When the Prime Minister of a nation makes an austerity call to manage a currency crisis, investors need more than just headlines. Here is what actually happened, what it means, and what to do. On May 10, 2026, Prime Minister Narendra Modi did something that no Indian leader has done in decades. He asked citizens to voluntarily cut gold purchases, fuel consumption, foreign travel, edible oil use, and fertiliser demand, calling it “economic patriotism.” This would be India’s fi