Hi everyone. Good morning! We hope you enjoyed our 1st business class yesterday. Tbh, we were nervous too, but some of your feedback emails gave us the courage to do it again! So, stay tuned, we will announce our Business Class #2 real soon!
Let’s start our day with some positive thoughts. Remember…
"Harmony with nature is the secret to a healthy life." - Atharvaveda
So, spend time outdoors, connecting with the natural environment ✨
Now, let’s get started with today’s issue
🎯 Top Headlines
Ola Electric Mobility is gearing up to launch its IPO later this week.
Approximately 6 crore Income Tax Returns (ITRs) filed for FY24.
GAIL India shares soar over 5% to a 52-week high following strong Q1 results.
🏹 Will Bharat ever host the Olympics?
Prime Minister Narendra Modi unveiled the ambitious bid to host the 2036 Summer Olympic Games during the 141st International Olympic Committee (IOC) session in Mumbai in 2023. But here’s the kicker: hosting the Olympics isn’t just a walk in the park—it’s more like an ultra-marathon with a hefty price tag!
The average cost of hosting the games is a cool $8 billion. And if history's any indication, budgets are more like guidelines; just look at London 2012, Rio 2016, and Tokyo 2020, which together cost a jaw-dropping $50 billion—185% OVER BUDGET!
And that’s just the tip of the iceberg; transportation and accommodation costs often go through the roof. The Paris Olympics, despite being thrifty with existing venues, are still ringing up at $9 billion!
So, the first big hurdle? That massive price tag. We’re talking about billions for world-class sporting venues and infrastructure, like fancy stadiums and slick transport systems. Remember Montreal 1976? Canada got a souvenir of debt. And Athens 2004? Some say it helped kick off Greece's economic woes. So, there's a lot at stake.
Of course, there's the glitz and glamour of potentially sparking an economic boom, creating jobs, and maybe even boosting tourism. But let's not get ahead of ourselves. Past hosts like Rio and Sochi have ended up with pricey-to-maintain venues gathering dust. And don’t forget the potential downsides: residents getting displaced, neighborhoods gentrifying, and environmental concerns popping up like weeds.
So, what's next for Bharat on this Olympic adventure?
With nearly a decade to prep, it's time for some serious planning. Think world-class facilities, killer transport links, and a marketing campaign that’ll have everyone from New Delhi to New York buzzing.
In short, if Bharat can pull this off, the 2036 Olympics could be an absolute game-changer, boosting the nation's global standing and bringing in lasting benefits. So, let the countdown begin!
But, how is Bharat doing now at the Olympics?
📌 Shooter Manu Bhaker made history by becoming the first athlete from Bharat to win multiple medals at a single edition of the Olympics.
📌 The Indian men’s hockey team, led by captain Harmanpreet Singh, defeated Ireland 2-0 in a Pool B match.
📌 The world's No. 3 badminton pair, Satwiksairaj Rankireddy, and Chirag Shetty won their second match in the men’s doubles event.
📌 Bhajan Kaur advanced to the pre-quarterfinals in the women’s individual archery event, showcasing promising talent.
📌 Balraj Panwar, Bharat’s sole rower at the Games, finished fifth in his quarter-final heat of the men’s singles sculls.
⚠️ Hold UP
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That’s it for today, folks! We will be back again tomorrow with more valuable insights about ‘Bharat in Business.’ Till then, stay in style!
