👀The Week At A Glance
This week we talked about an exciting new startup, India's new free trade deal and lots more.
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This week was full of analysis and introspection. We began by wondering which currency can replace dollar and concluded by pondering on the lessons that India can draw from the South Korean economy. Catch up with all this and much more in just 4 minutes.
💲 Can the Dollar Be Replaced?
Last week we left you wondering what would happen if Russia or China do manage to kill the dollar. This week we dug deeper into the topic looking at the dollar's weakness and what currencies could replace it. Here's our analysis.
🦷 Your Smile is Worth $2bn!
India has a poor oral health record because of a lack of knowledge, accessibility, and affordability. But one startup, DentalDost, is trying to change this and revolutionise the $2bn dental services market in India. Here's how it is working towards its goal.
🏦 HDFC Twins' Mega Merger
HDFC Ltd and HDFC Bank made a place in all the major headlines this week because of their surprise merger announcement. But after existing independently for years, why do these twins want to get joined at the hip now? And how will this merger benefit them and the economy? ReadOn to find out.
🖋 India is On a Deal Signing Spree
After a decade of planning and inaction, India has finally picked up speed and is signing free trade agreements. Last week it signed its second free trade agreement this year with Australia. But what exactly are free trade agreements and how can India benefit from them? ReadOn to know more.
📈 Adani Group to the Moon?
Adani Group stocks have recently been making headlines after hitting their 52-week highs. But why was the entire Adani Group stock rising all at once? ReadOn to find out!
✍ Taking Notes from South Korea
Whether it is Korean dramas, K-pop or Korean skincare, the whole world is now obsessed with South Korea's offerings. The country has made quite a name for itself in the past few years. But if you look at its history, it has also been a poor oppressed nation, just like India. So, how did it manage to become such a powerful nation now? And what can India learn from it? ReadOn to find out!
🗞 Here's What Else Made the News and Moved Markets:
👉🏻 In a surprising turn of events, Elon Musk is now the biggest shareholder of Twitter (9.2% stake), days after questioning if the social media platform promoted free speech. The free speech issue has been a major debate for a long time now. While some people believe hate speech has no space on the platform, others say it is a violation of free speech. So, how will Musk change the platform? Well, he has already begun the process. He is asking users if they finally an edit button on Twitter. But can he really make a difference?
👉🏻 Tata has finally launched its much-awaited super app: Tata Neu. It is the one app that can replace all others on your phone. It will allow you to book flights and hotels, order food and groceries invest, shop, and much much more. And with the Tata name backing its services there is a high chance that this app will become super popular soon. But with Reliance planning on launching a super app that provides over a 100 services, will Tata be successful?
👉🏻 Uber is onboarding Mumbai's black taxis on its platform. This could placate regular taxi drivers who have been losing business because of Uber and Ola's services. Plus, Uber will also have more taxis operating during peak hours. So, is this a win-win or will taxi drivers still be unhappy with this move?
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