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Mumbai Indians rode on knocks from Rohit Sharma (84) and Ryan Rickelton (83) to a six-wicket win over LSG in IPL 2026. Notably, Rohit was returning after missing five games due to a hamstring injury.
World News Today Live Updates on May 5, 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.
In Breaking News Reporting, the staff of The Minnesota Star Tribune won the award. Finalists included teams from The Wall Street Journal, Southern California News Group and The Seattle Times.
Wall Street indices retreated from record highs as an explosion on a South Korean ship in the Strait of Hormuz and renewed Middle East tensions overshadowed strong first-quarter earnings reports. Energy stocks saw gains amid the confrontations, while concerns about geopolitical risks weighed on market optimism.
New York Fed President John Williams believes monetary policy is ready for Middle East war uncertainty. He anticipates interest rate cuts once inflation eases. Economic growth is expected to remain resilient. Inflation challenges persist due to tariffs and energy costs. Williams noted potential for more severe supply shocks. The Fed remains in a wait-and-see mode regarding policy adjustments.
RBI cautioned such campaigns can mislead borrowers into believing their obligations can be written off outside formal processes, which could affect repayment behaviour and weaken credit discipline. “Such campaigns not only mislead the general public but also interfere with the orderly functioning of the credit system of the country,” it said.
Trump’s remarks came after the United States military said it had engaged Iranian forces in and around the strategic waterway while launching “Project Freedom,” a US-led mission aimed at reopening global shipping lanes through the Strait of Hormuz.
Amazon is entering the logistics market. It will now offer its vast network for businesses to store and ship goods. This move directly challenges established players like UPS and FedEx. Companies can use Amazon's services for all their sales channels. This expansion targets the profitable business-to-business shipping sector. Amazon aims to transform logistics into an infrastructure product.
Thomas Jefferson’s powerful words on liberty continue to spark debate centuries later. The quote reflects the price of freedom, the need for vigilance and the constant effort required to protect democratic values in changing times.
Institutional investors injected over Rs 7,400 crore into Adani Ports and Special Economic Zone (APSEZ) on Monday through significant block deals. Capital Group entities were major buyers, acquiring stakes from Worldwide Emerging Market Holding Limited. Smaller block deals also occurred in Tata Motors and Siemens Energy India.
Indian markets ended higher driven by positive election trends, with gains in financials, pharma, and metals. Nifty held above key support levels despite range-bound movement. Analysts see bullish momentum intact, though global cues remain weak and near-term consolidation is possible.
Under Rishabh Pant, Lucknow Super Giants won just two games out of eight matches so far in IPL 2026. With just four points, LSG are languishing at the bottom of the points table.
Nifty ended higher amid positive election sentiment but faced resistance near 24,200. Analysts see support at 24,000, maintaining a bullish bias above key levels. Experts recommend selective trades, suggesting buying stocks like Adani Ports and Laurus Labs, while cautioning on CDSL weakness.
