India’s $90B quick commerce gold rush; Celebrating the New Tech Order at TechSparks

In a major policy pivot at the central bank, the Reserve Bank of India raised the repo rate by 25 basis points to 5.50% on Wednesday. This is the first time in nearly four years that the RBI has raised the repo rate, and the first hike under Governor Sanjay Malhotra. Citing persistent inflation and currency depreciation, the unanimous MPC decision was accompanied by a surprise shift to "calibrated tightening." The message is clear: the central bank is shifting to…