6 hours ago
According to the United Nations Conference on Trade and Development (UNCTAD) World Investment Report 2019, India received foreign direct investments (FDI) worth USD 42 billion in 2018.
India attracted over 77% of the total foreign direct investments that came to the South Asian region.
The global FDI slipped by 13% in 2018, to US$1.3 trillion from $1.5 trillion in 2017, the third consecutive annual decline.
India’s rank as a source country for FDI dropped one place to the 10th position as it was overtaken by Spain.
Investment in India rose by 6% to USD 42 billion.
Among others in the South Asian region, FDI flows to Bangladesh and Sri Lanka rose to a record level, to USD 3.6 billion and USD 1.6 billion, respectively, while Pakistan witnessed a 27% decline in investment to USD 2.4 billion.
Established by: United Nations General Assembly in 1964.
Headquarters: Geneva, Switzerland.
It is part of the UN Secretariat.
Purpose: It supports developing countries to access the benefits of a globalized economy more fairly and effectively.
1 day ago
Iceland topped the Global Peace Index 2019 rankings which was released by Institute for Economics & Peace. Since 2008, Iceland holds the most peaceful country in the world. India ranked 141 among 163 countries. In 2018, India ranked at 136th among 163 countries.
Afghanistan ranked as the least peaceful country in the world. Th has replaced Syria, which is now the second least peaceful
The Australian think tank ranked countries according to their level of peacefulness.
The analysis were based on three major domains:
1) the level of societal safety and security
2) the extent of ongoing domestic and international conflict
3) the degree of militarization
Top/Bottom 5 countries:
The top five countries in the list are Iceland, New Zealand, Austria, Portugal, and Denmark.
The least 5 peaceful countries in the list are Iraq, Yemen, South Sudan, Syria and Afghanistan (ranked the least) remains the world's least peaceful counties.
Findings of the report:
The report highlighted that India, Philippines, Japan, Bangladesh, Myanmar, China, Indonesia, Vietnam and Pakistan are the nine countries with the highest risk of multiple climate hazards.
In the overall natural hazard score, India stands 7th highest.
The top 5 countries with the largest total military expenditure are India, the US, China, Saudi Arabia, and Russia.
Bhutan topped the index with 15th rank, followed by Sri Lanka 72nd rank, Nepal 76th rank and Bangladesh stood101 among the South Asian countries. Pakistan has been ranked 153rd on the index.
13 June 2019
According to the 3rd End of Childhood Index Global Childhood Report 2019, India ranked 113 in 176 countries with 769 scores out of 1000.
The Index released on May 28, 2019, by 'Save the Children', a United Kingdom (13K) based non-profit organization which works for child rights.
The countries are decided on 8 parameters namely child mortality, malnutrition, lack of education, child labor, early marriage, adolescent birth, displacement by conflict and child homicide. Scores were out of 1000.The country topped Singapore with a score of 989 . 8 European countries figured among the top 10.South Korea at 10th position. The last rank is given to the Central African Republic 394
India ranked fourth and Bhutan (98), Sri Lanka (56) and China (36)
The rate of child marriage reduced to 25%
The biggest score witnessed in Latvia and Estonia (both up 40 points from 927 to 967) and Lithuania (up 39 points from 934 to 973)
The top 10 countries at this End of Childhood Index are:
5 - Slovenia
6 - Germany
7 - Ireland
8 - Italy
9 - South Korea
10 - Belgium
About Save the Children:
Headquarters: London, I-JK
Founded: April 15, 1919
11 June 2019
Swiss-based International Institute for Management Development (IMD) World Competitiveness Ranking 2019 said Singapore has dethroned the US to become the most competitive economy in the world. Hong Kong stands second spot in the list. USA stands third followed by Switzerland and UAE and fourth and fifth respectively.
Qatar entered the top 10. India ranked 43, one position higher compared to 2018.
The ranking process considers a wide range of hard statistics such as Gross Domestic Product (GDP), unemployment and government spending on health and education. IMD also used the soft data from an Executive Opinion Survey which covers other parameters such as social cohesion, globalization and corruption.
7 June 2019
India ranked 95th out of 129 countries in the Sustainable Development Goals Gender Index. India scored 56.2 on a scale of 0–100. The index found that no country has fully achieved gender equality and that the global average score of 65.7 out of 100 which falls in the poor category.
SDG Gender Index a new index that measures global gender equality considering various parameters such as education, literacy, political representation, poverty, health, and equality at the workplace. The SDG gender index included 51 indicators across 14 of the 17 official Sustainable Development Goals. The list covered 129 countries across all regions of the world.
Index developed by:
The SDG Gender Index was developed by UK-based Equal Measures 2030 along with regional and global organisations including Asian-Pacific Resource and Research Centre for Women, African Women's Development and Communication Network, Bill and Melinda Gates Foundation, and International Women's Health Coalition.
India in the list:
India's highest goal scores in the Index are on SDG 3 of health where it secured 79.9, SDG 2 of hunger and nutrition with 76.2 and SDG 7 of energy with 71.8.
India's lowest goal scores in the SDG index are on SDG 17 of partnerships, the country scored 18.3, SDG 9 of industry, infrastructure and innovation with 38.1 and SDG 13 of climate with 43.4.
Top/Bottom 10 Countries in the Index:
The countries that secured the top 10 ranks are Denmark, Finland, Sweden, Norway, Netherlands, Slovenia, Germany, Canada, Ireland, and Australia.
The countries that secured the last 10 ranks are Sierra Leone, Liberia, Nigeria, Mali, Mauritania, Niger, Yemen, Congo, DR Congo, and Chad.
23 May 2019
The annual global index named Kids Right Index has ranked countries on the basis of how much they are involved and equipped to improve child rights. India ranked 117th out of 181 countries.
Iceland topped the ranking followed by Portugal
About Kids Right Index
Kids Rights Index is an initiative started by Kids Right Foundation with Erasmus University, Rotterdam.
The index is prepared on the basis of five indicators
Right to Life
Right to Education
Right to Health
Right to Protection
India scored 0.64 out of 1 in the overall category
Iceland has scored 0.967 and Portugal has scored 94.8.
Currency: Iceland Krona
President: Guoni Th. Johannesson
Prime Minister. Antonio Costa
18 May 2019
India has found problems with the current method under which the Organisation for Economic Cooperation and Development (OECD) ranks countries based on their services trade policies, indicating the outcomes are biased and counter-intuitive.
Services Trade Restrictiveness Index (STRI):
STRI was launched in 2014.
STRI is computed by the OECD.
It ranks countries based on their service trade policies.
The ranking for 2018 for a total of 45 economies, among them 36 are OECD and the rest non-OECD, and 22 sectors are available.
A study commissioned by the Commerce Ministry found that the OECD index has a large number of problems associated with it, including some significant design issues that render it impractical for use.
For example, the index seems to show the Indian services sector as one of the most restrictive, particularly in policy areas like foreign entry (FDI). This factor, for instance, is not true as since 1991, the one area that has seen maximum liberalization in India is FDI.
India has approached various developing countries including China, Brazil, Indonesia, Turkey, South Africa, and Malaysia during the recently-concluded World Trade Organization talks in New Delhi to try to build consensus around adopting a new method of measuring trade restrictiveness in the services sector.
In order to rectify this, a team of econometricians from Indian Institute of Foreign Trade has designed a new way of measuring restrictiveness in the services trade that would be more robust and would not have a bias either for developed or developing countries.
Organization for Economic Co-operation and Development (OECD):
Established in: 1961
Headquarters: Paris, France
Membership: 36 countries
Secretary-General: Angel Gurria
OECD aims to promote policies that will improve the economic and social well-being of people around the world. It provides a forum in which governments can work together to share experiences and seek solutions to common problems. It sets international standards on a wide range of things, from agriculture and tax to the safety of chemicals.
1 May 2019
Stockholm International Peace Research Institute's (SIPRI) report said that India is the world’s fourth biggest military spender in 2018. The United States topped the list and it is followed by China and Saudi Arabia.
India was the fifth largest military spender in 2017. France also figures on the list of top five spenders that together accounted for 60% of the global military spending in 2018.
India accounts for 3.7% of the global defence spending. In contrast, India’s military spending went up by 3.1% to $66.5 billion. Beijing increased its military expenditure by 5% to $250 billion in 2018. It accounted for 14% of global military spending.
The SIPRI report comes at a time when India is investing heavily in building its military capability with new fighter jets, warships, helicopters, artillery guns and infantry weapons.
Name: Stockholm International Peace Research Institute
Formed on: 6 May 1966
Headquarters: Solna, Sweden
Purpose: Provides data, analysis, and recommendations, based on open sources, to policymakers, researchers, media and the interested public
SIPRI is dedicated to research into conflict, armaments, arms control and disarmament.
SIPRI was ranked among the top three non-US world-wide think tanks in 2014.
30 April 2019
Three Indians Menaka Guruswamy, Arundhati Katju and Mukesh Ambani have featured into TIME 100 Most Influential People list of 2019.
Global prominent names that have featured in this list included US President Donald Trump, China President Xi Jinping, Pakistan Prime Minister Imran Khan Pope Francis, golfer Tiger Woods and Facebook founder Mark Zuckerberg. Mukesh Ambani: He is Chairman and largest shareholder of Reliance Industries It is most valuable Indian company in terms of its market value.
25 April 2019
StartupBlink has ranked 100 countries for startup environment of countries globally. The rankings were based on the data from over 61,000 startups, more than 500 accelerators, and over 1,400 coworking spaces registered on its platform along with data gathered from its global partners including Crunchbase, SimilarWeb, etc. The rankings were based on the impact startups have been able to make in the country, how many startups and support organizations are there such as accelerators, coworking spaces, startup events along with technology infrastructure, red tape, bureaucracy, etc.
India was ranked 17th in the rankings. India has climbed 20 spots, rank 37, from the previous ranking. The challenge before India is to improve the overall quality of startups and increase the number of unicorns than currently exist. The US ranked first. It is followed by the UK, Canada, Israel, and Australia. China was ranked 27th. Estonia ranked 13th, Ireland ranked 14th, and Germany ranked 9th and are ahead of India for their startup ecosystems.
In the ranking of cities, Bengaluru stood at 11, New Delhi at 18 and Mumbai at 29. San Francisco Bay, New York, London, Los Angeles, and Boston topped the ranking among the cities.
23 April 2019
The Economist Intelligence Unit (EIU) has released the 2019 Index of Cancer Preparedness (ICP) in which India's overall rank is 19th out of 28 countries, with a score of 64.9.
Index of Cancer Preparedness (ICP) 2019:
Australia tops the ICP, followed by the Netherlands and Germany.
Saudi Arabia, Romania, and Egypt are at the bottom in Index.
The ICP explores the issue of cancer preparedness through three broad domains:
policy and planning;
health systems and governance.
India and ICP:
India ranks 17th in cancer policy and planning, but it has a relatively high score of 80.8.
India ranked first for research and third for tobacco control in ICP.
In its delivery of cancer care, India ranks 20th with a score of 61.3.
With a score of 40.3, India’s healthcare system ranks 25th in the index, above only Saudi Arabia, Kenya, Egypt.
Cancer is the second leading cause of death globally and is estimated to account for 9.6 million death in 2018.
World Cancer Day is observed on 4th February every year.
Economist Intelligence Unit (EIU):
The Economist Intelligence Unit (EIU), created in 1946, is the research and analysis division of The Economist Group and the world leader in global business intelligence.
Headquarters: London, United Kingdom
19 April 2019
Norway is ranked first in the World Press Freedom Index 2019 for the third year running while Finland (up two places) has taken second place from the Netherlands (down one at 4th).
India dropped two places to be ranked 140th out of 180 countries in the global press freedom index analysis.
Violence against journalists – including police violence, attacks by Maoist fighters and reprisals by criminal groups or corrupt politicians – is one of the most striking characteristics of the current state of press freedom in India.
At least six Indian journalists were killed in connection with their work in 2018.
Turkmenistan (down two at 180th) is now last in the World Press Freedom Index 2019.
The index is released by Reporters Without Borders.
Top 5 countries in World Press Freedom Index 2019
Bottom 5 countries in World Press Freedom Index 2019
About Reporters Without Borders:
Reporters Sans Frontieres (RSF), or Reporters Without Borders (RWB), is a Paris-based non-profit organisation that works to document and combat attacks on journalists around the world.
Headquarter – Paris, France
Director General – Christophe Deloire
19 April 2019
Reliance Industries Chairman Mukesh Ambani and two Indian women lawyers Menaka Guruswamy and Arundhati Katju -- who fought the legal battle for LGBTQ rights and were instrumental in the overturning of Section 377 of the Indian Penal Code -- are among the 100 named in TIME magazine's list of most influential people for the year 2019.
The list names the world's most influential people of the year in five categories – pioneers, leaders, artists, titans and icons.
The list also includes Indian-American comedian and TV host Hasan Minhaj, US President Donald Trump, Pope Francis, Chinese President Xi Jinping, Pakistan Prime Minister Imran Khan, iconic golfer Tiger Woods and Facebook founder Mark Zuckerberg.
Indians in TIME’s 100 most influential list
Top 10 most influential People in different categories
About TIME magazine:
It is American weekly news magazine.
Founded in 1923
An Asian edition is based in Hong Kong
Person of the Year,
TIME 100 - annual list of the 100 most influential people of the year
Red X covers.
12 April 2019
According to United Nations Population Fund’s (UNFP) State of World Population 2019 report, India’s population grew at an average annual rate of 1.2% between 2010 and 2019 to 1.36 billion, more than double the annual growth rate of China.
India’s population in 2019 stood at 1.36 billion, growing from 942.2 million in 1994 and 541.5 million in 1969.
China’s population grew at an average annual rate of 0.5% between 2010 and 2019.
In comparison, China’s population stood at 1.42 billion in 2019, growing from 1.23 billion in 1994 and 803.6 million in 1969.
In India, total fertility rate per woman was 5.6 in 1969, dropping to 2.3 in 2019.
India also recorded an improvement in life expectancy at birth. The life expectancy at birth in 1969 was 47 years and in 2019, it is 69 years.
India’s population composition in 2019:
♦ 27% of the India’s population was in the age bracket of 0-14 years and 10-24 years each.
♦ 67% of the country’s population was in the 15-64 age bracket.
♦ 6% of the country’s population was of the age 65 and above.
About United Nations Population Fund:
♦ It is the lead UN agency for delivering a world where every pregnancy is wanted, every childbirth is safe and every young person's potential is fulfilled.
♦ Headquarters: New York,United States
♦ Head: Natalia Kanem
♦ Founded: 1969
♦ Parent organization: United Nations
10 April 2019
IIT Madras has been ranked as the 'Best Educational Institution' in the country in the latest edition of National Institutional Rankings Framework (NIRF) 2019.
The rankings was released by the Ministry of Human Resource Development (MHRD), Government of India.
IIT Madras also emerged as the 'Top innovative Institution' in the country in the maiden edition of the Atal Ranking of Institutions on Innovation Achievements (ARIIA), launched by the Innovation Cell of MHRD in 2018, bagging the Rank number 1 in Government Institutions category.
The rankings were announced by the President Ramnath Kovind.
NIRF Rankings 2019:
♦ Top Engineering Institution in India 2019: Indian Institute of Technology, Madras
♦ Top University in India 2019: Indian Institute of Science, Bengaluru
♦ Top College of India 2019: Miranda House, Delhi
♦ Top Architecture Institute in India: Indian Institute of Technology, Kharagpur
♦ Top Law Institute in India: National Law School of India University, Bengaluru
♦ Vellore Institute of Technology, Tamil Nadu, topped the Private or Self-financed Institutions category.
The National Institutional Ranking Framework (NIRF) was approved by the MHRD and launched by the Minister of Human Resource Development on September 29, 2015.
This framework outlines a methodology to rank institutions across the country.
The NIRF rankings was released for a total of 9 categories - Overall, Universities, Engineering, Colleges, Management, Pharmacy, Medical, Architecture, and Law.
5 April 2019
According to a new joint UN and European Union (EU) report, More than 113 million people across 53 countries experienced acute hunger last year, with conflict, climate-related disasters and economic turbulence mainly driving the food insecurity crisis.
‘Global Report on Food Crises 2019’ prepared by 15 leading global and regional organizations was led by UN Food and Agriculture Organization (FAO), the World Food Programme (WFP) and International Food Policy Research Institute (IFPRI).
It was released by Food Security Information Network (FSIN).
According to the report, nearly two-thirds of those facing acute hunger come from just eight countries: Afghanistan, the Democratic Republic of the Congo, Ethiopia, Nigeria, South Sudan, Sudan, Syria and Yemen.
♦ FAO - Food and Agriculture Organization
♦ It is a specialized agency of the United Nations that leads international efforts to defeat hunger.
♦ Headquarters: Rome, Italy
♦ Founded: 16 October 1945
♦ Goal of FAO: To achieve food security for all and make sure that people have regular access to enough high-quality food to lead active, healthy lives.
29 March 2019
According to the Skytrax World Airport Awards, Singapore's Changi Airport has been crowned the world's best aviation hub for the seventh time in a row, while New Delhi's Indira Gandhi International (IGI) Airport featured at number 59.
Singapore Changi Airport is known for its rooftop swimming pool, two 24-hour movie theaters and shopping spots.
At number two on the list is Tokyo International Airport (Haneda), up one place from 2018. This hub also won World's Best Domestic Airport and World's Cleanest Airport.
Incheon International Airport secured 3rd position in the list.
The other Indian aiports in the list were Mumbai’s Chhatrapati Shivaji Maharaj International Airport at 64, the Rajiv Gandhi Hyderabad International Airport at 66, and Bengaluru’s Kempegowda International Airport at 69.
28 March 2019
According to the Multi-dimensional Poverty Index 2018 report, the four poorest states namely Bihar, Jharkhand, Uttar Pradesh, and Madhya Pradesh were still home to 196 million MPI poor people, which was over half of all the MPI poor people in India.
The Multi-dimensional Poverty Index 2018 report prepared by the United Nations Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative makes the following observations about India: India has reduced its poverty rate drastically from 55% to 28% in 10 years, with 271 million people moving out of poverty between 2005-06 and 2015-16.
Jharkhand had shown the greatest improvement, followed by Arunachal Pradesh, Bihar, Chhattisgarh, and Nagaland. Kerala, one of the least poor regions in 2006, reduced its MPI by around 92%.
26 March 2019
India has moved up two places to rank 76th on a global energy transition index, compiled by Geneva-based World Economic Forum (WEF).
This annual list has ranked 115 economies on how well they are able to balance energy security and access with environmental sustainability and affordability.
Sweden remains on the top and is followed by Switzerland and Norway in the top three.
India is amongst the countries with high pollution levels and has a relatively high CO2 intensity in its energy system.
Within Asia, Malaysia is ranked highest at 31st.
26 March 2019
According to the preliminary world airport traffic rankings for 2018 released by the Airports Council International (ACI), Delhi’s Indira Gandhi International Airport (IGIA) has now become the world's 12th busiest airport, moving up four places from the 16th spot in 2017.
It over took mega-hubs like Frankfurt, Dallas Forth Worth, Guangzhou and Istanbul Ataturk airports.
India became the world's third-largest aviation market in terms of passenger throughput, behind the US and China, in 2018.
The ACI-- Founded in 1991-- is the trade association of the world's airports, currently serving 641 members operating from 1,953 airports across 176 countries.
26 March 2019
Leading London-based NRI industrial tycoons, the Hinduja family has topped the Asian Rich List 2019 for the sixth successive year with £25.2 billion (over ₹2.3 lakh crore) wealth.
Steel magnates Lakshmi Mittal and his son Aditya Mittal were ranked second with £11.2 billion (over ₹1 lakh crore) wealth.
Petrochemicals billionaire SP Lohia was ranked third with £5.8 billion (over ₹53,000 crore) wealth.
25 March 2019
The “100 Most Influential People in Climate Policy” list is comprised of seven Indian names who took important measures to combat climate change. The list is prepared by Apolitical, a peer to peer learning platform for governments. The list has been topped by Alexandria Ocasio-Cortez (Congresswoman, US Congress).
7 names from India:
♦ Piyush Goyal- Minister of Railways and Coal
♦ Dr.Harsh Vardhan- Minister of Environment, Forest and Climate Change
♦ Mukta Tilak- Mayor of Pune
♦ Jyoti Kirit Parikh- Executive director of Integrated Research and Action for Development
♦ Sunita Narain- Director of the Centre for Science and the Environment
♦ Vandana Shiva- Founder of the Research Foundation for Science, Technology, and Natural Resource Policy
♦ Upendra Tripathy- Director general of the International Solar Alliance
21 March 2019
Finland has been ranked as the happiest country in the world 2019 for the second year in succession. The report was released by the Sustainable Development Solutions Network for the United Nations on March 20.
India secured 140th place, seven spots down from last year, on UN World Happiness Report- 2019. Indians are not as happy in 2019 as they were in 2018 and the country figures at 140th place, seven spots down from last year, on UN World Happiness Report- 2019.
The UN’s seventh annual World Happiness Report, which ranks the world’s 156 countries on “how happy their citizens perceive themselves to be”, also noted that there has been an increase in negative emotions, including worry, sadness, and anger.
Pakistan is ranked 67th, Bangladesh 125th and China is placed at 93rd position, according to the report. People in war-torn South Sudan are the most unhappy, ranked 156th, with their lives.
19 March 2019
According to the Economist Intelligence Unit's (EIU) Worldwide Cost of Living Survey, Asia's Lion City - Singapore has been joined by Paris and Hong Kong in a tie at the top of the table.
Switzerland's Zurich and Geneva and Japan's Osaka are also among top five most expensive cities.
According to the report, India's Bengaluru, Chennai and New Delhi are among the ten cheapest locations surveyed.
EIU’s 2019 Worldwide Cost of Living Survey compares the prices of more than 400 items across 160 products and services. These include food, drink, clothing, household supplies and personal care items, as well as private schools, domestic help and recreational costs.
19 March 2019
The chairman and managing director of Reliance Industries Limited (RIL), Mukesh Ambani tops with a net worth of around $50 billion.
Ambani bought the Indian Premier League (IPL) team Mumbai Indians for over $100 million through RIL's 100 percent subsidiary IndiaWin Sports. The team had won the IPL crown in 2013, 2015 and 2017.
Former Microsoft CEO, Steve Ballmer who own the Los Angeles Clippers team placed at the second spot in the list. He purchased the basketball team for about $2 billion after he retired from Microsoft.
Red Bull energy drink company founder Dietrich Mateschitz followed at number three spot. He owns Red Bull Toro Rosso Honda, Formula One team Red Bull Racing and MLS club New York Red Bulls.
18 March 2019
Andhra Pradesh IT minister Nara Lokesh, BJP MP Poonam Mahajan and Xiaomi India head Manu Kumar Jain are among the Indians featuring in the list of Young Global Leaders, according to the World Economic Forum (WEF).
Telangana government's Chief Innovation Officer Phanindra Sama, SaveLife Foundation's Piyush Tewari and Kaleidofin's co-Founder Sucharita Mukherjee are also in the list.
The list has 127 of the world's "most promising social activists, business leaders, public servants, artists and technologists under the age of 40".
18 March 2019
Indian scientists have developed a common framework for the assessment of climate change vulnerability in all the states in the Himalayan region.
The assessment shows that the vulnerability index is the highest for Assam (0.72) and Mizoram (0.71).
Sikkim is the least vulnerable state with the index being 0.42.
Assam is highly vulnerable to climate change because of factors like low per capita income, deforestation, large number of marginal farmers, least area under irrigation, lack of alternative sources of income and high rates of poverty.
16 March 2019
This year’s ESPN World Fame 100 list, an annual list of the most famous athletes on the planet, placed the Portuguese footballer Cristiano Ronaldo at the top spot, followed by former Basketball player Lebron James and FC Barcelona captain Lionel Messi.
Indian skipper, Virat Kohli, stands on the seventh position and is the only Indian athlete in the top 10 club, whereas Dhoni is placed on the 13th position.
There were only three women in the list- Serena Williams (17), Maria Sharapova (37) and Sania Mirza (93); making Sania Mirza the only Indian woman athlete to feature in the list.
15 March 2019
The Austrian capital Vienna has topped Mercer's index of most liveable cities for the 10th year in a row.
Zurich in Switzerland, is placed second in the index, while Auckland, Munich and Vancouver came joint third.
Chennai, the capital of Tamil Nadu is ranked at 105 in Mercer's Quality Of Living Index and is the number one city from India.
Luxembourg was named the safest city in a separate personal safety league table.
Global consulting firm Mercer surveyed in 231 cities across the globe and were ranked them based on factors such as healthcare, education, public services, recreation, crime, housing and personal freedom. The ranking was based on data analysed between September and November 2018.
14 March 2019
The Central Statistics Office (CSO) has released the data for the Index of Industrial Production (IIP) for the month of January. The IIP data shows that: Industrial output growth stood at 1.7% in January against the 2.6% growth recorded in December 2018.
Eleven out of the twenty-three industry groups in the manufacturing sector have shown positive growth during the month of January 2019 as compared to January 2018. The cumulative industrial production increased by 4% in April-January FY2019 compared with 4.1% growth in April-January FY2018.
Index of Industrial Production (lIP):
♦ IIP is a composite indicator that measures the changes in the volume of production of a basket of industrial products during a given period with respect to the volume of production in a chosen base period
♦ The base year for the IIP is 2011-12
About Central Statistics Office (CSO):
♦ Formed: May 2, 1951
♦ Headquarters: New Delhi, India
♦ Minister responsible: DV Sadananda Gowda
♦ The department functions under the Ministry of Statistics and Programme Implementation
♦ It responsible for co-ordination of statistical activities in India, and evolving and maintaining statistical standards
14 March 2019
The European Union has expanded its tax haven blacklist by including 10 countries. The list now has 15 countries. The list was first drawn up by EU in 2017 in the wake of several scandals that pushed the EU into doing more to fight tax evasion by multinationals and the rich.
Seven countries Aruba, Belize, Bermuda, Fiji, Oman, Vanuatu, and Dominica were moved from greylist to blacklist due to their inability towards reform commitments. Three other countries added into the list are Barbados, the United Arab Emirates, and the Marshall Islands.
Eu list of Tax Blacklist or Tax Havens:
Tax Havens provide taxpayers with opportunities for tax avoidance, while their secrecy and opacity also serve to hide the origin of the proceeds of illegal and criminal activities. Features of these Tax Havens include low or zero taxation, fictitious residences (with no bearing on reality) and tax secrecy.
13 March 2019
According to data provided by the World Gold Council (WGC), India has the 11th largest gold reserve and the current holding pegged at 607 tonnes.
The Netherlands holds the 10th position with 612.5 tonnes, or just about 5.5 tonnes ahead of RBI.
The top spot is occupied by US gold reserves of 8,133.5 tonnes, followed by Germany with 3,369.7 tonnes.
International Monetary Fund (IMF) ranks third on the list with total gold reserves of 2,814 tonnes.
7 March 2019
United Nations Office of Drugs and Crime (UNODC) has referred to India as a Key Hub for Illicit Drug Trade.
The study has found more than 1,000 drug listings from India published across 50 online crypto-market platforms. The report also states that in 2017 Indian authorities have dismantled two illicit Internet pharmacies, seizing close to 130,000 tablets containing psychotropic substances.
India, Australia, France and Turkey together accounted for 83% of global production of morphine-rich opiate raw materials in 2017.
United Nations Office of Drugs and Crime (UNODC):
♦ UNODC was established in 1997
♦ It is a global leader in the fight against illicit drugs and international crime
♦ UNDOC came into with the merger of United Nations Drug Control Programme and the Centre for International Crime Prevention
6 March 2019
In the release of the latest Forbes list of the ultra wealthy, Mukesh Ambani, chairman of Reliance Industries, secured 13th place.
Jeff Bezos remains the world’s richest person with a wealth of $131 billion. Secondly, Bill Gates ranks second with wealth worth $96.5 billion and Warren Buffett in 3rd position.
♦ Forbes List can refer to one of the lists published annually by the American magazine Forbes, including:
(i) The Forbes 400 list of the wealthiest people in the United States
(ii) The World's Billionaires, a list of all the people with a net worth over $1 billion
5 March 2019
India ranked first in the Confidence Board Global Consumer Confidence Survey which was conducted in collaboration with a global performance management company Nielsen Holdings.
India maintained its 1st position from 3rd quarter and in the 4th quarter of 2018 India’s Consumer Confidence Index (CCI) score is 133.
South Korea has the most pessimistic consumer who are worried about rising inflation, lower wage growth, unemployment, a weak stock market and global trade uncertainties in the world.
CCI Confidence Board measured optimism towards job prospects, the health of personal finances and spending intentions in the next 12 months for the survey.
28 February 2019
As per Hurun Global Rich List 2019, Reliance Industries' 61-year-old Chairman Mukesh Ambani is the world's eighth-richest person with a net worth of $54 billion.
He is the only Asian among the top 10.
Amazon's Jeff Bezos topped the list for the second consecutive year with a net worth of USD 147 billion.
With a wealth of USD 96 billion, Microsoft founder Bill Gates ranks second, followed by Warren Buffett with net worth of USD 88 billion.
11 January 2019
According to the Henley Passport Index, Japan has retained its top spot as the world's most powerful passport this year, with its citizens able to enter 190 countries without requiring a visa.
India's passport was ranked 79th, having visa-free access to 61 destinations.
Singapore and South Korea come second with access to 189 countries each while France and Germany share the third spot with access to 188 countries each.
3 January 2019
Climate Change Performance Index (CCPI) reported that Sweden has been named the first best performing country in the CCPI 2019 list. CCPI evaluates the climate protection performance of 60 countries, responsible for over 90% of global energy-related CO2 emissions.
Morocco has been named second. Morocco, the North African country significantly increased the share of renewables over the past five years and increased new renewable energy capacity. Lithuania is in the third position in CCPI 2019.
The bottom five in the list are Saudi Arabia, U.S., Iran, South Korea, and Taiwan. With the connection of the world’s largest solar plant to the grid, Morocco is on track for achieving its target of 42% installed renewable energy capacities by 2020.
20 December 2018
This year, the Gender Gap Index as released by World Economic Forum (WEF), was topped by Iceland with a score of 0.858, holding the top spot in the index for the 10th consecutive year.
Norway ranked at 2nd, Sweden at 3rd, and Finland at 4th.
India was ranked 108th in the Global Gender Gap Index 2018, same as it was ranked in 2017.
Among other South Asian countries, India fetched fourth place with top 3 being Bangladesh (48th), Sri Lanka (100th) and Nepal (105th).
10 December 2018
HCL Tech Vice Chairperson Roshni Nadar Malhotra (ranked 51st), Biocon Chairperson Kiran Mazumdar-Shaw (ranked 60), HT Media MD Shobhana Bhartia (ranked 88th), and actress Priyanka Chopra (placed at 94) have been named in Forbes' World's 100 Most Powerful Women list.
The list, which featured four Indians, has been topped by German Chancellor Angela Merkel for the eighth consecutive year.
Others in the list include Serena Williams and Melinda Gates.
6 December 2018
Salman Khan has been named the highest-earning celebrity in India for the third time in a row by Forbes, with earnings of ₹253.25 crore.
The second spot was captured by Indian cricket team skipper Virat Kohli, with Rs 228.09 crore to his name, to become the first sportsperson to reach the position.
Akshay Kumar came third on the Forbes India Celebrity 100 2018 with Rs 185 crore, followed by Deepika.
The fifth spot went to former Indian cricket team captain Mahendra Singh Dhoni who earned Rs 101.77 crore during 2018.
6 December 2018
The 32-year-old Indian actress was placed fourth in the Forbes India Celebrity 100 list with her earnings reaching Rs 112.80 crore during 2018.
Other women to feature on the Forbes Indian Celebrity 100 include:
Actresses Alia Bhatt (Rank 12, Rs 58.83 crore),
Anushka Sharma (Rank 16, Rs 45.83 crore),
Katrina Kaif (Rank 21, Rs 33.67 crore),
Priyanka Chopra (Rank 49, Rs 18 crore),
Shuttlers PV Sindhu (Rank 20, Rs 36.50 crore) and
Saina Nehwal (Rank 58, Rs 16.54 crore), and
comedian Bharti Singh (Rank 74, Rs 13.95 crore).
5 December 2018
Team India captain Virat Kohli has featured as the highest-earning sportsperson in the 2018 Forbes India Celebrity 100 list with ₹228.09-crore earnings.
Kohli was also the top-paid sportsperson in 2016 and 2017 with ₹134.44 crore and ₹100.72 crore earnings respectively.
Former captain MS Dhoni follows Kohli as the second highest-paid sportsperson in the 2018 list with ₹101.77-crore earnings.
4 December 2018
As per the ratings released by Passport Index, the United Arab Emirates has topped the Global Passport Power Rank 2018, emerging as the country with the most powerful passport in world.
UAE passport holders can now fly to 113 countries without a visa, and 54 others with a visa-on-arrival.
Singapore and Germany ranks second with 166 countries.
India ranked 66th in Global Passport Power Rank 2018.
30 November 2018
Nearly one-third of the world's 150.8 million stunted children live in India, the 2018 Global Nutrition Report revealed.
With 46.6 million children who are stunted, India tops the list of countries followed by Nigeria (13.9 million) and Pakistan (10.7 million).
Over 46 million Indian children aged under five years are stunted due to malnutrition and 25.5 million more are 'wasted', meaning they don't weigh enough for their height.
India is suffering from two forms of malnutrition– anaemia and stunting.
28 November 2018
According to the report the global average monthly gender pay gap was 21.2% in 2017, while Bangladesh gender pay gap was only 2.2%, the lowest in the world.
Pakistan topped the gap chart by 43.8%.
Nepal topped the low income group with 26.7% gap and the average gender pay gap is 21.2%.
28 November 2018
Shah Rukh Khan's wife and Renowned interior designer and co-owner of Red Chillies Entertainment, Gauri Khan debuts on the list of ‘Fortune India’s 50 Most Powerful Women’ in business’ this year.
Being the founder and chief executive office of Gauri Khan Designs, Gauri gained the 42nd spot.
The top five Fortune India's Most Powerful Women list 2018:
1. Zia Mody - Co-founder, AZB & Partners;
2. Kiran Mazumdar-Shaw - Chairperson and MD, Biocon;
3. Suneeta Reddy - Managing director, Apollo Hospitals Enterprise;
4. Alice G. Vaidyan - Chairman and managing director, General Insurance Corporation of India (GIC Re);
5. Mallika Srinivasan - Chairman and CEO, Tractors and Farm Equipment (TAFE).
21 November 2018
The report shows that the number of migrant and refugee school-age children around the world today has grown by 26% since 2000 and could fill half a million classrooms.
The literacy levels in rural households of India dip with seasonal migration.
About 80% of seasonal migrant children in seven cities lacked access to education near work sites.
21 November 2018
India has slipped two places to rank 53rd on a global annual talent ranking released by IMD Business School Switzerland.
While Switzerland has topped the global ranking for the fifth year in a row, it is followed by Denmark, Norway, Austria and the Netherlands in the top-five.
Within Asia, Singapore has topped the charts with a global 13th place on the list that ranks 63 countries in developing, attracting and retaining talent.
Among BRICS nations, Brazil is ranked 58th, South African 50th and Russia 46th.
17 November 2018
The Indian Institute of Science (IISc) in Bangalore (28th position) , Indian Institute of Technology (IIT) Delhi (53rd position) and Bombay are among the top education institutions from India that have made it to the top 150 list of the 'Global University Employability Ranking'.
The Harvard University topped the list, followed by the California Institute of Technology and Massachusetts Institute of Technology.