In this week’s wrapup, we look at the downsides of Andhra Pradesh's new liquor policy, the environmental impact of the film industry, India's 6G ambitions (and the challenges they face), the Economics Nobel Prize that unravels why some once-rich countries are poor today, and the burning question—is the Indian stock market due for a correction?

And for this week's markets edition, we wrote about why a record number of Indian companies are opting for Qualified Institutional Placements or QIPs this year, and what this trend could be telling us about the real estate sector - which is seeing one of the highest amounts in QIP issues.

Click here to read the full markets story.

Meanwhile, here’s a recap of what we wrote over the week...

The problem with AP’s new liquor policy

The same whiskey bottle that costs ₹130 in Goa goes for ₹513 in Karnataka!

It's all thanks to the varying state liquor taxes, and this price gap also fuels inter-state liquor smuggling.

But here's the kicker - Andhra Pradesh is trying to tackle its own black market by introducing a new policy with ₹99 liquor, hoping that cheap booze will outcompete illegal sales.

It sounds great on paper and also for consumers. But will AP’s plan work?

Check out our Monday story to find out.

Hollywood and Bollywood's carbon footprint problem!

Did you know that a Hollywood film can emit anywhere between 390 and 3,300 tonnes of CO2 equivalent?

That’s enough emissions to power over 650 homes in the US for an entire year!

So, what can we do to reduce carbon footprints and offset emissions?

Find out in our Tuesday story.

Is India 6G ready?

Imagine 5G as a speedy motorcycle and 6G as a lightning-fast jet. And with speeds projected to be a hundred times faster, 6G will support AI-powered robots, holograms, and self-driving cars.

But there’s a catch. 6G requires an entirely new level of infrastructure—fiber optics, satellites, and tech that can handle much higher frequencies.

So is India ready for the leap?

Check out our Wednesday newsletter to know it all!

Why the Nobel Prize in Economics went to Acemoglu, Johnson and Robinson

Before the 18th century, India was one of the wealthiest nations, with an industrial output surpassing the U.S. But colonial rule changed everything—resources were exploited, and wealth disappeared.

Yet, why is that despite also being colonised, the U.S. flourished while India did not?

This year’s Nobel Laureates, Dr Daron Acemoglu, Dr Simon Johnson, and Dr James Robinson, have the answer to this question and more.

Catch the full story in our Thursday newsletter!

Is India’s stock market riding too high?

If you're into investing, you've probably heard about the P/E ratio, right?

It's a metric for evaluating a stock's worth and determining if it's overpriced or underpriced.

But there’s another ratio that’s raising eyebrows, especially after the market crashes of 2000 and 2008. Because this ratio has now hit levels in Indian equities similar to those before the U.S. market crashes.

So, should we be worrying about a market crash?

Find out all about it in our Friday story.

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 by 12 noon on October 26, 2024 (Saturday) 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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