Data discoveries of the week, presented in charts. This week we look at interesting data about India’s tax collection, digital transactions in India, IMF’s global growth projection, global crude oil consumption, global & Indian economy, revenue collection, China’s deflation & more.
1. UPI growth continues, ? 2023 month-on-month UPI transactions ?
In July 2023, the value of UPI transactions exceeded a whopping ₹15 lakh crore! UPI is also going global now with countries like Sri Lanka, France & Singapore. ?
Here's a look at how M-o-M growth of UPI transactions for 2023#ChartOfTheDay #upi pic.twitter.com/HC4w4IkFmO
— Kuvera (@Kuvera_In) August 11, 2023
2. Here’s how India filed its ITR this year ? ??
Over 6.77 crore ITRs were submitted for AY 2023-24. See how many were filed based on form types??#ChartOfTheDay #IncomeTax pic.twitter.com/IOklHqoZ9s
— Kuvera (@Kuvera_In) August 10, 2023
3. Sensex performance since 1991 ??
A brief history of the economy since 1991.
With #Sensex in its all-time high zone, a quick glance at how it has moved through the times.
Data courtesy @TataMutualFund pic.twitter.com/kFpXTAi70h
— Kuvera (@Kuvera_In) August 9, 2023
4. A quick look at India’s domestic tourism in the past decade ??
2022 witnessed a strong resurgence in domestic tourism, indicating post-pandemic recovery. Yet, pre-pandemic visitor levels remain to be achieved. ??#ChartOfTheDay #Indiatourism pic.twitter.com/z2nHMzi59n
— Kuvera (@Kuvera_In) August 8, 2023
5. Which Indian state exercises the most ? ???
Some interesting insights from the report Exercising in India: An Exploratory Analysis Using the Time Use Survey, 2019
At ~25%, Goa ranks highest with the max share of population that spends any time exercising. Among those who exercise, people from Rajasthan spent the most… pic.twitter.com/b1s8k6Gpbf
— Kuvera (@Kuvera_In) August 7, 2023
6. India has the second-largest number of agricultural workers in the world.
Charted: Changing Sentiments Towards AI in the Workplace ?https://t.co/lRP5HoKbXn pic.twitter.com/ABQF9xvrBc
— Visual Capitalist (@VisualCap) August 11, 2023
7. Market sentiments through the ups and downs of the market ???
Love it! @dhirendra_vr https://t.co/Or5wSUto6a
— Neil Borate (@ActusDei) August 10, 2023
8. How much are the Indian IPL teams worth? ?
Let’s look at the Valuation of Cricket Teams in Indian Premier League:
? Mumbai Indians: $1.3 Bn
? Chennai Super Kings: $1.15 Bn
? Kolkata Knight Riders: $1.1 Bn
? Lucknow Super Giants: $1.075 Bn#IPL pic.twitter.com/5TfVLTGkYp— FinMedium.com – Investing Made Easy (@FinMedium) August 5, 2023
9. First tomatoes, now Tur dal ?
?? It's not just tomatoes. Another essential kitchen staple – Tur (Arhar) dal – has been seeing a steady jump in prices in recent months in India.
Read our latest Data Narrative to find out what's been happening to the prices of India's favourite dal: https://t.co/awm7iiaFo3
— Centre for Economic Data and Analysis (@CedaAshoka) August 7, 2023
10. Where are Indian tourists traveling? ???
When it comes to wanderlust, social media feeds don't lie.
Indian tourist arrivals to Vietnam, Maldives, and Turkey have increased sharply since 2019.@nandita_venky pores over data from several countries' tourism ministries: #MintPlainFacts https://t.co/P2TXqAEuRB pic.twitter.com/I6sXijB06u
— Tanay Sukumar (@TanaySukumar) August 2, 2023
11. How good are the Vande Bharat trains? ?
#VandeBharat trains are fast—but also quite expensive if you want a ticket for 2 months ahead.
Avg time saved: ~14%
Avg extra premium paid: ~52%
(relative to the next best train)Today in #MintPlainFacts: https://t.co/SKxpdyGVeY pic.twitter.com/iZWP9h0Qm9
— Tanay Sukumar (@TanaySukumar) July 31, 2023
12. US Treasuries are set for a record inflow year. Investors, drawn by robust yields, are flocking to cash and bonds, notes Bank of America Corp. analysts. ??
US money-market assets have reached a new record of $5.5 trillion. https://t.co/rGFJqriJgc pic.twitter.com/nF3sAOYkCr
— Lisa Abramowicz (@lisaabramowicz1) August 11, 2023
13. Countries buying Russian oil in 2023 ?️
Who’s Still Buying Russian Fossil Fuels in 2023? ??https://t.co/DBE2ToUGRV pic.twitter.com/GMupMPQQSY
— Elements (@VCElements) August 10, 2023
14. India is one of the top countries in terms of steel production, here are others ?
Visualizing the World’s Largest Steel-Producing Countries ?️https://t.co/52RNV3a3mE pic.twitter.com/cEEsPWsk2Q
— Elements (@VCElements) August 9, 2023
15. Analysis from 1926 to 2022 shows that over a long term, a handful of U.S. cos generated the vast chunk of the cumulative wealth in the stock market.
Over the long term, a small percentage of U.S. companies have created most of the aggregate wealth in the stock market@SoberLook @MorganStanley pic.twitter.com/kEOeSsyNa7
— Liz Ann Sonders (@LizAnnSonders) August 7, 2023
16. MF AUM to GDP ratios for the world and some leading countries. India is lower than the global average, indicating the massive opportunity for the MF industry.
Interesting data.
Mutual Fund penetration in India is low as of GDP vs the global average of 70. pic.twitter.com/0tr9wneWtj
— J Satheesh Kannan CFPᶜᵐ (@jrmskannan) July 19, 2023
17. How is Rs 100 spent in urban and rural India ?
G7 cap & Greece
1. Greece falsified data to join Euro
2. It then had a big consumption boom
3. Causing huge current account deficits
4. Greece got a bailout on its debt run-up
5. Greek oligarchs now oppose a lower cap
6. They sell old oil tankers to Putin
7. The EU can stop this pic.twitter.com/zWyJC9fzMu— Robin Brooks (@RobinBrooksIIF) July 31, 2023
18. US retail e-commerce sales could reach $1.720 trillion by 2027, hitting a milestone of > 20% of overall retail sales, according to this forecast.
? US retail ecommerce sales will see increasing growth through 2027
Full analysis here: https://t.co/AtiAogs2Gk pic.twitter.com/mU3mLju6Q3
— Chart of the Day (@ChartoftheDay_) August 9, 2023
19. US 3-Month Treasury Bill yield at 5.57%, the highest since January 2001.
Investors are earning their highest yields on cash since January 2001. 3-Month Treasury Bill @ 5.57%.
Video: https://t.co/vYWa8aGpns pic.twitter.com/gz4J3mpKXq
— Charlie Bilello (@charliebilello) August 9, 2023
20. Buy or rent? Numbers from the US have a clear answer.
Cost to own vs rent has not been this out of whack in most people's lifetimes.
1980 was numerically worse, but it's still crazy how it went from a good time to buy, to a horrible time in 2 years ???
Ht Reventure Consulting YouTube pic.twitter.com/I8iwf1DDvC
— Wall Street Silver (@WallStreetSilv) August 9, 2023
21. The projected trajectory of UK’s real GDP.
The Bank of England released new projections today, and the picture they paint of the UK economy is grim.
By 2026, the country is projected to have fallen more than a decade behind its pre-great recession growth trajectory. pic.twitter.com/QvovLh2bIv
— Steven Rattner (@SteveRattner) August 3, 2023
22. Will ??China get ?? “Japan-ified”?
China's economic slowdown raises 'Japanification' fears
China's economy is showing signs of falling into a similar slump as Japan after the end of its asset-price bubble.https://t.co/ituARZ2HkA pic.twitter.com/SN2PXrdWvx
— Nikkei Asia (@NikkeiAsia) August 7, 2023
23. And here’s a chart on China’s deflation worries ?
China slipped into outright deflation, a worrisome sign for the global economy. The world’s 2nd largest economy is closely tied to global demand. Historically, dips by inflation into negative territory happened only around global recessions (2001, 2008-09 and 2020). pic.twitter.com/d5YIzWj1FY
— Jeffrey Kleintop (@JeffreyKleintop) August 9, 2023
24. Central banks of Latin America begin to cut key rates.
Brazil, LatAm’s largest economy, cut rates today a few days after Chile cut rates.
Brazil began hiking rates in March 2021, one year before the Fed, and ended hikes in August 2022, one year before the Fed.
If the pattern continues, the Fed may begin to cut rates in August 2024. pic.twitter.com/Qdc1rDtGuY— Oliver Renick (@0JRenick) August 10, 2023
25. Easing prices for Fuel oil, gasoline, gas utilities, and used cars causing the decline of US CPI.
US CPI has moved down from a peak of 9.1% in June 2022 to 3.2% today.
What's driving that decline?
Lower rates of inflation in Fuel Oil, Gasoline, Gas Utilities, Used Cars, Medical Care, Electricity, Apparel, New Cars, Food at Home, and Food away from Home.
Shelter and… pic.twitter.com/IR18gpuPtp
— Charlie Bilello (@charliebilello) August 10, 2023
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