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Three Indian firms — Hindustan Unilever, Asian Paints and Bharti Airtel — are among Forbes’ list of the world’s 100 most innovative companies, where Salesforce.com has replaced Tesla Motors on the top position.
While HUL and Asian Paints have moved up in their ranks to seventh and eighth respectively (from 31st and 18th last year), Bharti Airtel has entered the ranking at 78th position.
Tata Consultancy Services (TCS), Sun Pharma and Larsen & Toubro were also on the 2016 list but they failed to make the cut this year, bringing down the total number of Indian firms from five to three.
The annual ‘World’s Most Innovative Companies’ are the ones that investors expect to be innovative now and in the future. Besides, to be included in the list, firms need seven years of public financial data and $ 10 billion in market cap.
India placed at 43rd among 45 nations in global innovation index.
The index by French asset management company Natixis Global, ranks countries on the basis of four factors — the material means to live comfortably in retirement; access to quality financial services to help preserve savings value and maximize income; access to quality health services; and a clean and safe environment.
On all four, India has ranked the lowest. Switzerland, Norway and Iceland top topped the ranking.
The index ranks 43 countries which include International Monetary Fund (IMF) advanced economies, members of the Organization for Economic Co-operation and Development (OECD) and the BRIC countries (Brazil, Russia, India and China).
Reliance Industries Chairman Mukesh Ambani has overtaken Hong Kong business magnate Li Ka-shing to become Asia’s second-richest man.
According to the Bloomberg Billionaires Index, Ambani’s wealth has seen a rise of $12.1 billion with the oil-to telecom conglomerate’s shares seeing a surge with investors rallying behind his decision to launch the cheapest 4G phone, according to a Bloomberg report.
Li Ka-shing is the richest man in Hong Kong with a business empire that ranges from telecommunications to retail and port
India has been ranked 132nd among 152 nations in a new index tracking commitment to reducing income inequality. Sweden led the index while Nigeria remained the worst performer.
The index prepared by Development Finance International, Inc. and Oxfam ranks nations on the basis of their welfare spending, the progressive nature of their tax system and prevailing wage inequality in the labour market.
The report highlights India’s less-than adequate spending on welfare measures on account of its low tax to gross domestic product (GDP) ratio compared to that of some other nations as well as the disparity between wages of men and women for the same work. India collects just 16.7% of GDP as taxes, while South Africa manages to collect over 27%.
Top 5 Best Performers Sweden, Belgium, Denmark, Norway, Germany.
Seven Indian companies have made it to the latest Fortune 500 list of the world’s biggest corporations in terms of revenue, with the retail giant Walmart topping the global rankings
Indian Oil Corporation (IOC) is ranked highest at 161st among Indian firms, while another state-run firm Oil and Natural Gas Corporation (ONGC) has moved out of the rankings for 2016. Private gems and jewellery major Rajesh Exports has made its debut at 423rd position.
Among the seven Indian companies, four are from the public sector while Reliance Industries (RIL) is the top-ranked among private sector firms, followed by Tata Motors and Rajesh Exports.
Among state-run majors, IOC is followed by banking behemoth State Bank of India, Bharat Petroleum and Hindustan Petroleum.
The seven companies and their rankings are;
Tata Motors: 226th ,
Bharat Petroleum: 358th,
Hindustan Petroleum: 367th,
Oil and Natural Gas, Corporation: 426th.
The overall list was topped by Walmart with revenue of $482,130 million, followed by State Grid (revenue of $329,601 million) and China National Petroleum ($299,271 million) at the second and third place respectively.
Raipurs Swami Vivekananda Airport was once again ranked first in Customer Satisfaction among 49 airports in the country.
Raipur Airport achieved 4.84 score on a five point scale index in the latest CSI survey conducted by an independent agency for the period of January-June 2017, followed by Udaipur, Amritsar and Dehradun airports which have scored 4.75, 4.74 and 4.73 respectively.
Airport Authority of India makes continuous efforts to improve the services and passenger facilities at its airports, and this has placed it amongst the best service providers in the world.
Customer Satisfaction is one of the key performance objectives of AAI which is evaluated through Customer Satisfaction Survey conducted by an independent agency commissioned by AAI.
Six Indian hotels have made it to the World’s 100 Best Hotels survey by the Travel + Leisure magazine, with The Oberoi Vanyavilas in Ranthambhore ranking 16th
The Leela Palace in Udaipur was ranked 34th, while Taj Rambagh Palace in Jaipur was ranked 43rd. The list includes The Oberoi Rajvilas, Jaipur, The Oberoi Amarvilas, Agra, and The Oberoi Udaivilas, Udaipur.
India is ranked 116 out of 157 nations on a global index that assesses the performance of countries towards achieving the ambitious sustainable development goals (SDGs)
The SDG Index and Dashboards Report produced by the Sustainable Development Solutions Network (SDSN) and the Bertelsmann Stiftung shows that world leaders need to strengthen their joint efforts to realise the 17 global goals.
Sweden leads the list, followed by Denmark and Finland. Among the G7 countries, only Germany and France can be found among the top ten performers.
The United States ranks 42nd on the Index, while Russia and China rank 62nd and 71st respectively.
India ranked at 23rd rank among 165 nations in cyber security index released by the UN telecommunications agency International Telecommunication Union (ITU). It’s topped by Singapore
The second Global Cybersecurity Index (GCI), released by the UN telecommunications agency International Telecommunication Union (ITU), said only about half of all countries have a cybersecurity strategy or are in the process of developing one and urged more countries to consider national policies to protect against cybercrime.
India is ranked 23rd on the index with a score of 0.683 and has been listed in the “maturing” category, which refers to 77 countries that have developed complex commitments to cybersecurity and engage in cybersecurity programmes and initiatives.
The index has been topped by Singapore with a 0.925 score.
The 2017 Social Progress Index report given by Deloitte : India’s quality of life improved with 93rd rank & Denmark topped the list
The 2017 Social Progress Index report was launched on 21 June by SPI with support from Deloitte and its strategic partners.
It finds that 113 countries, out of the 128 countries ranked, have improved their level of social progress since 2014.
Denmark is the world’s top performer this year (scoring 90.57/100), closely followed by a combination of the remaining Nordic countries, as well as countries much larger in size and more diverse in population, including;
4. The United Kingdom, and
India which is ranked at 93rd position performs within the expected range on a relative basis.
Chrissy Teigen, Donald Trump and the man behind Pepe the Frog top list of the 25 most influential people on the Internet given by Time magazine
Time magazine has released it’s third-annual list of the 25 most influential people on the internet.
Perhaps unsurprisingly, President Donald Trump has made the list, as has John Legend’s Twitter-happy wife Chrissy Teigen and the maker of Pepe the Frog, one of the most widely used memes online.
The people in the list are ;
Matt Furie ,
Katy Perry etc
Centre Launches Index To Rank 116 Cities On Quality Of Life called ‘City Liveability Index’ to measure quality of life and the interventions required to improve it
The Centre today launched a liveability index which will rank the country’s 116 major cities on the basis of the quality of life they offer. Launching the first ‘City Liveability Index’, Urban Development Minister Venkaiah Naidu said, it will cover cities with the population above one million, including the capital cities.
The first-of-its-kind index will enable the cities know where they stand in terms of the quality of life and the interventions required to improve it.
The cities will be assessed on a comprehensive set of 79 paratmeters, including ;
1. availability of roads,
5. employment opportunities,
6. emergency response,
7. grievance redressal,
9. availability of open and green spaces,
10. cultural and
11. entertainment opportunities
UN says world population will reach 9.8 billion in 2050 according to report by the Department of Economic and Social Affairs’ Population Division.
India’s population is expected to surpass China’s in about seven years and Nigeria is projected to overtake the United States and become the third most populous country in the world shortly before 2050, according to a U.N. report.
The report by the Department of Economic and Social Affairs’ Population Division forecasts that the current world population of nearly 7.6 billion will increase to 8.6 billion by 2030, 9.8 billion in 2050 and 11.2 billion in 2100.
The UN agency forecasts that from now through 2050 half the world’s population growth will be concentrated in just 10 countries _ India, Nigeria, Congo, Pakistan, Ethiopia, Tanzania, United States, Uganda and Indonesia.
India ranks 75th on environment impact according to the survey by MoneySuperMarket
India came in 75th in a list of 102 countries ranked from best to last in terms of the human impact on environment per person.
It gauges the impact of citizens on the environment by taking into account the share of ;
1. renewable energy sources in the energy mix,
2. the energy consumption per capita,
3. the carbon dioxide emissions per capita,
4. wastewater treatment capacity,
5. municipal solid waste generated,
6. air pollution and
7. tree cover loss.
The ranking was done by MoneySuperMarket, a UK-based financial services website, gave the most weight to Carbon dioxide emissions, municipal solid waste and energy consumption.
Trinidad and Tobago ranks last because it hardly relies on any green energy sources and
Mozambique tops the list as the most green nation because it uses 100% green energy.
Fortune magazine is out with its annual list of America’s top 500 companies. The list has been a measure of the country’s most valuable businesses since it first came out in 1955. This year, the combined total revenue of all 500 companies reaches $12.1 trillion, 65 percent of the U.S. GDP.
These companies ranked in the top 5 on the Fortune 500 list:
1. Walmart Stores: Revenue (2016): $485.9 billion
2. Berkshire Hathaway: Revenue: $223.6 billion
3. Apple: Revenue: $215.6 billion
4. ExxonMobil: Revenue: $205 billion
5. McKesson: Revenue: $192.5 billion
QS World Universities Ranking 2018: IIT Delhi, IISc Bangalore make it to top 200
The Quacquarelli Symonds (QS) World University Rankings 2018 has been released and giving India a reason to rejoice, the Indian Institute of Technology (IIT)-Bombay, IIT-Delhi and Indian Institute of Science (IISc), Bengaluru, have made it to the top 200 global universities.
This is for the first time that three prestigious Indian institutions have featured in the list of the top 200 universities as per the QS Rankings.
IISc Bangalore has climbed from 190 to 152
IIT Delhi moved from 172 to 185
IIT Bombay jumped from 219 to 179 this year
India slips to 45th spot in IMD’s World Competitiveness list
India has been ranked 45th, down four notches from last year, in terms of competitiveness in the annual rankings compiled by IMD which saw Hong Kong topping the list.
US was “pushed out” of the top three slots while Hong Kong consolidated its dominance of the annual rankings for the second year in the list compiled by the International Institute for Management Development’s (IMD) World Competitiveness Center.
Switzerland and Singapore were ranked second and third respectively, with the US at the fourth spot.
Others in the top 10 list include Ireland at sixth, Denmark seventh, Luxembourg (eighth), Sweden (ninth) and UAE at 10th.
India ranks 154 in global healthcare rankings for 2015, Switzerland tops list
Global healthcare rankings in 195 countries was released and India ranked a lowly 154th on the Healthcare Access and Quality Index, making it among the biggest underachievers in Asia.
Among nations with more than a million souls, top honours for 2015 went to Switzerland, followed by Sweden and Norway,
Iceland (No. 2), Australia (No. 6), Finland (No. 7), the Netherlands (No. 9) and financial and banking centre Luxembourg rounded out the first 10 finishers.
Global Peace Index 2017: World 0.28% more peaceful than last year
Levels of peace around the world have improved slightly for the first time since the Syrian war began, but harmony has decreased in the US and terrorism records have increased, a Sydney-based think-tank has found.
The Institute for Economics and Peace published its Global Peace Index on Thursday for the 11th year running.
Their report found that the world became 0.28% more peaceful over the past year.
India becomes 3rd largest aviation market in domestic traffic
India has become the third largest aviation market in terms of domestic passenger traffic, beating Japan, an industry report has said.
India’s domestic air passenger traffic stood at 100 million in 2016 and was behind only the US (719 million) and China (436 million), Sydney-based aviation think-tank Centre for Asia Pacific Aviation (CAPA) said in its latest report.
Daily Current Affairs for 1 Jun, 17.
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