Hello, Current economic mood check: cautious optimism. Indian Finance Minister Nirmala Sitharaman stated that the government is committed to increasing state capital spending to support economic growth, and said that the economy has remained resilient despite global headwinds. However, she did caution against complacency, urging "quiet confidence" in making and executing the right decisions. Confidence in the country’s economic resilience was also echoed by RBI chief Sanjay Malhotra, who emphasised India’s foreign exchange reserves, low inflation and a narrow current account deficit as buffers against US tariff risks. The trade tensions have even permeated the tech ecosystem and spurred a Make-in-India drive against tech giants like Alphabet and Microsoft, pitching companies like Zoho and MapmyIndia as domestic alternatives. Also, the rupee may be going international very soon. The RBI this week announced fresh measures to push global acceptance of the rupee, including new reference rates for major trading partners. Breaking the dollar’s dominance? Now that’s the real challenge. Lastly, meet the man who just became the fastest person to climb to the second floor of France's Eiffel Tower on an all-terrain bike. Cyclist and social media sensation Aurelien Fontenoy climbed 686 steps of the monument to reach the second-floor platform, the last accessible by stairs, in 12 minutes and 30 seconds, breaking the previous record by almost seven minutes. In today’s newsletter, we will talk about - Wellness the Ayurvedic way
- Taking Rajasthani crafts global
- Giving old denims a second life
Here’s your trivia for today: Within the English language, which author has the most published books? |