What is it? The number of terrorists killed in Jammu & Kashmir till June 12 this year, as compared to 54 in corresponding period last year.
Why is it important? This could be due to more locals joining the terrorist groups, and also higher success of counter-terrorism activities underway in the valley.
Tell me more: Today is the first death anniversary of Burhan Wani, a self-styled commander of Hizbul Mujahideen. His death sparked huge protests with 820 incidents of stone-pelting reported in July last year.
Rs 1,680 crore
What is it? The fresh investment by Amazon, the largest online retailer in the world, in its Indian business, Amazon Seller Services.
Why is it important? The investment takes Amazon’s total India capital to over Rs 13,800 crore or over $2 billion since launch in June, 2013. It is not only a part of Amazon’s commitment to spend $5 billion in India, but also makes it the second largest global investor to put money on India’s digital economy. The Japanese SoftBank leads with around $4 billion in various investments.
Tell me more: The last infusion by Amazon was in December, 2016 of Rs 2,010 crore.
Rs 44,800 crore
What is it? The revenue Reliance Industries’ Jio, the telecom venture, needs to earn to break even in earnings with profit before tax (PBT), according to Kotak Institutional Equities.
Why is it important? The requirement, based on FY17 expenditure, debt and asset base, is not much lower than established competition, belying its reported low-cost model. Much larger competition in subscribers and revenues, Bharti Airtel, needs around Rs 49,000 crore while Idea Cellular needs Rs 37,000 crore, based on FY17 spending and regulatory fees.
Tell me more: The revenue required to break even at the Ebitda level is, however, lower than competition. While Bharti Airtel needs around Rs 31,000 crore and Idea Cellular Rs 24,000 crore to break even at the Ebitda level, Jio needs Rs 22,400 crore.
Rs 43,000 crore
What is it? The total revenue earned by the Indian Railways in April-June, this year.
Why is it important? This is 11% higher when compared to corresponding revenue numbers last year. Both passenger and freight earnings increased. While passenger earnings rose from Rs 12,000 crore to Rs 14,000 crore in this period due to the dynamic pricing in premium trains, freight income rose from Rs 25,000 crore to Rs 28,000 crore.
Tell me more: The IR has set Rs 1.89 lakh-crore as its FY18 revenue target..
What is it? June’s Nikkei India Services Purchasing Managers’ Index, a private survey.
Why is it important? Unlike the manufacturing index, services sectors fared better as the index rose to an eight-month high. New business, recruiting and higher selling prices led to the uplift.
Tell me more: The index rose from 52.2 in May. A value of 50 and above means expansion signalling an increase in services activity.