SiN #17 – Rs 67,193 crore(~$9 billion)
That is how much it would cost to vaccinate above the age of 18 in India, according to India Ratings and Research. That amounts to 0.36% of GDP!
The Snippets Journal
Insightful Snippets From The World of Business, Finance and Tech.
The Snippets Journal
Insightful Snippets From The World of Business, Finance and Tech.
Category Economy
SiN #15 – 5,500 Metric Tonnes
In India, before the outbreak in 2020, demand for oxygen was about 700 Metric Tonnes(MT) per day. It spiked to 2,800 MT/day after the outbreak. Currently it is 5,500 MT/day, according to a report by TOI. As against that, India can produce over 7,100 MT/day, of which 6,600…
SiN #14 – $916 Million
That is the compensation sought by the Suez Canal Authority from Ever Green, the company that operated the Ever Given which got stuck sideways in the Suez Canal last month.
SiN #13 – $56 Billion
That, according to research firm Javelin Strategy & Research is the total fraud losses incurred in 2020 compared to $16.9 billion in 2019.
SiN #9 – 42.5%
In the richest city in the world – New York, the top 1% of the richest residents paid $4.9 billion in local income taxes in 2018, forming 42.5% of the total income tax collected by the city.
SiN #10 – $1.05 million
This NFT forming part of the CryptoPunks platform sold for a whopping $1.05 million!
SiN #8 – 6 Billion
That is the number of support messages facilitated by the messaging bot startup Gupshup every month between 100,000+ businesses and 300 million customers. Gupshup is also India’s 10th Unicorn in the first 4 months of 2021!
SiN #6 – 92%
Taiwan is home to 92% of the world’s leading-edge chip manufacturing operations. World’s largest Chip manufacturer TSMC, based in Taiwan, accounted for 54% of total foundry revenue globally last year.
SiN #4 – $500 billion
According to research firm Bloomberg NEF, in 2020, worldwide investments in renewables, electric vehicles and other tech under the category of “energy transition investments” topped $500 billion.
SiN #3 – 7.5%; 13.5%; 14.8%
Stress tests by the Reserve Bank of India shows that Gross NPAs can reach up to 13.5% in September 2021 as compare to 7.5% in September 2020. If the macroeconomic conditions worsen, it may reach upto 14.8%.