SENSEX
NIFTY
GOLD
USD/INR

Weather

image 32    C

Global Business News

The Economic Times

Global Business / The Economic Times

AirAsia orders 150 Airbus A220 jets for $19 billion in largest single order ever placed for aircraft

AirAsia is set to acquire 150 Airbus A220-300 aircraft. This significant deal, valued at approximately 19 billion dollars, marks a major step in fleet modernization. The new jets offer enhanced fuel efficiency and lower carbon emissions. This strategic move aims to combat rising fuel prices and operational costs.

7 May 2026 1:56 pm
Flights carrying women and children linked to IS group land in Australia

Thirteen Australians, including women and children, have returned home after years in a Syrian desert camp. They allegedly have ties to the Islamic State group. Police are investigating potential criminal charges for the women. The group arrived on separate Qatar Airways flights in Melbourne and Sydney.

7 May 2026 1:56 pm
Tamil Nadu: Not inviting Vijay to form govt would disrespect TN's mandate, says Kamal Haasan

Tamil Nadu Election news: Makkal Needhi Maiyam chief Kamal Haasan asserts that Tamilaga Vettri Kazhagam leader Vijay must be invited to form the government. He emphasizes that the people's verdict has created an unprecedented situation. Haasan highlights that denying Vijay this opportunity disrespects the mandate. Governor Rajendra Vishwanath Arlekar met with Vijay as efforts to form the government continue.

7 May 2026 1:54 pm
NCRB data shows drop in Delhi crime, but offences against children remain high

Delhi saw a 15.1% drop in overall registered crimes in 2024, with total cases falling to around 2.8 lakh. However, concerning trends persist in violent offenses and crimes against children, where Delhi reported the highest numbers among major metros, particularly in child abduction cases.

7 May 2026 1:49 pm
AirAsia Co-Founder Tony about to give the world a new airline

Tony Fernandes, co-founder of AirAsia X, is set to launch a new airline. This aggressive expansion comes despite rising oil prices. The new carrier is expected to be announced soon. Fernandes sees opportunities within the current market challenges. AirAsia is reallocating aircraft for this new venture. This move follows a significant aircraft order for smaller planes to boost Asian connectivity.

7 May 2026 1:42 pm
AIADMK leader denies reports of Palaniswami's proposed meeting with Tamil Nadu Governor

Senior AIADMK leader S Semmalai has denied reports of party general secretary Edappadi K Palaniswami meeting the Tamil Nadu Governor. These reports suggested a discussion about forming a government with TVK support. Semmalai stated there is no such need and AIADMK has not received any invitation from TVK. He emphasized that Palaniswami will make any decision regarding support.

7 May 2026 1:39 pm
China is digging a 134 km canal through mountains so cargo ships can bypass longer sea routes, and the project reveals how Beijing is reshaping trade geography

China is building a 134-kilometre-long Pinglu Canal in Guangxi province that will directly connect inland waterways to the Beibu Gulf. The massive project aims to cut shipping distance by 561 km, save billions in logistics costs, and strengthen Chinas position in global trade.

7 May 2026 1:37 pm
France preps aid for airlines hit by jet fuel price hikes

France is preparing financial aid for airlines struggling with soaring jet fuel prices, Transport Minister Philippe Tabarot announced. The government and airlines discussed measures like deferred social security contributions and extended tax deadlines. This support comes as European airlines warn of potential jet fuel shortages this summer due to the Iran war.

7 May 2026 1:35 pm
We received request; will decide soon whether to support TVK: VCK's Thirumavalavan

VCK leader Thol Thirumavalavan confirmed his party received a request for support from the Vijay-led TVK. TVK emerged as the single largest party but needs more seats to form the government. VCK's high-level committee will soon decide on supporting TVK. Thirumavalavan urged the governor to invite Vijay to form the government, emphasizing it is a constitutional right and people's verdict.

7 May 2026 1:33 pm
From Rs 1-cr London job to cleaning apartments: Indian woman says how losing her job title helped her rediscover herself

A former high-earning executive in London, Shweta Desai, found her identity shaken after relocating to Australia and taking a job cleaning Airbnb apartments. This unexpected career shift led her to re-evaluate her self-worth, the meaning of money, and ultimately, to build a new path through coaching and community building.

7 May 2026 1:31 pm
How to use chia seeds for weight loss: 10 ways to fuel your fitness journey

Chia seeds are a popular and natural addition to many weight loss plans because of their high fibre and protein content, which can help keep you feeling fuller for longer and support healthy digestion. While chia seeds may help reduce cravings and encourage better eating habits, they are not a miracle solution for weight loss. Long-term and sustainable weight loss still depends on maintaining a balanced diet, staying physically active and creating a healthy calorie deficit over time.

7 May 2026 1:30 pm
She left Maharashtra, crossed the deep Arabian waters, and nearly reached Oman after 3,500 km trip, then does the unexpected

An Olive Ridley turtle, Dhaval Lakshmi, has astonished experts by traversing 3,500 kms across the Arabian Sea, even nearing Oman's coast before returning to Indian waters. This remarkable journey, undertaken after successful rehabilitation from injuries, sets her apart from other tagged turtles who stayed closer to shore. Her resilience showcases a triumph in wildlife rescue efforts.

7 May 2026 1:29 pm
Upwind: A US cybersecurity co shares what's in demand now as wars move to the cloud

Upwind, a US cloud security firm, is expanding into India and Asia-Pacific. Demand is rising from defense and government sectors due to cyber warfare. The company sees India as a key growth market. Upwind plans to invest in local infrastructure and partnerships. A new development center in Pune will support global engineering efforts.

7 May 2026 1:27 pm
Kerala school textbooks may be delayed due to paper shortage, says KBPS union

With the reopening of Kerala's government schools just around the corner, concerns are rising about an impending textbook shortage that could affect students just weeks away from starting their academic year. A union spokesperson points out that a significant paper shortage is causing delays in printing essential front covers and the final batch of books.

7 May 2026 12:51 pm
Chandranath Rath killing a revenge for Mamata Banerjee's loss: Mother of Suvendu Adhikari's slain PA

The mother of Chandranath Rath, an executive assistant to Suvendu Adhikari, demanded life imprisonment for her son's killers. She claimed the murder, which occurred shortly after the Assembly poll results, was a direct consequence of Mamata Banerjee's defeat in Bhabanipur, alleging it was revenge for the election outcome.

7 May 2026 12:39 pm
'Retiring at 35': Burned-out corporate employee reveals the two questions that made him quit. Watch

A 35-year-old professional, Biswajit Mohanty, has decided to leave corporate life after an 11-year career, igniting an online debate about burnout and the definition of success. Documenting his last day in corporate, he questioned the impact of his work and realized financial success alone doesn't bring happiness or well-being.

7 May 2026 12:38 pm
Kerala Polls: Cracks in LDF foundation since 2024 Lok Sabha polls; requires complete rebuild, says CPI(M) leader

A senior CPI(M) leader has called for a complete overhaul of the LDF and party structures. He believes major cracks have appeared since the 2024 Lok Sabha elections, contributing to the recent Assembly poll defeat. The leader also admitted a failure to adequately oppose alleged communal remarks made during the election period.

7 May 2026 12:31 pm
Indian consumers tighten wallets, stay selective on big-ticket buys as economic uncertainty lingers: Deloitte

Indian shoppers are now more careful with their money. They are focusing on essential items and improving their experiences. Big purchases are being postponed. Consumers are seeking value and quality. Interest in electric vehicles is growing. This shows a smart approach to spending and a look towards future technology.

7 May 2026 12:27 pm
Vijay's TVK struggling to form Tamil Nadu government. Arch rivals DMK and AIADMK coming together?

Vijay's TVK emerged as the largest party in Tamil Nadu but fell short of a majority. While Congress offered support, it wasn't enough. Speculation of an unprecedented DMK-AIADMK alliance to form a government arose after Vijay's swearing-in was delayed. However, DMK reportedly rejected an AIADMK proposal, preferring to remain in opposition.

7 May 2026 12:25 pm
Bangladesh turns to China on Teesta project, casting shadow on India ties

Bangladesh's new government is seeking Chinese involvement in the Teesta River restoration project. This move follows discussions between Bangladesh's Foreign Minister and his Chinese counterpart in Beijing. The project's location near India's sensitive Siliguri Corridor raises concerns. India had previously offered technical assistance for the Teesta basin. Water sharing remains a key issue in India-Bangladesh relations.

7 May 2026 12:14 pm
Trisha Krishnan called off her wedding to Varun Manian in 2015. Here's why Thalapathy Vijay's co-star broke up with the Chennai businessman

Trisha Krishnan's personal life is under renewed scrutiny, particularly her past broken engagement with Varun Manian, who reportedly asked her to quit acting. Trisha, a famous Tamil and Telugu actor, affirmed her commitment to cinema, vowing to act until her last breath. Social media is rife with speculations about her relationship with actor-politician Thalapathy Vijay.

7 May 2026 11:58 am
SC sends Rs 30,000 crore Sunjay Kapur estate dispute involving Karisma Kapoors children to mediation

The Supreme Court has sent the Sunjay Kapur family estate dispute to mediation. Former Chief Justice DY Chandrachud will oversee talks between Rani Kapur, Priya Kapur, and Sunjay Kapur's children. The estate is valued at nearly Rs 30,000 crore. A disputed Will leaves the entire estate to Priya Kapur.

7 May 2026 11:51 am
Bihar Cabinet full list: From Nitish Kumar's son to Vijay Kumar Sinha, check new ministers in Samrat Choudhary's team

Bihar's cabinet has been expanded. This follows Nitish Kumar's move to the Rajya Sabha. The BJP secured the largest share with 15 ministerial berths. The JD(U) received 13 positions. Notably, Nitish Kumar's son, Nishant Kumar, is entering the cabinet for the first time. This development comes after JD(U) workers urged him to join politics.

7 May 2026 11:41 am
'Trauma as a mother': Celina Jaitly breaks down at late sons grave in Austria amid bitter divorce battle

Celina Jaitly shared an emotional video of herself visiting the grave of her late son, Shamsher, opening up about the trauma she says she is facing amid her divorce from Peter Haag. The actor claimed she has been denied contact with her three other children despite joint custody arrangements and alleged that her husband served her divorce papers under false pretences.

7 May 2026 11:34 am
Bell Canada's parent company BCE fires employees for faking attendance; Workers caught in 'swipe and go' scandal as one worker reportedly visited office only for gym

Bell Canada has dismissed a handful of employees for violating its code of conduct. These workers were caught faking office attendance using a 'swipe-and-go' method. Some employees scanned their cards and left immediately, while one particular employee used the office gym before departing. The company confirmed these dismissals were not part of wider job cuts.

7 May 2026 11:32 am
TN CM 2026: What will happen if Vijay's TVK fails to prove majority? Check possible government formation scenarios here

What will happen if Vijay fails to prove majority: If TVK leader Vijay fails to prove majority and form the government by May 10, 2026, Tamil Nadu could see alternative coalitions, a minority government, or Presidents Rule followed by fresh elections. However, DMK chief MK Stalin has offered not to disturb a TVK government for six months.

7 May 2026 11:01 am
Bengal: Hours after killing of Suvendu Adhikari's PA Chandranath Rath, police say 5 BJP workers injured in bomb attack

Five BJP supporters were injured in a bomb blast in West Bengal's Panihati, hours after a BJP leader's aide was shot dead. The BJP accused the TMC of retaliatory violence, a charge the ruling party denied. Police are investigating the incident and examining CCTV footage.

7 May 2026 10:56 am
Mothers Day 2026 date and theme: Best wishes, significance & gift ideas to make your mom feel special

Mothers Day 2026 will be celebrated on Sunday, 10 May 2026, across India and many countries worldwide to honour mothers and maternal figures for their love, sacrifices and endless support. The special occasion highlights the importance of family bonds and gives people an opportunity to express gratitude through heartfelt wishes, thoughtful gifts, family outings and meaningful gestures. From its historical roots linked to Anna Jarvis and Mothering Sunday to modern-day celebrations filled with flo

7 May 2026 10:52 am
Petrol, Diesel price hiked today? Check latest rates in Delhi, Mumbai, Chennai, Kolkata and other cities

The petrol and diesel prices in India remained steady on May 7, 2026. Fuel prices in India may soon see an increase as oil companies are currently selling petrol and diesel at a loss. While domestic LPG prices remain unchanged, commercial LPG cylinder prices have significantly risen. Government sources have not ruled out a hike in petrol and diesel rates in the near future.

7 May 2026 10:36 am
Quote of the day by Queen Elizabeth I: 'Do not tell secrets to those whose faith and silence you have...' - Virgin Queen's timeless wisdom on trust

Quote of the day by Queen Elizabeth I: Queen Elizabeth I ruled England for over 44 years. Her reign saw political stability and cultural growth. She led England through difficult times, including defeating the Spanish Armada. Elizabeth's independence and strong leadership made her a symbol of resilience. Her legacy continues to inspire today.

7 May 2026 10:25 am
Pakistan Army says it will continue upgrading capabilities to meet future security challenges

Pakistan's armed forces have revealed plans to amplify their military capabilities to meet upcoming threats. Reflecting on the anniversary of a notable conflict with India, they marked the occasion as a pivotal moment in their history. The military is focusing on adopting advanced technologies and refining training methods to maintain readiness against any form of aggression.

7 May 2026 9:57 am
Bengal: Murder of Suvendu Adhikari aide sparks political row; BJP, TMC trade barbs

A close aide of BJP leader Suvendu Adhikari was shot dead in Madhyamgram, West Bengal, triggering a political storm. The BJP accused the ruling TMC of fostering lawlessness, while the TMC dismissed the charges, urging a professional investigation. Other parties also condemned the violence and called for a transparent probe.

7 May 2026 9:56 am
Sridhar Vembu calls for re-election in Tamil Nadu, says numbers dont add up, TN deserves better

Tamil Nadu faces political uncertainty after actor Vijay's party emerged as the largest but without a majority. Zoho's Sridhar Vembu suggested President's Rule and fresh elections with strict 'no cash for votes' enforcement, believing Vijay's party could win a super majority. Social media is divided on the re-election idea, weighing governance against financial and administrative burdens.

7 May 2026 9:38 am
Centre rolls out land, tenancy and other state laws for Chandigarh; check what's new

Chandigarh's legal framework is set for a major upgrade. The Centre has extended five state laws to the Union Territory. These reforms aim to modernize laws, boost transparency, and simplify life and business operations. New legislation covers stamp duty, property records, human smuggling prevention, fire safety, and tenancy. This move seeks to fill legal gaps and enhance governance efficiency.

7 May 2026 8:48 am
One year after Op Sindoor, India keeps gates of dams on Indus shut, maintains position on 'unjust' treaty

One year after the launch of Operation Sindoor, India has opted to keep the Indus Water Treaty suspended, marking a pivotal shift in its policy towards Pakistan, and reinforcing its stance that cooperation cannot thrive amidst terror threats.

7 May 2026 8:47 am
HPBOSE Class 10th result 2026 Date and Time: When and where to download SSC scorecards at hpbose.org? Check details

HPBOSE 10th SSC result Date and time (Google Trends): Himachal Pradesh Class 10 results are anticipated soon on hpbose.org, following the Class 12 announcement. While an official date is pending, the board typically releases results in May. Last year's Class 10 pass rate was 74.61%, a dip from previous years. Students should check the portal for updates and verify their marksheets.

7 May 2026 8:39 am
Judge releases note that cellmate says he found after Jeffrey Epstein's suspected suicide try

A note found by Jeffrey Epstein's former cellmate, Nicholas Tartaglione, after Epstein's first suspected suicide attempt has been released. The note, previously sealed, was ordered unsealed by a judge. Tartaglione, serving a life sentence, claimed he found the note in a book.

7 May 2026 7:59 am
India commemorates first anniversary of Operation Sindoor, marking decisive military action against terror infrastructure

India marked the first anniversary of Operation Sindoor, a decisive military action against terror infrastructure in Pakistan-occupied Kashmir and Pakistan, launched in response to the Pahalgam terror attack. The operation, described as a symbol of national resolve, involved precise strikes and reinforced India's unwavering stance against terrorism and its backers.

7 May 2026 7:56 am
Powerful symbol of national resolve, preparedness: Rajnath Singh on anniversary of Operation Sindoor

Defence Minister Rajnath Singh commemorated Operation Sindoor. This operation was a strong military response to a terror attack. Indian forces targeted terror launchpads in Pakistan and Pakistan-occupied Jammu and Kashmir. Over 100 terrorists were eliminated. Pakistan responded with attacks, leading to a conflict. India conducted retaliatory strikes. A ceasefire was agreed upon, ending the hostilities.

7 May 2026 7:55 am
Iran likely to submit response to US proposal on West Asia crisis through mediators on May 7

Iran is expected to respond to a US proposal aimed at resolving the West Asia crisis, with mediators facilitating discussions. Sources suggest both nations are nearing a preliminary accord for an immediate ceasefire and a 30-day negotiation window for a broader settlement, including a pause in nuclear enrichment and sanctions relief.

7 May 2026 7:45 am
Who is Chandranath Rath? Former IAF veteran and Suvendu Adhikaris personal assistant shot dead days after BJP's Bengal win

Chandranath Rath, a trusted aide of Suvendu Adhikari, was shot dead in Madhyamgram. Assailants on a motorcycle intercepted his vehicle and fired at close range. Rath, a former Indian Air Force officer, had joined Adhikari's team in 2019 and his family was once closely associated with Trinamool Congress. His death has triggered sharp political reactions across Bengal.

7 May 2026 7:40 am
Six missing after boat capsizes in Yamuna in UP's Hamirpur, search underway

Six people, including children, remain missing after a boat capsized in the Yamuna River in Hamirpur, Uttar Pradesh. Three individuals were rescued by the boatman after the vessel lost balance and overturned on Wednesday evening. Search operations are currently underway by NDRF and SDRF teams.

7 May 2026 7:40 am
Trump predicts Iran war will be over quickly

President Donald Trump predicted a swift end to potential conflict with Iran, emphasizing the U.S. objective of preventing Tehran from acquiring nuclear weapons. Speaking at a tele-rally, Trump stated that the ongoing actions are for a crucial reason and expressed confidence that the situation will be resolved quickly.

7 May 2026 7:36 am
Hantavirus outbreak, death rate, contagious, incubation period: Is Hantavirus the Next Covid? Expert raises 'serious' warning

Hantavirus cruise ship's itinerary included stops across the South Atlantic, including mainland Antarctica and the remote islands of South Georgia, Nightingale Island, Tristan da Cunha, St. Helena and Ascension.

7 May 2026 6:48 am
Iran expresses 'full readiness' to provide 'maritime services, technical support' to commercial ships in Hormuz

Iran's maritime authority is ready to provide essential services to ships in the Strait of Hormuz. This comes after US President Donald Trump announced a temporary halt to 'Project Freedom'. The initiative aims to ensure the safety and welfare of vessels and their crews. Iran emphasizes its commitment to secure maritime traffic in this vital waterway.

7 May 2026 6:40 am