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The Economic Times

National / The Economic Times

Indo-Pacific trade pact losing relevance under Trumps aggressive strategy: GTRI

The Indo-Pacific Economic Framework for Prosperity, widely known as IPEF, faces significant hurdles. Recent analyses indicate that the foundation of the framework may be weakening, largely attributed to the trade policies introduced during Donald Trumps presidency.

5 May 2026 11:36 am
UP smart meter relief: New monthly billing, payment timeline & disconnection rules announced; Check the changes here

UP Smart Meter: Uttar Pradesh government has discontinued the mandatory prepaid system for smart electricity meters. Following widespread complaints of technical glitches and arbitrary disconnections, Chief Minister Yogi Adityanath has directed a transition to postpaid billing for over 83 lakh consumers to ensure uninterrupted power during the peak summer.

5 May 2026 11:32 am
Kerala Assembly poll outcome a rejection of communal polarisation attempts: Venugopal

K. C. Venugopal said the Kerala Assembly poll results reflect a rejection of communal polarisation and alleged misgovernance by the LDF, while also alleging unfair practices in BJPs wins elsewhere; he added that the Congress will soon decide on its chief ministerial pick.

5 May 2026 11:26 am
Cash is king again? Indias withdrawals surge 12% in early April, highest since post-demonetisation

The Indian economy is witnessing a historic milestone as the currency in circulation hits 42.3 trillion rupees. This remarkable jump of more than 610 billion rupees in merely 15 days of April signals a transformative phase. Experts warn that this continuous cash demand surge may impact the liquidity framework of the banking system.

5 May 2026 11:08 am
Quote of the Day by Justin Bieber: The success I've achieved comes to me from

Pop superstar Justin Bieber credits his immense success to divine intervention. Discovered on YouTube as a teen, Bieber became a global phenomenon with hits like 'Baby' and 'Sorry'. He has navigated fame's challenges, finding solace in his Christian faith. This perspective highlights gratitude and a grounded outlook, acknowledging forces beyond personal effort in his remarkable journey.

5 May 2026 11:05 am
Big win empowers BJP to recast Assam politics, delivering welfare pledges key to retaining power

The BJPs sweeping Assam victory is being seen as both a consolidation of Hindutva politics and a weakening of traditional Assamese regionalist forces. Analysts say the party has successfully positioned itself as the protector of Assamese identity while also deepening Hindu consolidation, particularly after the 2023 delimitation exercise. The result sidelines regional outfits such as the AGP, Raijor Dal and Assam Jatiya Parishad, while further marginalising Bengali-speaking Muslims and weakening

5 May 2026 11:05 am
Bharat Taxi partners with Delhi Capitals as official mobility partner for IPL 2026

Bharat Taxi will be the official mobility partner for Delhi Capitals in the 2026 IPL season. The ride-hailing firm will manage on-ground and digital campaigns. Dedicated travel support will be provided for fans attending matches in Delhi NCR. This partnership aims to enhance the fan experience and ensure timely stadium access.

5 May 2026 11:01 am
'Out of 20 seats with highest voter deletions, TMC won 13': Jaiveer Shergill slams Opposition for criticising ECI

Bharatiya Janata Party spokesperson Jaiveer Shergill questioned opposition parties' claims of electoral malpractice. He highlighted their acceptance of results in Kerala and Tamil Nadu but not West Bengal. The article details BJP's significant victory in West Bengal assembly elections, securing 206 out of 294 seats. Trinamool Congress won 81 seats. Other parties secured fewer seats.

5 May 2026 11:00 am
AP POLYCET Results 2026 Out at polycetap.ap.gov.in: Check steps to download, passing criteria, alternative website and counselling details

The Andhra Pradesh POLYCET result is out. Thousands of students can now check their scores online. The results were released on May 5, 2026. Candidates need their hall ticket number and date of birth to view their rank cards. Qualifying candidates will participate in online counselling for diploma course admissions. The rank card is essential for the counselling process.

5 May 2026 10:58 am
Whats next for TVK's Vijay: Will he join hands with Congress or form alliance with DMK or AIADMK?

Tamil Nadu politics has a new force. Actor Vijays party, Tamilaga Vettri Kazhagam (TVK), has made a significant impact in the assembly elections. The results have produced a hung assembly, putting Vijay in a pivotal position in the formation of the next government. All major parties are now looking towards him, as the state appears to be entering a new political era.

5 May 2026 10:51 am
6 easy ways: How to prevent AC from overheating and exploding

Protect your home this summer by following these six essential AC safety steps. From using dedicated power sockets to ensuring your outdoor unit isn't clogged with dust, these simple maintenance hacks prevent overheating and refrigerant-related explosions, ensuring your cooling system remains safe and efficient during extreme heatwaves.

5 May 2026 10:41 am
Congress weighs CM choice after UDFs landslide win in Kerala

Kerala witnesses a significant political shift as the Congress-led UDF returns to power after a decade. Discussions are underway to select the new Chief Minister from prominent Congress leaders. The incumbent LDF faces a substantial defeat, prompting introspection. The BJP also secures three seats, marking a breakthrough. Voters have expressed their desire for change.

5 May 2026 10:38 am
Pakistan aids stranded Indian vessel in Arabian Sea after Mumbai distress call

Pakistan Navy has provided crucial humanitarian aid to the crew of an Indian offshore tug and supply vessel. The vessel, MV Gautam, was stranded in the Arabian Sea due to a technical fault. The Pakistan Maritime Security Agency assisted in the operation. The crew, comprising six Indians and one Indonesian national, received food, medical aid, and technical support.

5 May 2026 10:30 am
Samsung Electronics' board chairman urges union to resolve pay disputes

Samsung Electronics chairman Shin Je-yoon has appealed to unionised workers to settle pay disputes. A planned 18-day strike from May 21 could severely impact investors and employees. Shin warned of serious consequences for South Korea's economy, including market leadership loss and capital outflows.

5 May 2026 10:24 am
TMC alleges post-poll violence as many party offices vandalised; BJP denies involvement

Trinamool Congress offices faced arson and vandalism across West Bengal on Monday. BJP workers celebrated their victory, while TMC accused BJP of violence. Incidents were reported in Kolkata, Howrah, and other districts. TMC condemned the attacks, calling them gutter politics. BJP denied involvement, suggesting internal TMC conflict. Reports indicate assaults on TMC candidates and party agents.

5 May 2026 10:00 am
Central Asia's biggest state pushes for data driven economy to avoid stagnation

Kazakhstan's President Kassym-Jomart Tokayev urged a swift transition to an AI-powered economy. He stressed that delaying this shift risks the nation falling behind globally. Traditional growth models are losing effectiveness. The country needs a unified digital transformation and a real-time economy for faster decision-making. Private sector involvement and a robust venture ecosystem are crucial.

5 May 2026 9:53 am
Trump's retribution? What to watch in Tuesday's elections in Indiana, Ohio and Michigan

President Trump's influence is on trial in Indiana's Republican primaries. Seven state senators face Trump-backed challengers. Ohio's primaries will decide candidates for major U.S. Senate and governor races. Michigan voters will fill a state Senate vacancy in a bellwether district. These contests will reveal the strength of Trump's hold on the Republican Party.

5 May 2026 9:45 am
Who was Santhosh Nair? Popular Malayalam actor with 100+ films dies in tragic road accident

Popular Malayalam actor Santhosh Nair passed away in a road accident in Pathanamthitta. His car collided with a lorry, and he reportedly suffered a heart attack during treatment. Nair, who began his acting career in 1982, featured in over 100 films, portraying diverse roles. He spent his early years with his maternal grandparents.

5 May 2026 9:38 am
How Vijays TVK won Tamil Nadu: From whistle to squirrel, the six-phase chronology of Thalapathy's 'victory-path'

Vijay Thalapathy Election Result: Tamilaga Vettri Kazhagam (TVK) secured 108 seats in Tamil Nadu, falling just short of a majority. This electoral success is attributed to a long-term organizational strategy by actor-turned-politician Vijay, which involved converting fan networks into welfare groups, testing electoral waters through independent candidates, building a disciplined cadre, and leveraging a distinct campaign symbol and established volunteer networks for effective mobilization.

5 May 2026 9:36 am
'People bestowed their upon me': BJP's Dilip Ghosh after winning Kharagpur Sadar assembly in West Bengal polls

The Bharatiya Janata Party achieved a significant victory in the West Bengal Assembly elections. Dilip Ghosh won the Kharagpur Sadar seat. This win marks a major milestone for the BJP in the state. The party secured a substantial number of seats, surpassing previous performances. The Trinamool Congress finished second. The election results indicate a shifting political landscape in West Bengal.

5 May 2026 9:34 am
US, Gulf Arab nations draft new UN resolution on Strait of Hormuz

The United States and Gulf Arab nations are preparing a United Nations Security Council resolution. This resolution aims to condemn Iran for obstructing the Strait of Hormuz. It follows a previous resolution blocked by Russia and China. The new draft focuses on Iran's mining of waterways and attempts to impose tolls.

5 May 2026 9:30 am
PMGSY's Rs 29 crore road brings long-awaited connectivity to Rajouri district in Jammu & Kashmirs Doongi belt

A crucial road project is underway in Rajouri's Doongi block. This 13-kilometer road will connect remote border panchayats and link three key blocks. Residents anticipate reduced travel times and improved access to essential services. The initiative is expected to boost local development and livelihoods. This project fulfills a long-standing demand for better infrastructure in the region.

5 May 2026 9:21 am
Iranian state media counters US claims, says 5 civilians killed in clumsy Hormuz Strait strike

Iran's state media claims US forces attacked civilian cargo boats in the Strait of Hormuz, resulting in five deaths, contradicting Washington's assertion that the vessels were Iranian military boats threatening commercial shipping. The incident occurred during a US mission to secure maritime corridors and ensure freedom of navigation.

5 May 2026 9:19 am
US Apache attack helicopters deployed in operation against Iranian boats: CENTCOM

US CENTCOM used Sea Hawk and Apache helicopters on Monday to eliminate Iranian small boats threatening commercial shipping in the Strait of Hormuz. As part of Project Freedom, over 100 aircraft from land bases and two carriers are currently working to reopen the waterway and escort commercial vessels.

5 May 2026 8:48 am
IMF chief Georgieva warns of 'much worse outcome' if conflict drags into 2027, oil hits $125

Global economy faces a grim future if the Middle East conflict continues until 2027. IMF chief Kristalina Georgieva warns of significantly higher inflation and a much worse outcome. Oil prices could reach $125 per barrel, impacting growth and de-anchoring inflation expectations. Physical oil shortages are also a concern.

5 May 2026 8:47 am
US fights to reopen the Strait of Hormuz as the UAE comes under attack in a test of Iran truce

The United States said it reopened a shipping lane in the Strait of Hormuz after engaging Iranian forces, sinking six boats that were targeting civilian vessels. Two US-flagged merchant ships passed through safely under the new security operation.

5 May 2026 8:38 am
US intel says Iran nuclear timeline unchanged despite strikes, war

Iran's nuclear weapon timeline remains unchanged. U.S. intelligence assessments show it still takes up to a year to build a bomb. Recent U.S. and Israeli attacks targeted conventional military sites. Iran's nuclear facilities were hit, but key material remains. The U.S. aims to prevent Iran from obtaining nuclear weapons through ongoing negotiations.

5 May 2026 8:38 am
Iran denies UAE strike role, blames US 'military adventurism'

Tensions flare in the Middle East as Iran denies responsibility for a drone strike on UAE oil facilities. Iran blames US military actions for the incident. Iran's navy fired warning shots at US warships in the Strait of Hormuz. US forces claim to have destroyed Iranian military boats. The situation marks a dangerous escalation amid a Middle East war ceasefire.

5 May 2026 8:29 am
The fall in Bhabanipur: Mamata Banerjees loss signals TMCs wider collapse

Mamata Banerjee faced a significant defeat in the Bhabanipur constituency, losing by over 15,000 votes. This outcome mirrors the Nandigram battle. Factors contributing to the loss included voter alienation, corruption allegations, and job scams. The Election Commission's measures ensured fair polls, allowing voters to participate freely. These developments impacted the Trinamool Congress's performance.

5 May 2026 7:48 am
Assembly Elections 2026: INDIA bloc's foundational pillars jolted

The INDIA bloc faces significant electoral defeats in recent assembly polls. Major parties like Congress, TMC, DMK, and Left experienced setbacks, with only Congress's UDF in Kerala securing a victory. These results raise concerns about the bloc's unity and future prospects.

5 May 2026 7:41 am
Beyond the hat-trick: BJPs Assam win marks a shift to solo majority power

The Bharatiya Janata Party has secured a decisive victory in Assam, forming the government for a third consecutive term. The party achieved a majority on its own for the first time. The National Democratic Alliance, including partners Asom Gana Parishad and Bodoland People's Front, secured a significant number of seats. The Congress party saw a reduction in its tally.

5 May 2026 7:39 am
Breaking the eastern barrier: Bengal triumph redraws BJPs political map

The Bharatiya Janata Party's win in West Bengal signifies a major political achievement. This victory completes the party's expansion into eastern and northeastern India. It establishes the BJP as a pan-India force. The win provides the leadership confidence for future reforms and strengthens its position within the NDA coalition.

5 May 2026 7:30 am
BJP's Bengal victory revives Gorkha hopes for 'permanent political solution' within Constitution

The Gorkha community is hopeful for a permanent political solution to their Gorkhaland demand after the BJP's victory. This issue was key to BJP's rise in West Bengal in 2009. The community, a long-time BJP supporter, recalls promises of a solution within six months of government formation. They are looking at a model like the Bodoland Territorial Council.

5 May 2026 7:29 am
Petrol, Diesel Prices Today (May 5): Check fuel rates in Delhi, Mumbai, Kolkata, Chennai and other cities after election results

Petrol, Diesel Prices Today: Fuel prices remained unchanged across major Indian cities on Tuesday, May 5, despite a global oil price surge. Government sources indicate a potential hike of up to Rs 5 per litre for petrol and diesel soon, as retailers aim to recover losses. Domestic LPG cylinder prices are also expected to rise.

5 May 2026 7:26 am
Armed man shot by US Secret Service near White House

US Secret Service agents shot an armed man in downtown Washington on Monday. The incident occurred near the National Mall shortly after Vice President JD Vance's motorcade passed. Agents identified a suspicious individual with a firearm. The man fled, drew his weapon, and fired at agents who returned fire, wounding him. A juvenile bystander was also slightly injured.

5 May 2026 7:24 am
Hantavirus scare: Evacuations planned as suspected outbreak traps 150 on ship off Cape Verde

Medics are working to evacuate two individuals with hantavirus symptoms from a luxury cruise ship off West Africa after an outbreak claimed three lives. The Dutch-flagged MV Hondius, carrying mostly British, American, and Spanish passengers, has been denied docking as a precaution.

5 May 2026 7:01 am
U.S. Stock market prediction for Tuesday: Will S&P 500, Dow Jones, Nasdaq trade in green? These factors will decide

U.S. stocks fell from their record heights, while oil prices jumped following escalations in the Middle East that may undermine the ceasefire in the war with Iran.

5 May 2026 6:46 am
Trump warns Iran would be 'blown off the face of the Earth' if Tehran attacks US vessels in Strait of Hormuz

US President Donald Trump has intensified warnings against Iran, stating that the United States can't let Iran have a nuclear weapon and threatening severe retaliation if US assets are targeted under Project Freedom.

5 May 2026 6:38 am
SIR Effect: 'Ineligible' voters exceed win margins in 25 BJP seats in West Bengal

A large number of assembly seats in West Bengal have reported that electors marked ineligible under the Special Intensive Revision (SIR), along with those still under adjudication, exceed the final victory margins.

5 May 2026 6:30 am
Will continue to work towards strengthening Tamil culture, pride: Amit Shah thanks Tamil Nadu voters, reaffirms NDA's commitment to development

Union Home Minister Amit Shah and Prime Minister Narendra Modi thanked Tamil Nadu voters for supporting the BJP and NDA. They reaffirmed the central government's commitment to the state's development. Actor-turned-politician Vijay's party, TVK, made a significant debut, winning many seats. This marks a potential shift in Tamil Nadu's political landscape.

5 May 2026 6:29 am
South Korean-operated vessel ablaze in Strait of Hormuz; Trump says Iran fired at ship

A South Korean ship experienced an explosion and fire in the Strait of Hormuz. U.S. President Trump stated Iran was responsible for the attack. No casualties were reported. Authorities are investigating the cause of the blaze. The incident occurred as the U.S. initiated an operation to secure shipping lanes. South Korea is reviewing intelligence and considering its response.

5 May 2026 6:24 am
PM Narendra Modi hails BJP victory in West Bengal calls it vote for stability and development

Prime Minister Narendra Modi hailed the BJP's West Bengal election win. He stated the victory signifies a vote for stability and development amidst global economic challenges. Modi urged an end to violence and vendetta in the state. He assured the new government will work for public aspirations and act against illegal immigrants.

5 May 2026 6:00 am
Met Gala 2026 protests: Why is Amazon founder Jeff Bezos facing criticism even as wife Lauren Sanchez Bezos attends Metropolitan Museum of Arts Costume Institute event?

Met Gala 2026: Outside the museum, protesters in colorful outfits held letters spelling out ax the rich and banners reading esistance red carpet and eat the rich.

5 May 2026 5:58 am
BJPs big bang: Bengal breached, Assam secured; Vijay, Congress flip the south

India has a brand new political map. A massive topple in Bengal, a twist in the Tamil Nadu potboiler, power grip in Assam and Puducherry, and anti-incumbency in Kerala this crucial round of Assembly elections sees BJP tighten dominance across the country, with a very special appearance by Vijays TVK.

5 May 2026 5:58 am
Blake Lively Justin Baldoni settlement: It Ends With Us stars ends controversial litigation saga. All you may want to know

Blake Lively-Justin Baldoni settlement ends more than a year of acrimonious litigation that drew intense publicity as details of Lively's allegations and Baldoni's counterclaims trickled out in court filings.

5 May 2026 5:50 am
No World Cup 2026 telecast in India, China? Here's why FIFA faces broadcast crisis in world's two most populous countries

FIFA has concluded agreements with broadcasters in over 175 territories globally, it said in a statement to Reuters.

5 May 2026 5:30 am