In this week’s wrapup, we bring you the inside scoop on UP’s booming mango exports, a close look at the antibiotics crisis, the reversal of India's rice export ban, what's driving the gold rally, and SEBI’s intriguing new asset class.
And for this week's markets edition, we wrote about the much anticipated Swiggy IPO!
Swiggy, once synonymous with food delivery, is now knee-deep in the quick commerce game with Instamart. This segment is booming, but it's also bleeding cash. We unpack this and how Swiggy is juggling growth and profitability amid fierce competition as it gears up for its IPO.
Click here to read the full market story.
But then, Swiggy’s IPO may still be a while away, and you’ve probably seen influencers buzzing about grabbing its unlisted shares lately. But should you even consider buying them? Find out in this video of Finshots TV!
Meanwhile, here’s a recap of what we wrote over the week.
Can UP save India’s Mango exports?
By May this year, India had already exported $49 million worth of fresh mangoes—more than what was exported in the entire year of 2022!
But it hasn't been all sunshine. Because keeping mangoes fresh for export has always been a challenge.
And it seems that UP has cracked the code to fix this issue too.
Check out our Monday newsletter to find out how we're tackling the mango export dilemma.
Could we be heading back to the pre-antibiotic era soon?
Imagine getting a small cut that turns into a life-threatening infection because no antibiotic works. Scary, right?
Unfortunately, this could soon be our reality as more microbes become resistant to treatment, and millions of lives are at risk.
Check out our in-depth Tuesday story to get the full scoop on antibiotic resistance and what it means for the future.
Why did India reverse the rice export ban?
Last year, India made a bold move by halting the export of non-Basmati rice.
This had a massive impact, disrupting the global rice trade. The repercussions were felt worldwide as importing countries struggled to find alternative suppliers, leading to soaring prices and panic buying in some regions.
But now, the Indian government has decided to lift the ban.
So, what led to the initial halt, and why the sudden change?
If you're intrigued, dive deep into India's rice cultivation and the complexities of its rice export in our Wednesday newsletter.
What’s the gold rally telling us?
Thinking about buying gold but hesitating because of the eye-popping prices?
Well, you’re not alone. Gold prices have surged, and it’s making people rethink their purchases.
But what’s causing this rally? And could it be signaling something bigger about the global economy?
We've got the answers in our Thursday story, and you definitely don't want to miss it.
Take a look and maybe even share the insights with your family!
Is SEBI’s new asset class for you?
Are you an investor always on the lookout for something new and potentially more rewarding?
Well, if you're willing to take on more risk with a slightly higher capital, SEBI has some exciting news for you.
Imagine having a range of options to invest and the freedom to decide when to withdraw your money. It sounds like the investment opportunity you've been waiting for, doesn't it?
Find out more in our Friday story, and know whether it's the right fit for you.
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 12, 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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