👀 The Week At A Glance
This week we talked about immortality, government's new land renting scheme and the million-dollar mango industry.
This week we discussed a lot of interesting topics like if humans could achieve immortality and how market manipulation can go horribly wrong. So, we’re here to bring you up to speed on all that went on in just 2 minutes 50 seconds!
😮 Humans Can Achieve Immortality?
What do Jeff Bezos and Voldemort have in common? They both want to be immortal. Well, Bezos is taking a much more realistic route towards this goal: putting money into startups. But can these startups really help humans escape death? ReadOn to find out.
👩 Our $11 Trillion Debt to Women
When we talk about the economy and the GDP, we forget to take into account a major sector: the unpaid work that women do in their homes every day. If women were paid for this work, we would owe all the women in the world $11 trillion just for the last year! Wondering how we can repay them? Here’s our take.
🖇 Blockchain Beyond Crypto
The word blockchain is now inextricably linked to cryptocurrencies and NFTs. So, non-crypto enthusiasts often think it is useless for them. But, we’re here to clear this misconception and tell you how blockchain tech can make all our lives easier. ReadOn!
📈 Nickel’s Insane Rally= Market Manipulation?
Nickel rose to an insane high of $100,000/tonne earlier this week. The surge was sparked by the Russia v/s Ukraine war. But the major reason behind the crazy rise was market manipulation, short-selling gone wrong! How exactly did this happen? ReadOn to find out!
🤔 The Government is Now Your Landlord?
The government is now renting land and buildings that belong to Central Public Sector Enterprises. It has even created the National Land Monetization Corporation to facilitate the renting process. But why? ReadOn to find out.
🥭 The Mango Business
Ever wondered why mango is our national fruit? Because not only is India the biggest producer of mangoes but also the biggest consumer. But have you wondered exactly how big the mango industry in India is? Here’s our analysis.
🗞 Here's What Else Made the News and Moved Markets:
👉 Oil prices are constantly on the rise because of the Russia v/s Ukraine war. And billionaires are taking full advantage of this. Reliance has ramped up diesel production at its Jamnagar factory to increase exports to energy-starved Europe. Meanwhile, Cairn Oil & Gas (a subsidiary of Vedanta) is investing $4 billion over the next three years to find more oil in India. In the short term, this strategy could help out India and reduce our reliance on oil imports. But in the long term, the strategy could backfire as India and the world is focusing on able energy.
👉 India’s biggest IPO is finally a go. SEBI has given LIC one of the fastest approvals to go public. The insurer will now offer 31 crore shares or a 5% stake to investors. However, the problem now is timing. With markets crashing thanks to Russia v/s Ukraine, the government is hesitant to launch the country's biggest IPO (worth around Rs. 60,000 crores). But if it is delayed, the government won't meet this year's disinvestment target of Rs. 78,000 crores. A tough decision on the cards for the government?
👉 Infosys and Dow Jones are taking a page from ReadOn to declutter news from noise. The two companies know that there's a lot of noise out there about what stocks to buy and which to sell. This often makes decision making difficult and time-consuming for investors. So, they are developing AI-based tech solutions that will separate news from noise and give investors the right news, data, and analysis at the right time. But can tech help humans make better decisions than their instincts?
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Team ReadOn ❤️
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