Record-breaking women’s cricket

1.54

What is it? The consumer price index for June, 2017 – the lowest in five years.

Why is it important? The inflation is much lower than central bank’s target of 4%. The government is urging the central bank to cut key interest rates to boost the economy. Index of industrial production expanded at a slower rate of 1.7% in May, as compared to 3.1% in the previous month.

Tell me more: Retail inflation was low mainly due to falling falling food prices, as consumer food price index was -2.12 in June, 2017.

 

 

6,028

What is it? The total number of runs scored by Indian cricketer Mithali Raj.

Why is it important? She is the first player to cross 6,000 runs in women’s one day internationals (ODIs). With an average of 51.8 runs per innings, Raj is one among the five women players who have an average of 50 and above.

Tell me more: Raj’s teammate, Jhulan Goswami, is the world’s highest wicket taker in ODIs.

 

 

17,771

What is it? The number of dengue cases in government hospitals and dispensaries in Mumbai in 2016-17, according to NGO Praja Foundation.

Why is it important? The number cases has jumped by over 265% since 2012-13 (4,867). It is a 16.6% rise over last year’s count at 15,244 dengue cases, despite Mumbai having health budget of Rs 3,312 crores for 2017-18.

Tell me more: The incidence of malaria, another mosquito-borne disease, seems to have gone down from 21,939 cases in 2012-13 to 11,607 in 2016-17 (14,631 in 2015-16).

 

 

Rs 900 crore

What is it? The investment by US retail chain, Walmart, in Maharashtra to open 15 modern cash and carry wholesale stores.

Why is it important? After the break-up with Bharti Enterprises in 2013, Walmart has been slow to expand, restarting in 2015. The new slew of stores would be in addition to the 21 stores Walmart operates out of India.

Tell me more: FDI rules do not allow international retail brands to serve end-customers through single-brand retail, except in the cash and carry wholesale format.

 

 

25.1 million tonne

What is it? The sugar output forecast by the Indian Sugar Mills Association for 2017-18.

Why is it important? The estimate is higher than last year’s 20.3 million sugar produced, a seven-year low. Above-average monsoon rainfall and its timely arrival have encouraged sugarcane farmers to plant more crops.

Tell me more: The three major sugar producers — Uttar Pradesh, Maharashtra and Karnataka — are expected to yield over 19.8 million tonne (over 78%) of the estimated sugar output.

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News in Numbers, Oct 12, 2016: The problem of too much, too little…

15.2%

What is it? The percentage of undernourished people in India between 2014-16, according to the Global Hunger Index 2016.

Why is it important? This ranks India 97th among 118 developing nations, which is worse than all South Asian countries other than Pakistan. It ranked 80th out of 104 countries last year. If hunger declines at the current rates, 45 countries including India would have ‘moderate’ to ‘alarming’ hunger levels in 2030, which means the United Nations Sustainable Development Goal of ending hunger by then is unlikely to be achieved.

Tell me more: Approximately, two out of every five children below the age of five years are stunted in India while 15.1% of them arewasted (mostly, indicates severe weight loss associated with acute starvation/disease).

 

163 million tonnes

What is it? India’s estimated coal deficit by 2020, down from 191 million tonnes in 2016, according to a report.

Why is it important? India is likely to miss its goal of achieving coal self-sufficiency by 2020 due to delays in opening up of commercial mining to the private sector and giving approvals to state miners, per the report. Coal accounts for 61% of electricity generation capacity in the country and India is looking to reduce its imports by boosting domestic output. However, the government is worried about the how it would sell the surplus coal.

Tell me more: India is looking at 1.5 billion tonnes of coal production by 2020, of which over two-thirds would come from Coal India. India is set to surpass US as the world’s second biggest coal producer after China in four years where its share of world output would increase to 12.7% in 2020 from 9.8% in 2016.

 

$17 billion

What is it? The estimated value of lost sales from Galaxy Note 7 for Samsung Electronics, according to analysts.

Why is it important? This is after the company announced that it is halting production and sales of its flagship Galaxy Note 7 on Tuesday. The amount is calculated based on the lost sales of up to 19 million phones. This is more than triple the amount of $5 billion analysts expected Samsung to report in missed sales and recall costs, assuming that the company would recommence global sales of the product in the fourth quarter. Though the company would probably be able to absorb these costs as it has a market value of $235 billion and $69 billion in cash, it remains to be seen how this affects its brand value and the sales of its other smartphone models.

Tell me more: The product was launched on August 2 in New York and complaints of overhearing started emerging followed by reports of the devices catching fire. In September, Samsung recalled 2.5 million of Note 7s.

 

135 million tonnes

What is it? The estimated farm output in kharif crops this year, according to the Ministry of Agriculture.

Why is it important? It’s 9% higher than last year, and comes on the back of good monsoon during the season. It will raise farm income, which drives a range of consumer products in India from white goodsto automobiles. This follows two years of drought.

Tell me more: This season saw the rainfall well distributed across the country, India Meteorological Department said. This season saw farmers increasing area under cultivation – 4.4% higher than five year average for crops in general, and 37% higher for pulses.

 

1.5 million

What is it? The number of people killed by animals in 2015.

Why is it important? Mosquitoes accounted for over 54% of all deaths, with malaria-carrying insects killing a child every minute. Prevention and control measures can bring down the deaths. There has been a 60% reduction in mortality rates since 2000. There are 12,000 cases of Dengue and Chikungunya, both mosquito-borne diseases caused by the same Aedes aegypti mosquitoes that spread Zika, in India by last count.

Tell me more: After mosquitoes, the second biggest cause are human beings themselves. Humans accounted for 37.73% or 580,000 deaths in 2015. War claimed about 172,000 lives.

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A new airport ✈

News in Numbers – September 16

chandigarh-172617_1280

22

What is it? The number of international airports in India, following the addition of Chandigarh to this list yesterday.

Why is it important? India is one of the fastest-growing markets in world aviation. The creation of new airport pairs, as is expected to happen with the Chandigarh airport in the international segment over time, is a big lever of passenger growth.

Tell me more: In 2013-14, the Chandigarh airport serviced 9,690 domestic flights and 10.50 lakh passengers. In terms of flights serviced, it was the sixth busiest in North India, after New Delhi Jaipur, Lucknow, Srinagar and Amritsar.

 

$ 21.51 billion

What is it? India’s exports in August, down 0.3% from August 2015. Imports declined by 14%, helping India to narrow the trade deficit.

Why is it important? The headline number masks the relatively better performance of the top 5 export groups, barring petroleum products. Non-petroleum exports increased by 1.79% in August 2016.

Tell me more: Imports declined sharply because of 78% dip in gold imports, partly aided by sharp dip in gold prices. Non-oil and non-gold imports- a proxy economic indicator – declined by 1.52%.

 

-3.4%

What is it? The drop in share price of Reliance Communications yesterday, a day after it announced the merger of its mobile wireless business with a smaller company, Aircel.

Why is it important? Along with sharing additional details on the merger, Reliance yesterday said it planned to raise $1 billion from outside investors. Meanwhile, rating agency Moody’s placed the company’s credit rating under “review for downgrade”.

Tell me more: Over much of its listing, the Reliance Communications stock has been a value destroyer: overall, it has depreciated 84% since debuting in March 2006.

 

22 million tonne

What is it? The expected production of pulses this year, up 33% from last year.

Why is it important? Pulses shortage and the resultant rise in prices have been among the biggest concerns of the government and policy makers over the last few months. The government has more than doubled its buffer stock of pulses, and warned that it would invoke essential commodities act to impose price control. Higher production would alleviate those concerns.

Tell me more: The rise in pulses production (and food grains in general) is expected on the back of normal monsoon this season, coming after two years of drought. The area under food grain cultivation has gone up by 5.3 million hectare.

 

30

What is it? The number of lives lost to Dengue and  Chikungunya in Delhi this year

Why is it important? Over 2800 people have been affected by these two diseases in the capital alone, raising questions about government’s ability to manage public health.   Across the country, the number of cases has crossed 12,000. Both viral diseases cause fatigue, fever and body pain, and can last a couple of weeks. Complications can lead to death.

Tell me more:  Both diseases have been causing concern to public health officials across the world. There is no specific treatment for either, and vaccines have caused their own problems. According to WHO, there are 390 million dengue infections per year, and the year 2016 saw five fold increase in reported Chikungunya cases

 

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News in Numbers, Aug 17, 2016: Hike becomes a unicorn, dengue cases on the rise in Delhi…

$175 million

What is it? The amount Indian messaging startup Hike Messenger has raised from a group of investors led by Chinese Internet firm Tencent Holdings and Taiwan-based Foxconn Technology Groupat a valuation of $1.4 billion.

Why is it important? This is Hike Messenger’s fourth and its biggest round of funding and with this, the startup has now entered the unicorn club. This would help the startup invest in services and make the product better even as it tries to catch up with the most popular or dominant messaging platform Whatsapp in India. Hike has over 100 million users, of which 95% are Indians while Whatsapp hit the 1 billion-mark globally in Feb this year.

Tell me more: Hike was launched by Kavin Bharti Mittal, son of Sunil Mittal who is the chairman of Bharti Enterprises, in December 2012. It has raised over $250 million so far.

 

3.55%

What is it? The increase in India’s wholesale price inflation in July, up from 1.62% in June.

Why is it important? This was the fastest in nearly two years (23 months) and was due to increase in inflation of both food and non-food articles. While the former increased by 9.38% last month (compared to 8.18% in June) the latter quickened to 9.49% in July (from 5.72% in June). Cereals, pulses, vegetables and fruits were the main reasons for the increase in food inflation while fibers and oil seeds pushed up non-food inflation.

Tell me more: In the last one year or so, the gap between wholesale price index-based inflation (WPI-based) and consumer price index-based inflation (CPI-based) has narrowed: last month, CPI-based inflation accelerated to 6.07%, again the highest in 23 months.

 

194

What is it? The number of companies that have been asked by Bombay Stock Exchange to delist. They have been suspended from trading for the last 13 years.  

Why is it important? This will help public shareholders. The promoters of the delisted firms have to purchase shares from the public shareholders at a fair price arrived at by an independent valuer (who is appointed by the exchange). The markets regulator is taking steps to bring down the number of listed companies to reduce the risk of price manipulation through such firms and improve the governance of public markets.

Tell me more: The Securities and Exchange Board of India (SEBI) would reportedly attach the assets and properties of companies that fail to comply with the delisting notices. In June, it was reported that the BSE was finding it difficult to follow SEBI’s order of delisting firms that have been suspended from trading for more than seven years as half of the 509 letters sent by the exchange bounced back, indicating that the promoters are not traceable.

 

277

What is it? The number of dengue cases reported between June and August in Delhi.

Why is it important? With nearly 40% of the cases having been reported in the first two weeks of this month, the numbers suggest that the number of cases are displaying an increasing trend. A total of six cases were reported in May, 15 in June and 91 in July. Delhi reported 15,867 cases last year, the worst in 20 years and 60 lives were lost to the vector-borne disease.

Tell me more: As of June 28, India recorded 8,307 cases and at least 10 deaths from/due to dengue. According to one estimate, dengue costs India over $1.1 billion per year.

 

39

What is it? The number of airports in India that are not under the cover of the Central Industrial Security Force (CISF).

Why is it important? Soon, all 98 functional civil airports in the country would be brought under the security cover of the CISF, according to a decision taken at a meeting attended by ministers and officials of the Home and Civil Aviation Ministries. The Intelligence Bureau warned on Tuesday that none of the Indian airports are safe and do not have the capabilities to withstand an attack similar to that in Brussels that took place in March killing 32 people and injuring over 300.

Tell me more: The Home Ministry has ordered a security audit of all the airports and the probe committee is expected to submit its report in 20 days. The central government would then work with state governments to plug the loopholes at all airports.

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