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 skies over Bihar turned into a battleground for weeks, as helicopters and chartered planes carried top politicians across the state in a campaign of unmatched scale and cost. By Sunday evening, the airborne armada fell silent, marking the end of campaigning for the second phase of assembly elections after more than 450 sorties, according to news sources.

Former Kolkata Mayor and once a Trinamool Congress heavyweight, Sovan Chatterjee formally returned to TMC on Monday (November 3, 2025) after a 7-year break. Once a close aide of Chief Minister Mamata Banerjee, he had also joined the opposition Bharatiya Janta Party for a brief period, but termed it a “Himalayan mistake” after leaving.