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The Economic Times

Top News / The Economic Times

G7 trade ministers set to meet but not discuss latest US tariff threat

G7 trade ministers gather in Paris to tackle critical minerals and small package trade issues. The ongoing Middle East conflict's economic impact will also be a key discussion point. Separately, US threats of new tariffs on European vehicles will be addressed in bilateral meetings. The ministers will also focus on industrial overcapacity and economic security.

5 May 2026 8:14 am
Quote of the day by Helen Keller: Your success and happiness lie in you. External conditions are the accidents of life. The great enduring realities are Life lesson on success and happiness: the power that was always yours

Helen Keller quote on success and happiness: The woman who could not see the world proved that the world you cannot see is the only one that truly matters. Helen Keller never saw a sunrise. She never heard applause. And yet she became one of history's most luminous souls. That is not a footnote. That is the entire argument.

5 May 2026 8:12 am
Delhi, Noida, Gurugram, Ghaziabad weather alert: Rain likely in capital today? Here's what IMD has predicted for the whole week

Delhi is set for thunderstorms and rain on Tuesday, May 4. Overnight showers and gusty winds have already brought temperatures down across the capital. The India Meteorological Department predicts cloudy skies with light rain, thunderstorms, lightning, and strong winds during the afternoon and evening. Temperatures are expected to remain below normal.

5 May 2026 8:04 am
Embraer eyes new Middle East defense deals after UAE order

Brazil's Embraer anticipates further defense aircraft deals in the Middle East following a significant order for C-390 military cargo planes from the United Arab Emirates. The company's defense chief highlighted the strategic importance of the region and the potential for government-to-government procurements to expand the C-390's operator base.

5 May 2026 8:00 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
Bengals M math misfire: How muslim fragmentation and mohila drift tilted the field for BJP

The Bharatiya Janata Party secured victories in Malda and Murshidabad districts. This success stemmed from a divided Muslim vote and public discontent with Trinamool Congress leadership. Extensive campaigning by top BJP leaders, including Amit Shah and Prime Minister Narendra Modi, bolstered the party's ground-level organization. Promises of good governance and financial aid resonated with voters, contributing to the BJP's gains.

5 May 2026 7:17 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
The whistle blew, DMK fell: How TVK's Vijay did what decades of politics could not

Actor Vijay's new political party, Tamilaga Vettri Kazhagam, has achieved a stunning victory in Tamil Nadu. The party has become the largest in the state, unseating the incumbent DMK government. MK Stalin has lost his chief minister position. This marks a significant political shift, with Vijay becoming an overnight sensation.

5 May 2026 5:30 am
White House mulls order directing government executives to review AI models before public review. What does it mean for Aritificial Intelligence?

Donald Trump had positioned himself as a champion of unfettered AI development, rolling back Biden-era safety evaluation requirements and casting regulation as a threat to US competitiveness with China.

5 May 2026 5:19 am
Hantavirus outbreak on cruise ship: Symptoms, treatment, infections in north America

Hantavirus, which can cause fatal respiratory illness, can be spread when particles from rodent droppings or urine become airborne. It does not transfer easily between humans.

5 May 2026 4:19 am
White House attack foiled? Man with gun shot by security agents near Washington Monument at a time when President Donald Trump was holding business event

Secret Service encouraged people to avoid the area as emergency crews responded to the shooting not far from the White House, where President Donald Trump was holding a small business event.

5 May 2026 3:59 am
He was drafting his resignation when layoff hit here's how he got 5 months' severance, a 30% pay rise and 3 weeks' vacation

Layoff resignation timing story: A worker proactively prepared for potential layoffs during a company restructuring by applying for new roles and optimizing his job search with AI tools. This foresight led to a senior position offer with a 30% salary increase, just before his company announced layoffs, resulting in a fortunate transition with severance and a new job lined up.

5 May 2026 2:51 am
Quote of the Day by Helen Keller: 'Although the world is full of suffering, it is...'Helen Kellers timeless reminder that strength can rise from suffering

Quote of the Day: Helen Keller's life, marked by blindness and deafness from infancy, became a testament to resilience. Her journey, guided by Anne Sullivan, led to groundbreaking achievements in education and communication. Keller's powerful quote, Although the world is full of suffering, it is full also of the overcoming of it, reflects her profound personal experience and enduring message of hope.

5 May 2026 2:44 am
Quote of the day by Johnny Depp: 'Things go wrong for me all the time with technology. I'm not...' - Pirates of the Caribbean and Edward Scissorhands actor reveals struggles with technology, digital life, old-school mindset and other life lessons

Quote of the day by Johnny Depp: Johnny Depp reflects on the challenges of modern technology, feeling old-school and overwhelmed by its constant changes and demands. He admits to struggling with unfamiliar devices, leading to frustration and a desire to avoid them. This sentiment highlights a common generational gap and the emotional impact technology can have on self-confidence.

5 May 2026 2:05 am
Roman Proverb of the Day: 'The voice of the people is the voice of God'The Roman Proverb that elevates the collective voice

Roman Proverb of the Day: The Roman proverb Vox populi, vox dei highlights the immense power of the collective voice, suggesting it holds a sacred authority. This saying underscores how public opinion shapes governance, social norms, and even digital narratives, emphasizing both the influence and the responsibility inherent in collective expression.

5 May 2026 2:04 am
Quote of the day by Princess Diana: 'A mother's arms are more comforting than...' Life lessons on love, care, human nature by princess of Wales and mother of heir to the British throne

Quote of the day by Princess Diana shares a message about love, motherhood, and human connection. The quote highlights emotional comfort and care from a mother. This explainer covers the meaning of the quote, life lessons, and the life story of Princess Diana. It also explains her early life, royal journey, charity work, family role, tragic death, funeral, and how her legacy continues to shape public memory and royal history.

5 May 2026 2:03 am
Earning more but still broke? The real reasons your money never feels enough explained

Earning more money does not always reduce money stress. Many people spend more as income grows, and rising costs make it harder to save. Without a proper plan, extra income disappears quickly. Simple habits like saving first and controlling expenses can help build financial stability. Managing money smartly is more important than just increasing income over time for better financial confidence.

5 May 2026 1:59 am
Can DoorDash's Kroger partnership finally solve grocery delivery for SNAP recipients?

DoorDash now delivers groceries from almost 2,700 Kroger stores using SNAP benefits. This partnership brings affordable grocery delivery to millions of low-income shoppers across America. It helps people in food deserts and those with limited transportation access. New customers get free delivery on their first Kroger order. This move significantly boosts online grocery access for vulnerable communities.

5 May 2026 1:09 am
Will stablecoins replace Visa and Mastercard? $719 trillion forecast signals major shift in global payments by 2035

Stablecoin forecast 2035 explained: Stablecoin transactions could hit $719 trillion by 2035. This surge is fueled by younger generations embracing digital finance and a shift towards faster, 24/7 transactions. Stablecoins may soon rival Visa and Mastercard in volume. This evolution promises a new era for cross-border and everyday commerce.

5 May 2026 1:08 am
Trump slams Fed Chair Jerome Powell as Disaster as Mortgage rates Stay above 6.5% and 10-year yield nears 4.5%

US interest rates are still high and causing problems for home buyers. Donald Trump criticized Fed Chair Jerome Powell over this issue. Mortgage rates are above 6.5% and changing often. Inflation, global conflict, and economic slowdown are key reasons. Even without a Federal Reserve meeting, rates can move. People planning to buy homes are waiting and watching closely.

5 May 2026 1:04 am
Will UAE fight back Iran? US Navy reopens Strait of Hormuz as UAE faces Iranian missile and drone attacks

Will UAE fight back Iran? The United States moved to reopen the Strait of Hormuz after Iran launched missile and drone attacks on the UAE and commercial ships. The conflict has raised oil prices, disrupted shipping, and increased global economic pressure. Military operations, sanctions, and naval blockades are now shaping the next phase of the crisis.

5 May 2026 1:01 am
Congress-led UDF sweeps to power in Kerala by riding anti-LDF wave

The United Democratic Front has achieved a historic win in Kerala, defeating the Left Democratic Front. This marks a significant setback for the Communist party, leaving them without any government in India. The Congress now governs four states, showcasing its Kerala unit's strength. The election also saw the incumbent government voted out, a return to Kerala's political trend.

5 May 2026 12:45 am
Europe signals retaliation if Trump raises auto tariffs

The dispute adds to tensions over a long-delayed transatlantic trade pact. The two sides reached an initial agreement last July, but EU lawmakers have yet to ratify it as they seek amendments. Trump said Friday the bloc had failed to fully comply with the deal.

5 May 2026 12:44 am
Reliance Trust challenges I-T move to cancel registration

Several prominent charitable organizations in Mumbai are facing the cancellation of their tax registrations. The tax department cites commercial activities as the reason for rejecting renewals. The Reliance charitable trust is challenging this decision. Other organizations like PD Hinduja Hospital and ISKCON are also in the process of appealing. This situation impacts tax relief for these trusts and donor deductions.

5 May 2026 12:40 am
Puducherry backs NDA for second straight term; N Rangasamy wins big

The AINRC-led NDA is poised to form the government in Puducherry. Chief Minister N Rangasamy secured victory in the Thattanchavady constituency. Election Commission figures show AINRC leading in multiple seats. The alliance requires 16 seats for a majority in the 30-member assembly. Rangasamy's win marks a significant step towards his second consecutive term as chief minister.

5 May 2026 12:39 am
UAE defends OPEC exit; Warns Hormuz must stay open amid West Asia tensions

The UAE has exited OPEC and OPEC+ stating it is a sovereign decision. This comes after an ADNOC tanker was hit by Iranian drones in the Strait of Hormuz. The UAE called it a terrorist attack. Officials emphasized the Strait of Hormuz must remain open for global economic stability.

5 May 2026 12:39 am
TVK meet in Chennai today; AIADMK and Congress tie-up options on table

The TVK party has become the largest in Tamil Nadu, leading in over 100 constituencies. Plans are now in motion to form the government. Candidates are being called to the party office. Discussions with potential allies like the Congress are expected. The DMK has accepted the election results. This marks a significant shift in Tamil Nadu's political landscape.

5 May 2026 12:35 am
In blockbuster debut, TVK emerges as single largest party

Vijay-led TVK has emerged as the single largest party in Tamil Nadu, disrupting the long-standing dominance of Dravidian parties. The actor-turned-politician's party is leading in 107 constituencies, surpassing the majority mark needed to form the government. This electoral debut saw significant gains across northern, central, and southern districts, including a major upset with CM MK Stalin losing his seat.

5 May 2026 12:35 am