Markets Soar to Record Highs, PLI Boosts Manufacturing, Grok AI Row & More Top Stories

• Indian markets hit record highs: Sensex climbed 573 points to 85,762, Nifty touched a life high of 26,329.
• Rupee slipped to a day’s low of 90.12 against the US dollar due to persistent dollar demand.
• Government approved 22 projects under the Electronics Component Production-Linked Incentive (PLI) scheme.
• Corporate updates: Devyani-Sapphire merger profitability focus, Coforge defends $2.35 billion Encora deal, BYD overtakes Tesla in EV sales.
• Social issues highlighted: Gig economy inequalities, Grok AI misuse prompts social media regulation talks, Indore water contamination tragedy.

Why It Matters: Markets soar, policy pushes manufacturing, corporate deals unfold, while social issues demand attention.