The Economic Times

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.