 According to the US-based Institute for Energy Economics and Financial Analysis (IEEFA) report, Karnataka is the new national leader in renewable energy generation. It has surpassed Tamil Naduthat had for quite some time been India's best renewable market. Karnataka has a sum of 12.3 gigawatts (GW) of renewable capacity installed till March 2018. IEEFA's report was titled as "Karnataka's Electricity Sector Transformation". |
| Source- Dailyhunt |
 According to the Public Affairs Index 2018, Kerala is the best-governed state in the country, released by a Bengaluru think-tank, Public Affairs Centre. As per the report, Tamil Nadu, Telangana, Karnataka and Gujarat are among the top five states delivering good governance. Bihar, Jharkhand, Madhya Pradesh, Uttar Pradesh and Odisha ranked the lowest on the index, indicating higher social and economic inequalities. Among smaller states – with the population less than two crore – Himachal Pradesh topped the list of states with good governance, followed by Goa, Mizoram, Sikkim and Tripura. Meghalaya performed the worst in this list. Manipur, Nagaland, Delhi and Jammu and Kashmir were the other poor performers. This year’s index also measured how child-friendly each state is. Kerala, Himachal Pradesh and Mizoram topped this index. |
| Source- The Scroll |
 The International Monetary Fund (IMF) has cut India’s GDP growth forecast by 10 basis points to 7.3% in the year 2018 and by 30 basis points to 7.5% in 2019, as the international body expects the central bank to tighten the monetary policy faster. The IMF announced that India remains a key driver of global growth and India will still retain its top spot in the global growth league. |
| Source- AIR World Service |
 The UK has topped an annual global ranking of nations' soft power, with France placed second on the list of 30 countries which does not feature India. The 2018 'Soft Power 30' index, published by UK-based strategic communications consultancy firm Portland and the University of Southern California Center on Public Diplomacy, ranked Germany as third followed by the US. This year's report also features a chapter dedicated solely to Asia, listing 10 countries in the region, ranking India's soft power as eighth. In the fourth edition of the annual Soft Power 30 Index. |
| Source- AIR World Service |
 Haryana has topped other states in per capita revenue collection under GST and is also the fourth highest generator of e-way bills in the country. The Finance Minister of Haryana Capt. Abhimanyu claimed Haryana has widened the tax base by 82.22% and logged 19% hike in revenue collections. About 1.12 crore e-way bills were generated in Haryana between April 1, 2018 and June 30, 2018, catapulting the state to the position of 4th highest generator of e-way bills in the country. The compliance percentage of assessees in the state is 5-7% higher than the national average and revenue collection under commercial taxes has registered double-digit growth. |
| Source- The Times of India |
 Reliance Industries Chairman and India's richest person Mukesh Ambani dethroned Chinese e-commerce company Alibaba's Co-founder Jack Ma to become Asia's richest person as RIL shares hit an all-time high. Ambani's net worth now stands at $44.3 billion as compared to Jack Ma's $44 billion wealth, according to Bloomberg. Ambani has added $4 billion to his wealth this year. |
| Source- The Bloomberg |
 Forbes released its fourth annual list of America’s Richest Self-Made Women. These 60 women, who have a record combined net worth of $71 billion, up 15% from $61.5 billion in 2017. The minimum net worth needed to make this year’s list is $320 million, up from $260 million last year. Diane Hendricks, co-founder and chairman of ABC Supply, the nation’s largest roofing distributor, reclaims the top spot, with a net worth of $4.9 billion. Marian Ilitch, worth $4.3 billion, falls to the No. 2 spot. Kylie Jenner, who at not even 21 years old has built a $900 million cosmetics fortune with virtually no employees or capital. Kylie Cosmetics launched two years ago and has since sold more than $630 million worth of makeup. |
| Rank | Name | Company | Net Worth ($B) |
|---|---|---|---|
| 1. | Diane Hendricks | ABC Supply | $4.9 billion |
| 2. | Marian Ilitch | Little Caesars | $4.3 billion |
| 3. | Judy Faulkner | Epic Systems | $3.5 billion |
| 4. | Meg Whitman | Hewlett Packard Enterprise | $3.3 billion |
| 5. | Johnelle Hunt | J.B. Hunt Transport Enterprise | $3.2 billion |
 India has become the world's sixth-biggest economy, pushing France into seventh place, according to updated World Bank figures for 2017. India's gross domestic product (GDP) amounted to $2.597 trillion at the end of 2017, against $2.582 trillion for France. |
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The world's top 3 economies are:
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| Source- The Economic Times |
 For the second year in a row, Andhra Pradesh has been ranked as the easiest Indian state to do business in, according to a survey. The Chandrababu Naidu-led state took the pole position in the rankings for Ease of Doing Business that was released by the Department of Industrial Policy and Promotion and Ministry of Commerce and Industry in Delhi. Telangana came second followed by Haryana, Jharkhand and Gujarat. The north-eastern state of Meghalaya was ranked lowest at 36th. |
| Ease Of Doing Business Rankings: |
| Sl.No. | STATE | SCORE |
|---|---|---|
| 1. | Andhra Pradesh | 98.4 |
| 2. | Telangana | 98.3 |
| 3. | Haryana | 98.1 |
| 4. | Jharkhand | 98.0 |
| 5. | Gujarat | 98.0 |
| Source- The Livemint |
 The Global Innovation Index (GII) has ranked India as the 57th most innovative nation in the world. The country has improved its ranking from 60th position in 2017. India has been improving steadily since it was ranked 81st in 2015. Meanwhile, China improved its ranking from 22 in 2017 to 17 this year. The GII is being developed jointly by Cornell University, the Paris-based business school Insead and the World Intellectual Property Organisation (WIPO) in Geneva. GII ranks 126 economies based on 80 indicators. |
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The Top 3 Countries in Global Innovation Index are:
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| Source- The Economic Times |
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