How to make title for home to be News, but if page has parent then its name else just post/page name

Question

Made own template from scratch and tutorials. This is showing description of post/page Title and in home its showing website name.

<h3><?php is_home() ? bloginfo('description') : wp_title(''); ?></h3>

I wanted to change that if home page then that it writes News and if page then its name but if page is subpage then parent name.