Analysts have adjusted their outlook on several companies. Investec lowered Punjab National Bank's target due to weak margins, while Morgan Stanley remains cautious on Dabur due to margin erosion and weak domestic revenue. Conversely, Citi is optimistic about MGL, raising its target price.
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But to understand how we got there, and why it still matters in 2025, rewind a little. To a quiet garrison town called Abbottabad, where Osama bin Laden once lounged in his compound, sipping chai not far from Pakistan’s elite military academy. That scene wasn’t fiction — it was a living embodiment of the double game Forsyth wrote about.
Following the discovery of a purported ancient temple in Sambhal, Muslim residents began demolishing homes built on allegedly encroached temple land. Authorities initiated anti-encroachment and anti-power theft drives, particularly in minority-dominated areas, after a mosque survey sparked violence. A sealed well near the mosque is now under excavation, adding to the ongoing investigation and restoration efforts surrounding the temple's rediscovery.
A 23-year-old man was arrested for injuring two cooks during a wedding firing incident in Greater Noida, a week after a toddler was killed in a similar case. Authorities issued guidelines for wedding organizers, emphasizing no weapons, functional fire systems, and adherence to traffic and music regulations.
Bangladesh has criticized India's comments on the demolition of the historic Dhanmondi 32 residence, calling them unexpected and undesirable. India condemned the demolition, highlighting its significance in Bangladesh's freedom struggle. Bangladesh's interim government connected the incident to remarks by Hasina and urged India to prevent further instability.
Seven BJP MLAs joined the Bihar cabinet led by Chief Minister Nitish Kumar. The induction brings the cabinet to its maximum legal strength of 36 members. The new ministers were administered oaths by Governor Arif Mohammad Khan.
The Delhi and District Cricket Association (DDCA) received a threatening email on Friday morning, warning of an imminent explosion at the Arun Jaitley Stadium. The stadium, which serves as the home ground for the Delhi Capitals, was scheduled to host an IPL 2025 match between DC and Gujarat Titans on May 11.
Saif Ali Khan was attacked in his Bandra residence, sparking shock and concern within the film industry. Celebrities including Parineeti Chopra, Raveena Tandon, and Pooja Bhatt raised alarms about the safety in Mumbai and demanded stronger law enforcement measures to prevent such incidents.
The Bengal government and the SSC have filed a review petition in the Supreme Court, seeking modifications to the April 3 judgment that scrapped the 2016 recruitment panel. They aim to distinguish between tainted and untainted appointees, requesting clarifications on the new recruitment process. This action follows assurances from CM Mamata Banerjee to protesting teachers, with mixed reactions arising from those affected.
The US government has reinstated the SEVIS records of 133 students, many of whom are Indian, following a court order. This allows them to continue their studies or OPT programs. While some students' visas were revoked, lawyers argue that SEVIS termination, which the government downplays, significantly impacts a student's legal status, contradicting official guidance.
Blue Origin's New Shepard capsule soared to space. It carried an all-women crew, including Katy Perry and others. The sub-orbital flight reached over 100 kilometers. The crew experienced weightlessness before a smooth landing in West Texas. This mission marks a milestone for women in space exploration. The capsule soared at three times the speed of sound.