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The Financial Express
May 6, 2026, 07:47 AM
Indian Equity Markets Cut Gains Amid Global Market Rally

Indian Equity Markets Cut Gains Amid Global Market Rally

The domestic equity markets cut all the gains in the afternoon trade. The Nifty 50 was trading flat at 24,033, while the BSE Sensex dropped 115 points or 0.15% lower at 76,903. The domestic equity markets opened Wednesday’s trade on a higher note as crude prices declined on renewed hopes of a US-Iran deal. The Nifty 50 opened the trade 201 points or 0.84% higher at 24,234, while the BSE Sensex surged 616 points or 0.80% to open at 77,634. The global markets trade on a higher note after the recent developments in West Asia , along with a drop in crude oil prices. Following this, the GIFT Nifty is indicating a higher start, up 90 points or 0.38% to trade at 24,200. Earlier on Tuesday, the NSE Nifty 50 closed the session 87 points or 0.36% lower at 24,033, while the BSE Sensex fell 252 points or 0.33% to close at 77,017. The Asian indices on Wednesday morning opened higher, tracking Wall Street gains overnight after oil prices dropped and strong earnings lifted investor sentiment. South Korea’s Kospi advanced 4.50% to scale a new peak, building on its more than 70% gains this year so far. The small-cap Kosdaq slipped 0.15%. Hong Kong Hang Seng index futures were at 25,860, compared with the index’s last close of 25,898.61. The Japanese stock market is closed due to a holiday. The US will halt an operation aimed at restoring commercial shipping via the Hormuz Strait, with a deal with Iran being finalised. But he also said a naval blockade against Iran will remain in effect. However, Trump said that “great progress” was made towards a “complete and final agreement” with Iran. The futures tied to the US equity benchmarks surged on Tuesday night after Trump said that “Great Progress” has been made toward reaching an agreement with Iran. S&P 500 futures advanced 0.3%, while Nasdaq 100 futures climbed 0.6%. Futures tied to the Dow Jones Industrial Average rose 79 points, or 0.2%. The US markets closed Tuesday’s trade on a higher note. The S&P 500 rose 0.81%, hitting a new all-time high and closing at a record of 7,259.22. The Nasdaq Composite gained 1.03%, touching a new high and notching a closing record of 25,326.13. The Dow Jones Industrial Average added 356.35 points, or 0.73%, to end at 49,298.25. West Texas Intermediate (WTI) crude futures fell 1.20% to trade at $101.05 per barrel. Brent crude futures traded 1.13% lower at $108.69 this morning. On COMEX, crude prices declined 1.15% to trade at $101.09 a barrel. The rate for 24-carat gold today is Rs 1,50,060 per 10 grams. The price of gold has risen by 0.34% from yesterday. The 24 kt gold rate today in Delhi is Rs 1,49,800 per 10 grams. The 18-carat gold price today in India is Rs 1,12,545. The 24-carat gold rate in Dubai today is Rs 1,49,590. On COMEX, the precious metal was trading at a price of Rs 4,618.90 an ounce, up 1.10%. In India, the silver rate rose 0.18% at Rs 2.44 lakh per kilogram. On COMEX, Silver prices rose 1.14% on Wednesday to trade at $74.42 per troy ounce. Silver had surged to record highs in January amid geopolitical tensions and economic uncertainty, with heavy speculative buying pushing prices higher, but soon faced volatility. Foreign institutional investors (FII) were the net sellers of shares worth Rs 3,519.06 crore. On the other hand, the Domestic institutional investors (DIIs) were the net buyers of shares worth Rs 2,756.56 crore on May 05, 2026, according to the provisional data available on the NSE. The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was down 0.22% at 98.27. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee depreciated 0.20% to close at 95.28 to the dollar on May 05. The Electronics sector’s stocks rose the most in Tuesday’s trade, rising 2.83% in market capitalisation. Further, Edible Oil stocks were followed by the Capital Market sector stocks, which were further followed by the Asset Management Companies (AMCs) stocks. However, the Restaurant sector stocks fell the most, dropping 2.3%. The Ambani Group’s market cap rose the most in Tuesday’s session, rising 2.42%. It was followed by the Vedanta Group. In the list of Vedanta Group stocks, Vedanta’s share surged 4.6%. Apart from that, Essar Group’s market capitalisation fell the most, falling 2.9%.
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The Financial Express
May 6, 2026, 07:20 AM
Vivo Set to Launch Vivo X300 Ultra and Vivo X300 FE Smartphones in India

Vivo Set to Launch Vivo X300 Ultra and Vivo X300 FE Smartphones in India

Vivo is all set for the launch of the Vivo X300 Ultra and Vivo X300 FE in India. These smartphones are expected to be an addition to the company’s premium lineup and arrive as more ambitious options than the standard Vivo X300 and X300 Pro, which were launched in India last year. While the X300 FE is expected to target buyers looking for a compact flagship experience, the X300 Ultra is expected to enter the ultra-premium segment and take on rivals such as the iPhone 17 Pro Max, Samsung Galaxy S26 Ultra, and Pixel 10 Pro XL. The launch event will take place in Delhi today, and Vivo will livestream the announcement through its official social media channels and YouTube platform. Pricing hasn’t been officially announced yet, but early leaks suggest the Vivo X300 FE could be priced around Rs 70,000, while the Vivo X300 Ultra may come in at roughly Rs 1,30,000. That said, these figures aren’t confirmed, so it’s best to wait for the official details. In terms of display, it will feature a 6.82-inch LTPO OLED display with a 120Hz refresh rate. Additionally, under the hood, the Vivo X300 Ultra will be powered by the Qualcomm Snapdragon 8 Elite Gen 5 chipset. This will be paired with up to 16GB of RAM and 1TB of storage. The device will run on Vivo’s latest Orsed on Android 16. In terms of camera, the device will sport a triple rear camera setup, including a 200MP primary sensor, a 200MP periscope telephoto lens, and a 50MP ultra-wide-angle camera. The camera system will carry ZEISS branding and support advanced features like 4K video recording at 120fps with Dolby Vision. For selfies and video calls, the phone will house a 50MP front camera. The Vivo X300 Ultra will be backed by a 6,600mAh battery with support for 100W wired fast charging and 40W wireless charging. The Vivo X300 FE sports a 6.31-inch 1.5K LTPO AMOLED display with a 120Hz refresh rate. The device is powered by the Snapdragon 8 Gen 5 processor, paired with LPDDR5x RAM and UFS 4.1 storage. In terms of optics, the phone is equipped with a triple rear setup, including a 50MP Sony IMX921 primary sensor with OIS, a 50MP Sony IMX882 telephoto lens offering 3x optical zoom, and an 8MP ultra-wide-angle camera. It comes with a 50MP selfie shooter with a 90-degree field of view. The smartphone houses a 6,500mAh battery with support for 90W wired fast charging and 40W wireless charging. It will be available in an exclusive Urban Olive colour for Indian customers, alongside Noir Black and Lilac Purple colour options. The Vivo X300 Ultra features a powerful camera setup, headlined by a 200MP main sensor, paired with a 200MP periscope telephoto lens and a 50MP ultra-wide camera for versatile shooting. The Vivo X300 Ultra supports fast 100W wired charging for quick power-ups. It also offers 40W wireless charging for added convenience. Together, these options make it easy to keep the device charged throughout the day. The Vivo X300 Ultra comes equipped with a large 6,600mAh battery. This sizable capacity is designed to deliver long-lasting performance throughout the day. It also helps support heavy usage, including gaming, streaming, and multitasking. The Vivo X300 Ultra runs on OriginOS 6, which is based on Android 16. The company has committed to providing five years of operating system updates for the device. It will also receive seven years of security updates, ensuring long-term support. The Vivo X300 Ultra is powered by the Snapdragon 8 Elite Gen 5 processor, delivering high-end performance. It offers up to 16GB of RAM for smooth multitasking and efficient operation. Additionally, the device provides storage options of up to 1TB, ensuring ample space for apps, media, and files. The Vivo X300 Ultra comes with IP68 and IP69 ratings. This means it is built to resist dust and water exposure. It can handle everyday splashes and tougher conditions without much worry. The Vivo X300 Ultra features a 6.82-inch LTPO OLED display. It offers a smooth 120Hz refresh rate for better scrolling and visuals. The large screen is designed to deliver an immersive viewing experience. The X300 FE is expected to arrive as a compact flagship, building on the success of the earlier X200 FE. In contrast, the X300 Ultra will sit at the top of Vivo’s lineup, making its debut as the company’s first “Ultra” model in India and its most premium offering so far. Both phones are expected to focus heavily on cameras, while also delivering strong performance and a premium design. Vivo has confirmed that the cameras are tuned with ZEISS to deliver high-quality photography. Pricing hasn’t been officially confirmed yet, but early leaks suggest the Vivo X300 FE could be priced at around Rs 70,000, placing it in the upper mid-range segment. The Vivo X300 Ultra is expected to be priced at around Rs 1,30,000. This would place it in the premium flagship segment.
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Free Press Journal
May 6, 2026, 06:48 AM
KP Group Deploys India's First Locally Manufactured 4.2 MW Wind Turbine

KP Group Deploys India's First Locally Manufactured 4.2 MW Wind Turbine

Surat: KP Group has taken an early lead in deploying next-generation wind energy technology by installing India’s first locally manufactured 4.2 MW wind turbine. The milestone reflects the growing shift towards larger and more efficient renewable energy systems designed and produced within the country under the government’s ‘Make in India’ initiative. First Turbine Installed The company announced that it has installed the 4.2M160 wind turbine generator manufactured by Senvion India at a site in south Gujarat. The turbine belongs to Senvion’s latest 4XM platform and has been engineered to suit Indian wind patterns and operational conditions. With a rated capacity of 4.2 MW, the turbine features a 160-metre rotor diameter and a hub height of 140 metres. According to the company, the larger swept area and advanced control systems are expected to improve energy generation efficiency, especially in low-to-medium wind regimes commonly seen across several Indian wind corridors. Focus On Localisation KP Group said the platform has been engineered and manufactured in India with more than 85 percent localisation, positioning it as a major step forward for domestic renewable energy manufacturing capabilities. The platform was also included in the Approved List of Models and Manufacturers (ALMM) in December 2025. The modular architecture of the 4XM platform is designed to support easier transportation, quicker installation and streamlined commissioning processes. The company noted that the design also improves long-term serviceability and operational reliability, which are critical factors in large-scale renewable energy projects. Management Highlights Milestone Chairman and Managing Director Dr. Faruk Patel said the installation reinforces KP Group’s commitment to adopting advanced technologies capable of enhancing generation efficiency and long-term project performance. He added that the company sees the development as part of its broader contribution to India’s clean energy transition. The company believes the project strengthens its role as a renewable energy solutions provider focused on scalable and high-performance technologies across wind and solar infrastructure. Renewable Push Continues Established in 1994, KP Group has built a presence in renewable energy and infrastructure projects over the past three decades. The company said it remains focused on supporting India’s sustainability and green energy goals through continued investments in advanced renewable technologies. The installation of the 4.2M160 turbine highlights the increasing focus on larger-capacity turbines that can improve output efficiency while supporting domestic manufacturing growth in the renewable energy sector. Disclaimer: This article is based solely on the company's press release and stock exchange filing issued by K.P. Energy Limited. No independent verification or external reporting sources were used in preparing this article.
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ANI News
May 6, 2026, 06:12 AM
US Army Conducts Major Exercise in Philippines Amid Rising Tensions with China

US Army Conducts Major Exercise in Philippines Amid Rising Tensions with China

Manila [Philippines], May 6 (ANI): Rockets from US Army HIMARS launchers ripped through the air, streaking towards ship targets that were approaching the coast of northwest Luzon in the Philippines. As the notional enemy flotilla sailed on, other military assets such as fighters, missile patrol boats, and attack helicopters began to winnow the number of enemy landing craft. For those enemy amphibious assault vehicles that made it all the way to the searingly hot beach of the La Paz sand dunes, they and their dismounted infantry were met by a barrage of artillery rounds, mortar fire, small arms, and even Stinger surface-to-air missiles. By the end of the battle, an unmanned surface vessel sat on the shore ablaze, while another disabled boat floated away. The defenders were Canada, Japan, the Philippines, and the USA, and this May 4 counter-landing live-fire exercise was just one episode in Exercise Balikatan 2026, a major annual exercise conducted in the Philippines. The war games are being held from April 20 to May 8, and with more than 17,000 troops, they represent the largest-ever drills in the Balikatan series. This year's multilateral event features troops from seven countries, the Philippines, the USA, Australia, Canada, France, Japan, and New Zealand. Of interest, the latter four nations were participating with combat troops for the very first time. Colonel Dennis Hernandez, the Philippine military's spokesperson for Balikatan 2026, remarked, "This counter-landing live-fire exercise demonstrates our growing capability to defend our shores through a multilayered, joint and combined approach, integrating land, sea, and air assets to decisively destroy threats before they reach our coastline." However, the most pertinent question to ask is who these seven nations were defending against, and what the threat to the Philippine coastline was. Military officials were careful not to name any "foe," but it was obvious that the drills were rehearsing how the partners and allies would react to a Chinese invasion of either the Philippines or Taiwan. It was evident in the enemy targets, which military commentators described as ZBDs. Notably, the ZBD-05 is an amphibious assault vehicle operated by the People's Liberation Army (PLA). Indeed, one of the unmanned targets floating at sea was designed to visually replicate the appearance of such a Chinese ZBD-05. US Army AH-64E Apache attack helicopters claimed five ZBDs killed during the two-hour live-fire exercise held near Laoag. Without mentioning China by name, General Ronald Clark, Commander of US Army Pacific (USARPAC), said Balikatan "is an opportunity for us to train in a way where you'd simulate the kinds of tasks we'd perform together in combat." Balikatan has changed focus over its history, moving from counterinsurgency and counterterrorism more than a decade ago to now focusing on "large-scale combat operations" and territorial defence. Clark said Balikatan is all about "the willingness of the partner to train on the task that they think they're going to have to perform in crisis and conflict." Another indication that Exercise Balikatan 2026 was honing in on China was the conduct of activities in Philippine island groups such as the Batanes that lie in the Luzon Strait. This maritime chokepoint is extremely important, as it separates Taiwan from the Philippines. Whoever dominates the Luzon Strait gains an immediate advantage. For the USA, for example, it can seal off this part of the First Island Chain to prevent PLA Navy (PLAN) warships from breaking out from the South China Sea into the open waters of the Pacific. Conversely, for the PLA to control the Luzon Strait and other similar waterways would enable it freedom of action and the ability to attack or invade Taiwan's east coast, rather than the west coast that sits directly opposite China across the Taiwan Strait. Clearly, any Chinese military aggression against Taiwan would entail controlling the Luzon Strait. During Balikatan 2026, the USA and allies practised rapidly inserting important weapon systems like HIMARS rocket launchers and NMESIS-launched anti-ship missiles by C-130 Hercules transport aircraft and landing craft to remote islands. In rapid insertion missions, they can launch their missiles and then rapidly withdraw the same way before the enemy can target them. In military parlance, these are known as maritime key terrain seizure operations, and they formed a vital part of this year's Philippine exercise. The maiden participation of Japanese combat troops is significant too. Quite apart from the history of World War II, Japan is as equally concerned about Chinese aggression as Manila is. Whereas dominating Philippine islands gives maritime control of waters south of Taiwan, Japan has an archipelago that can do precisely the same north of Taiwan. Clark, the USARPAC commander, said that drills like Balikatan allow participants to "set conditions with our partners, allies and the joint force, and conduct rehearsals on key terrain inside the First and Second Island Chains." He added, "Everything we can do to build the trust that's necessary, in times where we're able to train together prior to any kind of crisis or conflict, is golden." Furthermore, "Building that kind of trust with one another right now, where we have the confidence in ourselves, our soldiers, our weapons and equipment, our leadership, our tactics, and we're doing that along with our partners, it's just invaluable." Clark highlighted the importance of partnerships, for "we never go into a conflict by ourselves." He pointed out that multinational exercises like Balikatan build deterrence. Although he did not name China, this is the obvious target, for it has been aggressively bullying the Philippines and illegally claiming maritime territory within the Philippine exclusive economic zone (EEZ). "In the big scheme of things, our highest duty is to deter," the American general insisted. "For those of us that have served in conflict and served in combat, that's really what it's about, deterring war. The best way to do that is to be ready." Similarly, General Romeo Brawner Jr., Chief of the Armed Forces of the Philippines, explained that the real value of Balikatan "is showcasing our resolve to work together to defend the Philippine archipelago and to uphold the rules-based international order. So that's the more important aspect of all the exercises we're doing here." Brawner added, "It's really very important that we defend this territory of the Philippines, and we're very fortunate that we have with us partners from like-minded nations." In a US Congressional Armed Services Committee hearing on April 21, Admiral Samuel J Paparo, Commander of the US Indo-Pacific Command (INDOPACOM), was far blunter about who the primary threat is in Asia. He stated, "Our strategy is clear, we must deny China the ability to achieve its objectives through military aggression, while strengthening the network of alliances and partnerships that constitutes our greatest asymmetric advantage." The cooperation and coordination exhibited in exercises like Balikatan are necessary because, as Paparo testified, China "uses coercive behaviour and overt aggression to exert its excessive claims, including harassing the Philippines, Japan, and other Southeast Asian partners." He shared that the Indo-Pacific is a zone "where intense economic competition meets escalating geopolitical friction. This demands a combat-ready joint force to deter any attempt to subvert a free and open Indo-Pacific. No nation can dominate the United States or our allies." To maintain equilibrium and deter any Chinese aggression against the likes of Taiwan, Paparo asserted, "To achieve this, we are committed to establishing a robust denial defence and creating a military posture in the Western Pacific that renders aggression infeasible, escalation unattractive, and conflict unbearable. This strategy of deterrence by denial strengthens the foundation for effective diplomacy. It also ensures the joint force remains capable of executing decisive global strikes." Already, the US military has had to significantly restructure and reequip to meet the demands of modern warfare and counter the peer threat that China poses. In Balikatan, there was a preponderance of unmanned systems, including drones, loitering munitions, and unmanned surface vessels. Counter-drone systems were also in evidence. Clark said leveraging new technologies "makes us more lethal, more survivable. If we can see first, sense first, strike first, protect always, sustain as required, then that's really where we want to focus technology." He added, "Lucky for us, we're exceptionally well resourced." Another method to improve readiness is finding ways to overcome the tyranny of distance in the vast Asia-Pacific theatre. Clark admitted, "The things that are most difficult for me really are about how do you clone yourself to be in all the places you need to be?" He pointed out that "it's the ability to be in the region in multiple locations with partners and allies in ways that matter for me and my command." "What we're trying to do over the course of time is to continue to identify places, not bases, where we can forward-locate the sustainment that's necessary for our teammates to utilise in crises and conflicts. Setting the theatre is one of our primary responsibilities, and we try to do that through campaigning." Paparo explained in April's Armed Services Committee hearing, "The PLA regularly demonstrates its growing capability and capacity through persistent, provocative pressure operations. Beijing will not rule out the use of force against Taiwan, its increasingly aggressive actions near Taiwan serve not just as exercises, but as rehearsals for potential forced unification." This is true, but exercises like Balikatan demonstrate how the USA and allies are not idly sitting by and allowing China to gather a head of steam. Balikatan 2026 was therefore all about America and its closest allies rehearsing how to defend against Chinese aggression. All these war games in numerous locations around the Philippines were obviously of great interest to China. As the event opened, China warned the Philippines and its friends that they were "playing with fire." The Southern Command of the PLA later reported that a four-ship naval task force sailed near Luzon in response to "the current regional situation." Among the vessels was a Dongdiao-class intelligence-gathering ship designed to soak up signals and electronic emissions. Chinese naval and air assets also conducted patrols near Scarborough Shoal, a maritime feature within the Philippine EEZ that Beijing seized in 2012 and over which it maintains de facto control. The Southern Theater Command said in a statement that its activities "are meant to resolutely safeguard China's territorial sovereignty and uphold peace and stability in the South China Sea ." The Philippines responded to such claims, saying, "This appears to be another instance of information operations designed to project a false sense of control and to justify their illegal, coercive and aggressive presence within the Philippines' EEZ." Paparo warned, "The Indo-Pacific is the decisive theatre for American security and prosperity in the 21st century. We must act with urgency to strengthen deterrence, enhance warfighting readiness and force posture, procure critical capabilities, and deepen partnerships. The investments we make today will determine whether we prevent conflict through credible deterrence, or face war under suboptimal conditions." For his part, as head of the US Army in the region, Clark offered encouragement, "We're in a much, much better and more focused and opportune setting than we were ten years ago when I served in this headquarters." (ANI)
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Pudhari
May 6, 2026, 05:59 AM
NSE Successfully Dematerializes Gold Bar, Paving Way for Digital Gold Investing

NSE Successfully Dematerializes Gold Bar, Paving Way for Digital Gold Investing

NSE has successfully dematerialized a 1000 gram gold bar and converted it to EGR. This proves that the digital transformation of physical gold is possible and feasible. This is a clear indication that the system is actually working and ready for investors. Official response Shri Ram Krishnan, Chief Business Development Officer, NSE said that the concept of EGR can change the way people in India look at gold. With the help of robust technology and liquidity, investing in gold will become more transparent and reliable. Also, gold will be positioned as a modern financial asset and will promote financial inclusion.
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Western Times logo
Western Times
May 6, 2026, 05:39 AM
IMD Predicts Heavy Rainfall, Thunderstorms Across 15 Indian States

IMD Predicts Heavy Rainfall, Thunderstorms Across 15 Indian States

New Delhi: The India Meteorological Department (IMD) has predicted heavy rainfall with thunderstorm, gusty winds and hail in 15 states of the country. The weather department has issued an'Orange'and'Yellow'alert for this. The activation of the Western Disturbance will bring relief to the regions reeling under scorching heat, but at the same time the risk of lightning and hail has also increased. The wind speed in the plains is likely to reach 70 kmph. Noida, Ghaziabad and Gurugram, including the capital Delhi, will experience cloudy weather and light rain today. The maximum temperature here is expected to be 32 degrees and the minimum 23 degrees. On May 6, the mercury may reach 37 degrees, but thunderstorms will persist. Several districts of UP including Meerut, Aligarh, Prayagraj, Varanasi and Kanpur will see a major change in weather today. Wind speeds of about 50 kmph are expected. The temperature in Lucknow is expected to hover around 30 degrees.
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The Financial Express
May 6, 2026, 05:38 AM
Ambit Capital Turns Positive on FMCG Stocks Amid Soft Earnings Cycle

Ambit Capital Turns Positive on FMCG Stocks Amid Soft Earnings Cycle

Consumer staples could see a stronger June quarter as pricing power returns, volume growth improves and defensive sectors draw fresh institutional interest amid a softer earnings cycle. Ambit Capital turns tactically positive on FMCG stocks, arguing that the June quarter has historically been the sector’s strongest stretch and that slowing earnings momentum elsewhere could push money back into defensive names. Nifty earnings growth is cooling after several quarters of strong expansion, foreign institutional investors continue to pull money out of Indian equities, and market valuations remain elevated. Against that backdrop, Ambit believes staples are positioned to outperform on a relative basis despite margin pressure. The brokerage’s preferred names include ITC , Godrej Consumer Products , Britannia Industries and Marico . It also retains an ‘Overweight’ stance on the sector in its model portfolio. Ambit’s core argument rests on seasonality. Since 2000, FMCG stocks deliver average returns of about 5% in the second quarter of the calendar year, with median returns at roughly 7.1%. During the same period, the Nifty FMCG index outperforms the broader Nifty around 60% of the time in the April-to-June quarter. Between 2011 and 2025, the sector posts positive returns in 87% of second quarters, with median returns of 8.9%, according to the report. Ambit says the case for FMCG strengthens further because the market is entering what it describes as a “slowdown environment” in its growth-rate cycle framework. Historically, quality-focused portfolios tend to outperform in such periods, and FMCG accounts for nearly 30% weight in the Nifty 200 Quality 30 index. Over the previous phases of rising market concentration between 2010-13 and 2017-20, FMCG ranks among the top three performing sectors relative to the NSE500 index, the brokerage notes. The brokerage expects staples companies to report better revenue momentum over the next few quarters as price hikes begin flowing through and rural demand steadies. According to Ambit, FMCG sales growth could rise to 9-10% from 6-7% earlier, helped by price increases of 3-12% across categories to offset inflation in key raw materials. The report also points to improving volume growth after disruptions linked to GST-led channel transitions ease. For several quarters, staples companies rely largely on volume recovery while pricing stays muted. That equation is now changing as companies push through selective hikes. Still, input cost pressure remains visible across edible oils, packaging and select agri commodities. The report warns that margins could remain under strain even as topline growth improves. Ambit expects Nifty Q4FY26 profit after tax growth to remain largely flat year-on-year, a moderation from the pace seen over previous quarters. Sales growth is also expected to normalise, although EBITDA growth could remain relatively stable. BFSI companies are expected to remain the primary support for index earnings. Ambit estimates Nifty BFSI PAT growth at 9% year-on-year for the March quarter, while Nifty ex-BFSI earnings could decline 2%. Reported earnings so far marginally beat expectations. Aggregate Nifty PAT growth exceeds estimates by roughly 4%, according to the report. Among FMCG companies, Nestle India reports sales rising to Rs 6,700 crore from Rs 5,500 crore, while PAT increases to Rs 1,100 crore from Rs 900 crore. Hindustan Unilever posts PAT growth to Rs 3,000 crore from Rs 2,500 crore. Meanwhile, IT and pharma stocks outperform last week, while banks lag sharply. Smallcaps continue to beat largecaps on a year-to-date basis, although more than half of NSE200 stocks close lower during the week ended April 30. Ambit points to stretched valuations as another reason investors may rotate toward quality and defensive sectors. Its preferred valuation gauge, the Buffett Indicator or market-cap-to-GDP ratio, currently stands at around 125%, a 27% premium to the 10-year average of 98%. The brokerage says Indian equities remain expensive despite recent corrections in parts of the market. Ambit also says industrial production growth slows to 4.2% in March 2026 from 5.1% in February, marking the weakest reading in five months. Several consumer-linked sectors outside automobiles either contract or show limited growth. The report links some of the weakness to disruptions caused by the West Asia conflict. Imports and exports are both hit, crude prices remain elevated and the rupee weakens sharply against the dollar. “Growth holds up in most urban indicators, but there appears a lack of meaningful acceleration,” the brokerage says in its activity tracker. It adds that prolonged geopolitical tensions and rising inflation could hurt consumption trends. FIIs remain net sellers in April 2026 with outflows of $4.4 billion, although the intensity of selling moderates from March levels. Domestic institutional investors remain net buyers for the 33rd straight month with inflows of $5.1 billion. Britannia Industries is among the companies that record the sharpest increase in delivery volumes during the week, according to Ambit’s analysis of NSE 200 trading patterns. Short covering also becomes prominent in IT and auto counters, signalling unwinding of bearish positions after recent corrections. Beyond the FMCG call, Ambit argues that factor investing strategies linked to quality and low volatility tend to outperform during economic slowdowns, while pure value strategies struggle. The brokerage says slowdown phases historically see low-volatility strategies generate nearly 12% alpha while quality strategies deliver around 5%, according to the report. Ambit’s model portfolio reflects that approach. Alongside financials and telecom, the brokerage retains exposure to FMCG names including Godrej Consumer Products and Marico, while ITC remains unrated and Britannia carries a sell recommendation on valuation grounds. With earnings growth cooling, valuations remaining elevated and consumption indicators uneven, defensive sectors are moving back into focus for institutional investors.
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The Financial Express logo
The Financial Express
May 6, 2026, 05:37 AM
Coforge Share Price Jumps 10% After Strong Q4 Results, Brokerages Positive on Earnings Visibility

Coforge Share Price Jumps 10% After Strong Q4 Results, Brokerages Positive on Earnings Visibility

The share price of Coforge jumped 10% in early trade today (May 6) after the company announced its March quarter (Q4) results on May 5. Both Nuvama and Motilal Oswal are positive on the stock, highlighting strong earnings visibility, improving margins, and a healthy deal pipeline. While Nuvama sees a potential upside of up to 88% with a target price of Rs 2,200, Motilal Oswal has also maintained a ‘Buy’ rating with a target of Rs 1,800, implying around 54% upside from current levels. Let’s take a look at the brokerages take on this stock – According to the Nuvama report, Coforge delivered a solid operational performance in the fourth quarter. “Revenue was $489 million, +2% QoQ, in-line with our estimate of +2% QoQ. EBIT margin expanded 230bp QoQ to 16.6%, significantly beating estimates,” added the brokerage in its report. Profit performance also remained strong. “Adjusted PAT of Rs 470 crore was above our estimate of Rs 430 crore too.” The brokerage also highlighted strong future visibility backed by order wins. Further, the brokerage added, “12-month executable order book was strong at USD 1.7 billion (+16.4% YoY).” According to the brokerage report, deal momentum continued to support growth. The company signed multiple large deals during the quarter, taking total deal wins for the year to a higher level. The report added, “Order intake was stable at $648 m (+9.3% QoQ/-69.5% YoY) with a strong 12-month order backlog of $1,752 million (+2% QoQ/+16.4% YoY).” This provides visibility into future revenue, even as some segments like banking, financial services, and insurance (BFSI) remained weak in the near term. However, management expects recovery in these segments going forward. One of the key takeaways from the Nuvama report is the company’s shift in strategy. Nuvama noted, “With adequate growth comfort, Coforge is now chasing higher profitability, cashflows, striving to make the business fundamentally superior.” The brokerage has also revised its earnings estimates upward. “We are revising FY27E/28E EPS (+7.5%/+8.0%)…Retain ‘Buy’ with a target price of Rs 2,200.” Motilal Oswal in its report added that structural changes in the business are expected to improve profitability over time. One such step is the exit from the India government pass-through business, which could impact short-term growth but improve margins. The report noted, “Exiting the India pass-through business improves working capital as well as margin profile.” Another important trigger is margin guidance. “EBIT margin guidance receives a meaningful upgrade…at least 100-150bp above our earlier estimates.” Motilal Oswal also pointed to increasing demand for artificial intelligence-led services. According to the brokerage report, “Demand is shifting from experimentation to production-grade deployments with a focus on agent orchestration, enterprise workflows and managed services around AI systems,” noted the brokerage house. The brokerage remains positive on valuations as well. “We continue to view Coforge as a structurally strong mid-tier player…We value Coforge at 26x FY28E EPS with a target price of Rs 1,800.” Going forward, key factors to watch include the recovery in the BFSI segment, execution of large deals, margin expansion, and growth in AI-led services. According to the brokerage reports, Coforge may continue to see short-term volatility, but earnings visibility and order book strength are set to support the long-term outlook.
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Navbharat Times
May 6, 2026, 05:30 AM
One Year After India's Operation Sindoor: A Warning of Potential Future Crisis

One Year After India's Operation Sindoor: A Warning of Potential Future Crisis

Washington: It has been a year since India's Operation Sindoor. On this day, India carried out precision strikes on 9 terror launch pads in Pakistan and PoK. The two countries were in conflict for nearly 4 days, during which India carried out precision strikes on 11 Pakistani airbases. Pakistan attacked India during this period with nearly 1000 drones and missiles, which were intercepted by India's multi-layered air defence system. A variety of expert opinions are being written on the passage of a year of this conflict on the ground. On Tuesday, the Washington Post wrote that the world is probably underestimating last year's conflict between India and Pakistan. The paper wrote, "You can understand how chaotic the world environment is. As we approach the first anniversary of a direct war between two opposing nuclear powers, very few Americans remember this." The paper went on to say that another crisis "is probably not a question of when or if" this "non-contact" conflict will occur. "
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The Financial Express
May 6, 2026, 05:10 AM
Domestic Investors Take the Lead: Motilal Oswal Recommends Buying Opportunities

Domestic Investors Take the Lead: Motilal Oswal Recommends Buying Opportunities

Domestic institutional investors now hold more of Indian equities than foreign funds for the first time in recent memory. Motilal Oswal notes that the FII-DII ratio in the Nifty-500 has contracted to 0.8x. Against this backdrop, the brokerage has put out detailed ‘Buy’ recommendations on companies spanning financials, cement, infrastructure and defence. The DII ownership in Nifty-500 companies has now increased to an all-time high of 20.9% in March 2026, even as foreign institutional investors retreat to a multi-year low of 17.1%. The central finding from Motilal Oswal’s latest ownership analysis is that domestic institutional investor inflows have not just held steady through one of the most turbulent years in recent memory but have actually accelerated. In the first quarter of calendar year 2026, domestic institutional investors pumped about Rs 2.72 lakh crore into Indian equities, riding an unwavering Systematic Investment Plan run rate, even as foreign institutional investors sold about Rs 1.58 lakh crore in the same period, with March 2026 alone accounting for about Rs 1.42 lakh crore of that exodus after the Iran-Israel conflict reignited. “Domestic investors have continued to repose their unstinted faith in Indian equities, demonstrating strong resilience and an impressive capacity to absorb volatility over the past few years,” Motilal Oswal writes in its ownership analysis. Sectorally, domestic institutional investors raised their holdings in 21 of 24 sectors year-on-year, with the biggest increases visible in private banks, technology, telecom, real estate and healthcare. Foreign institutional investors cut positions in 17 of 24 sectors over the same period, with their allocation in technology stocks falling to an all-time low of 7.3% in March 2026, down 280 basis points year-on-year. “Once the war dust settles, there is a high likelihood of a better FII flow environment, and even an abatement in outflows will be taken positively by the market, while a full-blown positive flow can lead to sharper rallies,” the brokerage adds in the same report. A look now at the key Buy recommendations by Motilal Oswal Motilal Oswal has a target price of Rs 1,900 on Cholamandalam Investment & Finance , implying a 16% upside, premised on 3.6 times the March 2028 estimated book value per share. The non-banking finance company posted fourth quarter financial year 2026 profit after tax of Rs 1,640 crore, growing roughly 30% year-on-year and beating Motilal Oswal’s estimate by 8%. Business assets under management grew 21% year-on-year to Rs 2,24,000 crore at the end of the quarter, with newer business segments now forming 13% of the overall mix. Net interest margin on a calculated basis rose 10 basis points quarter-on-quarter to 7.1%, while gross Stage 3 assets improved 30 basis points quarter-on-quarter to 3.05%, pointing to a meaningful recovery in credit quality across the book. “Management highlighted that early delinquency indicators and non-starters have improved significantly in April 2026 compared to April 2025 and April 2024, indicating better credit quality at the origination level,” Motilal Oswal states in its results note. The company has guided credit costs lower to approximately 1.5% in financial year 2027 from a pre-overlay figure of 1.6% in financial year 2026. Motilal Oswal retains a ‘Buy’ on Ambuja Cements with a revised target price of Rs 530, implying 19% upside, valued at 16 times financial year 2028 estimated enterprise value to earnings before interest, taxes, depreciation and amortisation, trimmed from an earlier target of Rs 560. The fourth quarter financial year 2026 was a stumble by any measure. Consolidated earnings before interest, taxes, depreciation and amortisation fell 22% year-on-year to Rs 1,460 crore, missing Motilal Oswal’s estimates by 17%, dragged down by higher fuel, freight and packing costs alongside operating inefficiencies in recently acquired assets. Earnings before interest, taxes, depreciation and amortisation per tonne declined 28% year-on-year to Rs 736 against an estimate of Rs 884, while capacity targets of 140 to 155 million tonnes per annum have been deferred by one to two years, now pointing towards financial year 2030. “Cost escalation in the fourth quarter of financial year 2026 was a negative surprise, driven by higher fuel, freight, packing costs, and operating inefficiencies in acquired assets,” Motilal Oswal notes, though it adds that management believes the first quarter of financial year 2027 marks the peak of cost per tonne. The brokerage has cut its earnings before interest, taxes, depreciation and amortisation estimates by 13% for financial year 2027 and 3% for financial year 2028, but maintains its long-term conviction on internal cost efficiency measures and the benefits of operating on a unified cement platform. Motilal Oswal has a sum-of-the-parts based target price of Rs 430 on Aditya Birla Capital, implying 24% upside, based on March 2028 estimates. The diversified financial conglomerate posted fourth quarter financial year 2026 consolidated profit after tax of Rs 1,120 crore, up 30% year-on-year excluding one-off items, with the full financial year 2026 figure rising 21% to Rs 3,800 crore. The combined non-banking finance company and housing finance company lending book grew 32% year-on-year to Rs 2,08,000 crore, and the housing finance company arm emerged as the standout performer with assets under management surging 53% year-on-year to Rs 47,500 crore. The company has guided for assets under management of Rs 1,00,000 crore across its housing finance business over the next 24 to 30 months. “Management highlighted that credit costs are at their lowest levels in the past few years and expects them to remain broadly stable at approximately 1.1% to 1.2% in financial year 2027,” Motilal Oswal writes in its fourth quarter update. Total assets under management across the asset management company, life insurance and health insurance businesses grew 16% year-on-year to Rs 5,91,000 crore. The brokerage expects a consolidated profit after tax compound annual growth rate of approximately 30% over financial year 2026 to 2028, with return on equity reaching approximately 16% by financial year 2028. Motilal Oswal values APL Apollo Tubes at 35 times financial year 2028 estimated earnings per share, arriving at a target price of Rs 2,250 which implies 20% upside. The structural steel tubes maker posted fourth quarter financial year 2026 earnings before interest, taxes, depreciation and amortisation growth of 24% year-on-year, with earnings before interest, taxes, depreciation and amortisation per metric tonne rising 14% year-on-year to Rs 5,525. Volume grew 9% year-on-year, and market share expanded to 60% to 65% from approximately 55% a year earlier. For the full financial year 2026, revenue, earnings before interest, taxes, depreciation and amortisation and profit after tax grew 12%, 50% and 59% year-on-year respectively, while cash from operations improved sharply to Rs 2,100 crore from Rs 1,200 crore in March 2025. “APL Apollo Tubes reported a healthy operating performance in the fourth quarter of financial year 2026 despite geopolitical headwinds, with strong performance in January and February partially offset by a subdued performance in March,” Motilal Oswal notes in its results update. Management trimmed financial year 2027 volume growth guidance to 15% to 20% from a prior 20% given geopolitical uncertainty, while raising earnings before interest, taxes, depreciation and amortisation per metric tonne guidance from Rs 5,000 to Rs 5,500, signalling confidence in the company’s pricing power even as volume visibility stays tempered. The data from Motilal Oswal’s ownership analysis tells a story that goes well beyond individual stock calls. Domestic institutional investors now own 22% of large-cap Nifty-500 stocks, a figure that stood at just 13.3% in March 2016, while foreign institutional investors have slipped to 19.3% of large-cap holdings over the same period. The cushion that domestic money provides against bouts of foreign selling is thicker than it has ever been, and that structural depth is what gives Motilal Oswal the confidence to maintain its preference for large and mid-cap stocks in its model portfolio through a period of sustained geopolitical and commodity price volatility.
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DD News
May 6, 2026, 05:06 AM
Tamil Nadu Braces for Heavy Rainfall and Strong Winds as Southwest Monsoon Conditions Strengthen

Tamil Nadu Braces for Heavy Rainfall and Strong Winds as Southwest Monsoon Conditions Strengthen

The Regional Meteorological Centre (RMC) in Chennai has forecast heavy rainfall accompanied by strong winds across several districts of Tamil Nadu over the next few days due to a trough extending from Madhya Pradesh to Tamil Nadu. According to the weather department, the trough currently passes through the Gulf of Mannar region and stretches across Theni, Dindigul, Karur, Tiruchy, Namakkal, Erode, and the Nilgiris. As a result, many parts of the state are likely to receive intense rainfall along with gusty winds reaching speeds of up to 50 kmph on Tuesday. The RMC said heavy rain and strong winds are expected on Wednesday in the hilly and western districts, including Nilgiris, Tiruppur, Theni, Tenkasi, Tirunelveli, Kanyakumari, and Coimbatore. Authorities have advised people living in vulnerable and low-lying areas to remain cautious, especially in regions prone to landslides and waterlogging. The weather department has also predicted widespread rainfall activity on May 7 in districts such as Nilgiris, Coimbatore, Tiruppur, Erode, Theni, Tenkasi, Madurai, Virudhunagar, Tirunelveli, and Kanyakumari. Thunderstorms accompanied by lightning and winds blowing at speeds of around 40 kmph are likely in several southern and western districts. Districts including Dindigul, Thoothukudi, Ramanathapuram, Sivaganga, and other adjoining areas are also expected to experience moderate to heavy rain with thunderstorms over the coming days. Officials said intermittent showers and cloudy conditions are likely to continue across many parts of the state through the weekend. Meanwhile, the RMC has specifically warned of heavy rainfall in Mayiladuthurai and Pudukkottai districts on May 8 and 9. Fishermen have also been advised to exercise caution while venturing into the sea due to the possibility of rough weather conditions along the coast. State disaster response teams and district administrations have been asked to stay alert and monitor vulnerable regions as the southwest monsoon conditions begin to strengthen gradually over southern India. (IANS)
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Amar Ujala
May 6, 2026, 04:57 AM
Asthma Cases Among Children Rise Due to Environmental Changes

Asthma Cases Among Children Rise Due to Environmental Changes

ExpandAdd as a preferredsource on google Environmental changes in the age of play are also affecting children between six and 12 years of age. Asthma symptoms in children are very different from adults. Asthma is usually caused by inflammation and narrowing of the airways. It causes difficulty in breathing. At the same time, there is a big change in the lifestyle of children. At the same time, early fatigue is a major cause of asthma in children. Children with asthma try to avoid normal physical activity. Now the number of asthma patients increases every season. Read Trending videos Generation after generation. Before the disease, such cases were increasing in hospitals during fog in most winter seasons, but now there is an increase in asthma patients during cold, drought, pollen and allergies. Dust and soil are also causing asthma. According to the health department experts, the disease rate of children is also very different. IGU and children's disease registrar, Dr. Ankur Sharma, asthmatologist, said that asthmatics are effective in treating asthma in adults.
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Indian Express
May 6, 2026, 04:54 AM
Indian Badminton Players Express Frustration Over Lack of Recognition After Thomas Cup Bronze Medal Win

Indian Badminton Players Express Frustration Over Lack of Recognition After Thomas Cup Bronze Medal Win

HS Prannoy rues that the Thomas Cup isn’t called the ‘World Cup’. Chirag Shetty says they don’t expect airport receptions, just basic appreciation by Indians for a tough medal won. Satwiksairaj Rankireddy is determined he won’t let his kids play badminton – the apathy he witnessed after India returned with a bronze medal, as well as gold in 2022, has broken his heart. Through a media interaction facilitated by SAI, and another later that included Chirag-Satwik together, India’s finest doubles pairing, spoke of what is rankling them so intensely. Excerpts: Satwik, what prompted your post that ‘nobody cares’ about India winning a Thomas Cup bronze medal this time? Satwik: I never share anything usually. I let go of things. But this time, I exploded. Someone has to speak up. It’s okay if I’m seen as the villain. In the last six months, I’ve been thinking that do only people who do bad things become popular. (When we crave appreciation), as players, we don’t want big things. No, we don’t want prize money. Even if a kid walks up to us and says, ‘Bhaiyya you played well or we want a picture with you’, we are happy. What triggered this? Satwik: We were at the airport, taking a seven-hour flight back from Germany to Hyderabad . Nobody even asked us who we are, what medals we have won. There were so many Indians, many Telugus. We were wearing Thomas Cup jerseys. But everyone was busy with IPL , politics, whatever. Same thing when we won gold in 2022. We should have celebrated much more. People don’t realise these chances might not come again. It is very tough to win the Thomas Cup, even medalling is tough. When we landed at the airport, all the players were just booking cabs, Prannoy, Srikanth, Dhruv. Nobody around seemed to notice. My friends came to pick me up, but I felt really sad looking around at that airport scene – top athletes trying to book cabs. Chirag, your thoughts? Chirag: It was that feeling that ‘still nobody cares.’ See, we never expected people would come to the airport to receive us. Last time when we won, we were well received, we met the PM, and we were felicitated. But the way it should be celebrated, it wasn’t. Those who watch badminton appreciate it, but the general public just doesn’t know the magnitude of the 2022 win. Makes me sad that we are not yet a sporting nation. There’s only a little that the government and the federation can do. Their schemes are terrific. But the sporting ecosystem doesn’t celebrate achievements. Satwik, what does this do to your morale? Satwik: When Chirag’s dancing celebration reel went viral, I was happy. But I remembered how somebody plays some random thing, and it gets 1 million followers. And I ask myself, ‘Why?’ Here we are fighting to win, and if we get injured, there’s no replacement for us. We play without support and under immense pressure in team events. But even a title was not enough last time. Again this time. I told Prannoy I’ll not let my kid play badminton. If you are strong mentally, you’ll manage, but otherwise it’s really tough to keep going on like this (with a large part of the country oblivious to our performance). Frankly, at the Hyderabad academy, we were felicitated, and that small bouquet and cake cutting was enough. We don’t expect anything grand. Do you think pre-tie selection discussions or even criticism is actually a good thing – that people care enough to talk about badminton? Satwik: Those who watch and are really genuine do put out good tweets. I even kept screenshots because I would feel good. But in February, at the Asian Team Championships in China, I needed to leave after three matches, because there was a puja at home for my father’s death anniversary. There were social media comments about, “how could he just leave the team?” These things stay in your head and really affect badly. Not all youngsters are going to be strong, and will struggle badly. I left Twitter (now X), might leave Insta too. And I’m happy that way. Even this time, they said, ‘Why can’t you beat France and why are you shooting reels after bronze?’ I wanted to say, even we wanted gold. We are more disappointed than any of you. But I decided not to get into it. Satwik, why were you not in the dancing reel of Chirag that became popular? You didn’t like the steps? Satwik: That was the only argument I had with Chirag this time. We had been in the stadium for 4-5 hours, and were to take a bus to the hotel at 7pm and the flight at 3am. I was tired, so I told them let’s shoot it later. The thing is, I wanted to finish packing and have a free mind. Chirag: Prannoy sent the trend to me, and we decided to go ahead with it. We dragged Ayush (Shetty) when he was returning from laundry and made him dance. Now, some people (Satwik) are angry, and sitting in the corner sulking about missing out.
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Business Standard
May 6, 2026, 04:51 AM
India Announces Emergency Credit Line Guarantee Scheme 5.0 to Support Companies Amid West Asia War

India Announces Emergency Credit Line Guarantee Scheme 5.0 to Support Companies Amid West Asia War

Shares of NBFC are buzzing in trade today after the government announced an Emergency Credit Line Guarantee Scheme 5.0 (ECLGS) to help companies meet working capital needs amid the challenges posed by the West Asia war.The Nifty Financial Services index gained more than 1 per cent to trade at 25,990 as of 9:30 AM. Among the constituents, Cholamandalam Investment and Finance Company, Bajaj Finance, and Shriram Finance gained more than 2 per cent each to quote at ₹1,710, ₹977, and ₹985, respectively. Jio Financial Services was up 1.2 per cent at ₹251.35.L&T Finance surged nearly 4 per cent to trade at ₹301, while Aditya Birla Capital (₹367.20), Poonawalla Fincorp (₹445), and SBFC Finance (₹94.55) were up in the range of 1 to 2 per cent.Sunny Agrawal, head of fundamental research at SBI Securities, said that the scheme is a sentimentally positive forNBFCswith strong MSME exposure as well as the aviation industry.The scheme, having an outlay of ₹18,100 crore, I&B Minister Ashwini Vaishnaw said, would help airlines and MSMEs impacted by the West Asia crisis. The scheme is expected to help in providing additional credit flow of ₹2.55 lakh crore, including ₹5,000 crore."The scheme has been brought to address the stress inMSMEand airline sectors due to the West Asia conflict," the Minister said.The scheme will remain open until March 31, 2027, and will be implemented via the National Credit Guarantee Trustee Company. It will cover existing borrowers as of March 31, 2026.Aditya Birla Capital top pick by analyst"It bodes well for NBFCs and banks with meaningful exposure to MSME lending. The scheme is expected to support credit demand and provide a sustained growth impetus for these lenders going forward," Sunny Agrawal said.Also ReadStock Market LIVE: Sensex erases gains; Nifty below 24,100; SRF shares jump 9% on strong Q4 resultSRF share price soars 9% on strong Q4, ₹2,300 crore Odisha investment planBagmane Prime Office REIT IPO fully subscribed on Day 2; check GMP, detailsVedanta soars 17% in 3 days, hits new high post demerger; more upside left?Canara, PNB, BoB, Indian Bank gain up to 3%; what's driving PSU banks?Among NBFCs, players such as Aditya Birla Capital and Poonawalla Fincorp, along with several MSME-focused banks, are likely to be key beneficiaries over the medium to long term, the analyst said."Within this space, Aditya Birla Capital remains our top pick, supported by its strong March quarter performance, which we expect to sustain over the next 2–3 years," he added.ECLGS 5.0: Salient featuresEligible borrowers:MSMEs and non-MSMEs with existing working capital limits and scheduled passenger airlines having outstanding credit facilities, as of March 31, 2026, provided their accounts are standard.Guarantee coverage:100 per cent for MSMEs and 90 per cent for non-MSMEs as well as airline sectorALSO READ:SBI Q4 results preview: Profit may drop up to 12% on treasury lossGuarantee fee:NilQuantum of support:Additional credit up to 20 per cent of peak working capital utilised duringQ4FY26(capped at ₹100 crore). For airlines up to 100 per cent (capped at ₹1,500 crore per borrower, subject to satisfying certain specific conditions).Tenor of loan:5 years from the date of first disbursement including moratorium of 1 year for MSMEs/Non MSMEs. 7 years from the date of first disbursement including moratorium of 2 years for airline sector.Vinod Nair, head of research, Geojit Investments, said that with flexible repayment terms and moratoriums, the scheme aims to ease liquidity stress from West Asia disruptions. Besides, by providing timely liquidity, the government also aims to sustain the businesses and also prevent job losses."This reduces credit risk and provisioning needs, while improving loan growth visibility for NBFCs," he said.===========Disclaimer: View and outlook shared belong to the respective brokerages/analysts and are not endorsed by Business Standard. Readers' discretion is advised.
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Amar Ujala
May 6, 2026, 04:51 AM
Rajasthan Weather: Heavy Rain and Hail Bring Relief but Disrupt Daily Life

Rajasthan Weather: Heavy Rain and Hail Bring Relief but Disrupt Daily Life

ExtensionAdd as a preferredsource on google The weather took a sudden turn on Tuesday evening in the Samdadi area of the district. People got relief from the scorching heat due to strong winds, thunder clouds and rain accompanied by hail, but the situation of waterlogging was created in many areas. Also Read: Rajasthan Weather: Heavy rain and hail for about half an hour changed the weather of the whole area. After the scorching heat of the day, passersby and motorists were seen running to the rescue of shops and houses, which affected the life for a while. Advertisement The rain caused waterlogging in Samdadi and nearby low-lying areas. Traffic was affected due to waterlogging on many roads and the speed of vehicles was stopped. Locals say that this is the situation during every rain, which causes a lot of trouble to the general public. Also Read - Rajasthan Weather: Relief for the next few days, after 9th May, the heat wave, accompanied by dust storm and rain, brings down the temperature
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Amar Ujala
May 6, 2026, 04:51 AM
Chhattisgarh Experiences Relief from Heat as Heavy Rains Bring Temperature Down

Chhattisgarh Experiences Relief from Heat as Heavy Rains Bring Temperature Down

ExtensionAdd as a preferredsource on google The weather in Chhattisgarh has suddenly taken a turn and brought relief to the people from the scorching heat. Many areas, including the capital Raipur, received heavy rains on Tuesday evening, bringing the temperature down. The effect of the change in weather has been felt throughout the state. The maximum temperature has dropped by 2 to 4 ° C, especially in northern and central Chhattisgarh, due to which the mercury has now reached below 40 ° C in most places. Read Trending Videos According to the Meteorological Department, thunderstorms, strong winds and rain activities may continue in different parts of the state for the next two days. Light rain and thundershowers are expected in some areas of southern Chhattisgarh for the next five days. According to weather scientists, western disturbances and various cyclonic circulation systems are active, which are causing instability in the atmosphere.
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Business Standard
May 6, 2026, 04:43 AM
SBI Q4 Results Preview: Treasury Income Expected to Dent Profit

SBI Q4 Results Preview: Treasury Income Expected to Dent Profit

SBI Q4 results preview:State Bank of India could see a major dent in its profit in the March quarter of FY26 (Q4FY26) as analysts expect a significant decline in the public sector bank’s treasury income.The anticipated change in profit, however, varies across brokerages in the range of -12 per cent to +8 per cent year-on-year (Y-o-Y).SBI Q4 results date, timeSBI said a meeting of the Central Board of the Bank will be held on Friday, May 8, 2026, to consider the financial results of the bank for the quarter and year ended March 31, 2026.The bank also said an ‘Analyst Meet’ will be conducted on May 8, 2026 at 5.15 PM post Q4FY26 results announcement.SBI dividend announcementSBI shareholders may note that the Board could also consider declaration of dividend, if any, for the FY26.Also ReadStock Market LIVE: GIFT Nifty gains 200 pts; Kospi hits new high; US seeks Iran dealSwiggy Q4 preview: Loss may narrow YoY, rev to rise 40%; QC growth eyedStocks to Watch today: Hero MotoCorp, Paytm, L&T, Bajaj Auto, PolicybazaarOnEMI Technology IPO allotment today; check status, GMP, listing dateNifty strategy, May 6: Key levels; L&T Finance, CG Power among top picksSBI Q4FY26 results expectation: Brokerages share profit, NII, loan growth estimatesNomuraAnalysts at Nomura expect SBI’s net profit to remain flat in Q4FY26, at ₹18,700 crore, compared to ₹18,640 crore in Q4FY25. The profit may, however, decline around 11 per cent quarter-on-quarter (Q-o-Q).Likewise, the brokerage expects SBI’s operating profit to slip 6 per cent Y-o-Y and 10 per cent Q-o-Q to ₹29,540 crore in the March quarter.Nomura said Q4FY26 PAT headwind is treasury-driven as yields on government securities have hardened during the quarter.That said, the bank’s net interest income (NII) may rise around 9 per cent Y-o-Y/3 per cent Q-o-Q to ₹46,620 crore on the back of a healthy 17 per cent Y-o-Y (5 per cent Q-o-Q) loan growth and 11 per cent Y-o-Y (5 per cent Q-o-Q) deposit growth.In absolute terms, loan book is seen at ₹48.50 trillion and deposit book at ₹59.74 trillion.“NIMs may remain steady at 2.7 per cent vs 2.8 per cent in Q3FY26. Yield repricing is expected to be offset by CoF reduction,” the brokerage said.The management’s commenatry on deposit mobilisation strategy, NIMs trajectory, and credit cost outlook will be key monitorables.Kotak Institutional EquitiesAnalysts at Kotak Institutional Equities expect a 12 per cent Y-o-Y and approximately 22 per cent Q-o-Q fall in Q4 profit to ₹16,474 crore.They also see an 11 per cent yearly decline in operating profit at ₹27,743.5 crore, led by lower treasury income. The brokerage estimates non-interest income to fall by 35 per cent Y-o-Y/14.3 per cent Q-o-Q to ₹15,730.5 crore.KIE said it is building 6 per cent Y-o-Y growth in NII at ₹45,361.4 crore, despite 14 per cent loan growth, due to higher cost of funds and pass through of recent rate cuts.Advances are seen at ₹47.48 trillion and Deposits at ₹58.38 trillion (up 8 per cent Y-o-Y/2.4 per cent Q-o-Q).The brokerage expects NIM to contract by 9 bps Y-o-Y and 7 bps Q-o-Q to 2.7 per cent.“We expect slippages at ~0.9 per cent of loans (normalisation of slippages over time) but no fresh concerns are likely in any portfolio for the bank. We are likely to see lower recovery and upgrades as well,” it said.Nuvama Institutional EquitiesNuvama analysts remain optimistic about SBI’s Q4 earnings as the brokerage sees around 8 per cent Y-o-Y rise in the net profit at ₹20,090 crore.This is supported by a 10-per cent jump in NII (₹47,090 crore), and a mere 5.7 per cent Y-o-Y decline in other income (₹16,340 crore), keeping total revenue flat at ₹66,550 crore.Nuvama Equities, however, sees a 54.7 per cent Y-o-Y slide in Treasury income at ₹3,120 crore.Further, with a 0.1 per cent Y-o-Y rise in operating expenditure, the brokerage pegs Operating profit at ₹30,810 crore, down just 1.5 per cent Y-o-Y.Opex may rise 16.5 per cent and Operating profit may fall 6.2 per cent sequentially.As regards asset quality, Nuvama expects provisions to decline by 37.5 per cent Y-o-Y and 10.7 per cent Q-o-Q to ₹4,020 crore. Further, gross NPAs are seen falling around 8 per cent Y-o-Y/4 per cent Q-o-Q to ₹70,860 crore.Slippages, however, are seen rising 12 per cent Y-o-Y/flat Q-o-Q to ₹4,840 crore.Mirae Asset SharekhanAnalysts at Mirae Asset Sharekhan estimate SBI’s Q4FY26 NII to rise 9.1 per cent Y-o-Y to ₹46,664.2 crore, aiding a 7.9-per cent rise in net profit at ₹20,116.4 crore.This, it said, would be on the back of a 14.5-per cent Y-o-Y loan growth. The brokerage sees NIMs broadly stable with lagged deposit benefits.Strong fee income and benign credit costs could offset treasury pressure and higher opex, it added.
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Live Hindustan
May 6, 2026, 04:37 AM
Rajasthan's Weather Sees Sudden Turn with Thunderstorms and Clouds Bringing Relief

Rajasthan's Weather Sees Sudden Turn with Thunderstorms and Clouds Bringing Relief

In Rajasthan, the weather has once again taken a turn in the first week of May. While people have got relief from the heat due to thunderstorm and cloud activity in many parts of the state, the temperature continues to fluctuate. The Meteorological Center Jaipur has issued a yellow alert of thunderstorm and rain in 7 districts of the state on 6 and 7 May. On Tuesday, the maximum temperature was recorded below 40 ° C in most districts of the state. The heat wave was relatively less in the entire state except in two cities. However, Barmer was once again the hottest city of the state, where the temperature was recorded higher than other districts. The temperature in the districts of northwest and northeast Rajasthan such as Bikaner, Churu, Ganganagar, Phalodi, Jodhpur and Jaisalmer dropped by 2 to 4 ° C due to light winds and moisture. After Tuesday afternoon, the weather deteriorated rapidly.
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EI Samay
May 6, 2026, 04:33 AM
Heat Wave Expected in West Bengal as Weather Changes

Heat Wave Expected in West Bengal as Weather Changes

According to the Meteorological Department, the weather is likely to change again on Wednesday and Thursday. The people of the state may feel uneasy due to the intense heat. There are two cyclonic circulations in Odisha and Madhya Pradesh. Apart from this, there is a trough from Chhattisgarh to Manipur, which is causing a lot of water vapour to enter Bengal. That is why the weather is going to change throughout the state. The sky in Kolkata is going to be sunny from Wednesday morning. The Meteorological Department has said that there is no possibility of rain in Kolkata for the time being. The sky will be clear and partly cloudy throughout the day. But the sun will rise as the day progresses. As a result, the people of the state will have to suffer from the uncomfortable heat till Sunday. Today, Wednesday's minimum temperature in Kolkata is 26.0 ° C, which is 0.8 ° C, which is 0.6 ° C above normal. The maximum temperature in South Bengal is 30.8 ° C, which is 4.6 ° C. From Wednesday to Friday, scattered thunderstorms are expected in South Bengal. Along with strong easterly winds, gusty winds from Midnapore, West Midnapore, and West Midnapore are expected to
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DD News
May 6, 2026, 04:21 AM
Arsenal Reach Champions League Final for Second Time

Arsenal Reach Champions League Final for Second Time

Arsenal reached the Champions League final for only the second time in their history with a gritty 1-0 home win over Atletico Madrid sealing a 2-1 aggregate victory in the semi-final on Tuesday. Captain Bukayo Saka’s tap-in just before the interval proved decisive for Arsenal to edge a cagey second-leg contest in which the hosts kept a ninth clean sheet in this season’s competition. Mikel Arteta’s side will face either holders Paris St Germain, who knocked them out in last season’s semi-finals, or Bayern Munich in the Puskas Arena in Budapest on May 30 — a week after they hope to have sealed their first Premier League title for 22 years. Arsenal’s only previous Champions League final appearance was in 2006 when they lost to Barcelona. Over the balance of the two legs, Arsenal just about shaded Atletico whose dangerous frontline were largely kept in check on a night of tension and then unbridled joy in north London. Saka’s return from injury could not have come at a better time for Arsenal. He scored in the 3-0 win over Fulham at the weekend and was alert to poke home a rebound in the 44th minute after Jan Oblak parried Leandro Trossard’s shot at his feet. “It was a high-pressure game. It meant a lot to both sides. We managed it well,” Saka said. “Sometimes it bounces for you and sometimes it doesn’t but it fell for me and we’re in the final now.” Arsenal’s season was faltering a few weeks ago but is now bubbling towards what could be a glorious crescendo. A day after Manchester City’s stumble in a draw at Everton left Arsenal within touching distance of a first English title since 2004, they are now one step from European glory. Whoever they face will be wary of a clinically efficient Arsenal side with history on their minds. STYLE POLICE On the eve of the game Arsenal’s fans had organised a loud firework display outside Atletico’s east London hotel — prompting a complaint to UEFA by the Spanish club. In truth, the second leg was hardly a sparkling occasion on the pitch, although the Arsenal players cared not one jot as they celebrated loud and long after the final whistle. The style police will point to the contrast between this often tetchy semi-final and the nine-goal riot of attacking football served up by PSG and Bayern, who will go at it again in Munich on Wednesday. What cannot be disputed is the way Arsenal nullified an Atletico attack containing Julian Alvarez, Marcos Llorente and Antoine Griezmann, the latter suffering heartbreak in what will be his last European game for the Madrid club. Alvarez slotted a chance wide early on and Arsenal’s Declan Rice made a crucial interception soon after. But the hosts were rarely troubled and Saka’s goal was perfectly timed. “When we went 1-0 up, I knew we were going to win. I could feel something special building,” the tireless Rice said. Atletico came out with greater purpose in the second half and there was an anxious moment for the hosts when Giuliano Simeone looked set to level after bursting clear but Gabriel did enough to avert the danger with the visitors claiming a penalty. Arsenal should have given themselves breathing space when Piero Hincapie fed a ball across the penalty area and Viktor Gyokeres blazed a shot over the bar with the goal gaping. The scrappy nature of the tense latter stages suited Arsenal as rain-soaked Atletico coach Diego Simeone became increasingly animated and was booked, as was Arsenal’s Arteta. Atletico’s night was summed up when Alexander Sorloth swung and missed the ball with a rare late chance. (Reuters)
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Siasat News
May 6, 2026, 04:19 AM
Telangana Hit by Heavy Storms; More Rain Expected Until Saturday

Telangana Hit by Heavy Storms; More Rain Expected Until Saturday

Hyderabad received isolated rains during the early morning of Wednesday, May 6. More downpours are expected today. Last night, intense storms lashed various parts of Siddipet, Jangaon, Mancherial, Asifabad, Bhupalapally, and Peddapalli. As per a weather enthusiast, T. Balaji, on his X handle Telangana Weatherman, wrote that thunderstorms are expected in Rangareddy, Nalgonda, Suryapet, and Khammam. Meanwhile, the India Meteorological Department (IMD) Hyderabad has forecast thunderstorms, lightning, squalls, etc., till Saturday, May 9. The weather department has also forecast light to moderate rains or thundershowers accompanied by gusty winds on Wednesday. It also forecast a partly cloudy sky and hazy conditions during morning hours till Saturday. In view of the expected weather conditions, including rains as forecast by IMD Hyderabad, residents need to plan their travel accordingly.
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Indian Express
May 6, 2026, 04:16 AM
CSK Stun Delhi Capitals with Dominant Win

CSK Stun Delhi Capitals with Dominant Win

After a promising start, Delhi Capitals are meandering towards the familiar territory of irrelevance as the IPL season enters its business end. After a win over Rajasthan Royals, the home game against Chennai Super Kings was a must-win encounter. But the timid manner of their eight-wicket defeat, combined with their poor net run rate, means that a playoff spot is now a long shot. CSK , on the other hand, kept the feel-good vibes going with a third successive win and they had their ‘Chetta’ to thank again to guide them to what was a comfortable win in the end. There’s still little room for error but the five-time champions are trending the right way. Getting a 100 in around 40 balls is good for a batter’s highlight reel. But once in a while, when the pitch is not an ally, one has to find different ways to skin a cat. Sanju Samson , has got two hundred in the first season for his new franchise, but his unbeaten innings of 87 off 52 balls on Tuesday showed that he has become a changed player since his heroics in the T20 World Cup. At Delhi , Samson couldn’t go for every ball and had to pick his moments. He had lost his captain early and Urvil Patel, who was threatening to break loose, was gone with 45 on the board in the seventh over. The surface needed some circumspection and Samson played his role to perfection. Rotating strike wasn’t easy so the CSK opener focused on hitting every ball in his hitting arc to the boundary and beyond. His first maximum proved that six-hitting needn’t involve violence. Axar Patel had given him just a hint of room in the second over and Samson gave himself some more before lofting the ball, almost apologetically, over wide mid-off for a six. That set the template for the match-winning innings, where Samson didn’t fight the pitch but focused on timing to target the short boundaries. And he knew when to put his foot on the gas. When Lungi Ngidi, returning after his scary injury in the game against Punjab Kings , bowled a tight 14th over giving away only a single, the equation read 50 needed off 36 balls. That’s when Samson took matters into his own hands. The next over, bowled by T Natarajan, went for 20, including two sixes and a four, and the match was over as a contest. So much so, that the game was done and dusted with two and a half overs to spare. But Samson couldn’t have done it all by himself. A match-winning stand of 114 off 66 balls needs a foil and young Kartik Sharma played an impressive hand of 41 in 31 balls. Sometimes the biggest quality a captain needs is courage. But then perhaps, if you have a Powerplay bowling expert such as Akeal Hosein, getting him to bowl three overs out of the first six isn’t quite that big a risk. But having a spinner to bowl the last over of the Powerplay comes with an inherent risk, when the batters at the crease are proficient against spin and looking to accelerate after a quiet start to the innings. Delhi Capitals had already lost Pathum Nissanka and were struggling to get away. KL Rahul , the leading run-scorer in the tournament, was at the crease trying to come to terms with a surface that was slow and low, and assisting the spinners. In short, the typical pitch one would expect at Delhi’s Arun Jaitley Stadium. The home team had managed to reach only 36/1 in five overs and needed to optimise the last six deliveries before the field spread when Chennai Super Kings skipper Ruturaj Gaikwad took the call. Akeal foxed one of the best players of spin with some traditional skill. The ball was flighted and DC ’s best batter was foxed in the air as the delivery dipped and turned enough to miss the middle of the bat. The miscue didn’t even cross the circle. The three overs that the left-arm spinner from the Caribbean bowled inside the Powerplay brought returns of 1/15, part of a spell of 1/19 with as many as 14 dot balls. But the fact that this seemed almost expected and CSK got some stick for leaving him out for a crucial game that really speaks of his importance for his franchise. Overseas spinners are not always the sought-after commodity in the IPL. When CSK, who pride themselves on their spin resources, went for a foreign pairing – Akeal with Afghan Noor Ahmad – it seemed a risk. When the home team was reduced to 69/5 in 11 overs, the decision was vindicated once again. If CSK, after a forgettable start to the tournament, are still in the running for a playoff spot, Akeal has a big role in it. Brief scores: DC 155/7 in 20 overs (Rizvi 40 not out, Stubbs 38; Noor 2/22, Hosein 1/19) lost to CSK 159/2 in 17.3 overs (Samson 87 not out, Kartik Sharma 41 not out) by eight wickets
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TV9 Hindi
May 6, 2026, 04:10 AM
Banana for Skin: A Natural Remedy for Glowing Complexion

Banana for Skin: A Natural Remedy for Glowing Complexion

Banana For Skin: Dust, mud, and pollution have the greatest effect on our skin. Due to these, the face becomes dull. Tanning and complete loss of glow has become common. In such a situation, getting glowing and healthy skin has become no less than a challenge. Although expensive beauty products and treatments are resorted to for this. But due to the presence of chemicals in them, they can further damage your skin after a long time. Therefore, it is important to take natural and home remedies. Sometimes simple things in our kitchen prove to be the most effective for skin, one of them is banana. Yes, banana is not only a boon for health but also for the skin. The vitamins, minerals, and antioxidants present in it nourish the skin, make it soft, and help to bring a natural glow. But just add one thing to the banana and read this article.
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EI Samay
May 6, 2026, 04:00 AM
Data Deletion Myths: Understanding the Risks to Your Privacy

Data Deletion Myths: Understanding the Risks to Your Privacy

Kunal BasuMany of us think that deleting a photo or a file deletes it forever. But that's not the case at all. Sometimes the deleted data is left somewhere, which can be a big risk to your privacy. When you delete the file before you sell or reset the phone, the system simply deletes the file's "access" or address. The original data stays in memory until new information is overwritten. This is where recovery software can be used to recover old data. Even on cloud platforms like Google Drive or Dropbox, after deleting files, they remain in the "Trash" folder or "Version History" for several weeks. Log out of all accounts Encrypt the device, making it impossible to recover the data. Delete the old folder at least twice before resetting the phone. Check the "Trash" history or "Permission" history and "Permission" before performing a transaction.
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The Financial Express
May 6, 2026, 03:50 AM
Indian Equity Markets Open Higher on Wednesday

Indian Equity Markets Open Higher on Wednesday

The domestic equity markets opened Wednesday’s trade on a higher note as crude prices declined on renewed hopes of a US-Iran deal. The Nifty 50 opened the trade 201 points or 0.84% higher at 24,234, while the BSE Sensex surged 616 points or 0.80% to open at 77,634. The global markets trade on a higher note after the recent developments in West Asia , along with a drop in crude oil prices. Following this, the GIFT Nifty is indicating a higher start, up 90 points or 0.38% to trade at 24,200. Earlier on Tuesday, the NSE Nifty 50 closed the session 87 points or 0.36% lower at 24,033, while the BSE Sensex fell 252 points or 0.33% to close at 77,017. The Asian indices on Wednesday morning opened higher, tracking Wall Street gains overnight after oil prices dropped and strong earnings lifted investor sentiment. South Korea’s Kospi advanced 4.50% to scale a new peak, building on its more than 70% gains this year so far. The small-cap Kosdaq slipped 0.15%. Hong Kong Hang Seng index futures were at 25,860, compared with the index’s last close of 25,898.61. The Japanese stock market is closed due to a holiday. The US will halt an operation aimed at restoring commercial shipping via the Hormuz Strait, with a deal with Iran being finalised. But he also said a naval blockade against Iran will remain in effect. However, Trump said that “great progress” was made towards a “complete and final agreement” with Iran. The futures tied to the US equity benchmarks surged on Tuesday night after Trump said that “Great Progress” has been made toward reaching an agreement with Iran. S&P 500 futures advanced 0.3%, while Nasdaq 100 futures climbed 0.6%. Futures tied to the Dow Jones Industrial Average rose 79 points, or 0.2%. The US markets closed Tuesday’s trade on a higher note. The S&P 500 rose 0.81%, hitting a new all-time high and closing at a record of 7,259.22. The Nasdaq Composite gained 1.03%, touching a new high and notching a closing record of 25,326.13. The Dow Jones Industrial Average added 356.35 points, or 0.73%, to end at 49,298.25. West Texas Intermediate (WTI) crude futures fell 1.20% to trade at $101.05 per barrel. Brent crude futures traded 1.13% lower at $108.69 this morning. On COMEX, crude prices declined 1.15% to trade at $101.09 a barrel. The rate for 24-carat gold today is Rs 1,50,060 per 10 grams. The price of gold has risen by 0.34% from yesterday. The 24 kt gold rate today in Delhi is Rs 1,49,800 per 10 grams. The 18-carat gold price today in India is Rs 1,12,545. The 24-carat gold rate in Dubai today is Rs 1,49,590. On COMEX, the precious metal was trading at a price of Rs 4,618.90 an ounce, up 1.10%. In India, the silver rate rose 0.18% at Rs 2.44 lakh per kilogram. On COMEX, Silver prices rose 1.14% on Wednesday to trade at $74.42 per troy ounce. Silver had surged to record highs in January amid geopolitical tensions and economic uncertainty, with heavy speculative buying pushing prices higher, but soon faced volatility. Foreign institutional investors (FII) were the net sellers of shares worth Rs 3,519.06 crore. On the other hand, the Domestic institutional investors (DIIs) were the net buyers of shares worth Rs 2,756.56 crore on May 05, 2026, according to the provisional data available on the NSE. The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was down 0.22% at 98.27. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee depreciated 0.20% to close at 95.28 to the dollar on May 05. The Electronics sector’s stocks rose the most in Tuesday’s trade, rising 2.83% in market capitalisation. Further, Edible Oil stocks were followed by the Capital Market sector stocks, which were further followed by the Asset Management Companies (AMCs) stocks. However, the Restaurant sector stocks fell the most, dropping 2.3%. The Ambani Group’s market cap rose the most in Tuesday’s session, rising 2.42%. It was followed by the Vedanta Group. In the list of Vedanta Group stocks, Vedanta’s share surged 4.6%. Apart from that, Essar Group’s market capitalisation fell the most, falling 2.9%.
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Dainik Bhaskar
May 6, 2026, 03:44 AM
India Hit by Heavy Rains and Hailstorms, Bringing Relief from Heat

India Hit by Heavy Rains and Hailstorms, Bringing Relief from Heat

Rains continued to lash north, central and south India on Tuesday. Heavy rains lashed Chhattisgarh. Heavy rains caused knee-deep water on National Highway-30 at Charama in Kanker. Rainwater entered people's homes in Janakpur in Manendra. Several trees were uprooted by a thunderstorm in Pendra. Heavy rains accompanied by hailstorms lashed Ghaziabad in UP. Rains brought the maximum temperature down below 40 ° C across UP. This brought relief to people from the sweltering heat. Barmer and Phalodi in Rajasthan recorded temperatures below 40 ° C in all other cities. Rains also lashed Bihar and Madhya Pradesh. Bihar recorded 89.70 mm rainfall in the last 24 hours, which is above normal. The state will continue to receive thunderstorms till May 7. 28 districts of MP are on alert for thunderstorms on Wednesday. North India is likely to experience a fresh bout of heatwave.
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Indian Express
May 6, 2026, 03:39 AM
Indian Celebrities Bring Cultural Flair to 2026 Met Gala

Indian Celebrities Bring Cultural Flair to 2026 Met Gala

Coupling the theme “Costume Art” with the dress code “Fashion is Art”, the 2026 Met Gala witnessed Indian celebrities introducing a touch of ethnic culture and tradition to the Metropolitan Museum of Art at Fifth Avenue in Manhattan, New York. Isha Ambani Adorning herself in a gold saree conceived by Gaurav Gupta and styled by Anaita Shroff Adajania, Isha Ambani’s saree fabric was woven using real gold by the artisans of Swadesh collective. This team comprised over 25 artisans dedicated upwards of 1200 hours during the creation of the fabric. This saree’s border shows hand painted pichwai motifs that are symbolic of nature. The border also featured ancient rock-cut murals like those seen in the Ajanta caves. Utilizing zardosi, a Persian embroidery technique, this entails using fine metal wires to create a heavy, opulent look. Additionally, a crochet needle was used to create a sharp and fine chain stitch known as aari. The mural’s finish also creates a 3D sculpted effect on the fabric termed relief embroidery. Artist Trilok Soni, along with six artisans, spent 150 hours hand-painting the border. Pichwai is a 400-year-old traditional art form from Nathdwara, Rajasthan, featuring intricate, hand-painted scenes on cloth dedicated to Lord Krishna. Her blouse was adorned with over 1,000 diamonds including old-mine solitaires, emeralds, polki, and rose and table-cut diamonds in kundan, all of which comes from her mother Nita Ambani’s private collection. She also carried a hand-painted bronze mango by artist Subodh Gupta nestled in a custom crochet 3.10 by Guggi. The look was completed with a jasmine-inspired hair sculpture by Brooklyn-based artist Sourabh Gupta – a reinterpretation of the traditional gajra. Karan Johar made his Met Gala Debut in a bandhgala paired with tailored trousers and a dramatic embroidered cape seemingly inspired by the 19th Century artist Raja Ravi Varma. Titled “Framed in Eternity,” his look was designed by Manish Malhotra and styled by Eka Lakhani. The design drew inspiration from iconic works like Hamsa Damayanti, specifically the swan motif, Lady with a Lemon. It is the centrepiece of the design, Kadambari, Arjuna and Subhadra and There Comes Papa. Every motif has been entirely hand painted, with the artisans having spent over 5,600 hours on it. For the textile to boast the same finishing touch as an actual painting, the embroidery has been treated with acrylic and oil finishes followed by a varnishing. The borders are built on rubberised bases layered with zardozi. To give them a sculptural, raised quality like paint thickly laid onto canvas, the borders have been built on rubberised bases layered with zardozi. Raja Ravi Varma is called the “father of modern Indian art” for his oil painting which merged European academic realism with Indian mythological themes. His importance comes from humanising deities, creating iconic, emotive depictions of figures like Saraswati, Shakuntala, and Damayanti that defined Indian visual culture. Manish Malhotra For his second consecutive outing at the Met Gala, Manish Malhotra framed it as a heartfelt letter to Mumbai and the people behind his label. He paired an Indian bandhgala with a cape embroidered with the names and signatures of its makers, many of whom have worked with Malhotra over the decades. Across the surface of the cape are references to the Taj Mahal Palace Hotel, the Gateway of India and Chhatrapati Shivaji Terminus, alongside trains, taxis and scenes from everyday city life including the miniature of a master embroiderer mid-stitch, a tailor bent over a cutting table. Demanding more than 960 hours to create the garment, the labour process involved 50 artisans across Mumbai and Delhi . Dori work, zardozi, chikankari and kasab are worked across the cape in white and ivory. The signatures of embroiderers, tailors, and karigars appear within the embroidery. Gauravi Kumari and Swamai Padmanabh Singh (Pacho Jaipur) Princess Gauravi Kumari and Sawai Padmanabh Singh(the Maharaja of Jaipur) outfits were designed by designer Prabal Gurung. Interestingly, both carry a mark of the city/state that they belong to. Gauravi’s look draws directly from her grandmother, Maharani Gayatri Devi, whose chiffon saris and pearls remain among the most recognisable elements of her wardrobe. The colour of the saree, pink, holds its own associations. Jaipur pink (the pink city being Jaipur) links the garment back to place as much as to family. For Pacho (as the Maharaja is popularly known), the focus was to bring the Phulghar coat to the forefront. Developed with Gurung and realised in Jaipur by Yash , Ashima Tholia and their team, the coat is constructed in deep velvet. It is quilted in cotton with aari and zardozi embroidery and finally finished with dabka and resham. Sudha Reddy Hyderabad -based business woman Sudha Reddy worked with designer Manish Malhotra and stylist Mariel Haenn On to create her ensemble look for the Met Gala built around the Tree of Life. It is a motif drawn from Kalamkari traditions in Andhra Pradesh and Telangana with motifs recurring across the garment. The Kalpavriksha (a mythical wish-fulfilling tree in Hinduism, Buddhism, and Jainism which symbolizes abundance, prosperity, and divine blessings) runs through the central composition, while the Palapitta, which is closely related to the Bathukamma festival of Telangana, appears alongside Jammi Chettu and Tangedu. These are plants used in local ritual practices and tied to seasonal cycles. The symbols of the Sun and Moon are worked into the same surface, referencing cycles of time tied to harvest and festival calendars. Kalamkari textiles have historically functioned as narrative panels, carrying mythology and devotion through cloth. Kalamkari is an ancient Indian art of hand-painting or block-printing on textiles, originating in Andhra Pradesh and Telangana and mandates using natural dyes and a bamboo pen (kalam). It features intricate designs of mythological figures, flora, and fauna and includes two main styles: Srikalahasti (hand-painted) and Machilipatnam (block-printed) The surface is built through zardozi and resham embroidery, carried through without reducing the density of the work. Ananya Birla Ananya Birla arrived at the Met Gala wearing Robert Wun couture styled by Rhea Kapoor. It featured a silk-wool-cotton blazer cut with a plunging neckline and a flared peplum hem with a powder blue wool-silk shirt underneath. The pleated ballroom skirt was made of gun-metal glass organza. She wore a custom shiny mask fashioned out of spoons, dabbas and karchis by Indian artist Subodh Gupta. Gupta’s mask is made from stainless steel and acrylic, using traditional Indian utensils. Diya Mehta Jatia Dressed by designer Mayyur Girotra, Mehta’s look brought together two distinct Indian crafts – Shola from West Bengal and Kanjeevaram or Kanchipuram weaving from Tamil Nadu . Intricate carvings and sculptural relief-like details were woven into the outfit and then layered over a rich Kanjeevaram base, crafted using gold and silver threads. Follow our daily newsletter so you never miss anything important. On Wednesday, we answer readers' questions. Shola craft is an age-old art in Bengal making delicate, intricate, decorative objects from the soft, supple and porous core of the Shola stem. It is light weight and resistant to decay from water. Shola is an annual aquatic herb which grows in the wild, in marshy, waterlogged areas. It is also referred to as Indian cork. Kanjeevaram (or Kanchipuram) sarees are premium, traditional silk sarees from Tamil Nadu, India, renowned for their thick silk, vibrant colors, and intricate gold or silver zari work. They are characterized by contrasting borders, temple-inspired patterns, and durable, luxurious fabric
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Business Standard logo
Business Standard
May 6, 2026, 03:37 AM
IPL 2026: Sunrisers Hyderabad vs Punjab Kings - A Crucial Clash in the Playoff Race

IPL 2026: Sunrisers Hyderabad vs Punjab Kings - A Crucial Clash in the Playoff Race

The playoff race in the Indian Premier League (IPL) 2026 is intensifying, and match 49 brings a crucial clash as Sunrisers Hyderabad (SRH) take on Punjab Kings (PBKS) at the Rajiv Gandhi International Stadium on May 6.PBKS sit at the top with 13 points from nine matches, while SRH are close behind in third with 12 from ten. A win here could solidify a top-two push, while defeat may slightly loosen their grip on the playoff race.Both teams boast strong batting units but have struggled for consistency with the ball. PBKS will be concerned about their pace trio leaking runs, while SRH too have relied heavily on a couple of bowlers to deliver breakthroughs.With both sides coming off defeats, expect an aggressive approach as they look to regain momentum in a tightly packed points table battle.Now, before the two sides finally take the ground, let’s take a look at the captaincy record of both skippers, their expected playing 11 combinations, and key player match-ups for the game.ALSO READ:IPL 2026: SRH vs PBKS Playing 11, live toss and match time, streamingPat Cummins’ captaincy record in IPL 2026 (SRH)Matches: 3Wins: 2Losses: 1N/R: 0Win percentage: 66.66%Shreyas Iyer’s captaincy record in IPL (PBKS)Matches: 96Wins: 56Losses: 37N/R: 3Win percentage: 60.21%IPL 2026: SRH playing 11 vs PBKSSunrisers Hyderabad head into this clash looking to quickly recover from their loss to KKR that ended a five-match winning streak. Captain Pat Cummins returns as a key figure, strengthening both leadership and the pace attack. The batting unit remains largely reliable, with Travis Head rediscovering form through consecutive fifties, while Abhishek Sharma and Heinrich Klaasen continue to provide consistency.SRH’s bowling has been a standout feature this season. Youngsters like Eshan Malinga, along with Praful Hinge and Sakib Hussain, have delivered effectively in the death overs, giving the side balance. Their ability to close out innings makes them a dangerous unit, especially in home conditions.Sunrisers Hyderabad playing 11 (probable):Abhishek Sharma, Travis Head, Ishan Kishan (WK), Heinrich Klaasen, Salil Arora (WK), Aniket Verma, Nitish Kumar Reddy, Pat Cummins (C), Harsh Dubey, Praful Hinge, Eshan MalingaImpact player:Sakib HussainSRH squad for IPL 2026:Travis Head, Ishan Kishan, Heinrich Klaasen, Smaran Ravichandran, Aniket Verma, Abhishek Sharma, Brydon Carse, Harsh Dubey, Kamindu Mendis, Nitish Kumar Reddy, Pat Cummins, Jaydev Unadkat, Harshal Patel, Zeeshan Ansari, Salil Arora, Praful Hinge, Liam Livingstone, Shivam Mavi, David Payne, Amit Kumar, Sakib Hussain, Eshan Malinga, Krains FuletraIPL 2026: PBKS playing 11 vs SRHPunjab Kings come into the match under pressure after back-to-back defeats halted their strong run at the top of the table. Led by Shreyas Iyer, PBKS will be keen to address issues in both departments. Their aggressive top order—Priyansh Arya, Prabhsimran Singh, and Cooper Connolly—has recently struggled with consistency, often leaving the middle order exposed.The middle order, featuring players like Marcus Stoinis, has yet to consistently build partnerships under pressure. Bowling remains a concern, with key names such as Arshdeep Singh and Marco Jansen unable to fully control the flow of runs. Punjab will need sharper execution to regain momentum.Punjab Kings playing 11 (probable):Prabhsimran Singh (WK), Priyansh Arya, Cooper Connolly, Shreyas Iyer (C), Suryansh Shedge, Nehal Wadhera, Marcus Stoinis, Marco Jansen, Xavier Bartlett, Arshdeep Singh, Yuzvendra ChahalImpact players:Harpreet Brar, Vishnu Vinod, Vijaykumar Vyshak, Musheer Khan, Mitch OwenPBKS squad for IPL 2026:Priyansh Arya, Prabhsimran Singh (w), Cooper Connolly, Shreyas Iyer (c), Marcus Stoinis, Nehal Wadhera, Shashank Singh, Marco Jansen, Xavier Bartlett, Arshdeep Singh, Yuzvendra Chahal, Vijaykumar Vyshak, Harpreet Brar, Suryansh Shedge, Yash Thakur, Vishnu Vinod, Ben Dwarshuis, Lockie Ferguson, Azmatullah Omarzai, Mitchell Owen, Harnoor Singh, Musheer Khan, Pyla Avinash, Vishal Nishad, Praveen DubeyIPL 2026: SRH vs PBKS key player battlesSRH batters vs PBKS bowlersBatter (SRH)Bowler (PBKS)InnsRunsOutsSRTravis HeadYuzvendra Chahal4501200Travis HeadArshdeep Singh8593140Travis HeadMarcus Stoinis3551212Abhishek SharmaYuzvendra Chahal5471247Abhishek SharmaLockie Ferguson6381173Abhishek SharmaArshdeep Singh8851198Abhishek SharmaMarco Jansen2390325Ishan KishanYuzvendra Chahal8573168Ishan KishanArshdeep Singh7394186Heinrich KlaasenYuzvendra Chahal101413204Heinrich KlaasenArshdeep Singh7243104Nitish Kumar ReddyHarpreet Brar2450225PBKS batters vs SRH bowlersBatter (PBKS)Bowler (SRH)InnsRunsOutsSRShreyas IyerEshan Malinga2430287Shreyas IyerHarshal Patel5343179Shreyas IyerPat Cummins4420191Marcus StoinisHarshal Patel5282156Check IPL 2026 latest news and statistical video highlights of the day hereCheck IPL 2026 full schedule hereCheck IPL 2026 points table here
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Indian Express
May 6, 2026, 03:35 AM
RBI Deputy Governor Suggests Tweaking Inflation Target Framework Amid Global Uncertainty

RBI Deputy Governor Suggests Tweaking Inflation Target Framework Amid Global Uncertainty

Reserve bank of India (RBI) Deputy Governor Poonam Gupta on Tuesday said India could perhaps consider tweaking the level of inflation and the tolerance band a bit if growth-inflation mix evolves as it has in the past ten years with robust growth, and lower and more stable inflation. “But if the global environment remains as challenging as it has been during the past six years, it would warrant both predictability and flexibility inherent in the existing framework,” she said at an NCAER seminar. The government, after consultation with the central bank, has notified the inflation target framework for a five-year period through March 31, 2031. As per the framework, the RBI has to keep inflation at 4% (+/-2%) from FY27-FY31. Gupta said the case for retaining the 4% target rests on several mutually reinforcing factors. “First, 4% target was as per the assessment of the RBI’s Expert Committee in 2014. They established it as the rate at which macroeconomic conditions were deemed to be optimised with a zero-output gap,” she said. “Subsequent re-estimations of trend inflation for India also reiterated this assessment. Second, current 4% target is considered to be suitable to its stage of economic development when compared with other inflation-targeting economies,” Gupta said. Advanced economies (AEs) such as US, UK, Euro Area, Japan, Canada and others, cluster around a 2% target, reflecting the lower equilibrium inflation rates associated with their advanced and low-growth economies. “On an ongoing basis, RBI too, on its part, can consider some further refinements, particularly with regard to more engagement on its core inflation measures. More, better, and timely communication has been a work in progress and will continue to remain so,” she said. Emerging markets and developed economies (EMDEs) are placed at a higher range between 2.5 % and 4%. India’s 4% target places it at the upper end of the EMDEs, Gupta said. “Thus, the analytical arguments, suggestions received and international experiences seem to favour 4% target as optimal for India,” Gupta said. Gupta said renewal of India’s inflation targeting framework through March 2031, has come at a moment of considerable global uncertainty. “Geopolitical tensions, supply chain disruptions, energy price volatility, and an uneven global growth outlook have made the macroeconomic environment more complex and less predictable,” she said. In this context, the decision to preserve the framework’s core architecture including the headline CPI inflation target of 4% and the ±2% tolerance band is a policy choice of consequence, she said. “The review strengthens the framework precisely when it is most needed,” she said.
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Indian Express
May 6, 2026, 03:33 AM
Tech Roundup: OnePlus Pad 4, GOBOULT Mustang GT20/GT40, OPPO Find X9 Ultra, Billie Eilish's Roblox Experience, and Truecaller Spam Report

Tech Roundup: OnePlus Pad 4, GOBOULT Mustang GT20/GT40, OPPO Find X9 Ultra, Billie Eilish's Roblox Experience, and Truecaller Spam Report

With multiple launches, announcements, and developments happening at once, keeping up with the latest in tech and gadgets can feel overwhelming. From smartphones and laptops to wearables, audio devices, smart home products, and AI tools, today’s lineup covers it all. In this roundup, we take a quick look at the most notable launches of the day, focusing on their key features, pricing, and availability. Whether you’re following trends or planning your next purchase, here’s a snapshot of everything new in the tech world today. OnePlus has announced the open sale of the OnePlus Pad 4 in India, powered by the Snapdragon 8 Elite Gen 5 chipset for PC-level performance. The tablet features a 13.2-inch 3.4K display with a 144Hz refresh rate, Dolby Vision, and a productivity-focused 7:5 aspect ratio. It packs up to 12GB RAM, 512GB storage, and a large 13,380mAh battery with 80W fast charging. Running on OxygenOS 16, it offers enhanced multitasking, cross-device connectivity, and AI tools like AI Writer and AI Summary. Priced from Rs 54,999 (with offers), the device is available across online and offline platforms, with a limited-time bundle that includes the OnePlus Stylo Pro stylus. GOBOULT has introduced the Mustang GT20 and GT40 portable speakers in collaboration with Ford Mustang , blending automotive-inspired design with immersive audio performance. The speakers feature styling cues like metallic race grilles, ignition-inspired controls, fuel-gauge battery indicators, and leather-textured finishes, positioning them as lifestyle-driven audio products. The GT20 offers 20W output with RGB lighting and unique shift-stick controls, while the GT40 steps up with 40W sound, dedicated tuning knobs, and a more premium build. Both models support Bluetooth 6.0, TWS pairing, and IPX4 water resistance. Priced at Rs 2,999 and Rs 3,999 (launch offers), the speakers will be available from May 5, 2026, across major online platforms. OPPO is set to launch the OPPO Find X9 Ultra in India, introducing a major leap in smartphone photography with its industry-first quintuple prism periscope system. This redesigned camera structure reflects light five times within a compact module, enabling true 10x optical zoom (around 230mm focal length) without increasing device size. The device focuses on capturing more detail optically rather than relying heavily on software processing. It also features advanced sensor-shift stabilisation for sharper long-range shots and a Pristine Optical Path design to maintain image clarity. Alongside this, the phone includes a Hasselblad-tuned multi-camera setup with a 200MP main sensor, additional telephoto lenses, and a 50MP ultra-wide camera. The result is a versatile, high-performance camera system aimed at delivering consistent results across distance, lighting, and shooting scenarios. Billie Eilish is launching a unique virtual experience on Roblox to promote her upcoming 3D documentary HIT ME HARD AND SOFT: THE TOUR, co-directed by James Cameron . Starting May 5, Roblox’s “The Block” will transform into a concert-inspired interactive space where fans can roleplay as Billie. From May 7 to May 10, users can watch an exclusive premiere of her “BIRDS OF A FEATHER” performance along with the film’s trailer. The experience also includes immersive 3D visuals, interactive stage effects, Billie’s avatar appearance, and karaoke features with songs like Ocean Eyes . Limited-edition Billie-themed virtual items will also be available on the platform, making it a fully interactive fan engagement event blending music, cinema, and gaming India is the fifth most spam-affected country globally, according to a new report by Truecaller . The rankings are led by Indonesia, followed by Chile, Vietnam, and Brazil. The report, based on anonymised data from over 500 million users, found that more than 68 billion spam and fraud calls were identified worldwide in 2025. India recorded a high spam intensity of 66%, placing it among the most impacted markets. In India, spam is largely driven by commercial activity, with telemarketing calls making up 36%, financial services 18%, and scams 12%. Globally, spam patterns differ by region, ranging from financial institutions in Indonesia and Mexico to debt collection in Chile and telecom-related calls in Brazil and Nigeria. The findings highlight a growing global concern, as rising spam and fraud calls continue to erode trust in unknown communications.
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Amar Ujala
May 6, 2026, 03:28 AM
Temperature Drops in State After Rain; Light Drizzle Expected Next Week

Temperature Drops in State After Rain; Light Drizzle Expected Next Week

ExtensionAdd as a preferredsource on google After two days of continuous rain in the state, the day and night temperatures have dropped by 10 to 11 ° C. Rainfall was recorded in 5 districts in the last 24 hours. According to the Meteorological Department, there will be a cloudy effect on 6 May. There is a possibility of light drizzle in some places during this period. The weather is likely to remain dry from 7 to 10 May. There are chances of rain again due to the activation of another western disturbance on the night of 10 May. The rain in the state completely disappeared on 3, 4, 5 May. The maximum temperature in the state reached 42 to 45 ° C. Now the maximum temperature has come down to 30 to 35 ° C. The maximum temperature in entire Haryana is being recorded below normal. The maximum temperature of Rohtak was recorded at 45 ° C. On Tuesday, the maximum temperature of Rohtak was 35.5 ° C and the minimum temperature of 17.6 ° C. The maximum temperature in Hisar was recorded at 6.9 ° C.
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Siasat News
May 6, 2026, 03:21 AM
Telangana High Court Upholds Stop on Mining in Garla Reserve Forest

Telangana High Court Upholds Stop on Mining in Garla Reserve Forest

The Telangana High Court has upheld the Forest Department’s action to stop barytes and dolomite mining operations in the Garla Reserve Forest of Khammam district, dismissing petitions filed by mining and labour contract firms challenging stop-work notices issued since 2009. Justice Nagesh Bheemapaka sharply criticised lapses by revenue authorities, observing that the wrongful classification of reserve forest land as “Sarkari” (government land) enabled large-scale environmental damage across nearly 760 acres over several decades. The court also rejected objections raised against a Survey of India report that confirmed the mining area falls within the notified Garla Reserve Forest. The dispute pertained to lands in Pocharam and Sripuram villages. According to the Forest Department, the land forms part of the 44,582-acre Garla Protected Reserve Forest notified by the erstwhile Nizam government on August 17, 1951. However, mining leases were later granted on the basis of incorrect revenue records. Forest officials issued stop-work notices in 2009, citing the absence of mandatory clearances under the Forest Conservation Act, 1980. During the course of the case, the High Court in 2013 directed the Survey of India to demarcate the forest boundaries in accordance with the 1951 notification. The survey report found that around 762 acres covered under mining leases fell within the reserve forest limits, while only 2.77 acres lay outside the notified area. Rejecting allegations of bias and procedural irregularities, the court held that the survey process was transparent and legally sound. Relying on the findings, the judge ruled that the disputed land was unequivocally part of the reserve forest and said the mining leases had been granted due to a fundamental misconception arising from faulty land classification by revenue authorities. The petitioners argued that mining activities had been carried out for decades and pointed to previous environmental clearances while alleging arbitrary action by the Forest Department. However, the court found the claims unsustainable and observed that the statutory obligation to protect forest land overrides such arguments. The court also noted that several mining leases had already expired and that some operations had never commenced.
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Indian Express
May 6, 2026, 03:02 AM
A Quietly Powerful Exploration of Human Vulnerability in Ek Din

A Quietly Powerful Exploration of Human Vulnerability in Ek Din

In an era dominated by high-voltage, larger-than-life storytelling like Animal and Dhurandhar, where intensity and spectacle drive engagement, a soft, slice-of-life film almost feels out of place. We have become conditioned to expect constant stimulation—twists, drama, scale. And somewhere in that shift, we may have quietly lost the patience to sit with something gentle, something that doesn’t try to overwhelm us but simply asks us to feel. Perhaps that’s why Ek Din feels unfamiliar. It doesn’t chase grandeur; it chooses to stay with ordinary people and their very real, very quiet emotions. And maybe that discomfort also comes from what the film says about us. It’s one of those stories that, as a society, we are quick to judge — which one of us hasn’t had a crush and gone out of our way for a glimpse, a moment, a conversation? By that measure, haven’t we all, at some point, occupied that awkward, vulnerable space we are so quick to ridicule in others? This is where Junaid Khan’s character quietly stands out. He is invisible in his own world—reduced to being “the IT guy,” someone remembered only when something stops working. He carries a silent crush on Sai Pallavi’s character, one that never quite finds expression. After a year and a half of working alongside the woman he likes, even a simple handshake becomes a moment of possibility—perhaps enough to finally ask her out for coffee. But that fragile hope collapses when he learns she is seeing their boss. In many ways, this dynamic isn’t new to cinema either. We have seen versions of it before—men so under-confident in their own identity that they feel the need to become someone else to be seen. Think of Surinder Sahni from Rab Ne Bana Di Jodi, who transforms into “Raj” because he believes his real self isn’t enough to win over Taani. Or Abhay Sharma—“Froggy”—from Pyaar Impossible!, who quietly represents all the introverted, overlooked men who exist on the margins, unseen despite their sincerity. What Ek Din does differently, however, is that it doesn’t offer transformation as a solution. There is no alter ego, no dramatic reinvention. Instead, it stays with that discomfort—the hesitation, the self-doubt, the fear of not being enough. And perhaps that’s what makes it feel more real, and at times, more unsettling. That boss, played by Kunal Kapoor, exists in a morally grey space that feels uncomfortably real. He presents himself as a man trapped in an unhappy marriage, on the verge of a divorce—vulnerable, misunderstood. He invites her into his world through conversations, confessions, and carefully chosen words like “Tum nahi hoti toh…,” building intimacy without ever taking responsibility. It’s subtle, persuasive, and deeply manipulative. And then there is Sai Pallavi—effortless, relatable, and heartbreakingly real. Her character is not weak; she is simply human. A young woman, away from family, emotionally open, wanting to believe in something sincere. Not every 24–25-year-old has the experience to recognise such emotional traps. And to be fair, not every man navigating a difficult marriage is dishonest. But that’s precisely the point—Ek Din isn’t dealing in extremes. It lives in the grey areas, where most of our real lives exist. At its core, this is a story of two people: a woman who falls for the wrong man, and a man so conditioned by his own invisibility and self-doubt that he convinces himself the woman he likes is out of his league—never once finding the courage to ask her out. Not because he feels nothing, but because he fears rejection, humiliation, or being labelled something he is not. And if we look closely, we all know people like them. Or perhaps, at some point, we have been them. ALSO READ | Archana Puran Singh claps as son Aayushmann’s girlfriend moves in with them, jokes coffee machine is ‘dowry’ That’s what makes the film quietly powerful. Not because it tells a new story, but because it tells a familiar one without noise. It reminds us that what we often dismiss as cliche is, in reality, common. If thousands of stories, conversations, and even social media narratives echo similar experiences, they don’t come from nowhere. And yet, perhaps because we encounter these fragments so often, we struggle to sit through them when they are presented with stillness and sincerity. What also sets Ek Din apart is its tone. There’s a certain warmth to it—a softness that doesn’t demand your attention but gently holds it. It’s the kind of film you don’t necessarily celebrate loudly, but one you might return to on a quiet evening when you are unsure what to watch. Not for thrill, but for comfort. There’s a subtle, almost “Christmassy” quality to it—familiar, reassuring, quietly hopeful. Maybe this film will quietly reach the Meeras—those who find themselves caught in similar emotional traps—and help them recognise the patterns a little sooner. Maybe Ek Din will also speak to the Dineshes of the world, whose self-doubt begins with something as simple as their own name, reminding them that they, too, are worthy of being seen and chosen. And perhaps that’s reason enough for a film to exist. Because sometimes, cinema isn’t meant to dazzle or disrupt. Sometimes, it’s meant to sit gently with you—to make you smile, to offer comfort, to leave you on a softer, better note. To help you learn something, or maybe just to look back and realise how far you have come. And maybe Ek Din didn’t fail us—we just didn’t pause long enough to let it.
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Indian Express
May 6, 2026, 03:00 AM
India's AI Hub: A Triumph of Outsourcing or a Missed Opportunity?

India's AI Hub: A Triumph of Outsourcing or a Missed Opportunity?

Last week, on a 600-acre site near Visakhapatnam, Google broke ground on what is being dubbed as India’s largest AI hub. The infrastructure partners are AdaniConneX and Airtel’s Nxtra. The silicon will be designed in California and fabricated in Taiwan. The model weights, when the data centre lights up, will be Google’s. India’s contribution is the land, the power, the construction, and the operations. It is a triumph of sorts. Alas, we have done something like this before. Thirty years ago, the IT-services boom began with a related bargain. India offered low-cost engineering labour, fluent in English, to American firms that needed someone to write and maintain the systems they had designed. The arrangement worked. Infosys , Wipro and TCS came of age. A middle class emerged. A reputation was earned. Indian services climbed the value chain, and the global capability centres in Bengaluru and Hyderabad now do genuine research and product work for the world’s largest firms. We were not wrong to celebrate this. But the task was incomplete. What we did not do was use the proceeds to build the next layer. We did not fund research universities of global rank. We did not raise national R&D intensity from below 1 per cent of GDP, where it has remained for decades. We did not develop deep-tech venture capital, manufacturing depth, or patient state-aligned industrial finance. Korea built Samsung. Taiwan, smaller than Karnataka, built TSMC, which now sits at the chokepoint of the global AI economy. India built outsourcing. We learned magnificently to deploy systems that other people had designed. We postponed the work of designing them. The bill on that postponement is now arriving, in the form of artificial intelligence. The leading edge of AI demands capital, research depth, and concentrated talent at a scale India has not built. A frontier model costs hundreds of millions of dollars to train, draws on decades of accumulated research, and depends on a talent pipeline that runs through a few dozen universities in the United States, China, the United Kingdom, and Canada. India has none of this. In the past fortnight, two voices have read this moment differently. Ruchir Sharma, at the Express Adda, warned that global investors now see India as the “anti-AI play”. Nandan Nilekani, in a recent essay with Ravi Venkatesan, argued that India’s edge lies in diffusing AI across its small firms and informal economy. Sharma is reading the high-rent layers and seeing India’s absence. Nilekani is reading the diffusion layer and treating it as India’s destination. Both stop short of the harder question. Neither asks how a country with talent and ambition becomes a producer of intelligence rather than a tenant of it. What we are doing in Vizag, and in Hyderabad and Mumbai and Pune , risks making the same trade we made in the nineties, with stronger lock-in this time. The data centres are real and useful. They will be optimised, for the next decade, to serve foreign models efficiently rather than to train Indian ones at scale. Every Indian-language inference running on a foreign model from a server in Vizag is a small recurring rent paid to Mountain View, on infrastructure built by Adani. The arrangement is not new. The technology is. The stakes go beyond productivity. As AI diffuses into military systems and strategic decision-making, this gap will bear on India’s strategic autonomy in a world where security partnerships cannot be assumed. India does not need to beat OpenAI at frontier reasoning today, but it needs to learn to compete: Alternative model architectures and approaches at meaningful scale, sovereign compute, and foreign deals structured around expanding Indian capability rather than only power and land. The Indian state knows how to create a gigawatt of power for a foreign data centre. It needs to learn how to create a research department, a laboratory, a generation of scientists. Concrete it understands. Cognition it does not. The Economic Survey of 2025-26 noted that only 2 per cent of the world’s AI training-data startups are based in India, against 40 per cent in the United States and 21 per cent in the European Union. The state knows the gap. The announcements still say far more about infrastructure than about capability. The deeper danger is that India’s public conversation is too quick to convert constraint into strategy. Because we cannot yet win at the frontier, we tell ourselves the frontier does not matter. Because we are good at diffusion, we tell ourselves diffusion is enough. Some of this is an honest assessment of what India can do. Some of it is an alibi for what we will not do. We must not forget, however, that even diffusion rests on uneven foundations. UPI worked because Indian banking had spent 30 years digitising, Aadhaar because the state had been identifying citizens for 60. Where those rails were missing, in health, in school education, in agricultural extension, the same stack thinking has produced architecture without adoption. AI diffusion may run into the same problem. This past week in Visakhapatnam, we poured the foundations of buildings that will host someone else’s intelligence. The buildings will be ours. The intelligence will not. Whether that is enough this time is the question we should ask before the concrete sets. Lamba is assistant professor, Cornell University and Rajan is professor, University of Chicago and former governor, Reserve Bank of India
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Indian Express
May 6, 2026, 02:53 AM
The Elusive Pursuit of Glory: A Review of the Series 'Glory'

The Elusive Pursuit of Glory: A Review of the Series 'Glory'

An aging, embittered father hunts for glory with a desperation that borders on thirst. His lineage trembles; his legacy feels contingent. Everything he has rests on a future he cannot secure alone. And, then the future is taken suddenly. The boy into whom he had poured his life is killed, abruptly, senselessly. With him collapses all his hope. The father is left not just bereaved, but undone. What sharpens the grief is its history. Neither of his sons fulfilled the demands of blood. One was never sufficient, marked early and set aside, his failure very much sedimented into identity. The other, once the promise of redemption, squandered it through a single error that erased a career and with it the illusion of inevitability. Between them lies a pattern: expectation as inheritance, disappointment as outcome. The premise can be an intriguing study in transmission: how desire, unfulfilled, becomes burden. How legacy operates less as gift than as obligation. How the cost of glory is measured across generations. Welcome, then, to the contemporary streaming landscape. A system that does not cultivate ideas so much as exhaust them. A system where every robust logline is mined until it yields nothing but simply its outline. A system where genres do not deepen instead they proliferate into subdivisions, each one engineered to supersede the last. A system where pacing is mistaken for substance. A system where velocity replaces weight. A system where the screenplay no longer shapes experience; it functions as padding, a connective tissue stretched thin between successive twists. A system where characters are devoid of interiority, as they exist to shock more than to state. Within such a system, Glory, created by Karan Anshuman and Karmanya Ahuja, and directed by Anshuman alongside Kanishk Varma, emerges nothing but as a mere causality. On paper, Glory proposes a compelling architecture. Dev (Divyenndu) and Ravi (Pulkit Samrat) return to Shaktigarh, Haryana, to avenge their younger sister Gudiya (Jannat Zubair), who has been brutally attacked by anonymous men. At the center stands their father, Raghubir Singh (Suvinder Vicky), unyielding in his fixation on Olympic glory, singular in his belief that redemption, and legacy, can be forged through the making of a champion boxer. Even beyond the premise, the intention is suggestive. The series situates itself within the boxing circuits of Shaktigarh not simply to stage sport, but to interrogate a milieu structured by the pursuit of power: a landscape where athletics functions less as discipline and more as instrument to consolidate dominance. In this sense, the design appears coherent: that what begins as a sports drama might recede, deliberately, into the background, making space for a more layered inquiry into ambition, control, and the economies that sustain them. Also Read | In Sudip Sharma’s superb Kohrra 2, the inheritance of mist shadows over tomorrow But then, we return to the conditions of the contemporary streaming landscape, where intention rarely survives execution. Glory is not what it proposes, nor what it promises. In practice, it resembles a mad pulpy mixture of elements assembled without discipline, reacting without coherence. At its most stable, it suffers from an existential uncertainty; at its most strained, it collapses into an identity crisis. There is a distinction between modulation and abandonment. To shift genre is one thing; to discard it entirely, mid-course, is another. Here, the narrative does not evolve as much as it resets. Every half hour introduces a new strand, not necessarily as development but more as a replacement. What emerges is less a world inhabited by characters than a surface curated for effect. The makers appear more invested in constructing a universe: varied and vivid, than in sustaining an interior logic. The series moves restlessly, without any real direction or consequence. It begins as a sports drama, transitions into a murder mystery, reframes itself as a study of crime and punishment, and finally settles into the realm of a dysfunctional family narrative. Along the way, it momentarily assumes the shape of a prison drama, has a (sub) plot involving human trafficking, and introduces infidelity as a passing provocation. If one were to read the series as an exercise in tonal variation, it might merit some serious concession. But what it ultimately reveals is not daring, but a landscape too guarded, too overdetermined to permit genuine risk. Its primary impulse is to capture attention, which must be seized, held, redirected, by design or by force. In that sense, Glory keeps gaslighting the viewer, pulling them away from any clarity. It moves in multiple directions, only to arrive at what was evident from the outset, to an ending that is neither earned nor surprising, simply deferred. In this sense, the series begins to resemble its own central preoccupation. It, too, appears consumed by the idea of glory, of scale, of impact, of recognition. But as it insists within its own narrative, glory demands sacrifice. And, so does serious storytelling.
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Free Press Journal
May 6, 2026, 02:50 AM
GSEB SSC Class 10 Result 2026: Gujarat Board Announces Scores With Overall Pass Percentage of 83.86%

GSEB SSC Class 10 Result 2026: Gujarat Board Announces Scores With Overall Pass Percentage of 83.86%

GSEB SSC Class 10 Result 2026: The Gujarat Secondary and Higher Secondary Education Board (Gujarat Secondary and Higher Secondary Education Board) has officially declared the GSEB SSC Class 10 Result 2026 today. Students who appeared for the examination can now check their scores online as well as through WhatsApp using their seat number. The results have been made available on official platforms, including gseb.org, along with result portals and service websites. Students can also receive their subject-wise marks instantly by sending their seat number to the official WhatsApp number 6357300971. GSEB SSC Class 10 Result 2026: Overall Pass Percentage Data With the 2026 results now declared, the overall pass percentage continues to reflect the board’s improving academic performance trend over the past few years. 2026: 83.86% Overall Statistics Total centres: 1006 Total registered students: 7,56,392 Total appeared students: 6,34,327 Overall pass percentage: 83.86% Result Highlights (2026) Total passed students: 6,34,327 GSOS candidates: 23,353 GSOS passed: 6,590 GSOS pass percentage: 28.22% Grade-wise Performance (2026) A1: 35,508 A2: 90,863 B1: 1,22,184 B2: 1,48,215 C1: 1,46,647 C2: 83,621 D: 7,278 E1: 11 Gender-wise Performance (2026) Male pass percentage: 80.12% Female pass percentage: 88.28% GSOS Male pass %: 23.23% GSOS Female pass %: 38.36% School Performance (2026) 100% result schools: 1,697 Below 30% result schools: 164 0% result schools: 39 Differently Abled Students (2026) Registered: 4,738 Appeared: 1,958 Qualified (20%+ category): 710 CCTV exam centres: 5 Area-wise Performance (2026) Urban pass percentage: 82.67% Rural pass percentage: 77.20% Subject-wise Results Gujarati FL: Registered 647,136 | Appeared 633,872 | Passed 584,551 | 92.22% Hindi FL: Registered 16,242 | Appeared 15,914 | Passed 14,840 | 93.25% English FL: Registered 101,572 | Appeared 101,270 | Passed 99,352 | 98.11% Social Science: Registered 769,993 | Appeared 755,470 | Passed 711,241 | 94.15% Science: Registered 769,993 | Appeared 755,995 | Passed 661,350 | 87.48% Standard Maths: Registered 51,564 | Appeared 51,506 | Passed 51,316 | 99.63% Gujarati SL: Registered 122,855 | Appeared 122,119 | Passed 116,154 | 95.12% Hindi SL: Registered 315,901 | Appeared 308,207 | Passed 285,512 | 92.64% English SL: Registered 668,161 | Appeared 654,012 | Passed 609,530 | 93.20% Sanskrit SL: Registered 35,387 | Appeared 34,897 | Passed 33,538 | 96.07% Basic Maths: Registered 717,860 | Appeared 703,643 | Passed 597,139 | 84.86% GSEB SSC Class 10 Result 2026: Previous Year Pass Percentage 2025: 83.08% 2024: 82.56% 2023: 64.62% 2022: 65.18% Following a noticeable dip in 2022 and 2023, the last two years have seen a strong recovery. The 2025 result remained above 80%, and the 2026 figures are expected to reflect the academic consistency seen in recent cycles. GSEB SSC Class 10 Result 2026: How To Check GSEB SSC Result 2026 Students can access their marksheets through the following steps: Step 1: Visit the official website at gseb.org Step 2: Click on “SSC Result 2026." Step 3: Enter the seat number as mentioned on the admit card Step 4: Submit the details to view the results. Step 5: Download and print the provisional marksheet. GSEB SSC Class 10 Result 2026: WhatsApp Result Facility To avoid heavy website traffic, the board has also provided WhatsApp access: Send Seat Number to 6357300971 Receive subject-wise marks directly in chat GSEB SSC Class 10 Result 2026: Important Note The online marksheet is only meant to be used temporarily. Students will receive their original marksheets from their respective schools.
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Free Press Journal
May 6, 2026, 02:43 AM
Indian IT Firms Under Siege: Credential Theft and Identity Compromise Fuel Large-Scale Cyberattacks

Indian IT Firms Under Siege: Credential Theft and Identity Compromise Fuel Large-Scale Cyberattacks

New Delhi: With 265.52 million detections across over 8 million endpoints, credential theft and identity compromise has emerged as a primary entry point for large‑scale cyberattacks against Indian IT firms, a report said on Monday. The report from Seqrite said the enterprise security arm of Quick Heal Technologies Limited said the threat ecosystem is characterised by continuous, automated attack activity, as India’s IT sector has become a high-value target for credential theft and identity compromise. Stolen login credentials, increasingly traded and weaponised on the dark web, are emerging as one of the most effective entry points for large-scale cyberattacks, the report noted. Such a modus operandi enables attackers to move laterally, escalate privileges and carry out data exfiltration or ransomware campaigns. Seqrite has identified a growing concentration of credential theft attempts targeting Indian IT firms, driven by their access to global systems, intellectual property, and interconnected enterprise networks. Trojans accounted for nearly 43 per cent of detections and often act as the primary payload for harvesting login information. Attackers combine phishing, malware and compromised applications to capture credentials that are then circulated on dark‑web marketplaces, the firm said. The report warned that India’s IT firms are particularly exposed due to their extensive use of cloud platforms, remote access systems, and third-party integrations. A single compromised credential can provide access to multiple environments, significantly amplifying the potential impact. Under the Digital Personal Data Protection Act, 2023, organisations are responsible for protecting personal and sensitive data. Credential compromise can therefore trigger breaches involving customer information, employee records, and intellectual property, triggering compliance failures and financial penalties. The report urged an identity‑first security framework, where organisations must implement zero‑trust frameworks, enforce multi‑factor authentication across all access points and monitor credential exposure beyond organisational boundaries. Disclaimer: This story is from the syndicated feed. Nothing has been changed except the headline.
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Indian Express
May 6, 2026, 02:23 AM
Indian Badminton Players Satwiksairaj Rankireddy and Chirag Shetty Express Frustration Over Lack of Recognition for Thomas Cup Bronze Medal Win

Indian Badminton Players Satwiksairaj Rankireddy and Chirag Shetty Express Frustration Over Lack of Recognition for Thomas Cup Bronze Medal Win

HS Prannoy rues that the Thomas Cup isn’t called the ‘World Cup’. Chirag Shetty says they don’t expect airport receptions, just basic appreciation by Indians for a tough medal won. Satwiksairaj Rankireddy is determined he won’t let his kids play badminton – the apathy he witnessed after India returned with a bronze medal, as well as gold in 2022, has broken his heart. Through a media interaction facilitated by SAI, and another later that included Chirag-Satwik together, India’s finest doubles pairing, spoke of what is rankling them so intensely. Excerpts: Satwik, what prompted your post that ‘nobody cares’ about India winning a Thomas Cup bronze medal this time? Satwik: I never share anything usually. I let go of things. But this time, I exploded. Someone has to speak up. It’s okay if I’m seen as the villain. In the last six months, I’ve been thinking that do only people who do bad things become popular. (When we crave appreciation), as players, we don’t want big things. No, we don’t want prize money. Even if a kid walks up to us and says, ‘Bhaiyya you played well or we want a picture with you’, we are happy. What triggered this? Satwik: We were at the airport, taking a seven-hour flight back from Germany to Hyderabad . Nobody even asked us who we are, what medals we have won. There were so many Indians, many Telugus. We were wearing Thomas Cup jerseys. But everyone was busy with IPL , politics, whatever. Same thing when we won gold in 2022. We should have celebrated much more. People don’t realise these chances might not come again. It is very tough to win the Thomas Cup, even medalling is tough. When we landed at the airport, all the players were just booking cabs, Prannoy, Srikanth, Dhruv. Nobody around seemed to notice. My friends came to pick me up, but I felt really sad looking around at that airport scene – top athletes trying to book cabs. Chirag, your thoughts? Chirag: It was that feeling that ‘still nobody cares.’ See, we never expected people would come to the airport to receive us. Last time when we won, we were well received, we met the PM, and we were felicitated. But the way it should be celebrated, it wasn’t. Those who watch badminton appreciate it, but the general public just doesn’t know the magnitude of the 2022 win. Makes me sad that we are not yet a sporting nation. There’s only a little that the government and the federation can do. Their schemes are terrific. But the sporting ecosystem doesn’t celebrate achievements. Satwik, what does this do to your morale? Satwik: When Chirag’s dancing celebration reel went viral, I was happy. But I remembered how somebody plays some random thing, and it gets 1 million followers. And I ask myself, ‘Why?’ Here we are fighting to win, and if we get injured, there’s no replacement for us. We play without support and under immense pressure in team events. But even a title was not enough last time. Again this time. I told Prannoy I’ll not let my kid play badminton. If you are strong mentally, you’ll manage, but otherwise it’s really tough to keep going on like this (with a large part of the country oblivious to our performance). Frankly, at the Hyderabad academy, we were felicitated, and that small bouquet and cake cutting was enough. We don’t expect anything grand. Do you think pre-tie selection discussions or even criticism is actually a good thing – that people care enough to talk about badminton? Satwik: Those who watch and are really genuine do put out good tweets. I even kept screenshots because I would feel good. But in February, at the Asian Team Championships in China, I needed to leave after three matches, because there was a puja at home for my father’s death anniversary. There were social media comments about, “how could he just leave the team?” These things stay in your head and really affect badly. Not all youngsters are going to be strong, and will struggle badly. I left Twitter (now X), might leave Insta too. And I’m happy that way. Even this time, they said, ‘Why can’t you beat France and why are you shooting reels after bronze?’ I wanted to say, even we wanted gold. We are more disappointed than any of you. But I decided not to get into it. Satwik, why were you not in the dancing reel of Chirag that became popular? You didn’t like the steps? Satwik: That was the only argument I had with Chirag this time. We had been in the stadium for 4-5 hours, and were to take a bus to the hotel at 7pm and the flight at 3am. I was tired, so I told them let’s shoot it later. The thing is, I wanted to finish packing and have a free mind. Chirag: Prannoy sent the trend to me, and we decided to go ahead with it. We dragged Ayush (Shetty) when he was returning from laundry and made him dance. Now, some people (Satwik) are angry, and sitting in the corner sulking about missing out.
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Live Hindustan
May 6, 2026, 02:23 AM
Bihar Hit by Severe Weather Conditions Ahead of Monsoon

Bihar Hit by Severe Weather Conditions Ahead of Monsoon

Bihar Weather: Rain and thundershowers have been occurring in different districts of Bihar in the month of May. Thunderstorms and lightning are killing people on one side and houses and houses are collapsing on the other. Rain and thundershowers are wreaking havoc in Bihar even before the arrival of the monsoon. The alert for thundershowers and rains has been issued in different places in Bihar even today. The Meteorological Department has predicted that thundershowers as well as winds with a speed of 40-50 kilometers per hour may occur at one or two places in Araria, Jamui, Khagaria, Madhepura, Munger, Saharsa and Supaul districts in the north-central part of Bihar. Yellow alert has been issued for thundershowers and strong winds. Apart from this, one or two places in Banka, Bhagalpur, Katihar, Kishanganj and Purnia districts of Bihar have been issued with heavy rains and thundershowers.
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Live Hindustan
May 6, 2026, 02:21 AM
Uttarakhand Weather: Rain and Cold to Continue Until May 7, Followed by Dry Spell

Uttarakhand Weather: Rain and Cold to Continue Until May 7, Followed by Dry Spell

Uttarakhand Weather: Rainfall activity will continue in the hilly areas of Uttarakhand. The Meteorological Department has predicted that rain and cold will continue in the hills till May 7. The weather will remain dry from May 8 to May 10 and then deteriorate again from May 11. At the same time, due to rain and cold winds, the temperature has dropped to 7. 7 degrees below normal in the hilly areas and 6. 7 degrees in the plains. Meteorologist Dr. Rohit Thapliyal said that there is a possibility of light rain and thundershowers in the hilly districts on May 6 and 7. There may be snowfall in the higher altitude areas during this period. Light rain is expected in the plains. The weather will remain dry in most of the plain districts between May 8 and 10, while light rain may continue in Uttarkashi, Rudraprayag, Chamoli, Bageshwar and Pithoragarh. On May 11, once again, the hilly areas may witness a spell of rain and snow, but after the next two days, the temperature will remain below normal by two to three degrees Celsius.
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Kutch Mitra
May 6, 2026, 02:19 AM
Nakhatrana's Old Well-Holes Cause Accidents, Residents Demand Action

Nakhatrana's Old Well-Holes Cause Accidents, Residents Demand Action

Nakhatrana, તા.તા.5: In Nakhatrana, which is plagued with multiple problems, now the old well-holes suddenly caved in, causing sudden accidents. Before these incidents become fatal, there is a demand for the administration to investigate the previous well-holes in the village area and take action to bury them. હતી.તાજેતરમાં On the way to the royal hospital near Khetarpal Dada's temple in the Vathanchok area of Nakhatrana, the bike passed over the old well made by the Faliyasis, the dilapidated roof over the Deepen Jentibhai Soni Well of Moti Virani suddenly collapsed (collapsed), including the bike.
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Prameya
May 6, 2026, 02:07 AM
Odisha Weather Forecast: Thunderstorms and Heavy Rainfall Expected

Odisha Weather Forecast: Thunderstorms and Heavy Rainfall Expected

Bhubaneswar: Thunderstorm accompanied with gusty winds very likely at isolated places over north Odisha and coastal Odisha till 10th. Met office predicts heavy to very heavy rainfall at isolated places over interior Odisha. Thunderstorm with lightning at isolated places very likely over Mayurbhanj on 6th. Light to moderate rainfall at isolated places very likely over Balasore, Bhadrak, Jajpur, Bhadrak, Kendrapara, Cuttack, Jagatsinghpur, Puri, Khordha, Nayagarh, Ganjam, Gajapati, Rayagada, Koraput and Malkangiri. Thunderstorm with lightning very likely over coastal Odisha and interior Odisha on 9th and 10th. Dr. Sarat Sahu, Director, SOA Climate and Environment Centre, said.
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Business Standard
May 6, 2026, 02:06 AM
Crypto Firms' Job Cuts: AI-tinged or Just Business as Usual?

Crypto Firms' Job Cuts: AI-tinged or Just Business as Usual?

By Emily Nicolle and Olga KharifA spate of AI-tinged job cuts at crypto and payments companies has brought up a curious question for analysts and investors: how does one assess whether the artificial intelligence part is real?The debate started in February after Block Inc., the owner of Square and Cash App, announced it would cut a whopping 50 per cent of staff, citing a secular change in how AI affects its operations. Gemini Space Station Inc. and Crypto.com made similar announcements, followed by Coinbase Global Inc. and PayPal Holdings Inc. this week.“The biggest risk now is not taking action,” Coinbase Chief Executive Officer Brian Armstrong posted online Tuesday. “We are adjusting early and deliberately to rebuild Coinbase to be lean, fast, and AI-native.”However, just like Block’s Jack Dorsey faced near-immediate accusations of “AI washing” — a trendy term that suggests forward-thinking and hides more serious business issues — industry observers were wondering how anyone can tell what’s really going on inside these firms.Also ReadBard to Gemini and TPUs: Decoding Google's multi-pronged AI strategyKrutrim reports first profit, triples revenue as it pivots to AI cloudpremiumThe Liquidity Flywheel: Understanding the 10x Gap Between Crypto's Top ExchangesSebi to soon issue advisory to market intermediaries on emerging AI risksBitcoin tops $80,000 for first time in three months as Asian stocks riseBitcoin is down about one-third since hitting a peak in October, crypto trading volumes are low and the payments industry is more competitive than ever, making it harder to earn. Companies also have their own idiosyncratic issues that a sweeping job cut announcement might help paper over. Block, for instance, went on a hiring frenzy during boom times, while PayPal has a new CEO orchestrating a turnaround.On the other hand, AI has truly been transforming the way the corporate world works, so it’s not unreasonable to believe the technology could make a big chunk of a company’s staff irrelevant overnight, especially if it had bloated staff levels in the first place.“It’s probably an 80/20 split across the industry right now between real AI efficiency gains versus trimming down from the last bull run,” said Raman Shalupau, founder of CryptoJobsList, which recently conducted a study on the topic.Shalupau’s team found that not only is AI replacing workers, but remaining workers must have serious AI bona fides to continue being employed. That’s especially true of managers, who are being particularly targeted by recent staff cuts and expected to use AI to do more with less, he said.“It’s not a blanket rule, and you have to look under the hood of each restructuring. But the advancements of AI cannot be denied when wielded by skilled talent.”For investors, job cuts can add an immediate jolt to a stock. But parsing the real impact of those attributed to AI can be difficult — partly because of widespread skepticism related to AI-washing.Block shares are up about 38 per cent since Dorsey outlined painful staff reductions. PayPal fell as much as 12 per cent on Tuesday, while Coinbase was down nearly 4 per cent at one point.Coinbase’s Armstrong said the company is flattening its structure so that there are no more than five layers of managers below him and his operating chief. Every manager also has to contribute in a “player-coach” model, he said, alongside teams stocked with AI agents taking on more work.PayPal CEO Enrique Lores outlined a plan to save $1.5 billion over the next two to three years, with an “AI transformation and simplification team” assisting in that effort. The plan entails cutting 20 per cent of the company’s workforce, Bloomberg reported.Block and Crypto.com leaders emphasized that they needed to embrace AI to make drastic changes, or else get left behind.0G Labs, which develops blockchain systems for AI agents, decided to slash 25 per cent of its headcount in late April, according to an internal memo viewed by Bloomberg and confirmed by a spokesperson.“As a company building AI infrastructure, we believe in using our own technology internally,” CEO Michael Heinrich said in a statement. “The efficiencies we’ve seen are real, and this shift reflects how AI is already reshaping how modern companies operate.”Mark Ma, associate professor of business administration at the University of Pittsburgh, has been tracking AI-related layoffs in recent months. Although he and his colleagues have attempted to classify the layoffs as either AI-washing or real job displacements, he said it is almost impossible to determine from the outside.John Todaro, a Needham & Co. analyst who covers crypto firms, is inclined to believe the recent staff cuts are more attributable to a months-long business downturn than modern-day efficiency tropes.“Whenever I see these layoffs and AI is part of the reason, I step back and ask, do we see this from companies where the market is super hot?” he said. “I am not sure I buy that AI angle.”For investors, job cuts can add an immediate jolt to a stock. But parsing the real impact of those attributed to AI can be difficult — partly because of widespread skepticism related to AI-washing.Block shares are up about 38 per cent since Dorsey outlined painful staff reductions. PayPal fell as much as 12 per cent on Tuesday, while Coinbase was down nearly 4 per cent at one point.Coinbase’s Armstrong said the company is flattening its structure so that there are no more than five layers of managers below him and his operating chief. Every manager also has to contribute in a “player-coach” model, he said, alongside teams stocked with AI agents taking on more work.PayPal CEO Enrique Lores outlined a plan to save $1.5 billion over the next two to three years, with an “AI transformation and simplification team” assisting in that effort. The plan entails cutting 20 per cent of the company’s workforce, Bloomberg reported.Block and Crypto.com leaders emphasized that they needed to embrace AI to make drastic changes, or else get left behind.0G Labs, which develops blockchain systems for AI agents, decided to slash 25 per cent of its headcount in late April, according to an internal memo viewed by Bloomberg and confirmed by a spokesperson.“As a company building AI infrastructure, we believe in using our own technology internally,” CEO Michael Heinrich said in a statement. “The efficiencies we’ve seen are real, and this shift reflects how AI is already reshaping how modern companies operate.”Mark Ma, associate professor of business administration at the University of Pittsburgh, has been tracking AI-related layoffs in recent months. Although he and his colleagues have attempted to classify the layoffs as either AI-washing or real job displacements, he said it is almost impossible to determine from the outside.John Todaro, a Needham & Co. analyst who covers crypto firms, is inclined to believe the recent staff cuts are more attributable to a months-long business downturn than modern-day efficiency tropes.“Whenever I see these layoffs and AI is part of the reason, I step back and ask, do we see this from companies where the market is super hot?” he said. “I am not sure I buy that AI angle.”
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Dainik Bhaskar
May 6, 2026, 02:00 AM
Unseasonal Rains Bring Relief and Chaos to Lucknow

Unseasonal Rains Bring Relief and Chaos to Lucknow

Lucknow has received intermittent rains for the last 4 days. Thunderstorm accompanied with gusty winds occurred in many areas. 2 youths died due to wall collapse at different places. Mango and other crops were damaged. In the midst of all this, people got relief from the heat. According to the Meteorological Department, the weather is likely to remain favorable for the next 10 days. The temperature may fall by 3 to 5 degrees Celsius. After May 15, the temperature is expected to rise again. There is also a possibility of a heat wave. By the end of May, the temperature may reach around 45 degrees Celsius. Earlier in April, the maximum temperature was recorded at 43 degrees Celsius. This broke a 3-year heat wave record. Severe heat and heat wave-like conditions were observed. Schools were rescheduled. Hospitals were put on alert. Why are there unseasonal rains in May? How long is there a possibility of thunderstorms?
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