Data discoveries of the week, presented in charts. We look at data on India’s female labour force participation, FDI inflows in 2023, largest stock market gain in a single day, Indian women in mutual fund and more.
- Dec 2023 over US$6bn of prior FDI being repatriated from India and this meant that for the month, there was net negative FDI – more money flew out of India than it came in.👇
Following a five-month streak of rising FDI, Dec '23 experienced a downturn, with gross inflows dropping by nearly 30%. The total FDI inflow for the month, amounting to US$4.5 billion, marked the smallest figure since Nov '23.#ChartOfTheDay pic.twitter.com/wilayEvpQD
— Kuvera (@Kuvera_In) March 5, 2024
2. Participation of Indian women in the mutual fund sector is steadily increasing.
Based on data from CAMS, there were ~79 Lakh women MF investors with ~2 crore folios as on Feb 2024👇
2/9 pic.twitter.com/zgWUL2IXLq
— Kuvera (@Kuvera_In) March 8, 2024
3. Under the Liberalised Remittance Scheme, all resident individuals, including minors, are allowed to freely remit up to USD 2,50,000 per financial year (April – March) for any permissible current or capital account transaction or a combination of both.
Despite higher taxes on overseas remittances set by last year's budget, outflows under the RBI's Liberalised Remittance Scheme rose by 16% in Dec 23, driven by a 36% increase in overseas travel spending to US$1.5bn.#ChartOfTheDay pic.twitter.com/uFdJ0w8BbR
— Kuvera (@Kuvera_In) March 7, 2024
4. Fixed line subscription in India rose in 2023.
India's fixed-line subscriptions surged in 2023 (highest in years) to over 30 million, topping 2012's peak. Likely driven by increasing broadband demand for OTT services, but it is still dwarfed by wireless subscriptions.#ChartOfTheDay pic.twitter.com/ehxIj85PHa
— Kuvera (@Kuvera_In) March 6, 2024
5. Which countries economy is most vulnerable to climate change? ⛈️
Impact of Climate Change on GDP
The 🇵🇭Philippines and the 🇺🇸US are the countries hit hardest by climate-driven extreme weather, measured as a % of their economies, according to a report released by global reinsurance giant Swiss Re.#ChartOfTheDay pic.twitter.com/RMS9C3eCNX
— Kuvera (@Kuvera_In) March 4, 2024
6. Of the millions of workers who worked in India’s factories in 2019-20, less than a fifth were women. This share has remained largely unchanged for over two decades.
👩🏭🏭 First up: How many women work in India’s factories? And which sectors and states are they most likely to be working in (#Hint: you’d be up for a surprise!)https://t.co/CO61qHxadp
— Centre for Economic Data and Analysis (@CedaAshoka) March 8, 2024
7. 2024 inflation projections around the world, based on forecasts from the International Monetary Fund (IMF).
Visual of the Week 🏅
In 2024, global inflation is projected to decline to 5.8%, down from a 6.8% estimated annual average in 2023. Venezuela, with the largest oil reserves globally, is projected to see inflation reach 230%—the highest overall ⬆️https://t.co/x4Ow6tMNrl pic.twitter.com/RzGNvKVrP3
— Visual Capitalist (@VisualCap) March 9, 2024
8. The biggest single-day market cap gains.
Ranked: Top 10 Single-Day Market Cap Gains 💪
📲 Want more content like this with daily insights from the world’s top creators? See it first on the @VoronoiApp.https://t.co/9QkmSuFFRJ pic.twitter.com/stCE8w9mhB
— Visual Capitalist (@VisualCap) March 8, 2024
9. The rise of EV cars. 👇
How quickly are countries moving to electrified transport?
As recently as 2010, electric cars made up less than 1% of global car sales.
By 2022, around 1 in 7 (14%) new cars sold worldwide were electric. For 2023 the preliminary estimate is around 1 in 5. pic.twitter.com/ITucIHTSVk
— Our World in Data (@OurWorldInData) March 1, 2024
10. Top countries by car ownership.
Who Owns the Most Vehicles per Capita, by Country? 🚗
📲 Want more content with daily insights from the world’s top creators? See it first on the @VoronoiApp.https://t.co/eqSa9tcnqY pic.twitter.com/vFj186gNTf
— Visual Capitalist (@VisualCap) March 5, 2024
11. India’s import and export trends over the last two decades.
Delighted to speak at @raisinadialogue in Tokyo. Here’s a gist of my speech: India’s trade with the world has grown massively in last 20 years. Unfortunately Japan’s stature in India’s overall trading relations has shrunk rapidly in last 2 decades. 1/3 #IndiaJapan #QUAD pic.twitter.com/ARPwvZnZfk
— Shamika Ravi (@ShamikaRavi) March 8, 2024
12. No. of credit cards by banks in India.
#HDFCBank, #SBICard, #ICICIBank and #AxisBank hold 70% of the credit cards market share, says #RBI data.
Read @Mimansa_Verma & @PragattiOberoi8's report: https://t.co/bYF99kovoY pic.twitter.com/UarUYMNbcT
— NDTV Profit (@NDTVProfitIndia) March 7, 2024
13. Indian states as countries with similar populations.
If Indian states were renamed after countries with similar population
[🗺️ India in Pixels] pic.twitter.com/ugIhEy86rx
— Massimo (@Rainmaker1973) March 7, 2024
14. The Magnificent 7 group of cos. is now at a market capitalization greater than any single country’s entire stock market, except for the US.
This is shocking!
The Magnificent 7 now have a larger market cap than any country's ENTIRE stock market
Except the US pic.twitter.com/Xvu9Pbnu9U
— Game of Trades (@GameofTrades_) March 7, 2024
15. US markets are in a period of extreme concentration. The chart shows the market cap of the largest US stock relative to the 75% percentile stock every year since 1925. Notice the years of peak.
Periods of extreme market concentration during the past century – GS pic.twitter.com/Bsx6pgvRbK
— Sam Ro 📈 (@SamRo) March 7, 2024
16. Mexico and Peru are the two largest producers of silver. And their current production is the lowest in 14 years.
Silver production from Mexico and Peru, the world's two largest producers, is at its lowest point in 14 years.
The combined output is now down 25% from its 2016 peak levels.
As gold breaks out to record levels, igniting a new bull market for precious metals, a major supply… pic.twitter.com/NSPSOrmJYW— Otavio (Tavi) Costa (@TaviCosta) March 7, 2024
17. Revenue growth and valuations of US IT companies are moving in opposite directions.
Revenue growth for technology companies has been decelerating while valuations have surged pic.twitter.com/N7AYpCVcdG
— Dan Rasmussen (@verdadcap) March 7, 2024
18. Impact of deflation in China – car prices are collapsing.
🟥China is in a full blown deflation
Car prices are collapsing pic.twitter.com/hqVr2a93n1
— HZ (@MFHoz) March 7, 2024
19. Impact of Amycretin, the weight loss Pill trials on Novo Nordisk’s stock prices.
$NVO surged to record highs after an early trial of the pill version of experimental drug amycretin showed weight loss of 13.1% after 12 weeks.
That compares to a weight loss of about 6% after 12 weeks and 15% after 68 weeks in trials for Wegovy. https://t.co/GvyVidRIqS pic.twitter.com/3VzSM5wxZH
— Yahoo Finance (@YahooFinance) March 7, 2024
Disclaimer: The post, charts and graphs featured in this blog have been curated from various sources on X.com and the web, and represent the perspectives & analyses of the original authors. The ideas and views expressed in these charts do not necessarily reflect the opinions of Kuvera. Furthermore, Kuvera’s commentary on each post is based solely on the data shown within the chart itself and assumes no responsibility for the accuracy or reliability of the data presented. Kuvera is not liable for any interpretations or decisions made by readers based on the featured charts. Readers are advised to conduct their own research and due diligence.
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