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

The political battle between the BJP and the Trinamul Congress (TMC) in West Bengal escalated sharply on Thursday after the Enforcement Directorate raided two premises linked to the Indian Political Action Committee (I-PAC), the political consultancy working with the ruling party, in connection with a coal smuggling-linked money laundering probe. Chief Minister Mamata Banerjee responded by personally intervening at the raid sites, leading to a dramatic confrontation with the central agency.

The first phase of the Population Census 2027, also known as the houselisting operations (HLO) phase, will be conducted from April 1 to September 30 this year across all States and Union Territories, the Registrar General and Census Commissioner of India (RG&CCI) said in a notification on Wednesday (January 7, 2026).