Kotak Securities maintains an add rating on PNB with a revised target of Rs 125, citing steady profitability despite weaker core earnings than peers. Jefferies reiterates a buy on Marico, raising its target to Rs 960, with management confident in strong EBITDA growth.
Indian PM Narendra Modi visited Indonesia's Prambanan Temple complex alongside President Prabowo Subianto. The visit follows an agreement for a joint conservation project, strengthening cultural ties and the India-Indonesia Comprehensive Strategic Partnership.
Microsoft is reportedly replacing AI models from OpenAI and Anthropic with its own internally developed "MAI" models in products like Excel and Outlook to cut costs. This move aligns with AI CEO Mustafa Suleyman's stated goal to reduce financial dependence on external AI labs.
The NTA is expected to release the UGC NET June 2026 provisional answer key between July 15-20. Around 9.08 lakh candidates participated. An objection window will open post-release, with a fee of Rs 200 per challenge.
Meta has released Muse Image, its first AI image generator from Meta Superintelligence Labs. The tool allows users to create images using personal photos and trending content, and also integrates with Instagram and WhatsApp. However, a feature enabling the use of public Instagram photos by default has sparked privacy concerns.
The Aam Aadmi Party has escalated its criticism of the Centre's E20 ethanol-blended fuel policy, sharing a mock receipt alleging motorists face reduced mileage and potential engine damage at full price. AAP leader Arvind Kejriwal demanded written assurances from auto manufacturers regarding E20 fuel's impact.
The Delhi government is set to launch the Delhi Laxmi Yojana on August 28, providing eligible women aged 21-60 with Rs 2,500 monthly. Preparations include finalizing eligibility criteria and setting up an online application portal, with fund disbursement options like DBT and potentially CBDC being considered.
