The market is consolidating after a strong run, with financials expected to continue performing well due to their significant weight on the Nifty and previous underperformance. Cement and chemicals sectors are emerging as new leaders, showing promise. Despite turbulence in the US, its strong growth supports the positive outlook for chemicals. Defence and capital goods sectors are also performing well. A new high is possible this fiscal year.

MP Gurumoorthy alleges illegal liquor sales in Tirupati, accusing the TDP coalition of oversight. He states shops are violating excise laws, selling above MRP, and operating outside legal hours. Bhumana Abhinay inspected outlets, confirming violations. Gurumoorthy claims the city has become a hub for unlawful liquor trade, threatening its sanctity. He demands government action and accountability for the alleged lawlessness.

Fashion handbag brand Miraggio has raised Rs 55 crore in Series A funding to fuel expansion plans. The company aims to open 15-20 experiential stores in two years, expanding to 40-50 stores across tier-1 and tier-2 cities over four-five years. Funds will also be used for product category extensions, tech-led consumer experiences, and bolstering team strength and tech capabilities.

Summer consumer goods companies in India are cutting production by up to 25% due to lower-than-expected sales in April and early May. This reverses earlier plans for robust output following heatwave forecasts. Intermittent rains and delayed heat have dampened demand, leading to excess inventory. Companies like Godrej and Blue Star are adjusting production, impacting overall sales, especially in the South, East, and West regions. The industry now faces a subdued quarter.

Summer's heat and changing routines can disrupt digestion. Fibre, a key nutrient, aids gut health by regulating bowel movements and nourishing beneficial gut bacteria. Soluble fibre softens stool, while insoluble fibre adds bulk. Fibre-rich foods like fruits, vegetables, and whole grains support a healthy microbiome, reducing inflammation and boosting immunity. Including fibre in your diet helps maintain digestive balance during summer travel and activities.

Apple's AI efforts, led by John Giannandrea, are facing significant challenges. Siri upgrades are delayed due to bugs and integration issues. Leadership shuffles reflect concerns over progress. Technical problems and limited GPU access hinder development. Executives fear Apple could become irrelevant if it fails in AI. The company is shifting focus to improving existing AI features and may rebrand Siri. Despite setbacks, some remain optimistic about Apple's AI potential.

Dell Technologies has unveiled new servers powered by Nvidia's Blackwell Ultra chips, aiming to capitalize on booming demand for artificial intelligence systems. The servers can train AI models up to four times faster than previous models and support up to 192 Nvidia chips. Pricing will be "competitive", according to Dell's President of Infrastructure Solutions Group.

Union Minister Jitendra Singh has suggested using Artificial Intelligence (AI) to identify IAS officers for domain-specific postings and targeted government projects. He made this proposal while launching the electronic civil list, 2025, an e-book containing details of IAS officers across India. The AI enhancement could allow domain-specific searches to help identify suitable officers for mission mode projects.

Jewellery demand is rising as gold prices fall 7% from their peak, driven by easing US-China trade tensions and the approaching wedding season. Consumers are showing increased interest in both 18-carat and 22-carat jewellery. Some customers are placing orders early, anticipating potential future price increases. Jewellers also report growing demand for more affordable options, including lower-carat gold jewellery.

President Trump signed the Take It Down Act, a bipartisan law targeting non-consensual intimate imagery and deepfakes. The law mandates websites remove such content within 48 hours of notification. While Melania Trump and Meta support it, critics cite potential censorship and First Amendment infringements due to the law's broad language. The Act criminalizes publishing intimate images without consent, including AI-generated deepfakes.