In this week’s wrapup, we talk about RBI's record dividend to the government, SEBI's crackdown on fantasy stock gaming, the Reliance-Airtel faceoff in Africa, LIC's health insurance foray and flex fuel hybrid EVs.

Here’s a recap.

₹2.1 Lakh Crore Bonanza for the government - Breaking down RBI's record transfer

Last week the RBI decided to pay out a whopping ₹2.1 lakh crore dividend to the government. But wait... Why is the central bank paying the government and where is this money even coming from?

We've summed up all of that in Monday's newsletter. You can read it here.

SEBI's crackdown on fantasy stock gaming explained

A few days ago, market regulator SEBI rolled out a circular restricting third parties like stock gaming platforms from accessing real time data from stock exchanges. And that could mean the end of paid fantasy stock trading apps. But does SEBI have a problem with them?

Find out in Tuesday's newsletter here.

Does Reliance want to take on Airtel in Africa?

In 2010 Airtel kicked off widespread operations in Africa and made it big in the continent. Within a decade it even turned profitable and became quite popular. But now, Reliance wants to make its way into the African telecom space. And the media has been talking about how that could threaten Airtel's grip on the market.

But will that happen? Check out Wednesday's newsletter to find out.

Why is LIC so late to the health insurance party?

Unless you've been living under a rock, you'll know that LIC has been eyeing acquisitions in the health insurance market. Yup! The insurance behemoth has never sold health insurance before. But why?

You'll have to read Thursday's newsletter to find out.

Are flex fuel hybrid EVs the future?

Nitin Gadkari, the Union Minister for Road Transport and Highways recently flagged off the world's first flex fuel hybrid EV and even proposed to halve GST on them. These are the kind of vehicles that can run on alternate fuel and also have an electric motor. And it could be the future of India's auto industry.

So in Friday's newsletter we wrote about it and the challenges along the way. You can read it here.

Finshots Weekly Quiz 🧩

Here’s your chance to win some exclusive Finshots merch. All you have to do is click on this 👉🏽 link, answer all the questions correctly and tune in to our Sunday newsletter aka Sunny Side Up next week to check if you got lucky.

But we'd like to announce the winner of our previous weekly quiz today since we won't be publishing a Sunny Side Up edition tomorrow (don't worry, we'll be back next Sunday).

And the winner is…🥁

Bhanu Prakash Agrawal! Congratulations. Keep an eye on your inbox and we’ll get in touch with you soon to send over your Finshots merch.

That's it from us this week. Have a great weekend!

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