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India's Economic Engine: A Sector by Sector Deep Dive! Imagine India's economy as a giant, delicious thali platter. Each sector is a unique dish, contributing its own flavor and sustenance to the overall meal. So, let's grab our metaphorical forks and dig in! The Hearty Base: Agriculture (45.5%) Just like fluffy rice forms the foundation of a thali, agriculture is the backbone of India's economy. This sector employs a whopping 45.5% of the workforce, nurturing crops, raising livestock, and ensuring food security for the nation. The Building Blocks: Construction (11.6%) and Manufacturing (11.9%) These sectors are the tireless chefs, constantly constructing new infrastructure and churning out manufactured goods. Construction, at 11.6%, is busy building roads, bridges, and buildings that form the physical framework of India's progress. Manufacturing (11.9%), on the other hand, is the alchemist, transforming raw materials into everything from clothes to cars. The Zesty Mix: Trade, Hotels & Restaurants (11.6%) and Transport, Storage & Communications (12.1%) These sectors are the waiters who keep the economic wheels turning. Trade (11.6%) ensures goods and services flow smoothly across the country, while transport & storage (12.1%) acts as the delivery system, getting things where they need to go. Hotels and restaurants add a dash of hospitality, keeping the workforce fueled and visitors happy. The Essential Utilities: Electricity, Water & Co. (5.6%) Just like the hidden spices that add depth to a dish, this sector (5.6%) provides the unseen but essential utilities like electricity and water that keep everything running smoothly. A Pinch of Something Special: Mining & Quarrying (0.6%) The smallest sector, mining & quarrying (0.6%), is like the rare spice that adds a unique touch. It extracts valuable resources from the earth, feeding into various industries. So, there you have it! India's economic thali, a diverse and flavorful mix of sectors, each playing a crucial role in the nation's growth and development.

How is the EV market performing in India? India has grown exponentially into the world's largest market for electric three-wheelers in 2023, with sales surging to over 580,000 units, a startling 65.7% rise from the year before. China, which now occupies the second place with almost 320,000 units sold, has been overthrown by this incredible development. Nonetheless, after 2021, when 11 million cars were sold, the market for electric two- and three-wheelers has generally decreased. Growth has been hindered by COVID-era supply chain issues that are still having an impact as of 2023. Now let's analyze the specifics from the Global EV Outlook 2024 report published by the International Energy Agency: China: Despite leading in the electric two-wheeler segment, China experienced a notable decline, with sales dropping by 23.4% to nearly 6 million units. India: Bucking the trend, India saw a modest yet encouraging increase of 5.9%, with just under 1 million electric two-wheelers sold. Due in large part to its rapid expansion in the three-wheeler market, India is becoming a dominant force in the electric vehicle sector. #eletricvehicle #ev #india #2wheeler #3wheeler #zactor

City with the Crown: Mumbai Takes the Lead in Mutual Fund Investments! Key Insights: * Mumbai reigns supreme, holding the highest AUM (Asset Under Management) at a whopping ₹14.3 lakh crore, claiming a dominant 26.8% of the total AUM! ️ * Delhi follows closely behind at ₹6.7 lakh crore, capturing 12.57% of the market share. * Bengaluru secures the third spot with ₹2.9 lakh crore, representing 5.49% of the total AUM. ️ What about other cities? Don't worry, they're in the game too! Pune, Kolkata, Chennai, Hyderabad, and Ahmedabad collectively contribute a significant 35.52% to the AUM. Global Reach: Even NRIs and overseas investors are getting in on the action, accounting for 4.08% of the total AUM. ✈️ #MutualFunds #InvestmentTrends #Mumbai #Finance

😱😱 Godrej Family Business splits after 127 years. Witness history in action as the iconic Godrej family begins on a momentous journey of transformation and heritage preservation! With a 127-year history, the moment has come for a strategic asset splitting worth Rs 59,000 crore ($7 billion), welcoming in a new age of concentration and alignment. Legacy Redefined: Led by opposing perspectives but unified in purpose, the Godrej dynasty orchestrates a remarkable restructure, reshaping the shape of their empire. Power Shift: Adi and Nadir Godrej take control of five respected publicly traded companies, while Jamshyd and Smita Godrej start on a journey of innovation and expansion with Godrej and Boyce. Inheritance Announced: Witness the smooth movement of equity as shares cross branches, representing the spirit of collaboration and harmony. Brand Majesty: Despite the transition, the legendary Godrej brand stands towering and steadfast, a beacon of quality and trust for future generations to come. Landmarks Await: Marvel at the presentation of ambitious land development projects that will infuse the landscape of Mumbai's eastern suburbs with innovation and promise. As one chapter ends, a new one begins, promising unity, wealth, and limitless possibility. With hearts burning and passions flying, the Godrej legacy continues, leaving an unmistakable mark on the fabric of time.

“Periodic Table of Asset Classes”. It organizes different investment options into a table format similar to the periodic table of elements. The table categorizes investments by risk and liquidity. - Risk is represented by color, with darker colors indicating higher risk.   - Liquidity is indicated by the border shading, with darker borders meaning the investment is less liquid. The table groups investments into four categories: Currency, Collectibles, Alternatives, and Real Estate. Each category has its own risk and liquidity profile. Here’s a breakdown of some of the asset classes included in the table: 1. Cash Deposits: These are the most liquid investments, including savings accounts and money market accounts. They typically offer low risk and low returns. 2. Fixed Income: These are investments that return a fixed interest rate over time, such as certificates of deposit (CDs) and bonds. They generally offer moderate risk and moderate returns. 3. Equities: These are stocks that represent ownership in a company. They offer the potential for high returns, but also come with higher risk. 4. Commodities: These are basic materials or agricultural products that can be bought and sold. They can be a volatile investment, but can also offer a hedge against inflation. 5. Real Estate: This refers to land and buildings. It can be a good long-term investment, but it is also illiquid and can be expensive to invest in. This table is a useful tool for understanding the different investment options available and how they compare to each other in terms of risk and liquidity. It is important to remember that this is just a starting point, and you should always do your own research before investing in any asset class. Here are some additional points to consider: 1. The specific risk and liquidity of an investment can vary depending on the specific investment. For example, some bonds may be more risky than others. 2. This table does not include all possible asset classes. 3. An investment advisor can help you create an investment portfolio that meets your individual needs and risk tolerance. #investment #investmentoptions #fixedDeposits #Equities #realestate #gold #commodities

Billionaires: Unveiling the Top Addresses of the Ultra-Wealthy Have you ever wondered where the world's richest people choose to call home? Look no further! Based on data from the Hurun Research Institute, this post dives into the fascinating geography of wealth. Here's a glimpse of what you'll discover: * China's Billionaire Boom: The East Asian giant reigns supreme with a staggering 814 billionaires, showcasing a remarkable concentration of wealth. * US Still a Powerhouse: The United States remains a magnet for the ultra-rich, boasting 800 billionaires within its borders. * India's Rising Stars: With 271 billionaires, India is a fast-growing player in the billionaire game, reflecting its booming economy. * Global Elite Spreads Its Wings: The wealth isn't limited to just a few countries. The United Kingdom, Germany, and Switzerland round out the top 6, highlighting a diverse global billionaire landscape.

Big 4 Battleground: Consulting Surges, But Who's King of the Castle? The Big Four accounting firms—Deloitte, PwC, EY, and KPMG—are the unchallenged leaders of the professional services industry. Beyond their immense scale, an interesting movement is taking place within their empires. Here's a look into their war chests, indicating an unexpected rival to audit and assurance's traditional dominance: Consulting Crown: While Deloitte holds the overall revenue crown at $65.1 billion, it's their consulting arm that reigns supreme, raking in a whopping $29.6 billion—nearly half their total revenue! This trend is echoed across the Big Four, with consulting showing impressive growth. Tax Titans: Don't underestimate the tax expertise of these giants. EY takes the lead in tax revenue with a hefty $12.1 billion, showcasing their prowess in navigating the complexities of global tax landscapes. Audit Authority: The traditional bread and butter of these firms, audit and assurance, still holds significant weight. PwC and Deloitte remain strong contenders, generating $18.7 billion and $20.1 billion, respectively. Beyond the Big Three: While tax, consulting, and audit dominate, the "other" category shouldn't be ignored. KPMG, with $6.1 billion, demonstrates the increasing diversification of services offered by the Big Four. As the landscape changes, it will be fascinating to witness how these titans adapt and innovate. #big4 #consulting #audit #india #personalfinance #finance #icai

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The latest Hurun Global Top 10 Rich List 2024 is out! Guess who's back on top? Elon Musk, the CEO of Tesla, has a whopping fortune of $231 billion. But that's not all—there are new faces in the billionaire club! Mark Zuckerberg from Meta, flaunting $158 billion, and Larry Page, the former Google boss, with $123 billion displacing Bertrand Puech of Hermes and Francoise Bettencourt Meyers of L’Oreal. Also, how can we forget our Warren Buffett the legend of the investing world and our own Mukesh Ambani (Flag bearer of India) So what's your call on this? Share in the comment section your view. #Top10RichestPeopleintheWorld2024 #elonmusk #richest #Top10RichestPeopleintheWorld #RichestPeopleintheWorld2024

Cashless Payments Boom in India: UPI Surges, Credit/Debit Cards Dip Fascinating insights from this infographic on the changing landscape of online payments in India! Here's what stands out: UPI emerges as the king: Cash on Delivery (COD) usage has seen a dramatic decline, with UPI now accounting for a whopping 60% of online shopping transactions! This surge likely stems from the convenience and security UPI offers. Shift towards cashless: The pre-demonetization era saw a much higher reliance on credit/debit cards (43%) compared to today's 25%. This trend underscores India's growing affinity for cashless transactions. A new era of digital payments: UPI's rise, coupled with the decline of COD and a slight dip in card usage, paints a clear picture: India is embracing digital payments for online shopping. What are your thoughts on this trend? Have you noticed a shift in your own online payment habits? Share your insights in the comments below!