Data discoveries of the week, presented in charts. This week we look at some fascinating data on the India’s gold reserves, the viral work hours in India, mutual fund investing in IPO, SIP inflows hiting record high and more.
- Jamui district in Bihar has India’s largest gold reserve, here are the states with the largest gold reserves in India.
GSI carried out preliminary stage & general stage exploration for #Gold from '16 to '21. Check out the state-wise reserves/resources in India.#HappyDhanteras #ChartOfTheDay pic.twitter.com/TFIv5pxRZJ
— Kuvera (@Kuvera_In) November 9, 2023
2. Are Indians working hard enough? A look at the working hours across major economies in light of the viral work hour debate. ?
#Narayanmurthy's statement about India working 70 hours/week has ignited a viral debate! ? As per the International Labour Organisation, India works ~50 hours per week. Here are the work hours of other major global economies. ? How do you feel about the #70hoursworkweek… pic.twitter.com/1MtpDRk6du
— Kuvera (@Kuvera_In) November 8, 2023
3. Which sector contributes how much to India’s GDP? ?
In 2020-21, India's Service sector accounted for 53.89% of the total GVA of ₹179.15 lakh crore, making it the largest one. Industry sector contributes 25.92% with GVA of ₹46.44 lakh crore while the Agriculture and Allied sector has a 20.19% share.#ChartOfTheDay #IndiaEconomy pic.twitter.com/cpgYyGbAks
— Kuvera (@Kuvera_In) November 7, 2023
4. While global warming is a collective challenge, it’s important to acknowledge that certain countries bear a disproportionate responsibility for its impact.
Just 1% of the world's population caused nearly 25% of the greenhouse gas emissions from 1990 to 2021. Interestingly, the top 4 most populous countries, which represent 42% of the world's population, contributed just 23% of the cumulative emissions from 1850 to 2021.… pic.twitter.com/2ivKBTSY5k
— Kuvera (@Kuvera_In) November 6, 2023
5. About 795 million people are undernourished globally, food insecurity is a global concern.
?? Food insecurity is a growing concern, impacting over 210 million people in conflict-affected regions.
Get the latest global #commodity price forecasts in the #CMO2023 report.
➡️ https://t.co/ZZQHiV9QfW pic.twitter.com/rEQafiUMtm— World Bank (@WorldBank) November 8, 2023
6. It’s time for India to take public health seriously.
Global junk food giants see a lifeline in countries like India as public health awareness grows in Western markets.
????????????: https://t.co/vmgxaXCw20 pic.twitter.com/AE1nyReQCC
— Bloomberg Graphics (@BBGVisualData) November 7, 2023
7. Yet another chart depicting India’s growing contribution to the world economy. ?
India’s economy has grown by 355% in 26 years, contributing 15% of global growth since 2012. India is now the third-largest economy in the world, with a 10% share of global output. #IndiaGDP #GlobalGrowth https://t.co/3gtlhiDZPk
— World Economics (@WorldEconomics) November 9, 2023
8. Do mutual funds give you IPO exposure?
The whole ruckus about #mutualfunds investing in #mamaearth IPO is absurd. A fund should not be judged by a single bet with a tiny fraction of its AUM. Most of these funds have beaten their benchmarks. Story by @rohatgi_akshat https://t.co/EJBgzzEAVs pic.twitter.com/zS03WkpPsK
— Neil Borate (@ActusDei) November 9, 2023
9. We are reiterating, do not delay your investments. ??
What's the cost of delaying your investments?
If someone invests Rs.30,000 at 14% CAGR, she will get Rs.9.1 crores after 30 years.
But if she delayed the investment for 10 years and invested only for 20 years, the final corpus dips to Rs. 2.3 crores.
Even if she invested three… pic.twitter.com/vBW6tyQnTT
— Sashind Ningthoukhongjam (@sashindnj) November 9, 2023
10. Did you know that baby boomers own half of the USA’s $156 trillion in assets despite making up just 21% of the country’s population?
Visualizing $156 Trillion in U.S. Assets, by Generation ?https://t.co/cxhTnkmBs8 pic.twitter.com/LS4kCuC0cI
— Visual Capitalist (@VisualCap) November 9, 2023
11. The airline industry is experiencing a resurgence, with a remarkable 30% increase in traffic and a staggering 50% growth in revenue year-on-year in 2022.
Ranked: Which Airlines Carried the Most Passengers in 2022? ✈️https://t.co/gZhn5Dtnn2 pic.twitter.com/rCuyJisxgM
— Visual Capitalist (@VisualCap) November 9, 2023
12. 1Y, 3Y, 5Y and 10Y returns on different asset classes in India.
#PersonalFinance | Building a portfolio is a complex exercise, and it has to be maintained too. A person's portfolio holds different types of assets based on her financial goals, and each asset class gives different types of returns, which is why portfolio must have an ideal mix… pic.twitter.com/LMMl4m06BX
— Mint (@livemint) November 7, 2023
13. SIP inflows shot to a record high in October 2023
Systematic investment plan (#SIP) flows hit a record high of ₹16,927.86 crore in October, up 5.5% from the previous month, data from the Association of Mutual Funds in India (#AMFI) showed
(@MayurBhalerao1 reports)
Read more: https://t.co/gDBXnHRMeR pic.twitter.com/X6VfBBFthc
— Mint (@livemint) November 10, 2023
14. India’ per capita GDP growth vs other Asia-Pacific countries and Emerging Markets.
India’s economy has improved the living standards of its people, as its GDP per capita has grown by 218% since 1996. The report shows that India has a demographic dividend and a potential for more growth. #IndiaGDP #LivingStandards https://t.co/9TjcqnOWSF
— World Economics (@WorldEconomics) November 10, 2023
15. Projected balance of the social security trust fund in the US.
More people are receiving Social Security benefits than are paying in, and if nothing is done the trust fund will run dry in 2033 at which point benefits will have to be cut.
What are the options to save it before it gets to that point?
Video: https://t.co/a8zlVlW9Qf pic.twitter.com/7u9qvkZfVw
— Charlie Bilello (@charliebilello) November 6, 2023
16. Food inflation in OECD countries. Check out Turkey! ??
? Food #inflation in the OECD slowed for the tenth consecutive month, reaching 8.1% in September, down from 8.8% in August. However, food inflation still exceeded 10% in 9 #OECD countries.
More #OECDStats in the latest news release ? https://t.co/t9Hrk2KrpO pic.twitter.com/hzfNjqNw3R
— OECD Statistics (@OECD_Stat) November 9, 2023
17. World’s leading cotton producers. ?
Ranked: The World’s Top Cotton Producers ?https://t.co/vva7kM9ecx pic.twitter.com/a2M7xAZWAa
— Elements (@VCElements) November 10, 2023
18. US youth unemployment rate vs overall unemployment rate.
I think of youth unemployment the same way I think of small-caps. They are very useful series to follow near inflection points in the cycle. Their volatility makes turning points easier to see. The unemployment rate is only 0.5% higher, but youth unemployment is up much more! pic.twitter.com/K3mFU9BROn
— Francois Trahan (@FrancoisTrahan) November 6, 2023
19. Published in the 1800s, a book by the farmer Samuel Benner has this chart on economic cycles. Almost “Nostradamic”?
Samuel Benner, a farmer from the 1800s, published a book with market analysis on periods of panic, good times to buy, and good times to sell. 150 years later, his analysis has proven to be remarkably accurate. pic.twitter.com/hr3JqJwk0Z
— Barchart (@Barchart) November 7, 2023
20. GDP per capita growth for Russia vs the Baltic states (Estonia, Lithuania, Latvia) and Poland.?
Russia’s economy has stagnated since 2008, as Putin’s aggression has hurt its living standards. The report shows that Russia’s GDP per capita growth was only 1% per year, while the Baltic States and Poland soared. #RussiaEconomy #PutinAggression https://t.co/GMkw3Ci8xL
— World Economics (@WorldEconomics) November 7, 2023
21. Personal savings rate in the US is at a record low, with credit card debt at historic highs.
BEWARE: Personal savings rate has collapsed
With credit card debt above $1 trillion
And personal interest payments crossing $500 billion
The consumers are heading for trouble pic.twitter.com/8wUN7UhKJe
— Game of Trades (@GameofTrades_) November 9, 2023
22. Not just credit card debt, the total household debt in the United States also reached an all-time high of $17.3 trillion.?
Total household debt in the United States grew by $228 billion in the third quarter of 2023, to reach an all-time high of $17.3 trillion, at least in nominal terms. The increase was mainly driven by mortgage, credit card and student loan balances. pic.twitter.com/BLNNWMWWqV
— Statista (@StatistaCharts) November 10, 2023
23. Worst performing stocks in 2022 are now the best, and vice versa.
The worst performing areas of the equity market in 2022 (Nasdaq/Tech/Growth) have been the best performers thus far in 2023. And the best performers from 2022 (Energy/Value/Equal Weight) have been the worst. pic.twitter.com/0sAi3dNUZ6
— Charlie Bilello (@charliebilello) November 6, 2023
24. Commercial bank credit in the US has dropped by over 2%, for only the 3 time in history.
For only the 3rd time in the last 50 years, commercial bank credit has declined by more than 2%. The other 2 times were the peak of the Dot Com Bubble and the aftermath of the Global Financial Crisis. pic.twitter.com/mi3vPmUt1H
— Barchart (@Barchart) November 7, 2023
25. Apple’s $604 billion stock buyback over the past 10 years is bigger than the market cap of 492 companies in the S&P 500.?
Apple has bought back $604 billion in stock over the past 10 years, which is greater than the market cap of 492 companies in the S&P 500. $AAPL pic.twitter.com/xLkffgyhqQ
— Charlie Bilello (@charliebilello) November 6, 2023
26. While the Developed markets contributed just 19% of global output growth, Emerging Markets generated a whopping 65%.
Emerging Markets have led the global growth in the last decade, generating 65% of output growth, while Developed Markets only added 19%. The report uses PPP and shadow economy corrections to estimate the real size of GDP. #EmergingMarkets #GlobalGrowth https://t.co/n5RgD3tsLL
— World Economics (@WorldEconomics) November 10, 2023
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