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It's probably an understatement that artificial intelligence consumes high amounts of electricity. AI models are estimated to consume over 5100x electricity in a day compared to the monthly electricity usage of an Indian household. Not just electricity, AI models consume water too! Water is used to cool down the data centres that power AI. What are your views on the immense power usage of AI? Share in the comments.

HDFC Bank has faced challenges since its merger with HDFC Ltd in 2023, including high borrowing costs, slowing loan growth, and margin pressure, leading to a nearly 10% stock decline from its 52-week high. However, signs of a comeback are emerging. The bank strategically slowed loan growth to improve its Loan-to-Deposit Ratio (LDR), bringing it down from 110.5% to 98.2% in Q3FY25. It has also been aggressively expanding its branch network, adding over 1,000 new branches in the past year, which helped deposits grow 15.9% YoY in Q3FY25, outpacing the industry. Despite sluggish CASA deposit growth, HDFC Bank has maintained a stable cost of funds at 4.9% and a net interest margin (NIM) of about 3.4%. Additionally, asset quality remains strong, with only a slight rise in NPAs to 1.36%. With merger synergies kicking in and a well-planned strategy to boost growth, HDFC Bank appears to be on the path to recovery. Could this be the start of a major rebound?

In 1994, Warren confessed to a mistake he made. He had written about it in his annual shareholder letter. 5 years earlier, in 1989, Warren Buffett had written about the purchases he had made. Gilette was the biggest purchase – spending $600 million. Next, was USAir – spending $358 million. Next, Champion International – spending $300 million. These were the shares Warren Buffett had purchased that year. He spoke about the dividends on offer in their cases 👇

Daman & Diu records the highest usage of electricity per person. On the other hand, Bihar's per-capita electricity usage is nearly 1/3rd of the national average of 915.37 kWh.

China is putting brakes on its "rat-race" steel industry. Will Indian steelmakers benefit from this?

Groww has been awarded Asia Pacific’s Best Investment App award by Sensor Tower. According to SensorTower, “Groww ranked No. 1 worldwide in downloads and monthly active users for investing & financial management in 2024. Groww received an outstanding average rating of 4.8 stars from over 108 million cumulative downloads.” We are thankful to our customers for their continued trust and support. We will continue making investing simple, transparent, and delightful for every Indian.

At Groww, customer feedback isn't just heard—it directly shapes our product development! 🚀 From Stock SIP to UPI Autopay, here are 5 powerful features that came to life because of your insights.

Will Polycab Hold Its Ground Against UltraTech? Aditya Birla Group’s UltraTech Cement made waves when it announced a Rs 1,800 cr investment in the cables and wires market. This move sent shockwaves, wiping out Rs 26,000 cr in the market cap of major players like Polycab, KEI, Finolex, and RR Kabel in a single day. UltraTech has deep pockets, an extensive distribution network and a cost advantage through Hindalco’s copper and aluminium production. It could shake up pricing and margins in the sector by FY28. Yet Polycab, the market leader, isn’t backing down! Strong financials, an expanding export market, and a well-established supply chain give it an edge. It also plans a massive Rs 8,000 cr capex expansion plan for the next five years. However, analysts split between a cautious stance and optimism on Polycab. With India’s infrastructure boom, competition is heating up. Will Polycab retain its dominance, or is this the start of a new industry battle? Check out our analysis in Bottomline by Groww. Link in comments!

There are moments that take you back to your roots. For our CEO, Lalit Keshre, receiving the Distinguished Alumnus Award from IIT Bombay was one such moment. He now joins the ranks of luminaries like Nandan Nilekani, Viral Acharya, and the late Manohar Parikar, to name a few. In his acceptance speech, Lalit thanked his professors and IIT Bombay for instilling curiosity, critical thinking, and values that continue to guide him. Lalit emphasised that CEOs often get unfair visibility for their organization’s success. He insisted that the award truly belongs to his incredible team members, and not just him.

What's common between Matthew McConaughey and Amazon?