Good Morning Folks!!! Have you ever wondered which country is the world’s largest coffee producer? This nation, known for its rich coffee culture, has led global coffee production for over 150 years. It produces nearly one-third of the world's coffee supply, much of it grown in the lush, tropical regions. Can you guess which country this is? Stay tuned till the end to find out!

FINANCE
NSE Surpasses 100 Million Milestone with Youthful Surge

One Liner: Rapid digitization and market growth propel India's investor count to 100 million, with the youth leading the charge.

The National Stock Exchange (NSE) of India has reached a significant milestone, crossing 100 million unique investors. The last 10 million were added in just five months, fueled by rapid digitization, increased financial literacy, and growing market enthusiasm. A noteworthy trend is the rising participation of young investors, with the median age dropping from 38 to 32 years over the past five years, and a surge in female investors.

POLICY
RBI Holds Repo Rate at 6.5%, Focuses on Inflation Control and Growth Support

One Liner: The RBI keeps the repo rate steady at 6.5% to balance inflation control with growth support amid rising food prices.

In a key decision, the Reserve Bank of India (RBI) has maintained the repo rate at 6.5% for the ninth consecutive time, emphasizing its commitment to controlling inflation while supporting economic growth. This move follows a period of stable core inflation and deflated fuel prices, but persistent food price hikes pushed headline inflation up to 5.1% in June. RBI Governor Shaktikanta Das highlighted the need for a steady monetary policy to manage inflationary pressures and support growth. The MPC’s continued focus on withdrawing accommodation aims to align inflation with targets while keeping growth robust, with a projected GDP growth of 7.2% for 2024-25. Despite uneven disinflation progress, the RBI remains vigilant and optimistic about future economic stability.

GOVERNMENT
Adani Aims High with $1.2 Billion Share Sale

One Liner: Adani Enterprises is planning to raise $1.2 billion through a share sale, aiming to boost growth and expand its business empire!

Hold onto your hats, folks! Adani Enterprises is reportedly gearing up to raise a whopping $1.2 billion through a fresh share sale for its flagship firm. This ambitious move is part of the conglomerate's strategy to power up its growth engine and strengthen its balance sheet. The funds raised are expected to fuel various projects and investments, solidifying Adani's position in key sectors. As one of India's biggest business players, Adani is definitely keeping its eyes on the prize, and investors are eagerly watching how this exciting venture unfolds.

WORLD

YouTube has launched a new feature called "Brainstorm with Gemini" to aid creators in generating video ideas using artificial intelligence. This tool allows users to input a topic, after which it suggests content ideas, script outlines, and even titles to enhance creativity and productivity. The feature is part of YouTube’s broader strategy to integrate AI-driven tools to assist content creators in developing engaging content, staying competitive with other platforms, and leveraging AI for more efficient content production.

Many buyers are returning their Humane AI Pins shortly after purchase due to dissatisfaction with the device's design, functionality, and software glitches. The AI Pin, which is meant to serve as a personal AI assistant, has faced criticism for poor performance and limited practical use, leading to a high return rate that surpasses sales. Customers have expressed frustration with the device's inability to deliver on its promises, highlighting the challenges companies face in the emerging wearable AI market.

China has launched the first satellite for its "Guowang" internet constellation, aiming to create a network of 13,000 satellites for global internet coverage. This initiative positions China to compete with U.S.-based companies like SpaceX's Starlink in the growing satellite internet market. The launch marks a significant step in China's plans to enhance its space capabilities and provide widespread internet access, particularly in underserved areas. The Guowang constellation is expected to significantly expand China's presence in the space industry and boost its technological advancements.

Event: Let’s Jam Musical Evening X Social

Foodie’s Choice: Egg Porotta from Aattutheeram

Workshop: Resin clock Workshop

Riddle

What has to be broken before you can use it?

ANSWER TIME!!

Answer(Trivia): Brazil

Answer(Riddle): An egg