SURVEYS - 2019 March

March 1

Scam-hit PNB comes first in executing ‘reforms agenda’
According to BCG-IBA Report on EASE Reforms index released by Union Minister of Finance & Corporate Affairs, Punjab National Bank (PNB). Fraud-hit Punjab National Bank has been ranked first among public sector banks in the implementation of ‘reforms agenda’, followed by Bank of Baroda and State Bank of India, according to a report.
The BCG-IBA report – EASE Reforms for Public Sector Banks – measures the performance of each PSB on 140 objective metrics across six themes, including customer responsiveness, credit off take, and digitalization.
The bank, which was involved in a Rs. 14,356 crore scam by Nirav Modi, swung into the black in the October-December quarter after posting losses in the three previous quarters.

March 2

Moody projected Indian economy growth @ 7.3% for 2019-2020
According to Moody’s quarterly Global Macro Outlook which was released on 1st March, 2019, Indian economy is expected to grow at 7.3% in 2019 and 2020.
Moody's report Key points:
India is less exposed to decline in global manufacturing trade growth than other Asian economies and emerging markets and is balanced to grow at a relatively stable pace in the next two years.
Ending March 2019, Indian economy is estimated to have grown 7%.

March 3

SBI reports frauds worth Rs. 7,951 crore in April-December FY19
State Bank of India (SBI) reported frauds amounting Rs. 7,951 crore during the first nine months of fiscal 2019, mainly due to frauds declared in some large-value accounts.
SBI, the country's largest lender by assets, said all those accounts became non-performing assets "much earlier" and that most of the portfolio was already provided for with full provision.

March 4

Assam’s Hailakandi became the top aspirational district as per NITI Aayog report
According to the Delta ranking report released by NITI Aayog, Assam’s Hailakandi has become the top aspirational district among the 112 aspirational districts of the country.
Hailakandi in Assam has made a giant leap from 52nd position to no. 1 position on the basis of its performance during November - December 2018 and January 2019.
For securing first rank as aspirational district, Hailakandi will be given an allocation of Rs. 10 crore.

March 5

India ranked first in the Confidence Board Global Consumer Confidence Survey which was conducted in collaboration with a global performance management company Nielsen Holdings.
The survey which was conducted over the internet polls more than 32,000 consumers in 64 countries across Asia-Pacific, Europe, Latin America, the Middle East, Africa and North America.
India had a Consumer Confidence Index (CCI) score of 133 in the fourth quarter of 2018 edging past the Philippines (131) and Indonesia (127).
South Korea has the most pessimistic consumer who is worried about rising inflation, lower wage growth, unemployment, a weak stock market and global trade uncertainties in the world. Meanwhile, the Global Consumer Confidence Index increased one point to 107 in the fourth quarter of 2018, the highest in 14 years.
CCI Confidence Board measured optimism towards job prospects, the health of personal finances and spending intentions in the next 12 months for the survey.

A recent report by NGO Greenpeace and IQ Air Visual asserted that seven of the world's top ten cities with the worst air quality in 2018 are in India.
Titled 'IQ Air Visual 2018 World Air Quality Report' the report was a compilation of air quality data from public and private monitoring sources.
Seven of the top 10 most polluted cities in the world are in India. Gurugram (Haryana)led all cities in pollution levels in 2018, even as its score improved from the previous year. The five most polluted cities in the world are Gurugram, Ghaziabad, Faridabad, Bhiwadi (India) and Faisalabad (Pakistan).
22 of the top 30 most polluted cities are in India. Remaining five is in China, two is in Pakistan and one is in Bangladesh.
Beijing, once among the most polluted cities in the world ranked 122nd in the list of the most polluted cities last year based on PM2.5 data.
Faisalabad in Pakistan, Hotan in China and Lahore (Pakistan) were the only three non-Indian cities in the top 10.

March 6

Forbes Billionaire list 2019: Mukesh Ambani 13th richest person in the world with Rs 3.5 lakh crore net worth.
With a net worth of USD 50 billion (over Rs. 3.5 lakh crore), Reliance Industries chairman Mukesh Ambani moved six positions up to rank 13th on Forbes World's Billionaire list and leads 106 billionaires from India on the list.
Wipro Chairman Azim Premji ranked 36th with USD 22.6 billion wealth.
While Amazon founder Jeff Bezos again topped the list as the world’s wealthiest person with a net worth of USD 131 billion.

The National Annual Rural Sanitation Survey, NARSS 2018-19 has found that 96.5 per cent of the households in rural India have access to a toilet.
The survey was conducted by an Independent Verification Agency under the World Bank support project to the Swachh Bharat Mission (Grameen).
The survey also re-confirmed the Open Defecation Free (ODF) status of over 90% of villages which were previously declared and verified as ODF by various districts and States.
The survey was conducted between November 2018 and February 2019 and covered over 92 thousand households in over six thousand villages across States and Union Territories.
Since its launch in October 2014, the world’s largest sanitation program, Swachh Bharat Mission has changed the behavior of crores of people with respect to toilet access and usage.
50 crore people have stopped defecating in the open since the mission began. Over nine crore toilets have been built across rural India under the mission.

March 7

India's February jobless rate climbed to 7.2%: CMIE (Centre for Monitoring Indian Economy) survey.
CMIE employment report: The labour force is down 25.7 million since September 2016 and the number of employed persons has declined by 18.3 million in the same period.
CMIE data says unemployment rate rose to 7.2% in Feb 2019, the highest since Sept 2016, and up from 5.9% in Feb 2018
The number of employed persons in India was estimated at 400 million in Feb compared with 406 million a year ago.

India offers world’s cheapest mobile data packs: UK report
India offers some of the world's cheapest mobile data packs, with the US and UK logging among the highest prices, new research in the UK revealed
Price comparison site found that 1 gigabyte (GB) of data cost $0.26 in India, compared to $6.66 in the UK. The US had one of the most expensive rates, with an average cost of $12.37 for the same amount of data.
The global average came in at $8.53 for 1GB in the study, which compared mobile data pricing in 230 countries around the world.
While India ($0.26) topped the scale of cheap mobile data, Kyrgyzstan ($0.27), Kazakstan ($0.49), Ukraine ($0.51) and Rwanda ($0.56) completed the top five countries offering the cheapest data packs.

March 8

Mumbai world's 16th most costly prime residential market: Knight Frank Report
According to a Knight Frank Report, The capital of Maharashtra is the only Indian city to feature in the global top 20 list of expensive prime residential markets recorded in The Wealth Report 2019.
Delhi (55th) and Bengaluru (56th) did better than Mumbai with a 1.4% and 1.1% price appreciation, respectively.
The Philippines’ capital Manila topped the global list followed by Edinburgh (Scotland) in second position.
Singapore was the only Asian city after Manila to feature in the top-ten list, with a price appreciation of 9.1%.

March 9

Luxury-goods titan Bernard Arnault has eclipsed Berkshire Hathaway chairman Warren Buffett to become the world’s third-richest person on the Bloomberg Billionaires Index
The Frenchman, who added $14.5 billion to his fortune so far this year and is now worth $83.1 billion, edged past Mr Buffett by about $100 million to join the top three for the first time since Bloomberg’s wealth ranking debuted in 2012.
He is the second European to reach this position on the list, first being Amancio Ortega, the owner of Zara.
The richest person in the world is Jeff Bezos with $140 billion and followed by Bill Gates with $98.3 billion.

High Gender Pay Gap observed in India as Women earn 19% less than Men: MSI Survey
As per Monster Salary Index (MSI) Survey, where men earn Rs. 242.49 and women earn Rs 196.3, that is Rs. 46.19 lesser than men.
Semi-skilled work shows no gender pay gap, however, the gap touches 20% for skilled women and 30% for highly skilled occupations.
It increases with experience and is highest at 15% in favour of men for talent with 10 and more years of experience.
This index is complemented with the key findings from the third annual survey titled ‘Women of India Inc’ undertaken by

March 10

Data Usage in India to Grow At 73% CAGR (compound annual growth rate) by 2022
The study titled 'Video on Demand: Entertainment reimagined’, conducted by Assocham-PwC, expects India's data consumption to grow at a compounded annual growth rate (CAGR) of about 72.6% to 10, 96, 58,793 million MB by 2022.
Internet consumption is clearly on the rise in India.
It is expected that Video on Demand (VoD) mark will show a significant development as per the study.
In 2013, the average monthly spend on voice services was Rs. 214 compared to Rs. 173 spend on data which became Rs. 124 on voice and Rs. 225 on data in 2016.
Instead of content creators and packagers, social media and technology platforms emerged as the primary beneficiaries of the increase in user time and spending.

March 11

India now 2nd Largest Arms Importer in the World; Saudi on top: SIPRI Report
India is the second largest importer of weapons in the world, as per the annual report ‘Trends in International Arms Transfers-2018’ released by the think tank Stockholm International Peace Research Institute (SIPRI).
Saudi Arabia is now the world’s largest weapons importer.
After maintaining its position of world’s largest arms importer for about 8 years, India dropped down to be the second largest importer of weapons during 2014-18.
India accounted for 9.5% of the global total imports during 2014-18, while Saudi Arabia accounted for 12% of the total imports during the period and Egypt accounted for 5.1%.

March 12

India, which is the world’s largest consumer of gold, has the 11th largest gold reserve, with the current holding pegged at 607 tonnes, as per the latest report by the World Gold Council (WGC).
The number one slot is occupied by the U.S, which has gold reserves of 8,133.5 tonnes, followed by Germany with 3,369.7 tonnes.
International Monetary Fund (IMF) is positioned at third rank on the list with total gold reserves of 2,814 tonnes followed by Italy and France with reserves of 2,451 tonnes and 2,436 tonnes respectively.
The Reserve Bank of India (RBI), which added 6.5 tonnes of gold to its reserves in January 2019, taking its total holding forming part of its foreign exchange reserves to 607 tonnes, is set to become the 10th largest holder of gold worldwide, displacing the Netherlands.

March 13

India ranks 16th in terms of highest number of impacted species in hotspots.
India was ranked 16th in the world in terms of highest number of impacted species in biodiversity-rich zones (also known as hotspots) due to human actions.
In India, 35 species affected on an average in biodiversity-rich zones.
Malaysia ranks first among countries with highest number of impacted species (on an average 125 species).
Southeast Asian tropical forests - including those in India’s Western Ghats, Himalaya and north-east - are among the ‘hotspots’ of threatened species.

Vienna placed at top position in the Mercer’s Quality of Living Survey 2019
Vienna has been ranked the most liveable city in the world for the 10th year in a row. The Austrian capital topped the new Mercer Quality of Living Survey, whose 2019 ranking was dominated by European cities. Thirteen out of the world’s 20 best places to live are in Europe.
Zurich, Switzerland's biggest city came in second place for overall quality of living, followed by Auckland, Munich and Vancouver in joint third place. The Canadian city has ranked the highest of any North American city over the past decade.
The Economist Intelligence Unit had also given Vienna the top spot in its ranking of the world’s most liveable cities in 2018. Hyderabad and Pune, at a rank of 143, continue to be the most liveable cities in India for expatriates.
About Mercer’s Quality of living Survey:
Mercer's annual index ranks 231 cities around the world on factors including political stability, crime, personal freedoms, healthcare, education, housing, recreation and public transport.

UN released Global Environment Outlook 2019 Report:
United Nation Environment Program (UNEP) has released the sixth edition of the Global Environment Outlook (2019) titled ‘Healthy Planet, Healthy People’.
The report calls on the decision makers to take immediate action to address pressing environmental issues to achieve the Sustainable Development Goals as well as other internationally agreed environment goals, such as the Paris Agreement.
As per the report, a quarter of all premature deaths and diseases worldwide are due to man made pollution and environmental damage. The report notes that as greenhouse gas emissions continue to rise.
It also warns that deadly emissions, chemicals polluting drinking water, and the accelerating destruction of ecosystems crucial to the livelihoods of billions of people are driving a worldwide epidemic that hampers the global economy.
The growing divide between rich and poor as uncontrolled overconsumption, pollution and food waste in the developed world leads to hunger, poverty and disease elsewhere.
The lack of access to clean drinking supplies leads 1.4 million people die each year from preventable diseases such as diarrhea and parasites linked to pathogen-riddled water and poor sanitation

March 14

World Fame 100: Virat Kohli only Indian in top 10, MS Dhoni in 13th spot.
The Portuguese footballer Cristiano Ronaldo at the top spot followed by basketball player LeBron James and FC Barcelona captain Lionel Messi.
Kohli bagged the seventh position and is the only Indian athlete in the top 10, whereas Dhoni is placed in the 13th spot.
All the Indian men mentioned in this list were from the cricketing fraternity, including Yuvraj Singh (18), Suresh Raina (22), R. Ashwin (42), Rohit Sharma (46), Harbhajan Singh (74) and Shikhar Dhawan (94).
There are only 3 women in the list- Serena Williams (17), Maria Sharapova (37) and Sania Mirza (93), making the latter the only Indian woman athlete to feature in the list.
The list was prepared by looking at three aspects, namely- Search Score, Endorsements and Social Following.

March 16

Climate Vulnerability Index Highest For Assam And Mizoram
Indian scientists have developed a common framework for the assessment of climate change vulnerability in all the states in the Himalayan region.
The assessment shows that the vulnerability index is the highest for Assam (0.72) and Mizoram (0.71).
Sikkim is the least vulnerable state with the index being 0.42.
Professor NH Ravindranath from IISc, Bangalore, stated that the framework can be applied to states in the rest of the country as well, with suitable modifications.

Tata, Reliance and Airtel emerge best Indian brands of 2019
According a report published by Interbrand, part of the Omnicom Media, Tata, Reliance and Airtel are the top three Indian brands of 2019.
Tata holding the top position as its brand value grew by 6%, mainly due to Tata Consultancy Services (TCS).
Reliance took the second position as its brand value grew by 12%, mainly due to the success of Jio.
 Following Airtel at number three, HDFC Bank, LIC, State Bank of India, Infosys, Mahindra, ICICI Bank and Godrej rounded off the top 10 list.
 Kishore Biyani-owned Big Bazaar grabbed the 33rd spot with Rs. 26.86 billion, along with supermarket chain DMart at 37 with Rs.20.15 billion.
Along with Big Bazaar and DMart, Nerolac Paints, which came in at 39 with a brand value of Rs.19.19 billion, were the three new entrants in this year’s ranking.
The Interbrand’s annual ranking is based on three key components - financial performance, the brand’s role in influencing customer choice and strength, and the premium price that the brand commands.

March 17

Mukesh Ambani tops list of world's richest sports team owners
Reliance Industries CMD Mukesh Ambani leads Forbes' list of richest sports team owners with a net worth of around $50 billion.
Ambani purchased the IPL team Mumbai Indians through a RIL subsidiary in 2008 for just over $100 million.
Mumbai Indians have won the IPL on three occasions - 2013, 2015 and 2017.
Steve Ballmer (Net worth: $41.2 billion), the American Businessman and Dietrich Mateschitz (Net worth: $18.9 billion) were at 2nd and 3rd positions, respectively.

March 19

Singapore, Paris and Hong Kong shared top spot in World’s Most Expensive Cities Survey
The annual Economist Intelligence Unit (EIU) survey listed Singapore, Paris and Hong Kong as the world’s most expensive cities. In the 30 year long history it is for the first time the three cities are sharing the top spot.
Zurich and Geneva in Switzerland ranked fourth and fifth respectively in the Expensive Cities list while Osaka in Japan ranked 6th position.
 As per EIU, Bengaluru, Chennai and New Delhi ranked 5th, 7th and 8th position respectively among the top ten cheapest cities.
 Caracas in Venezuela topped the cheapest cities in the world list. Damascus in Syria 2nd followed by Tashkent in Uzbekistan and Almaty in Kazakhstan.
The survey will help the companies to calculate cost of living allowances and build compensation packages for business travelers and expatriates.