{"id":31362,"date":"2024-07-26T17:35:16","date_gmt":"2024-07-26T12:05:16","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=31362"},"modified":"2024-08-03T10:32:36","modified_gmt":"2024-08-03T05:02:36","slug":"market-stories-in-charts-week-of-22nd-july-2024","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/market-stories-in-charts-week-of-22nd-july-2024\/","title":{"rendered":"Market Stories in Charts | Week of 22nd July 2024"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Data discoveries of the week presented in charts. A look at wedding spend, change in new tax regime, rupee earned &amp; spent, budget allocation, olympic fever and more.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">1. <\/span><span style=\"font-weight: 400;\">A comparison of<\/span><a href=\"https:\/\/x.com\/hashtag\/wedding?src=hashtag_click\"><span style=\"font-weight: 400;\"> #wedding<\/span><\/a><span style=\"font-weight: 400;\"> spending across countries.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The Great Indian Wedding industry is valued at $130 billion. Indians spend about 10x their per capita GDP on weddings. According to a Jefferies research, the avg. Indian spends roughly 2x as much on weddings as on education.<br \/>A comparison of <a href=\"https:\/\/twitter.com\/hashtag\/wedding?src=hash&amp;ref_src=twsrc%5Etfw\">#wedding<\/a> spending across countries ??\u2026 <a href=\"https:\/\/t.co\/JZo3Sfa8Xp\">pic.twitter.com\/JZo3Sfa8Xp<\/a><\/p>\n<p>&mdash; Kuvera (@Kuvera_In) <a href=\"https:\/\/twitter.com\/Kuvera_In\/status\/1815359999738077410?ref_src=twsrc%5Etfw\">July 22, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>2. <span style=\"font-weight: 400;\"><a href=\"https:\/\/x.com\/hashtag\/Budget2024?src=hashtag_click\">#Budget2024<\/a> brings changes to the New Tax regime. Good news to salaried taxpayers?<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Budget2024?src=hash&amp;ref_src=twsrc%5Etfw\">#Budget2024<\/a> brings changes to the New Tax regime. Good news to salaried taxpayers?<\/p>\n<p>Tell us what you think. <a href=\"https:\/\/t.co\/DoZDr2FX36\">pic.twitter.com\/DoZDr2FX36<\/a><\/p>\n<p>&mdash; Kuvera (@Kuvera_In) <a href=\"https:\/\/twitter.com\/Kuvera_In\/status\/1815682435369095663?ref_src=twsrc%5Etfw\">July 23, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>3.\u00a0<span style=\"font-weight: 400;\">A chart that shows how a single rupee is earned and spent.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">More than 1\/2 of our revenue comes from taxes, followed by borrowings and other liabilities whereas, only 1\/5 of the total revenue is transferred to the states for decentralised fiscal planning. Here is a chart that shows how a single rupee is earned and spent ?<a href=\"https:\/\/twitter.com\/hashtag\/chartoftheday?src=hash&amp;ref_src=twsrc%5Etfw\">#chartoftheday<\/a> <a href=\"https:\/\/t.co\/SyqJAkZfkz\">pic.twitter.com\/SyqJAkZfkz<\/a><\/p>\n<p>&mdash; Kuvera (@Kuvera_In) <a href=\"https:\/\/twitter.com\/Kuvera_In\/status\/1816020571383046535?ref_src=twsrc%5Etfw\">July 24, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>4. <span style=\"font-weight: 400;\">The Budget 2024, Allocations made to different sectors.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The Budget 2024, proposed a total expenditure of\u00a0\u20b947.65 trillion for FY 2024-25, a 6% increase over the revised estimate for FY 2023-24. Here is a chart that breaks down the allocations made to different sectors. ?<a href=\"https:\/\/twitter.com\/hashtag\/chartoftheday?src=hash&amp;ref_src=twsrc%5Etfw\">#chartoftheday<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Budget2024?src=hash&amp;ref_src=twsrc%5Etfw\">#Budget2024<\/a> <a href=\"https:\/\/t.co\/U1Z1nCO8Di\">pic.twitter.com\/U1Z1nCO8Di<\/a><\/p>\n<p>&mdash; Kuvera (@Kuvera_In) <a href=\"https:\/\/twitter.com\/Kuvera_In\/status\/1816375489633698258?ref_src=twsrc%5Etfw\">July 25, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"cqiun4t2 khvhiq1o r5qsrrlp i5tg98hk iqx13udk przvwfww qiohso4h gfz4du6o r7fjleex nz2484kf svot0ezm dcnh1tix sxl192xd t3g6t33p\"><span class=\"\">5. <\/span><\/span><span style=\"font-weight: 400;\">Olympic fever is in the air.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Olympic fever is in the air? <br \/>Ever wondered which state produced the most Olympians for Paris, 2024? Check out this map to find out.<a href=\"https:\/\/twitter.com\/hashtag\/chartoftheday?src=hash&amp;ref_src=twsrc%5Etfw\">#chartoftheday<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Olympics2024?src=hash&amp;ref_src=twsrc%5Etfw\">#Olympics2024<\/a> <a href=\"https:\/\/t.co\/3GSR9yv9wa\">pic.twitter.com\/3GSR9yv9wa<\/a><\/p>\n<p>&mdash; Kuvera (@Kuvera_In) <a href=\"https:\/\/twitter.com\/Kuvera_In\/status\/1816784510534500422?ref_src=twsrc%5Etfw\">July 26, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>6.\u00a0<span style=\"font-weight: 400;\">Silver vs. Stocks: comparing performance during recessions.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Silver vs. Stocks: Comparing Performance During Recessions ?<a href=\"https:\/\/t.co\/qu1bmX4z2j\">https:\/\/t.co\/qu1bmX4z2j<\/a> <a href=\"https:\/\/t.co\/zNLobhunUU\">pic.twitter.com\/zNLobhunUU<\/a><\/p>\n<p>&mdash; Elements (@VCElements) <a href=\"https:\/\/twitter.com\/VCElements\/status\/1816579434222170520?ref_src=twsrc%5Etfw\">July 25, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>7.\u00a0<span style=\"font-weight: 400;\">Streaming service giant Spotify finally enroute to profitability after generating 471 million euros in net income in H1 2024.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">After publishing its financial results for the second quarter of 2024, <a href=\"https:\/\/twitter.com\/Spotify?ref_src=twsrc%5Etfw\">@Spotify<\/a> seems to be on track for a major milestone: recording its first year of turning a profit. In the first six months of 2024, the streaming service generated 471 million euros in net income. <a href=\"https:\/\/t.co\/BPpRJteD7a\">pic.twitter.com\/BPpRJteD7a<\/a><\/p>\n<p>&mdash; Statista (@StatistaCharts) <a href=\"https:\/\/twitter.com\/StatistaCharts\/status\/1816481028959039882?ref_src=twsrc%5Etfw\">July 25, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>8. <span style=\"font-weight: 400;\">How the world has reduced inequality in life and wealth.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">How the world has reduced inequality in life and wealth. our report reveals the remarkable achievements of the world in closing the gap in life expectancy and GDP per capita. <a href=\"https:\/\/twitter.com\/hashtag\/AgeOfEquality?src=hash&amp;ref_src=twsrc%5Etfw\">#AgeOfEquality<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/GlobalProgress?src=hash&amp;ref_src=twsrc%5Etfw\">#GlobalProgress<\/a> <a href=\"https:\/\/t.co\/IxMyPCBLR0\">https:\/\/t.co\/IxMyPCBLR0<\/a><\/p>\n<p>&mdash; World Economics (@WorldEconomics) <a href=\"https:\/\/twitter.com\/WorldEconomics\/status\/1816772400882577593?ref_src=twsrc%5Etfw\">July 26, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>9. <span style=\"font-weight: 400;\">The top 10 most valuable unicorn companies.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Ranked: The Top 10 Most Valuable Unicorn Companies ?<\/p>\n<p>This graphic by <a href=\"https:\/\/twitter.com\/trendlinehq?ref_src=twsrc%5Etfw\">@trendlinehq<\/a> is part of Visual Capitalist\u2019s Creator Program, featuring work from the world\u2019s top data-driven talent \u2705<a href=\"https:\/\/t.co\/u5V80sb2WD\">https:\/\/t.co\/u5V80sb2WD<\/a> <a href=\"https:\/\/t.co\/pcCYUdK6K9\">pic.twitter.com\/pcCYUdK6K9<\/a><\/p>\n<p>&mdash; Visual Capitalist (@VisualCap) <a href=\"https:\/\/twitter.com\/VisualCap\/status\/1816096308647584216?ref_src=twsrc%5Etfw\">July 24, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>10. <span style=\"font-weight: 400;\">State-wise budget allocation.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Which state are you from? <a href=\"https:\/\/t.co\/A2ChVIBRJY\">pic.twitter.com\/A2ChVIBRJY<\/a><\/p>\n<p>&mdash; Trade Brains (@TradeBrainsGrp) <a href=\"https:\/\/twitter.com\/TradeBrainsGrp\/status\/1816460436729979175?ref_src=twsrc%5Etfw\">July 25, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>11. <span style=\"font-weight: 400;\">21st century global stock indices: Annual returns in USD.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">21st Century Global Stock Indices: Annual Returns in USD<\/p>\n<p>??Czech Republic +14.5%<br \/>??Denmark +12.1%<br \/>??India +11.3%   <br \/>??China +10.6%<br \/>??New  Zealand +9.5%<br \/>??Mexico +8.1%    <br \/>??United States +7.9%<br \/>??Switzerland +7.8%   <br \/>??Canada +7.8%<br \/>??France +6.3%<br \/>??South Korea +5.6%<br \/>??Germany\u2026 <a href=\"https:\/\/t.co\/7DFEuLh1T6\">pic.twitter.com\/7DFEuLh1T6<\/a><\/p>\n<p>&mdash; Vlad Bastion Research (@VladBastion) <a href=\"https:\/\/twitter.com\/VladBastion\/status\/1814972732125122664?ref_src=twsrc%5Etfw\">July 21, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>12. <span style=\"font-weight: 400;\">Google&#8217;s capital expenditures are on pace to hit $49 billion this year, a 52% increase over 2023&#8217;s total.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Google&#39;s capital expenditures are on pace to hit $49 billion this year, a 52% increase over 2023&#39;s total. <a href=\"https:\/\/twitter.com\/search?q=%24GOOGL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$GOOGL<\/a><\/p>\n<p>&quot;The risk of underinvesting [in AI] is dramatically greater than the risk of overinvesting.&quot; &#8211; Sundar Pichai (Google CEO) <a href=\"https:\/\/t.co\/OvGlKL3GLQ\">pic.twitter.com\/OvGlKL3GLQ<\/a><\/p>\n<p>&mdash; Charlie Bilello (@charliebilello) <a href=\"https:\/\/twitter.com\/charliebilello\/status\/1816500901735276665?ref_src=twsrc%5Etfw\">July 25, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>13. <span style=\"font-weight: 400;\">India is a global growth leader, contributing 15% of world output growth in the last decade.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">India is a global growth leader, contributing 15% of world output growth in the last decade. How did it achieve this feat and what are the implications? Read our report here: <a href=\"https:\/\/twitter.com\/hashtag\/IndiaGlobalGrowth?src=hash&amp;ref_src=twsrc%5Etfw\">#IndiaGlobalGrowth<\/a> <a href=\"https:\/\/t.co\/3gtlhiDZPk\">https:\/\/t.co\/3gtlhiDZPk<\/a><\/p>\n<p>&mdash; World Economics (@WorldEconomics) <a href=\"https:\/\/twitter.com\/WorldEconomics\/status\/1816676998074229116?ref_src=twsrc%5Etfw\">July 26, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>14. <span style=\"font-weight: 400;\">Who&#8217;s your fav billionaire.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Who&#39;s your favourite billionaire? Comment below <a href=\"https:\/\/t.co\/4UmqsP9jVr\">pic.twitter.com\/4UmqsP9jVr<\/a><\/p>\n<p>&mdash; Trade Brains (@TradeBrainsGrp) <a href=\"https:\/\/twitter.com\/TradeBrainsGrp\/status\/1816786153959510262?ref_src=twsrc%5Etfw\">July 26, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p>15. <span style=\"font-weight: 400;\">Global wheat production by country.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Charted: Global Wheat Production, by Country ?<\/p>\n<p>? Want more content like this with daily insights from the world\u2019s top creators? \u2060See it first on the <a href=\"https:\/\/twitter.com\/VoronoiApp?ref_src=twsrc%5Etfw\">@VoronoiApp<\/a>.<a href=\"https:\/\/t.co\/TQkbwDu2ed\">https:\/\/t.co\/TQkbwDu2ed<\/a> <a href=\"https:\/\/t.co\/Kq99p5FCWK\">pic.twitter.com\/Kq99p5FCWK<\/a><\/p>\n<p>&mdash; Visual Capitalist (@VisualCap) <a href=\"https:\/\/twitter.com\/VisualCap\/status\/1816458684932755523?ref_src=twsrc%5Etfw\">July 25, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&nbsp;<\/p>\n<p><small>Disclaimer: The post, charts and graphs featured in this blog have been curated from various sources on X.com and the web, and represent the perspectives &amp; analyses of the original authors. The ideas and views expressed in these charts do not necessarily reflect the opinions of Kuvera. Furthermore, Kuvera&#8217;s commentary on each post is based solely on the data shown within the chart itself and assumes no responsibility for the accuracy or reliability of the data presented. Kuvera is not liable for any interpretations or decisions made by readers based on the featured charts. Readers are advised to conduct their own research and due diligence.<\/small><\/p>\n<p>&nbsp;<\/p>\n<p><em>Interested in how we think about the markets?<\/em><\/p>\n<p><strong>Read more: <a href=\"https:\/\/kuvera.in\/blog\/category\/zen-and-the-art-of-investing\/\">Zen And The Art Of Investing<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Watch here:<\/strong> Investing in International Markets<\/p>\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\">\n<div class=\"embed-container\"><iframe src=\"https:\/\/www.youtube.com\/embed\/cD4mOCHdP70?si=E3KqcFnUX5ya-cGl\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n<p>Start investing through a platform that brings goal planning and investing to your fingertips. Visit <a href=\"https:\/\/www.youtube.com\/watch?v=R7g03UwJAT8&amp;utm_source=Blog&amp;utm_medium=Weekly+wrap+22nd+July\" target=\"_blank\" rel=\"noopener\">kuvera.in<\/a> to discover Direct Plans and <a href=\"https:\/\/kuvera.in\/explore\/fixed-deposit\/c\/all\">Fixed Deposits<\/a> and start investing today. #MutualFundSahiHai #KuveraSabseSahiHai<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data discoveries of the week presented in charts. A look at wedding spend, change in new tax regime, rupee earned &amp; spent, budget allocation, olympic fever and more. &nbsp; 1. A comparison of #wedding spending across countries. &nbsp; 2. #Budget2024 brings changes to the New Tax regime. Good news to salaried taxpayers? &nbsp; 3.\u00a0A chart [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/kuvera.in\/blog\/market-stories-in-charts-week-of-22nd-july-2024\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":11,"featured_media":12048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[880],"tags":[959,2574,2614,2580,490,2601,2593,879,2202,242,2599,71,2590,1763,2114,1238,12,67,119,1438,300,1267,755,394,17,2615,2484,689,413,2143,610,2372],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Market stories in charts | Kuvera<\/title>\n<meta name=\"description\" content=\"A look at wedding spend, change in new tax regime, rupee earned &amp; spent, budget allocation, olympic fever and more.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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