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Bajaj Auto achieved its highest-ever quarterly net profit of ₹2,746 crore. This record performance was fueled by strong vehicle sales across its brands. The company also saw significant growth in exports. Despite anticipating some industry slowdown, Bajaj Auto remains optimistic due to its strong product mix and export strength. The full-year results also set new records for revenue and profit.
Warner Bros. Discovery's streaming unit exceeded revenue expectations, driven by HBO Max's international expansion and subscriber growth. Despite a significant net loss attributed to a termination fee related to a merger with Paramount Skydance, the company is on track to surpass 150 million global subscribers this year, bolstering its competitive position against rivals.
World News Today Live Updates on May 7, 2026: Stay informed on global events with our in-depth world news coverage, bringing you the latest developments across politics, economy, and culture. Discover insights into international affairs, breaking news, and the trends shaping our interconnected world, all in one place.
An Israeli strike in Beirut’s southern suburbs killed a senior Hezbollah Radwan force commander, the first such attack in nearly a month and since the ceasefire. The strike risks escalating tensions as Israel-Hezbollah clashes persist despite a fragile truce.
The S&P 500 and Nasdaq hit record highs Wednesday, fueled by Middle East conflict resolution hopes and strong AMD earnings boosting AI stocks. Global stocks surged as oil prices dropped, with S&P 500 companies showing robust profit growth driven by AI advancements. The economy shows stability, with strong private payrolls and positive outlooks from companies like Disney and Uber.
According to US Central Command (CENTCOM), a US Navy F/A-18 Super Hornet launched from the USS Abraham Lincoln fired several rounds from its 20mm cannon at the tanker M/T Hasna, disabling its rudder and preventing it from continuing toward Iran.
CNN founder Ted Turner has died at 87, marking the end of a media era. Worth $2.3 billion, he revolutionised 24-hour news with CNN. From a troubled early life to vast land ownership and philanthropy, Turner reshaped global media and left a lasting legacy.
Lewy Body Dementia (LBD) primarily affects those over 60, with men at higher risk. Symptoms include dementia, hallucinations, movement issues, and sleep disorders. Ted Turner, who battled LBD, passed away at 87, highlighting the disease's impact on notable figures.
Ted Turner, founder of CNN and pioneer of 24-hour news, died at 87. He built a vast media empire, launched the first cable superstation, owned sports teams, and was a noted philanthropist and environmentalist, leaving a lasting impact on global television news.
SpaceX's IPO will grant Elon Musk unprecedented executive authority through supervoting shares, mandatory arbitration, and stricter shareholder proposal rules. These policies, combined with Texas corporate law, significantly limit investor protections and challenges to management. Despite these restrictions, many investors are expected to participate due to Musk's track record and the potential for high returns.
The Reserve Bank of India has introduced revised norms for foreign exchange dealings, ceasing the issuance of fresh licenses for money changers. The new regulations aim to streamline the authorization process for authorized persons and extend the principal-agent model for forex services.
West Asia and North Africa (Wana) is a key region for India for energy imports and non-oil exports. In FY25, India’s merchandise exports to the major Wana markets exceeded $64 billion, while total bilateral trade crossed $216 billion, according to the commerce ministry.
Domestic equities surged as crude oil slipped below $100 and US-India trade optimism boosted sentiment. Nifty and Sensex gained over 1%, led by banking, auto and pharma stocks, while global markets also strengthened amid easing geopolitical concerns and positive momentum signals
Fans flooded X with memes of Shashank’s dejected expression and Chahal’s reaction. Many pointed out that this was not Shashank’s first drop of the season, calling it a worrying trend for Punjab Kings’ fielding unit.
