In this week’s wrapup, we discuss why the CDSCO wants to ban cosmetics containing mercury, the Jane Street saga, why Adani wants to buy the dead remains of Jaiprakash Associates, why India exports electricity while we still have power cuts at home and some real economics lessons from the State Bank of India’s alternate universe.

And in this week’s Markets edition, we decode Viceroy Research’s report on Vedanta and if it makes any sense. Click here to read the full markets story.

With that out of the way, let’s recap what we wrote over the week.

Your makeup isn't safe. Can the government make it safer?

Did you know that your go to skin brightening cream might be laced with mercury? Yup, the toxic stuff from thermometers!

Back in 2014, tests found that nearly half of the popular creams in India contained illegal mercury levels. Fast forward to today and despite stricter rules, mercury could still be lurking in that ‘glow’ jar on your dressing table.

But how does it get there? Why do brands still risk it? And can India finally clean up its cosmetic mess before it’s too late?

Dive into our Monday newsletter to read the full story. And who knows… you might never look at brightening cream ads the same way again.

The Jane Street saga simplified

Ever wondered how an American trading giant made a mind-boggling ₹36,500 crores off India’s F&O frenzy while small traders kept losing money?

This is the story of Jane Street — the hedge fund that used clever algorithms, huge BANK NIFTY bets and a sneaky pump and dump strategy to trap millions of hopeful traders.

And as you may have already read by now, SEBI has cracked down hard.

Curious to know exactly how they pulled it off and got caught?

Read our Tuesday newsletter to find out.

Why JP Associates' last deal has Adani at the table?

Back in 2009, the Jaypee Group dreamt of putting India on the F1 map.

But behind the shiny racetrack was a giant real estate bet that never crossed the finish line.

Fast forward to today and JP Associates is drowning in debt, thousands of homebuyers are stuck in limbo and now the Adani Group is circling like a shark for what’s left.

Is this Adani’s next big distressed buyout masterstroke or just another messy empire waiting to be salvaged?

Read our Wednesday newsletter to unlock the full story.

India exports electricity. So why do we still have power cuts?

India’s got a power paradox.

We produce more electricity than we use, export it to neighbours like Bangladesh and Nepal, and yet many of us still face annoying power cuts at home. How does that add up?

Turns out, the problem isn’t about how much we generate. It’s about who distributes it, how they pay for it and the old, creaky grid in between.

Wondering how it all connects?

Read our Thursday newsletter where we answer this and more.

Real lessons from SBI's Monetary Multiverse

What if you could predict the RBI’s next move just by looking at the Governor’s tie? Or if US interest rates were decided by Trump’s tweets and mood instead of complex models?

Sounds bizarre, we know. But SBI’s quirky “Monetary Multiverse” imagines exactly that — an alternate world where ties, personalities and word counts reveal more than official data does. But beneath the fun lie some real economic lessons.

That’s what we unpacked in Friday’s newsletter. Click here to check it out.

Finshots Weekly Quiz 🧩

It’s time to announce the winner of our previous weekly quiz. And the winner is…🥁

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

And for the rest of you, 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 by 12 noon on July 18th (Friday) and tune in to our Sunday newsletter aka Sunny Side Up next week to check if you got lucky.

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

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Delaying buying a term insurance plan.

There could be many reasons for this, but for a lot of people, it’s simply because they’re unsure or just haven’t had the right guidance.

The truth is, term insurance is one of the simplest and most affordable ways to protect your family financially if something were to happen to you. If you’re unsure where to begin, Ditto can help. Book a FREE consultation with an advisor who’ll walk you through it.