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A man in Jordan has used dried orchid petals to create a tiny prosthetic wing for an injured butterfly, helping the insect fly again. The delicate repair has since gone viral, drawing attention to how small acts of care can make a real difference for fragile wildlife.
U.S. stocks surged on Thursday, with the S&P 500 and Nasdaq achieving their largest monthly gains in years. Strong corporate earnings, particularly from tech giants like Alphabet, helped offset concerns over oil supply shocks and geopolitical tensions. Economic data indicated continued healthy U.S. growth, bolstering investor confidence and pushing major indexes higher.
World News Today Live Updates on May 1, 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.
The world’s richest man is suing OpenAI, Altman and company president Greg Brockman, alleging they abandoned promises to build a nonprofit AI organisation focused on public benefit and instead transformed it into a profit-driven enterprise.
Federal Bank is set to acquire a significant credit card portfolio from Standard Chartered Bank. This deal involves approximately 450,000 cards. The acquisition will boost Federal Bank's existing credit card base. It will also strengthen its presence in major Indian cities. The transaction is expected to conclude by the end of 2026.
Maine's Democratic Governor on Thursday (local time) announced that she was withdrawing from the Maine Senate race, citing a lack of campaign funding. Her exit has paved the way for Graham Platner, a former Marine and oysterman, who will now contest against Republican Senator Susan Collins.
Indian banks are strengthening their finances. They are creating special funds to handle risks from the West Asia crisis. This proactive step aims to protect against potential credit issues. Banks like Axis Bank, Union Bank of India, Indian Overseas Bank, and Indian Bank are setting aside significant amounts. This move ensures resilience and prudent risk management amid global uncertainties.
Costly crude poses a threat to global economic stability, particularly for major importers like India. Since India relies on imports for 90% of its oil, sustained high prices are expected to widen the current account deficit and weaken its currency.
Mazagon Dock Shipbuilders announced impressive March quarter results. Net profit surged by nearly 42 percent year-on-year. This growth was driven by increased execution in shipbuilding and submarine projects. Revenue from operations also saw a healthy 16 percent rise. The company's board recommended a final dividend of Rs 4.62 per share for the financial year ended March 2026.
Laurus Labs reported a 19% year-on-year jump in net profit to Rs 279 crore for the March quarter, with revenue rising 5% to Rs 1,812 crore. Full-year net profit surged 148% to Rs 889 crore, driven by strong growth in its CDMO and Generics divisions. The company also announced an interim dividend of Rs 1.20 per share.
The Reserve Bank of India is bringing home nearly 77% of its gold reserves by March 2026. This significant move accelerates the onshoring of bullion. The central bank has already repatriated a large portion of its gold. This action follows global events that raised concerns about storing sovereign assets abroad. Many countries are now repatriating their gold.
President Trump has called for ABC News to fire Jimmy Kimmel over his comments about Melania Trump. Kimmel's joke was deemed inappropriate, prompting both Trump and Melania to demand action. The FCC is reviewing ABC's broadcast licenses amid this controversy.
