Three Indian companies among top 100 in arms sales globally

What is the News? Swedish think tank Stockholm Institute Peace Research Institute (SIPRI) has released a report titled “The SIPRI Top 100 arms-producing and military services companies, 2020”. What are the key findings of the report? Findings Related to India India’s share of arms sales globally in 2020 was 1.2%.  Three Indian companies are among… Continue reading Three Indian companies among top 100 in arms sales globally

World Inequality report 2022: World’s most extreme inequality increase in India

What is the News? World Inequality report 2022 has been released. The report is authored by Lucas Chancel, co-director of the World Inequality Lab and coordinated by famed French economist Thomas Piketty among others. What are the key findings of the World Inequality Report 2022 related to India? National Income: In India, the top 10%… Continue reading World Inequality report 2022: World’s most extreme inequality increase in India

Diabetes Atlas: A new report shows worrying growth of the diabetes pandemic

What is the News? The 10th edition of the International Diabetes Federation Diabetes Atlas has been released. About International Diabetes Federation (IDF) Diabetes Atlas IDF Diabetes Atlas is the authoritative resource on the global impact of diabetes. The atlas was first published in 2000. The Atlas is produced by the International Diabetes Federation (IDF) in… Continue reading Diabetes Atlas: A new report shows worrying growth of the diabetes pandemic

Adapt on climate, not mitigate: Study

What is the News? A report titled ‘Decarbonisation and the evolving role of corporate boards’ has been released by KPMG, a global network of professional firms. What are the key observations made by the report? The COP26 Summit or the UN Climate Change Conference of the Parties in Glasgow, UK has kept alive the goal… Continue reading Adapt on climate, not mitigate: Study

What the new wage rate index series means for salaries?

What is the News? The Union Labour Ministry has revised the Wage Rate Index by setting the new base year at 2016 which will replace the old series with base of 1963-65.  What is the Wage Rate Index? Wage Rate Index is a vital economic indicator that measures changes in the wage level in selected… Continue reading What the new wage rate index series means for salaries?

Poverty ratio 32.75% in rural areas against 8.81% in urban: NITI report

What is the News? Recently, Niti Aayog has released India’s first National MPI (multidimensional poverty index). The index is based on the findings of the fourth National Health Family Survey (2015-16). This index calculated the poverty ratio on the basis of three dimensions of MPI– health, education, and standard of living — with each having a… Continue reading Poverty ratio 32.75% in rural areas against 8.81% in urban: NITI report

Annual Report on State Finances: The vital third tier

News: Reserve Bank of India (RBI) has released its annual study of state finances. What are the findings of the report? -States’ gross fiscal deficit breached the 3% of gross domestic product (GDP) mark. -Combined revenue deficit of the state governments rose from 0.1% of GDP in 2018-19 to 2% of GDP in 2020-21 because… Continue reading Annual Report on State Finances: The vital third tier

UN REPORT ON MULLAPERIYAR DAM

What is the News? United Nations University-Institute for Water, Environment and Health (UNU-INWEH) has released a report titled “Ageing Water Storage Infrastructure: An Emerging Global Risk”. The report provides an overview of the current state of knowledge on the ageing of large dams. According to the report, four Asian countries – China, Japan, India and… Continue reading UN REPORT ON MULLAPERIYAR DAM

‘Top 1% captured over a third of wealth growth’: World Inequality Report

What is the News? The World Inequality Report 2022 has been released. About World Inequality Report 2022  The report has been produced by a team of world-leading economists. One of the co-authors is economist Thomas Piketty. Purpose: The report is the most authoritative and comprehensive account available of global trends in inequality. What are the… Continue reading ‘Top 1% captured over a third of wealth growth’: World Inequality Report

The story of India’s falling fertility rate, in five charts

What is the news? According to the latest round of the National Family Health Survey (NFHS 2019-21), India’s Total Fertility Rates (TFR) has reached 2.0 at the national level. Achievement of TFR is a significant feat for the country’s family-planning programme. Must read: NFHS-5 and its findings – Explained, pointwise About the data on NFHS-5 on population Urban-Rural Gap:… Continue reading The story of India’s falling fertility rate, in five charts

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