Snapshots that wow!

Blue is the new Green!

“Electric-vehicle sales further decelerated in the first quarter, as purchases of gas-electric hybrids remained strong, accentuating a trend that started last year.

Industry figures released earlier this month showed that hybrid sales rose 43% in the January-to-March period, while EV sales flattened, up only 2.7% in the quarter. Contributing to the sluggish EV sales were weak numbers from Tesla, which accounts for about half of the U.S. electric market, according to data from research firm Motor Intelligence.”

Source :WSJ

Tum humein azaadi do, hum tume chutthi denge!

One of the most commonly celebrated holidays across the world after Christmas- independence from britain!

Source:Amazing Maps

Even the sun needs a system to support it!

Had it not been for the government incentives, at current prices, to put up a manufacturing facility for PV modules would make zero sense (and 0.5% RoE). This is of course assuming no delays!

Source: Kotak Institutional Equities

Stock markets and luxury, the perfect correlation?

As the Japanese Nikkei overcomes its three decade old highs, there is a surge in luxury consumption noted in Japan. LVMH in its Q1 results noted a 32% increase in sales resulting in 9% of the co’s revenues to come from Japan vs. 7% last year!

Source: LVMH Investor Presentation

You eat my pie, I eat someone else’s pie!

As BSE eats NSE’s lunch in equity options, NSE moves on to eat MCX’s lunch in commodity markets taking on a 13%+ market share in a quarter!

Source:Investec

Soot samet- door ki baat

Cost of paying for America’s national debt crossed $1 trillion dollar mark in 2023, driven by high interest rates and record $34 trillion mountain of debt; over past decade, U.S. debt interest payments have more than doubled amid vast government spending during pandemic; as debt payments continue to soar.

Interest costs now higher than US defense budget!

Source: Visual Capitalist