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The DravidaMunetraKazhagam (DMK) has attacked its INDIA bloc ally, the Congress, over its decision to extend support to actor-turned-politician Vijay’s TamilagaVettriKazhagam (TVK) to form a government in Tamil Nadu, calling the grand old party a “backstabber”
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
Predominance of caste system has been stated to be the bane of Bihar, but it’s forthcoming election is witnessing regional allies of BJP and Congress getting a lion’s share of seats lest the caste equation go awry. Keenly aware of the deciding role of caste in voting behaviour, the leadership of both the national level parties have left the constituencies reserved for Scheduled Caste candidates to the regional allies.
Former Indian cricket captain and the Congress government’s MLC nominee, Md Azharuddin, is likely to be inducted into the state Cabinet led by Chief Minister A Revanth Reddy, in a move seen as politically significant ahead of the Jubilee Hills byelection.
The Opposition Mahagathbandhan on Tuesday released its manifesto for the Bihar Assembly polls, promising a government job to one member of every family, restoration of the old pension scheme, 200 units of free power to each household, lift ban on toddy and a monthly allowance of Rs.2,500 under Mai Bahin Yojna for women. The NDA alliance termed the manifesto a “bundle of lies”.
The principal rival fronts in Bihar have finally announced incumbent Nitish Kumar and Tejashwi Yadav as their respective chief ministerial candidates after weeks of speculation and haggling. The National Democratic Alliance (NDA), around the Bharatiya Janata Party (BJP)-Janata Dal (United) axis, and the Mahagatbandhan, or Grand Alliance, around the Indian National Congress-Rashtriya Janata Dal (RJD) axis, are caught in their internal games of one-upmanship.
After months of uncertainty and prolonged seat-sharing talks, the Opposition I.N.D.I.A. bloc on Thursday announced RJD leader and former deputy chief minister Tejashwi Yadav as its chief ministerial candidate for the upcoming Bihar Assembly elections, a move seen as a last-ditch effort to project unity and end internal squabbles ahead of the polls.
As tensions simmered within the Mahagathbandhan over the failure to arrive at a formal seat-sharing pact for the upcoming Bihar Assembly polls, senior Congress leader Ashok Gehlot met RJD chief Lalu Prasad Yadav on Wednesday in a bid to ease friction within the alliance.
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