https://github.com/ygit/arthashastradaily
Economic News from various financial portals
https://github.com/ygit/arthashastradaily
business economics finance poverty stock-market
Last synced: 3 months ago
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Economic News from various financial portals
- Host: GitHub
- URL: https://github.com/ygit/arthashastradaily
- Owner: ygit
- License: apache-2.0
- Created: 2020-11-20T13:46:09.000Z (over 5 years ago)
- Default Branch: main
- Last Pushed: 2020-11-23T14:46:22.000Z (over 5 years ago)
- Last Synced: 2024-04-13T17:52:10.533Z (about 2 years ago)
- Topics: business, economics, finance, poverty, stock-market
- Homepage: https://twitter.com/arthashastraji
- Size: 122 KB
- Stars: 2
- Watchers: 4
- Forks: 0
- Open Issues: 0
-
Metadata Files:
- Readme: README.md
- License: LICENSE
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README
# Arthashastra Daily
Economic News from various financial portals
Twitter: https://twitter.com/arthashastraji
Medium: https://medium.com/@arthashastradaily
Website: https://ygit.github.io/arthashastradaily/
---
India’s renewable energy (RE) sector is world’s 4th most attractive RE market. Why?
Globally, cost to generate Solar Energy dropped by 90% & Wind Energy costs by 70% in past 10 years
Costs almost at par with natural gas!
Global investments in RE : $282 Bn in 2019
45% coming from China, who aims to get 62% energy via Renewable Energy in next 3 years.
By 2040, India aims to generate ~49% of total electricity from Renewable Energy
Past 9 months slowed domestic solar installations by 80% in comparison to 2019.
World’s top 5 oil companies made ~$900 Bn in profits in past 10 years. RE is already grabbing a bite of this quickly doubling ‘energy need’ pie.
Reliance and Adani Green are also scaling efforts.
Stock of Adani Green Energy up 25x in 1.5 years!
RIL aims to be net carbon zero by 2035.
•Global Funds grabbing bites of India’s RE assets:
1) KKR launches Virescent for RE investments
2) EQT and Temasek set up O2 Power, a $500Mn RE platform
3) Other players actively involved include Goldman Sachs, Brookfield, SoftBank, CPPIB, JERA, GIC.
ReNew Power, Warburg Pincus backed CleanMax and Morgan Stanley owned Continuum Wind Energy, few key RE Indian players aiming for IPOs soon
Do you think India can execute with speed to achieve targets in next 10 years or will it be a bumpy ride?
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### 23, Nov, 2020
BSE Sensex: 44077.15 (+194.90)
Nifty 50: 12926.45 (+67.40)
NIFTY MID CAP 100: 19211.40 (+248.85)
NIFTY SMALL CAP 100: 6309.65 (+127.40)
India VIX — 20.79
Brent Crude: $45.42
Gold: $1868.28 = INR 50107
Silver = INR 61489
Rs/$: 74.10
5.79% GOI 2030: 5.91% (Old)
5.77% GOI 2030: 5.90%
US 10 Yr Yield — 0.85%
FII / FPI Activity: 4738.44 crs
DII Activity: (2944.05 crs)
SENSEX PE / PBV : 31.44 / 2.94
NIFTY 50 PE / PBV : 35.55 / 3.66
NIFTY MIDCAP 100 PE / PBV : 373.42 / 2.50
NIFTY SMALLCAP 100 PE / PBV : 41.97 / 2.70
---
### 20, Nov, 2020
BSE Sensex: 43882.25 (+282.29)
Nifty 50: 12859.05 (+87.35)
NIFTY MID CAP 100: 18962.55 (+160.25)
NIFTY SMALL CAP 100: 6182.25 (+70.60)
*India VIX - 19.61*
Brent Crude: $44.64
Gold: $1866.66 = INR 50083
Silver = INR 62106
Rs/$: 74.16
US 10 Yr Yield - 0.85%
FII / FPI Activity: 3860.78 crs
DII Activity: (2868.66 crs)
SENSEX PE / PBV : 31.28 / 2.92
NIFTY 50 PE / PBV : 35.56 / 3.64
NIFTY MIDCAP 100 PE / PBV : 368.58 / 2.47
NIFTY SMALLCAP 100 PE / PBV : 41.12 / 2.65
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