Global investment bank Morgan Stanley has raised its Sensex target to 89,000 by June 2026, signalling an 8 per cent upside from current levels.

This revision reflects the firm's increased confidence in India's long-term growth story, supported by strong economic fundamentals and improved earnings outlook.

Additionally, Morgan Stanley has upgraded its earnings per share (EPS) estimates by nearly 1 per cent, following an upward revision in India's GDP growth forecast.

According to the report, the Sensex is now expected to trade at a trailing price-to-earnings (P/E) multiple of 23.5x -- higher than the 25-year average of 21x.

This premium valuation reflects growing investor confidence in India’s stable policy environment and medium-term growth prospects.

Thousands of people have been isolated amid record-breaking flooding on the east coast Australian state of New South Wales (NSW).

Heavy rainfall on Wednesday continued for a fourth consecutive day in regions over 100 km north of Sydney, exacerbating widespread flash flooding.

The NSW State Emergency Service (SES) said that it responded to 887 calls for assistance, including 118 flood rescues, in the 24 hours to Wednesday morning.

Around 16,000 people or 7,400 dwellings in the worst-affected areas could expect to be isolated for at least a day, Australian Broadcasting Corporation (ABC) quoted SES spokesperson Andrew Edmunds as saying on Wednesday morning.

SES was aware of 52 people trapped on tables, verandahs and their roofs, he added.

At least four people died after being electrocuted during Kashidas pujan celebrations in Uttar Pradesh’s Ghazipur, officials said on Wednesday.

The tragic incident happened in Narwar village under the Mardah police station in the Ghazipur district. Three others sustained serious injuries and are currently undergoing treatment, officials said.

The incident occurred when villagers were preparing for the puja and erecting a pandal using green bamboo poles.

According to officials, one of the poles accidentally came into contact with a high-tension electric wire passing overhead, leading to a powerful electric current that proved fatal.

“While planting bamboo poles for the puja, a tragic accident occurred due to contact with an overhead high-tension line,” said SDM Sadar Manoj Pathak.

Nearly seven in 10 young professionals (67 per cent) in India are open to new opportunities but don’t know what job titles or industries to search for, according to new research on Wednesday.

The research by LinkedIn, the world’s largest professional network, based on a survey of 2001 employed and unemployed Indian respondents aged 18-78, showed that 65 per cent of professionals in India can explain their career goals to a friend. However, they don’t know how to search for that role, and 64 per cent find job filters confusing.

Another 74 per cent said they wish they could discover relevant roles they hadn’t thought to search for.

As job titles evolve and skills become central to hiring decisions, there is increasing demand among job seekers for easier ways to find opportunities based on their skills and goals, rather than predefined titles or keywords, the research said.

The series of controversial statements by Congress leaders, in the backdrop of Operation Sindoor, is neither a coincidence nor a slip of tongue but rather it is part of a planned and well-coordinated strategy for fanning anti-India sentiments, said BJP leader Sudhanshu Trivedi on Wednesday.

The BJP national spokesperson, speaking to the media, scoffed at Congress chief Mallikarjun Kharge over his depiction of Operation Sindoor as ‘chutput’ (small) war and said that this shows the depraved mentality of the INDIA bloc.

He further said that such statements by Mallikarjun Kharge, Rahul Gandhi and other members of the INDIA bloc are giving oxygen to Pakistan and also leveraging it to build on its anti-India rhetoric.

A tragic road accident involving an SUV, a bus, and a truck resulted in the death of six people in the Vijayapura district of Karnataka on Wednesday.

According to police, five people died on the spot while another succumbed to injuries at the hospital. The deceased have been identified as Basavaraja Rathod, a bus driver; T. Bhaskar, a bank manager; his family members Pavithra, Abhiram, and Jotsna; and the car driver, Vikas Mani, a resident of Horthi village.

The accident occurred near Managooli town, close to Basavana Bagewadi in Vijayapura district, on National Highway 50.

Bhaskar's family, hailing from Telangana, was returning after visiting tourist spots in coastal and southern Karnataka. The SUV was heading towards Vijayapura when the driver lost control, causing the vehicle to jump the highway divider and collide with a private bus coming from the opposite direction.

Foreign nationals, mainly Bangladeshis, enrolled in the voters' list in West Bengal with forged documents, are being tracked, police said on Wednesday.

Sources said the investigating officials have received some specific names of such foreign nationals whose fake Indian identity documents, including Electors Photo Identity Cards (EPIC) cards, AADHAAR cards, and even Indian passports, were arranged by Azad Mullick, a Pakistani citizen recently arrested by the officials of the Enforcement Directorate (ED) in Kolkata.

Azad, a Pakistani citizen, first arranged Bangladeshi citizenship for himself and subsequently Indian citizenship, using forged documents.

Investigation revealed that Mullick was enrolled as a voter of Dum Dum-Uttar Assembly constituency in North 24 Parganas district, which is again one of the seven Assembly constituencies under Dum Dum Lok Sabha constituency.

Investigation also revealed that he had voted twice, first in the 2021 West Bengal Assembly election and then in the 2024 Lok Sabha election.

One person died and several others were injured after police resorted to a baton charge and reportedly opened fire to disperse anti-canal demonstrators in Pakistan's Sindh province, local media reported.

The unrest erupted in the city of Moro, in Sindh's Naushahro Feroze district, where protesters, demonstrating against the construction of proposed canals over the Indus River, had blocked the motorway bypass road.

Police, attempting to restore traffic, prompted the use of force. As the situation escalated, reports of gunfire added to the chaos, according to local media.

Amid the crackdown, a planned roundtable conference by the Sindhi nationalist organisation Sindh Sabha was thwarted following a heavy deployment of security forces and road blockades near the Hyderabad Press Club, as reported.

The Indian junior women’s hockey team left from Kempegowda International Airport, Bengaluru, in the early hours of Wednesday for the Four Nations Tournament in Rosario, Argentina.

The friendly tournament, part of the team’s preparation for the FIH Hockey Junior Women’s World Cup in December, will feature Argentina, Uruguay, and Chile alongside India, as the teams battle it out for top honours.

Scheduled from May 25 to June 2 (IST), the Four Nations Tournament will see the Indian team play two matches against each of the participating nations. The tournament aims to help the team evaluate their performance, test combinations, and refine strategies ahead of the World Cup.

Three youths were killed and another injured in a collision between a car and a DCM van near Kuntloor village in Telangana's Rangareddy district on Wednesday, police said.

The accident occurred at Hayatnagar on the outskirts of Hyderabad around 5.45 a.m.

According to police, a car in which four persons were travelling collided head-on with a DCM van after the driver lost control of the vehicle near the AEGIS LPG bunk, close to Narayana College. Three of the occupants of the car died on the spot, while the fourth person was injured.

The deceased have been identified as Chandrasena Reddy (24), Chunchu Trinath Reddy (24) and Chunchu Harshith Reddy (23).

Alimeti Pavan Kalyan Reddy was injured in the accident and admitted to a private hospital in Hayathnagar.