EQ Saturday Sapience #33

Equity Intelligence 23rd September 2023

In our reading journey, we delve into the shifting dynamics of Asian commerce and the diminishing dependence on Western economies and explore exciting developments in sectors ranging from finance to technology. We present to you a curated selection of content, including a fascinating podcast unravelling the intricacies of Bihar's economy, a new book exploring the looming wave of transformative technologies, and insightful articles revealing the disruptive potential of newly founded Jio Financial Services. 

  • Re-aligning Asian Commerce: We are entering an era where Asian commerce is realigning its focus more locally and reducing its Western-oriented approach. This shift will likely boost the demand for intra-Asia goods and services, thereby positioning Asian trade as a pivotal influencer in the global business cycle. Read here
  • India's Inclusion in GBI-EM Index: After a long review, JPMorgan has integrated India into the Government Bond Index-Emerging Markets (GBI-EM), a move anticipated to decrease India's borrowing costs and channel approximately $30 billion of passive inflows into the domestic debt market. Read here
  • Will Jio do to finance what it did to telecom? Armed with substantial capital and a seasoned team, Jio Financial Services is poised to make substantial inroads in India’s burgeoning financial sector. The presence of numerous robust incumbents and significant new entrants signals intensifying competition and innovation in this domain. Read here
  • Understanding Bihar’s Economy: With a population comparable to large nations and economic challenges aplenty, Bihar represents a microcosm of India's diverse and intricate landscape. This engrossing podcast featuring Mohit Satyanand and Kumar Anand offers deep insights into the unique socioeconomic challenges and prospects of the region. Listen here
  • Understanding the Next Technological Wave: The recently released book, "The Coming Wave: Technology, Power and the Twenty-First Century's Greatest Dilemma" by Mustafa Suleyman & Michael Bhaskar, delves into the transformative potential of emerging technologies like AI and Synthetic Biology. The book serves as a guide to understanding the profound impact of these innovations across various life domains and is a great read on the history of technology.  Get your copy
  • Quote: Finally we leave you with this quote by Brian Chesky, Airbnb CEO & co-founder -

    “The habits you have when you’re three people—subtle habits like what time do you get up, what time do you go to bed, do you do these things together, do you communicate—extremely subtle habits became the habitual habits of thousands of people. And when a thousand people do something a thousand times, that’s your culture.”

We hope these pieces of content and reflections will provide you with insights and food for thought over the weekend.