In today's episode of India Ascends, Indian equity markets reached all-time high levels this morning, extending a rally driven by expectations of US and domestic rate cuts. Nifty 50, the benchmark index that tracks the 50 most valuable companies listed on the National Stock Exchange, is trading above 26,277 points, the previous all-time high recorded in September 2024. NDTV's Gaurie Dwivedi explores why Indian economy defies global tariff pressures.