🇨🇳 - China’s share of global production capacity is now above 80% for 11 clean technologies
• Massive Chinese investments mean that China's clean tech rise may not be over
• Beijing also invested US$546bn in its own energy transition in 2022, around half of global financing

An interesting & intriguing read.

livemint.com/opinion/online…

India's large cap stock universe ie stocks with #MarketCap >$10bn has hit a century (up >3X since 2019). It is also far higher compared to the EM peers ie ~5X vs #SouthKorea #Brazil & >10X vs #Malaysia , #Indonesia etc signifying market depth & the ability to absorb big $ flows.

Cathie Wood's Ark Invest is ranked as the #1 wealth-destroying fund family over the last decade, wiping out more than $14 billion of capital, more than double the #2 ranked wealth-destroying fund family 👀

Smaller (beyond top 30 towns) saw a higher growth of 54% vs 39% for top 30 cities in F24 for direct plan #MF schemes per AMFI India & smaller town folios were at 28.1 mn vs 26 mn for top 30. However, the avg #investment per portfolio was just Rs51.6K vs Rs2.2L for larger towns.

It's been a treat watching #AbhishekSharma bat this IndianPremierLeague season. A real six-hitting machine! He has been hitting a six every 5.07 balls which is way higher than #ChrisGayle - 9.5 balls for each Six & Rohit Sharma who hits a six every 16 balls.

Gift of the gab! Brilliant wordplay as always Rahul da Cunha & team Amul.coop

BREAKING: Interest rate futures are now pricing in just 1 rate cut during 2024 for the first time ever.

After a weaker than expected GDP reading but stronger than expected PCE Price Index, another rate cut was just priced-out.

In fact, interest rate futures now see a record

The Gaza 'model' of harnessing #AI by #Israel ... 'Lavender' (identfies enemy via behaiour), 'Where's Daddy' (tracking individuals with time & date) & 'The Gospel' (that identifies locations, bldngs etc) are interesting & scary at the same time...

qmul.ac.uk/media/news/202….

No other advanced economy runs budget deficits as big as the US and no other advanced economy finances its current deficit as aggressively with short-term issuance as the US (red). The US fiscal train is running completely out of control...

Sad but not very surprising. #Bihar does not have a single #manufacturing unit listed on a #stockexchange . The state has >66L registered #investors per this report on #BSE and some very well-known #entrepreneurs / #industrialists too

High time the government pares its holdings in public sector banks. Some of the #banks are also yet to comply with the #Sebi norm of minimum public shareholding of 25%. The Aug deadline for 5 banks is nigh

#India seemingly has had a huge surplus in terms of 'export' share of expat Indian #CEOs , which was reportedly~30% vs 'import' of 1-1.5% as seen from data below in #BS .
How will this equation pan out in the next decade or two as India becomes a dominant global growth engine?

After seeing #12thFail I’m incredibly impressed by all who pass the UPSC examination.

And someone who ranks 1st??

Well, I’m awestruck.

Congratulations Aditya!

May you—and many more like you—enable our country to take a giant leap forward…

👏🏽👏🏽👏🏽

Oil money is different... Only in Dubai

Forecasts of good #monsoon & moderating farm input prices signal signs of change for #rural economy but broader #consumption will still lag as the #government rightly continues to lean on qualitative spending via higher public #Infrastructure spend. My piece in Financial Express

Salute! An ode to India's #democracy , 968 mn nearly half being women voters, helped by 150mn officials, nudging their ancient civilization into the future with seamless transition - a contrast to RoW insurrections ( #Capitol & #Brazil ) & neighbors ie #Pak #China
#Election2024

🚨 BREAKING: IRAN CLEARS AIRSPACE AFTER ISRAELI STRIKE

Iran has promised an intense and brutal response to any attack on Iranian soil by Israel.

Tonight, multiple reports and U.S. officials have confirmed that the IDF has hit a site inside of Iran.

Moments later, Iran cleared

US defence secretary Lloyd Austin says co-producing jet engine, armoured vehicles with India; Terms it revolutionary

China's trade surplus with the rest of the world keeps rising. The Q1 2024 surplus just edged out the Q1 2023 surplus. This is happening despite all the Trump tariffs that are still in place. This points in only one direction: more US tariffs are coming on China...