Data discoveries of the week, presented in charts. This week we look at some fascinating data on the India’s changing demography, GST revenue trends, global inflation, unmet mental health needs, impact investors and more.
- A emerging change in India’s demography ????
According to the 2011 Census, India has 104 million people aged 60 and above, comprising 8.6% of the total population. This demographic is projected to double to 20.8% by 2050.
2/5 pic.twitter.com/y4yhHJ5eYM
— Kuvera (@Kuvera_In) October 13, 2023
2. Global investment in low-carbon energy technology surged to a record level in 2022 but still remains miniscule compared to oil and gas energy ?
According to a recently released report by the IMF, global investments in climate-friendly ? low-carbon tech remain a minuscule proportion of investments in the?️oil and gas industry??#ChartOfTheDay #ClimateChange pic.twitter.com/1f59aOVupR
— Kuvera (@Kuvera_In) October 12, 2023
3. India’s GST revenue growth hit a 27-month low at 10.2% in September, down from the preceding two months’ approximately 10.8%. However, collections saw a 2.3% uptick compared to August, reaching ₹1,62,712 crore.
In September 2023, India's gross GST revenue collection was ₹1,62,712 crore, recording a 10% Y-o-Y growth. This included ₹29,818 crore of CGST; ₹37,657 crore of SGST; ₹83,623 crore of IGST and ₹11,613 crore of cess.
Fun Fact: GST collection crossed ₹1.60 lakh crore mark for… pic.twitter.com/02LoXFsEYR— Kuvera (@Kuvera_In) October 11, 2023
4. Sectors responsible for generating the most number of billionaires.
In 2023, the finance and investment sector has seen a significant influx of new billionaires, with 24 fresh faces.
Here are the other industries producing the most number of #billionaires. pic.twitter.com/eyyUfEV1bT— Kuvera (@Kuvera_In) October 10, 2023
5. State-wise GST collection in India last month. ??
In FY 2023-24, the average monthly gross GST collection is ₹1.65 lakh crore. That's 11% higher than the avg. monthly gross collection for H1 of FY 2022-23.
Fun Fact: Haryana enters the top 5 states in India to collect the highest GST for H1, FY24!
A look at state-wise… pic.twitter.com/h1UKvjy4EM— Kuvera (@Kuvera_In) October 9, 2023
6. What issues are the Indian women MPs focusing on? #womensreservationbill
Female MPs in Indian Parliament
Interesting data from @ShamikaRavi showing female MPs focus on healthcare, education, roads, and micro, small, and MSMEs; whereas male MPs mostly focus on finance, defence, external affairs, PMO etc. pic.twitter.com/BjfAyVpTrI
— Rahul Verma (@rahul_tverma) October 11, 2023
7. Space race: Companies dominating the satellite sphere ??
Which Companies Own the Most Satellites? ?️https://t.co/Ff9RspD37A pic.twitter.com/yDIztIBgsw
— Visual Capitalist (@VisualCap) October 12, 2023
8. Mental health benefits remain the most overlooked workplace need.
What Employees Want vs What Employers Offer ?
Mental health benefits are the biggest unmet desire for employees in the workplace.#MentalHealthAwarenessDay pic.twitter.com/YGtYKt7Psi
— Visual Capitalist (@VisualCap) October 11, 2023
9. Inflation cooling but remains elevated ??
According to its latest World Economic Outlook, the #IMF predicts global #inflation to reach 6.9 percent this year, down from 8.7 percent in 2022. For 2024, the organization expects inflation to decline further to 5.8 percent. pic.twitter.com/pYyATnvHXT
— Statista (@StatistaCharts) October 11, 2023
10. Where does the US retail investor’s interest lie?
Charted: What are Retail Investors Interested in Buying in 2023? ?️https://t.co/DQqR6ehZ4v pic.twitter.com/op0CDPBTa7
— Visual Capitalist (@VisualCap) October 10, 2023
11. Who are the real impact investors?
Impact investments are investments made with the intent of generating benefits for society, alongside a financial return. Defined thus, its been around forever, but impact investing is now a business, with trillions to invest & diverse players. https://t.co/k4TjDOfFY8 pic.twitter.com/lCb6WPy89h
— Aswath Damodaran (@AswathDamodaran) October 12, 2023
12. Real estate investments in India.
#PersonalFinance | #Tax benefit is another reason why people prefer real estate. If you buy a property with a housing loan, you get tax benefit under section 80-C of the Income Tax Act on the principal amount, paid in #EMIs in a financial year. Section 24b allows deduction of… pic.twitter.com/JUmJPxkKvE
— Mint (@livemint) October 13, 2023
13. Latest month on month change in CPI. ?
Capital Outlay for Development is a strong predictor of long term growth. It includes Economic (Agri, Inds, Infra, Sc&tech) & Social Services (edu, health, water, housing, urban, welfare). Data suggest that we should specially worry about Bihar, West Bengal & Punjab.
??avg in red pic.twitter.com/rsqjVQdwJG— Shamika Ravi (@ShamikaRavi) July 6, 2023
14. Claudia Goldin has been awarded the Nobel Prize in economic sciences this year. Here’s a graphic showing her landmark study on female participation in the labour market over a 200 year period.
This year’s economic sciences laureate Claudia Goldin showed that female participation in the labour market did not have an upward trend over a 200 year period, but instead forms a U-shaped curve.
The participation of married women decreased with the transition from an agrarian… pic.twitter.com/PFVNNy5NOw
— The Nobel Prize (@NobelPrize) October 9, 2023
15. What good has globalisation done? The share of workers in extreme poverty went down from 26% to 6% between 2000 and 2022, fastest ever in history. #GlobalEconomy
The share of workers in extreme poverty declined faster than ever before, from 26% to 6% between 2000 and 2022. pic.twitter.com/0y4WIKSHQL
— Johan Norberg (@johanknorberg) October 10, 2023
16. Staying on the above theme, the chart here shows that share of those living on the lowest poverty threshold have significantly reduced. #GlobalEconomy
Yes, that is the traditional definition used by the UN and World Bank, and it correlates well with increased access to mobility, clean water, education etc. But sure, we should look at many different poverty thresholds. pic.twitter.com/wddnWxBWxS
— Johan Norberg (@johanknorberg) October 10, 2023
17. ? Orange juice prices are up 270% since the pandemic hit, as crop diseases and hurricanes struck a blow to supply. Commodity up 300% since 2020.
Big opportunities often exist where nobody is looking
Orange juice is a prime example
This commodity has skyrocketed from $94 to $377 since 2020
That's a 300% + move in less than 4 years pic.twitter.com/PFC8ekIOBJ
— Game of Trades (@GameofTrades_) October 9, 2023
18. Live cattle prices outperforming other asset classes.
Live cattle prices are the latest commodity to outperform just about every other asset class.
Live cattle prices are now up 130% since April 2020 and 20% this year alone.
A portfolio of live cattle, orange juice and sugar is outperforming most hedge funds.
Many basic… pic.twitter.com/VWQJzJlU6a
— The Kobeissi Letter (@KobeissiLetter) October 10, 2023
19. The 100-year Austrian govt. bond is rolling down the slope.
Bond prices are acting like crypto markets
75% crash in the 100-year Austrian government bond in under 3 years
Unreal pic.twitter.com/P85m1DyqdP
— Game of Trades (@GameofTrades_) October 10, 2023
20. US population growth is now almost 0%.
This is shocking:
US population growth is nearing 0%
Current levels have NEVER been seen since 1901
In other words, this is the worst population growth setup seen in over 100 years of history pic.twitter.com/oMjDWRuWrN
— Game of Trades (@GameofTrades_) October 9, 2023
21. U.S. Treasuries are now more volatile than Gold.
For the first time in nearly half a century, U.S. Treasuries are now more volatile than Gold pic.twitter.com/gbQYnt1JI6
— Barchart (@Barchart) October 10, 2023
22. Highly leveraged | South Asian countries had average 86% debt to GDP ration.
#DYK: Government #debt in countries in #SouthAsia averaged 86% of GDP in 2022? This increases risks of defaults, raises borrowing costs, and diverts credit away from the private sector. More in our latest #SouthAsiaDevelopment Update: https://t.co/ZwQQ29EtPv pic.twitter.com/qpG3kNVS84
— World Bank South Asia (@WorldBankSAsia) October 4, 2023
23. Relationship between inflation expectation vs actual inflation ?
How much of inflation is driven by inflation expectations? IMF research shows that a 1 pp increase in *near-term* expectations is associated with a 0.8 pp increase in inflation in advanced economies. Recent decline in expectations is helping. More here: https://t.co/PWyFlYDX3C pic.twitter.com/AsnktKkrRR
— Gita Gopinath (@GitaGopinath) October 4, 2023
24. Almost half of US-listed firms are loss-making. With rising interest rates and lower liquidity, how will they survive?
Almost half of US listed firms have negative profit margins. They have been able to survive in artificially low interest rates and ample liquidity environment. Things have changed though. pic.twitter.com/scXZWqIvzN
— Michael A. Arouet (@MichaelAArouet) October 10, 2023
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