Kolkata: India’s efforts to draw more dollar investments, likely from non-residents, would probably need the central bank’s support the ensure that the exchange risks are covered and yields are higher than in global markets, particularly the US, economists said.

“We are pencilling in a large balance of payment (BOP) deficit of around $68 billion in FY27. Unless the global backdrop changes to lower oil prices, this is the gap that will likely need to be plugged via the forex deposit scheme being considered,” Nomura’s Sonal Varma said in a report.

After a 6% retreat in the currency in 2026 and the worst fiscal-year fall in 14 years in FY26, the rupee’s performance has often been cited as the cause for persistent exits by overseas funds. Recent media reports suggest the central bank might start a dedicated program to draw dollar inflows, although Mint Road has not confirmed the likelihood of any such program.

Nomura said that such programs need to account for higher dollar deposit rates globally compared to domestic deposit costs. Nomura argued that the Reserve Bank of India (RBI) may need to provide higher subsidies to make such a scheme attractive for banks.

According to a Reuters report on May 4, two options are being explored by the RBI-reviving a scheme similar to the 2013 FCNR(B) scheme and eliminating the 5% withholding tax on overseas government bond investors to encourage inflows.

A Bloomberg report the next day suggested the RBI is discussing an option similar to the India Millennium Deposits (IMD) in 2000, under which State Bank of India (SBI) had issued foreign-currency bonds.
The global interest rates are much higher today than in 2013, when US policy rates were near zero.

Sweeten the Deal
“This may mean that the structure of any new scheme being considered will need to be modified to account for higher dollar deposit rates globally and lower domestic deposit costs. This may require a higher subsidy from the RBI to make the scheme attractive for banks,” Varma said.

Bank of Baroda chief economist Madan Sabnavis differed with the view on the need for special schemes to attract dollars. “If remittances and NRI deposits are not rising, the expat population has a problem and will not be able to invest in such bonds even if issued,” he said.

However, he suggested that if India at all issues bonds like IMD, the yield would have to be higher than local deposit rates in the US.

“For them to be feasible for Indian banks, the rate should still be lower than domestic deposits. Otherwise, it may not be viable especially as exchange risk is taken on by the banks,” he said, adding that the exchange risk is something where the government or RBI has to take on.

Earlier, India had come out with three specific schemes to attract dollar-denominated investments- the Resurgent India Bonds (1998), the India Millennium Deposit (2000) and the FCNR(B) swap window (2013).

In the Nifty200 pack, 10 stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on May 06, 2026, according to stockedge.com’s technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Take a look:

TUCSON, Ariz. — As the search for 84-year-old Nancy Guthrie enters its fourth month, NewsNation senior correspondent Brian Entin has spotlighted a disturbing new theory: the masked suspect captured on her doorbell camera — the prime figure in her suspected abduction — may already be dead, possibly eliminated by a higher-up to tie up loose ends.

The revelation, featured in NewsNation’s one-hour special “The Nancy Guthrie Mystery” airing Wednesday, May 6, 2026, comes from a panel of top criminal profilers and forensic experts dissecting the high-profile case that has captivated the nation since Guthrie vanished from her Tucson-area home. The special will broadcast on The CW.

Guthrie, mother of “Today” show co-anchor Savannah Guthrie, was last seen Jan. 31, 2026, after dinner with family. She was reported missing the next day. Authorities found blood on her porch, a propped-open back door and chilling footage of an armed, masked individual at her front door around 2 a.m. Feb. 1. Her pacemaker disconnected from her phone at 2:28 a.m., suggesting a sudden, forceful removal.

No suspect has been publicly named. No ransom has been paid. Guthrie remains missing despite extensive searches, FBI involvement and a $1 million family reward.

The Doorbell Camera Clue and “Porch Guy” Theory

Surveillance video shows the suspect, often called “Porch Guy,” approaching Guthrie’s door, appearing to tamper with the camera before the system went offline. He carried a backpack and what appeared to be a weapon. A second image later emerged showing the same individual at her home days earlier, raising questions about prior surveillance or familiarity.

In the NewsNation special, forensic nurse and criminal profiling pioneer Dr. Ann Burgess floated the idea that this suspect may no longer be alive. “The person we see at the front door could be dead … killed by someone else … killed by the boss,” Entin summarized during the roundtable discussion. Burgess agreed the operation appeared well-planned yet contained amateur elements, consistent with a hired operative who was later silenced.

Criminal psychologist Dr. Gary Brucato echoed the possibility of multiple perpetrators. “I don’t believe this person worked alone,” he said, describing a potential “spider web” of involvement with a schemer directing a less sophisticated actor. The theory suggests internal conflict or a cleanup phase after the abduction to prevent the porch suspect from talking if caught.

Investigation Challenges and Early Missteps

Pima County Sheriff’s Office initially treated the case as a missing person, with some speculation Guthrie may have wandered off. Critics, including former officials and Entin’s sources, pointed to delays in elevating it to a full abduction probe and limited early FBI involvement. DNA evidence recovered from the scene was only recently sent for advanced FBI lab analysis.

Sources told Entin there is still “no name on the table” as a primary suspect. The investigation has examined possible financial motives, prior knowledge of Guthrie’s home layout and even theories involving retribution linked to Savannah Guthrie’s public profile. Ransom-style notes received by media outlets, including demands for Bitcoin, have surfaced but remain unverified.

One theory explored by experts: Guthrie may have known or trusted the person enough to open the door without immediate alarm, though blood evidence indicates a struggle on the porch.

Family Agony and Public Appeals

Savannah Guthrie has spoken emotionally about her mother’s disappearance while returning to work. The family has offered escalating rewards and cooperated fully with investigators, who have cleared them as suspects. Neighbors remain uneasy, with some fearing the perpetrator could strike again.

The case has drawn parallels to other high-profile abductions, with profilers noting the lack of communication from any kidnappers after initial activity as unusual — potentially explained if the operative is deceased and the operation compromised.

Broader Questions: Motive, Mexico Links and DNA Hopes

Speculation has included a possible crossing into Mexico, with unverified tips claiming Guthrie was seen alive in Sonora shortly after the abduction. Some investigators suggested she may have suffered a medical issue in captivity, leading to her death and complicating ransom efforts.

Pima County Sheriff’s Office reiterated May 4 that the case “remains active and ongoing,” with continued FBI partnership, tip review and forensic work. Advances in DNA technology offer hope for breakthroughs even months later.

Entin, who has covered the story extensively on the ground in Tucson, emphasized in the special that experts draw from patterns in past cases. The amateur-yet-targeted nature points to possible hired help rather than a lone opportunist.

What Comes Next

As the search surpasses 90 days, attention focuses on whether the porch suspect’s identity can be established through enhanced video analysis or public tips. If he is deceased, it could explain the investigative silence and shift focus to organizers or accomplices.

Criminologist Dr. Casey Jordan suggested the suspect may have had indirect familiarity through media exposure of the Guthrie family but was unlikely someone Nancy knew personally.

The case highlights vulnerabilities for high-profile families and elderly residents in suburban areas. It also underscores challenges in jurisdictions handling rare kidnappings, with calls for faster federal involvement in future cases.

For the Guthrie family, every day without answers deepens the pain. Savannah and her siblings continue advocating for tips, urging anyone with information to come forward. The $1 million reward remains active.

Brian Entin’s reporting and the expert roundtable offer no definitive closure but introduce a grim possibility: the man on the porch camera — potentially the last person to see Nancy Guthrie alive — may himself have become a victim in a larger, more calculated scheme.

Authorities urge the public to review any footage from late January and early February 2026 in the Catalina Foothills area. Even small details, they say, could prove significant in unraveling what happened that night and whether Nancy Guthrie’s kidnapper is still a threat — or already beyond justice.

Tesla is recalling more than 218,000 vehicles because of ‌delayed rearview camera images that could increase the risk of ​a crash, the National ​Highway Traffic Safety Administration (NHTSA) announced on ⁠Wednesday.

A total of 218,868 Model 3, Model Y, Model ‌S ⁠and Model X vehicles are affected by the recall.

The vehicles include the 2021 Tesla Model Y, 2022 Tesla Model Y, 2023 Tesla Model Y, 2023 Tesla Model 3, 2021 Tesla Model 3, 2022 Te

sla Model 3, 2020 Tesla Model Y, 2022 Tesla Model X, 2022 Tesla Model S, 2021 Tesla Model S, 2023 Tesla Model X, 2023 Tesla Model S, 2021 Tesla Model X and 2017 Tesla Model 3.

FORD RECALLS OVER 179,000 BRONCO AND RANGER VEHICLES OVER SEAT DEFECT

The impacted vehicles feature hardware version 3, which Tesla stopped producing in January 2024.

According to the NHTSA, the ​rearview camera display in impacted ​vehicles may be delayed when the car is put into reverse, which hurts ​driver visibility.

“Loss of the rearview camera image may affect the driver’s rearview and increase the risk of a collision,” the NHTSA said in its recall notice. “The driver may continue to reverse the vehicle by performing a shoulder check and using their mirrors.”

Tesla said there have been no reports of collisions, fatalities or injuries due to the rearview camera issue, but there have been 27 warranty claims and two field reports that may be connected to the problem.

Stocks In This Article:

The company said it will issue a free over-the-air software update to customers. The faulty software is version 2026.8.6. The remedy software is version 2026.8.6.1.

“More than 99.92% of the affected vehicle population have successfully loaded the remedy firmware,” Tesla wrote in its announcement.

TOYOTA RECALLS 73K HYBRID VEHICLES OVER PEDESTRIAN WARNING SOUND ISSUE

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This comes after the NHTSA closed an investigation last month into about 2.6 million ​Tesla vehicles over a ​feature ⁠that allowed cars to be moved remotely after determining the issue was only linked ​to low-speed incidents.

OKLAHOMA CITY — As the Los Angeles Lakers trail the top-seeded Oklahoma City Thunder 1-0 in the Western Conference semifinals, all eyes remain on Luka Doncic’s Grade 2 left hamstring strain that has sidelined the superstar since early April. With Doncic ruled out for at least Game 1 and facing a cautious recovery timeline, LeBron James must elevate his game even further to keep the series competitive.

Doncic suffered the injury on April 2 during a blowout loss to the Thunder. He traveled to Spain for specialized stem cell treatment shortly after and has shown gradual progress, including light on-court work, but remains out indefinitely. As of May 6, 2026, reports indicate he is not close to a return, with expectations he could miss the early games of this series. Recovery from a Grade 2 hamstring strain typically spans 4-8 weeks, and the Lakers are taking no risks with their MVP-caliber talent.

LeBron James, at 41, delivered 27 points on efficient shooting in Tuesday’s 108-90 Game 1 defeat but acknowledged the offensive struggles without Doncic. “We’re undermanned, we’re the underdog,” James said ahead of the series. The Thunder’s depth, led by Shai Gilgeous-Alexander, Chet Holmgren and an elite defense, makes the challenge daunting.

Here are five key strategies James and the Lakers must execute to steal games and extend the series without their Slovenian star.

1. Maximize LeBron’s Playmaking and Minutes Management

James averaged elite numbers in the first-round series against Houston and must shoulder even more responsibility. With Doncic out, LeBron needs to orchestrate the offense at a high level, averaging close to a triple-double if possible while conserving energy for both ends. Coach JJ Redick should deploy him in shorter, high-intensity bursts paired with rest periods to combat fatigue over a potential seven-game grind.

LeBron’s basketball IQ allows him to exploit mismatches against OKC’s switch-heavy defense. Targeting slower bigs or forcing help rotations can create open looks for teammates. His leadership in huddles will be crucial to maintaining morale on a roster already feeling the absence of its top scorer.

2. Unleash Austin Reaves and Supporting Cast in Pick-and-Roll Actions

Austin Reaves stepped up in the first round but struggled in Game 1 against the Thunder’s length. Without Doncic’s gravity as a pull-up threat and passer, Reaves must become the primary initiator alongside James. The Lakers should run more high pick-and-rolls with Reaves and James to force defensive decisions from Gilgeous-Alexander and company.

Role players like Rui Hachimura, D’Angelo Russell (if active) and the bench unit need to knock down open threes created by LeBron’s drives. Defensive rebounds will be vital — OKC crashes the glass aggressively, so securing boards and pushing in transition can mitigate the Thunder’s half-court dominance.

3. Defensive Intensity: Limit SGA and Force Turnovers

Holding Gilgeous-Alexander to 18 points in Game 1 was a bright spot, but the Thunder’s supporting cast overwhelmed Los Angeles. James can anchor help defense while directing switches. The Lakers must prioritize contesting threes and limiting Holmgren’s rim attacks. Zone looks or disguised coverages could disrupt OKC’s rhythm.

Forcing turnovers and converting them into easy buckets will be essential. LeBron’s help-side instincts remain elite; using his veteran savvy to anticipate passes can generate fast-break opportunities that bypass OKC’s set defense.

4. Dominate the Glass and Control Tempo

The Thunder excel in transition and second-chance points. LeBron must lead by example on the boards, boxing out and pursuing loose balls. The Lakers’ bigs need to match OKC’s physicality to avoid giving up offensive rebounds that fuel rallies. Slowing the pace slightly — through deliberate half-court sets led by James — can neutralize the Thunder’s athleticism advantage.

Executing this requires discipline. Every possession matters when down a star player. LeBron’s ability to set screens, roll or pop, and find cutters will dictate whether the Lakers can manufacture enough offense to stay within striking distance.

5. Mental Toughness and Home-Court Momentum

James has thrived in underdog scenarios throughout his career. His message to the team and Doncic post-Game 1 emphasized resilience. Winning Game 2 on the road would swing momentum heading back to Los Angeles, where the crowd and familiar surroundings could amplify LeBron’s impact.

Maintaining focus amid injury uncertainty is paramount. The Lakers have shown fight without Doncic during the regular season, going 7-4 in such games. Translating that to the playoffs against a championship-caliber opponent demands peak execution.

Broader Series Outlook

The Thunder opened the series with a convincing victory, showcasing why they are defending champions and the West’s top seed. Their depth and two-way play pose problems for an undermanned Lakers squad. Yet James has engineered playoff miracles before, and the Lakers’ first-round resilience offers hope.

Doncic’s potential return later in the series remains a wildcard. Even limited minutes from him could shift dynamics dramatically. For now, the burden falls squarely on LeBron’s shoulders. At 41, he continues defying age with elite conditioning and basketball mastery.

Game 2 offers an immediate chance for adjustment. If the Lakers can implement these five pillars — amplified LeBron playmaking, Reaves creation, stingy defense, rebounding dominance and mental edge — they can make this series far more competitive than many expect. LeBron’s legacy includes carrying teams through adversity, and this Thunder showdown may add another chapter.

As the Western Conference semifinals unfold, one thing is clear: without Luka Doncic, LeBron James must summon his inner King once more. The Lakers’ playoff survival depends on it.

Sir Tim Martin warned the FTSE 250 pub chain could miss profit targets as rising energy costs and hospitality sector challenges mount

JD Wetherspoon has cautioned it may fall short of profit targets due to “substantial increases in costs,” as pubs prepare for surging energy and shipping prices stemming from the Iran conflict. The UK’s most recognisable pub chain confirmed on Tuesday that the widely anticipated consequences from the Strait of Hormuz blockage have started to impact hospitality businesses.

Chairman Sir Tim Martin, who lives in Devon, said: “As many hospitality operators, including Wetherspoon, have reported, there have been substantial increases in costs, which may result in profits slightly below market expectations.”

Despite mounting costs, Sir Tim noted Wetherspoon was performing ahead of the market, with its sales growth outpacing audit firm RSM’s hospitality business tracker for the 43rd consecutive month,as reported by City AM.

Like-for-like sales rose by 3.4 per cent in the three months to April, while sales in the year-to-date increased by 4.3 per cent.

However, the FTSE 250 pub chain’s growth for the period was marginally slower than in preceding quarters, it revealed.

Wetherspoon has acquired 3.8m shares in the year to date at £6.80 per share, and purchased the freehold rights to four of its pubs, totalling £12.2m.

In March, shares in the pub operator fell after pre-tax profit for the first half of its financial year plummeted by 32 per cent to £22m, missing even analysts’ revised expectations.

Sir Tim said rises to national insurance and minimum wage were set to cost Wetherspoon £60m annually, alongside the £7m cost of a green levy.

He said at the time: “These cost increases will undoubtedly add to underlying inflation in the UK economy, although Wetherspoon, as always, will endeavour to keep price increases to a minimum.

“There is clearly considerable pressure on consumer finances, combined with higher taxes, wages and energy costs for the hospitality industry.”

British pubs had been preparing for steeper energy bills as a consequence of the Middle East conflict, with other leading pub operators such as Shepherd Neame cautioning that costs will rise.

Hospitality businesses are also grappling with rising employment expenses and increases to business rates bills which took effect in April.

Two thirds of pubs, bars and restaurants will be compelled to reduce staff numbers to manage these fresh costs, while one in seven will close entirely, according to trade body UK Hospitality.

Earlier this week, figures revealed that two pubs closed every day during the first three months of the year, totalling 161 businesses and 2,400 jobs lost.

ATLANTA — Ted Turner, the flamboyant media visionary who founded CNN and transformed global television with the world’s first 24-hour news network, died Wednesday at age 87.

Turner’s death, confirmed by CNN and family representatives, marks the end of an era for a larger-than-life figure who built a broadcasting empire from a regional billboard business, owned professional sports teams, championed environmental causes and donated $1 billion to the United Nations. He had been living with Lewy body dementia, diagnosed in 2018, and faced health challenges including pneumonia in early 2025.

Robert Edward Turner III was born Nov. 19, 1938, in Cincinnati. His father, a billboard advertising executive, committed suicide in 1963 when Ted was 24, leaving the family business deeply in debt. The young Turner took control, revived Turner Advertising and began acquiring television stations.

In 1970, he purchased a struggling Atlanta UHF station and renamed it WTBS. He uplinked its signal to satellite, creating the first “superstation” that reached cable subscribers nationwide. The bold move pioneered cable television distribution and laid the groundwork for his media empire.

Birth of CNN and the 24-Hour News Cycle

On June 1, 1980, Turner launched Cable News Network from a converted Atlanta mansion. Skeptics mocked the idea, saying there wasn’t enough news to fill 24 hours. Turner famously replied that the news never stops. CNN’s continuous coverage revolutionized journalism, bringing live events from around the world into homes instantly.

The network gained global prominence during the 1991 Gulf War, when its reporters provided unprecedented real-time coverage from Baghdad. CNN became essential viewing for world leaders and citizens alike, influencing diplomacy and public opinion in ways traditional networks could not. Turner expanded the brand with Headline News (now HLN), TNT, TCM and Cartoon Network.

In 1996, Turner merged his Turner Broadcasting System with Time Warner in a $7.5 billion deal. He later became vice chairman of the combined company but clashed with executives after the disastrous AOL merger. He stepped down in 2003.

Sports, Environment and Philanthropy

Turner owned the Atlanta Braves from 1976 to 1996, turning the team into a national brand and celebrating a 1995 World Series victory. He also owned the Atlanta Hawks and briefly the NHL’s Atlanta Thrashers. His passion for sailing led to victory in the 1977 America’s Cup.

An ardent environmentalist, Turner became one of North America’s largest private landowners, owning roughly 2 million acres across ranches in Montana, New Mexico and elsewhere. He built the largest private bison herd in the world, numbering tens of thousands, and supported conservation through the Turner Foundation.

In 1997, he pledged $1 billion to the United Nations, creating the UN Foundation to support global causes. With Sen. Sam Nunn, he co-founded the Nuclear Threat Initiative to reduce risks from weapons of mass destruction. He also co-created the animated series “Captain Planet and the Planeteers” to promote environmental awareness.

Personal Life and Later Years

Turner’s colorful personality and colorful marriages made headlines. He was married three times, most notably to actress Jane Fonda from 1991 to 2001. He had five children. In later years, he battled bipolar disorder and Lewy body dementia, speaking openly about his health struggles while continuing philanthropic work.

Despite health setbacks, including a 2025 bout with pneumonia, Turner remained active on his Montana ranches, where he enjoyed fishing and outdoor life. His net worth was estimated around $2.8 billion as recently as this year.

Tributes Pour In

News of Turner’s passing prompted an outpouring of tributes from media figures, politicians and environmental leaders. CNN anchors recalled his bold vision that forever changed how the world consumes news. “Ted Turner bet on the future when few others would,” said one longtime colleague.

Former President Bill Clinton, who worked closely with Turner on global initiatives, praised his generosity. Environmental groups highlighted his commitment to land conservation and biodiversity. Sports fans remembered the swashbuckling owner who brought championship glory to Atlanta.

A Lasting Legacy

Ted Turner’s impact extends far beyond cable television. He proved that bold ideas, executed with relentless drive, could reshape industries. CNN’s model inspired competitors and democratized information flow, for better and worse, in the digital age. His philanthropy set a standard for high-net-worth giving long before the Giving Pledge.

Critics sometimes portrayed Turner as erratic or overly flamboyant — the “Mouth of the South” — but admirers saw a man of vision who combined business acumen with a sense of global responsibility. He often said success brought an obligation to tackle humanity’s biggest challenges.

As the news industry he helped invent continues evolving with streaming and social media, Turner’s foundational belief in the power of continuous, accessible information remains relevant. His ranches, bison herds and charitable foundations ensure his environmental legacy will endure for generations.

Funeral arrangements were not immediately announced. Turner is survived by his children and grandchildren. In lieu of flowers, the family suggested donations to the UN Foundation or conservation causes close to his heart.

The man who declared “the news never stops” has now signed off. But the channels he opened — to information, to global awareness and to bold possibility — continue broadcasting his indomitable spirit.