Current Affairs Ranks & Reports

  India was ranked 17th position among 100 countries in Startup Ecosystem Ranking for 2019 released by StartupBlink. It was ranked 37th spot last year. The report ranks countries based on the strength of its startup ecosystem. It takes into consideration startup ecosystems of 1,000 cities and 100 countries for the ranking. China was ranked 27th. Bangalore, New Delhi, and Mumbai were the top cities in the Indian startup ecosystem.
Source: Financial Express

  India ranked 140th out of 180 countries in the World Press Freedom Index 2019, released by Reporters Without Borders. The index is topped by Norway. Paris-based Reporters Sans Frontieres (RSF), or Reporters Without Borders, is a non-profit organisation that works to document and combat attacks on journalists around the world.
Source: Economic Times

  The Time 100 Most Influential People 2019 list has been released, naming the world’s most influential pioneers, leaders, titans, artists, and icons of the year. Reliance Industries Chairman Mukesh Ambani and public-interest litigators Arundhati Katju and Menaka Guruswamy, who spearheaded a historic legal battle for LGBTQ rights in India, are the Indian names that appeared in the list. The famous names in the list include Indian-American comedian and TV host Hasan Minhaj, US President Donald Trump, Pope Francis, Chinese President Xi Jinping, Pakistan PM Imran Khan, and iconic golfer Tiger Woods.
Source: TIME

  The financial year 2019 has ended on a relatively robust note for banks. They clocked a 13.23% year-on-year credit growth against 9.85% in FY2018. Deposit growth, at 9.99% year-on-year in FY2019, was also better than the 6.15% logged in FY2018, according to the Reserve Bank of India’s scheduled banks’ statement of position in India.
Source- The Hindu Business Line

  HDFC Bank has been identified as number 1 bank by customers in India, as per Forbes World’s Best Bank survey. In the first edition of this survey, Forbes partnered with market research firm Statista to measure the best banks in 23 countries. HDFC Bank emerged as India’s No 1 bank. ICICI Bank was at number 2 and SBI was surprisingly ranked 11th in the list. Customers were asked to rate banks on overall recommendation and satisfaction, as well as 5 key attributes or ‘sub-dimensions’ namely trusts, terms & conditions, customer services, digital services and financial advice.
Source- The Forbes

  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, according to a report by the United Nations Population Fund (UNPFA). India’s population in 2019 stood at 1.36 billion, growing from 942.2 million in 1994. In comparison, China’s population stood at 1.42 billion in 2019, growing from 1.23 billionin 1994. The UN sexual and reproductive health agency stated in the State of World Population 2019 report.
Source: The Hindu

 India’s asset management companies (AMCs) own assets under management (AUM) worth Rs24.46 trillion, according to data released by the Association of Mutual Funds in India (Amfi). HDFC Asset Management Co. Ltd has claimed the top spot with an average AUM of Rs3.42 trillion, overtaking ICICI Prudential Asset Management Co. Ltd with an average AUM of at Rs3.20 trillion. Out of the total industry assets, a huge 82.7% is owned by the top 10 AMCs, who have owned around 80% of the industry assets over at least three years now.
Source- The Livemint

  President Ram Nath Kovind has released the national ranking of higher institutes by the Ministry of Human Resources Development (HRD) in New Delhi. Indian Institute of Technology Madras topped the rankings while the Indian Institute of Science, Bangalore bagged the second rank followed by IIT Delhi. Delhi University’s Miranda House was ranked the best among colleges across the country, while the varsity’s St Stephen’s College was ranked fourth. AIIMS has been ranked first among medical sciences institutes and National Law School, Bangalore has topped law colleges.
Source- AIR World Service

 As per the World Bank Report, India retained its position as the world’s top recipient of remittances with its diaspora sending a whopping USD 79 billion back home in 2018. India was followed by China (USD 67 billion) and Mexico (USD 36 billion). The Report was titled as ‘World Bank’s Migration and Development Brief’. Over the last three years, India has registered a significant flow of remittances from USD 62.7 billion in 2016 to USD 65.3 billion 2017.
Source- The Moneycontrol

  A report by OpenSignal, which is named as ‘OpenSignal’s Hottest city for 4G Availability’ reveals the 4G Availability in India’s 50 largest cities. Out of the 50 cities, Dhanbad, which is also known as the coal capital of India has the highest 4G availability of 95.3%, followed by Ranchi which has 95% of 4G Availability. Notably, both Ranchi and Dhanbad are two cities in Jharkhand and they are the only two cities to have over 95% of 4G coverage. Interestingly, Srinagar, which is one of the remote areas in the country stood third on the list with 4G Availability score of 94.9%.
Source: Economic Times


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