Mon, Jul 1, 2024 1:18 PM
State-run SJVN's green energy arm signs deal with AM Green to supply 4.5 GW
A Flip by Riya Sharma
The Pepsi-Coca-Cola rivalry is extending to the Indian stock market, marking a new frontier in their long-standing competition. This development may lead to increased market activity and potential shifts in market share, impacting investor portfolios and the financial performance of both companies in India.
Open Flip
India's household savings have declined significantly, with net financial savings dropping by ₹9 lakh crore between 2020-21 and 2022-23, reaching a 5-year low of ₹14.2 lakh crore in 2022-23. This downward trend is attributed to increased spending on experiences, real estate, and gold, rather than savings. The pandemic years saw a surge in financial savings.
Open Flip
Bitcoin's price has dropped 1.35% in 24 hours and 9.2% in 30 days, now 16% below its all-time high of $73,835. Analysts speculate if Bitcoin has reached its "cycle top" due to declines despite retests. On-chain metrics, such as the long-term holder inflation rate and Bitcoin Dormancy Flow, suggest weakness, with the former nearing a key 2.0 threshold and the latter surging in the past 3 months.
Open Flip
