The Economic Times

Global debt has reached a record nearly $353 trillion. Investors are now looking beyond U.S. Treasuries, showing more interest in Japanese and European government bonds. This shift is driven by differing debt trajectories. U.S. debt is expected to rise, while euro zone and Japan's debt paths are seen as more moderate. Corporate bond markets in the U.S. are booming.

Ted Turner cause of death: Ted Turner, the visionary founder of CNN and influential media entrepreneur, has died at the age of 87. Turner revolutionized global journalism by launching the worlds first 24-hour news network and reshaped cable television through ventures like TBS. He also owned the Atlanta Braves, leading the team through its most successful era, including a 1995 World Series win. His passing marks the end of a transformative era in broadcasting, sports ownership, and global commun

Operation Sindoor, launched after the Pahalgam attack, redefined India's security. It utilized drones and AI, prompting a military upgrade. India acquired advanced platforms like S-400 systems and Rafale jets. New submarines and missile tests bolster defense. This response to terrorism enhanced India's combat readiness and strategic goals.

US stock market today: Dow Jones jumps 650 points, Nasdaq surges as AMD stock explodes 19%, oil crashes, and AI optimism reshapes Wall Street. Chipmakers and geopolitics collide on a volatile Wednesday morning as the market is betting heavily that a ceasefire framework is closer than anyone expected. Oil prices crashed as hopes of a U.S.-Iran peace deal eased inflation fears. Bond yields fell. The dollar weakened. Gold surged above 4,700.

A simple aluminum foil test can help find why a wall has damp spots. It shows if the problem is humidity or water leaking inside. This quick method helps people understand moisture issues early without tools. Fixing the cause fast can prevent wall damage, mold growth, and health problems, making homes safer and more comfortable to live in.

India saw a six percent drop in crimes in 2024. Over 58 lakh cases were reported, down from 62 lakh in 2023. The crime rate per lakh population also decreased. Cases of 'Hurt' saw a significant decline. Murder cases reduced marginally. Crimes against women and Scheduled Castes and Tribes also showed a dip. These figures reflect the latest crime statistics.

Newly elected West Bengal MLAs show a significant increase in criminal cases. Over 65 percent declared criminal charges, a jump from the previous election. Wealth concentration also rose, with 61 percent being crorepatis. This trend highlights growing concerns about criminalisation of politics and wealth in the state's legislature.

Ted Turner net worth: The news of Ted Turners death comes years after he publicly disclosed his diagnosis of Lewy body dementia in 2018. Despite ongoing health challenges, Turner remained a towering presence in media, philanthropy and business.

A consensus to this effect was arrived at the 2nd BRICS Employment Working Group (EWG) meeting under Indias presidency in Kerala with delegation from China, Egypt, Ethiopia, Iran, Indonesia, Russia, South Africa and UAE along with knowledge partners like the International Labour Organization, International Social Security Association and United Nations India.

African Proverb of the Day: If you want to know the end, look at the beginning highlights the deep connection between origins and outcomes. It teaches that nothing in life happens suddenly; instead, results are shaped by early decisions, actions, and intentions. The timeless proverb encourages awareness, foresight, and responsibility in how we begin any journey, whether in relationships, work, or personal growth.

The trade ministers of the Group of Seven leading industrialised nations criticised Wednesday economic coercion by placing arbitrary restrictions on exports, particularly critical minerals, in a clear swipe at China. We express our grave concerns regarding economic coercion, including coercion through arbitrary export restrictions that may lead to supply chain disruptions, notably for critical minerals, and undermine economic security and resilience, the ministers said.

Mel Gibson famously described Hollywood as a factory. He believes actors are replaceable parts in a demanding industry. If not for films, Gibson would have pursued a career as a chef. He enjoys cooking, especially Malaysian Laksa. Gibson also admitted to a love for chocolate. He achieved global fame with Mad Max and Lethal Weapon.

AMD stock up nearly 19% today after blockbuster earnings beat. Something shifted in the semiconductor world on Wednesday, May 6, 2026. AMD stock didn't just rise it lunged. Shares of Advanced Micro Devices climbed 18.9% in a single session, adding more than $110 billion in market value in one day. And if you look closely at what drove them, you start to see a much bigger story about where AI infrastructure is actually heading.

Ted Turner, who transformed television news with the creation of CNN in 1980, has died at the age of 87, the network said Wednesday. Cable News Network upended established broadcasting with its dedication to around-the-clock breaking news and shot to global recognition with its coverage of the Gulf War in 1990-91. sms/acb

The AIADMK has firmly stated it will not support the Vijay-led TVK in forming a government in Tamil Nadu, refuting media reports of a post-poll alliance. Despite TVK's strong debut with 108 seats, falling short by 10, the AIADMK clarified its stance, emphasizing no support will be extended under any circumstances. This clarification comes directly from party leadership.

Bitcoin BTC USD price prediction after hitting 3-month high: Bitcoin has surged to a three-month peak as reports suggest a de-escalation in US-Iran hostilities. This development is boosting investor confidence, driving Bitcoin and stock markets higher. Gold is seeing a pullback as investors shift strategies.

Congress MLAs in Kerala will convene in Thiruvananthapuram on Thursday to begin selecting the new chief minister. Senior party leaders are arriving to gather opinions from the elected representatives. The party aims to finalize the decision by Sunday. Meanwhile, the Indian Union Muslim League is discussing portfolio demands, potentially seeking the Deputy Chief Minister post.

Oil prices crash today: Nearly $920 million in crude oil shorts entered the market just 70 minutes before reports claimed the US and Iran were nearing a 14-point war deal. Oil prices then crashed over 12%, creating massive profits within hours. The timing shocked Wall Street. Traders now question whether someone saw the Iran deal headlines early. This crude oil short trade is no longer just a market story.

This year's Kailash Mansarovar Yatra will cost pilgrims Rs 2.09 lakh, reflecting a 20 percent increase. This rise is primarily due to fluctuations in currency and updated travel expenses. The renowned annual pilgrimage through Lipulekh Pass is scheduled to kick off on July 4, with ten batches of 50 pilgrims each embarking on this sacred journey.

Delhi is witnessing a surge in dengue cases. April's erratic rainfall has led to over half of this year's infections being reported. This trend is concerning, as stagnant water creates ideal breeding grounds for mosquitoes. Civic agencies are intensifying efforts to control mosquito breeding and prevent further spread. Malaria and chikungunya cases are also being monitored.

Georgia is sending rebate checks up to $500 to eligible taxpayers after a big budget surplus. Payments started in May 2026 and will continue through the month. Residents who filed recent tax returns can qualify. The plan aims to return extra state money to people, but some leaders say the amount may not fully help with rising living costs.

My daily challenge to myself is to be part of the solution, to be a joyful warrior in the battle to come. This quote by Kamala Harris reflects a mindset of responsibility, resilience, and optimism. The powerful quote highlights the importance of actively contributing to solving problems rather than remaining passive in the face of challenges.

Women's economic involvement in India is growing. More female entrepreneurs are leading businesses, especially in manufacturing. These businesses are also creating jobs for women. Overall workforce participation for women in the non-agricultural sector has increased. Their presence is particularly strong in own-account enterprises and the manufacturing sector.

An American woman in Bengaluru is raising alarms about steep rent hikes. Her landlord demanded a 33 percent increase, threatening eviction. She contrasts this with regulated rent increases in the US. The practice of demanding security deposits far exceeding legal limits is also a concern. These sharp increases are becoming normalized in the city.

African proverb of the day explains the message behind the saying However far a stream flows, it doesnt forget its origin. The proverb highlights roots, heritage, identity, humility, and purpose. It shows why people must stay connected to family, culture, and tradition while growing in life. The teaching also links success with gratitude and reminds people to carry lessons from their beginnings wherever they go.

India's economic growth is expected to slow to 6.6 percent this fiscal year. Achieving the Viksit Bharat goal by 2047 requires crucial reforms in energy and food security. External shocks from energy supply disruptions and rising oil prices are creating pressure. India must develop a comprehensive energy storage policy.

Uttarakhand is developing Badrinath Dham into a spiritual hill town with a comprehensive masterplan. The initiative aims to provide pilgrims with a divine, well-organized experience featuring modern amenities while preserving local culture and the environment. Reconstruction work is currently underway to enhance the grand character of this significant pilgrimage site.

The Supreme Court has cancelled default bail for two individuals accused in the 2024 Haldwani arson and rioting case. The court found the High Court's decision to grant bail incorrect. The accused must now surrender to the trial court within two weeks. The Supreme Court noted the investigation's expediency despite the crime's magnitude.

What a Chinese Proverb teaches us about failure, resilience, and the mind that grows: Every civilisation has tried to explain why suffering makes people stronger. Only a handful have said it this cleanly and meant it this deeply. The Chinese proverb a fall into a ditch makes you wiser explains why mistakes build wisdom, resilience, and sharper decision-making. In todays fast-moving world, failure is not weakness. It is real learning. Each setback reveals gaps. Each error improves thinking.

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.

In a surprising turn of events, BJP MLA DN Jeevaraj has officially taken his oath as a legislator following a judicially-ordered recount of postal ballots in Sringeri. This recount, instigated by the high court, confirmed his election on May 3, three years after the original assembly polls.

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.

Less than 24 hours after TMCs crushing defeat in the 2026 West Bengal elections, security barriers around Mamata Banerjees Kalighat residence were removed. The iron barricades and heavy police presence that restricted public access for years have been withdrawn, bringing immediate relief to local residents.

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.