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Indian stock markets may see continued gains in May. Investors should resist the urge to sell. While a repeat of April's strong rally is unlikely, key indices have historically performed well in May. Moderate, stock-specific moves are expected. Elevated oil prices and a strong dollar could limit significant upside.

IMD has issued a red alert for severe thunderstorms, hailstorms and gusty winds of up to 80 kmph across Delhi on 4 May 2026. Here is what residents need to know and how to stay safe.




World News Today Live Updates on May 4, 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.


TP premiums rose 9.3% in FY26, compared with 9% growth in OD, taking overall motor insurance expansion to about 9% on an estimated base of ?1.08 lakh crore. This contrasts with FY24, when OD grew a stronger 17.4% against roughly 10% for TP, supported by robust vehicle sales and pricing improvements. In FY25, OD grew at 8.1% while TP grew at 7.8%. The latest shift comes despite no increase in regulated TP premium rates since the pandemic.
The move is aimed at improving customer engagement as household savings shift from bank deposits to market-linked instruments and risk products. Indian Bank plans to set up a wealth management vertical targeting high net worth individuals, while sectoral leader State Bank of India aims to grow its wealth assets under management fivefold to Rs 15 lakh crore by 2030.
Three top-notch hospitals in Mumbai and a famous international spiritual organisation-all functioning as charitable trusts-have been denied Income tax (I-T) exemption on the grounds that they were carrying out commercial activities.


A cargo ship was attacked near the Strait of Hormuz amid rising regional tensions. The US is reviewing an Iran peace proposal, while President Trump has warned that military action remains a possibility. The fragile ceasefire holds as maritime disruptions continue in the region.

The India Meteorological Department (IMD) on Sunday issued a red alert for severe thunderstorms and hailstorms for Delhi and the National Capital Region (NCR), with some parts of the national capital placed under an orange alert

An LPG tanker bound for India has cleared the Strait of Hormuz amid regional tensions, easing supply concerns. The vessel, carrying 46,313 tonnes, is due to arrive in Visakhapatnam on May 13.

The quote ‘Reading ten thousand books is not as good as traveling ten thousand miles’ is often attributed to the Chinese writer Liu Yi, though versions of it appear in broader Chinese wisdom traditions.


Highlighting enforcement measures to curb hoarding and black marketing, the ministry said, ‘more than 1900 raids were conducted across the country,’ while ‘penalties [were] imposed on 349 LPG distributorships, and 74 LPG distributorships have been suspended.’

Two US service members went missing near Cap Draa, Morocco, during the African Lion 2026 military exercise, prompting a joint search by US and allied forces. The drill involves thousands of troops across Africa and aims to strengthen security cooperation and readiness.



The warning was issued in the 2025 Public Report released by the Canadian Security Intelligence Service (CSIS), which outlined growing concerns over extremist networks operating from Canadian soil.