“Markets went wild, midcaps did a dive, Deepseek and AI wars have come alive, Trump’s antics only added to the grey. Till a Budget tax cut saved the day, The week is over. We survive. And now, happy weekend,” the CEO posted on social media.
Markets went wild, midcaps did a dive
Deepseek and AI wars have come alive
Trumps antics only added to the grey
Till a Budget tax cut saved the day
The week is over. We survive.And now, happy weekend. 😁
— Radhika Gupta (@iRadhikaGupta) February 1, 2025
Also Read | Budget 2025: What strategy should mutual fund investors follow?
At the same time, the tech world saw an escalation in the AI wars as DeepSeek, a new AI tool released from China, gained attention, deepening the battle between OpenAI, Google, and other leading players. The same week saw Trump’s antics adding to the grey after his policy announcements, injecting a dose of uncertainty into global markets.
The CEO further mentioned that the week is now over and we have survived.
In another post, she mentioned that consumption is the word of the day and she also believes that it is a budget that addresses the needs of the here and now as it puts money into the hands of people to go out and consume.
The CEO further mentioned that increasing the tax limit from Rs 7.5 lakh to Rs 12 lakh is a bold move not an incremental one.
Also Read | Budget just made international mutual funds more attractive
“CONSUMPTION is the word of the day! Heard a lot of chatter in the morning about what could possibly be done in the budget given the economic backdrop and global turmoil. I think it’s a budget that addresses the needs of the here and now – putting money into the hands of people to go out and consume. And 7.5 to 12L as exemption is a bold, not incremental move. Well done!,” Gupta posted.
