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

President Droupadi Murmu, who began her two-day visit to strife-hit Manipur on Thursday amid a shutdown called by a conglomerate of valley-based militants and appeals from several organisations to address the plight of those displaced by the ongoing conflict, said she was “aware of the pain” the people of the state have gone through following the “unfortunate violence”.

At the meeting of the high level committee headed by Prime Minister Narendra Modi to select the new Chief Information Commissioner (CIC) and commissioners, Leader of Opposition in Lok Sabha Rahul Gandhi submitted a dissent note on the lack of representation in the list from the Scheduled Caste, Scheduled Tribe (ST), and Other Backward Classes (OBC)s.