EQ Saturday Sapience #15

Equity Intelligence 20th May 2023

Measurement of poverty is fraught with problems, most of them expert-made, Debt trap awaits the young, and What led to turnaround of Indian banks & can it sustain?


Progress on poverty has a large political dimension - if growth in Gross Domestic Product (GDP) matters for elections in advanced economies, poverty decline matters the most in emerging economies.

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With youngsters latching on to the consumption bandwagon, their finances are increasingly under pressure. The flip side of being a consumption-driven economy is that it can land the financially in-disciplined in a mess. So, it's not surprising that cases of personal bankruptcy are slowly rising even as India reaps the benefit of a demographic dividend.

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India’s once-troubled banks are generating huge profits…What lies behind the unlikely turnaround? But only continued success for the state banks will show that Indian finance has truly changed.

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Quote of the Week

“If you buy the same securities everyone else is buying, you will have the same results as everyone else.” - Sir John Templeton