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Affordable Skies 🌆🚀
Good Morning Folks!!! Laughter isn't just for humans. A certain rodent, the most common of its kind, in fact, actually finds tickling particularly enjoyable, especially around their bellies! While scientists believe it might be a way for them to bond and play with each other, it is a fascinating fact for an animal lover for certain. Can you guess which animal we are talking about? Stay tuned till the end of the newsletter to find out!
ECONOMY
India's Air Taxi Plan Takes Flight: Affordable Skies By 2026
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One Liner: India's air taxi service gears up for a 2026 launch, promising fares just a tad higher than Uber rides!
India’s ambitious air taxi project is gearing up for takeoff by 2026, promising a new era of urban air mobility. The plan aims to make air taxi fares only slightly higher than those of Uber, making it an attractive option for quick and efficient travel. This innovative venture is set to revolutionize urban transportation, offering a futuristic solution to city traffic woes. Get ready to soar through the skies without breaking the bank! 🌆🚀
FUNDING
Lenskart Raises $200M, Hits $5B Valuation!
What we think
One Liner: Lenskart bags $200 million in funding, skyrocketing its valuation to a dazzling $5 billion!
Lenskart just scored big, raising a whopping $200 million and boosting its valuation to an impressive $5 billion. This eyewear giant continues to dazzle investors with its growth and innovation in the optical space. The fresh funding is set to fuel further expansion and technological advancements, keeping Lenskart ahead in the game. With this massive financial boost, Lenskart is clearly seeing its future in 20/20 vision! 🌟🕶️
DAIRY
Milk Price Surge: Amul Hike Rates Following Mother Dairy’s Footsteps
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One Liner: Amul and Mother Dairy raise milk prices by ₹2 per liter starting June 3rd, impacting household budgets!
Hold onto your wallets, folks! Amul and Mother Dairy have announced a ₹2 per liter price hike for pouch milk, effective from June 3rd. This increase is set to impact consumers nationwide, as the dairy giants cite rising input costs as the reason behind the hike. Households across India will now have to shell out a bit more for their daily dose of milk. This move reflects the ongoing inflationary pressures in the dairy sector. Brace yourselves for a pricier breakfast! 🥛📈
WORLD
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Asia’s second richest man, Mukesh Ambani’s deal in Ghana, is drawing excessive flak from the country’s parliament minority for kicking off a sweetheart deal with the government to give wings to the 5G network in the country. In a war of words, the opposition accused the government of jumping into a conspicuous “sweetheart deal” when a nation mired in debt is grappling with issues such as fund crunches for paramount development projects.
As a means to curb immigration to the UK, the ruling Conservative Party has some hefty plans to introduce novel annual caps on family and work visas. A fresh cap each year? Absolutely! This momentous decision came after the opposition’s bragging about their plans for the cornerstone election issue. Immigration is a sorely disputable topic to be mooted to the extent that last year alone saw 685,000 migrant footfalls in the land, an erratic number that both parties don’t appreciate.
Apple’s Worldwide Developers Conference (WWDC), slated to occur next week, will reveal all things extravagant related to the tech titan, precisely its much-hyped AI iPhone status. Shares of Apple saw a major dip in Tuesday trading, although they now teeter within 1% of pulling off a jaw-dropping $3 trillion valuation for the first time since January. Fingers crossed, Apple stock aficionados.
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Events: Attend a Terrarium Workshop
RIDDLE
What has a neck but no head?
ANSWER TIME
Answer (Trivia): Rats
Answer (Tuesday’s Riddle):
Sponge
Egg
Whiteboard
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