SiN #91 – $605,008,000,000
That is the size of Foreign Exchange Reserves India has as of June 2021. It is just enough to cover less than 15 months imports. On the other hand, China has the world’s biggest ForEx reserves at $3.22 Trillion, which…
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 Miscellaneous
SiN #90 – 14.7%
That is the share of China in the Global Export Market in 2020 according to UNCTAD. It is followed by the US at 8.1%. Forty years ago, China’s share was less than 1% whereas USA held close to 10%!
SiN #89 – 82
That is the number of cars sold by the luxury supercar maker Bugatti in 2020 according to Bloomberg, which also says that its parent company Volkswagen AG is considering selling Bugatti to Croatian Electric Supercar Maker Rimac Automobili.
SiN #88 – $427,000,000,000
That, according to a report by the Tax Justice Network, is how much tax revenue, governments and countries, all over the world, are losing to tax havens.
SiN #86 – $26,200,000,000,000
That is the Market Capitalization(total value of all shares traded) of New York Stock Exchange(NYSE) in 2020 – the highest in the world. It is followed by NASDAQ at $19.2 Trillion. The stock Exchanges of India – Bombay Stock Exchange…
SiN #85 – $1,300,000
That is how much a parking lot in Hong Kong was sold for in the first week of June according to The Japan Times. The price(10.2 million Hong Kong dollars) beat the previous record of HK$7.6 million for a spot…
SiN #84 – 7 Minutes
That, according to the market research firm Nielson, is the average time that a viewer takes to decide what to watch. According to the same survey, just one third of the sample selected, bothered to check the menu.
SiN #83 – $643,000,000,000
That, according to an independent study commissioned by Apple, is the total amount of money that app developers in its App Store made during 2020, a 24% rise over 2019. That includes the sale of digital goods and services, for…
SiN #81 – 278,491
That is the number of Indians working in the US under H-1B visas, the highest for any country. It is followed by China in the second position at just 50,609 and Canada at 4,615. H-1B visas allow specialized foreign workers…
SiN #80 – $17.5 Billion
That is the revenue generated through the sale of cannabis in the US in 2020, a 46% increase over sales in 2019. “For many Americans, stocking up on marijuana was as essential as stocking up on toilet paper. And the…