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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

Veteran actor Dharmendra, one of India’s most beloved and enduring film legends, passed away at his Mumbai residence on Monday at the age of 89. Filmmaker Karan Johar confirmed the demise in an emotional social media post. An official statement from Dharmendra’s family is still awaited. The news comes just weeks ahead of his 90th birthday on December 8.

The CPI(M) will launch a 1,000-km ‘Bangla Bachao Yatra’ on November 29, a statewide mobilisation it claims will expose “injustice, loot and systematic democratic erosion” under the TMC-led state government while countering what it calls the BJP-led Centre’s “anti-people policies” that have deepened distress across Bengal.