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

Prime Minister Narendra Modi on Tuesday expressed deep sorrow over the death of former Bangladesh Prime Minister and Bangladesh Nationalist Party (BNP) Chairperson Begum Khaleda Zia, extending condolences to her family and the people of Bangladesh.

Finance minister Nirmala Sitharaman on Thursday introduced in the Lok Sabha the Securities Market Code Bill that proposes to expand capital market watchdog Sebi’s regulatory power and board strength but tighten provisions of the conflict of interest and accountability for its top functionaries.