The Economic Times

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.

Tamil Nadu Assembly Elections: The Election Commission of India has released the final roadmap for the 2026 Tamil Nadu Legislative Assembly General Elections. A significant 85.10 per cent voter turnout was recorded. Women voters outnumbered men, a notable trend. Counting of votes will take place on May 4. Arrangements are finalized for efficient, transparent, and secure processing of over 48 million voters' mandates.

Petrol price today :Indian petrol prices change daily. This dynamic pricing depends on global crude oil costs, the rupee's value against the dollar, and market supply and demand. Taxes, dealer commissions, and refining expenses also affect the final price. Consumers in cities like Chennai, Hyderabad, Mumbai, Pune, and Kolkata pay varying rates per litre.

Pakistan's economy faces a grim future with inflation expected to stay high. Soaring oil prices and regional conflict are straining the nation's finances. Analysts predict economic growth will slow significantly. The country's stock market is already among the world's worst performers. Imports are a major concern, potentially widening the current account deficit and depleting foreign reserves.

The Himachal Pradesh School Education Board (HPBOSE) will release the Class 12 results for Science, Commerce, and Arts streams on May 4, 2026, at 11 AM. Students can check their scores and download mark sheets from the official website, hpbose.org, by entering their roll number.

A commission revealed the Tirumala Tirupati Devasthanams procured millions of kilograms of ghee without required quality checks. This systemic failure allowed suppliers to provide adulterated ghee. Officials allegedly ignored safety tests and suppressed lab reports confirming vegetable fats. The commission held TTD officials and board members responsible for these governance failures and procedural lapses.

Fifty-eight people, including 27 children, were hospitalized in Odisha's Jajpur district after falling ill from consuming 'Cuttack Dahibara' from a local vendor. Preliminary reports indicate food poisoning, prompting the collection of food and water samples for testing. The state government has formed three teams to investigate the incident and ensure patients receive adequate medical care.

Assembly Election Results 2026 date and time: West Bengal, Tamil Nadu, Kerala, Assam, and Puducherry await their Assembly election results on May 4th. Vote counting begins at 8 AM, with initial trends expected within two hours. High voter turnouts were recorded across states, setting the stage for crucial contests, including the direct face-off in West Bengal and the UDF vs. LDF battle in Kerala.

Seven OPEC+ nations are meeting to set oil production quotas -- the first decision since the UAE left the cartel. The war in the Middle East has already pushed oil prices higher. Markets expect a small increase in production, but actual output is already below limits due to blockades.

Actor Archana Puran Singh explored buying a new home in Madh Island. The journey highlighted her past investments and current financial outlook. She reflected on her early days in Madh Island, recalling a time of limited resources but bold decisions. Her existing properties in Madh Island are valued at Rs 70 crore. She also maintains a farmhouse in Dehradun.

Actress Vijayta Pandit reflects on her intense romance with co-star Kumar Gaurav during the filming of 'Love Story'. Their relationship faced strong disapproval from his father, Rajendra Kumar, who prioritized his son's career. Despite an engagement to Reema Kapoor, Kumar Gaurav maintained contact with Pandit, but the relationship ultimately ended, impacting her career due to alleged industry influence.

Japan has ended its long-standing ban on exporting lethal weapons. This move aims to position the nation in the global defense market. While challenges exist, including capacity and workforce shortages, Japan's focus on high-tech sectors could be advantageous. At a time when the international defence market is offering more opportunities, Japan's strategic shift has drawn attention.

NEET UG 2026 Exam Timing : NEET UG 2026 is scheduled for today, May 3, with exams running from 2 PM to 5:20 PM. Candidates must bring their admit cards and valid ID for entry. Strict guidelines are in place regarding dress code, allowed items, and prohibited materials to ensure exam integrity.

Entrepreneur Ankur Warikoo shared his experience of leaving a high-paying consulting job at 29, despite external success. He realized his motivation stemmed from validation, not purpose, leading him to a 60% income cut to pursue his own ventures. This pivot redefined his view of money and success, highlighting the importance of internal fulfillment over external markers.

A devastating fire erupted early Sunday in a four-storey building in Delhi's Vivek Vihar area. Officials confirmed 3 to 4 fatalities, with search operations continuing for potential additional victims. Residents reported an AC blast triggering the blaze. Several individuals were rescued, but some families are feared trapped. Fire tenders responded swiftly to control the inferno.

Tech giants like Google and Amazon are investing billions in AI rivals like Anthropic, creating a 'Circular Capitalism' loop. Companies fund each other to buy cloud services and AI chips, inflating valuations. While demand for AI is real, these opaque deals raise concerns about genuine value versus financial engineering, echoing past bubbles.

Young, educated women are increasingly taking central roles in criminal networks across India's National Capital Region and beyond. These women, often digitally connected and using legitimate businesses as fronts, are driven by factors like easy money, revenge, and a quest for power, marking a significant shift from historical female figures in crime.

India Meteorological Department forecasts above-normal May rainfall nationwide, except for parts of east and northeast India. Delhi experienced relief from heat with Saturday night thunderstorms and a yellow alert for the next two days. Kerala and Jammu and Kashmir are also bracing for heavy rainfall and thunderstorms.

Today's quote by Albert Einstein: Albert Einstein quotes remains globally high as readers revisit his famous universe and human stupidity observation. Quote of the Day by Albert Einstein is one of the most searched wisdom lines online. In todays world, where information is instantly available, one would expect better decisions and clearer thinking. Instead, confusion often grows alongside knowledge. Confidence expands, but understanding does not always follow. This creates a dangerous gap betwee

Veteran actor Mukesh Khanna, at 67, remains unmarried, attributing his decision to a belief in destiny and a different definition of masculinity. He emphasizes character and self-control over romantic conquests, holding women in high regard and advocating for mutual loyalty in marriage.

Despite a strong global opening, Patriot starring Mohanlal and Mammootty experienced a noticeable dip in domestic collections on its second day. While the film crossed 50 crore worldwide, its India net collections stand at 16.15 crore, with Kerala leading regional performance. Strong overseas traction has significantly boosted its overall box office figures.

Ruturaj Gaikwad and Kartik Sharma's unbeaten half-centuries powered Chennai Super Kings to an 8-wicket victory over Mumbai Indians. This win marked CSK's 20th against MI, propelling them to sixth in the IPL 2026 table, while MI's playoff hopes dwindle.

The National Testing Agency will conduct the NEET-UG 2026 examination in Riyadh, Saudi Arabia. The pen-and-paper test is scheduled for Sunday, May 3. Candidates must report to the International Indian School Riyadh by 11 am. Entry will be denied to latecomers. All attendees need their admit cards, photographs, and valid ID. Adherence to the NTA's dress code is mandatory.

India's Thomas Cup title defence ended in the semifinals with a bronze after a 0-3 loss to France. Lakshya Sen's absence was as a significant factor. HS Prannoy, Ayush Shetty and Kidambi Srikanth all lost their matches. France advanced to the final, becoming the second European nation to do so.

The Iranian mission to the UN has taken a strong stance against American nuclear strategies, asserting Tehran's right to continue its uranium enrichment. In a surprise move, Iran has put forth a new framework aimed at resolving the ongoing West Asia tensions.

America could be set to pull back its troops in Germany more than the previously announced 5,000.. German Defence Minister Boris Pistorius has underscored the importance of Europe stepping up to defend itself in light of this change.

Kentucky Derby 2026 video: Golden Tempo stormed from the very back of the pack to triumph in the 152nd Kentucky Derby at Churchill Downs on Saturday.

President Trump has received intelligence regarding a potential diplomatic breakthrough with Iran. The package suggests reopening shipping routes in the crucial Strait of Hormuz and lifting the current US blockade. Yet, without having assessed the specifics, Trump has issued a stern warning: any missteps by Iran could lead to military repercussions.

Donald Trump's decision comes as he seethes at European allies over their unwillingness to join his campaign with Israel against Iran. He has lashed out at leaders like Merz, Spanish Prime Minister Pedro Snchez and British Prime Minister Keir Starmer.

Jayson Tatum averaged 23.3 points, 10.2 rebounds and 6.8 assists through the first six games of the series, while shooting 52.2 per cent from the field and 36.5 from the 3-point line.

As environmental consciousness rises, Indian consumers are increasingly opting for electric vehicles. Favorable state policies are making EV ownership more accessible, leading to a transformation in purchasing patterns. States like Maharashtra, Uttar Pradesh, and Karnataka are witnessing remarkable spikes in EV sales. The trajectory of the Indian EV sector points towards sustained growth in the years ahead.

Top Indian business schools report improved placement packages for the 2026 batch. Consulting and finance sectors are driving this growth. While technology hiring has scaled down, overall recruiter numbers have increased. This indicates a selective recovery in the placement season. XLRI, SPJIMR, MDI, TISS, and IMT Ghaziabad have all witnessed an upward trend in average and median salaries.

India's top companies saw profits soar post-Covid. However, investments lagged. Chief economic adviser V Anantha Nageswaran called for corporate introspection. He highlighted that companies accumulated cash instead of investing in real assets. This forced the public sector to drive growth. Nageswaran stressed the need for private sector investment to seize domestic opportunities and address trade deficits.

Kentucky derby 2026 pay out: Golden Tempo gets whopping $3.1 million purse, Renegade receives a $1 million purse, Ocelli gets $500,000. Fourth place secures $250,000, and fifth place was awarded $150,000.

Immanuel Kant was a major German philosopher known for his work on reason, morality, and human understanding. The quote of the day from him reflects a practical view of life, suggesting that fulfillment comes from purpose, relationships, and hope for the future rather than abstract ideals. Across his philosophical works, Kant emphasised human reason, moral responsibility, and the idea that individuals shape their understanding of reality through the mind.

This Jewish proverb teaches that if you do not change your actions, life will not improve and may become worse. It explains the importance of taking action instead of waiting or hoping. The message shows that real change needs effort, courage, and new steps. It reminds people that doing nothing keeps problems growing and only action can create a better life.

Rumors swirled that Taylor Swift and Travis Kelce held a stake in Kentucky Derby contender 'The Puma,' reportedly influencing betting lines. However, the horse was scratched hours before the race due to a minor health concern. Kelce has a prior connection to horse racing with a horse named 'Swift Delivery'.

Chinese Proverb of the Day: A Chinese proverb, To hit a dog with a meat-bun, so it leaves never turning around, warns against irreversible loss. It highlights how carelessly investing resources like money, time, or trust can lead to permanent consequences. The saying emphasizes the importance of mindful action, foresight, and recognizing the value of what we give away.

Leo Tolstoys quote, Let us forgive each other, only then will we live in peace, carry a simple yet powerful message about human relationships and emotional balance. It reminds us that disagreements and misunderstandings are a natural part of life, but lasting peace depends on how we respond to them. Quote of the day by Leo Tolstoy encourages letting go of anger, pride, and resentment in order to build healthier connections with others.

The Indian subsidiary of the UK-based GSK PLC had urged the court to cancel the mark used by the local company in pharmaceutical and medicinal preparations. It argued that despite getting the mark more than two decades ago, Shreya Life Sciences had never used it and hence, under Section 47 of the Trade Marks Act, the registration was liable to be removed from the register of trade marks on account of non-use.

Key areas of discussion included strengthening oversight and monitoring mechanisms within banks to enhance recoveries through DRTs, prioritising high-value cases for optimal recovery outcomes; leveraging Lok Adalats as an effective alternate dispute resolution, it said, adding mechanisms for expeditious disposal, procedural reforms to accelerate case disposal and comprehensive capacity-building initiatives were discussed.

Foreign investment in this sector shall be subject to compliance with the provisions of the Insurance Act, 1938(4 of 1938), and the condition that companies receiving FDI shall obtain necessary licence or approval from the Insurance Regulatory and Development Authority of India to undertake insurance and related activities, the notification stated.

The company entered corporate insolvency resolution process (CIRP) in July 2023 on a plea by Beacon Trusteeship Ltd. It has two secured creditors-Beacon Trusteeship with Rs 902 crore and 60.54% committee of creditors share, and Assets Care and Reconstruction Enterprise Ltd with Rs 589 crore and a 39.46% share.

Quote of the Day: Filmmaker Michael Moore's quote, Capitalism means that a few people will do very well, and the rest will serve the few, starkly reflects his lifelong critique of economic inequality. His documentaries, from Roger & Me to Capitalism: A Love Story, consistently illustrate how corporate power and economic policies disproportionately benefit a select few while impacting the majority.

Actor Cillian Murphy advises trusting your gut feeling. He believes instinct guides us better than pure logic. This inner compass can lead to growth and fulfillment. Murphy's own career shows the power of following intuition. His wisdom offers inspiration for navigating life's choices. He urges people to listen to their inner voice.

An employee with around 1.5 years of experience has shared his resignation story on Reddit, alleging increasing micromanagement from his manager despite consistent performance and timely work delivery. He claimed that the workplace became more stressful over time, with close monitoring of routine activities and unclear support from seniors. After securing another job offer, he resigned, but said the situation escalated during his notice period, with the manager allegedly hinting at a negative ex