Trump's Tariff U-Turn, Rupee Rebounds, Maharashtra's 'Innovation City' & More

• Donald Trump reversed his decision to impose 10% additional tariffs on European allies, originally set for February 1, over Greenland.
• The rupee recovered 15 paise against the US dollar, trading at 91.50, after Trump's tariff U-turn improved market risk appetite.
• Gold prices slipped from their all-time high due to reduced risk aversion and a stronger US dollar, leading to profit-taking.
• Maharashtra CM Devendra Fadnavis announced an 'Innovation City' near Navi Mumbai Airport, with Tata Group investing $11 billion.
• Nagaland government made birth certificates the sole mandatory document for school admissions, government jobs, and official services.

Why It Matters: Key global and national economic shifts, policy changes, and development projects mark recent news.