Maruti rules India's car market, miles ahead of others.
Meanwhile, Hyundai holds a narrow lead over Tata Motors for the third spot!
All eyes now on who closes the gap next.
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The future is green!
While solar energy currently accounts for less than 8% of India’s electricity needs, its installed capacity is worth 22%. Think of this as the total amount of electricity contribution that our solar plants can produce when operating at full capacity. This will reduce our dependence on fossil fuels and even bring down our import bills on coal. It’ll save the country a huge chunk of money.
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Nearly 7 out of 10 cars sold in India today are SUVs!
This is higher than the global average of 50% of all car sales being SUVs. And in terms of the absolute sales numbers, we're in third spot behind China and the USA.
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India ranks at the top globally when it comes to economic activity as measured by the Purchasing Managers Index (PMI)! It is a clear signal as to how businesses see the future growth in the country.
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Last week, the US was stripped of its AAA credit rating by Moody’s. This follows S&P who cut it in 2011 (70 decades after granting the US top spot) and Fitch in 2023.
𝗪𝗵𝘆 𝗱𝗶𝗱 𝘁𝗵𝗲𝘆 𝗱𝗼𝘄𝗻𝗴𝗿𝗮𝗱𝗲 𝘁𝗵𝗲 𝗨𝗦?
Because the US debt pile continues to balloon. If it continues on its current trajectory, out of every $100 in revenue that America will make in 2035, it will end up shelling out $30 of it as interest payments. This figure was $18 in 2024 and just $9 in 2021.
𝗗𝗼𝗲𝘀 𝘁𝗵𝗲 𝗨𝗦 𝗱𝗼𝘄𝗻𝗴𝗿𝗮𝗱𝗲 𝗺𝗮𝘁𝘁𝗲𝗿 𝘁𝗼 𝗜𝗻𝗱𝗶𝗮𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀?
If a US bond is considered riskier, investors will demand a higher yield from the bonds. The 30-year bond has already crossed the 5% mark. Now if you think about it, a bond with a higher yield eventually becomes attractive for foreign investors. They'd rather buy something that is 'risk-free' than pour money into emerging market equities like India. So on a relative basis, FII money could continue to exit Indian equities.
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Here's a list of equity-oriented mutual fund categories that lead the way in SIP returns for the past 3 years.
Do you think this trend will continue for the next 3 years too?
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India's NSE and BSE - both have secured their spots among the world's top exchanges, thanks to their market capitalizations recently rallying to around $5 trillion each.
#BSE #NYSE #stockexchanges #stockmarket #investing
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Food inflation hitting us all hard!
Here’s how the prices of our everyday home-cooked thalis have surged over the last year.
#inflation #Indiainflation #foodinflation #thalinomics
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Welcome to Wealthy – your go-to destination for exploring business, finance, the economy, stock markets, and more. Whether you're a beginner or an experienced investor, our videos will quench your curiosity and keep you ahead of the curve in wealth-building.
21 November 2022