UN Development Programme (UNDP) has released the 2019 global Multidimensional Poverty Index. Highlights of the reports are:
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Source: The Hindu |
Singer Taylor Swift has topped the Forbes’ Celebrity 100 list and emerged as the highest-paid celebrity with her 2019 estimated earnings of over USD 185 million. Taylor Swift replaced Kylie Jenner. Jenner is now 2nd in the list. India’s Akshay kumar is placed 33rd in the list. |
Source: The Forbes |
According to property consultant CBRE, New Delhi’s Connaught Place (CP) is the 9th most expensive office location in the world. Hong Kong’s Central district retained the top spot as the world’s most expensive market for prime office rents. Mumbai’s Bandra Kurla Complex and Nariman Point CBD slipped to 27th and 40th position. Global Prime Office Occupancy Costs survey, CBRE tracks the cost of leasing prime office space globally. |
Source: The Economic Times |
The Henley Passport Index 2019 have ranked the Indian passport on the 86th position with a mobility score of 58. The score points out that Indian passport holders can access 58 countries around the world without a prior visa. Japan and Singapore holds the top spot with a score of 189. The index includes 199 passports and 227 travel destinations including micro-states and territories. |
Source: The Indian Express |
Maharashtra achieves first rank in NITI Aayog launched “Agricultural Marketing and Farmer Friendly Reforms Index (AMFFRI)”. The index ranks states based on the degree of reforms they have undertaken in agricultural marketing. AMFFRI has a score that can have minimum value “0” implying no reforms and maximum value “100” implying complete reforms in the selected areas. |
Source: The Economic Times |
According to the Swiss National Bank (SNB), India has moved down one place to 74th rank in terms of money parked by its citizens and enterprises with Swiss banks. U.K. has retained its top position. India was ranked 73rd last year, after jumping from its 88th rank a year ago. |
Source: The Hindu |
As per the Organisation for Economic Co-operation and Development’s (OECD) Economic Outlook, India’s economic growth will regain strength and approach 7.5% by 2020 buoyed by rural consumption and subdued inflation. As per the report, Gross domestic product (GDP) growth in India is projected to strengthen to close to 7.25% in FY19. This growth will come from higher domestic demand due to improved financial conditions, fiscal and quasi-fiscal stimulus, including new income support measures for rural farmers, and recent structural reforms. |
Source- The Economic Times |
India stands in a lowly 117th position out of 181 countries in the KidsRight Index,the annual global index which ranks how countries adhere to and are equipped to improve child rights. Iceland secured the top position in the index followed by Portugal. Countries are judged on five indicators: right to life, right to education, right to health, right to protection and enabling environment for child rights. KidsRights Index is an initiative of Kids Right Foundation in cooperation with Erasmus University, Rotterdam. |
Source- Deccan Chronicle |
As per the report by the United Nations, India’s economy is projected to grow at 7.1% in the fiscal year 2020 on the back of strong domestic consumption and investment. Indian economy expanded by 7.2% in 2018. According to the report, GDP growth is a downward revision from the 7.4% estimated in January 2019. The World Economic Situation and Prospects (WESP) 2019 Mid-year Update noted that growth projections for 2019 have been revised downward in all major developed economies. |
Source- News on AIR |
According to the RBI data, in Mar 2019, the total number of financial transactions done by people using their debit cards increased by 15%. Also, the financial transactions done by the debit cards at POS terminals increased by 27% compared to March 2018. In actual terms, the total number of financial transactions done by people using their debit cards at ATMs stood at 891 million for the month of March, increased by 15%, against 775 million in March 2018. |
Source- Business Times |
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