EQ Saturday Sapience #75
Equity Intelligence 13th July 2024
How India checkmate China on silver trade, How well is India tapping its rooftop solar potential?, UP village kids forced ISRO to bring space lab. Now they use drones, building weather station, The AI industrial phase should have a real economic stimulus effect, especially in areas of the economy that badly need it.
- The recent cacophony of noises and rantings by PM Modi's detractors and the opposition party politicians have spun a narrative of a major 'Silver Imports Scam' brewing in the bowels of India's offshore business hub GIFT City. But far from the convoluted and concocted narrative, the real story here is India's biggest trade policy victory against China. In fact, the contours of the game that India has played on Silver Imports has been successful in defeating China in its own game. If the policy is implemented across more imported products, it can very well shape the Modi government's future strategy and upset China's repressive global trade plan… Read more
- To meet India’s ambitious target of installing 500 GW of renewable energy capacity, rooftop solar alone needs to contribute about 100 GW by 2030… Read more
- The 14-year-old from Hasudi Ausanpur village in eastern Uttar Pradesh along the Nepal border is part of the first cohort of 30 students to graduate from India’s first rural space laboratory. All it took was a Bollywood movie, a group of students who dared to dream big, a village head who supported them, and a leap of faith by the Indian Space Research Organisation (ISRO) on Children’s Day two years ago. Now, they’re trying to build a local weather station and see if drones can be used to predict floods… Read more
- AI is Now Shovel Ready… Five predictions for the upcoming data center construction boom, and its implications for energy and the economy… Read more
- “Our goal isn’t to find good assets, but good buys. Thus, it’s not what you buy; it’s what you pay for it. A high-quality asset can constitute a good or bad buy, and a low-quality asset can constitute a good or bad buy. The tendency to mistake objective merit for investment opportunity, and the failure to distinguish between good assets and good buys, get most investors into trouble.” —Howard Marks
