Stock market recommendations: NLC India, and Sammaan Capital have been chosen by Bajaj Broking Research as the top stocks to buy on May 8, 2026, with a 1-month target horizon.
Rishabh Agrawal, an IIT Bombay graduate and AI entrepreneur, clarified reports about declining a Meta offer. He stated the offer was higher than reported, but he chose to leave to pursue his own AI startup, aligning with his long-term vision and a growing trend among young engineers.
A weaker-than-normal southwest monsoon could significantly impact India's rural economy, reducing farm incomes, increasing food inflation, and slowing consumption demand, according to S&P Global Ratings. Agriculture, agrochemicals, tractors, and microfinance sectors are expected to face the brunt of the impact.
The World Directory of Modern Military Aircraft (WDMMA) has ranked the Indian Air Force (IAF) third in its 2026 list, placing it ahead of China's People's Liberation Army Air Force (PLAAF). This marks the fifth time since 2022 that the IAF has been ranked higher than the PLAAF.
India's assistant coach Ryan ten Doeschate expressed disappointment with the team's overseas T20I performance after a series loss to England. He emphasized the need for players to adapt and accept underachievement in foreign conditions, urging them to focus on future challenges like the World Cup in Australia.
India has successfully met its E20 ethanol blending target for petrol nationwide, years before the 2030 deadline. This significant achievement reduces import dependence, boosts energy security, and supports domestic farmers, positioning India alongside global leaders in renewable fuel adoption.
Maharashtra CM announced a Rs 13,000-crore flood mitigation plan for Mumbai, integrating traditional and nature-based drainage improvements. Funding will be shared by NDRF, state, and BMC, with detailed project reports in preparation.
