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Weekly Newsletter | by 2 | on 2021-07-25 12:41
News you may use
AMID BURGEONING GLOBAL DEMAND… – Indian IT to Hire over 150,000 Freshers in FY22 – Big 4 players to hire over 120K freshers; demand to stay high for 12-18 months
Business activity in India saw gradual V-shaped recovery in June: Nomura
Costs of raw material for drugs rise by up to 140%
E-way bill generation sees a sharp increase in July hinting at recovery
FDI investment doubled in April-May, but secondary investments dominate inflows: RBI data
Funding into battery storage, smart grid, efficiency firms up at $10.4 billion in H1 2021
Govt clears 100% FDI in PSU oil cos
Govt collects Rs 1.01 lakh cr from excise, Rs 2.41 lakh cr from income tax in Q1
Govt seeks house nod for Rs 1.87-lakh-crore extra spend
India’s Commercial Vehicle Lenders see Prolonged Stress
India’s renewable energy plan of 175 GW by FY22-end faces multiple risks
Institutional Investors Step Up IT Play-Sectoral weight of local funds at multi-month high of 11.7% in June; FPIs’ underweight on IT drops to a multi-year low
Investors’ Prize: Most of the Cos that Listed Last Year Trade in the Green – 10 Cos Gain Over 100% from IPO prices. Around half of 38 stocks have gained at least 50%
It’s time for digital currency to counter crypto, says RBI -‘Will Deploy For Use In Phases To Ensure Least Disruption’
Monsoon effect: Consumer sentiment turns corner in July, rural India upbeat
NOMURA INDIA NORMALIZATION INDEX -Consumption Revives in June, Investments Take Smaller Hit -Japanese brokerage expects GDP growth of 10.4% in FY22
Over 17,200 new companies set up in India in April-June 2021
Pandemic forced cos to shut shops, curtail operations as buyers moved shopping online
Profits of India Inc improved markedly in FY21: SBI Ecowrap
SALES SURGE 2-9 TIMES DURING PANDEMIC YEAR-Big Retailers Grow Online Sales Several Fold in FY21
Tracking Covid-19 recovery: Retail & recreation footfalls at 21% low; GVA estimated at 7.8%
Unemployment rate falls to six-month low of 5.98%
UP TO 17 BPS DECLINE SEEN IN JULY-Falling Short-term Rates Lower Working Cap Expenses for Cos
You will no longer have to be well-connected or powerful or rich to get access to the portfolio that is perfect for you. Unfortunately, that day isn’t here just yet, but one day it will be.
If you see something in the markets these days that appears to make very little sense on the surface, or to be unsustainable given how incongruent it is with all of your prior ideas about the right way to invest, chances are there’s a community somewhere behind this activity. Feeding it and feeding upon it simultaneously. Tread carefully and try not to kick the beehive. The bees are highly invested emotionally. In many cases, their inclusion is literally all they have.
This direct-to-consumer trend from major manufacturers obviously has huge implications for digital channel growth. That is because they are cutting out distribution through a physical retail intermediary. By moving their distribution to direct consumer sales, they dramatically increase their reliance on software delivery infrastructure to facilitate the consumer’s ability to browse products, place orders, receive delivery and get customer service.
Self-healing materials to shape the cars of the future
It sounds like something out of a science fiction film, but the idea of a self-healing car might not be as wild and futuristic as it seems. Though machines that can fix themselves remain a long way off, materials engineers have been developing technology that could soon make this fiction a reality.
The Highest Forms of Wealth
Money buys happiness in the same way drugs bring pleasure: Incredible if done right, dangerous if used to mask a weakness, and disastrous when no amount is enough. The highest forms of wealth are measured differently.
The End Of The First Year And The Shape Of Things To Come
It was a year ago today that I created this Substack. A year of consistently building up a body of work, a year of refining my skills and growing my audience and experiencing for the first time the giddy thrill of making money online. Of receiving support and payment for something that I had created from scratch, rather than merely getting a monthly payday at an hourly rate from a job that has no real scope for me to slowly master a craft. The possibilities of scale, of Stripe notifications, of earning while you sleep, of recurring monthly revenue and all of those things that I had previously written off as smooth-talking guru patter became possible. Became true. The scales fell. I get it now.
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