"Breaking Down NPCI's Recent Circular: What It Means for Customers"

Short Answer: No Charges for UPI transactions for customers such as ourselves.

To Understand the announcement thoroughly & in simple terms, please read the following 🧵👇

#npci #UPIcharges #UPIPayments 1)What are UPI and NPCI?

It is a technology/system that allows users to link more than one bank account in a single smartphone app & make fund transfers without having to provide an IFSC code or account number.

NPCI is an organization that launched UPI.

👞Did you know that Bata is not an Indian brand?

👠Were you aware that Bata India sells over 1 lakh pairs of shoes daily?

If Not, Don't miss out! Read this thread🧵 to learn all about the Bata brand.

#Bata #shoesaddict 1) What does Bata do and who owns it?

Bata is a global footwear & fashion accessory manufacturer & retailer, selling a wide range of shoes, sandals, boots, and other accessories for men, women, & children.

Bata is a family-owned business founded in 1894 in the Czech Republic.

"Adani Group Two Months Post-Hindenburg: Standing at $116 Billion Value Loss"

A Look at 9 Companies Under Adani Group🧵👇

1) Adani Ent

🔶Share price ~ 50% lower
🔶Market Cap Loss ~194,489 Cr($ 23.7B)
🔶PE Ratio~ 69% drop from 321 to 101

#Adanigroup #Hindenburg #Adani 2) ATGL

ATGL stands for Adani Total Gas Limited which operates in the natural gas distribution and marketing sector in India.

🔶Share price ~ 74% lower
🔶Market Cap Loss ~318,175 Cr($38.8B)
🔶PE Ratio~ 75% drop from 884 to 221

"Silicon Valley Bank Faces Financial Crisis: Stock Plummets 60%"

What happened? [THREAD🧵]👇

1) What is Silicon Valley Bank?

SVB is a US based bank that focuses on meeting the unique requirements of startup companies in the technology & innovation domain.

#SiliconValley #SVB 2) What is causing the trouble for Silicon Valley Bank?

The main problem is that Bank deposits are shrinking because of 2 reasons:

i) Increased cash burn by clients(Startups)

ii) Drop in venture capital deposits in the bank

Hence, bank is facing the liquidity issue.

💸"Potential Benefits of Prepaying Loans: Adani Group Recently Paid 7000+ Cr Share-Backed Loan"

[THREAD🧵]👇

Mainly 2 Reasons:

1) Adani can avoid the possibility of margin calls on pledged shares and mitigate additional selling pressure in the market.

#AdaniGroups #Adani Margin Call: When a company's shares go down below a preset value that can cover the bank's loan value, the bank will ask for more money or shares as a guarantee that the loan will be paid back.

🥤"Campa Cola Returns: Reliance Brings Back the Iconic Brand"

[THREAD🧵]👇

1) Campa Cola was a popular soft drink brand in India in the 1980s and 1990s.

It was owned by Pure Drinks Group, which was founded in 1977 by the Ramesh Chauhan family.

#Reliance #Campa #campacola 2) In 2000, the Indian government banned the production and sale of Campa Cola due to concerns about the use of pesticides in soft drinks.

🏦"Everything You Need to Know About AT1 Bonds"

Bonds are like loans that people can give to companies or governments.

[THREAD🧵]👇

1) What are AT1 Bonds?

AT1 bonds are a type of investment that banks can use to raise money when they need it.

#bonds #Banking #banknifty 2) How AT1 Bonds are different from traditional Bonds?

a) Higher Risk

AT1 bonds are considered to be high-risk investments as they are designed to absorb losses in the event of a bank's financial distress.

"The Bond Paradox: Why Longer Term Bonds Yield Less than Short Term Bonds?"

Yield= Return of Investment on Bond

[THREAD🧵]👇

1) During this current period of uncertainty, investors may be willing to accept lower yields on safer longer-term bonds.

#Powell #TreasuryBills #Fed This can increase demand for longer-term bonds.

When the demand for a bond increases, its price goes up, leading to investors buying bonds at a premium and ultimately resulting in a decrease in yield or return.

👭"Breaking Barriers and Shattering Glass Ceilings: The Top 3 Businesswomen to Know on International Women's Day"

[THREAD🧵]👇

1) Indra Nooyi

Nooyi served as the CEO of PepsiCo from 2006 to 2018.

#womenempowerment #InternationalWomensDay #WomensDay2023 Under Nooyi's leadership, PepsiCo's revenues grew from $35 B to $63.5 B, and the company's stock price increased by more than 80%.

Known for her excellent communication skills, she has been praised for her ability to articulate complex business strategies in simple terms.

📱"iPhone Maker Foxconn Announces Manufacturing Plant in Telangana"

Learn about 'Foxconn' in this [THREAD🧵]👇

1) What is Foxconn?

Foxconn, recognized as Hon Hai Precision Industry Co. Ltd., is a electronics manufacturer headquartered in Taiwan.

#Telangana #Apple 2) What is the connection between Foxconn and Apple?

Foxconn is one of Apple's largest manufacturing partners that produces a wide range of products including iPhones, iPads, MacBooks, and other Apple devices.

🚗"Hero MotoCorp and Maruti Suzuki: Two Giants in the World of Vehicles"

[THREAD🧵]👇

1) In Feb'23, 71% of the vehicles purchased in India were two-wheelers, indicating that the majority of Indian citizens primarily rely on 2W for transportation.

#marutisuzuki #heromotocorp 2) Two Wheeler Vehicles 🛵🏍️

Hero MotoCorp leads the 2-wheeler segment with a 31% market share, while Honda Motorcycle & Scooter follows closely behind with a 24% share.

🏆PhonePe and Google Pay: The Power Duo Driving 82% of UPI Transactions

[THREAD🧵]

1) During Jan 2023, a total of 803 Cr+ transactions were made using UPI.

#UPI #phonepe 2) Out of these, 47% transactions occurred on Phone Pe app while 34.6% were carried out using Google Pay, and Paytm accounted for 14.8% of the transactions.

🚑Sun Pharma Makes Strategic Investment in Agatsa Software and Remidio Innovation

[THREAD🧵] to Understand Both These Companies

Agatsa Software:

1) Sun Pharma bought 26.09% stake in Agatsa Software worth 30 Cr.

#SunPharma #acquisition 2) Agatsa is a healthcare technology company solving for early detection of hearth attacks.

3) They have developed a ECH monitoring device, SanketLife, which works by touch, totally leadless which means no leads of gel/electrodes is required to measure ECG.

"George Soros: The Billionaire at the Center of the Adani-Hindenburg Storm"

Who is George Soros? [THREAD🧵]

A) Soros is appreciated for these things in the past:

1) George Soros is considered one of the most successful investors of all time.

#GeorgeSoros #AdaniGroups #Adani 2. Soros has donated over $32B to various philanthropic causes such as democracy, human rights, education, and public health around the world.

3. Soros has supported progressive political causes and candidates, including civil rights, LGBTQ rights, & campaign finance reform.

🤔"India's Inflation Paradox: CPI Rising📈, WPI Falling📉"

Why Two Key Indicators Tell Different Stories?

[THREAD🧵] 👇

1) Both CPI and WPI are used to track the rate of inflation in the economy.

#CPI #inflation #economy #India 2) What is CPI & WPI?

CPI(Consumer Price Index) measures the change in the price of goods and services consumed by households

WPI(Whole Sale Price Index) measures the change in the price of goods traded in wholesale markets.

👨‍💼"Meet Neil Mohan: YouTube's New Captain"

[THREAD🧵] 👇

1) Susan Wojcicki, the present CEO of YouTube, resigns from her position.

2) Neil Mohan joined Google in 2008 & was the chief product officer at YouTube before taking over CEO position.

#youtubeceo #NeilMohan #YouTube 3) Mohan's contribution has been crucial in the introduction of several major YouTube products

a) YouTube Premium
b) YouTube Music
c) YouTube Kids - the app designed for children
d) YouTube TV - the live television streaming service
e) YouTube Shorts

📉Good News for India's Economy: Trade Deficit Drops by 86% in Jan

[THREAD🧵] 👇

1) A trade deficit occurs when a country imports more goods and services than it exports

Jan 23's trade deficit expected to decrease from $8.9B to $1.2B compared to the last yr

#economy #India 2) The trade balance has two primary components, namely merchandise and services.

Merchandise: Exchange of tangible goods, including raw materials, agricultural goods, & manufactured products.

Services: Exchange of intangible services (fin services/tourism/transportation)

🌐"UPI Goes International: Travelers from Abroad Can Now Use UPI!"

[THREAD🧵] 👇

1) UPI is a technology that allows users to link more than one bank account in a single smartphone app and make fund transfers without having to provide IFSC code or account number

#UPI #G20India 2) A foreign national visiting India can now use UPI to pay for goods and services in a matter of seconds, as per the permission granted by the RBI.

3) Initially, this service will only be available in selected airports of India for visitors from G20 nations.

📈"The Cost of Living Goes Up: CPI Data Shows 6.52% Increase in Goods and Services Prices"

[THREAD🧵] 👇

1) In Jan, Compared to last year, there is a 16.1% increase in price of cereals, 21% in spices, while the price of vegetables decreased by 11.7%.

#CPI #inflation #CPIdata 2) Additionally, health services became 6.36% more expensive, and clothing and footwear saw a price hike of 9.08%.

💄"From Glam to Glum: Nykaa's Profits Fall by 71%"

[THREAD🧵] to explain Q3 Results & Nykaa's Business👇

1) Nykaa is involved in three different business segments, which are:

a) Fashion
b) Beauty and Personal Care (BPC)
c) Other

#Nykaa #earnings 2) The revenue from operations in Q3 is 1,462 crore, reflecting a YoY growth of 33%.

3) There was a 37% growth in the total value of sales, as measured by GMV.

🚨"Adani Group Pledges More Shares: Unraveling the Reason Behind the Move"

[THREAD🧵]

1) SBICAP Trustee said that 3 Adani companies(Adani Transmission/Adani Green/Adani Ports) have pledged additional shares for lenders of Adani Ent.

#AdaniGroup #AdaniEnterprises #AdaniFiles 2) This could be because of Margin Call from the lenders to Adani Group.

3) What is Margin call?

When company's shares go down below a preset value that can cover bank's loan value, the bank will ask for more money or shares as a guarantee that the loan will be paid back.