Demo

Editors Pick

On this May Day 2026, the traditional celebration of labor confronts a chilling economic reality: the “Capitalist Loop” is expiring. With global populations peaking and Goldman Sachs predicting 300 million jobs exposed to AI, the world is entering an era of “Degrowth.” As humanoid robots reach a price point of $20,000, undercutting human labor by 90%, a central paradox emerges: if machines do the work and owners take the profit, who earns the income to buy the output? From Japan’s “profit concentration” model to the rise of the State as Buyer of Last Resort, we explore the five remaining sources of global demand and the uncomfortable necessity of rewriting the rules on taxes, ownership, and UBI.

Gujarat’s local body election results have delivered a strong political message, with the BJP sweeping urban corporations, dominating municipalities and panchayats, and tightening its grip across the state, while Congress has suffered a sharp collapse and AAP managed only scattered, symbolic gains. The outcome is being seen as the first major political signal ahead of the 2027 Assembly elections.

Gujarat’s local body verdict

After a long deliberation with central party leaders, the Manipur BJP Legislature Party on Tuesday elected Y. Khemchand Singh as its leader, and thus the Chief Minister. Sources said the swearing-in ceremony of the new government will take place in Imphal on Wednesday. The central leadership has decided to appoint two Deputy Chief Ministers, one likely from the Kuki community, sources said.

India and the United Arab Emirates (UAE) on Monday agreed to deepen their strategic partnership, setting an ambitious target of doubling bilateral trade to $200 billion within six years, as well as securing an LNG deal and moving towards the signing of a formal Strategic Defence Partnership agreement in the near future.