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Stories from earlier this week and beyond.

Jio Platforms IPO Pivot Explained as Ambani Switches to Pure Fundraising in Mumbai Listing

Jio Platforms IPO Pivot Explained as Ambani Switches to Pure Fundraising in Mumbai Listing

Reliance Jio Platforms is reportedly shifting its planned Mumbai listing to a “pure fundraising” route, selling a 2.5% stake. The change comes with earlier exit options being dropped, meaning some shareholders may no longer be able to sell during the offering. The move, confirmed by two sources, reshapes how the IPO proceeds and investor access will work.

Summarised by Beize from a story on Republic on 11 May 2026
Boy chasing a dog found human ancestor fossils that rewired evolution research in 2008

Boy chasing a dog found human ancestor fossils that rewired evolution research in 2008

In South Africa, a fossil discovery sparked a major leap in understanding human evolution. In 2008, young Matthew Berger found a bone that helped scientists identify Australopithecus sediba, a long-lost human relative. The fossils offer a rare, detailed glimpse into early hominin anatomy, revealing a surprising mix of ape-like and human-like traits that reshaped key evolutionary questions.

Summarised by Beize from a story on The Economic Times on 11 May 2026

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Swedish cafe run by AI agent Mona faces financial trouble and odd inventory orders

Swedish cafe run by AI agent Mona faces financial trouble and odd inventory orders

In Stockholm, an experimental cafe uses an AI agent called Mona to manage daily operations, from hiring to inventory. Customers enjoy the novelty of a human barista paired with automated control, but the system is reportedly losing money and placing questionable inventory orders. The result raises tough questions about whether autonomous AI can handle real-world business ethics and practical decision-making.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Sensex Tumbles 1100 Points as Brent Spikes and US Iran Tensions Hit Markets

Sensex Tumbles 1100 Points as Brent Spikes and US Iran Tensions Hit Markets

Dalal Street opened lower and spiraled as the BSE Sensex fell about 1,093 points to 76,235 and the Nifty slid past 24,000 to 23,870 on Monday morning. A sharp rise in Brent crude and escalating US Iran tensions rattled risk appetite, wiping roughly ₹4.8 lakh crore in investor wealth. Banking and auto stocks drove the selloff as volatility jumped.

Summarised by Beize from a story on Republic on 11 May 2026
Bajaj Auto Rs 5633 crore buyback at Rs 12000 why retail investors should watch carefully

Bajaj Auto Rs 5633 crore buyback at Rs 12000 why retail investors should watch carefully

Bajaj Auto has announced its biggest share buyback, worth Rs 5,633 crore, priced at Rs 12,000 per share—a premium for existing shareholders. The offer includes a reserved portion for retail investors and promoters are reportedly not participating, which could impact who gets shares. The move also reflects management confidence in cash generation, but investors should wait for the record date and letter of offer before deciding.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Pakistan Army chief Asim Munir warns India again on Operation Sindoor anniversary says consequences will be far reaching

Pakistan Army chief Asim Munir warns India again on Operation Sindoor anniversary says consequences will be far reaching

A year after India’s Operation Sindoor, Pakistan Army Chief Asim Munir renewed threats of “far-reaching and painful” consequences for any future “misadventure” against Pakistan. Speaking on the first anniversary of “Marka-e-Haq,” he claimed Pakistan’s strategy was superior and described the conflict as a “battle between two ideologies,” adding that “truth won.”

Summarised by Beize from a story on The Economic Times on 11 May 2026

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Japan turns hawkish to defend the yen with US help after massive currency intervention

Japan turns hawkish to defend the yen with US help after massive currency intervention

Japan is moving to halt the yen’s slide with a coordinated effort led by a more hawkish Bank of Japan, support from the Finance Ministry, and backing from the United States. Policymakers are increasingly intervening in currency markets, amid fears a weaker yen could stoke inflation. Estimates suggest authorities have spent close to 10 trillion yen buying yen to stabilize the currency.

Summarised by Beize from a story on The Economic Times on 11 May 2026
SIT probes funding links in Nashik TCS conversion case involving 171 religious videos

SIT probes funding links in Nashik TCS conversion case involving 171 religious videos

The SIT is investigating a Nashik case tied to a TCS facility, focusing on accused Nida Khan’s alleged financial support networks. Investigators have seized her bank passbook and are probing transactions. Sources allege Khan sent 171 religious videos, taught ‘namaz’ and ‘kalima,’ visited the complainant’s home to conduct rituals, and advised wearing a burqa and hijab.

Summarised by Beize from a story on Republic on 11 May 2026
IndiGo and SpiceJet plunge up to 7 as foreign travel warning hits demand

IndiGo and SpiceJet plunge up to 7 as foreign travel warning hits demand

IndiGo, SpiceJet and other travel-related stocks tumbled as Prime Minister Narendra Modi urged Indians to avoid non-essential foreign trips for a year. The move hit sector sentiment and expected demand just as crude oil prices surged, lifting aviation turbine fuel costs and squeezing airline margins further.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Swiggy Shares Drop Nearly 7% Even as Q4 Net Loss Narrows

Swiggy Shares Drop Nearly 7% Even as Q4 Net Loss Narrows

Swiggy’s stock fell up to 6.88% on Monday after its Q4 update showed the company’s net loss narrowed to Rs 800 crore, from Rs 1,081 crore a year earlier. Despite improving losses, the market reaction suggests investors were focused on other signals in the results and forward outlook, sparking sharp selling.

Summarised by Beize from a story on Republic on 11 May 2026

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Biocon arm wins Health Canada approval for micafungin injection for deadly fungal infections

Biocon arm wins Health Canada approval for micafungin injection for deadly fungal infections

Biocon Pharma Ltd’s arm has received Health Canada approval for micafungin for injection, aimed at serious fungal infections in both adults and children. The treatment will be used for conditions such as candidemia and esophageal candidiasis, and the approval extends to prophylaxis for stem cell transplant patients. The decision adds a key new offering to Biocon’s portfolio.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Goldman Sachs flags 12 alpha stocks as $22 billion FII exit spooks markets

Goldman Sachs flags 12 alpha stocks as $22 billion FII exit spooks markets

Goldman Sachs has picked 12 Indian stocks as medium-term alpha plays even as it warns the record $22 billion FII selloff in 2026 could extend further. Foreign investors have already withdrawn more than last year’s full total, driving one of India’s sharpest equity outflows in over two decades. The move comes amid persistent global risk-off sentiment.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Formula One to slash hybrid focus in 2027 pushing engines back to the front

Formula One to slash hybrid focus in 2027 pushing engines back to the front

Formula One is set to overhaul its power units from 2027, aiming to cut back on electric reliance and restore greater importance to the combustion engine. The changes are designed to make races more exciting by reducing energy-saving tactics, while improving drivability so cars feel faster and more responsive. Teams and manufacturers are already reshaping engines and car designs to fit the new rules.

Summarised by Beize from a story on The Economic Times on 11 May 2026
US stocks head into inflation and Iran week as energy shocks and earnings lift sentiment

US stocks head into inflation and Iran week as energy shocks and earnings lift sentiment

US markets are entering a critical stretch as investors weigh fresh inflation and consumer spending signals that could reshape interest rate expectations. While strong corporate earnings have supported stocks, tensions tied to Iran and headlines around President Trump meeting Xi add geopolitical risk. Rising energy prices are also in focus, threatening cost pressures and market volatility.

Summarised by Beize from a story on The Economic Times on 11 May 2026

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Telugu actor K Bharat Kanth dies at 31 after crash with container lorry in Hyderabad

Telugu actor K Bharat Kanth dies at 31 after crash with container lorry in Hyderabad

Telugu actor and content creator K Bharat Kanth, 31, died in a road accident near Hyderabad on Sunday. His car collided with a container lorry on the Outer Ring Road, killing him and his friend G Sai Trilok. The sudden loss has left fans and celebrities grieving, and attention has turned to his last Instagram post as it goes viral.

Summarised by Beize from a story on The Economic Times on 11 May 2026
NEET 2026 Paper Leak Probe Links Sikar Students to Leaked Questions 2 Days Before Exam

NEET 2026 Paper Leak Probe Links Sikar Students to Leaked Questions 2 Days Before Exam

A fresh NEET 2026 paper leak controversy has surfaced in Rajasthan after the SOG reportedly found evidence tied to Sikar district. Sources allege some questions were shared with students before the May 3 exam, prompting a wider investigation to verify the claims and trace how the leak originated. Authorities say the inquiry is ongoing.

Summarised by Beize from a story on Republic on 11 May 2026
Tamil Nadu MLAs take oath at Chennai Secretariat as new government begins today

Tamil Nadu MLAs take oath at Chennai Secretariat as new government begins today

Newly elected Tamil Nadu MLAs are taking their oath at the Chennai Secretariat as the 17th Legislative Assembly prepares to convene for its inaugural session. The Pro Tem Speaker will administer oaths to all elected members, marking the start of the new term following the electoral success of Tamilaga Vettri Kazhagam. Chief Minister C Joseph Vijay has assumed his duties.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Rajnath Singh chairs key ministers meeting on West Asia crisis as Modi pushes economic resilience

Rajnath Singh chairs key ministers meeting on West Asia crisis as Modi pushes economic resilience

Defence Minister Rajnath Singh will chair a meeting of an informal group of ministers to review the West Asia situation at 10:30 am. Prime Minister Narendra Modi simultaneously called for collective economic resilience, urging citizens to cut fuel use, prefer public transport, support local products, boost domestic tourism, and spend foreign exchange mindfully.

Summarised by Beize from a story on The Economic Times on 11 May 2026

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Bullet trains threaten short haul flights as Vaishnaw warns airline investors of the shift

Bullet trains threaten short haul flights as Vaishnaw warns airline investors of the shift

Railways Minister Ashwini Vaishnaw says India’s upcoming high speed rail corridors will dominate short haul routes, sharply cutting travel times on Mumbai Pune and Hyderabad Bengaluru. As a result, he warns air travel may become uncompetitive on these routes. The government is also planning major investment in the bullet train network, signaling a big change for aviation investors.

Summarised by Beize from a story on The Economic Times on 11 May 2026
PM Modi Honors 98 Year Old BJP Loyalist Makhanlal Sarkar He Credits Honesty and Blessings

PM Modi Honors 98 Year Old BJP Loyalist Makhanlal Sarkar He Credits Honesty and Blessings

In Siliguri, veteran BJP worker Makhanlal Sarkar, 98, said he is “reaping the rewards of honesty” after Prime Minister Narendra Modi felicitated him and sought his blessings during the swearing-in ceremony of the BJP government in West Bengal. Sarkar urged focus on development and jobs, reflecting on decades of political work following the party’s major 2026 electoral win.

Summarised by Beize from a story on Republic on 11 May 2026
US lawmakers urge Trump to block Chinese car investments at Xi summit

US lawmakers urge Trump to block Chinese car investments at Xi summit

U.S. industry groups and bipartisan lawmakers are urging President Trump not to allow Chinese auto investments ahead of his summit with Xi. They cite fears of Chinese firms gaining market dominance and potential data-security risks. With Chinese EV makers expanding in Europe and Mexico through low prices, U.S. stakeholders warn U.S. production could take a major hit.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Kiran Mazumdar Shaw hands Biocon reins to niece Claire and targets semaglutide push from FY28

Kiran Mazumdar Shaw hands Biocon reins to niece Claire and targets semaglutide push from FY28

Biocon’s Executive Chairperson Kiran Mazumdar-Shaw has mapped a five-year succession plan, naming her niece Claire Mazumdar as successor. The company expects a strong FY27 launch calendar, especially in the second half, driven by its “diabesity” franchise. It also reports significant debt reduction and will channel more operational cash flow toward further deleveraging as it targets a semaglutide push from FY28.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Swiggy shares dive 7% despite growth and margin hopes after Q4 loss warning

Swiggy shares dive 7% despite growth and margin hopes after Q4 loss warning

Swiggy shares fell about 7% after reporting a Q4 FY26 net loss of Rs 800 crore, even as the company showed narrowing losses and strong traction in food delivery and Instamart. While some brokerages like Nuvama, Nomura and Citi held bullish views on improving margins and execution, concerns remain about intensifying competition in quick commerce.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Sensex crashes 1000 points Nifty slips under 23900 as investors reel from key shocks

Sensex crashes 1000 points Nifty slips under 23900 as investors reel from key shocks

Indian markets slid sharply on Monday as the Sensex tumbled about 1,000 points and the Nifty fell below 23,900, wiping out significant value. The selloff was linked to Prime Minister Narendra Modi’s call for energy conservation and growing uncertainty around the chances of an Iran–US peace deal. Investors reacted fast to both domestic and geopolitical cues.

Summarised by Beize from a story on The Economic Times on 11 May 2026
PM Modi asks India to skip gold for weddings for a year Here is why jewellers still surge

PM Modi asks India to skip gold for weddings for a year Here is why jewellers still surge

Titan, Kalyan Jewellers and other gold-linked stocks are expected to stay in focus after Prime Minister Narendra Modi urged people to avoid buying gold for weddings for a year. Despite the demand-related message, investors are reacting to strong Q4FY26 earnings from major jewellery companies, keeping sentiment active for the sector Monday.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Fed flags Iran conflict and oil shock as top threats to inflation and global growth

Fed flags Iran conflict and oil shock as top threats to inflation and global growth

The Federal Reserve says a prolonged Iran conflict and the oil price shock it could trigger are the biggest risks to financial stability, ahead of other macroeconomic concerns. Policymakers warn that renewed geopolitical pressure may fan inflation and weigh on global growth, raising the odds of tighter monetary policy even as markets watch for direction.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Silver spikes Rs 3000 while gold holds Rs 1 52 lakh as Iran talks stall

Silver spikes Rs 3000 while gold holds Rs 1 52 lakh as Iran talks stall

Gold and silver traded mixed on MCX as fading hopes of a rapid US Iran peace deal lifted oil prices. Higher crude raised fresh inflation worries and strengthened expectations that central banks may keep interest rates elevated for longer. In the middle of the shifting macro backdrop, silver rose sharply while gold held near Rs 1.52 lakh, leaving investors weighing their next move.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Modi hails 1998 Pokhran tests as landmark science win on National Technology Day

Modi hails 1998 Pokhran tests as landmark science win on National Technology Day

On National Technology Day, Prime Minister Narendra Modi praised India’s scientific community and called the 1998 Pokhran nuclear tests a landmark moment that proved the country’s scientific excellence. In his message, Modi stressed that technology is a key pillar of a self-reliant India, powering innovation and supporting economic growth as the nation advances technologically.

Summarised by Beize from a story on Republic on 11 May 2026
Titan shares drop 6% despite 35% profit growth as analysts flag overseas losses

Titan shares drop 6% despite 35% profit growth as analysts flag overseas losses

Titan reported a strong Q4FY26 with 35% net profit growth and a 50% surge in jewellery sales, yet shares slid around 6%. The drag came from international business losses that outweighed the domestic momentum. Even so, most brokerages stayed positive, keeping Buy or Overweight calls and lifting price targets on the long-term jewellery outlook.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Meta ends Instagram end to end encrypted chats for users starting May 2026

Meta ends Instagram end to end encrypted chats for users starting May 2026

Meta says it will stop supporting end to end encrypted chats on Instagram from May 2026, citing low adoption and regulatory pressure. While WhatsApp will continue encryption by default, Instagram users will lose a key privacy layer that many relied on for private conversations. The change reignites the debate over how tech companies balance safety demands with user privacy.

Summarised by Beize from a story on Republic on 11 May 2026
Powerball jackpot jumps to 57 million for May 11—what you really get in cash Monday

Powerball jackpot jumps to 57 million for May 11—what you really get in cash Monday

The Powerball jackpot has climbed to an estimated $57 million ahead of the May 11 drawing after no ticket matched all numbers in Saturday’s draw. With the prize rolling over, players are now weighing their choices: a 30-year annuity payout or a lump-sum cash amount—both leading to very different “take-home” figures.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Dua Lipa sues Samsung for 15 million over alleged TV box image misuse

Dua Lipa sues Samsung for 15 million over alleged TV box image misuse

Pop star Dua Lipa has sued Samsung Electronics, accusing the company of using her image on television packaging without permission. She is seeking at least $15 million in damages and alleges violations spanning copyright, trademark, and publicity rights. Samsung has not commented on the ongoing case, leaving the claims to play out in court.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Cummins Hazlewood Head Skip Pakistan Again as IPL 2026 Lures Australia

Cummins Hazlewood Head Skip Pakistan Again as IPL 2026 Lures Australia

Australia’s high-profile ODI tour of Pakistan is set to feel the absence of Pat Cummins, Josh Hazlewood, and Travis Head. With the IPL continuing, all three are expected to prioritize India’s league rather than travel. The ODI series starts May 30, raising questions about how Pakistan will manage the matchups and what this means for Australia’s scheduling priorities.

Summarised by Beize from a story on Republic on 11 May 2026
Karti Chidambaram demands Parliament briefing on PM Modi seven appeals and PMO directives

Karti Chidambaram demands Parliament briefing on PM Modi seven appeals and PMO directives

Congress leader Karti P Chidambaram has demanded that the government convene Parliament and brief lawmakers on Prime Minister Narendra Modi’s “seven appeals” aimed at boosting self-reliance during global uncertainty. He also raised concerns about “PMO directives,” asking for clarity on the rollout—where citizens were urged to work from home, cut fuel use, and buy local products.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Tamil Nadu CM Vijay sworn in pledging transparency and action on finances education roads water

Tamil Nadu CM Vijay sworn in pledging transparency and action on finances education roads water

C Joseph Vijay was sworn in as the new Chief Minister of Tamil Nadu, along with his cabinet ministers taking oaths as MLAs at the Chennai secretariat. In his address, Vijay pledged to run a transparent government and tackle the state’s financial situation. He also outlined priorities including education, roads, and improved water facilities.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Rahul Gandhi attacks Modi WFH and travel warnings calling them proof of failure

Rahul Gandhi attacks Modi WFH and travel warnings calling them proof of failure

Congress leader Rahul Gandhi has slammed Prime Minister Narendra Modi’s recent appeals urging citizens to work from home and avoid foreign travel. Gandhi said these were not genuine guidance but evidence of economic problems, framing Modi’s message as a sign of failure rather than reassurance.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Hardik Pandya Sacked or Dropped MI Coach Mahela Jayawardena Hits Back at Bench Politics

Hardik Pandya Sacked or Dropped MI Coach Mahela Jayawardena Hits Back at Bench Politics

Hardik Pandya’s IPL 2026 status has sparked controversy after MI’s loss to RCB, with fans unsure whether he was benched, sacked as captain, or sidelined by injury. While the franchise has offered little clarity, coach Mahela Jayawardena directly addressed claims of “politics” behind the decision involving other top Indian players.

Summarised by Beize from a story on Republic on 11 May 2026
Greater Noida driver jumps from window as car bursts into flames in Bisrakh

Greater Noida driver jumps from window as car bursts into flames in Bisrakh

A driver in Bisrakh, Greater Noida narrowly avoided a major accident after his car suddenly burst into flames in the middle of the road on Monday. Panic spread as passersby watched the fire flare up quickly while the vehicle was moving. The driver escaped by jumping out through the window, highlighting how fast events escalated before help could arrive.

Summarised by Beize from a story on Republic on 11 May 2026
Trump and Xi talks in China will cover Iran Taiwan AI and nuclear weapons May 13 to 15

Trump and Xi talks in China will cover Iran Taiwan AI and nuclear weapons May 13 to 15

U.S. President Donald Trump and China’s Xi Jinping will meet in person in China May 13–15, their first face to face talks in over six months. U.S. officials say the agenda spans Iran, Taiwan, artificial intelligence, nuclear weapons, and extending a critical minerals deal, as both sides try to stabilize strained ties after recent trade disputes.

Summarised by Beize from a story on Republic on 11 May 2026
Urban Company widens Q4 loss to Rs 161 crore even as revenue jumps 43 percent

Urban Company widens Q4 loss to Rs 161 crore even as revenue jumps 43 percent

Urban Company reported a wider Q4FY26 net loss of Rs 161 crore despite a sharp 43% year-on-year revenue jump and record net transacting value. While international operations and core consumer services stayed profitable, the company’s overall losses increased. InstaHelp also posted strong quarter momentum with higher orders and NTV, keeping investors watching the cost trend closely.

Summarised by Beize from a story on The Economic Times on 11 May 2026
TSMC set to keep making Apple chips even with reported Intel chip deal

TSMC set to keep making Apple chips even with reported Intel chip deal

Despite reports that Apple may involve Intel in some chip efforts, experts expect Taiwan Semiconductor Manufacturing Co to remain Apple’s primary manufacturing partner. The reason: TSMC’s advanced process technology, dependable production, and edge in packaging and yields are viewed as hard to replace—especially for Apple’s most important devices.

Summarised by Beize from a story on The Economic Times on 11 May 2026
OpenAI allows employees cash out up to 30 million each as valuation reaches 400 billion

OpenAI allows employees cash out up to 30 million each as valuation reaches 400 billion

OpenAI employees, including some former staff, reportedly took part in a secondary share sale in October 2025. The collective $6.6 billion transaction valued the company at about $400 billion and enabled roughly 75 participants to liquidate holdings worth up to $30 million each. The report highlights how quickly employee equity can turn into major cashouts.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Frontier Flight Cockpit Audio Reveals Runway Hit Before Takeoff at Denver International

Frontier Flight Cockpit Audio Reveals Runway Hit Before Takeoff at Denver International

New surveillance video and cockpit audio describe how Frontier Airlines Flight 4345 struck and killed a man who trespassed onto the runway at Denver International Airport late Friday night. The aircraft was seconds away from takeoff toward Los Angeles when the impact triggered an engine fire, turning the departure into a frightening emergency.

Summarised by Beize from a story on Republic on 11 May 2026
Celina Jaitly alleges abuse and says her kids are hidden in undisclosed locations amid divorce

Celina Jaitly alleges abuse and says her kids are hidden in undisclosed locations amid divorce

Celina Jaitly, in her divorce proceedings, has accused husband Peter Haag of harassment, cruelty, and physical abuse. She says she was forced to escape with help from neighbours to protect herself and claims her children have been moved to an undisclosed location. Jaitly alleges they are being “brainwashed” against her, while authorities reportedly issued a Look Out Circular after non-cooperation in the investigation.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Ishan Kishan Emerges as Next India T20 Captain Contender as BCCI Weighs Options

Ishan Kishan Emerges as Next India T20 Captain Contender as BCCI Weighs Options

With IPL 2026 around the corner, multiple reports suggest the BCCI is preparing to choose a new India T20 captain. While Suryakumar Yadav has been in contention, the board is said to be unhappy with his current form. In that shifting landscape, Ishan Kishan is now among the names being discussed as the next possible leader.

Summarised by Beize from a story on Republic on 11 May 2026
Modi asks Indians to WFH again as fuel costs rise and reserves come under strain

Modi asks Indians to WFH again as fuel costs rise and reserves come under strain

Prime Minister Narendra Modi urged Indians to revive Covid-era habits by working from home and using virtual meetings. His message comes amid global economic uncertainty, rising fuel prices, and a push to strengthen energy security. Modi also called for reducing unnecessary foreign travel and limiting gold purchases to conserve foreign exchange reserves.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Nischal Maheshwari says buy on dips as markets shrug off oil and geopolitics

Nischal Maheshwari says buy on dips as markets shrug off oil and geopolitics

Indian equity markets have held up despite geopolitical tensions and volatile oil prices, signaling that investors may think the worst is already priced in. Market expert Nischal Maheshwari backs a “buy on dips” approach, pointing to a shift from PSU banks toward private lenders. He also flags auto stocks, saying valuations need caution.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Netanyahu says Israel wants to cut US funding to zero in a decade

Netanyahu says Israel wants to cut US funding to zero in a decade

Israeli Prime Minister Benjamin Netanyahu said Israel aims to phase out American financial support, targeting a drawdown to zero within the next decade. Speaking amid heightened Iran concerns, he argued it is the “right time” to reset the relationship and said Israel will deepen ties with Gulf states to offset the shift. The move signals a potentially major reordering of security and funding priorities.

Summarised by Beize from a story on Republic on 11 May 2026
Value 360 Communications IPO to debut today GMP signals flat start near issue price

Value 360 Communications IPO to debut today GMP signals flat start near issue price

Value 360 Communications is scheduled to debut on Monday as grey market activity suggests a near flat opening around its upper issue price of Rs 98. The Rs 41.69 crore IPO drew strong institutional interest, yet retail participation lagged. Overall subscription stood at 1.20 times, setting a modest tone for the first trading session.

Summarised by Beize from a story on The Economic Times on 11 May 2026
Thaksin freed early from Thai prison as probation begins with an electronic monitor

Thaksin freed early from Thai prison as probation begins with an electronic monitor

Thailand’s ex-Prime Minister Thaksin Shinawatra was released early after serving eight months of a one-year corruption sentence. The 76-year-old telecom billionaire will undergo four months of probation under an electronic monitoring device. With other legal cases still pending, his early release is likely to fuel fresh speculation over whether he can re-enter Thai politics.

Summarised by Beize from a story on The Economic Times on 11 May 2026
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