SURVEYS - 2017 June

June 2

India has 31 per cent of world's poor kids: report.
About 31 per cent of the world's ''multidimensionally poor'' children live in India, according to a new report by the Oxford Poverty and Human Development Initiative (OPHI), a poverty reduction project grounded in economist Amartya Sen's 'capability approach'.
In terms of countries, fully 31 per cent of the 689 million poor children live in India, followed by Nigeria (8 per cent), Ethiopia (7 per cent) and Pakistan (6 per cent), noted the survey, titled 'Global Multidimensional Poverty Index [MPI], 2017'. OPHI is an economic research centre at the Oxford University, led by Professor Sabina Alkire, and the study is based on a survey conducted among 103 countries.
A ''multidimensionally poor'' child is one who lacks at least one-third of ten indicators, grouped into three dimensions of poverty: health, education and standard of living. The health dimension comprises indicators such as nutrition, child mortality, and education. Under standard of living are indicators such as access to cooking fuel, improved sanitation, safe drinking water, electricity, flooring, and asset ownership.

June 3

India Ranked 137th in the Global Peace Index 2017.
India has ranked 137th out of 163 countries on the 2017 Global Peace Index (GPI), published by The Institute of Economics and Peace (IEP). This is the eleventh edition of the Global Peace Index (GPI). The index is compiled every year by the Sydney-based think tank Institute for Economics and Peace.
The index is topped by Iceland, followed by New Zealand, Portugal, Austria and Denmark, whereas Syria remains the least peaceful country in the world, followed by Afghanistan, Iraq, South Sudan, and Yemen.
The 2017 GPI provides a comprehensive analysis on the state of peace. It shows that amidst continuing social and political turmoil, the world continues to spend enormous resources on creating and containing violence but very little on peace.

June 6

India overtakes China to top global retail index: GRDI.
India jumped 13 positions from last year to rank second among 30 developing countries this year on ease of doing business, according to a study topped by China.
According to 2016 Global Retail Development Index (GRDI), which ranks top 30 developing countries for retail investment worldwide, a pickup in GDP growth and better clarity regarding FDI regulations have helped India achieve a second ranking.
India's strong ranking reflects foreigner retailers' increased optimism in its retail market and its vast growth potential.
India has relaxed several key Foreign Direct Investment (FDI) regulations in single-brand retail and this has paved the way for multinational firms to enter the market.

June 7

Digital India takes hit as India ranks 74 in internet data speed, below Pakistan, Sri Lanka.
There was a lot hullabaloos around 4G internet and high-speed data after the launch of Reliance Jio, but country's average download speed – at 5.1 Mbps – is less than a third of the global average and only marginally higher than the global 3G speed of 4.4 Mbps.
India's ranking in terms of data speed also dropped to 74th , below Pakistan and Sri Lanka, as download speed dropped more than one megabit per second in the last six months as traffic has surged post Reliance Jio launch. With a significant decline in internet data speed, government Digital India initiative took a back seat.
According to a report by Open Signal, a London-headquartered company that specializes in wireless coverage mapping, users faced problem in relation to data speed following a surge of wireless broadband services.

June 8

IIT Delhi replaces IISc Bangalore as highest-ranked Indian institute in QS world university rankings.
The Indian Institute of Technology-Delhi has replaced Indian Institute of Science, Bangalore, for the first time as the highest-ranked Indian university in Quacquarelli Symonds World University Rankings 2018. Also, this is the first time in 14 years India has three institutes in the top 200 list, with IIT-Bombay being the new entrant.
Quacquarelli Symonds World University Rankings 2018 upgraded the Delhi institute's rankings from 172nd position to 159, while IISc dropped from 152 to 190. IIT-Bombay raised 40 spots to enter the top-200 club. The Bengaluru institute has dropped in its rankings for the second year in a row.
The Massachusetts Institute of Technology topped the list for the sixth consecutive year, followed by Stanford University and Harvard University, which have retained their positions for two years. The United Kingdom-based ranking agency ranked the California Institute of Technology and University of Cambridge in fourth and fifth position.

June 9

Tesla Motors, 19 Other Companies Join Fortune 500 For First Time.
Tesla joins other 19 companies to be in Fortune magazine's annual list of America's top 500 companies for the first time. Of these 20 new companies, six were the result of recent splits or spinoffs, while three were founded more than 100 years ago. Two others were created just last year.
Elon Musk's electric car startup finally made to the list with a rank of 383 after growing sales by 73 per cent last year. Tesla is worth more than both General Motors and Ford in stock market value, but it still makes far less in sales than the traditional automakers.
Hewlett Packard Enterprise, the data center and cloud services business split from Hewlett-Packard, was ranked at 59, while Alcoa, which produces aluminum since 1888, reached at 300. Alcoa's core smelting and aluminum refining business was spun off last year from the parent company, now called Arconic.
Walmart tops the Fortune 500 list, which has been a measure of the country's most valuable businesses since it first came out in 1955. The retail behemoth has been holding the spot for five years in a row. Berkshire Hathaway comes in the second spot, and Apple is in third.

June 11

India ranks 89th in average connection speed.
Akamai Technologies, leading global cloud-delivery platform, has released this year's first quarter State of the Internet Report, which gives an insight into aspects like connection speeds and broadband adoption metrics.
According to the report, India ranked 89th globally, with an average connection speed (IPv4) of 6.5 Mbps, marking an 87 per cent year-on-year change.
South Korea had the highest average connection speed at 28.6 Mbps; and Singapore had the highest peak connection speed at 184.5 Mbps. The global average connection speed was 7.2 Mbps, an increase of 15 per cent year-over-year.
For mobiles, the average mobile connection speeds ranged from a high of 26 Mbps in the United Kingdom to a low of 2.8 Mbps in Venezuela.

June 12

Uttar Pradesh tops the list with maximum child labor in the state– CRY report.
According to the Child Rights and You (CRY) report, over 8 lakh children in India between the age group 5 and 6 years are engaged in child labor. A large percentage, over 5 lakh of these children do not attend school. The majority of these kids are engaged in family-based employments.
Uttar Pradesh has the highest number of 2,50,672 children engaged in labor, followed by Bihar with 1,28,087 children and Maharashtra where the number stands at 82,847.
The report has outlined that reach of Integrated Child Development Services (ICDS), which was introduced with the intent of providing a strong base to these children, is quite limited as it covers only 50 per cent of this population.

June 13

Google ranked as the world’s most valuable brand in 2017.
Tech giant Google has topped the 2017 BrandZ Top 100 Most Valuable Global Brands list with a brand value of over $245 billion.
United States tech giants Apple, Microsoft, and Facebook were also among the five most valuable brands. Netflix, Snapchat, and YouTube all made the top 100 for the first time this year.
Amazon rose three places after achieving the highest dollar value growth, increasing by $40.3 billion to $139.3 billion.

June 14

India 60th most innovative globally, China at 22nd: Report.
India has moved up six places to 60th among 130 nations on the Global Innovation Index (GII) 2017, emerging as the top ranked economy in Central and South Asia.
The improvement in India's rankings comes after five continuous years of slide even as Switzerland, Sweden, the Netherlands, the United States and United Kingdom retained their top spots as the most-innovative countries.
The index, co-authored by Cornell University, INSEAD and World Intellectual Property Organization shows India's rise as an emerging innovation centre in Asia, although the country ranks far behind China which occupied the 22nd spot.