maintenance. Some units at its 660,000 barrels per day refinery will close for three to four weeks. This shutdown follows Nayara Energy's operational resumption later this month. A senior petroleum ministry official confirmed the maintenance schedule. Reliance will undertake routine upkeep of a crude unit and other secondary units.
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.
A supervisor pressured an employee to finish a high-priority report, but the employee prioritized their hospitalized father's need for their presence. Despite the manager's insistence on work obligations, the employee firmly chose family, highlighting the irreplaceable nature of personal moments over professional demands.

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