money - kinda common version

₹ 

Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each. --Christopher Rice

I will tell you the secret to getting rich on Wall Street. You try to be greedy when others are fearful. And you try to be fearful when others are greedy. --Warren Buffett

Many people take no care of their money till they come nearly to the end of it, and others do just the same with their time. --Johann Wolfgang von Goethe

Formal education will make you a living; self-education will make you a fortune. --Jim Rohn

It’s not the employer who pays the wages. Employers only handle the money. It’s the customer who pays the wages. --Henry Ford

He who loses money, loses much; He who loses a friend, loses much more; He who loses faith, loses all. --Eleanor Roosevelt

Happiness is not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort. --Franklin D. Roosevelt

You can only become truly accomplished at something you love. Don’t make money your goal. Instead, pursue the things you love doing, and then do them so well that people can’t take their eyes off you. --Maya Angelou

The easy way: Study hard -> Go to reputed college -> up-skill -> fetch a high-paying job

[Low risk - Fixed returns]

The hard way: Dream -> find a problem -> device a solution -> build a team -> enhance solution -> device a market strategy -> sell solution -> complete your Dream

[High risk - Variable returns]

Employee -> Self-employed -> Business -> Investor

Global GDP > Markets > Countries

quadrillion - 15 zeroes

trillion - 12 zeroes

billion - 9 zeroes

अरब = billion

खरब = hundred billion

crore = (x10) million (i.e. multiply the digit by 10 and suffix million)

hazar lakh crore = quadrillion - Public debt of US/China; GDP of the US and China; overall US market-cap  

das lakh crore    = ten-trillion - GDP of Japan, Germany, India etc;   

lakh crore          = trillion - 

hazar crore        = ten billion - Public debt of US/China; GDP of the US and China; overall US market-cap  

arab = 9 zeroes (x,00,00,00,000) - hundred/hazar crores - billion

crore = 7 zeroes (x,00,00,000)

lakh = 5 zeroes (x,00,000)

100Q    = 100,000L Cr (1 lakh lakh crore)           --> $1200T (or $1.2Q)

100k L crore = ₹100,000,00,000,00,00,000 (17 zeroes) = hundred-quadrillion = 1 शंख / 100 पद्म

10k L crore   = ₹10,000,00,000,00,00,000   (16 zeroes) = ten-quadrillion         = 10 पद्म / 1000 नील

1k L crore     = ₹1000,00,000,00,00,000      (15 zeroes) = quadrillion                = 1 पद्म / 100 नील

10Q      = 10,000L Cr (10 thousand lakh crore)   --> $120T

5Q        =  5000L Cr (5000 lakh crore)                 --> $60T

3Q        =  3000L Cr (3000 lakh crore)                 --> $35T 

1Q        =  1000L Cr (1000 lakh crore)                 --> $12T

100L crore  = ₹100,00,000,00,00,000 (14 zeroes) = hundred-trillion = 1000 खरब/10 नील

10L crore    = ₹10,00,000,00,00,000   (13 zeroes) = ten-trillion         = 100 खरब/1 नील

1L crore      = ₹1,00,000,00,00,000     (12 zeroes) = trillion               = 10 खरब

or

100L crore  = ₹100,00,000,00,00,000 (14 zeroes) = hundred-thousand billion   = 1000 खरब/10 नील

10L crore    = ₹10,00,000,00,00,000   (13 zeroes) = ten-thousand billion           = 100 खरब/1 नील

1L crore      = ₹1,00,000,00,00,000     (12 zeroes) = thousand billion                 = 10 खरब

100T     =  100L Cr (100 lakh crore)           --> $1.2T

20T       =  20L Cr (20 lakh crore)               --> $240B

10T       =  10L Cr (10 lakh crore)               --> $120B 

1T         =  1L Cr (1 lakh crore)                   --> $12B

10k crore = ₹10,000,00,00,000 (11 zeroes) = ten-thousand cr  = hundred billion = 1 खरब/100 अरब 

1k crore   = ₹1,000,00,00,000   (10 zeroes) = thousand crores = ten billion          = 10 अरब 

100 crore = ₹100,00,00,000      (9 zeroes)   = hundred crores  = billion                = 1 अरब 

10,000 Cr (10 thousand crore)   = 100B  =  $1.2B (unicorn start-up)  [100 billion = 10,000 crores]

1000Cr (1000 crore)                  = 10B     =  $120M

100Cr (100 crore)                      = 1B       =  $12M

10 crore = ₹10,00,00,000 (8 zeroes)  = 10 khokha / 10 कोटि 

1 crore   = ₹1,00,00,000   (7 zeroes)  = 1 khokha / 1 कोटि 

10 lakh  = ₹10,00,000      (6 zeroes)  = 10 peti

10Cr (10 crore) = 100M    =  $1.2M

1Cr (1 crore)     = 10M      =  $120k

10L (10 lakh)    = 1M        =  $12k

37,469.74 crores USD 

USD-INR exchange rate = ₹84/$

GDP (nominal) is used

US Global Stocks Markets worth

$3.5T - Apple ~ HK, UK / France, Canada

$3.0T - Microsoft, NVIDIA ~ Canada / Taiwan, Germany

$2.0T - Alphabet ~ Germany / Switzerland

$1.9T - Amazon ~ Switzerland / S. Korea, Australia

$1.2T - Meta ~ Australia / Netherlands, Sweden

$0.9T - Berkshire Hathaway ~ Sweden / Italy, Spain

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USD - trillions

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[$1200 trillion - 10,000 lakh crore = 10 पद्म / 1000 नील ]

[$108 trillion - 9000 lakh crore]

$315 trillion - global debt

$227 trillion - est net wealth in North America (highest) by FY28 - BCG

$209 trillion - est net wealth in Asia-Pacific (second-highest) by FY28 - BCG

$169 trillion - net wealth in North America (highest) in FY23, growing at 6% CAGR - BCG

$158 trillion - net wealth in Asia-Pacific (second-highest) in FY23, growing at 6% CAGR - BCG 

$121 trillion - est net wealth in Western Europe by FY28 - BCG

$109 trillion - Global Stock Market combined worth

$103 trillion - net wealth in Western Europe (third-highest) in FY23, growing slowest at 2% CAGR - BCG 

$105 trillion - combined GDP of the world.

$55 trillion - Low inflation and currency can amplify GDP to $55 trillion by 2047: Krishnamurthy Subramanian

$45 trillion - the total (USA) housing market is worth about $45 trillion.

$40.3 trillion - overall U.S. market capitalization.

[$36 trillion - 3000 lakh crore]

$35 trillion (₹3000 lakh crore) - National debt of the United States (Feb 2024)

$35 trillion - India's 2047 goal of $35T economy. (2024)

$31 trillion - est net wealth in Mid East and Africa by FY28 - BCG

$27 trillion - GDP of USA (per capita income = $80k/annum)

$26 trillion - est net wealth in LATAM by FY28 - BCG

$25.5 trillion - market cap of NYSE, the largest stock exchange in the world by market capitalization. (Feb 2024)

[$24 trillion - 2000 lakh crore]

$23.4 trillion - market cap of NASDAQ Composite (Feb'24)

$21 trillion - global military spending during the 3-decade Cold War between 1960 and 1990 alone. 

$19 trillion - GDP of China (per capita income = $14k/annum)

$19 trillion - net wealth in Middle East and Africa in FY23, growing fastest at 8% CAGR - BCG 

$17 trillion - market cap of NASDAQ-100 (2024)

$17 trillion - net wealth in LATAM in FY23, growing fastest at 8% CAGR - BCG 

$15 trillion - est net wealth in Eastern Europe & Central Asia by FY28 - BCG

$14 trillion - Public debt of the China (2023)

$13.5 billion - Australia approves a $13.5 billion project exporting 6 gigawatts of solar energy to Singapore. The power will be shipped from a giant solar farm in Australia’s north via a 4,300-kilometre undersea cable and the project will extend into the 2030s. (Aug'24)

$12.3 trillion - Total foreign exchanges reserves with IMF (as of Q12024). Currency Composition of Official Foreign Exchange Reserve (COFER)

$11 trillion - estimated Chinese local government debt (incl off balance sheet).

$11 trillion - net wealth in Eastern Europe & Central Asia in FY23, growing at 4% CAGR - BCG

$10 trillion - Nvidia, a company which is headquartered in California has the potential to become a $10 trillion company by 2030, according to one Wall Street Journal.

$10 trillion - BlackRock assets hit record $10.6 trillion high on ETF flows, bull market

$10 trillion - Gen Z has a unique advantage: time. They have the opportunity to invest in India's journey towards becoming a $10 trillion economy and beyond (Aug'24)

$10 trillion - NSE, BSE Mcap To Cross $ 10 Tn By 2030: Experts (May'24)

[$12 trillion - 1000 lakh crore]

[$4.8 trillion - 400 lakh crore]

$8 trillion - India set to become $8 trillion economy by 2034 - in next 10 years (Aug'24) 

$7 trillion - India to see retail digital payments to double to $7 tn by 2030

$5 trillion - India as world's third largest economy by FY28 and have a GDP > $5T - FM (Jan'24)

$5 trillion - India's market-cap crosses $5-trillion milestone (May'24)

$5 trillion (₹416.57 L cr) Market Cap of NSE-listed companies surges to $5 trillion from $4 trillion in just 6 months | Stock Market News (May'24)

$4.4 trillion - GDP of Japan (per capita income = $35k/annum)

$4.3 trillion - GDP of Germany (per capita income = $52k/annum)

$4.0 trillion (₹335 lakh crore) - GDP of India (per capita income = $2.7k/annum).

$3.7 trillion - 2022 TEV for China, the largest exporter of goods in the world (since 2009).

[$3.6 trillion - 300 lakh crore]

$3.4 trillion - 2022 TIV, the U.S. is the largest importer globally, inc 15% annually. 

$3.4 trillion - market cap of Microsoft Corp (Jul 2024)

$3.4 trillion - market cap of Apple Inc (Jul 2024)
$3.2 trillion - GDP of UK (per capita income = $46k/annum)

$3.2 trillion - market cap of NVIDIA Corp (Jul 2024)

$2.8 trillion - GDP of France (per capita income = $46k/annum)

$2.4 trillion - India's total deposit in banks (Dec 2023)

[$2.4 trillion - 200 lakh crore]

$2.3 trillion - Cost of the 2-decade long American war in Afghanistan. 

$2.3 trillion - market cap of Alphabet (Google) (Jul 2024)

$2.1 trillion - GDP of Italy (per capita income = $36k/annum)

$2.0 trillion - market cap of Amazon (Jul 2024)

$2.0 trillion - GDP of Canada (per capita income = $53k/annum)

$2.0 trillion - GDP of Russia (per capita income = $14k/annum)

$2.0 trillion (₹170 lakh crore) - SENSEX (market cap of top 30 Indian public companies)

$1.9 trillion - GDP of Brazil (per capita income = $11k/annum)

$1.8 trillion -  The global AI market size is projected to expand at a CAGR of 37.3% from 2023 to 2030. It is projected to touch $1,811.8 billion by 2030. (Forbes)

$1.7 trillion - GDP of South Korea.

$1.5 trillion - sports ($565B, 2024) and music tourism are growing at unprecedented rates and are forecast to represent a $1.5 trillion industry by 2032.

$1.4 trillion - India fastest growing retail market, to cross $1.4 trillion by 2027: Reliance India (Aug'24)

$1.3 trillion - The IMF's current total resources of about SDR 982 billion ($1316 billion @ $1.341/SDR) translate into a capacity for lending of about SDR 695 billion (around US$932 billion), as at mid-December 2023. (SDR = Special Drawing Right) 

$1.3 trillion - market cap of Meta (Facebook) 

$1.2 trillion - GDP of Turkey

$1.2 trillion [Market] India's domestic food market to grow by 47% - CII-Danfoss India (Aug'24)

$1.2 trillion - that US homeowners’ wildfire and flood risks are underinsured by $28.7 billion a year. As a result, more than 17 million homes, representing nearly 19% of total US home value, are at risk of suffering what could total $1.2 trillion in value destruction.

[$1.2 trillion - 100 lakh crore]

$1 trillion - High-GDP countries / Trillion-dollar GDP countries.

$1 trillion [Market] The specialty chemicals (global) industry is anticipated to hit this mark by 2025 - Grand View Research. Studied 1000 regional and global markets. coating, adhesives, sealants, and elastomers (CASE) accounted for roughly 40% of the total market. Additionally, global water scarcity and increasing usage of treated water will remain key factors for the global water treatment chemicals market, which is expected to exceed $50 billion in the next eight to 10 years.

$1 trillion - China rejects IMFs $1 trillion housing rescue plan. IMF put the cost at 5.5% of GDP over four years.

$1 trillion - Indian Oil Corporation targets USD 1 trillion revenue by 2047: Chairman

$1 trillion - India to be $1 trillion digital economy by FY28: IT minister Chandrasekhar (May'24)

$1 trillion - Exxon Almost Walked Away From Its $1 Trillion Oil Discovery. A few geoscientists pushed a reluctant energy giant to take a chance on Guyana. Exxon nearly abandoned a $1 trillion oil discovery off Guyana's coast. Geoscientist Scott Dyksterhuis persuaded the company to proceed with a high-risk, widely skepticised drilling project. The result was the world's largest oil discovery in a generation, reshaping Guyana's economy.

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USD - billions

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$919 billion - all time FDI in India.???

$831 billion - Remittances have grown substantially over the past two decades, rising from about $128bn in 2000 to $831bn in 2022, according to the World Bank.

$828 billion - USA spent (2024 adjusted) on its military during the Vietnam War (over 8 yrs, starting 1965, $50B/yr) 

$800 billion - GDP of Taiwan

$793 billion - market cap of Broadcom
$786 billion - market cap of Tesla 

$778 billion - Net exports reached FY24 as compared to $776.4 billion in FY23.

$775 billion (₹65 lakh crore) - total AUM of Indian MF industry (Aug 2024)

$760 billion - Net import of India in 2021, almost 50% increase from 2020

$756 billion (₹48 lakh crore) - India's budget for FY25.

$700 billion (₹60 lakh crore) - US's Troubled Asset Relief Program (TARP), the biggest bailout by a government for the US banks after 2007-08 financial crisis. 

$681 billion -     (Aug'24)

$640 billion - India's foreign exchange reserves crossed the mark for the first time. (Mar'24)

$677 billion - Net export of India in 2021, almost 35% increase from 2020.

$665 billion (₹55 lakh crore) - India's external debt in FY24 , rise of $39.7 billion from FY23.

$656 billion - remittances to low and middle income countries alone reached an est $656bn in 2023 and surpassed FDI, which are investments made by cos. in a foreign country, and development aid made by other countries. (Jun'24)

$600 billion - India's foreign exchange reserves crossed the mark for the first time. (Jun'21)
India's total foreign exchange (forex) reserves stand at around US$598.89 billion on 08 sep 2023, with the foreign currency assets (FCA) component at around US$530.691 billion, gold reserves at around US$44.939 billion, special drawing rights (SDRs) with the International Monetary Fund (IMF) of around US$18.195 billion and around US$5.073 billion reserve position in the IMF, as per the RBI's weekly statistical supplement published on 08 September 2023.[3] The Economic Survey of India in 2014-15 stated India could target foreign exchange reserves of US$750 billion-US$1 Trillion.

$600 billion - AI companies will have to generate about $600 billion a year in revenue to pay for their AI hardware. To generate the $300 billion in profit required to pay back the $300 billion in AI data center costs, Cahn estimated the companies would need $600 billion in new generative AI revenue. Cahn assumes companies expect to earn back their AI hardware investment in a year. A more typical payback period is three to five years. Assuming “an aggressive three years, then that $600 billion becomes $200 billion per year,”

$525 billion - California’s FAIR plan faced $311 billion in potential losses at last count, and Florida’s Citizens Property Insurance Corp. faced a possible $525 billion hit. The federal National Flood Insurance Program, the biggest flood insurer in the US, is a consistent money-loser.

$500 billion - Global average GDP; GDP of Israel, UAE and Singapore.

$510 billion - Net import of India in 2020, almost 15% decline from 2019. (COVID)

$500 billion - India's foreign exchange reserves crossed the mark for the first time. (Jun'20)

$500 billion - Net export of India in 2020, almost 5.5% decline from 2019.

$480 billion - The United States claims the top spot as the largest gold reserve in the world with an astonishing 8,133 metric tons, valued at $480.84 billion. Surpassing the combined reserves of Germany, Italy, and France, the U.S. sets the gold standard. India is at 9th place with 831 tonne.

$470 billion - Net export of India in 2022, almost 15% increase from 2021.

$455 billion [IT] Infosys wins digital xformation deal from Danske Bank (Jun 26, 2023)

$454 billion [Market] As per the report published by The Brainy Insights, the global metal recycling market is anticipated to reach USD 454.22 billion by 2033, at a CAGR of 5.85% over the forecast period 2024- 2033.

$432 billion - In 2023, goods with a value of around $432 billion were exported from India.

$430 billion - GDP of Bangladesh, Iran and Vietnam

$420 billion - GDP of Maharashtra, highest GSDP in India (FY22)

$400 billion - GDP of Malaysia

$400 billion - the largest tech cos — Alphabet, Amazon, Apple, Meta and Microsoft — are budgeting an estimated $400 billion in CAPEX, mostly on AI-related hardware and R&D.

$390 billion - As much as Rs 33 trillion has been transferred under DBT, resulting in savings of almost Rs 2.73 trillion for the government because pilferage has been reduced. 

$380 billion - GDP of Hong Kong

$372 billion - Knight Frank India report highlighted that India's healthcare market was estimated to be worth $372 billion in 2022, a significant growth from USD 73 billion a decade ago (in 2012). 

$350 billion - the Indian Startup Ecosystem, ranking 3rd globally in terms of unicorn count.

$340 billion - India's services exports in FY24 as against $325 billion in FY23.

$340 billion - GDP of Pakistan

$327 billion - market volatility - biggest single-day gain (upswing) - NVIDIA - Jul 31, 2024, followed by $277B on Feb 22, 2024, $218B on May 23, 2024 for the same and $215B for Apple on Jun 11, 2024.

$300 billion - Cloud services providers and others could invest $300 billion into AI hardware in 2024, according to an analysis by Sequoia Capital (Jul'24)

$300 billion - AI data center hardware costs in Q4 2024 will total $300 billion, according to Cahn.

$300 billion - Electronics Manufacturing Opportunity in India by 2025

$280 billion - GDP of Tamil Nadu, second-highest GSDP in India (FY22)

$279 billion - - market volatility - biggest single-day loss (downswing) - NVIDIA - Sep 3, 2024, followed by $232B on Feb 3, 2022 for Meta, $212B on Apr 19, 2024 and $208B on Jun 24, 2024 for NVIDIA, and $207B for Amazon on Apr 29, 2022

$270 billion - GDP of Gujrat, third-highest GSDP in India (FY22)

$245 billion - worth of Indian IT sector.

$240 billion (₹20 lakh crore) - the highest market cap an Indian company have (Reliance Industries). TCS is $180 billion (₹15 lakh crore) and HDFC is $150 billion (₹12.5 lakh crore).

$225 billion (₹63 lakh crore) - Gross debt of Pakistan (Jun 2023)

$222 billion - net worth of Elon Musk ($22,200 crores).

$200 billion - ceiling-limit for large-cap cos. in USA, over this limit the cos are mega-cap.

$200 billion - starting range for US mega-cap companies (???)

$200 billion - aid committed to Ukraine by top 10 entities incl. US ($83B), EU ($45B) and Germany ($16B)

$190 billion - GDP of Ukraine (growing from last 3 years)

$185 billion - Remittance outflows to South Asia in 2023 

$176 billion - Cost of the war in Vietnam during the Kennedy, Johnson, and Nixon admin. 

$175 billion - U.S. Aid Going to Ukraine.

$158 billion - amount received in military aid by Israel since it's founding in 1948 from the US, making it the greatest recipient in history.

$150 billion - Hindenburg-Adani rout, Hindenburg made $4 million.

$150 billion - In the Q4 of 2024, Nvidia will generate $150B in annualized GPU revenue

$140 billion - Interest payable by GoI in FY25 - budgeted

$138.34 (₹11.6L cr): net worth of Gautam Adani (2024 Hurun Rich List)

$130 billion [Market] Indian pharmaceutical industry likely to reach by 2030: FICCI-EY (May'24)

$128 billion - External debt of Pakistan (Sep 2023)

$120.45 (₹10.1L cr): net worth of Mukesh Ambani (2024 Hurun Rich List)

$120 billion - The US spent on the conflict in Vietnam from 1965-73.

$120 billion - Globally, the toll from natural disasters has topped $120 billion so far in 2024.

[$120 billion - 10 lakh crore]

$111 billion [Market] Indian Merchandise exports - EXIM (Aug'24)

$111 billion - net worth of Adani (Jun 2024)

$111 billion - In 2023 Microsoft and Meta had high cash positions ($111 billion and $66 billion, respectively), fat profit margins (34% and 29%, respectively), and relatively modest debt. While, Amazon had $87 billion in cash, a net margin of 5.3%, and $136 billion in long-term debt. AWS generated $25 billion in revenue and enjoyed a 38% operating margin in Q1 2024.

$109 billion - As per industry estimates, the size of the Indian semiconductor market was about $ 38 Bn in 2023 and is expected to reach $ 109 Bn by 2030. - PIB

$100 billion [Market] Global aerospace MRO revenue ($124B by 2034) 

$100 billion - The Hindenburg report shaved off $100 bn from the Adani group's market capitalisation back in Jan 2023. Billionaire Adani lost half his net worth in a matter of weeks.

$100 billion - India's ForEx reserves reached a milestone in 2004.

$100 billion - Cahn estimates AI revenue falls $500 billion short of what he thinks is required to payback the $600 billion AI hardware investment. This gap assumes there is $100 billion in AI revenue being generated in 2024. Google, Microsoft, Apple and Meta are each estimated to generate $10 billion in annual revenue from AI while companies including Oracle, ByteDance, Alibaba, Tencent, X, and Tesla are forecast to generate $5 billion each.

$91 billion - A $91 billion trade means mining in one of the world’s hottest places.

$90 billion - Average GDP of Indian states, avg GSDP of India (FY22)

$90 billion [Market] India's non-oil export - EXIM (Aug'24)

$89 billion [Market] India Smartphone Market Share by 2032 at a 8.1% CAGR. 

$85 billion - Remittance outflows to East Asia and the Pacific, excluding China in 2023. China received $50 billion, MENA ($55B),  sub-Saharan Africa ($54B), LATAM ($156B) and Europe and Central Asia ($71B)

$85 billion - In FY 2014-15, FDI inflow in India stood at mere $45.14 Bn, which increased to $60.22 Bn in 2016-17 and further to the highest ever annual FDI inflow of $84.83 Bn reported during the FY 2021-22. Total FDI inflows in the country in the FY 2023-24 is $70.95 Bn and total FDI equity inflows stands at $44.42 Bn.

$81 billion - BlackRock registered total net inflows of $81.57 billion in Q1-2024, slightly above $80.16 billion a year earlier. $83B in ETF

$75 billion - GDP of Sri Lanka; India's defence budget for FY25

$71 billion - India's defence expenditure in FY24

$70 billion - GDP of Myanmar

$67 billion (₹5.2 lakh crore) - India's defence budget in FY23

$62 billion - India's overall exports (Merchandise and Services combined) in Nov'23

$55 billion [Market]  Projected India's outbound travel market by 2034. In 2023, 28.2 million Indians traveled abroad, while overseas spending hit $31.7 billion, with 54% dedicated to travel - FICCI (Aug'24)

$50.4 billion - India's imports from China in H1 2024, is almost 6 times higher than exports to China ($8.5B). India achieved a trade surplus with 151 countries, including key partners like the US and the Netherlands, while registering a trade deficit with 75 nations, such as China and Russia, in the first half of this year, according to the Global Trade Research Initiative (GTRI). - swarajyamag.com (Sep'24)

$47 billion - Bangladesh is hugely dependent on India for raw cotton to supply its $47bn (exports) garment industry. “We are aiming to export around [2.8 million] bales of cotton globally, out of which [2 million] bales will be sent to Bangladesh alone” in the 12 months ending in September, Atul Ganatra, president of the Cotton Association of India told Al Jazeera. One bale is 170kg (375 pounds).

$45 billion - e engineering, procurement and construction arm . Tata Projects competes with companies such as Larsen & Toubro, Sterling & Wilson, Bharat Heavy Electricals, and others. The power EPC market is growing at a CAGR of 21.9% to touch $45.36 billion by 2029, according to consulting firm Bluewave Consulting & Research.

$44 billion - Elon Musk Completes $44 Billion Deal to Own Twitter.

$42 billion (₹5 lakh crore) - 56 listed PSUs made a combined profit in FY24.

$42 billion - Argentina is the biggest debtor to the IMF, with a total outstanding debt of $42.9B, followed by Egypt ($15B) and Ukraine ($12B). Pakistan already owes about $8.4B and has a $7B bailout package under consideration. If approved, it'd replace Egypt as the second-biggest debtor with $15.4B.

$41 billion - GDP of Nepal

$41 billion [Market] India Smartphone (Expected) Market Share in 2023. (Mar'24)

$41 billion [Market] India Smartphone Market Share in 2022. 

$40 billion (₹3.56 lakh crore) - ₹2,000 banknotes in circulation (May 2023)

$38 billion - valuation of Flipkart

$38 billion - Sweden's plans to expand nuclear power to help tackle climate change are likely to cost around 400 billion crowns ($38 billion) and should be financed by government loans and price guarantees, a government appointed commission said on Monday. The government wants 2,500 MW of new nuclear power by 2035 - the equivalent of two new reactors - and 10 new reactors a decade later. The commission said the government should guarantee an electricity price of around 0.8 Swedish crowns/kwh ($0.0760) to investors over 40 years. Sweden currently has six reactors in operation, all of which were built in the 1970s and 1980s.(Aug'24)

$36 billion - While the precise size of the market isn’t certain, Deloitte estimates outstanding loans against art could surpass $36 billion in 2024, up from $29 billion to $34 billion last year. That also compares with $20.3 billion to $23.6 billion of such loans outstanding five years ago, according to Deloitte. To qualify at Bank of America and Citigroup, a collection usually needs to be worth at least $10 million, which secures a loan of $5 million or more.

$35 billion - India was forced to sell dollars in the spot markets in FY09 due to 22% depreciation in rupee (against the dollar).

$34.4 billion - In FY24, Electronic components imports stood at $34.4 billion, making them the fifth largest commodity to be imported to India, after crude, gold, petroleum products, and coal. India imported electronic components worth over $12 billion from China and $6 billion from Hong Kong, with the two accounting for more than half of total such imports to India. In FY20 it was $10B for combined China and HK, $9.5B in FY21, $17.7 in FY22 

$33 billion - Indigo orders 300 A320neo, taking the number of IndiGo's yet-to-be-delivered planes to 635 i.e. 1 new plane a week over the next 12 years (Oct'19)

$32 billion [Martket] Wise Resumes Signing Customers in India to Tap Remittance Market (Aug'24)

$30 billion (₹2.5 lakh crore) - pulse market of India (Aug 2024, India Pulses and Grain Association)

$30 billion - Hurricane Beryl, which might have caused $30 billion in damage in USA.

$28 billion - Rockefeller had amassed a net worth of nearly $900 million by 1912, according to Smithsonian Magazine. That’s equivalent to about $28 billion in today’s dollars and a staggering sum by 1912 standards.

$27 billion - EU financial assistance to Ukraine in 2022 and 2023. $8.5 billion in Mar'24.

$26.5 billion - Indigo orders 250 A320neo (Aug'15)

$24 billion (₹2 lakh crore) - GoI schemes to boost job creation and manufacturing. The Prime Minister’s Rs 2 lakh crore package aims to create employment, skilling, and other opportunities for 4.1 crore youth over five years.

$23.5 billion - Apple’s India business grows in leaps! In FY24, Apple's India operations witnessed a remarkable surge, reaching a value of over Rs 2 lakh crore ($23.5 billion), a significant increase from Rs 1.15 lakh crore in the previous year. A significant increase in iPhone production, along with strong domestic sales of MacBooks, iMacs, iPads, Watches, and AirPods, has boosted the value of Apple's operations in India.

$22.4 billion - FDI inflows surge 26.4% to $22.4 billion in April-June 2024, driven by the manufacturing, financial services, and communication sectors. (30 Aug'24)

$21 billion - India's trade surplus is highest with the US in H1 2024, followed by Netherland ($11.6 billion) (2 Sep 2024)

$20 billion - Morgan Stanley’s Michael Grimes, who helped Reliance raise more than $20 billion from Zuckerberg and other investors during the pandemic, was on the guest list. He should be a happy tech banker. His firm’s analysts expect the conglomerate to add $100 billion to its $260 billion market value.

$18 billion [Market] Projected India's outbound travel market in 2024 (Aug'24) 

$18 billion (₹1.5 lakh crore) - Reliance to invest in renewable energy (Apr 2024)

$18 billion (₹1.5 lakh crore) - AGEL to invest ₹1.5 trillion in developing world's largest RE park in Khavda (GJ), 45 GW by 2030 incl. 26GW of solar and 4GW of wind power gen capacity (Apr 2024)

$18 billion - INFY's 90 large deals for FY24 were the company's highest yet, at TCV of $17.7 billion.

$17 billion [Market] Global Natural Flavor Market Set to Surge at 8.5% CAGR, Reaching USD 17.6 Billion by 2034 | Future Market Insights, Inc.

$17 billion - The family, led by Adi Godrej, alongside his brother, Nadir Godrej, and their cousin, Jamshyd Godrej, is among the richest in India, with an estimated net worth of US$16.7 billion as of 2023.

$16 billion - valuation of PayTm

$15 billion - According to Forbes, Jindal family led by Savitri Jindal is worth US$14.5 billion, as of 2021.

$15 billion - Low-GDP territories. GDP of North Korea (est) and Afghanistan.

$15 billion - India exported smartphones worth around $15 billion in FY24, of which iPhones contributed 65 per cent, or about $10 billion – up from $5 billion in the previous year.

$15 billion - With 32 teams, National Football League (NFL) is the US sports league with highest revenue. 70k is the avg attendance, followed by Major League Baseball (MLB) @ $11B / 30k avg attendance and National Basketball Association (NBA) @ $9B / 18k avg attendance.

$15 billion - Indigo orders 180 A320s, incl 150 A320neo (Jan'11)

$12.7 billion - A United States court has ordered bankrupt cryptocurrency exchange FTX to pay $12.7bn in relief to its customers, the Commodity Futures Trading Commission has said. The CFTC settlement requires FTX to pay $8.7bn in restitution and $4bn in disgorgement, which will be used to further compensate victims for losses suffered during the exchange’s collapse. Its founder Sam Bankman-Fried was sentenced in Mar'24 to 25 years in prison for stealing $8bn from customers.

$12.5 billion - BlackRock's $12.5 billion deal in 2024 to buy Global Infrastructure Partner.

$12.1 billion - According to trade intelligence firm The Trade Vision LLC, Apple experienced a remarkable surge in iPhone exports from India, soaring from US$6.27 billion in the FY23 to US$12.1 billion in FY24, marking nearly a 100 percent increase.

$12 billion (₹1 lakh crore) - ONGC plan to build 10 GW renewable energy by 2030 (Apr 2024)

$12 billion - SBI will grow but not at the cost of profitability; aspires to generate Rs 1 trillion PAT: Dinesh Kumar Khara.

[$12 billion - 1 lakh crore]

$10 billion - the Indian startup ecosystem is expected to create a $10 billion economy by 2032-33. With 138,000 startups, including 23,000 funded ones, India has created $550 billion in value. 6,300 AI startups, 2,000 IoT startups, and many others in AR, VR, and robotics.

$10.5 billion - Public debt of Sri Lanka (Jun 2024)

$10.3 billion - The Rockefeller family is 200 members strong and has a cumulative net worth of $10.3 billion, according to Forbes.

$10 billion - ceiling-limit for mid-cap cos. in USA, floor-limit for large-cap cos.

$10 billion - starting range for US large-cap companies

$10 billion - HCLTech new deal wins in FY24

$10 billion - In furtherance of the vision of Aatmanirbhar Bharat and positioning India as the global hub for ESDM, a comprehensive program for the development of semiconductors and display manufacturing ecosystem in India was approved by Government of India with an outlay of ₹ 76,000 crore (>10 billion USD). - MeiTY

$10 billion - Vedanta may deploy this war chest for accelerated deleveraging of its balance sheet, improving capital structure, development of its transformational projects paving the way for its near-term USD 10-billion dollar EBITDA target and pursuing inorganic opportunities, an analyst said. (27 Aug'24)

$10 billion - India's second chip manufacturing facility soon. The Maharashtra cabinet panel has given the green light to a substantial investment proposal amounting to $10 billion (Rs 83,947 crore) on Thursday. The venture, a collaboration between Tower Semiconductor and the Adani Group, aims to establish a semiconductor chip manufacturing facility at Taloja in Panvel, Devendra Fadnavis, the state's deputy chief minister, announced on the social media platform X.

$9.5 billion - expected Spain Wellness Tourism market from 2024 to 2029. 

$9.4 billion - US spent ($96 billion adjusted) on the Saturn family of rockets, $864 million ($10 billion adjusted) on the Saturn I, $1.1 billion ($11 billion adjusted) on the Saturn IB, $6.6 billion ($66 billion adjusted) on the Saturn V, and $880 million ($9 billion adjusted) on related engine development. 

$9 billion - India is the thirdlargest import source of ‘medicine put up for retail sale’ for the US. The top two are Ireland and Switzerland. In 2023, the country exported these medicines worth $9 billion as against $7.33 billion in 2022. With this increase in the shipments, India’s share went up to 13.1%in 2023 from 10% in 2022. Share of the top exporter Ireland fell to 13.8% in 2023 from 17.2% in 2022 because its sales in the US went down to $9.5 billion in 2023 from $12.5 billion in 2022.

$8.6 billion - These studies indicate that the direct costs of COVID-19 span from US $860 million to US $8,657 million, while indirect costs range from US $610 million to US $5,500,000 million. (2024)

$8.5 billion - India's exports to China in H1 2024. Regarding China, the report stated that between January and June 2024, India exported USD 8.5 billion worth of goods to China while importing USD 50.4 billion, resulting in a trade deficit of USD 41.9 billion. This imbalance makes China India's largest trade deficit partner, with 98.5 per cent of imports from China being industrial goods. (Sep'24)

$8.48

$8 billion - In 2023, their net worth was estimated at ₹60,786 Crore (US$7.3 billion).

$6.7 billion - India purchased 200 tonnes of gold from the IMF (€4.57bn, £4.10bn). (2009)

$6 billion - Indigo orders 100 A320s (Jun'05)

$5.3 billion (₹44k crore) - TN FM announced that the State Cabinet approved 15 new private investments for 24,700 jobs in vehcile mfg, food processing, electronics goods mfg, renewable energy, and battery mfg sectors. Sembcorp's investment of Rs.21,340 crore in Thoothukudi district, which will provide jobs for 1,114 people and Motherson Electronics investment of Rs.2,200 crore in In Kancheepuram district, providing jobs for 2,600 people. In Erode district, Milky Mist is investing Rs.1,777 crore in the food processing sector, providing jobs for 2,025 people. In Krishnagiri, LOHUM will invest Rs.1,597 crore, providing jobs for 725 people. A hostel for Foxconn workers constructed near Sriperumbudur at a cost of Rs.706.5 crore. TN has GSDP of $278 billion.

$5 billion - TVS Iyenger net worth as of Feb'24. Venu Srinivasan is chairman emeritus of TVS Motor Company, India's third-largest maker of two-wheelers. TVS Motor is the flagship of the TVS Group, which was founded in 1911 by T. V. Sundaram Iyengar. Srinivasan belongs to the third generation. The Chennai company has three factories in India and one in Indonesia. His son Sudarshan Venu is the company's managing director and daughter Lakshmi Venu has a board seat.

$4.6 billion - Wipro's full year TCV for large deals increased 17.4% to $4.6 billion.

$4.3 billion - GDP of Nagaland, third-lowest GSDP in India (FY22)

$4 billion - Bharti Global acquires 24.5% of UK's BT Group plc from Altice UK.

$3.8 billion [Market] UV LED Market to Reach $3.8 Billion, Globally, by 2032 at 19.4% CAGR: Allied Market Research

$3.7 billion - Investment advisory and administration fees of Blackrock, typically a percentage of AUM, rose 8.6% to $3.72 billion.

$3.7 billion - GDP of Mizoram, second-lowest GSDP in India (FY22)

$3.5 billion - The Indian SaaS ecosystem reached a revenue of $3.5B Mar'20; growing at 30% CAGR

$3.4 billion - In Ethiopia, which floated its currency and has entered a $3.4bn IMF program, Prime Minister Abiy Ahmed compared reform to the pain of surgery, endured for healing.

$2.92 billion - With a worldwide box-office gross of over $2.9 billion, Avatar is proclaimed to be the "highest-grossing" film, but such claims usually refer to theatrical revenues only and do not take into account home video and television income, which can form a significant portion of a film's earnings. (2009)

$2.9 billion - GDP of Bhutan

$2.7 billion - Dalmia was a non-executive director at the 82-year-old New Delhi group, whose flagship Dalmia Bharat is India's fourth-largest cement company by capacity. The brothers appeared on the World Billionaires List earlier this year with a combined fortune of $2.2 billion.8 Jul 2021. As of Jan'24, they had net worth of $2.7B, led by Yadu Hari Dalmia.

$2.7 billion (₹23k crore) - AUM of Indian MFs investments thru monthly SIPs (Aug 2024)

(₹13k crore) - The 72-km metro corridor connecting Jewar to NDLS. (Apr 2023)

$2.4 billion [MSME] with mkt-cap beyond $2.4 billion are large-cap cos. in India.

$2.4 billion [Space] NASA spent on the lunar module for Apollo mission or ~ $23 billion in 2020 dollars.

$2.4 billion - Monitoring/ managing experience of public/private assignments of at least INR 20,000 Crore (Semicon)

$2.4 billion [MSME] with mkt-cap from $600 million to $2.4 billion are mid-cap cos. in India.

$2.13 billion (₹15,157 cr) US-India contract in Feb'20

$2.2 billion - Bhadla Solar Park, Thar Desert (RJ) gen 2.24 GW (2015-2020)

$2 billion - ceiling-limit for small-cap cos. in USA, floor-limit for mid-cap cos. in USA.

$2 billion - GoI paying to get Micron into Gujrat for 5000 jobs to assemble chips in India.

$2 billion - starting range for US mid-cap companies;  GDP of Seychelles

$1.9 billion [IT] TCS wins $1.9 billion ($1B over 10Y) deal to digitally transform UK's National Employment Savings Trust (Jun 21, 2023) NEST terminated 18YO £1.5 B contract with France's Atos in Feb'23

$1.9 billion [Market] Ashwagandha Market by 2034 at a CAGR of 9.2% - Transparency Market Research Inc (Aug'24). 

$1.6 billion [IT] Infosys announces €1.5B (5Y) deal with telecom firm Liberty Global (Aug 15, 2023).

$1.5 billion - GDP of A&N Island, lowest GSDP in India (FY22)

$1.5 billion - Las Vegas hosted an F1 Grand Prix race in Nov'23. The event brought $1.5 billion in economic impact to the city, 50% more than the Super Bowl would raise just three months later.

$1.4 billion [IT] Capgemini’s 2014 deal with French nuclear energy major Areva (2024)

$1.2 billion (₹10k crore) - 65km of DMRC (Phase-I) within 4 years (1998 - 2002).

$1 billion - benchmark valuation for a unicorn start-up

$1 billion [IT] Cognizant and CoreLogic Extend Decade-Long Relationship With $1B, 10Y Services Agreement (Jan 26, 2023)

$1 billion [IT] TCS won UK-based Marks & Spencers deal, TCS lost Transamerica, when the latter chose to insource  (Jun'23)

$1 billion [Space] Gaganyaan, the most expensive scientific mission ever undertaken by India (₹10,000 crore) - Unicorn Space Mission

$1 billion [IT] revenue of YASH Technologies, Illinois (est 1996), 8.5k+ employees

$1 billion - India minted a new billionaire every 5 days in 2023: Hurun rich list 2024. Top 10 richest Indian cities in 2024—Mumbai overtakes Beijing as Asia’s billionaire capital. List of Top 10 Richest City in India 2024: Following Mumbai, New Delhi and Hyderabad have emerged as other richest cities in India, as per the Hurun Rich List 2024.

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USD - millions

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$983 million - The Defense Innovation Unit (DIU) is pleased to announce it is beginning the strategic allocation of the $983M budget for FY24, signed into law at the end of March. (Jun'24)

$860 million - worth of Maldives Stock Exchange (MASIX), est 14 April 2002

$750 million - One of the smallest stock exchanges resides in Laos. Opened in 2010 with assistance from South Korea, it currently consists of only four companies: Banque por le Commerce Exterieur Lao Public (BCEL), EDL Generation Public Co. (EDL-Gen), Lao World Public Company (LWPC), and Petroleum Trading Lao Public Company (PTL).

$700 million [IT] TCS won UK-based Phoenix Group deal (Jun'23)

$700 million - [IT] IBM Corp’s 2019 deal with Spanish bank Banco Santander (2024)

$675 million (₹45k crore) - Adani's 648MW of solar power plant spread over 2,500 acres at Kamuthi (TN) (2016)

$611 million - Thurrock Council, in Essex, southeast England, was declared bust in 2022 after its leveraged bets worth hundreds of millions of pounds on solar energy backfired. The various investments led to a loss of £470 million and spotlighted how some local UK authorities were betting taxpayers’ money on high-risk initiatives.

$600 million [MSME] with mkt-cap from $60 million to $600 million are small-cap cos. in India.

$600 million - valuation of Blinkit

$600 million - total cost of the festivities at Anant-Radhika's five-month-long wedding extravaganza, ending with the Mangal Utsav, the newlywed reception, on July 14. (Jul'24)

$545 million - NYC's parking ticket revenue.

$521 million - India's import from China for glasswares, followed by handbag and other leather items for $120 million and toys for $120 million.

$500 million [IT] a mega IT deal/contract for a big Indian IT firms.

$500 million - India’s biggest shadow bank Bajaj seeks up to $500 million loan

$500 million - Saudi Prince Alwaleed bin Talal: The $500 Million Flying Palace. Prince Alwaleed bin Talal, a member of the Saudi royal family and one of the most affluent individuals, owns the most expensive private jet - a customized Airbus A380 valued at over $500 million.

$442 million [Space] The Boeing 777-200ER costs $306.6 million. The Boeing 777-200LR costs $346.9 million. The Boeing 777-300ER costs $375.5 million. the Boeing 777-9, priced at 442 million U.S. $400 million - Blackrock's revenue from technology services jumped 10% to $395 million. 

dollars, is among the most expensive ones on Boeing's price list.

$300 million [IT] TCS won the UK-based Teachers' Pension Scheme deal. (Jun'23)

$300 million - starting range for US small-cap companies. Under $300 million, all are US micro-caps.

$264 million - Chicago swept up from parking tickets in 2019 (highest). 

$250 million - ceiling-limit for micro-cap cos. in USA; floor-limit for small-cap cos. in USA.

$220 million [Market] Tamil Nadu stands out as a leader in India's export of processed fruits, juices, and nuts, accounting for 33% by quantity and 27% by value, having exported 208,370 metric tonnes valued at US$ 220.81 million in the 2023-24 period.

$220 million [Space] cost of orbital segment of NAVIC. (2008)

$210 million - Internet livestreaming celebrity Huang Wei, better known by her pseudonym, Weiya, was fined 1.3 billion yuan ($210 million) for tax evasion in 2021. She apologized and escaped prosecution by paying up, but her social media accounts were suspended, crippling her business.

$177 million - Lockheed Martin F-35: The Most Expensive Fighter Jet in the World. The Lockheed Martin F-35 Lightning II stands out as the most expensive fighter jet in the world, with a unit cost of approximately $177 million.

$175 million - In late 2013 hunting for oil in Guyana was among Exxon’s lowest priorities. Companies had drilled more than 40 dry holes in the region. The target formation—named Liza, after a local fish—was under a mile of water, and drilling it would cost at least $175 million. Even Dyksterhuis estimated there was only a 1 in 5 chance of success. But if he was right, it would open an oil frontier, proving a theory that the same geology behind Venezuela’s reserves, the world’s largest, extended across the north coast of South America. Many at Exxon had no interest in making that bet. Neither did much of the rest of the oil industry.

$174 million [Space] Approved cost for NavIC in 2006, became operation in 2008.

$170 million [IT] estimated revenue of Programmers .io

$160 million - The discovery of a remarkable 2,492-carat diamond in Botswana has generated a lot of attention. Experts believe it might be worth up to $160 million. X-ray technology was used to find the diamond. Botswana's President Mokgweetsi Masisi holds the 2,492-carat diamond that was unearthed at one of its mines.

$150 million - LA generated in parking ticket revenue.

$125 million - Tata buys Wistron India plant near B'luru. Wistron is one of three Taiwanese iPhone manufacturers in India, along with Foxconn and Pegatron. (Apr'23)

$120 million - Boeing initially priced the 787-8 variant at US$120 million, a low figure that surprised the industry. In 2007, the list price was US$146–151.5 million for the 787-3, US$157–167 million for the 787-8, and US$189–200 million for the 787-9.

$110 million [Space] The base purchase price for a new Airbus A320neo is $110 million before options.

$101 million - The average purchase price of a new Airbus A320 is 101,000,000 USD. The average purchase price of a pre-owned Airbus A320 is 25,000,000 USD.

$100 million - a large IT deal/contract for a big Indian IT firms.

$100 million - Donald J. Trump listed $100M in liabilities over judgments he owes in civil cases

$92 million - Zangge Mining, based in western China, said it got two tax bills totaling 668 million RMB ($92 million) for taxes dating to 20 years earlier. (Aug'24)

$90 million [Space] The Boeing 737-700, listed at an average price of just under 90 million U.S. dollars, is among the least expensive models

$70.8 million [MSME] UK company with turnover under £54M (or Under 50 employees or balance sheet <£27k) is considered as Medium company and cos. with higher figures are considered as a Large company. (since Oct'24)

$69 million - Ningbo Bohui Chemical Technology, in Zhejiang on China’s eastern coast, suspended most of its production after the local tax bureau demanded 500 million yuan ($69 million) in back taxes on certain chemicals. It is laying off staff and cutting pay to cope. (Aug'24)

$68 million - San Francisco made in parking ticket revenue in 2019.

$67 million [IT] revenue of System Plus Solutions (Systems+, est 1987), 622 employees

$63 million - cost of a base model of F16 is (₹400 crore) 

$62 million - GDP of Tuvalu (lowest GDP of a territory) 

$60 million (₹500 crore) - a large company with decent revenue 

$60 million [MSME] with mkt-cap from $6 million to $60 million are micro-cap companies in India.

$58 million [Space] A Gulfstream G650ER costs between $34m for a 2012 model, up to $58m for a 2023 model

$54 million [Space] total project cost for Mars Orbiter Mission (₹454 crore), making India the third nation to orbit Mars (after US and Soviet Union) - Nov'13

$52.8 million - US nod for sale of anti-sub warfare (ASW) sonobuoys to India. (part of $2.13 billion deal in Feb'20)

$50 million - ceiling-limit for nano-cap cos. in USA; floor-limit for micro-cap cos. in USA.

$47 million [MSME] UK company with turnover under £36M (or Under 250 employees or balance sheet of <£18M) is considered as Medium company, and cos. with higher figures are considered as a Large company. (pre-2024)

$45 million - Elon donating every month to a new political action committee backing Trump. (Jul'24)

$45 million [Space] the project cost for Aditya-L1 (₹400 crore) - Sep'23

$45 million [Space] cost of ground segment of NAVIC. (2008)

$43 million [Space] the entire project for Chadrayaan-1 cost ₹360 crore, making India the fifth nation to orbit Moon - Oct'08

$38 million [Space] Cost of each of the 21 ground station supporting the NavIC constellation.

$31M - India's import from China is highest (95.8%) for umbrellas and canopies, followed by 91.9% for artificial flowers. 

$30M [MSME] Any enterprise with annual turnover exceeding $12 million is a large enterprise.

$30M [MSME] ₹250 crore (max turnover for Medium Enterprise).

$23 million [Space] Gulfstream G550? Prices range between $13,200,000 and $22,950,000 with 62 currently advertised for sale.

$20 million - Technical Guruji (Sunny Kaushal) — ₹140 crores ($20 million): Technical Guruji, whose real name is Sunny Kaushal, boasts over 38 million subscribers on his YouTube channel dedicated to technology tutorials, product reviews, and unboxings

$19.7 million [MSME] UK company with turnover under £15M (or Under 50 employees or balance sheet <£7.5k) is considered as Small company. (since Oct'24)

$19 million [Space] Cost of each of the 7 satellites that make up the NavIC constellation.

$18 million - Dhruv Rathee's estimated monthly income from his YouTube channel is between $817,400 and $18.4 million. Dhruv Rathee is a YouTube educator who makes simplified and objective explainers of complex topics ¹. He has over 20 million subscribers and a high historic average of views.

$12M - Chinese food and beverage conglomerate VV Food & Beverage reported in June it was hit with an 85 million yuan ($12 million) bill for taxes dating back as far as 30 years ago. (Aug'24)

$13.4M [MSME] UK company with turnover under £10.2M (or Under 50 employees or balance sheet of <£5.1m) is considered as Small company. (pre-2024)

$11M - We found that U.S. government implementing partners paid at least $10.9 million to the Taliban-controlled government in the form of taxes, fees, import duties, or for the receipt of permits, licenses, or public utility services.

$9.5M [IT] completion of 1 PM project with total project fees of ₹80 cr - eligibility for ISM bidder.

$9M - typical home value for Pitkin County, Colorado (highest), followed by Teton County ($5.4M) and Nantucket County ($5.1M). Essex County, Placer County and Nevada County are amongst lowest in million-dollar homes list.

$8M - cost of HAL Dhruv helicopter ₹63 crore (US$8 million). In August 2008, a deal was reportedly finalised with Turkey for three Dhruvs for US$20 million.

$7M [IT] revenue of Infoview Systems, Michigan (COMMON India), 50 employees

$6M [MSME] ₹50 crore (max turnover for a small unit; max investment for Medium Enterprise)

$6M  [MSME] upto $6M are Nano-cap companies in India.

$6M [IT] completion of 2 PM projects with total project fees of ₹50 cr each - eligibility for ISM bidder.

$6M [Sapce] The average price of a Dassault Falcon 900B for sale on GlobalAir.com is $5,915,000.

$5.8M - Donald Trump Received $5.75 Million In Royalties For A Book (Our Journey Together) That Largely Features Photos In The Public Domain over 18 months (Jul'23)

$5M - The Nepal government collected in revenue from Mt Everest alone 2023 spring climbing season. 

$4.8M [IT] completion of 3 PM projects with tot project fees of ₹40 cr each - eligibility for ISM bidder.

$3.7M - Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the AIRBUS ACJ320neo has total variable costs of $3,731,850.00, total fixed costs of $1,253,648.00, and an annual budget of $4,985,498.00. This breaks down to $11,078.88 per hour.

$ 3.56M - estimated net worth of Acharya Prashant, an intelligent spiritual leader.

$3M [MSME] ₹25 crore (max investment under ADITI)

$1.9M - Depending on numerous factors, the avg price for a pre-owned AIRBUS/EUROCOPTER AS350B3 (2B1) is $1,900,000, Himalayan Heli has 7 of them (i.e. $10-$14M of minimum CAPEX)

$1.7M - A 2016-model Airbus H120 costs $1.7m on the pre-owned market, whereas a 2016 model H155 costs $11.5m, according to Aircraft Bluebook's summer 2021 data. H130T2 (single-engine)owned by Global Vectra Helicorp, the top helicopter operator in India by flying hours, 

$1.3M [MSME] UK company with turnover under £1M (or Under 10 employees or balance sheet <£500k) is considered as Micro company. (since Oct'24)

$1.2M [MSME] ₹10 crore (max investment for a small unit; max investment under PRIME X)

$1M - A 56-page handwritten notebook that belonged to Alan Turing sold for more than $1 million at an auction in New York in 2015.

$1M - Former US President Donald Trump owns more than $1 million worth of cryptocurrency and up to $250,000 in gold bars along with the portfolio of golf courses and real estate properties

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USD - thousand 

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$925k -  A 2014 787-9 leased for $1.05 million per month, and fell to $925,000 per month in 2018.

$830k [MSME] UK company with turnover under £632k (or Under 10 employees or balance sheet <£316k) is considered as Micro company. (pre-2024)

$610k - In Google’s infancy the house belonged to a young couple, Dennis Troper and Susan Wojcicki, who had recently purchased it for $615,000. To help with the mortgage, the Google duo paid them $1,700 a month to rent unused space. “They entered through the garage,” Wojcicki later told me. “They weren’t allowed to enter the front door.” (2008)

$600k [MSME] ₹5 crore (max turnover for a micro unit)

$596k [GST] E-invoicing is reqd for biz having turnover exceeding ₹5 crore.

$513k - The "Delilah" papers - two bound notebooks and six gatherings of loose sheets - are valued at 397,680 pounds ($513,047) and date from 1943-45. (Alan Turing)

$500k - Trump earned royalties for the book "A MAGA Journey."

$466k - A new world record has been set for the most expensive falcon when a US white Gyrfalcon was sold for $466,667 (1.75 million Saudi riyals) in an auction in Saudi Arabia.

$360k - As per the plan, Suraksha Group will arrange loan/credit facility of ₹3,000 crore within 90 days of the approval date, to be utilised as and when required, on need basis for completion of the projects. To institutional financial creditors, Suraksha Group will issue zero coupon Non-Convertible Debentures (NCDS) worth ₹1,280 crore and also provide around 2,550 acre land worth ₹6,457 crore (fair market value). JIL's lenders had submitted a claim of ₹9,783 crore. It had also proposed to complete all incomplete flats over the next four years. (Jun'24)

$350k - est. value (0.01% of the fiscal support disbursement) of the bidding for Semicon India Program - Program Management tender to manufacture 

$300k - Trump reported earning $300,000 off sales of an edition of the Bible that he and country singer Lee Greenwood endorsed, known as "The Greenwood Bible."

$250k (₹2 crore) - Foreign investments fall under RBI guidelines for remittance which is called Liberalized Remittance Scheme (LRS). As per current LRS limits, an individual can remit abroad up to $250,000 every year. This full amount can be utilized for investment in global markets. 

$180k [MSME] ₹1.5 crore (max investment under SPARK)

$150k - The sources claim that Ranveer Allahbadia, also known as BeerBiceps, receives payment from sponsors, his company Monk Entertainment (Monk-E), YouTube, Adsense, and brand promotion. 10K to 60K USD per month and 50K to 150K USD per year are his expected earnings.

$120k [MSME] ₹1 crore (max investment for a micro unit)

$48k [GST] GST is applicable for turnover  of sale worth ₹40L or more.

$40k - launch price of Tesla Cybertruck, now valued at $1M (Aug'24)

$24k [GST] GST is applicable for services worth ₹20L or more.

$14k - 2023: World Bank defines high income countries as those whose per capita income is more than $14k/annum

$12k [India][Tax] Max cash individual can deposit / withdraw in a FY from savings a/c = ₹ 10 lakh, with a cap of ₹ 2 lakh/txn. To deposit more than ₹ 10 lakh you'd need to have an ITR filing (on improper justification, penalty upto 60% to 400% of the txn amt; 3L to 20L penalty on improper txn of 5L)

Max cash individual can deposit / withdraw in a FY from current a/c = ₹ 50 lakh

Max DD amount an individual can pay in a FY (req PAN by bank) = ₹ 10 lakh

If you earn ₹10k or more per FY from FDs per Bank, you're liable to 10% TDS. Don't go for FDs more than ₹10 lakh per FY to avoid IT notice.

If credit card bill paid in cash of ₹1 lakh or more.

If credit card bill paid online of ₹10 lakh or more.

If any merchant is receiving more than ₹10k/day in savings a/c via UPI, the merchant should have a current a/c.

Max shares an individual can purchase in a FY (irrespective of payment mode) = ₹ 10 lakh

Max MF (per AMC) an individual can purchase in a FY (irrespective of payment mode) = ₹ 10 lakh

Max foreign currency (incl foreign travel) an individual can purchase in a FY (irrespective of payment mode) = ₹ 10 lakh

Max immovable property (home, apartment or plot) an individual can purchase in a FY (irrespective of payment mode) = ₹ 30 lakh of registry value (driven by the local registrar to ITO) (usually the registry of property is 50% or less of the market value of the property)

Max payment of services / goods an individual can purchase in a FY (in cash) = ₹ 2 lakh/txn

Max payment of gold, car an individual can purchase in a FY (in cash) = ₹ 2 lakh/txn

$425 - annual per-capita income in Syria (dropped from $900 in 2021)

$200 - The Sustainable Development Goals drawn up by the United Nations call on countries to reduce remittance transaction costs to less than 3 percent of the amount being transferred. According to the World Bank, as of the fourth quarter of 2023, remittance costs remained high, costing 6.4 percent on average to send $200. 5% thru digital means. Countries dependent on remittances as a large part of their gross domestic products — like Lebanon (54 percent), Tonga (44 percent) and Tajikistan (34 percent) — are at risk of crisis during conflicts or natural disasters. “USDC ensure transaction costs are well within the UN’s 3 percent target. The UN itself used USDC to deliver relief to Ukrainian refugees within the 3 percent target,” Dante Disparte, chief strategy officer and head of global policy at Circle.

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INR - ₹ - Rs...

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464L cr: Sensex, Nifty gain in 12-day streak; BSE mcap hits record high of ₹464 lakh crore (10-11 times of annual national expenditure)

400L cr: Mcap of BSE-listed companies hit Rs 400 lakh crore milestone (8 Apr'24)

128L cr: As an overview, India's per capita net national income or NNI was around Rs. 98,374 in 2022-23. The per-capita income is a crude indicator of the prosperity of a country. In contrast, the gross national income at constant prices stood at over 128 trillion rupees.

100L cr: Mutual fund AUM to surpass Rs 100 lakh crore mark in 2-3 years: ICRA (19 Jul'24)

80L cr: For the current fiscal year, UPI has clocked 55.6 billion transactions worth ₹80.8 lakh crore so far. In FY24, UPI surpassed 100 billion transactions for the first time, ending the year at 131 billion, compared to 84 billion in FY23.

55L cr: As of Jul'24 Personal loan in India increased by 14 percent to 55 lakh crores. People have taken maximum loans through credit cards and gold, due to which personal loans have increased by 14 percent. In terms of year-on-year growth, the maximum loans granted was for gold at 39 per cent, while credit card loan grew at 22% YoY and occupied the second spot at 2.8 lakh crore. However, credit card loans makes up only 1% of lending businness of banks. An 18.1 per cent increase was observed in outstanding loans in agriculture and allied activities, which amounted to Rs 21.6 lakh crore. SBI Securities states that Indian credit card holders spent Rs 1.7 lakh crore through credit cards in July this year. This amount is 19 per cent more than the same month last year. A total of 38.4 million transactions were made thru credit cards in July. This figure is also 39 per cent more than the same month last year. As per NPCI, There were a record 14.96 billion transactions on UPI in the month of August with a 41 per cent increase (year-on-year). With this, the total transaction amount reached Rs 20.61 lakh crore. This was 31 per cent more than the same period last year. The average daily transaction amount last month was Rs 483 crore, taking the average daily transaction amount to Rs 66.475 crore.   (Sep 3, 2024)

50L cr:  Total expenditure planned in FY25 for India is 48.21 lakh crore. 

44.4L cr: Total Expenditure incurred by Government of India in FY24 is ₹44,42,542 crore (98.9% of corresponding RE 2023-24), out of which ₹34,94,036 crore is on Revenue Account and ₹9,48,506 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹10,63,871 crore is on account of Interest Payments and ₹4,13,542 crore is on account of Major Subsidies. 

30L cr: Pure active equity schemes have crossed 30 lakh crores in AUM across the industry during the month of August 2024. 

28L cr: The Government of India has received ₹27,88,872 crore (101.2% of corresponding RE 2023-24 of Total Receipts) during 2023-24 comprising. The net (central) tax revenue (or collection) was at ₹23.26 lakh crore in FY24. Almost 51-49% of corporate and income tax resp. ₹4 lakh crore in non-tax revenue and ₹60.5k crore of non-debt capital receipt. Non-Debt Capital Receipts consists of Recovery of Loans (₹27,338 crore) and Miscellaneous Capital Receipts (₹33,122 crore). ₹11,29,494 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹1,81,088 crore higher than the previous year.

[BE & RE in budget: Budget Estimate (BE) for the upcoming financial year, alongside the Revised Estimate (RE) for the current year and the actual figures for the previous year.]  

21L cr: Reliance Industries Share Price Highlights 28 June 2024: RIL hits ₹21-lakh cr mcap, gains over 2% on bullish analyst outlook (Jun'24)

20L cr: The Unified Payments Interface (UPI), India’s most used payments platform, crossed the ₹20 lakh crore mark for the third straight month in July. The platform clocked a transaction amount of ₹20.64 lakh crore during the month, growing by 35% on-year. The average daily transaction count during the month Aug'24 touched 466 million with the average daily transaction amount at ₹66,950 crore. The transaction value stood at ₹20.1 lakh crore in June and ₹ 20.44 lakh crore in May.

11.6L cr: net worth of Gautam Adani (2024 Hurun Rich List)

11.1L cr: 3.4 % of GDP to be provided for capital expenditure in FY25.

10.1L cr: net worth of Mukesh Ambani (2024 Hurun Rich List)

4.17L cr: For Rs 6,560-crore IPO, Bajaj Housing Finance gets over 90 lakh applications worth Rs 4.17 lakh crore (63x), breaks all IPO records.

4L cr: ₹4,13,542 crore is on account of Major Subsidies by GoI in FY24. 

4L cr:  INC claimed, the government put ₹4 lakh crore in the pockets of India's rich billionaires, who didn’t create a single job, through tax exemptions. While income tax collection from the public is ₹3.46 lakh crore, corporate tax collection is only ₹2.10 lakh crore.

3.8L cr: The government has monetised assets worth Rs 3.86 lakh crore in the past three years up to FY24, with the coal sector emerging as the top contributor, MoS, Finance, Pankaj Chaudhary told the Lok Sabha on Monday. In a written reply, Chaudhary said that asset monetisation in coal fetched Rs 1.54 lakh crore, followed by roads (Rs 81,556 crore), power (Rs 33,512 crore), mines (Rs 32,651 crore), petroleum and natural gas (Rs 28,587 crore), railways (Rs 20,417 crore), shipping (Rs 12,979 crore), urban sector (Rs 9,800 crore), warehousing (Rs 8,033 crore), civil aviation (Rs 2,663 crore) and telecom (Rs 1,452 crore).

3.5L cr: PMJDY. DBT and other governance reforms resulted in a gain of Rs 3.48 lakh crore in the implementation of government schemes including MG-NREGS and PM-Kisan until March 2023, according to data from the RBI’s Report on Currency and Finance.

3.2L cr: net worth of Shiv Nadar, co-founder HCL - the third richest person after Adani and Ambani (2024 Hurun Rich List)

3L cr: Tirumala Tirupati Venkateswara Temple, Andhra Pradesh | Located in the Tirumala hills of Tirupati, this temple sees around 50,000 visitors a day. It's one of the wealthiest temples in the world, with a net worth of Rs 3 lakh crore – more than the market capitalisation of IT services firm Wipro, food and beverage company Nestle and state-owned oil giants ONGC and IOC listed in the stock market. According to the white papers released by Tirumala Tirupati Devasthanams (TTD) in 2022, Lord Balaji’s Hundi in Tirumala has an annual income of Rs 1,400 crore. The temple earns through many sources, like precious metals, hair from devotees, interest amount on fixed deposits and hundreds of crores of rupees as donations to various TTD-run trusts. Built in the 10th century, the temple is spread over 16.2 acres. (21 Jan'24)

12 people were hung to death, and their dead bodies were left hanging on the walls of the Tirupathi temple. Many people claim that the deity had made an appearance at that time and the temple was later closed down 12 years.

2.9L cr: net worth of Cyrus S Poonawalla, the chairman and managing director of the Cyrus Poonawalla Group, which includes the Serum Institute of India, an Indian biotech company which is the largest vaccine manufacturer in the world and Poonawalla Fincorp a leading NBFC in India. (2024 Hurun Rich List)

2.5L cr: net worth of Dilip Shanghvi, founder and MD of Sun Pharmaceuticals (2024 Hurun Rich List)

2.5L cr: The SBI report, released on January 21 2024, sees the state gaining big from the Centre's Pilgrimage Rejuvenation and Spiritual Heritage Augmentation Drive (PRASHAD) scheme. Uttar Pradesh's own tax revenue is expected to be Rs 2.5 lakh crore in FY24, according to its Budget. Ram Mandir in Ayodhya and other tourism plans could bolster Uttar Pradesh's finances by Rs 20,000-25,000 cr in tax revenue, says an SBI report. 

2.4L cr: net worth of Kumar Manglam Birla (2024 Hurun Rich List)

2.3L cr:  India's biggest airline IndiGo on Tuesday placed a firm order for 300 Airbus A320 Neo family aircraft worth about $33 billion (almost Rs 2.34 lakh crore) at list price - making it one of the European aerospace major's largest orders ever with a single operator. (30 Oct'19)

2.3L cr: 10 years of PM Jan Dhan Yojana (PMJDY) forst announced on 15 Aug 2014, launched on Aug 28: 53 cr accounts opened (more than the population of the EU), ₹2.31 lakh cr deposits accrued. 57% account holders are women (30 crore, almost the same as the population of the US).
 (29 Aug'24)

2L cr: The total expenditure of Indian Railways at the end of the fiscal year 2022 was around two trillion Indian rupees. 

2L cr: “This could be the tip of the iceberg as some estimates put transactions in illegal offshore betting and gambling apps at over ₹2 lakh crore a year,” said Jay Sayta, a technology & gaming lawyer, who fears that people behind these apps would be unruffled by actions like freezing of mule accounts, seizing some Indian assets or arrests of some agents or low-level staff of these websites. (PMLA)

1.8L cr: Goods and services tax (GST) collection in India increased 10.3% year-on-year to Rs 1.82 lakh crore in July, according to official data released on Thursday, indicating continued economic momentum. Net GST revenue increased 14.4% to Rs 1.66 lakh crore. Refunds of Rs 16,283 crore were issued during the month, the data showed. The collection in June stood at Rs 1.74 lakh crore. The net GST collection from April to July amounted to Rs 6.56 lakh crore.

1.7L cr: Bharat Petroleum Corporation (BPCL) plans to invest 1.7 lakh crore over the next five years to grow its core oil refining and fuel marketing business as well as in ‘future big bets' of petrochemicals and green energy, its chairman G Krishnakumar has said. BPCL, currently, owns about 14% of India's oil refining capacity and about a quarter of the fuel retailing network. It plans to grow these businesses while foraying into newer areas.

1.6L cr: net worth of Niraj Bajaj, chairman of Bajaj group. (2024 Hurun Rich List)

1.5L cr: Construction of all 4 semiconductor units is progressing at a rapid pace and a robust semiconductor ecosystem is emerging near the units. These 4 units will bring an investment of almost Rs 1.5 Lakh crore. The cumulative capacity of these units is about 7 crore chips per day.

1.4L cr: DLF’s Rajiv Singh among wealthiest real estate developers: Hurun India Rich List 2024 (ranked 14)  followed by Mangat Prabhat Lodha and family of Macrotech Developers at 17th rank and a wealth of over ₹1.03 lakh crore. Chandru Raheja and family of K Raheja Group took the third spot among real estate developers at 44th rank with a wealth of ₹51000 crore followed by Vikas Oberoi of Oberoi Realty at 47th rank with a wealth of ₹46800 crore. Irfan Razack of Prestige Estate Projects was the biggest gainer at 51st rank with a wealth of ₹43600 crore. He has moved up 278 ranks from last year and has witnessed a wealth change of almost 178%, the Top 100 Hurun India Rich List 2024 showed. Atul Ruia of Phoenix Mills takes the 86th spot with a wealth of ₹31500 crore and Niranjan Hiranandani of Hiranandani Group is at number 93 with a wealth of ₹30000 crore, the 2024 Hurun India Rich List showed.

The report also noted that Dubai-based PNC Menon, founder and chairman of Sobha Group and originally from Palakkad, Kerala, has committed to building 50 homes for survivors of the Wayanad landslide. Menon is ranked 117th in the List with a wealth of ₹24,200 crore.

Adar Poonawalla, the chief of Serum Institute of India, known for its Covishield vaccine, has made headlines by purchasing London’s most extravagant home of the year. With a staggering price tag of around ₹1,446 crore, this mansion sets a new record in the city’s luxury property market. He is ranked fourth in the Rich List with a wealth of ₹2.89 lakh crore.

The 2024 Hurun India Rich List has been researched and compiled by the Hurun Research Institute for the 13 years running. The cut-off used was July 31, 2024 when the rate of exchange to the US dollar was ₹83.32. The list relates to individuals born or brought up in India, irrespective of their current residence or passport. Hurun Research only uses publicly available data. 

1.2L cr: With assets worth Rs 1,20,000 crore, Padmanabhaswamy Temple in Thiruvananthapuram, is the richest temple in the world. The riches include gold idols, gold, emeralds, antique silver, diamonds and brass. In 2015, a hidden treasure vault was discovered beyond the already well-documented Vault B inside the temple. According to legend, two enormous cobras protect the innermost hidden chamber. The temple is a replica of the famous Sri Adikesavaperumal Temple at Thiruvattar, and only Hindus are allowed entry.

1.1L cr: Reliance, TCS, HDFC Bank: Investors lose Rs 1.10 lk cr mcap amid Sensex, Nifty selloff (3 May'24)

1L cr: The Mahadev scam, which exposed the dark underbelly of India’s illegal betting apps, did not end with the closure of the shady application, a few arrests, and tracing a money trail from Chhattisgarh to Dubai. More than two dozen offshore gaming apps are currently under the scanner of the Enforcement Directorate (ED) for remitting and round-tripping funds, persons in the know told ET.

Sources in the federal probe agency suspect that losses suffered by gullible and ignorant gamblers could cross ₹1 lakh crore, with the money moved around as cryptocurrencies, payments for fake service imports, and investments in the stock market.

1L cr: Foreign portfolio investors (FPIs) invested Rs 11,366 crore in the debt market in August 2024 so far. This has taken the tally to Rs 1 lakh crore so far in 2024. (24 Aug'24)
Debt mkt investments by FPIs: 22,363 cr (Jul'24), 14,955 cr (Jun'24), and 8,760 cr (May'24)

They pulled-out 10,949 cr in Apr'24 from the debt mkt and 16,305 cr from equities in Aug'24 sofar.

65k cr: The name of 93-year-old Benu Gopal Bangur is also included in the list of top-100 rich people in Hurun India Rich List 2024, who is also the richest person in Bengal. This Indian billionaire is a big name in the cement sector and he is the executive chairman of Bangur Shree Cement. He is among the oldest billionaires in the Hurun list and his net worth is more than Rs 65,000 crore. Let us know how Benu Gopal took his family business to great heights and made his place among the richest people in the country. (2024 Hurun Rich List) - Aug'24

64k cr: ICICI Prudential Bluechip Fund - highest AUM in Large-cap category, SBI Blue-chip worth AUM 52k cr and Mirae Asset Large Cap worth 42k cr (Sep'24)

60k cr: If ISM has given approval to a Project for an eligible project cost or capex (as applicable) of ₹60,000 crore, for which Project will get fiscal support of ₹30,000 crores, then 0.01% financial 

quote given by Bidder would result in a total fee of INR 3 crore (=30,000*0.01/100) for this Project.

50k cr: The Jhunjhunwala family's wealth in listed firms, which had exceeded Rs 50,000 crore in the March quarter for the first time, saw a decrease of nearly 8% to Rs 47,053 crore by the end of the June quarter. This decline was attributed to the fall in stocks such as Titan, Crisil, and Sun Pharma Advanced Research, which dropped between 10% and 35% during the period.

47.5k cr: Radha Vembu, founder of Zoho, is the richest self-made woman on the list with a net worth of ₹47,500 crore. She is followed by Falguni Nayar, co-founder of Nykaa, with a net worth of 32,200.
The youngest billionaires on the list are Harshil Mathur and Shashank Kumar, both aged 33, founders of Razorpay – a payment solutions app. Kaivalya Vohra of Zepto, a $5 billion quick commerce startup, is the youngest on the 2024 Hurun India Rich List at 21 years old. His cofounder Aadit Palicha, 22, is the second youngest.

Asian Paints has 12 individuals in Hurun Wealth list 2024, followed by Alkem Labs (11), Tube Investment of India (8), Pidilite Industries (7), Amalgamations (6), Godrej (6), Page Industries (6).

40k cr: To remedy the situation, the government is understood to be working on an incentive scheme for electronic components. “The details are currently being worked out, but the overall outlay could be between Rs 30,000 crore - Rs 40,000 crore,” a second government official said requesting anonymity.

38k cr: Axis ELSS Tax Saver Fund (highest AUM amongst ELSS category), SBI Long-term Equity Fund AUM of 28k cr, Mirae Asset ELSS Tax Saver worth AUM 26k cr. 

32k cr: Foreign investors continued their relentless selling in the Indian equity markets in August, offloading shares worth Rs 21,201 crore due to the unwinding of the yen carry trade, recession fears in the US and ongoing geopolitical conflicts. This came after an inflow of Rs 32,365 crore in July and Rs 26,565 crore in June, data with the depositories showed. Before that, FPIs withdrew Rs 25,586 crore in May on poll jitters and over Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields.

30.7k cr: The Centre on Friday accorded approval to three big-ticket Metro projects for prominent cities - Bengaluru, Pune and Thane costing Rs 30,765 crore. Under the phase III of the Bangalore Metro Rail Project approved on Friday, there will be two elevated corridors comprising a length of 44.65 kilometres (kms) with 31 stations.

30k cr: Anil Agarwal-led Vedanta Ltd has prepared a war chest of Rs 30,000 crore with recent funds raised through a qualified institutional placement (QIP), offer for sale (OFS) and dividend to pursue further deleveraging and growth, sources said. Proceeds from the Rs 8,500-crore QIP of Vedanta Ltd, HZL's OFS of Rs 3,200 crore, and Rs 5,100 crore from the second interim dividend, coupled with existing cash reserves of Rs 13,000 crore, will lead to the creation of a Rs 30,000-crore war chest after the company receives all the funds, sources said. 

[:war chest: a reserve of funds used for fighting a war. / a sum of money used for conducting a campaign or business. "the party's election war chest"]

28.7k cr: Pankaj Chaudhary, MoS, Finance, told the Lok Sabha on Monday that in terms of number of accounts and amount disbursed towards education loans for state run banks, the Y-o-Y growth for FY24 was 17% and 14.8%, respectively. PSBs disbursed Rs 28,699 crore towards education loans during FY24.

28.6k cr: The cabinet committee on economic affairs has cleared the development of 12 new industrial cities/nodes with a total investment of Rs 28,600 crore, with the largest one spread over an area of 6000 acre to come up at Dighi port (MH) for engg and pharma industries. These cities will be spread across multiple states and are expected to generate around 10 lakh jobs. Basic infrastructure for these projects is aimed to be developed within three years. (30 Aug'24)

[Agra (UP) for leather and food processing; Pallakad (KL) for medicinal chemicals and botanical products; Prayagraj (UP), Khurpia (UK) at 1265 crore under Amritsar-Kolkata industrial corridor worth 6180 crore and employment potential to 75000 people, Jodhpur, Pali and Marwar (RJ), Rajpura and Patiala (PB), Zaheerabad (TA)] These projects have the potential to attract investments of over 1.5L crore (conservative est) and a little under 10 lakh direct jobs will be created. These cities lies on planned transport corridors. Tata in Dholera (GJ), Toyota in Shendra-Bidkin (MH), Dadri (UP) and Vikram Udyogpuri (MP). Switzerland and S'pore shown interest. NICDP . NDA govt approved projects worth 2.3L (29 Aug'24)

27k cr: BJP's expenditure of approx. Rs 27,000 crs. in 2019 Lok Sabha elections? The amount was 45% of the total expenditure of Rs 60,000 crore spent for 2019 election. 

24.7k cr: India generated in (tourism) foreign exchange in FY24, 22.5% of this was by B'deshi tourists, the largest share of any nationality. 9.23M foreign tourists in India in FY24

24k cr: The budgetary allocation to Defence Research and Development Organisation (DRDO) has been increased to Rs 23,855 crore in FY 2024-25 from Rs 23,263.89 crore in FY 2023-24. Of this allocation, a major share of Rs 13,208 crore is allocated for capital expenditure.

24k cr: AUM of ICICI Prudential India Opportunities Fund, the MF with highest AUM size in Thematic Mutual Funds category.

24k cr: As per the relevant provisions of the Indian Competition Act, conglomerate acquisitions where the size of the merged entity is either higher than Rs 8,000 crore in assets or Rs 24,000 crore in turnover in India have to be notified to the Competition Commission of India (CCI).

20k cr: the value of the IndiaAI mission will be doubled to Rs 20,000 crore from Rs 10,000 crore.

20k cr: Tata Sons Private Ltd. has reportedly surrendered its certificate of registration to the Reserve Bank of India (RBI) by repaying debt of about ₹20,000 crore to avoid a listing as mandated by the regulator. Tata Sons did not offer any comment. (27 Aug'24)

18k cr: In a significant development, the Cabinet Committee on Economic Affairs (CCEA) on Monday approved a new railway line project worth Rs 18,036 crore. The proposed new line between Indore and Manmad will provide direct connectivity and improve mobility, providing enhanced efficiency and service reliability for Indian Railways. The capacity augmentation work will result in additional freight traffic of magnitude of about 26 MTPA (Million Tonnes Per Annum). The Railways being environment friendly and energy efficient mode of transportation, will help both in achieving climate goals and minimizing logistics cost of the country, reduce oil import (18 Crore Litres) and lower CO2 emissions (138 Crore Kg) which is equivalent to plantation of 5.5 Crore trees. The project is result of PM-Gati Shakti National Master Plan for multi-modal connectivity which have been possible through integrated planning and will provide seamless connectivity for movement of people, goods and services.

17k cr: Gautam Adani plans handover of Rs 17 lakh crore empire to heirs by 2030 – Meet Karan Adani, Jeet Adani, Pranav Adani, and Sagar Adani

15.8k cr: net worth of Murlidhar Gyanchandani, Co-founder - Ghadi Detergent (Kanpur), making him the richest person in UP - Aug'24

15k cr: [Shark] Ritesh Agarwal's net worth is estimated to be around ₹15,000 crore. Achieving such a significant net worth at the age of just 30 makes this entrepreneur and one of the new Sharks, one of the youngest billionaires in India.

15k cr: On operationalisation of Phase-3, Bengaluru city will have 220.20 Km of active Metro Rail Network. The total completion cost of the project is Rs 15,611 crore.

15k cr: Set at an altitude of 5,200 ft, this temple is considered one of the 108 Shakti Peethas dedicated to goddess Durga, who is worshipped as Vaishno Devi. One of the richest temples in India the shrine received over 1,800 kgs of gold (12k crore), 4,700 kilos of silver (37 crore), and a whopping Rs 2,000 crore cash in the last two decades (2000-2020) as donation. While the exact history of the caves and how they came to be remain unknown, a multitude of studies carried out on the sacred caves indicate that the temple is a million years old.

13k cr: [Shark] In 2009, Ronnie Screwvala earned a spot on Time Magazine's list of the 100 most influential personalities. Media reports indicate that he holds the title of the wealthiest individual in Bollywood, boasting a net worth of Rs 12,800 crore.

12.5cr: The name of India's smallest airport is Balzac. Which is located in Meghalaya. The length of its runway is 1 km, only one airplane can land on this runway. This airport was built for Rs 12 crore 52 lakh. Which was completed in the year 2008.

12k cr: Therefore, a rough estimate suggests that a one-point change in the Sensex could move approximately ₹11,655 crore ($14.2 billion).

12k cr: the total amount encashed via the electoral bonds was Rs 12,145.87 crore. While the BJP’s donor list had nine companies who gave over Rs 100 crore to the party, the Congress and Trinamool Congress had only two each, and two regional parties, BRS and DMK, had one donor each.

12k cr: The third project is the Thane Integral Ring Metro Rail Project corridor. The 29-km corridor will run along the periphery of the west side of Thane city with 22 Stations. The network is encompassed by Ulhas River on one side and Sanjay Gandhi National Park [SGNP] on the other. The estimated cost of the project is Rs 12,200.10 crore, with equal equity from the Centre and Government of Maharashtra as well as part-funding from bilateral agencies.

11k cr: BHEL receives Rs 11,000 crore order from Adani Power, its subsidiary Mahan Energen. (27 Aug'24)

10.5k cr: net worth of Bimal Kumar Gyanchandani, Co-founder - Ghadi Detergent (Kanpur) ), making him the second richest person in UP - Aug'24

10k cr: India minted a new billionaire ($1 billion) every 5 days in 2023: Hurun rich list 2024

9.8k cr: net worth of Sachin Agarwal, Chairman and MD, PTC Industries, Lucknow making him the third richest person in UP. Incorporated in 1963 as a private limited company PTC Industries Ltd previously known as Precision Tools & Castings was promoted by the late B J Agarwal N K Agarwal and J K Agarwal. It became a public limited company in Aug. '94. Its manufacturing unit is located at Aishbagh Lucknow. - Aug'24

8k cr: Ghadi Detergent powder is a detergent manufactured by RSPL Limited, a Kanpur based company with a net worth of more than 8,000 crore as a diversified conglomerate in India. The detergent brand was founded by Muralidhar Gyanchandani and Bimal Kumar Gyanchandani in 1988.

7.8k cr: Vodafone Idea's losses narrowed to ₹6,434 crore for the quarter ended June 2024, from ₹7,674 crore the year before, while revenues shrunk marginally to ₹10,508 crore from ₹10,606 crore, even as it recorded 12 consecutive quarters of 4G subscriber additions taking its 4G base to 126.7 million.

7.7k cr: Lachhman Das, Amrit Bottlers Pvt Ltd, Faizabad, UP - 4th richest person in the state. - Aug'24

7.6k cr: Hitesh Oberoi, InfoEdge, Noida, UP - 5th richest person in the state. - Aug'24

7.3k cr: With an estimated wealth of Rs 7,300 crore, Bollywood superstar Shah Rukh Khan has made it to the 2024 Hurun Rich List. Mr Khan, 58, has built a business empire beyond the silver screen. His production house, Red Chillies Entertainment, and his stake in Kolkata Knight Riders, who won the Indian Premier League 2024, have played pivotal roles in his growing wealth. When it comes to social media presence, Mr Khan is an undisputed King there as well. With an impressive 44.1 million followers on X, he tops other billionaires and celebrities on the list.

7.2k cr: The Reserve Bank of India (RBI) on Monday said 97.96 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,261 crore worth of the withdrawn notes are still with the public. On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation. (Sep 3, 2024)

7k cr: Unified Pension Scheme (UPS) by GoI for 23 lakh central govt employees, an overhaul to 20YO NPS scheme.

6.5k cr: Two new railway lines (from Sardega (OD) to Bhalumuda (CG); 37kms; 1360 cr; provide connectivity to 1300 villages, 11 lakh population) & a multi-tracking project (121 km of the Jamshedpur-Purulia-Asansol; 2170 cr; improve major trunk routes Delhi-Howrah and Howrah-Mumbai; enhance connectivity to 1300 villages, 19 lakh population) approved, adding 300 km to rail network by FY29 set to benefit Odisha, Jharkhand, WB and CG.  (30 Aug'24)

6k cr: According to the SBI data, the Bharatiya Janata Party (BJP) was the biggest beneficiary of its electoral bonds scheme, which the ruling party had introduced in 2019. The richest national party received donations to the tune of around Rs 6,000 crore from various companies, mainly Megha Engineering, Qwik Supply Chain, Vedanta, and Bharti Airtel, among others.

6k cr: Tata's Rs 6K cr Hosur plant (250 acres) for iPhones likely to start operations in November.

6k cr: Vedanta, the mining major's debt stood at Rs 6,130 crore as of June 30, 2024

6k cr: Mr Ajay Kumar's involvement is notably seen in the 6,000 crores Amrapali mega scam. PMLA (25 Jan'21)

5.4k cr: Dinesh Chand Agarwal, IndiaMart, Noida, UP - 6th richest person in the state. - Aug'24

5.5k cr: India launches biggest ever tender worth Rs 5,500 cr for 5,580 electric buses. New Delhi: State-run Convergence Energy Services Ltd (CESL) on Thursday launched the biggest ever tender worth about Rs 5,500 crore to procure as many as 5,580 electric buses including 130 double deckers. (20 Jan'22)

5k cr: Among the notes in circulation, Rs 500 notes are the most voluminous, with a total of 5,163 crore notes in circulation as of FY23, followed by Rs 10 and Rs 100, with 2,621 crore and 1,805 crore notes in circulation, respectively, according to central bank's annual report. (30 May'23)

5k cr: Vedanta continued to deliver strong quarterly numbers. For the first quarter, profit after tax grew 54 per cent year-on-year (YoY) and more than doubled on a quarter-on-quarter basis to Rs 5,095 crore.

4.8k cr: A Rs 12-crore IPO for Resourceful Automobile, a Delhi-based two-wheeler dealership with two showrooms and eight employees, received bids worth about Rs 4,800 crore - oversubscribed nearly 400 times. Resourceful Automobile offered 10.2 lakh shares at a fixed price of Rs 117. The issue opened on Aug 22 and closed on Aug 26 (Monday). According to BSE data, at close of subscription window on Monday evening, there were bids aggregating nearly 40.8 crore shares, translating to 398 times subscription. City-based Swastika Investmart is the merchant banker to the issue.

4.6k cr: Among others from Bollywood are actress-businesswoman Juhi Chawla, with a wealth of Rs 4,600 crore (second-highest) (2024 Hurun Rich List)

4.5k cr: Alakh Pandey, Physicswallah, Prayagraj, UP - 7th richest person in the state. - Aug'24

4.1k cr: Yashish Dahiya, Chairman & CEO, PB FinTech, Noida, UP - 8th richest person in the state. He started Policybazaar.com in 2008, which leads Indian digital insurance sales with over 2Bn USD of premiums, and over a million customers per month. - Aug'24

4.1k cr: Anil Kumar Singh, APCO Infra, Lucknow UP - 9th richest person in the state. - Aug'24

4.1k cr: of equity support for hydel projects to NE states, to gen total capacity of 15GW. To be spent by Apr'32 (FY32). grant upto 750 crore/project

3.7k cr: Brijesh Agrawal, Co-Founder and Director at IndiaMART, Noida, UP - 10th richest person in the state. and one of the 'arabpati' out of the total 36 in the state - Aug'24

3.6k cr: Kaivalya Vohra, 21, Zepto co-founder, is the youngest on the Hurun India Rich List 2024 with ₹3600 crore net worth, for the third time. (2024 Hurun Rich List)

3.3k cr: Union Cabinet approves OSAT proposal of Kaynes Semicon to set up in Sanand, Gujarat. Cabinet approves Rs 33,00-crore project to make 63 lakh chips a day. Briefing newspersons after the Cabinet meeting, Information and Broadcasting Minister Ashwini Vaishnaw said in the first 85 days of its term (Modi 3.0), the government has already approved infrastructure projects worth Rs 2.50 lakh crore. In the semiconductor sector, four projects have been already approved. They are making good progress, he said, and the first project is expected to turn out Made in India chips by the middle of next year (Jun 2025). Semiconductors are a base industry like the steel industry which helps the growth of other industries, Mr Vaishnaw said. The semiconductors are used in the auto, mobile, electronic, and home appliances industries. Everything that switches on or off requires a semiconductor, he said. India wanted the chips industry to develop from 1962, he said. After the first four projects, the project approved on Monday for Sanand is a major one. The proposed unit will be set up with an investment of Rs 3,300 crore with a manufacturing capacity of 63 lakh chips a day. It will come up on a 46-acre plant and all its production is already booked for use. Thirteen companies are designing chips after government incentives.

3k cr: [Shark] Transitioning from a software engineer to a flourishing entrepreneur and now a judge on Shark Tank India, his trajectory is truly remarkable. Amit Jain's substantial net worth of Rs. 3017 crores, coupled with his thriving business, cements his enduring influence in the business realm.

3k cr: The project, aimed at providing seamless connectivity in Pune, is set to be completed by February, 2029. The estimated cost of the project is Rs 2,954.53 crore.

2.91 cr: RBI slammed fine on Axis bank (1.91 cr) for contravention of certain provisions of the Banking Regulation Act, and non-compliance with certain directions on ‘Interest Rate on Deposits’, ‘Know Your Customer (KYC)’ and ‘Credit Flow to Agriculture-Collateral free agricultural loans’ and HDFC (1 cr) for non-compliance with certain directions on 'interest rate on deposits', 'recovery agents engaged by banks' and 'customer service in banks', the press release said.

2.8k cr: एनएचएआइ बरेली से सितारंगज तक 2857 करोड़ से 71 किमी. फोरलेन बना रहा है। इसमें बरेली में 27.750, पीलीभीत में 30.650 और ऊधम सिंह नगर में 12.40 किमी है। 71 किमी के फोरलेन में 46 किमी के आठ बाईपास बनाए जाएंगे। बाईपास दुर्घटनाओं को रोकने में कारगार साबित होंगे। 46 गांव के किसानों से ली जा रही भूमि के लिए 100 से अधिक किसानों को रविवार तक 66 करोड़ रुपये से अधिक का मुआवजा बांट दिया गया। एनएचएआइ अधिकारियों के अनुसार 80 प्रतिशत किसानों को मुआवजा राशि बांटने के बाद सड़क निर्माण शुरू कर दिया जाएगा। हाईवे निर्माण के लिए बीते वर्ष मैनपुरी की राज कार्पोरेशन लिमिटेड को टेंडर जारी कर दिया गया है। बीपी पाठक, पीडी, एनएचएआइ (20 Aug'24).

2.7k cr: Water treatment player VA Tech WABAG has secured an order from Saudi Water Authority worth $317 million (Rs 2,700 crore) for setting up a Mega Sea Water Desalination plant in Saudi Arabia, the company said on Friday. The Engineering, Procurement, Construction and Commissioning (EPCC) contract including design and supply of the 300 million litres per day mega desalination plant which would be developed on a greenfield site in the west coast of Kingdom of Saudi Arabia.

2.5k cr: According to some reports, an Airbus A350-900 aircraft is priced above Rs 2,494 crore ($300 million). Air India borrows Rs 997 crore from Japan's SMBC to buy Airbus plane (20 Dec'23)

2.5k cr: Guruvayur Temple, Kerala. the temple is home to a sizable collection of precious stones, silver, and gold donated by followers. Net worth: ₹2500 crores. (22 Aug'24)

2k cr: [Shark] New Shark Deepinder Goyal’s estimated net worth is valued at Rs 2030 crore. In 2022, Goyal contributed ESOP shares valued at Rs 387 crore to the Zomato Foundation, which is committed to supporting the welfare of the company's delivery partners, elevating the total value of his ESOP proceeds to nearly Rs 700 crore.

2k cr: No Vistara Flights Post-Nov 12: Vistara Merger into Air India and FDI Nod From Singapore Airlines (2059 crore for 25.1%) Vistara has been a JV between Tata Group and SAI 51%-49%.

2k cr: Actor Hrithik Roshan, owner of athleisure brand HRX has a wealth of Rs 2,000 crore (third-highest in Bollywood). (2024 Hurun Rich List)

1.8k cr: spent on Ram Lalla consecration so far in FY24, additional 850 crores planned for FY25 - SRJ Teerth Kshetra Trust.

1.8k cr: Guruvayur Devaswom, Guruvayoor, Kerala | This centuries-old shrine where lord Vishnu is worshipped as Krishna, draws thousands of devotees from across the country and the globe every year. According to an RTI reply in 2022, this famed temple possesses bank deposits to the tune of Rs 1,737.04 crore and land of 271.05 acres. This is apart from immense collection of gold, silver and precious stones, received as offering from devotees. Set in the Thrissur district, this temple is also known for its elephant festival. Devotees from all over the world gather to witness magnificently dressed elephants. These elephants are then paraded for various performances.

1.6k cr: Est annual collection of Tirumala Tirupati Venkateswara Temple ₹1,450 - ₹1,613 crore Tirupati, Andhra Pradesh

1.6k cr: legendary actor Amitabh Bachchan, with a wealth of Rs 1,600 crore, primarily thru investments (2024 Hurun Rich List)

1.5k cr: 1550 cr - The Bagdogra airport, once completed with a cost of Rs 1,549 crore, the capacity of the civil aviation facility will increase to 25 lakh to 1 crore per annum. It is expected to be completed by 2027. The Bihta Airport capacity will be 50 lakh per annum and it will be completed by 2026 with a cost of Rs 1,413 crore.

1.4k cr: Karan Johar, owner of production house Dharma Productions, with a wealth of Rs 1,600 crore. (2024 Hurun Rich List)

1.3k cr: 1368 cr - Highest purchase of electoral bonds by an entity by 'lottery king' Santiago Martin's Future Gaming and Hotel Services. Donates Rs 540 cr to TMC, Rs 509 cr to Tamil Nadu's ruling party DMK, nearly Rs 160 crore to Andhra Pradesh's YSR Congress Party, Rs 100 crore to BJP and Rs 50 crore to Congress. The two parties of Sikkim, one of the few states where lottery is legal, together got less than Rs 10 crore from Future Gaming.

1.2k cr: Anand Chandrasekaran (45YO) becomes top angel investor 3rd time in a row, Kunal Bahl a close second: Hurun India. Anand Chandrasekaran, former partner at General Catalyst, has emerged as the top angel investor for the third consecutive year in India to have 20 investments into upcoming unicorns, according to Hurun India Future Unicorn Index 2024, released on June 20. Major soonicorns in his portfolio include SaaS Labs, MoEngage, Safe Security, and InVideo. Kunal Bahl came a close second with 11 investments into upcoming unicorns. This year, Bahl has beaten Kunal Shah to rise to the second rank. Bahl’s prominent investments as an angel include Bira 91, MoEngage, Shadowfax and Agristar. Shah has nine future unicorns in his kitty, these are Scaler, Khatabook, Mosaic Wellness, and Dezerv to name a few.

1k cr: India now has 1,539 people with a net worth of over Rs 1,000 crore, according to the 2024 Hurun India Rich List. This is a big jump of 220 people from last year.

1k cr: Touted as the most expensive film to be produced in India at a reported budget of Rs 600 crore, "Kalki 2898 AD" also stars Disha Patani, Saswata Chatterjee and Shobhana. The juggernaut of "Kalki 2898 AD" shows no signs of slowing down as the sci-fi spectacle is the latest Indian film to hit the Rs 1,000 crore milestone in box office collections worldwide. Previously, "Pathaan" and "Jawan", both starring Shah Rukh Khan, SS Rajamouli's "RRR" and "Baahubali: The Conclusion", Aamir Khan-starrer "Dangal", and "KGF: Chapter 2", featuring Yash, earned over Rs 1,000 crore at the global box office.

966 cr: The second-biggest donor is known to be Hyderabad-based Megha Engineering, which has given Rs 966 crore to various parties including BJP, Bharat Rashtra Samiti and DMK.

908 cr: ED slaps penalty on DMK MP in FEMA violation case after seizing property of 89 crore.

837 cr: How Amrapali cheated 49,000 homebuyers, according to Supreme Court. The verdict states that these funds were then diverted to other companies created by Amrapali and its directors by paying “professional fees” or generating “bogus bills” to the tune of Rs 837 crore. This also includes amounts earned by selling flats at “undervalued prices”, or cheaper than market rates. The investigation began with the fact that Amrapali was due to pay a colossal amount of Rs 5,500 crore to the Noida and Greater Noida Authorities. Meagre instalments were paid from 2010 to 2013, but “defaults continued to exist in the nature of premium money, lease money and also compensation to farmers whose land was acquired”. (24 Jul'19)

785 cr: Nod to e-auctions for 730 FM radio channels in 234 new cities, it is 3rd such phase under the Pvt FM Radio (Phase III) Policy

720 cr: [Shark] Although his sound accessories brand holds a valuation of Rs 9800 crore, Aman Gupta's personal net worth hovers around 720 crore. He earned the title of Entrepreneur of the Year in 2020. He invested more than 100 crore in the second season of Shark Tank India.

718 Cr: Delhi: How the transfer of an officer uncovered a massive GST fraud involving 500 fake companies. ACB Chief Joint Commissioner Madhur Verma highlighted the nature of the fraud: “Input tax credit has been taken against fake invoices amounting to Rs 718 crore. In the case of 15 firms, there was neither Aadhaar authentication at the time of registration nor physical verification of the firm. Five firms were found registered under the same PAN/email ID/mobile number, which was used for multiple GSTIN registrations.”

705 cr: CM Yogi inaug job fair (and 305 projects; 63 cos hired 5000 youths), distributes loans to MSME units (worth 35 crore), tablets and smartphones (to 1500 students under Vivekanand Youth Empowerment Scheme) in Aligarh

700 cr: Sri Padmanabhaswamy Temple ₹650 - ₹700 crore/annum Thiruvananthapuram, Kerala

650 cr: Venkateswara temple is located in between the Tirumala hills of Tirupati. Tirumala experiences around 30000 pilgrims on daily basis. It is the richest temple in India and makes around $0.75 million per day from selling laddus and gets an annual donation of $650 million (Rs 650 crore). India .com

600 cr: While conventional railway projects generally cost between ₹8 crore and ₹12 crore per kilometer, metro railway projects can range from ₹150 crore to ₹600 crore per kilometer depending on the construction method and location. (24 May'24)

600 cr: [Shark] Through dedication and expertise, he has become a beacon of motivation for budding entrepreneurs. As of 2024, Lenskart founder Peyush Bansal's net worth is estimated to be approximately Rs. 600 crores.

600 cr: [Shark] With a net worth of Rs. 600 crores, Namita Thapar primarily derives her income from her role as the Executive Director of Emcure Pharmaceuticals. Additionally, she has diverse revenue streams, including her own business venture, earnings from her role as a Shark at Shark Tank India, and her investment portfolio.

540 cr: cost of building Ram Lalla temple in Ayodhya

519 cr: Highest electoral bond donation to BJP by Megha Engineering- a Hyderabad-based infrastructure firm- donated Rs 519 crore. It was the highest donor. Qwik Supply was the second highest donor with Rs 375 crore. Vedanta, Bharti Airtel, and Madanlal Ltd each gave Rs 226 crore, Rs 183 crore, and Rs 175.5 crore. Other significant contributors included Birla Carbon India (Rs 105 crore) and lottery firm Future Gaming and Hotel Services (Rs 100 crore), among others.

500 cr: estimates suggest that it could take anywhere between Rs. 100 crore to Rs. 500 crore to move the Nifty by one point.

500 cr: [Shark] Azhar Iqubal, 31, has an estimated net worth of Rs 500 crore. He dropped out of IIT to start his business venture. Speaking about entering Shark Tank India as a Shark, Azhar had told ETimes TV, “The first thought was getting the recognition. Shark Tank India has brought business to the mainstream. It has become ghar-ghar ki baatein. Through this show, people will start recognizing our brand better. This will work as a benefit.”

500 cr: Sabarimala Ayyappa Temple, Kerala | The temple was built in 2005 by Sadhu Swami Maharaj and cost $150 million to build and is located on the bank of River Pampa. The temple is worth 500 crores.16 Nov 2022

500 cr: Golden Temple ₹500 crore/year Amritsar, Punjab

500 cr: Vaishno Devi Temple ₹500 crore/year Katra, Jammu and Kashmir

500 cr: Average turn-over of indian sugar mills. Chadha Sugars And Industries's operating revenues range is INR 100 cr - 500 cr for the financial year ending on 31 March, 2022. FY22. Dhampur Sugar Mills Limited's operating revenues range is Over INR 500 cr for the financial year ending on 31 March, 2023. Financials. In FY21, the company reported a revenue of ₹4,698.33 crore (US$563 million) with a profit (EBIT) of ₹505.14 crore.

500 cr: Revenue / turnover of NOREX FLAVOURS PRIVATE LIMITED is INR 100 cr - 500 cr.

472 cr: CBI Books Amrapali Group Directors For Defrauding Union Bank Of India Of Rs 472 Cr (4 Feb'22)

422 cr: MTNL has defaulted on bank loan payments worth Rs 422.05 crore, a regulatory filing said on Monday. The total default amount comprises Rs 328.75 crore default on instalment of principal and Rs93.3 crore towards interest on debt for June and July.

410 cr: Qwik Supply, the third largest donor to political parities using electoral bonds, bought Rs 410 crore bonds between 2021-22 and 2023-24, and gave Rs 395 crore to the BJP and Rs 25 crore to the Shiv Sena. Qwik Supply Chain Private Ltd, a little-known company with a registered address at Navi Mumbai's Dhirubhai Ambani Knowledge City (DAKC) and having links to Reliance Industries, is described as a manufacturer of warehouses and storage units, gave no money any other political party.

400 cr: Shirdi Sai Baba Temple ₹400 crore/year  Shirdi, Maharashtra

365 cr: total income of Ram Lalla temple in FY24. (204 thru bank interest, 60 cr of cash and cheques from domestic devotees at the counter, 25 crore put in donation box, 70 crore from online deposits, and 11 crore in FCRA account of the trust from NRIs.) 

311 cr: DLF has filed an FIR against company’s former CFO and MD of rental arm, Ramesh Sanka, accusing him of blackmailing the company to agree to his terms on a deal to extort Rs 311 crore and threatening to misuse and leak confidential data allegedly stolen during his decade-long association with the country's biggest property company.

300 cr: [Shark] Vineeta Singh, An alumna of IIT and IIM, the CEO and founder of Sugar Cosmetics chose to decline a Rs 1 crore job offer to pursue her dreams, serving as a beacon of inspiration for many. She made appearances on both season one and season two. Her estimated net worth stands at approximately Rs 300 crores.

300 cr: Kapil Sharma is known as one of the wealthiest and highest-paid comedians in India. According to several reports, Kapil Sharma has a net worth of over Rs 300 crore and gets paid around Rs 50 lakhs for each episode of his shows. (as of 2 Apr 2024) Sunil Grover's net worth is estimated to be around Rs 21 crore. Although detailed financial information is scarce, Grover's earnings come from television shows, brand endorsements, and live performances. During his time on "The Kapil Sharma Show," he earned approximately Rs 10-15 lakh per episode. (Jul'24)

Kapil Sharma returned with his show but this time on Netflix called The Great Indian Kapil Show. And according to a report by Zee Hindustan and quoted by DNA India, he's charging over five crore per episode which means Rs 26 crore for five episodes. Sunil Grover is charging Rs 25 lacs per episode. (6 May 2024). According to various media reports, the comedian used to charge 10 – 12 lakh per episode as her fee for the comedy show. Initially, Bharti played Babli Mausi and Lalli on the show. According to Zee News, Archana Puran Singh is taking home a handsome payment of Rs. 10 lakhs per episode. (3 May 2024). Other cast members like Krushna Abhishek command Rs 10 lakh per episode, while Kiku Sharda and Rajiv Thakur receive Rs 7 lakh and Rs 6 lakh, respectively. When Kapil's show shifted to Sony TV, he was paid a whopping 35 lakh per episode for the show! For 130 episodes, he earned 45.50 crore. (28 Mar 2024) Dilip Joshi aka Jethalal is one of the most popular and entertaining characters of Taarak Mehta Ka Ooltah Chashmah. Over the years he has managed to win hearts of the audience and become a household name. He charges approximately Rs 1.5-2 Lakh for each episode of the TV serial.5 Dec 2023. How much does the beautiful and hot star cast of TMKOC Babita Ji charge? Munmun Dutta takes around 60,000 to 70,000 per episode. How much does TMKOC's Babuji charge? TMKOC's Babuji Amit Bhat charges 70,000 to 75,000 per episode.8 Jun 2024. Sonalika Joshi plays the role of Madhavi, Bhide's wife, on the TV show Taarak Mehta Ka Ooltah Chashmah. She is famous for her pickle and papad business in the show. She earns Rs 35,000 for each episode she appears in.

270 cr: Located in the heart of Amritsar, the Golden Temple is one of the most iconic religious centers in the country. The shrine was constructed with the help of Guru Arjan, the Fifth Sikh Guru. The building process started in 1581 and took about eight years to finish. Guru Nanak, the first Sikh Guru, used to meditate here before the temple was constructed. About 400 kg of gold (270 crore, Aug'24) has been used to make the upper floors of this temple, hence it is called ‘The Golden Temple.’ The annual income of the shrine is reported to be Rs 500 crore.

243 cr: Google-backed edtech startup Adda247 saw strong growth in FY24, with revenue nearly doubling to Rs 243.39 crore from Rs 129.65 crore in the previous year (88% jump). They also made significant progress on profitability, slashing their net loss by two-thirds to Rs 101 crore, down from Rs 296 crore in FY23.

202 cr: UK govt to replace trolleys with bridges at 23 critical locations, out of 31 identified ones.

192 cr: This intricately carved honey-coloured temple in Gujarat is believed to be the place where the first of the 12 jyotirlingas emerged in India. Although the wealth of the temple remains undisclosed, its interior has 130 kgs of gold (88 crore) and another 150 kg (100 crore) on its shikhar. In 2023, the temple trust deposited around 6 kg of gold (4 crore) under GMS and holds assets including 1700 acres of land. Shivratri (usually in February or March) and Kartik Purnima (close to Diwali) are celebrated with great enthusiasm here.

185 cr: [Shark] As of 2024, Anupam Mittal, an Indian entrepreneur and angel investor, is estimated to have a net worth of Rs. 185 Crores. His wealth accumulation stems from prosperous business endeavors, shrewd investments, and appearances on television.

177 cr: CBI Books Amrapali Silicon City For Rs 177-Crore Bank Fraud on complaints of Bank of Baroda consortium.

150 cr: Jagannath Temple, built in the 11th century by king Indradyumna, is the abode of Jagannath who is a form of lord Vishnu. It is the most revered pilgrimage site for Hindus and is included in the holy Char Dham Yatra along with Badrinath, Dwarka and Rameshwaram. As per reports, the net worth of this temple is Rs 150 crores, and it owns around 30,000 acres of land registered under the name of Lord Jagannath.

128 cr: In terms of yearly income and gifts, this two-century-old temple in Mumbai’s Prabhadevi is among the richest in India. The temple's main deity wears 4 kg of gold (2.7 crore, Aug'24). Additionally, a Rs 125 crore net worth and a daily income of Rs 30 lakh from contributions have been reported. The outstanding feature of the Ganesh deity here is the tilt of the trunk to the right side. The idol has four hands (Chaturbhuj), which contains a lotus in upper right, a small axe in upper left, holy beads in the lower right and a bowl full of modaks (a perennial favourite with the lord).

125 cr: Swaminarayan Akshardham Temple | New Delhi, Delhi | Other assets: Over 20,000 sculptures of Acharyas, swamis, and devotees, 234 carved pillars, 9 domes, 20 spires, and open gardens. Net worth: ₹125 crores.

107 cr: [Shark] Founder and CEO of ACKO, Varun Dua’s estimated net worth is Rs 107 crores. Varun completed his undergraduate studies at the University of Mumbai. Subsequently, he pursued a master's program at the Mudra Institute of Communications, situated in Ahmedabad, India.

104 cr: Cost of making 1 Vande Bharat: Total cost 104.35 crore. Cost of making one coach is around 6.52 crore. 408 such coaches are made till Aug 2023 with a whopping total cost of 2732.72 crore. (15 Feb'24)

100 cr: Annual collection of 9. Swaminarayan Akshardham Temple, New Delhi: ₹60 - ₹100 crore (estimated)

100 cr: 'Indian 2' earns ₹100.75cr domestically; ₹50.25cr overseas. The original Indian film, released in 1996, grossed approximately ₹58 crore in India. Adjusted for inflation, this would amount to a staggering ₹800 crore today.

100 cr - An Airbus A320 costs around 98.95 crore or $11.8 million in India.

100 cr: Somnath Temple ₹50 - ₹100 crore/year Veraval, Gujarat (in last in top 10 wealthiest temples ito annual collection)

90 cr: गोरखपुर में एक सैनिक स्कूल बनाने के लिए राज्य सरकार की ओर से 90 करोड़ रुपए बजट दिए गए हैं. 

85 cr: Shah Rukh Khan's production company Red Chillies Entertainments has earned a net profit of ₹85 crore for the fiscal year ended March 31, 2023 (FY23). Red Chillies Entertainment earns 360 crores from JAWAN, 220 crores from PATHAAN 

75 cr: नाथ नगरी के नाम से विख्यात बरेली में श्रद्धालुओं के लिए आवश्यक सुविधाओं के विकास के लिए पर्यटन विभाग द्वारा 75 करोड़ से विभिन्न कार्य कराए जाएंगे। इसमें सभी आवश्यक बुनियादी सुविधाएं शामिल होंगी। इस कार्य के लिए चालू वित्तीय वर्ष में 25 करोड़ की धनराशि स्वीकृत की गयी है। यह जानकारी पर्यटन एवं संस्कृति मंत्री जयवीर सिंह ने दी।
उन्होंने बताया कि पर्यटन विभाग नाथ कॉरिडोर में 75 करोड़ रुपए से मढ़ीनाथ, तपेश्वर नाथ, पशुपति नाथ, अलखनाथ, धोपेश्वर नाथ, त्रिवटी नाथ, वनखंडी नाथ मंदिर व तुलसी मठ के परिसर में पर्यटक सुविधाएं मल्टीपर्पज हॉल, पेयजल सुविधा, बेंच, फसाड लाइटिंग, शौचालय सहित अन्य कार्य कराएगा। इसके अलावा कांवड़ आश्रय स्थलों पर विश्रामालय, शौचालय और पेयजल सुविधा विकसित की जाएगी। नाथ मंदिरों के प्रमुख मार्गों पर साइनेज, होर्डिंग आदि लगाई जाएंगी।

48 crore pilgrims visited in FY24 | Nath Corridor, Bareilly

65 cr: Indian Railways revealed intentions to build a long-distance, non-air-conditioned train with sleeping quarters and other amenities in July 2023. The train sets are produced at a cost of Rs 65 crore each by Integral Coach Factory in Chennai.13 Jun 2024

65 cr: This hugely popular temple located at 296 km from Mumbai receives over 25,000 devotees from all over the globe every day. The temple was constructed in 1922 and the throne on which Sai Baba sits is made of 94 kg of gold (63.5 crore, Aug'24). Devotees made donations worth more than Rs 400 crore to the Shri Saibaba Sansthan Trust (SSST), Shirdi, in 2022. The donations were in form of cash, payments through cheques and demand drafts, online payments, as well  as gold and silver. The temple trust runs two hospitals where treatment and medicines are provided to patients for free. Moreover, it runs a prasadalaya where over 50,000 to 1 lakh devotees are provided free food everyday.

50 cr: Bareilly: हाईवे भूमि अधिग्रहण में ₹50 करोड़ के घोटाले का भंडाफोड़, पीडी समेत एनएचएआई के दो बड़े अफसर सस्पेंड. (27 Aug'24)

45 cr: A dual-mode locomotive is estimated to cost about Rs 18 crore, while a 4500 HP diesel locomotive costs about Rs 13 crore. Electric locomotives are only for tracks which have been electrifies. Electric locomotive cost is about ₹45 crores a piece. (22 Feb'16)

45 cr: Ms SN Mohanty is the biggest individual donor in the list with total donations of ₹45 crore. She is followed by Lakshmi Niwas Mitttal who donated ₹35 crore. 

41 cr: [Shark] According to estimates, MD and CEO of Edelweiss Mutual Fund - Radhika Gupta's net worth is approximately Rs. 41 crores. The new judge on Shark Tank, Radhika, has emphasized that her investments in startups during Shark Tank India Season 3 will be made personally.

27 cr: Dhruv Rathee is one of the most generously compensated YouTuber in India. As per a report on Jagran site, Dhruv Rathee's total assets is Rs 27 crores and that his month to month pay is around Rs 48 lakhs. In spite of the fact that, there may be resources of Dhruv Rathee yet the data isn't public.

25 cr: amount put in donation box at Ram Lalla temple in FY24 - SRJ Teerth Kshetra Trust

17 cr: Hero MotoCorp said it has received ademand notice of over Rs 17 crore from the Delhi GST authorities. The company got an order for disallowance of input tax credit for FY20. However, the tax demand is not maintainable in law, the company has said.

16.8 cr: received as salary and other compensation (probably ESOPs) by SEBI chairperson Madhabi Puri Buch from ICICI since 2017. She retored on Oct 31, 2013 and ICICI ESOPs had validity of 10 years from the date of vesting.

120mm rainfall in 2 hrs - Gujarat 2014 

12 cr: Budget for dev of 45 new villages marked under Nagar Palika Amroha. Sewage lines, Roads, Street Lights and Drinking water.

9 cr: However, the one Vande Bharat (proposed) Sleeper Coach cost comes around Rs 8-9 crore (9 Mar'24)

6 cr: The temple is called the “Golden Temple” because its spire is studded with gold. The Meenakshi Temple was built in the 17th century and is now believed to be worth 6 crores. (28 Sep'23)
Meenakshi temple is located in the temple city of Madurai. The enormous temple receives around one million visitors during its annual 10-day Meenakshi Tirukalyanam festival, which is celebrated through April and May, and gets richer by six crores or 60 million rupees every year. Set on the banks of the Vaigai river, Meenakshi Temple is widely recognised for its architecture and 14 multi-tiered gopuram. The main deity of the temple is goddess Meenakshi, the wife of Sundareshwar (lord Shiva). It is one of the few temples in India that attracts more than 20,000 pilgrims and visitors each day and earns a revenue of approximately 60 million annually. The most popular event is the 10-day Meenakshi Tirukalyanam festival celebrated with a ratha (chariot) procession in the month of April-May. (28 Mar'17)

3.98 cr: LTI Mindtree leases 5.85 lakh square feet office space in Chennai for five years at a monthly rent of ₹3.98 crore

2.3 cr: The Tirupathi temple is the richest temple of India and holds the record for being the most visited temple. Millions of devotees donate cash, gold, silver, jewelry, and even property deeds, and Demat share transfers to the temple. The everyday offerings in Tirupathi amount to about 22.5 million rupees.

1.8 cr: Jagannath Puri Temple attracts over 350,000 visitors every year. Shri Jagannath Puri Temple has an annual earning of around 150 crores. In addition, the temple receives more than Rs 1.72 crore as a donation every year.

1.5 cr: Each LHB coach costs between ₹15 million (US$180,000) to ₹20 million (US$240,000), whereas the power car which houses a generator costs about ₹30 million (US$360,000).

100L - max CTC for a senior airline Pilot 

75L - The Associate Helicopter Pilots on contract basis will be offered appointment and emoluments based on their endorsements and flying experience on helicopters.  The package emoluments for Associate Helicopter Pilots ranges from Rs. 1.50 lakh to Rs. 6.25 lakh. (Sep 2024)

54L: Acc to an RTI reply, per month expense of K'taka CM Siddaramaiah's office to maintain his social media a/cs. The sum is far less than over 2 crore per month previous CMs had spent.

50L: Collab and endorsement fees for a single post on IG can go as high as 50L, depending on celeb's popularity, followers and engagement ratio.

40L: cost to summit Vinson Massif, Antarctica (done usually in first week of Jan) 

30L: The temple of Lord Ganesha is one of the richest temples in India in terms of donations received and annual income. The main deity of the temple is made of 4 kg gold. Also, a net worth of 125 crore rupees has been recorded, with a daily income of Rs 30 lakhs from donations. (110 crore/year?)

17.7L [luxury] membership of Delhi Golf Club (15L + 2.7L GST @ 18%) for Indian business; 10k security deposit; 18kpa annual subscription

10L - The average starting salary of a pilot in India ranges from INR 9.1 LPA to 12.85 LPA. However, with gradual experience and exposure one can expect to get an average pay of INR 1 Crore after becoming a senior pilot.

8L: monthly compensation offered to influencers who promotes state govt policies in UP.

7L: cost of summiting Mt Denali, Alaska (USA)

5.5L - membership of Delhi Golf Club (4.5L + 8.1L GST @ 18%) for Govt. Officers . 

5L - 1.6L - Influencer marketing in India is witnessing exponential growth, with influencers earning an average monthly income ranging from ₹20,000 to ₹200,000. Mega influencers on Instagram emerge as financial powerhouses, commanding earnings ranging from 3 to 5 lakhs, surpassing their YouTube counterparts. Micro-influencers see consistent income across platforms, earning Rs 20,000 to 50,000 per video on Instagram and Rs 20,000 to 39,000 on YouTube. Macro influencers on Instagram bring in Rs 60,000 to Rs 1.6 lakh, whereas on YouTube, they earn approximately Rs 40,000 to Rs 1 lakh, as per the report.

3.7L : LKG fees issue raised by Zoho's Vembu.

2.4L : Influencers earning an min average monthly income ₹20,000 / month.

1.5L-3L: minimum monthly emoluments to Lekhpal (with 24 years of service or more and up-til 30 YOS) in UP, as per 7th pay commision (implemented since 1 Jan'26)

20k: lower-bracket payment by YT for 1M views.

5.5-7.8k - IRCTC Heli Service to Kedarnath. Helicopter companies charge between Rs5,495 and Rs7,740 per person for round-trip transportation to and from Kedarnath Dham on the same day. Dynamic Pricing on Helicopter Tickets is applicable as per the policy of UCADA. (Note:Convenience Fee & PG Charges are payable extra.The prices can be different depending on various factors).  Maximum two helicopter tickets can be booked per user with maximum six passengers per Ticket i.e. a user can book for a group of maximum 12 passengers on 2 tickets with a single user ID. Kedarnath Dham shrine is situated in mountainous terrain in Uttarakhand at a height of 12,000 feet. There is no road leading to the temple. Visitors have to hike 18 kilometres uphill from Sonprayag to get there. Hence very few people are able to visit the most significant pilgrimage sites for Hindus because of the distance and difficult mountainous terrain to get there.

43 AMCs in India with their total AUM of 68 lakh crore.

SBI ₹1114104 crores

ICICI Prudential ₹889246 crores

HDFC ₹774648 crores

Nippon India ₹561502 crores

Kotak Mahindra ₹475148 crores

Aditya Birla Sun Life ₹388078 crores

UTI ₹344273 crores

Axis ₹316711 crores

Mirae Asset ₹199081 crores

DSP ₹186676 crores

Tata ₹179493 crores

Edelweiss ₹166430 crores

Bandhan ₹158776 crores

HSBC ₹128111 crores

Franklin Templeton ₹115318 crores

Canara Robeco ₹109320 crores

Quant ₹98841 crores

Invesco ₹98198 crores

PPFAS ₹89158 crores

Motilal Oswal ₹78345 crores

Sundaram ₹67443 crores

Baroda BNP Paribas ₹46036 crores

LIC ₹34880 crores

Mahindra Manulife ₹29057 crores

PGIM India ₹25989 crores

Union ₹19756 crores

Bajaj Finserv ₹17437 crores

WhiteOak Capital ₹13521 crores

360 ONE ₹12042 crores

JM Financial ₹11679 crores

Bank of India ₹10939 crores

ITI ₹9054 crores

NJ ₹6862 crores

Navi ₹6737 crores

Quantum ₹2878 crores

Zerodha ₹2818 crores

Samco ₹2600 crores

Helios ₹2360 crores

TRUST ₹1877 crores

Groww ₹1211 crores

Taurus ₹929 crores

Shriram ₹767 crores

Old Bridge ₹705 crores

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Property Rates - Realty sqft...

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135L - 3000 sqft residential plot by Godrej Properties, Karjat Khopoli Marg (22 min from Godrej City, Panvel)

110L - 3BHK Luxury Villas at Raksha Vihar, Haridwar (Aug 7, 2024)

60L - 312 sqft of shop-space in Sec 88A, Gurgaon

54L - 1200 sqft residential plot by Godrej Properties, Karjat Khopoli Marg (22 min from Godrej City, Panvel)

50L - 235 sqft (east-facing) house in GJL

43.6L - Studio Aptmt (545 sqft), 1BHK (735 sqft @ 58.8L) and 2BHK (1050 sqft @ 84L) @ Naukuchiatal, Nainital, Uttrakhand by AFWO (545 - 1050 sq.ft of super area)

40L - 900 sqft - 100 sq. yards plots in Raksha Vihar, Haridwar by AFWO (2-mins from Patanjali Yogpeeth). 

25L/beegha (3988 sqm)

25L - Luxury Studio Apartments in Raksha Vihar, Haridwar by AFWO

22L - 1080 sqft (120 gaj) plot in GJL

21L - 950 sqft plot sarswati vihar , GJL

18L - 2268 sqm plot in GJL

44444/sqft - Raksha Vihar, Haridwar by Army Welfare. Raksha Vihaar Haridwar, developed by the Armed Forces Welfare Organisation (AFWO), is a premier RERA-approved plotted group housing project. Located in the sacred city of Haridwar, near Har Ki Pauri, this project offers affordable plots ranging from 100 sq. yards (40L) to 150 sq. yards.

20790/sqft - 312 sqft of shop-space (Ground Floor) in Sec-88A, Dwarka Xpwy - Down Payment Plan

[10%+20%+60%+10%]

18919/sqft - 312 sqft of shop-space (Ground Floor) in Sec-88A, Dwarka Xpwy - Construction Linked Plan [10% Signing; 20% Withing 45D of Allotment & BBA Reg; 10% on completion of each floor; 20% on Offer of Possession]

9600/sqft - Dwarka Xpwy (from 5360/sqft in 2019)

9000/sqft - Kokapet, H'bad (from 4750/sqft in 2019)

8300/sqft - Panvel, BOM (from 4150/sqft in 2019)

8151/sqft - BLR (from 4300/sqft in 2019)

1900/sqft - Luxury Plots in Havelock Swaraj Dweep, Andaman Island by Nideja Prop.

200/sqft - farm plot at 1Khandala Valley, Chavni  (35 acre), min buy 20k sqft (0.46 acre) farm plot by Woodland Housing (promising 65kpm rentals for 36M; units @ 115L)

444.44/sqft (4000/sqyd) - rates of farm house in GJL (Rs. 4000 per 9 sqft)

9500 - 17500/sqft - rates of commercial space is Sec 99A, Gurgaon

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INR - ₹ - Rs...

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-----------------------------------------------------------------------------------------------------------------------------

Percentages - %

-----------------------------------------------------------------------------------------------------------------------------

-- quadruple / 4-times / 4x --

In the oil industry, one barrel (unit symbol bbl) is a unit of volume used for measuring oil defined as exactly 42 US gallons, approximately 159 liters, or 35 imperial gallons.

-- triple / thrice / 3-times / 3x --

-- double / twice / 2-times / 2x --

-- 100% or cent-percent or each-one-of-them --

-- 87.50% or ⅞ --

-- 83.33% or ⅚ --

-- 80% or 4-out-of-5 or ⅘ --

-- 75% or three-fourth or ¾ --

-- 66.67% or two-third or ⅔ --

-- 62.50% or ⅝ --

-- 60% or more-than-half or ⅗ --

-- 50% or half or ½ --

-- 40% or two-fifth or ⅖ --

-- 37.50% or 3-out-of-8 or ⅜ --

-- 33.33% or one-third or 1⁄3 --

-- 25% or one-fourth or ¼ --

25% - When calculating the tax on US stocks in India, you have to take into account dividends earned from US stocks as well. This amount is taxable at the rate of flat 25%. Hence, if the company declares a dividend of $100, then you will receive $75. This is lower than the standard tax rate for foreign investors in the US due to the tax treaty between India and the USA.

-- 20% or one-fifth or ⅕ --

20% - The ceiling for overall investment for FIIs is 24 per cent of the paid up capital of the Indian company and 10 per cent for NRIs/PIOs. The limit is 20 per cent of the paid up capital in the case of public sector banks, including the State Bank of India. - RBI

20% - If you have held the stocks for more than 24 months before selling them and earning capital gains, then you will be liable to pay a capital gains tax at the rate of 20% plus all applicable fees and surcharges.

You buy shares worth $500 and sell them for $800 after 30 months. Hence, you earn long-term capital gains of $300. The tax liability will be $60 plus cess and surcharges.

-- 16.67% or one-sixth or ⅙ --

-- 14.23% or one-seventh or ⅐ --

-- 12.50% or one-eighth or ⅛ --

Financial assets have increased from 10.6% of Gross Domestic Product (GDP) (2011-17) to 11.5% (2017-23, excluding the pandemic year). Physical savings have increased to over 12% of GDP in the post-pandemic years and could continue to rise. However, this is still lower than the 16% of GDP recorded in 2010-11.

-- 11.11% or one-ninth or ⅑ --

-- 10% or one-tenth or ⅒ --

10% - If you have held stocks for less than 24 months before selling them and earning capital gains, then the said gains will be added to your taxable income and taxed as per the income-tax slab applicable to you. (ranges between 10% to 30%)

You buy shares worth $500 and sell them for $800 after 20 months. Hence, you earn short-term capital gains of $300. This will be added to your current income and taxed based on the applicable income-tax slab.

9.5% - Earn up to 9.5% FD rate: Seven banks offering highest 3-year fixed deposit interest rates for senior citizens

6% - DSA laws include fines of up to 6 percent of global turnover if tech giants like X fail to quell hate speech and other online harms on their platforms. The Commission — with Breton leading the charge — has visited X’s offices in San Francisco at least twice to check how Musk is complying with the laws.

8.5% - IT hiring likely to grow by 8.5% by next year as demand grows: report (Aug'24)

8% - According to a 2019 survey by the Reserve Bank of India (RBI), a mere 8% of Indian households held financial assets in shares or mutual funds.

7% - Indian households invest only 7% of their household income in equities, compared to 30% on average for other emerging markets, 40% for Latin American and 50% for US households.

6% - It may be recalled that the Union Budget 2024-25 had announced a sharp cut in import duties on gold and silver, from 15 per cent to only 6 per cent.

3% - Only 3% of the Indian population invests in the stock market, compared to 13% of the Chinese population and 55% of the US.

-- 2% or a-couple-of-percent --

2% - 2% of the company's profit should go to CSR activities.

-- 1% or one-out-of-hundred --

-- 0.5% or one-out-of-five-thousand --

0.64% - India spent 0.64% of its GDP on R&D in 2020–21, while the same amongst other developing BRICS countries was—Brazil (1.3%), Russian Federation (1.1%), China (2.4%), and South Africa (0.6%). This ratio was 0.3% for Mexico. Most of the developed countries spent more than 2% of their Gross Domestic Product (GDP) on R&D, according to department of science & technology data.

-- 0.1% or one-out-of-thousand --

-- 0.01% or one-out-of-ten-thousand --

-- 0.001% or one-in-a-lakh --

-- 0.0001% or one-in-a-million --

-- 0.00001% or one-in-a-crore --

-- 0.0000001% or one-in-a-billion --

-----------------------------------------------------------------------------------------------------------------------------

Population... India by Percentages - % (150 crores = 100%)

-----------------------------------------------------------------------------------------------------------------------------

-- quadruple / 4-times / 4x --

600 crore

-- triple / thrice / 3-times / 3x --

450 crore

-- double / twice / 2-times / 2x --

300 crore

300 crore - total number of bank accounts in India 

-- 100% or cent-percent or each-one-of-them --

Total Population of India = 150 crore (or 1.5 billion)

-- 87.50% or ⅞ --

131.25 crore

-- 83.33% or ⅚ --

125 crore

-- 80% or 4-out-of-5 or ⅘ --

120 crore

-- 75% or three-fourth or ¾ --

112.5 crore

101.24 crore - Indians between 15-64YO age (2021)

-- 66.67% or two-third or ⅔ --

100 crore

97 crore - Indians identify as a Hindu

-- 62.50% or ⅝ --

93.75 crore

-- 60% or more-than-half or ⅗ --

90 crore

84 crore - rural population of India

-- 50% or half or ½ --

75 crore

65.4 crore - Indians primarily speaks Hindi 

62.4 crore - male population of India

-- 40% or two-fifth or ⅖ --

60 crore

58.7 crore - female population of India

-- 37.50% or 3-out-of-8 or ⅜ --

56.25 crore

-- 33.33% or one-third or 1⁄3 --

50 crore

38.52 crore - Indians between 0 to 14YO age (25.68%)

38 crore - urban population of India

-- 25% or one-fourth or ¼ --

37.5 crore

32 crore - Indians belong to Hindu OBC community in 1983 (~ 30 year ago)

-- 20% or one-fifth or ⅕ --

30 crore

-- 16.67% or one-sixth or ⅙ --

25 crore

25 crore - Indians belong to Schedule caste (2011); 11 crore in 1983 (<30 year ago)

-- 14.23% or one-seventh or ⅐ --

21.35 crore

20.45 crore - The number of mutual fund folios reached a new high of 20.45 crore in August, reflecting increased investor confidence. 

20 crore - population of the most populous state of India, Uttar Pradesh

-- 12.50% or one-eighth or ⅛ --

18.75 crore

17.3 crore - Indians identify as a Muslim

17 crore - Demat accounts in India (individuals can have more than one a/c; 2024)

-- 11.11% or one-ninth or ⅑ --

16.67 crore

-- 10% or one-tenth or ⅒ --

15 crore

13 crore - Indians belong to Schedule tribe (2011); 5.5 crore in 1983 (<30 year ago)

12.8 crore - Indians in the age-group of 20-24YO (2011) [1987 born to 1991 born]

12.5 crore - Indians in the age-group of 15-19YO (2011) [1992 born to 1996 born]

-- 8% or one-tenth or ⅒ --

12 crore

12 crore - Indians in the age-group of 25-29YO (2011) [1982 born to 1986 born] 

11.3 crore - population of the second-most populous state of India, Maharashtra

-- 7% or one-tenth or ⅒ --

10.5 crore

10.5 crore - population of the third-most populous state of India, Bihar

10.25 crore - Indians over 65YO age (2021)

-- 6% or one-tenth or ⅒ --

9 crore

8.9 crore - Indians in the age-group of 40-44YO (2011) [1967 born to 1971 born; due retire in 2029]

8.2 crore - ITRs filed

-- 5% or one-tenth or ⅒ --

7.5 crore

6.34 crore -  Total MSMEs in India (over 99% of total MSMEs qualify as micro-enterprises that make up to 630.5 lakh enterprises.)

6.3 crore - Indians primarily speaks Urdu

-- 4% or one-tenth or ⅒ --

6 crore

-- 3.33% or one-tenth or ⅒ --

5 crore

-- 3% or one-tenth or ⅒ --

4.5 crore

4.05 crore - Indians primarily speaks Punjabi

4 crore - Indians belong to Brahmin community in 1983 (~ 30 year ago)

3.6 crore - males are short of females in India

-- 2.25% or one-tenth or ⅒ --

3.4 crore

-- 2% or a-couple-of-percent --

3 crore

2.9 crore - Indians belong to Rajput community in 1983 (~ 30 year ago)

2.8 crore - Indians identify as a Christian (2011)

2 crore - Indians identify as a Sikh (2011)

1.7 crore - active companies

1.6 crore - Indians belong to Maratha community in 1983 (~ 30 year ago)

-- 1% or one-out-of-hundred --

1.5 crore

1.5 crore - GST payers

1.4 crore - Indians belong to Bania community in 1983 (~ 30 year ago)

-- 0.9% or nine-out-of-five-thousand --

1.35 crore

1.35 crore - Indians follow other religion or are non-religious (2011)

1.25 crore - population lives in the most populous city of India, Mumbai

1.10 crore - population lives in the second-most populous city of India, Delhi

-- 0.8% or eight-out-of-five-thousand --

1.2 crore

-- 0.75% --

1.125 crore

-- 0.7% or seven-out-of-five-thousand --

1.05 crore or 105 lakh

1.0 crore - closed companies

1 crore - Though JioCinema is not a major player in this segment currently, its recent acquisition of IPL rights led to an acquisition of 10 million subscribers in the first quarter of 2023, thereby making it a substantial force.

-- 0.6% or six-out-of-five-thousand --

90 lakh

87 lakh - population lives in the third-most populous city of India, Chennai

84 lakh - population lives in the fourth-most populous city of India, Bangalore

78 lakh - Indians belong to Kayastha community in 1983 (~ 30 year ago)

-- 0.5% or five-out-of-five-thousand --

75 lakh

73 lakh - Indians belong to Jat community in 1983 (~ 30 year ago)

68 lakh - population lives in the fifth-most populous city of India, Hyderabad

-- 0.4% or four-out-of-five-thousand --

60 lakh

56 lakh - population lives in the sixth-most populous city of India, Ahmedabad

-- 0.33% --

50 lakh

-- 0.3% or three-out-of-five-thousand --

45 lakh

45 lakh - Indians identify as a Jain (2011)

45 lakh - population lives in the seventh-most populous city of India, Kolkata

44.8 lakh - population lives in the eight-most populous city of India, Surat

-- 0.25% --

37.5 lakh

31 lakh - population lives in the ninth-most populous city of India, Pune

-- 0.2% or two-out-of-five-thousand --

30 lakh

30 lakh - population lives in the tenth-most populous city of India, Jaipur

29 lakh - population lives in the 11th most populous city of India, Kanpur

29 lakh - population lives in the 12th most populous city of India, Lucknow

24 lakh - population lives in the 13th most populous city of India, Nagpur

20 lakh - population lives in the 14th most populous city of India, Indore

18 lakh - population lives in the 15th most populous city of India, Thane

18 lakh - population lives in the 16th most populous city of India, Bhopal

17.4 lakh - population lives in the 17th most populous city of India, Vizag

17.3 lakh - population lives in the 18th most populous city of India, Pimpri-Chichwad

17 lakh - population lives in the 19th most populous city of India, Patna

16.2 lakh - population lives in the 20th most populous city of India, Ludhiana

-- 0.1% or one-out-of-thousand --

15 lakh

-- 0.08% or eight-out-of-ten-thousand --

12 lakh

-- 0.075% --

11.25 lakh

-- 0.07% or seven-out-of-ten-thousand --

10.5 lakh

-- 0.06% or six-out-of-ten-thousand --

9 lakh

-- 0.05% or five-out-of-ten-thousand --

7.5 lakh

6 lakh - Indians identify as a Zoroastrian (2011 est.)

-- 0.033% --

5 lakh

-- 0.03% or three-out-of-ten-thousand --

4.5 lakh

-- 0.025% --

3.75 lakh

3.4 lakh - SMEs in India

-- 0.02% or two-out-of-ten-thousand --

3 lakh

2 lakh - total beds available in India's (pvt+public) hospitals (as of 2020)

-- 0.01% or one-out-of-ten-thousand --

1.5 lakh

-- 0.008% or eight-in-a-lakh --

1.2 lakh

-- 0.007% or seven-in-a-lakh --

1 lakh or 100k

-- 0.006% or six-in-a-lakh --

90k

-- 0.005% or five-in-a-lakh --

75k

-- 0.004% or four-in-a-lakh --

60k

-- 0.003% or three-in-a-lakh --

45k

-- 0.002% or two-in-a-lakh --

30k

-- 0.001% or one-in-a-lakh --

15k

-- 0.0008% or eight-in-a-million --

12k

-- 0.0007% or seven-in-a-million --

10k

160 births per 10k population (2023) - Birth rate

66 deaths per 10k population (2023) - Death rate

1 migrant per 10k population (2024) - Net migration rate

-- 0.0006% or six-in-a-million --

9000

-- 0.0005% or five-in-a-million --

7500

-- 0.0004% or four-in-a-million --

6000

6000 - less than 6000 jews left in India now, most went to Israel, their promised land

5250 - listed cos. (BSE)

-- 0.0003% or three-in-a-million --

4500

3300 - active foreign cos.

-- 0.0002% or two-in-a-million --

3000

-- 0.0001% or one-in-a-million --

1500

30 deaths per 1000 live births (2018) - Infant mortality rate

-- 0.00001% or one-in-a-crore --

150

-- 0.0000001% or one-in-a-billion --

15

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Timeline

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1611: Who Invented the Stock Market? The first modern stock trading market was created in Amsterdam when the Dutch East India Company was the first publicly traded company. To raise capital, the company decided to sell stock and pay dividends of the shares to investors. Then in 1611, the Amsterdam stock exchange was created.

1792:[US] In 1792, the NYSE was established at 68 Wall Street where 24 brokers and merchants outlined the rules for trading securities in the Buttonwood Agreement. The organization was initially named New York Stock & Exchange Board. It became the New York Stock Exchange in 1863.

1904: [Culture] a woman from Illinois with a versatile resume that included writing, acting, engineering and working as a stenographer: Lizzie Magie patented her invention, The Landlord’s Game (later became Monopoly), in 1904 — the same day that the Wright brothers filed one for their airplane — and it was published in 1906 through the Economic Game, a business she co-owned.

1933: [Culture] When Charles Darrow, an unemployed salesperson in Philadelphia, US, learned about a new board game that was becoming popular in small circles, he asked his friends to type up the rules and help him jazz up the graphic design. In 1933, he copyrighted the game, Monopoly, as his own invention and began selling it in toy stores and department stores.

1951: India's first election in 1951-52, which spanned 68 phases, the cost was a modest Rs 10.5 crore. Fast forward to 2019, and the cost had skyrocketed to a staggering Rs 50,000 crore ($7 billion), according to a report by the Centre for Media Studies, in 2024 it is expecetd to be 1,00,000 crore (~ $12 Billion)

1971:[US] On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market.

1999: Warren Buffett ($36B), Elon Musk ($22M)

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                                                          2007–08 Global Financial Crisis

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2007: Danske Bank money laundering scheme: Between the years 2007 to 2015, one Estonian branch of Danske Bank, Denmark’s largest money lender, saw sums in the amount of $220 billion flow through its platforms. From its establishment, the branch had been a hotspot for Russian and Baltic money laundering and tax evasion, and was excluded from the routine anti-money-laundering checks that its counterparts in Copenhagen were subject to. It was later discovered that the bank had turned a blind eye to the flow of dirty Russian money into the branch. Following investigations into the case by the U.S., Denmark, Britain and Estonia, the body of the former head of the Estonian branch and key witness to the scandal was found dead in September 2019.

2007: Samsung bribery: Money and politics don’t get along, especially when money is used to bribe politicians to exert their influence over government foundations to donate money towards corporate interests. Lee Jae-yong, the billionaire heir to Samsung Group was arrested in connection with a bribery scandal that led to the 2017 impeachment of South Korea’s former president Park Geun-hye—the first democratically elected leader in South Korea to be removed from office. Park had reportedly been receiving or asking for more than $20 million, and three horses worth a combined $2.8 million were given to her close aide, whose daughter was a professional equestrian.

2007: The biggest bailout for the banking industry was the government's Troubled Asset Relief Program (TARP), a $700 billion government bailout meant to keep troubled banks and other financial institutions afloat. The program ended up supporting at least 700 banks during the 2007–08 Financial Crisis. Other businesses like General Motors and Chrysler also received funds through TARP. TARP was authorized for $700 billion in spending, not including Fannie Mae and Freddie Mac bailouts, making it the biggest bank bailout to date.

2008: Between 2008 and 2009, the Bling Ring—a group of five wealthy teenagers in Los Angeles—broke into homes across the Hollywood Hills and stole over $3 million in cash, jewellery and other belongings from celebrities such as Paris Hilton, Orlando Bloom, and Lindsay Lohan. The infamous teens were charged in 2010 and each served jail time or community service ranging from one month to 16 months. In 2013, they were the subject of a film directed by Sofia Coppola.

2008: Mylan EpiPen price gouging: Defrauding corporate investors is one kind of crime, but defrauding the government and families over a mislabelled and overpriced medical product that saves lives is quite another brand of evil. Pharmaceutical company Mylan duped the government into paying as much as $1.27 billion more than it should have by misclassifying the EpiPen, a common epinephrine injector used in cases of severe allergic reactions, as a generic product (and consequently skipping out on Medicaid-required rebates) rather than a branded one, and raising the price of a pair of EpiPens to $600 in 2016 from $100 in 2008. They later resolved the claims with a $465-million settlement with the U.S Justice Department.

2008: [IT] IT companies such as TCS, Infosys, Wipro and Cognizant had acquired parts of the captive businesses of banks including Citi, ABN Amro and UBS after the 2008 crisis.

2008-09: The total bank deposits increased from ₹59.1 billion (equivalent to ₹2.8 trillion or US$35 billion in 2023) in 1970–71 to ₹38.31 trillion (equivalent to ₹96 trillion or US$1.2 trillion in 2023).

2008 (May): it emerged that Sunil Bharti Mittal was exploring the possibility of buying the MTN Group, a South Africa-based telecommunications company with coverage in 21 countries in Africa and the Middle East. The Financial Times reported that Bharti was considering offering US$45 billion for a 100% stake in MTN, which would be the largest overseas acquisition ever by an Indian firm. (AirTel)

2009: Only 21 million bitcoins will ever exist, and more than 19.5 million of them have already been mined, leaving fewer than 1.5 million left to pull from. Per bitcoin’s code, halving occurs after the creation of every 210,000 “blocks” — where transactions are recorded — during the mining process. Bitcoin halving a preprogrammed event that occurs roughly every four years, impacts the production of bitcoin. Miners use farms of noisy, specialised computers to solve convoluted math puzzles; and when they complete one, they get a fixed number of bitcoins as a reward.

2010 (Mar): What can happen in two years? It turns out, a lot. After being named CEO of MF Global, a commodities brokerage firm, in March 2010, former governor of New Jersey Jon Corzine was embroiled in a major debt spiral that led to the disappearance of over $1 billion of customer money. Under his leadership, the firm made a number of risky bets, including a $6.3-billion investment on European debt, and when those bets didn’t pan out and the firm sank deeper in debt, they used customer money to cover their holes. On October 31, 2011, MF Global filed for bankruptcy with $1 billion from thousands of clients unaccounted for.

2010: ExxonMobil covering up climate change: Oil company ExxonMobil is currently embroiled in a shareholding fraud lawsuit for deceiving investors about the impact of climate change regulation on the company’s financial outlook in reports dating back to 2010. A witness for the state estimated that potential damages to shareholders range from $476 million to $1.6 billion.This is the second lawsuit against an oil company to go to court over climate change issues.

2011: Mormon Ponzi scheme: In 2011, a father and son in Utah were embroiled in a $220-million Ponzi scheme that involved working their connections within the Mormon Church to invest in their company, promising ownership stake in a number of real estate developments they were building. Those funds, which they raised from approximately 225 investors through their company, were siphoned off through a series of shell companies and opaque bank accounts to pay for personal family expenses and to operate their other companies. Many of their investors were introduced to them through their connections with the local Latter Day Saints Church membership.

2011: Olympus fraud: In 2011, executives at the Japanese camera and medical equipment company Olympus were exposed to have falsified records to conceal company losses of approximately $1.7 billion. This represents one of the largest cases of financial fraud in the country’s history, and after six years in and out of court, the six executives have been ordered to pay back $529 million (one of the men had died in the meantime and the fine was defaulted to his estate).

2011: According to 2011 census data, India has about 330 million houses and 247 million households. The household size in India has dropped in recent years, the 2011 census reporting 50% of households have four or fewer members, with an average of 4.8 members per household including surviving grandparents. These households produced a GDP of about $1.7 trillion.

2011:[IT] TCS had won its first UK-based NEST deal in 2011 when the digital, auto-enrolment pension scheme was launched.

2011:[Realty] Amrapali scam. It is submitted on behalf of the petitioners that in 2011 in Noida and Greater Noida various real estate projects for housing were started. In the various projects, the Amrapali Group of Companies proposed to construct approximately 42,000 flats. Various brochures were published and it was assured that the delivery of possession shall be made in 36 months and other world-class amenities were also promised.

2012: Rolls-Royce bribery scandal: In 2012, investigators across the UK, the U.S. and Brazil determined that Rolls-Royce, the British automaker and engineering company, had paid bribes via intermediary agents to secure export contracts in 12 countries around the world, from Nigeria to China. The company is known for their luxury vehicles, but they also sell turbines and parts for passenger and military aircraft, and have been known to be cozy with the UK and foreign governments for years. After the investigation, the automaker was ordered to pay $810 million in penalties, but none of the individuals identified in the investigation were prosecuted.

2012: China Medical Technologies fraud: In 2012, a large medical technology manufacturer based in China declared bankruptcy following an investigation into an alleged $400-million fraud traced back to the company’s former Chairman and CEO Wu Xiaodong. Reports surfaced that investors’ money in the amounts of hundreds of millions of dollars had been directly rerouted into the personal accounts of Wu and his associates. Later, the media reported that much of that money was laundered through Las Vegas casinos, including one allegation that Wu’s wife had put $62 million through slot machines at the Bellagio casino in the years leading up to the bankruptcy, and reported just under $17 million of “gambling winnings” as an income on her taxes.

2012: The Centre had sought money from the SEBI-Sahara Sahara-Sebi escrow account (worh 5,000 crores ) that was formed after the top court in August 2012 directed two Sahara firms -- Sahara India Real Estate Corporation Limited (SIRECL) and Sahara Housing India Corporation Limited (SHICL) -- to refund investors.

2013: In 2013, the hedge fund SAC Capital Advisors, led by billionaire Steven Cohen, were hit with a historic $1.2-billion fine after pleading to insider trading violations. This admission came after a decade-long investigation. Of the eight former SAC employees who have been criminally charged, six pleaded guilty. The firm was also forced to stop managing money from outside investors. Cohen himself, whose personal net worth at the time of the investigation hovered around $9 billion, was not charged.

2013: Apple tax evasion: In 2013, Apple was subject to a U.S. Senate subcommittee investigation which found that the tech giant had kept three entities with holdings totalling over $100 billion offshore, thereby avoiding being taxed. Because of these offshore holdings, Apple had avoided paying $9 billion in U.S. taxes in 2012 alone—or, as one senator put it, “more than $1 million an hour in taxes.” Although U.S. tax laws weren’t able to prosecute Apple for its tax avoidance and senators were quick to label their activity as “improper” rather than “illegal,” pundits have raised this as an example of broader flaws within the U.S. tax code.

2014: Ukraine’s treason: During the revolution in Ukraine in 2014, then-president Viktor Yanukovych fled the country following an investigation into treason and plundering of state assets worth up to $40 billion, hidden away in shell companies. The public funds that he had slowly siphoned off also went into the home he lived in: a sprawling, 140-hectare (345-acre) palace with a luxury car collection, an exotic menagerie complete with ostriches and three kangaroos, and more. The president has since been convicted of treason and sentenced to 13 years in prison.

2014: Tesco overestimated profits: In 2014, executives at UK grocery giant Tesco were embroiled in a serious case of accounting fraud when the company released a statement that it had overstated profits by $520 million, following intensifying competition from new discount grocery chains. This led to a complete overhaul of management, with the suspension of eight senior staff members. The grocery chain agreed to pay back $375 million to settle investigations into the fraud, and after four years of litigation, the two former Tesco executives who had been accused of the fraud were acquitted of the charges.

2014-15: India is the fourth-largest consumer of oil and net oil imports were nearly ₹8.2 trillion (US$100 billion).

2014: In 2014, Mt Gox was hacked, and 850,000 BTC (valued at $450 million) was stolen. The incident affected all users, regardless of the cryptocurrencies they held. Mt. Gox entered bankruptcy proceedings, and after years of legal processes, a civil rehabilitation plan was approved. As of 2024, creditors have started receiving partial repayments, with the total expected to be around 20% of the original holdings. This case demonstrates the complexities and potential lengthy timelines involved in resolving large-scale crypto losses.

2015: FIFA-gate: Over 60 officials and marketing executives were implicated in a widespread corruption scandal involving FIFA, the organization that governs the world of soccer (or football). The international investigation spanned back three decades, when the first allegations of soccer officials accepting bribes and kickbacks first surfaced. Investigations uncovered $100-million worth of bribes and years of tax evasion. The investigation culminated in a major raid of FIFA offices in Zurich, during which seven officials were arrested, the resignation of FIFA’s president Sepp Blatter, and later, a former Argentina football official ended his life during the corruption trial.

2015: Not yet 40 years old and already bestowed the title of “the most hated man in America,” Martin Shkreli is a former hedge-fund manager and CEO of Turing Pharmaceuticals. He was the subject of widespread media criticism when his company obtained a licence to manufacture the HIV drug Daraprim and raised its price from $13.50 to $750 per pill. But it was his fraudulent activity that became his downfall: in 2018, he was sentenced to seven years in prison for misleading investors out of $7.4 million in the performance of two companies that he operated, and on charges of conspiracy to commit securities fraud following the manipulation of stock shares of another pharmaceutical company he created.

2015:[India][Policy] Infosys bagged the $200 million project from the government of Prime Minister Narendra Modi to write the software for the GST, India’s biggest fiscal reform in decades. Unifying a plethora of sub-national taxes was a long-standing demand of businesses. They wanted the freedom to seamlessly access a common market of 1.4 billion people. What got implemented, however, was one of the world’s most complicated GSTs with five rates: zero, 5%, 12%, 18% and 28%, even as petroleum products and alcohol continued to be taxed separately. For smaller firms, it was a compliance nightmare. 

The poorly structured, hastily implemented GST caused heartburn in the accounting community, with Infosys getting its share of the blame. Persistent glitches were an embarrassment for the company, which made things worse by going on to design a clunky, error-prone web portal for people to file income taxes. The administration was livid about the recurring technical snags. A company that had managed to stay largely above the political fray was suddenly taking blows from all sides.

2016: The release of the 2016 Panama Papers uncovered untold numbers of scandals. The historic data leak exposed 11.5 million files from the database of Mossack Fonseca, the fourth-biggest offshore law firm in the world. The records, which were initially obtained from an anonymous source by the German newspaper Süddeutsche Zeitung, made their way across the globe through a network of large international media partners. Among the individuals implicated in this leak were 143 politicians, including presidents and prime ministers presiding over Ukraine, Pakistan, Iraq, and Iceland, plus a $2-billion trail that led to Vladimir Putin.

2016: In terms of the dollar amount in fraud that Anna Delvey pulled in, it’s pretty small potatoes, but she rose to prominence as an icon of millennial grifting, executed with Holly Golightly-level glamour. Leading up to 2016, Anna Delvey (a Russian immigrant whose real name is Anna Sorokin) successfully bilked New York hotels, banks, and a private jet company out of a total of $200,000 by pretending she was a German heiress and falsifying bank records. After years hobnobbing around Manhattan socialite circles and hopping between chic hotels paid for by bad cheques, Sorokin convinced investors in real estate and hotels to commit money into a private club she was always on the cusp of launching. In July 2017, she was finally arrested for dodging thousands of dollars of bills at upscale hotels and restaurants, and after thorough investigation, was tried and sentenced to up to 12 years in prison on charges of grand larceny and theft of services.

2016: Toshiba accounting scandal: Japanese tech conglomerate Toshiba was the subject of a major court case following a $1.3-billion accounting scandal in 2016. Toshiba had been misleading investors by underestimating the cost of operations and exaggerating the company profits from 2008, leading investors to file a lawsuit for $162.3 million in damages. Amidst that scandal was another investigation which put Toshiba’s leadership in question, revealing that the company had cut 14,000 jobs, sold off its medical unit and sold computer parts to assemblers at inflated cost.

2016: Wells Fargo: One of the biggest banks in the U.S., Wells Fargo, was on trial for its history of consumer abuses, which were discovered between 2016 and 2017. These abuses included creating millions of fake deposit accounts and credit cards under real customers’ names (this resulted in the financial giant having to pay back $185 million in fines), firing a former employee for reporting company fraud, overcharging small businesses for credit card services, discriminating against black and Latino customers with high-cost and high-risk loans, charging people with unauthorized insurance without their knowledge (for which they reached a $1-billion settlement with the Consumer Financial Protection Bureau), securities fraud (later settled for $480 million) and more.

2016: Theranos scandal: One of the higher-profile scandals to come out of Silicon Valley in recent history, Theranos was a blood-testing company based on a device that was claimed to be able to conduct hundreds of tests with a single drop of blood, founded by Elizabeth Holmes in 2003. By 2014, the company had a valuation of $9 billion and was poised to be a game-changing device in the medical industry. Soon after, the Wall Street Journal reported that the company’s claims were false and that the device didn’t work, which led to the shutdown of the lab and the company in 2016. Holmes now faces charges of nine counts of wire fraud and two counts of conspiracy to commit wire fraud.

2016: Nigerian online scams: This past August, 80 people were indicted in connection with online scams that successfully took in $6 million and an attempt of $40 million in theft. These schemes included romance scams, elderly scams and “business email compromise” scams (in which they attempted to draw funds out of legitimate businesses through online transfers). The investigation began in 2016 and the accused are a mix of American and Nigerian residents. This is one of the largest cases of email scamming in American history.

2016 (May 3): The Fintech growing at a compound annual growth rate (CAGR) of 22 percent during 2022 and 2030. The overall fintech market in estimated to grow to about 2.1 trillion dollars.

According to the report of The National Association of Software and Services Companies (NASSCOM), India has a presence of around 400 companies in the fintech space, with an investment of about $420 million in 2015. The Indian fintech landscape is segmented as follows – 34% in payment processing, followed by 32% in banking and 12% in the trading, public and private markets.

2016 (Aug): The Government e-Market (GeM) portal, designed on the pattern of world’s largest platform KONEPS of South Korea, was launched to help all the Central government ministries and departments go for quick online purchases of goods and services.

2016: Bitfinex’s approach to their 2016 hack, where 119,756 BTC (about $72 million) was stolen, offers a notable example of creative problem-solving. They socialized the loss by initially spreading the loss across all user accounts, reducing balances by 36%, regardless of whether users held BTC or other crypto assets. Bitfinex also issued BFX tokens to affected users, with each token representing 1 USD of loss. BFX tokens served multiple purposes, such as they could be traded on the open market, users could use them as collateral for margin trading, and they could be held for future redemption. Users had the choice to convert their BFX tokens into shares of iFinex, Bitfinex’s parent company. Remarkably, Bitfinex managed to redeem all BFX tokens within eight months, either through direct repayment or equity conversion. This approach allowed Bitfinex to continue operations while providing users with options and eventually making them whole.

2016: One of the World's Largest single location solar power project was commissioned by the Adani Group at Kamuthi, in Tamil Nadu, with an investment of around INR 45.5 billion. It spans a vast area of 2,500 acres, equivalent to about 950 Olympic-sized football fields generating 648 MW. Adani Kamuthi Solar PV Park is a ground-mounted solar project which is spread over an area of 2,500 acres. The project supplies enough clean energy to power 265,000 households. The project construction commenced in 2015 and subsequently entered into commercial operation in September 2016.

2017: One of the rare money scandals that observers were able to follow in real time on social media, the Fyre Festival was widely promoted in 2017 as a luxury music festival organized by Billy McFarland and rapper Ja Rule. It promised private jet service, upscale catered food, luxury tent accommodations, and headlining performances from Blink 182 and major artists of its time—all on the white-sand beaches of a private island in the Bahamas. After paying up to a reported $25,000 for the five-day trip, ticket-holders were met with a little less than expected: they were herded to a crammed commercial airline gate, and when they landed, the site was an unfinished tangle of trucks, tents and unbuilt stage equipment under rainy skies. The luxury food they were promised were slices of dry bread topped with sliced cheese and a sad side salad. And it was all being live-tweeted by unimpressed festivalgoers, who would be scrambling to get flights off the island less than 24 hours after arrival. Two months later, the organizers were hit with a $100-million class-action lawsuit from the festivalgoers, and it was reported that they had defrauded investors out of more than $26 million through falsified bank statements. McFarland is now serving six years in prison.

2017: In 2017, one of the biggest credit score companies in the world, Equifax, was the target of a huge data breach that exposed the financial and contact information of nearly half the U.S. population and roughly 100,000 Canadians. After a lengthy battle in court, and allegations of information mismanagement and deception over the strength of the company’s data security program, the case resulted in a settlement of up to $700 million, the largest-ever settlement for a data breach, and will conclude multiple allegations and pending class-action lawsuits against the company.

2017:[Startup][Aerospace] Aerospace engineers Srinath Ravichandran (CEO) and Moin SPM (COO), along with IIT-Madras faculty member Prof. Sathyanarayan R Chakravarthy founded Agnikul. It emerged as the first Indian company to sign an agreement with ISRO in December 2020. This landmark partnership allowed the start-up access to ISRO's knowledge base and resources. They had funding of $35 million.

2017 (Jun 1):[India][Policy][Tax] The individual (tenant) should deduct TDS at 5% if they pay rent more than Rs 50,000 to their landlord. This provision is also applicable to the HUF. This is laid down under section 194IB of the income tax act.

2017: Rolex’s enduring legacy is also evident in record-breaking auction sales, with Paul Newman’s 1968 Rolex Daytona (first launched in 1963 as Cosmograph Daytona) fetching USD17.8 million in 2017, sold shortly before completing 50 years. In 1988 the Cosmograph Daytona was fitted with calibre 4030, an adaptation of the Zenith El Primero calibre, the world’s first high-frequency (@ 4 Hz) self-winding chronograph movement. Another improv model was launched in year 2000. 4130, which was optimized to become calibre 4131 in 2023. An adaptation of calibre 4131, calibre 4132, was also launched the same year. 

2018 (Jan): In the largest cryptocurrency hack committed to date, hackers made off with $530-million worth of funds from Coincheck, a Tokyo-based cryptocurrency exchange in January 2018. While the money has not been recovered, it was reported that the hack may have been carried out by a team of Russian hackers.

2018 (Nov):[Telecom] AirTel implemented a subscriber clean-up initiative, lost over 49M subs at the bottom-end i.e. loss of 15% of customers, de-clog the network and cleaned-up the inactive or non-paying customers.

2018: According to New World Wealth, India's total wealth increased from $3,165 billion in 2007 to $8,230 billion in 2017, a growth rate of 160%. India's total wealth decreased by 1% from $8.23 trillion in 2017 to $8.148 trillion in 2018, making it the sixth wealthiest nation in the world.

2019:[US] Washington D.C. has higher state and local tax collections per capita than any other state. In 2019, the most recent year available, it collected $12,130 per capita, while New York, the next highest state, collected $10,213, according to a 2022 report from the Tax Foundation.

2019 (Feb 24):[GoI] Under PM-KISAN, the government provides income support of ₹6,000 a year to farmers with a valid enrolment. It is paid in three equal cash transfers of ₹2,000, one every four months. The welfare programme was launched on February 24, 2019. In the 15th installment, Modi had disbursed nearly ₹18,000 crore to 80 million farmers through direct benefit transfer. Modi had released the 16th instalment of PM-KISAN, a cash-transfer scheme for poor farmers, on February 28, 2024.

2019 (Nov 21): Self-styled godman Nithyananda fled India in 2019 after being accused of rape and kidnapping. He headed a religious organisation, called Nithyananda Dhyanapeetam, which he had founded, and ran a number of ashrams across the country. Swami Nithyananda established the Nithyananda Dhyanapeetam Foundation, which spans temples, gurukuls, and ashrams worldwide. His estimated net worth is around Rs 10,000 crore. According to sources in the know of related developments, Nithyananda has not appeared in the court in more than 40 hearings of the cases against him. The sources have told India Today that Nithyananda has escaped to Ecuador via Nepal. However, the puzzling link in this escape saga is that his passport had expired on 30 September 2018. It has not been renewed. This was confirmed by a former Ramanagara (Karnataka) superintendent of police. Sources in the Gujarat Police said that Nithyananda's passport (Number Z-1864348) was issued from Bengaluru office on October 1, 2008 and was valid till September 30, 2018.

2020 (Jan): US Federal Reserve had around $4T, which makes up 40% of USDs in existence.

2020: Warren Buffett ($70B), Elon Musk ($70M)

2020: According to market estimates, the global cryptocurrency market is worth $1 billion. It is expected to reach $4 billion by 2020, up from 49 billion in 2019. By 2030, the market will be worth 94 billion, growing at a CAGR of 12.8%. By 2030, the global economy will grow by 8%.

2020:[Tax] Beginning April 1, 2020 (FY 2020-21), the Government of India implemented a new optional tax rate system for individuals and Hindu undivided families (HUF).

2020 (Dec 31): Zomato has established a strong footprint across 23 countries with 131,233 active food delivery restaurants (~1.3 lakh), 161,637 active delivery partners (~1.6 lakh), and an average monthly food order of 10.7 million customers. In FY21, ₹21,184.24 million of annual revenue, 8000 million of PAT. The Zomato IPO is subscribed 38.25 times on July 16, 2021 5:01:00 PM. The public issue subscribed 7.45 times in the retail category, 51.79 times in the QIB category, and 32.96 times in the NII category. Final Issue Price: ₹76 per share, opened at ₹115.00/share, high at ₹138.00/share.

2021: Russia is the world’s third largest crude producer along with Saudi Arabia and the US. It accounts for 15% of the global supplies worldwide. In 2021, it exported an estimated 4.7 million bpd of crude to countries around the world. 

2021: The scheme was announced in 2021 for 14 sectors such as telecommunication, white goods, textiles, manufacturing of medical devices, automobiles, speciality steel, food products, high efficiency solar PV modules, advanced chemistry cell battery, drones and pharma with an outlay of Rs 1.97 lakh crore.

2021: GDP of USA = $21T; National debt of US = $30T. $30T is roughly the combined value of the economies of China, Japan, Germany and UK. GDP of India = $2.6T, $3T of projected debt in 2022.

2021 (Apr 14): Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that surpassed the $1 trillion mark in 2021, after Bitcoin price hit an all-time high of $64,863.10 on April 14, 2021. 

2021 (Sep): India's forex reserve $641B - an all time high.

2021:[US] Massachusets - Housing prices throughout the state continue to be an issue for the state's affordability ranking. From 2010 to 2021, median home prices rose by almost 8% to $510,000, putting once-affordable cities and suburbs out of reach for many workers.

2021: Healthcare product maker Abbott Healthcare had inked a transaction to lease a 5,000 sq feet apartment in super-premium residential tower Signature Island from Starlight Systems, a part of the project’s developer Sunteck Realty, for a monthly rental of around Rs 10 lakh. The total tenure of the lease was 36 months, which takes the rentals pay-out to over Rs 3.60 crore during the period. The luxury pad was likely to be occupied by a CXO of the company as the company’s corporate office is just a few meters away from this complex. Lease rentals in this tower are currently (Jul 2024) hovering around Rs 15 lakh a month for a smaller duplex and Rs 20 lakh for a larger duplex apartment.

2021 (Jul 14 - Jul 16): Zomato (inc in 2010) IPO offers 719,233,522 shares. Zomato has a strong network of 131,233 restaurants and 161,637 delivery partners.

FY21: From Zomato, Nykaa, and Paytm to Nazara and MapmyIndia: Indian Tech Startups Raised Over $7.3 Bn Through IPOs In 2021. The Zomato IPO opened the floodgates. It signalled to the market ‘ki apna time aa gaya (Our time has come)’. Its Rs 9,375-crore IPO got bids of over Rs 2 lakh crore, and it [valuation] almost doubled on the listing date.

2021 marked a record-breaking year for IPOs globally, raising a total of $608 billion across 2,682 IPOs.

2021 (Apr 21): Rahul Bajaj announces his resignation as chairman of Bajaj Auto w.e.f. Apr 30, Niraj Bajaj (currently non-executive Director) to take over from May 1. Rahul has been named Bajaj Auto Chairman Emeritus for five years with effect from May 1.
After taking charge of the Bajaj Group business in 1965, Rahul Bajaj led the company to its growth path. Under his stewardship, Bajaj Auto, the group's flagship company, saw its turnover grow to Rs 12,000 crore from just Rs 7.2 crore with the firm's scooters becoming the mainstay. (growth of more than 150 x to be exact ~167 x)

Niraj Bajaj has been on the Board of Directors of Bajaj Auto Ltd., Bajaj Allianz Life and General Insurance Co Ltd., and is Chairman of Bachhraj & Company, Jamnalal Sons and various other Bajaj Group Companies. He is also the Chairman & Managing Director of Mukand Limited and Chairman of Bajaj Holdings & Investment Limited (BHIL).

--------------------- Full-scale Russian invasion of Ukraine (2022–present) -----------------------

2022 Feb (24): [GeoPolitics] The Russian invasion of Ukraine began on the morning of 24 February 2022, when Putin announced a "special military operation" to "demilitarise and denazify" Ukraine.

2022 Mar (11): Between March 16, 2020, and March 11, 2022, the watch index was up 80%, against 29% for the Nifty and 55% for the S&P 500 (US). Gold, during this period, was up 30%. According to a report by Knight Frank, luxury watches have outperformed other passion investments like classic cars, art, and wine over the past decade, with Rolex leading the pack. They are becoming more like gold but for the uber-elite.

 

2022: Upper-class IT engineer in India minting Rs. 45L/annum or $60k/annum

2022:Ukraine has fairly low external liquidity relative to sovereign external debt service of USD4.3 billion in 2022, and expected capital outflows will further weaken its external financing position.

2022: Sylvester Stallone Sells Los Angeles Mansion Once Asking $110 Million—for a Steep Discount

2022: Nayanthara is one of the most loved celebrities of India, has a net worth of $10 Million as of 2022. Which are Rs 74 Crores in Indian Rupees. She has a monthly salary of approx. 1 crore + with an annual income of Rupees 15 crore as of 2022.

2022: According to multiple reports, Samantha charges between Rs 3 crore to Rs 5 crore for her films. Depending on the production house and a lot of other factors, the actress will quote her remuneration accordingly. It is said that Samantha charged a whopping Rs 5 crore for her special song in Pushpa: The Rise.

2022: 2022 BMW X4 launched in India at Rs 70.50 lakh

2022:Mercedes-Benz has introduced made in India Mercedes Maybach S class. The price of the car is a whopping 3.2 crore for one of the variants and the other for 2.5 crore.

2022:[Politics] Congress' Nawab Kazim Ali Khan, the richest candidate with over ₹296-crore assets, lost from Rampur seat after receiving 4,000 votes. AIMIM's Shah Alam, the second-richest candidate with assets over ₹195 crore, lost from Mubarakpur after receiving fourth-highest votes (36,460). SP's Supriya Aron, the third-richest candidate with assets over ₹157 crore, lost from Bareilly Cantt by 10,768 votes.

2022:[Politics] AAP's Kulwant Singh, richest candidate in Punjab Assembly elections with over ₹238-crore assets, won SAS Nagar seat by beating Congress' Balbir Singh Sidhu by 34,097 votes. SAD leader and ex-Deputy CM Sukhbir Singh Badal, second-richest candidate with ₹202-crore assets, lost from Jalalabad to AAP's Jagdeep Kamboj by 30,930 votes. Congress' Karan Kaur, third-richest candidate, lost from Muktsar.

2022:[Finance]India’s foreign exchange reserves rose by $394 million to $631.9 billion in the week ended March 4, according to data released by the Reserve Bank of India (RBI). India currently has the fifth largest holdings of international reserves in the world, RBI deputy governor Michael Patra said on Friday. In the previous week ended February 25, the reserves had declined by $1.4 billion to $631.5 billion. It touched a lifetime high of $642.4 billion in the week ended September 3, 2021. Only China, Japan, Switzerland and Russia have a higher level of reserves compared to India. India had last year overtaken Russia to rank fourth.

2022 (Mar 11): Power Finance Corporation on Friday said it has paid Rs 886.97 crore as an interim dividend to the government (to Minister for Power, New & Renewable Energy RK Singh in the presence of the Power Secretary Alok Kumar and other senior ministry and company officials.) for the financial year 2021-22. This is in addition to Rs 333 crore and Rs 370 crore paid as first and second interim dividend, respectively, earlier. With this, PFC has so far paid interim dividends amounting to Rs 2,838 crore to its shareholders. For the financial year 2021-22, which is the highest ever dividend paid by PFC.

2022 (Mar):[Bank][Loan] Mortgage lender HDFC Ltd is said to have approved retail home loans totalling more than `2 lakh crore in the current fiscal year, its highest ever in a financial year. Last year the lender had processed home loans worth `1.55 lakh crore. INR 2L Cr.

2022 (Jun 17): The Indian IT industry is a major exporter of IT services with $227 billion in revenue and employs over 5 million people.

50 lakh in Indian IT services.

35 lakh test takers of IELTS in 2018 worldwide.

35 lakh test takers of TOEFL iBTin 2022 worldwide.

15 lakh applied for the UPSC 2023.

9.3 lakh aspirants registered for the NTA JEE Mains 2023.

2 lakh students appear for CAT every year.

2 lakh candidates appear for the GMAT annually worldwide

1 lakh+ students apply for GRE test in India.

[Tax][India] CBDT's Mumbai re- gion, which accounts for over 30% of the I-T collections

[Tax][India] INSIGHT - The amended law allows the department to go back 11 years (i.e. 10 years from the end of the assessment year in which the notice is received) if total income that has es caped tax is suspected to be more than `50 lakh; it’s four years if escaped in- come is below `50 lakh. The information uploaded on the portal is obtained from banks, overseas authorities, agencies like the Central Bureau of Investigation and Enforcement Directorate and other third parties.

[Equity]

IPOs raised a record `1,22,670 crore during the year, surpassing the previous high set in 2017-18.

In the past 10 years 543 new stocks got listed. 

62.2% of these have stopped trading. 

4% have dropped 50-80%. 

10 stocks are less than 10% up 

5% are 50-100% up 

6% stocks are 100- 300% up 

15 stocks are more than 300% up 

6% have risen 10-50% 

15% are trading below issue price 

[Housing] Housing sales and launches reached a new high in the Jan-March quarter with sale of 70,623 units, highest in a quarter since the Covid outbreak, according to a report by PropTiger.com.

2022: Reliance Capital reported a loss of Rs 3,921 crore for the nine-month period ended December 2021 against Rs 7,638 crore a year ago, according to data on the company’s website. The total assets stood at Rs 83,973 crore as on March 31, 2019. Reliance Capital received claims worth Rs 31,020 crore from its financial creditors, of which claims worth Rs 24,756 crore were admitted as on March 1. The subsidiaries include Reliance General Insurance, Reliance Nippon Life Insurance, Reliance Securities, Reliance Asset Reconstruction Company and Reliance Home Finance.

2021 (Aug): India's forex reserve $561B - dropped by $80B to stabilize INR's falling value as a consequence of USD's excessive printing during COVID

2021 (Nov): Reserve Bank of India (RBI) superseded the board of Reliance Capital and appointed Rao the administrator to oversee the corporate insolvency resolution process (CIRP).

2021: Buffett's Berkshire Hathaway Energy (BHE), one of the companies working to pull lithium from the lake, was given a $14.9 million grant in 2021 by the DOE to study how Salton Sea-region lithium could be used to make lithium hydroxide, a specialized type of the metal that produces more efficient and longer-lasting EV batteries. The company owns 10 of the 11 geothermal power plants at the Salton Sea.

2021:[Godman] Asaram Bapu oversees a network of 350 ashrams globally, along with ownership of 17,000 Bal Sanskar Kendras. As of 2021, his Trust generated an annual revenue of around 350 crore rupees, as per several reports.

2022 (Feb): The number of McDonald's stores in Russia exceeded 850 as of February 2022, steadily increasing over the observed period. McDonald's was present in the country since January 1990. 13,500 McDonald's restaurants in US as of Oct 2023. 1.3 million new McDonald's employees each year in US.

2022 (Mar 19): During 14th India-Japan annual summit, Japanese Prime Minister Fumio Kishida on Saturday announced a 5 trillion yen ($42 billion) investment in India over the next five years during a meeting with Prime Minister Narendra Modi in New Delhi. In 2014, then-Japanese Prime Minister Shinzo Abe announced 3.5 trillion yen in investment and financing over five years during a visit to India.

The Karnataka government has approved the Rs 134-crore Devatkal lift irrigation project, Chief Minister Basavaraj Bommai said on Saturday. He said that the Mekedatu project, among others, would also be implemented.

Dodla Dairy Ltd, the Hyderabad-headquartered listed dairy firm, on March 19 announced the acquisition of Karnataka-based Sri Krishna Milks Private Ltd for Rs 50 crore. Sri Krishna Milks, which is mainly into procuring of milk, manufacturing and selling dairy products, reported a turnover of Rs 67.27 crore in FY 2020-21, down from Rs 76.27 crore in 2019-20 and Rs 90.20 crore in 2018-19, said Dodla Dairy.

New Delhi: India's foreign exchange (forex) reserves declined by $9.646 billion to $622.275 billion in the week ended March 11, the sharpest decline in nearly two years, as the Reserve Bank of India (RBI) heavily sold dollars to prevent the slide in the value of rupee. The Indian rupee plunged to a record low of 77.02 against a US dollar on March 7. The central bank is estimated to have sold $1 billion a day during the week to prevent further weakness in the Indian currency. The country`s forex reserves had touched an all-time high of $642.453 billion in the week ended September 3, 2021. The value of India`s Special Drawing Rights (SDRs) with the International Monetary Fund (IMF) declined by $53 million to $18.928 billion. India`s reserve position in the IMF dropped by $7 million to $5.146 billion during the week ended March 11. The value of gold reserves jumped by $1.522 billion to $43.842 billion during the week under review.

Data released by RBI on Thursday pegged FDI inflows during April-January this year at $45 billion, compared to $51.1 billion in the corresponding period last year, translating into a decline of a little under 12%. The numbers also showed that FDI out of India increased 63% to $13.5 billion, resulting in a sharper decline in net FDI. Net overseas direct investment is estimated to have declined 26.4% to $31.5 billion. Government sources said that FDI inflows have been healthy this year but saw a massive increase last year due to mega deals stitched by Reliance Jio, which saw investments from the likes of Facebook and Google.

2022 (Apr 6): Sri Lanka's total debt to China stands at $8 billion, almost one-sixth of Sri Lanka's total external debt of $45 billion.

2022 (Jun): Hawaii residents also pay far more for electricity than other states because utilities use a lot of petroleum to generate electricity. In June 2022, it cost residents an average of 44.09 cents per kilowatt hour compared to the U.S. average of 15.42 cents, according to the Energy Information Administration.

2022 (Aug 28 14:30):[Realty] Noida twin tower demolition: The towers collapsed straight down in what is called the "waterfall technique". The Supertech twin towers in Noida, which were taller than the Qutub Minar, were razed to the ground at 2:30 pm today, nine years after residents went to court alleging violation of norms. Apex and Ceyane, the two illegal towers built by Supertech in its Emerald Court compound in Noida's Sector 93A. The 40 story building that took nearly three years to be built was reduced to a rubble in barely seconds. 3,700 kg of explosives was used to destroy them.

When the 'Supertech Emerald Court' housing society was originally sanctioned, the building plan showed 14 towers and nine floors. Later, the plan was revised and the builder was allowed to construct 40 floors in each tower. The area where the towers were built was to be made into a garden as per the original plan.

2022 (Sep): UPI - Unified Payments Interface is an instant real-time payment system developed in Apr 2016 by NPCI to facilitate inter-bank transactions through mobile phones. It reached 650 Cr+ number of transactions, with value more than Rs. 10 trillion and Rs. 0 cost to customer. It is expected to cover 8% of India's GDP.

2022 (Sep 8):[India] Industrialist and former Tata Sons chairman Cyrus Mistry died in a road accident near Mumbai on Sunday evening. One of India's oldest business groups - Shapoorji Pallonji group is 23,475 crores in debt. The company has sold vital assets to reduce debt by 13,500 crores in a year. 

2022 (Oct): [Space] NASA's DART mission trying to monetize the asteroid belt, valuation at $700 quintillion. It costs $9000 - $43000 to send a water bottle into space.

2022(Nov 18):[Startup][Aerospace] Skyroot Aerospace launches India’s first private rocket Vikram-S into space. The rocket, weighing 546 kilograms (1203 pounds), was launched from the Sriharikota spaceport and reached an altitude of 89.5 kilometers (55.6 miles). Skyroot Aerospace was launched in 2018 and is based in the southern tech hub of Hyderabad. It was founded by former ISRO engineers and has raised $68 million in funding, according to data firm Tracxn. Pawan Kumar Chandana 

2022 (Nov): AirTel dropped the ₹99 basic plan, launched ₹155 to activate a new SIM number. Jio is priced at ₹103.

2022:[Telecom] 300M telecom customers in India. 150M uses feature-phone (Dark TV Homes, served best by Jio), 45M (Free TV Homes), 77M (TV First Homes - Pay for TV, but not for OTT), 43M (Digital First - pay for TV and atleast 1 OTT), and 2M (Digital only - rarely access conventional TV, served best by AirTel). 250M feature phone users in India. Jio targets 100M out of them, takes up 103/subscription (₹100B), avg lifespan of 4 years 5000/phone (₹500B) and 100M more viewers on JioPhone, also some on JioPay and JioSaavan. JioCinema on IPL 2023, 147 Cr views on opening day.

AirTel's base: 200M feature phone, 600M smartphone users, 35M postpaid, 30M broadband users. 25-30% of AirTel's revenue is generated by the postpaid users (6%).

--last edit Oct 2022, then Aug 2023

2022: Nancy and Jim Cotton, both lifelong Texans, moved to a small town in northern Georgia in 2022. The couple was tired of paying high property taxes and wanted a new adventure in retirement. In Georgia, they have a bigger property at a lower cost and save up to $3,000 monthly. Nancy: We bought a 2,800-square-foot home there for $696,000 that sits on three acres of land and has views of the Blue Ridge Mountains. We have no mortgage and are saving $3,000 a month. The county we live in has a property-tax exemption for seniors on school taxes, so now we only pay $1,599 a year. Our water, which used to run $300 a month in Texas, is part of a community well, so it doesn't cost us anything. Though Georgia has an income tax, they don't tax Social Security and exclude up to $135,000 per couple for most retirement income like pensions and 401(k)s, so we pay barely anything. Nancy: Before leaving Texas, we were living in a new subdivision in Leander, which was at the edge of the Texas Hill Country. In 2015, we purchased our 4,500-square-foot home for $695,000. Nancy: We eventually sold it to Californians at a huge profit, about $1.5 million.

Florida homeowners were happy to make the million-dollar profits selling to wealthy families from New York and California, Meyer Lucas said. But people now are taking these profits "out-of-state along with the people who are teachers, cops, and firefighters, Meyer Lucas said. They're moving to the Carolinas, moving to Alabama. They're moving to Georgia. Some who have looked to return to Florida have found they can't afford to live there anymore. "What's happening is if they want to come back to our area, their $800 a month mortgage is not an option anymore," she said. "They must pay nearly $4,000 monthly to rent the same type of home."

2023 (Jan 5): Bhagwati Products, the electronics manufacturing unit of Gurgaon-based Micromax Informatics, said on Wednesday it has received Rs 5.3 crore from the Ministry of Electronics & Information Technology, under the production-linked incentive (PLI) scheme for IT hardware, for meeting the incremental production targets.

2023 (Jan 29): Electronics manufacturing as a whole, we see next year that we will at least do Rs 1.28 lakh crore. I have already said that we will see mobile phone production reaching Rs 1 lakh crore in 2023-24.

2023 (Jan):[Tax][GST] As of January 2023, the number of entities liable to pay the goods and services tax in India under the "normal taxpayer" category consisted of more than 12.2 million taxpayers. Overall, there were over 14 million registered GST taxpayers during this time.

2023:[Budget] FY23

Defence - 5.25 lakh crore

Consumer Affairs - 2.2 lakh crore

Road Transport and Highways - 2 lakh crore

Home Affairs - 1.85 lakh crore

Rly - 1.4 lakh crore 

FY22: Last fiscal, India had imported 850,000 tonnes of tur (pigeon peas) to meet domestic demand. The Centre has also extended the import of tur and urad pulses under the ‘free category’ till March 31, 2024. "We have urged the government to float tender for 5 lakh (500,000) tonnes for other pulses,” Bimal Kothari, chairman of IPGA, said. “Now the government only floats tender for tur pulses for its mid-day meal scheme. If this happens then prices of tur will soften". (Apr 2023)

2023 (Mar): Buoyed by attractive government incentives towards local manufacturing, India is all set to reach a remarkable $10 billion (over Rs 82,000 crore) worth smartphone exports in the fiscal year ending March 31, industry data showed on Wednesday.

2023 (Mar): India's imports increased to $892.18 billion and exports increased to $770.18 billion in FY2022-23. GoI has debts of US$3.2 trillion. Revenue is US$340 billion. Expense is US$560. Provided economic aid of $4.234 billion (2021) incl. $30.59 billions Line of Credit in total. Foreign reserve dropped to $593.037 billion.

2023 (Mar 29): India's B2B e-commerce startups sees 3-6x growth, India's B2B (business-to-business) market is twice the size of B2C (business-to-consumer) and contributes roughly two-thirds to India $3 trillion economy.India has seen the rise of several B2B unicorns too and, they are going after what's potentially a $2 trillion opportunity.These companies are fuelling the engines of Indian economy — the micro-, small- and medium-sized enterprises (MSMEs). The addressable market is big with over 65 million MSMEs all ready to go digital, but only about six to 10 million of them actively buy and sell online.

2023: India's electronics industry saw a record exports of electronic goods at an estimated Rs 1,85,000 crore in FY23 -- compared to Rs 1,16,936 crore in FY22 -- marking a whopping 58 per cent increase.
2023 (Mar 29): Rs5,000 cr from Sebi-Sahara fund to be paid to depositors. A bench of justices MR Shah and CT Ravikumar noted that the amount was lying in the "Sahara-SEBI Refund Account" unutilised. The Supreme Court on Wednesday allowed a plea by the Centre seeking allocation of ₹ 5,000 crore out of ₹ 24,979.67 crore deposited by the Sahara group with market regulator Sebi to repay dues of the depositors of the Sahara Group of Cooperative Societies.

2023 (Mar): Since 2017, global market of mushrooms has grown 30% to $50B

2023 (Apr): India's GDP at $3.736 trillion (nominal).

2023 (Apr 10): Jio Platforms bags Rs 350 crore deal to run National Informatics Centre’s cloud services.

2023 (Apr 14): will connect the upcoming Noida International Airport, Jewar with IGIA, New Delhi via the Airport Express Line. The project will be in two parts – 35.64 km from Jewar to Knowledge Park-2, which is in Noida on the Noida-Greater Noida metro, and 36.36 km from Knowledge Park-2 to New Delhi, where commuters can take the existing Airport Express Line. (DMRC, NMRC)

2023 (May 17):[Fcast] Knight Frank's recent report reveals a projected 58.4% increase in India's ultra-high-net-worth individuals (UHNWI) with a net worth over $30 million, from 12,069 in 2022 to 19,119 in 2027. Furthermore, India’s billionaire population is expected to grow from 161 individuals in 2022 to 195 individuals in 2027. As of 2022, India is home to 797,714 high-net-worth individuals (HNIs), or those whose asset value is at $1 million or more. Such individuals will double in number – growing at a massive 107% in the next five years to 1.65 million.

The report also reveals how deep one's pockets must be to join the wealthiest 1% club in various countries. Monaco, which has the world’s densest population of super-rich individuals, tops the list with the entry point for the principality’s 1% being estimated at $12.4 million. Among Asian nations, Singapore has the highest threshold with $3.5 million required to be in the top 1%, ahead of Hong Kong's $3.4 million. India stood 22 above South Africa, Philippines and Kenya in the list of 25 countries in the company's wealth report with the entry-level at $175,000.

2023 (May 19):[GoI] The total value of ₹2,000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2,000 banknotes was announced, has declined to ₹8,897 crore at the close of business on January 31, 2024, per a central bank statement.

2023(Jun): [Contract][Company] TCS, Infosys, Wipro, and HCLTech are the top four Indian IT firms that have collectively booked deals worth nearly $20 billion in the June quarter.

Infosys has signed a deal with global telecom major Liberty Global which is valued at 1.5 billion euros over the initial five-year term and at 2.3 billion euros if the contract is extended to eight years. The collaboration allows Liberty Global to realise run-rate savings of more than 100 million euros per annum, inclusive of other savings and technology investments. More than 400 Liberty Global employees will join Infosys.

Before Liberty, Infosys strike a deal with an existing strategic client to provide AI and automation-led development, modernisation, and maintenance services. The company said the total client target spend over five years is estimated at $2 billion.

India's largest IT services player Tata Consultancy Services (TCS) signed a contract with Nest, UK's largest workplace pension scheme, which has offset some of the concerns that arose from the company's recent loss of part of the over $2-billion deal from Transamerica.

The Nest contract value was signed for 840 million pound with an initial tenure of 10 years with an option to extend the tenure by eight years.

Recently, HCLTech bagged a $2.1-billion deal from Verizon Business, the enterprise division of global telecom giant Verizon Communications, that includes deployments involving managed network services for enterprise customers.

2023 (Jun 9):  "Southern states to contribute 35% of India's $7 trillion economy by 2030" - TOI report.

2023 (Jun 26):[IT] Infosys wins $454 million digital transformation deal from Danske Bank. INFY will also acquire the lender’s IT centre in Bengaluru that employs 1,400 people for 13.6 Danish Krone (or Rs 16.3 crore). Last month, Infosys won a $1.5 billion deal from global energy giant BP for a period of five years. The deal is the largest it has won in the last three years. This marks the first such acquisition of a global capability centre (GCC) since the Silicon Valley Bank crisis earlier this year.

2023 (Jul 7): The merger of HDFC with HDFC Bank, worth $40 billion, is expected to cause a deceleration in credit off-take to 13-13.5% this fiscal from over 15% last fiscal, according to a report. Personal loans and lending to non-banks drove an increase of 15.4% on-year to INR 140.2 lakh crore for the fortnight to June 16.

2023 (Jul 7): This week, one spacecraft took four people on its first commercial flight right to the edge of space, high enough to see the earth's curvature and the inky blackness of the universe. Another 800 are waiting in queue, at nearly $500,000 per person. Two other space flight companies have also taken 'tourists' up earlier. The latest group went on this flight a few days after five people perished going the opposite way: down into the depths of the Atlantic Ocean to see the sunken Titanic.

2023 (Jul 20): The Indian government will re-auction the performance-linked incentives (PLI) for 20 GW advanced chemistry cell (ACC) battery manufacturing. Estimated incentives of ₹7,240 crore will be offered under the ₹18,100 crore PLI scheme disbursed over five years. Panasonic is reportedly considering opening a battery manufacturing plant for ACC battery storage in India, to supply batteries to major Indian companies such as Mahindra & Mahindra, Tata Motors and the Volkswagen group.

2023 (Jul 27): Nirmala Sitharaman said that the country has set its sight on becoming energy independent by 2047 and achieving net zero by 2070.
2023 (Jul 28): The U.S. carmaker has expressed an interest in building a factory in India that would produce a low-cost electric vehicle (EV) priced at $24,000, around 25% cheaper than Tesla's current entry model, for both the Indian market and export.

2023: (Aug): Directorate General of Foreign Trade (DGFT), in a notification, said that exemption from import licensing is provided for up to 20 items per consignment for R&D, testing, benchmarking and evaluation, repair and return, product development purposes.
2023 (Aug): Govt likely to Disburse ₹13kcr Under PLI Scheme this Year. So far, 33 QCOs for over 127 products such as ACs, refrigerators, pipes,and safety valves have been issued. 60 quality control orders (QCOs) are in the works this year for products such as consumer goods, rubber, paper and light engineering items with an aim to contain imports of substandard goods and boost domestic manufacturing.

Out of the 733 applications selected under various PLI schemes, 176 MSMEs are among the PLI beneficiaries.

2023 (Aug 11): HCLTech wins $2.1 billion Verizon deal. Verizon Business, the enterprise division of global telecom giant Verizon Communications, said on Thursday that it has made HCLTech its primary managed network Services (MNS) collaborator in all networking deployments for global enterprise customers. In a filing to the exchanges, HCLTech informed the deal value has an estimated new total contract value (TCV) of $ 2.1 billion for a duration of six years. This is the largest ever deal for the company after the $1.3 billion Xerox renewal deal in 2019. HCLTech CFO Prateek Aggarwal told ET that the company has a number of large deals at advanced stages of the pipeline.

2023 (Aug 13): RBI announced the withdrawal of 2000 rupee notes from circulation and 88% of the 2000 banknotes have been exchanged till now, but Rs. 42,000 crore worth of notes are still in circulation. Till 31 July, banks had received 2,000 notes worth 3.14 lakh crore. (almost 6 lakh crore of 2000 notes ever printed?)

2023: 6.77 crore assesses filed tax returns this year, 16.1% more than the 5.83 crore returns filed last year. 53.67 lakh of the assessees filed tax returns for the first time. 64.33 lakh returns were filed on 31 July, the last date for filing returns. 486 per second was the fastest filing rate registered between 5 pm and 6 pm on 31 July.

2023 (Aug 15): India’s second-largest IT company Infosys has announced a five-year mega deal win with Europe-based telecom and communications group Liberty Global that has been valued at €1.5 billion (or ~$1.64 billion) for the initial engagement period. This is an extension of their initial collaboration signed in February 2020. Infosys will take over the build and operations of Liberty Global's Horizon entertainment and connectivity platforms. The Bengaluru-based firm also aims to add its Topaz AI offerings, according to the exchange filing. The deal can be extended up to eight years or more. It results in total contract value climbing to €2.3 billion (or ~$2.5 billion) if the contract is extended to eight years.

This is the third large deal announced by Infosys over the last few months. In June, Infosys has bagged a digital transformation deal with Nordic-based Danske Bank valued at $454 million for a period of five years. Technically, Liberty’s deal also supersedes Infosys' $1.5 billion deal from global energy giant BP for a period of five years it won in May–which was its largest deal in the last three years. This comes as HCLTech also announced a $2.2 billion deal from Verizon last week.

The collaboration will also result in Liberty Global savings of over €100 million per year, inclusive of other savings and technology investments. As a part of the deal, more than 400 Liberty Global employees will be joining Infosys. Senior executives and technology teams from product, technology development, service delivery, network & shared operations and security will transition to the IT major.

2023 (Aug): After a hiatus, there's now a rise in multi-billion dollar deals in IT services. These involve both asset and people takeovers from the customer, and the objective is to cut costs. The top four Indian IT firms -- TCS, Infosys, Wipro and HCLTech -- collectively booked deals worth nearly $20 billion in the June quarter, with TCS accounting for about half of that. A good part of that has come from large deals. Managements of top IT firms have called out several mega deals in recent weeks.
Infosys has expanded its partnership with global telecom major Liberty Global in a deal valued at €1.5 billion over the initial five-year term, and at €2.3 billion if the contract is extended to 8 years.
Prior to Liberty, Infosys won a deal from an existing strategic client to provide AI and automation-led development, modernisation, and maintenance services. The company said the total client target spend over five years is estimated at $2 billion.
TCS has won a massive contract from Nest, UK’s largest workplace pension scheme, which has offset some of the concerns that arose from the company's recent loss of part of the over $2-billion deal from Transamerica. The Nest contract is worth £840 million with an initial tenure of 10 years. There's an option to extend the tenure by eight years. If extended, the total value of the contract in its 18-year tenure would be £1.5 billion.

2023 (Aug 17): Vedanta’s bid to acquire Meenakshi Energy through the insolvency resolution process was approved by the Hyderabad National Company Law Tribunal last week. The Anil Agarwal company offered ₹1,440 crore. Vedanta submitted a plan on August 29, 2022, which was amended on October 28. Again, on December 26, Vedanta submitted an improved offer — from ₹650 crore to ₹1,440 crore.

2023 (Aug 14): Nepal considers raising Mt Everest climbing fee to $15,000 for foreigners (eff 2025). The current fee structure enables any foreign climber to ascend Mt Everest from the South Face (Nepal side) upon payment of $11,000. Nepali climbers are subject to a fee of NRs 75,000 (less than $560). The government had last revised the royalty fee in January 2015.

2023 (Aug): From Sep 2022 to Aug 2023, the top 50 AI tools had a staggering 24 billion visits. ChatGPT led the pack with 14 billion visits - that’s over 60% of all traffic. On average, these tools saw 2 billion monthly visits, soaring to 3.3 billion in the last 6 months. ChatGPT, Character AI, and Google Bard experienced significant growth, while Craiyon, MidJourney, and Quillbot saw a dip. The US contributed a massive 5.5 billion visits (22.62%), with Europe following at 3.9 billion.

2023 (Aug): Cumulatively, since the monsoon hit on 24 June, 170 incidents of cloudburst or landsliding have been reported and 9,600 houses have been damaged in Himachal Pradesh. Chief minister Sukhvinder Singh Sukhu has stated that the losses from the combined floods of 2023 have been as high as 10,000 crore rupees, and the damaged infrastructure would take a year to repair.

2023 (Sep 8): Ukrainian Ambassdor said 'F**k Off' to Elon Musk after he recalls the $80M satellite services over Crimea offered free to Ukraine by Elon Musk.

2023 (Sep): Indian Railway Parcel Service generated 888.13 Cr in FY2023-24.

----------------------------------- Israel - Hamas War (2023–present) --------------------------------

2023 (Oct 7): Hamas launched a surprise attack on southern Israel from the Gaza Strip. After clearing the militants from its territory, the Israeli military embarked on an extensive aerial bombardment of the Gaza Strip followed by a large-scale ground invasion beginning on 27 October. This happened within 600 days the Russia-Ukraine conflict got re-activated.

2023 (Oct 30): GCPL acquired the FMCG business, along with the Park Avenue, KS, KamaSutra and Premium trademarks, through a slump sale in April 2023. In a filing with the exchanges, Godrej Consumer Products Ltd, the acquirer, said it had paid ₹2,825 crore. The Directorate General of GST Intelligence (DGGI) is probing a recent deal in which Raymond sold its consumer goods business to a Godrej unit, sources aware of the matter told ET. The sources cited said the GST authorities have asked Raymond Consumer Care ltd (RCCL) to explain why GST should not be levied on the transaction amount.

2023 (Nov): The transactions in the GeM portal have surpassed the ₹5.93-lakh crore since its launch (in 2016) and helped government to save over ₹45,000 crore.

2023 (Dec 4): California lake could have largest lithium supply in the world. It would also make the reservoir the largest in the world, overtaking Chile (nine million metric tons). One ton of lithium is currently priced at $29,000, making the supply in the Salton Sea worth more than $540 billion. The DOE said it could support over 375 million electric vehicle batteries.

2023 (Dec 10): [IT] HCLTech's $2.1 billion deal with Verizon and a $454 million deal between Infosys and Danske Bank. The big IT firms classify contracts worth $100 million or above as large deals and those above $500 million as mega deals, which are typically struck when demand is low.

Up for renewal is the $1-billion deal from Japanese med-tech firm Olympus Corp — currently serviced by Wipro — as well as Vodafone Idea’s $750-million contract and AT&T’s $2-billion one, both of which are now with IBM Corp.

2023 (Nov):[IT] Wipro ended the second quarter with 22 accounts of above $100 million, almost double what they were in FY21. Its total contract value (TCV) of large deals stood at $1.3 billion, the highest in the last nine quarters.

Infosys’ TCV of large deals in the second quarter (Q2) was the highest ever at $7.7 billion, 48 per cent of which was net new. Consequently, the TCV of large deals for the first half (H1) of FY24 stood at $10 billion, which exceeded the contracts for large deals in FY23.

“Our Q2 large deals include four mega ones. It does not include the MoU we signed and announced for $1.5 billion. We see that with our large deal wins in the past two quarters, we are winning market share in the area of cost, efficiency, automation, and artificial intelligence,” said Salil Parekh, CEO and managing director (MD), in a post-earnings analyst call.

Infosys Chief Financial Officer Nilanjan Roy said: “Delays in decision-making continue. Our strong large-deal signings and pipeline will help support growth in the medium term.”

“IT vendors pursue mega deals with clients because they offer substantial revenue, long-term commitment, and the opportunity to showcase their expertise. Furthermore, mega deals can also lead to cost efficiencies and foster strategic partnerships, and innovation, which can enhance the vendor’s reputation as well as its competitive edge among its peers,” said Biswajit Maity, senior principal analyst, Gartner.

HCLTech signed 16 large deals worth a TCV of $3.9 billion during Q2. In August, it won a six-year deal with Verizon Business for an estimated TCV of $2.1 billion. This was the largest ever deal for the company after the $1.3 billion Xerox renewal deal in 2019.

Tata Consultancy Services (TCS), India’s largest IT services company, reported an order book TCV of $11.2 billion, the second-highest in a quarter. This includes two large deals of $1 billion each from Bharat Sanchar Nigam Ltd (BSNL) and JLR.

2023:[US] California's gas prices are also higher than elsewhere due to issues with supply, more state regulations, and high taxes, which at 53.9 cents per gallon, is second only to Pennsylvania.

At 12.75%, New Yorkers have the country's highest overall tax burden when combining property tax, income tax, and sales and excise tax. Even for those who don't own property, New York's income tax is the highest in the U.S., at 4.9%.

The country's largest state by area is also one of the least populated, with many towns and cities that are difficult to access. Most basic goods must be shipped long distances to get to consumers, which drives up prices. Kodiak and Juneau rank #1 and #3 in the country for highest grocery prices; the cost of living indices in this category are 154.4 and 137.8, respectively. High energy prices also drive up the cost of living.

Car insurance in Maryland is much higher than national averages because the state mandates high minimum liability insurance, personal injury protection, and uninsured motorist coverage. Drivers in Maryland pay more—about $2,120 annually—for minimum coverage than the national average for full coverage—about $2,000 annually. Full coverage in Maryland costs more than two times the national average at about $5,000 per year. The price of insurance contributes to Maryland's high cost of living. According to Filterbuy, the Baltimore metro area's housing costs increased 22.3% from 2010 to 2020.

High-paying jobs in Oregon also come with higher costs. Housing prices have increased 30.5% from 2010 to 2020 due to high demand and low supply, per a 2021 report from Filterbuy.

Gas prices are also higher in Oregon than in other states due to a lack of refining capacity. Oregon also prohibits self-serve gas pumping, so residents must pay for the costs associated with employing gas station attendants.

Apartment rents in New Jersey have spiked, particularly in Jersey City. Many New Yorkers have relocated across the Hudson River to this city for more space with the same urban feel and relative accessibility to New York. Other parts of the state have cheaper housing, but overall, housing costs are considerably higher than the U.S. average.

The cost of heating a home in Maine can be an expensive prospect. More than 6 in 10 Mainers use fuel oil, the most costly heating option in the country, and prices can be volatile depending on supply and demand. Some relief may be coming to low-wage earners, as a new state law ties Maine's minimum wage to the cost of living index and is adjusted annually. By 2023, 147,000 Mainers will get a pay raise from $12.75 to $13.80 per hour.

2023:[US] If you have been picking up a few extra dollars selling goods or services online, it will be a relief to know that the IRS has postponed implementing a new rule that would have required you to report your earnings if they exceed $600 per year. According to the IRS, the new $600 Form 1099-K reporting threshold for third parties will not take effect in 2023. The tax agency says it will treat this year as an additional period of transition.

India has emerged as a global leader in the startup domain, with a staggering count of over 92,000 startups, collectively valued at $350 billion. Notably, India ranks third worldwide in the number of startups and boasts a growing list of over 100 unicorns, accompanied by more than 100 soonicorns — startups swiftly approaching the coveted $1 billion valuation mark.

These high-growth startups, often credited as category creators, have introduced entirely new industry segments, positioning them as critical players in India's ambitious goal of reaching a $5 trillion economy by 2025 and achieving full-fledged developed nation status by 2047.

The stock of Piccadily Agro Industries—the company that runs the sugar mill—has soared. It was ₹25 in December 2021 and has since shot up to ₹241. The Haryana-based sugar mill with a market capitalisation of ₹250 crore before the whiskey launch less than two years ago is now a liquor firm worth ₹2,275 crore. Piccadily Agro CEO Praveen Malviya is gratified by the market response. In 2021, the three-decade-old company had about 28,000 barrels of malt that had been stored in its warehouse for over seven years. In India's extreme weather, the casks matured twice as fast as they would take in Scotland, arguably the home of whiskies. Piccadily’s whiskey was created by master blender Surrinder Kumar, a former distiller at Amrut Distilleries. Piccadily has sold nearly 18,000 cases of Indri Trini since the 2021 launch until the end of FY23. To avoid a supply-demand mismatch, the Haryana-based company has been ramping up capacity, with plans to take it from 12,000 litres a day of malt now to 20,000 litres by April next year. Similarly priced scotch rival Glenlivet, about Rs 6,000 a bottle depending on the shop’s location, sold 95,000 cases while Jack Daniel's sold 128,000 cases last year. Both have been present in the country for over a decade. Premiumisation has hit a new high since the pandemic. Last year alone, Indians consumed more than 7.5 millon cases of Scotch whisky, almost double that of 2020, when it was 3.9 million cases. And it’s not just Scotch. Between 2020 and 2022, Irish whiskey grew five times, Japanese whiskey sixfold and American whiskey three times, with all three reaching 500,000 cases combined, up from 150,000.

Over the past 30 months, 12.7 million accounts have been opened by members of Generation Z, specifically those between 18 and 20 years old. According to BSE data, the number of accounts held by individuals aged 18-20 has risen to 16.1 million as of September 30, 2023, from a mere 3.4 million as of March 2021. According to BSE data, in the last 30 months, 17.7 million accounts were opened by individuals in the 20-30 age group, whereas a maximum number of 36.8 million accounts were initiated by those in the 30-40 age group. As of September 30, this year, the cumulative count of accounts held by individuals between 30-40 years old reached 61 million. However, a significant portion of this demographic simply opens trading accounts for subscribing to public offers, but hardly engages in actual trading. “A significant majority, approximately 75% of these young investors, exhibit a strong inclination towards the cash market segment, with the remaining 25% opting for futures and options trading,” said Tiwari. Prabhakar Tiwari, chief growth officer, Angel One, said the stock broker has garnered roughly 17% of the overall new entrants in the 18-20 age group over the past 30 months, and an impressive 30-35% of these individuals are actively participating in the financial markets. Their choices are significantly shaped by a blend of factors, including the knowledge acquired through edutainment, a penchant for experimentation, and additional earnings, he said.

2023: Rolex watches have clocked sales worth USD10 billion in 2023 – a historic first since its inception in 1905.

2023-24: India’s defense exports have soared to record heights, to ~$2.63 billion (Rs 21,083 crore), marking a remarkable growth of 32.5% compared to the previous fiscal year, which stood at Rs 15,920 crore. Recent statistics indicate a staggering 31-fold increase in defense exports over the past decade, as observed from FY 2013-14. The government has set an ambitious target of $5 billion for defense exports in FY 2024-25. Defence Minister Rajnath Singh envisions annual defense exports reaching $6.25 Billion (Rs 50,000 crore) by 2028-29.

2023-24: Puri took home a total remuneration of Rs 25.18 crore in FY24, a growth of 54.3% versus last year (Rs 16.32 crore ). HUL’s CEO and MD Rohit Jawa and Nestle India’s CMD Suresh Narayanan took home 22.39 crore and 23.52 crore each for the twelve months ended March 31, 2024. Narayanan has seen a nearly 33% year-on-year growth in remuneration in FY24 (17.74 crore). Jawa, on the other hand, took over from Sanjiv Mehta in June-end of 2023, implying this is his first annual compensation from the firm. In FY23, Marico’s Saugata Gupta took home a compensation package of Rs 25.11 crore. 

2023-24: Manufacturing in Defence hits record high at Rs 1.27 lakh crore

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2024

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2024 (Jan 10): During the Vibrant Gujarat Summit held between January 10th and 12th, 2024, India’s Finance Minister, Nirmala Sitharaman, announced that India is projected to become the world’s third-largest economy by 2027-28 and is anticipated to achieve a $30 trillion economy by 2047. Additionally, the CEO of NITI Aayog, Amitabh Kant, mentioned that India could reach an economy of $35 trillion by 2047, but it requires us to adopt new approaches. 

Currently, India stands as the fifth-largest economy with a GDP of $4.11 trillion, following the US, China, Germany, and Japan. In terms of growth, India’s GDP grew by 7.2% in FY2022-23, with expectations to increase to 7.3% for this fiscal year.

Not only that, Finance Minister Sitaraman stated that India received $919 billion in Foreign Direct Investment by 2023, of which 65% or $595 billion came in just the last 8-9 years, indicating growing confidence of foreign investors in India.

2024 (Feb 18): During a session at the Mumbai Tech Week (MTW) on February 18th, 2024, CEO of NITI Aayog, Amitabh Kant, addressed that India could achieve a $35 trillion economy by 2047, but it requires relentless hard work and continuous innovation. On the 100th anniversary of our independence in 2047, to become the second-largest economy, we need to achieve a consistent growth of 9-10% over the next three decades.

Moreover, according to India Today, Mukesh Ambani, Chairman of Reliance Industries, stated that by 2047, India will create a new history by becoming a $35 trillion economy, with Gujarat alone touching the height of $3 trillion.
In the last 70 years, only 12 nations have transitioned from middle-income to high-income status, signifying the biggest challenge is to break this trap.

2024 (Feb 24): NPCIL currently operates 23 reactors with a combined capacity of 7480 MW, and nine additional units (including KAPP-4) with a capacity of 7500 MW are currently under construction. The government of India is actively expanding renewable energy capacity to reduce reliance on fossil fuels, aiming to meet 50% of electricity needs from renewable sources by 2030. Plans include increasing nuclear power capacity to achieve net-zero emissions by 2070.

2024: Right after getting delivery of a Rolex White Ceramic Daytona, priced at INR13.2L, from a Rolex boutique, one can book an instant 136% value gain, as the pre-owned market has already set its sights on the 2024 model, pricing it at an impressive INR31,22,387. data as per WatchCharts Rolex market index (which comprises 30 watches) 

The Rolex Daytona Rainbow (first launched in 2012) has a retail price tag of around INR78 lakh. But on the pre-owned market, collectors can expect to pay anywhere between INR3.6 crore to over INR8.1 crore for one of these timeless timepieces. Owned by Devid Beckham, Christiano Ronaldo, Lionel Messi, Sylvester Stallone, Adam Levine, Kevin Hart, Post Malone, DJ Khaled, Mark Wahlberg, Gerad Pique, Steve Harvey, Joh Mayer.

Feb 2:[India][Housing][Real Estate] Zomato’s Deepinder Goyal buys land (2.53 acres of free-hold property) in Delhi’s Mehrauli for ₹50 crore. Goyal has paid a stamp duty of ₹3.50 crore on the deal, the documents accessed by CRE Matrix showed. The deal was registered on September 1, 2023. (The news came out after 5 moths). In March 2023, Goyal had bought a 2.5 acre land parcel in Mehrauli from Luxalon Building Pvt Ltd for ₹29 crore, documents accessed by CRE Matrix had showed. Lenskart’s Peyush Bansal had purchased a house in Delhi’s upmarket Neeti Bagh locality, for ₹18 crore, documents accessed by CRE Matrix had showed. The sale deed was executed in his name on May 19, 2023.

Feb 16: Defence Acquisition Council sanctions projects worth Rs 84,560 crore.

2024 (Mar 30):[Godman] Ram Rahim stands out as one of India’s wealthiest spiritual leaders. Since 1990, he has led the organization with remarkable influence. A significant number of Harijans and Dalits rally behind Ram Rahim Singh. His estimated net worth is approximately Rs 1455 crores.

Renowned for his pragmatic outlook on spirituality and yoga, Sadhguru Jaggi Vasudev, the founder of the Isha Foundation, stands as a prominent spiritual figure. With a global following numbering in the millions, his estimated net worth, according to the Times of India, stands at Rs 468 crore, as of 2023. Sadhguru’s influence extends across yoga centers, educational institutions, and ecological projects within his empire. Through his teachings, he imparts wisdom on inner engineering and holistic living principles.

Sri Sri Ravi Shankar, the esteemed founder of the Art of Living Foundation, stands as a global spiritual luminary, renowned for his unwavering commitment to peace, meditation, and humanitarian endeavors. With an extensive following exceeding 300 million individuals across 151 nations, his influence resonates far and wide. According to India Today, Sri Sri Ravi Shankar embarked on his study of Vedic literature at the tender age of six, completing his education by seventeen. His transformative Art of Living courses have touched the lives of millions worldwide, fostering stress-free living and fostering harmonious coexistence. The Times of India estimates his net worth to be Rs 1000 crore, inclusive of assets such as healthcare facilities, pharmacies, and Art of Living centers.

Baba Ramdev, a yoga guru and visionary entrepreneur, has spearheaded a transformation in India’s wellness industry through his Patanjali Ayurveda empire. Hailing from a farming background in Haryana, he endured a 15-year struggle, teaching yoga in Haridwar along the way. Presently, he presides over Patanjali Yogpeeth and Divya Yog Mandir Trust, along with numerous branches. His net worth is estimated to surpass Rs 1600 crore.

Mata Amritanandamayi, a Hindu guru and humanitarian, hails from Kerala, where she was born on September 27, 1953. Fondly known as Amma, she oversees the Amritanandamayi Trust, reportedly possessing assets valued at around Rs 1500 crore, as per The Times of India.

2024 (Apr 18): Against the total claims of 12.1 million, only 277,000 claims totalling INR2.58 crore have been refunded so far.

2024 (Apr 21): Director at Adventure Tourism and Mountaineering Section at the Department, Rakesh Gurung estimated that some Rs 500 to Rs 700 million more revenue could be generated this time from mountain climbing in Nepal. The Department's updated a total of 352 mountaineers from 33 expeditions. Among them, 65 are women and 287 men. So far, the country recorded the climbers from 55 countries. Last year too maximum arrivals of climbers- total 478- were recorded. The Department made the revenue of Rs 760 million, while 505 has already been made this year. The government has collected royalty for climbing 24 peaks, including the Sagarmatha. The highest peak is the source of most of the revenue. "This Spring, Sagarmatha ascent is encouraging. The number of climbers has reached more than 352 by April 19. Now, there may be three to four permits, which could increase the number of climbers to over 400," Gurung shared. The mountaineering regulation, 2059 has provided to impose Rs 1.1 million from each foreign climber during the Spring season for the Sagarmatha also called Mt Everest, while each Nepali needs to pay Rs 75,000. A foreign climber spends at least Rs 3 to 10 million for climbing the Sagarmatha once. In addition to the highest peak of the world, Makalu, Annapurna, Kanchanjungha, Dhaulagiri, Lhotse Amadablam, Jugal are other climbing destinations.

2024: General election costing INR 1 trillion (₹1T) or  ~ USD 12 billion ($12B)

2024: Avg $3500/month for 1-bed,1-bath studio apartment in Boston, MA; $975/mo was least and $1100/mo for 4 bds, 2 ba 155 sqft; from $1400/mo 1bd-1bath 600sqft to $2300/mo  in Elizabeth, NJ; $1600/mo in Jacksonville FL;    

2024 (Jan 8):[India][Housing] Real estate major DLF said on January 8 that it has sold more than 1000 luxury housing units that are part of its latest offering Privana South in Gurugram, for ₹7200 crore within three days of pre-launch. The project has been designed by ARCOP. The interiors emphasise luxury, featuring expansive 9’9” -wide large decks and lofty 3.4-meter floor-to-floor heights, offering panoramic views of both the Aravalli range and the vibrant Gurugram skyline. Its 472-meter frontage along a 60-meter sector road has been purposefully designed to enhance air circulation, increase visibility, maximise natural light, and provide exceptional connectivity, the company said in its regulatory filing.

2024 (May 17): India’s foreign exchange (forex) reserves surged by a whopping $4.549 billion to reach its new all-time high of $648.7 billion for the week ended May 17, according to the Reserve Bank of India (RBI). Previously, the overall forex reserves expanded by $2.561 billion to reach $644.151 billion in the week ended on May 10. Besides this, the foreign currency assets (FCAs) have increased by $3.361 billion to reach $569.01 billion, according to the weekly Statistical Supplement released by the central bank. Meanwhile, the RBI data showed the gold reserves have increased by $1.24 billion to $57.19 billion during the week, while the special drawing rights (SDRs) went up by $113 million and reached $18.16 billion. The country's reserve position in the International Monetary Fund (IMF) decreased by $168 million to $4.32 billion, the apex bank data shows.

2024 (May 9):[India][Housing] DLF sells all 795 apartments in new luxury project in Gurugram for ₹5,590 crore within three days of launch. Both 'DLF Privana West' and 'DLF Privana South' are part of 116-acre 'DLF Privana' township located in Sector 76 and 77. “The project spans around 12.572 acres (~5.087 hectares), forming an integral part of ‘DLF Privana’, an integrated ecosystem sprawling across around 116.296 acres (47.063 Hectares),” the company said. Comprising 795 residences across five towers, DLF Privana West comprises 4BHK apartments and penthouses. These are situated amidst the backdrop of the Aravalli Range and offer a panoramic vista and are located close to the forthcoming Safari Park, the company said in a regulatory filing.

2024 (May 24): RBI Announces A Mammoth ₹2.11 Lakh Crore (₹2.1T) Dividend. the RBI grossly sold USD 153 billion in FY24. The historical price, according to reports, is likely between Rs 75 and Rs 76 per dollar. However, the selling price per dollar would have been at least Rs. 83 Thus, for every dollar sold, the central bank most likely made Rs 8 in profit. The RBI most likely made Rs. 1.2 trillion in revenue from a sale of USD 153 billion in FY24. The RBI data indicates that its gold holdings increased by approximately Rs. 63,500 crore in FY24, coinciding with the peak prices of gold. Based on a rough calculation, the Reserve Bank of India (RBI) earned Rs 3 trillion to Rs. 3.2 trillion from selling foreign currency, taking into account interest from holdings in foreign bonds and the revaluation of gold reserves. However, because it was absorbing money for 259 of the 365 days in FY24, the RBI would have lost some revenue from its domestic market operations. Net-net A conservative estimate puts the surplus the RBI would have made in FY24 between Rs 3.5 trillion and at least Rs 3 trillion. This helps to explain the substantial Rs 2.1 trillion dividend, which was sufficient to increase the contingent risk buffer from 6 per cent to 6.5 per cent.

May 30: A U.S. bankruptcy judge on May 30 approved WeWork's Chapter 11 bankruptcy plan, allowing the shared office space provider to eliminate $4 billion in debt(Bloomberg). Also Read: How WeWork, once valued at $47 billion, ended up filing for bankruptcy?

While other cities have lately shown a trend reversal, especially post-COVID-19, MMR's affinity for skyscrapers shows no signs of slowing down. The region currently has 361 high-rise towers of over 40 floors each. Of these, 154 have already been completed and over 207 are scheduled to be completed between 2024 and 2030, it noted.

As the investigation into the Pune Porsche car crash unpacks newer details with each passing day, the case has cast a shadow on the two real estate projects. The two projects being executed by Bramha Realty include a residential project in Dhanori area and a commercial project in Pimpri near Pune, according to the declarations made by the Agarwal family with the Maharashtra Real Estate Regulatory Authority (MahaRERA). The two projects are registered under the name of Vishal Agarwal, Shivani Agarwal and Surendra Agarwal who are father, mother and grandfather of the minor who allegedly rammed his Porsche into two techies in their 20s - killing them on the spot on May 19. The MahaRERA project completion date for the residential project is April 1, 2026 and for the commercial project is December 31, 2027.

May 30: According to ED statement, in Gurugram it has provisionally attached immovable properties worth approximately Rs. 291.18 crore belonging to International Amusement Limited, the holding company of International Recreation and Amusement Ltd. (IRAL). The attached properties include unsold commercial space of 3,93,737.28 sq. ft. at the Great India Place Mall in Noida, commercial space of 45,966 sq. ft. in the name of Adventure Island Limited in Rohini, and leasehold rights over 218 acres of land at village Daulatpur, Amer, Jaipur. These actions were taken under the provisions of the PMLA, 2002, on Tuesday, ED added.

The apartments taken on lease by Hardik and Krunal Pandya are part of a project known as Lotus Enpar Residency, developed by the Enpar Lotus Group, the documents showed. According to documents accessed by Zapkey, the first ‘jodi’ apartment is located on the 28th floor for which the rent is ₹2.5 lakh per month. The lease agreement was registered in August 2021.

May 30: Sovereign gold bonds have caught the fancy of investors who bought Rs 27,031 crore worth of the bonds last fiscal, an amount more than four times invested in 2022-23 on the prospects of higher returns and tax benefits. The bonds bought by investors represented a whopping 44.34 tonne of gold during 2023-24. In 2022-23, Sovereign Gold Bonds (SGBs) representing 12.26 tonne of gold were purchased for Rs 6,551 crore.
Since the inception of SGB scheme in November 2015, a total of Rs 72,274 crore (146.96 tonne) has been raised through 67 tranches.

2024 (May 31):[India][Housing] Apr 18 onwards, Conveyance deeds of four super luxury apartments worth more than ₹100 crore were registered in DLF’s uber luxury project ‘The Camellias’ in Gurugram. Lenskart’s co-founder Peyush Bansal, Dhanuka family members register luxury flats worth ₹100 cr at DLF's The Camellias. Peyush Bansal has registered the conveyance deed for an apartment of size 7361 sq ft (super area) and paid a stamp duty of ₹1.89 crore, the documents showed. The apartment comes with four car parkings. The conveyance deed was registered on April 29, the documents showed. Harsh Dhanuka has executed the conveyance deed of his apartment in the same complex worth ₹32.52 crore and paid a stamp duty of ₹2.27 crore on it. The conveyance deed was registered on April 23, 2024. This is for a 9419 sq ft (super area) apartment that comes with five car parkings, the documents showed. The buyers of these apartments are also MakeMyTrip’s Deep Kalra (7430 sqft for 46.25 Cr on Mar 4), Ashish Gurnani of Assago Group (7430 sqft, 21.75 Cr on Mar 13) and Sameer Manchanda of Den Network (10813 sqft, 37.83 Cr on Mar 19) , documents accessed by IndexTap have shown.

The biggest deal in 2023 was a re-trade/resale deal of an 11000 sq f. unit that sold for ₹114 crore, local brokers said. Rentals at The Camellias start from ₹10.5 lakh per month for an unfurnished apartment and ₹14 lakh for a furnished one, brokers said. Housing units in DLF Camellias were launched in 2014 at around ₹22000 per sq ft. The average base selling price today is between ₹65,000 to ₹85,000 per sq ft depending on the floor height and starting price is approximately ₹70 crore, local brokers said.

2024 (May 31): CapitaLand India Trust (CLINT) has secured a sustainability-linked loan (SLL) of S$200 million from the International Finance Corporation (IFC), a member of the World Bank Group and the largest development institution focused on the private sector in emerging markets, the company said in a statement. This increases CLINT’s sustainable finance to 79% of its loans, demonstrating its commitment to Net Zero, the company said.

2024 (May): Mumbai's stamp duty collections from property registrations went up by over 19% to ₹992 crore in May 2024 from ₹832 crore last year in May 2023. Millennials (38%) and Gen X (35%) bought maximum number of properties in Mumbai. The age group for millennials and Gen X is between 28 years to 59 years. Properties measuring up to 500 to 1,000 sq ft emerged as the most popular in terms of size with 51% registrations in this category 

2024 (Jun 4): Result of 2024 Indian general election.

2024 (Jun): Compensations for IT CEOs FY24

Wipro - Thierry Delaporte - 166 Cr (resigned Apr 6, included a severance-related package of Rs 92 Cr; and 74 Cr in base and other pay)

INFY - Salil Parikh - 66 Cr - comprises fixed pay, variable pay, retiral benefits, and the perquisite value of stock incentives exercised during the period

Of the Rs 66.25 crore compensation, Parekh earned Rs 39.03 crore by exercising his RSUs. In FY24, Parekh earned Rs 7 crore in base pay, Rs 47 lakh as retiral benefits, and Rs 7.47 crore as variable pay or bonus. His variable pay went up to Rs 19.75 crore in FY24 from Rs 12.62 crore in FY23

FY23 - Average Indian CEO pay reaches around Rs 14 crore per year, up 40% from pre-pandemic level. An analysis of CEO changes in BSE 200 companies (excluding PSUs) revealed that 45 percent of companies witnessed a CEO change over the past five years. Six of every 10 new CEOs are homegrown (internally appointed). The remaining four CEOs were external hires.

On an average, CEOs of over Rs 20,000 crore revenue responsibility make Rs 20 crore per annum. Further, the CEO compensation has risen the fastest in technology and lowest in the financial services and consumer sectors.

FY23 - The next-best paid CEO of an IT company was C Vijayakumar of HCL Technologies, who earned Rs 28.4 crore.

FY23 - LTIMindtree paid CEO Debashis Chatterjee (appt Nov 2022) 17.5 crore. 

FY23 - Tata Consultancy Services (TCS) CEO and MD K Krithivasan drew Rs 25.36 crore in annual compensation in the financial year 2023-24, which is the lowest amongst the large IT companies.

FY23 - Tech Mahindra’s Mohit Joshi received an annual fixed compensation of Rs 6.5 crore and an equal amount in annual variable pay.

FY24 - INFY generated $17.7 billion of large deals.

FY25 - Delaporte’s successor Srinivas Pallia will receive remuneration of about Rs 50 crore.

2024 (Jun 9): Animal actor Triptii Dimri has bought a bungalow worth Rs 14 crore in the posh area of Bandra in Mumbai. Her house is located just off Carter Road, home to houses of celebrities like Shah Rukh Khan, Salman Khan and Rekha among others. Triptii’s Animal co-actor Ranbir Kapoor and wife Alia Bhatt also stay in the same area. As per the property registration documents accessed by IndexTap.com, the bungalow is a ground-plus-two-storey structure with a total area of 2,226 square feet. The report claims that Triptii paid Rs 70 lakh in stamp duty and a registration fee of Rs 30,000. The transaction was registered on June 3.

2024 (Jun 6): FIIs Sold Equities Worth ₹6,867 Cr On Thursday

2024 (Jun 8):[IT] Wipro shares in news today on $500-mn contract win from a US firm. Wipro Shares Surge After Winning ₹4,173 Cr Worth Contract From U.S Communication Service Provider

2024 (Jun 10):[GoI] Modi signed his first file authorising release of the 17th instalment of PM Kisan Nidhi for 93 million eligible farmers worth ₹20,000 crore.

2024 (Jun 10):[GoI] Dr. Chandra Sekhar Pemmasani, an MP of the Telugu Desam Party (TDP), was the richest candidate to contest the Lok Sabha polls. He was sworn in as a minister on Sunday. Pemmasani’s election affidavit showed his family assets at Rs.5,705 crore ($691.52 million). While his own net worth was Rs.2,388 crore ($289.45 million), his wife Sriratna Koneru Rs.2,324 crore, and his son and daughter had Rs.496 crore each.

2024 (Jun 10): Ronit Bose Roy has purchased an apartment worth Rs 18.94 crore in Versova, Andheri (West). Situated on the 20th floor of the Versova Project, the apartment is of 4,263 sq ft of area and it was registered on June 10, 2024, in the name of Roy and his wife Neelam Ronit Bose Roy. According to the documents accessed by IndexTap.com, Roy paid a stamp duty of Rs 1.13 crore and purchased the flat from Macrotech Developers. Roy also purchased four parking spaces as part of the deal.

2024 (Jun 24): Realty firm Birla Estates Pvt Ltd on Monday said it has acquired a 16.5-acre land parcel in Pune to a develop a housing project with an estimated revenue potential of Rs 2,500 crore. Birla Estates is a 100 per cent wholly-owned subsidiary of Century Textiles and Industries Ltd and the real estate venture of the Aditya Birla Group.

2024 (Jun 27): the ICICI Prudential Asset Management Company Ltd purchased 12 floors along with land, and three basements at Kalpataru Infinia situated in Santacruz East for a whopping Rs 315 crore. The company purchased the property from Ixora Properties Pvt Ltd. According to the property documents accessed by FloorTap.com, the marketplace for commercial properties, ICICI Prudential paid stamp duty of Rs 18.90 Crore to seal the deal that was registered on June 27, 2024. The total area of property is 63,733 sq ft and comes along with 114 parking spaces.

Mumbai’s office market witnessed a healthy increase in transactions volume with 5.8 mn sq ft of office spaces being transacted, leading to a Year-on-Year (YoY) growth of 79 per cent in H1 2024. Mumbai was the second-most active office leasing market across eight cities in the country. New office completions in the city were recorded at 4.3 mn sq ft, reporting a commendable YoY growth of 205 per cent in H1 2024 (Knight Frank India)

2024 (Jul 1): Priyanjali Mariwala of the consumer goods company Marico’s promoter family has purchased a luxury apartment in Mumbai’s business district Bandra-Kurla Complex (BKC) for Rs 65.25 crore. She bought this apartment spread over nearly 8,300 sq ft on the first floor of super-premium residential tower Signature Island from Starlight Systems, a part of the project’s developer Sunteck Realty. Given that the apartment is situated on the lower floor of the tower, the deal is valued at Rs 78,690 per sq ft. As part of the deal, she will get exclusive access to four car parking slots in the tower. Mariwala paid stamp duty of Rs 3.26 crore (5% i.e. 1% less for women homebuyer) for the registration of the deal that was sealed on July 1, documents accessed through Zapkey.com showed. Priyanjali, wife of Rishabh Mariwala, leads the ASCENT Foundation, a not-for-profit organization of Marico Chairman Harsh Mariwala. They identify high-potential, growth-ready entrepreneurs and enable them to grow their enterprises and impact their entrepreneurial journey in scaling up. Apart from Uday Kotak, other buyers are Gautam Adani, Vikram Pandit, Gunit Chaddha and Mihir Doshi. Actress Aishwarya Rai Bachchan, Ashok Wadhwa and Sonam Kapoor have also bought an apartment in the project consisting of three towers developed by the same developer.

2024 (Jul 5): Amid global economic challenges, the resilience of the Indian real estate market stood out, with institutional investments soaring to $4.8 billion across 40 deals in the first half of 2024. This figure already accounts for 81% of the total investments made in 2023, which amounted to $5.8 billion, according to data from JLL India. Foreign Institutional Investors (FIIs) dominate Indian investments amounting to $3.1 billion which is a 65% share of the total investments in the first half of 2024. In 2023, domestic investors accounted for 37% of investments, compared to an average of 19% over the previous five years. This trend appears to continue in H1 2024, with domestic investors representing a 35% share.

2024 (Jul 5): Mumbai recorded the highest sales volume nationwide with 47,259 units sold, marking a 16% year-on-year growth in H1 2024. With 9,130 units sold, Kolkata experienced the highest percentage growth in home sales at 25% year-on-year during the first half of 2024. Ahmedabad saw a 17% year-on-year increase as 9,377 units sold in the city during the January-June period.

The surge in sales has been complemented by a surge in development activities, evident from the launch of 1,83,401 units in H1 2024. This figure marks a decade-high in half-yearly launches, indicating a proactive response to escalating market demand. Mumbai led in new launches with 46,985 units, followed by Kolkata, which saw a remarkable 60% growth in new launches, and Pune with a robust 32% increase.

Affordable housing segment sees a drop in sales in H1 2024; premium luxury segment sees a significant growth: The report highlights a decline in sales for properties priced below Rs 50 lakh, which fell from 32% in H1 2023 (49,926 units) to 27% (46,178 units) in H1 2024. "The combined impact of rising property prices, increased home loan rates, and the disproportionately adverse effects of the pandemic in this category continue to dampen demand. The current sales share of 27% starkly contrasts with the 54% observed in H1 2018," the report says. Mumbai, despite being the most expensive market, also led in affordable housing sales, witnessing an 11% year-on-year growth to 21,043 units.

The mid-segment of India's real estate market, encompassing properties priced between Rs 50 lakh to Rs crore, saw a decline in market share from 38% in the first half of 2023 to 32% in H1 2024. According to the Knight Frank data, sales in this ticket-size category totaled 55,715 units during the first half of 2024. Bengaluru, Mumbai, and Pune emerged as the key contributors, collectively accounting for more than 60% of sales in this segment. Bengaluru led with 11,778 units sold, closely followed by Mumbai at 11,546 units, and Pune with 11,195 units. This shift, however, is seen as a natural adjustment within a broader upward trajectory, fueled by sustained interest from homebuyers despite the decrease in percentage.

Inside ‘Kalki 2898’ star Prabhas' luxurious Rs.60 crores Hyderabad house

2024 (Jul 5): Marriott International sees India as a significant market for branded residences and plans to launch a dozen projects in the next few years, including a property in Gurugram that will be the biggest Westin Residences project in the world, a top executive said. The Gurugram property, with an investment of more than Rs 5,600 crore, will be developed in phases with local developer Whiteland Corporation and will encompass an area of 6 million square feet, Trinh Quynh Phuong, vice president of mixed-use development for Asia Pacific at Marriott International, told ET. Whiteland Corporation owns about 22 acres in Sector 103, Gurugram, along the Dwarka Expressway, where this project will be developed in two phases. In the first phase, about 2 million square feet will be developed. “The total investment for the project is estimated around Rs 5,600 crore, which includes construction cost Rs 5,000 crore while the land cost is Rs 600 crore. The top line of the project is pegged at Rs 15,000 crore,” Whiteland chairman Navdeep Sardana said.

Hyderabad’s Anvita group to invest Rs 2,000 crore in a residential project. Spread over 12.9 acres, the project will be developed in two phases. The first phase, which will come up in 3.5 acres, will have two towers of 15 floors each and will have 450 units in total. “In the second phase, four towers of 36 floors each will come up in 9.25 acres. We will hand over all 1,400 units of the 2nd phase to customers in 2027,” said Atchuta Rao Boppana, chairman and managing director, Anvita Group. The first phase development is expected to cost Rs 380 crore and the outlay for the second phase is over Rs 1,600 crore. The company is constructing two and three-bedroom apartments with sizes ranging from 1,360 sft to 2,580 sft from first floor to 34th floor. “Ivana will have an area of 8 lakh square feet in the first phase and 28 lakh sft in the second phase,” said Anup Boppana, the company’

Experion Developers has acquired a 7.81-acre plot at Dwarka Expressway in Gurugram for Rs 400 crore to capitalise on the flourishing market for premium residential properties. It plans to invest an additional Rs 2,000 crore to build 3 million sq ft of luxury homes in the new land parcel. The wholly owned Indian subsidiary of Singapore's Experion Holdings Pte Ltd had in the last one-and-a-half years acquired five plots worth Rs 2,100 crore, mainly in Gurugram, where it is in the process of launching new projects.

"The land is in Sector 88A Gurugram and we are expected to launch the project in this financial year. We are expecting Rs 3,700 crore revenue from the project," said BK Malagi, COO at Experion Developers. The company's recent acquisitions include a 4-acre plot on Golf Course Road in Gurugram purchased for Rs 400 crore, a 5-acre parcel in Noida's Sector 45 acquired for about Rs 250 crore, a 5.5-acre parcel in Gurugram's Sector 48 for about Rs 550 crore, a 6-acre land parcel in Gurugram's Sector 53 for Rs 450 crore, and a commercial plot at Golf Course Extension Road, Gurugram through the insolvency process for Rs 450 crore.

Experion has launched a luxury residential project in Noida offering 320 3 and 4 BHK residences at a starting price of Rs 4.97 crore.

2024 (Jul 17):[Land] ndian cricketer KL Rahul and his wife, Bollywood actor Athiya Shetty, have made a significant real estate investment, purchasing a luxury apartment on Nargis Dutt Road in Bandra’s upscale Pali Hill locality for over Rs 20 crore, according to The Economic Times report. The couple acquired the apartment, which spans a carpet area of 3,350 sq ft in the Sandhu Palace tower, from Sandhu Builders. The transaction, registered on July 15, involved a stamp duty payment of Rs 1.20 crore, according to documents accessed via IndexTap.com. Additionally, the deal includes exclusive access to four car parking slots in the residential building.

Bollywood actress Kriti Sanon recently invested in a 2,000 sq ft plot at Sol de Alibaug, a luxury development by The House of Abhinandan Lodha in Maharashtra. This investment, along with Amitabh Bachchan's earlier purchase in the same project, underscores the development’s appeal to high-profile investors.

The report added that the prominent Bollywood figures, including Amitabh Bachchan, Shahrukh Khan, Shilpa Shetty, Akshay Kumar, Abhishek Bachchan, and Aishwarya Rai, have actively invested in various real estate ventures. These industry stalwarts have been strategically diversifying their portfolios by acquiring properties in prime locations.

In recent quarters, several notable celebrities like Ranveer Singh, Hrithik Roshan, Rani Mukherjee, Alia Bhatt, Disha Patani, and Janhvi Kapoor have engaged in multiple high-profile real estate transactions, focusing particularly on luxurious and upscale properties.

Twinkle Khanna and her sister Rinke Khanna have rented two apartments in Mumbai at a starting monthly rent of ₹1.85 lakh for five years, documents accessed by Zapkey showed. The property is located on the fourth and fifth floors of an apartment complex in Khar (West) in Mumbai. The rent for the first year is ₹1.85 lakh per month, (+9.73%) ₹2.03 lakh per month in the second year, (+9.85%)₹2.23 lakh per month in the third year, (+10.31%) ₹2.46 lakh in the fourth year and (+9.76%) ₹2.70 lakh in the fifth year, the documents showed.

In December last year Twinkle Khanna had leased two ground floor commercial properties to a jewelry store in Khar (West), Mumbai, at a monthly rent of ₹3.11 lakh for the first year, ₹3.26 lakh the second year and ₹3.42 lakh in the third year, documents accessed by Propstack showed. The security deposit paid by the lessee was ₹9.33 lakh (~ 3 months of rent).

2022: In 2022, Akshay Kumar, Twinkle Khanna’s husband, had sold a property for ₹6 crore to music director Daboo Malik at Andheri West in Mumbai. It is spread across a carpet area of 1,281 sq ft and has a 59-sq ft balcony, the documents showed.

2021: Twinkle Khanna’s husband Akshay Khanna is an active property investor. He had bought a property in 2022 in Khar West for ₹7.84 crore and an office property in Lodha codename no 1 Lodha Place, Upper Worli for ₹4.85 crore in 2021.

BCCI had filed the plea last year in October over unpaid dues of Rs 158 crore. Byju’s had a sponsorship contract with BCCI for the Indian cricket team. On November 15 last year, the matter was reserved for further hearing. 

Amitabh Bachchan spoke about the enormous success of his latest release, Kalki 2898 AD, recently and said that the film earning Rs 1000 crore at the box office is an achievement for him. Directed by Nag Ashwin, it also stars Deepika Padukone, Prabhas, and Kamal Haasan.

GVK Power insolvency: GVK Power and Infrastructure Ltd (GVKPIL) is set to undergo insolvency proceedings due to its failure to repay loans, as ruled by a corporate insolvency court. The Hyderabad bench of the National Company Law Tribunal (NCLT) issued the order based on a petition filed by a group of lenders led by ICICI Bank Ltd, according to a stock exchange filing by GVKPIL. The loan in question was originally taken out by GVK Coal Developers (Singapore) Pte Ltd over a decade ago, with GVKPIL acting as a guarantor. "The corporate debtor has acknowledged its liabilities and admitted the corporate guarantee in its annual reports for FYs 2018-19, 2019-20, and 2020-21. As of June 13, 2022, the borrower owed $1.84 billion, which includes the principal amount of $1.13 billion, interest of $731.57 million, and an agency fee of $144,000," stated the NCLT order, as made public by GVKPIL. Senior counsel K Vivek Reddy, representing ICICI Bank, cited a London court judgment from October of the previous year to bolster the insolvency proceedings against GVKPIL.

In March 2016, ICICI Bank discovered that the GVK Group intended to sell its stake in Bangalore International Airport Ltd without lender consent, violating facility agreements. The banks filed an injunction application in a London court in April 2016, where GVK agreed not to sell its stake in Bengaluru airport. Due to the continued nonpayment of the loan, the lender banks filed claims before the London court for Rs 5,915 crore under facility agreement-I and Rs 1,236 crore under facility agreement-II. In November 2020, ICICI Bank invoked its corporate guarantee, demanding Rs 5,000 crore towards principal and interest from GVKPIL. GVKPIL expressed its inability to make the payments but committed to repay after negotiating a solution with the Adani Group, requesting the bank to refrain from taking action, according to the order. However, ICICI Bank proceeded to approach the NCLT in 2022 to initiate insolvency proceedings against GVKPIL. On July 12, the NCLT determined that as of June 13, 2022, GVKPIL was liable for Rs 15,576 crore, comprising Rs 9,463 crore in principal, Rs 6,113 crore in interest, and Rs 1.23 crore in agency fees.

While Antilia's estimated value of over $2 billion grabs headlines, it's more than just a house. The 27-story building, towering over Mumbai's affluent Altamount Road, is a marvel of architecture and indulgence. Construction of this architectural marvel began in 2006 and involved collaboration between renowned construction firms like Leighton Asia and B.E. Billimoria & Company Limited. The exact details of Antilia's interior remain largely a mystery. Rumors abound of a private theatre, snow room, and even a parking area for over 160 cars.

According to Forbes, Padukone earned Rs 48 crore in 2019 and Rs 112.8 crore the previous year. Although recent estimates of her income are not available. Her impressive earnings from movies are boosted by numerous lucrative brand endorsements, including Louis Vuitton, Levi’s, Pepsi, and Tanishq. She also has her own skincare brand and invests in real estate. She reportedly charges between Rs 15-20 crore per movie and Rs 8 crore for brand endorsements. As of today, Deepika Padukone’s net worth is estimated to be Rs 500 crore, according to several reports. She is one of Bollywood's top taxpayers, having paid Rs 10 crore in taxes for the fiscal year 2016-2017. Last year, she was the only female actor listed among India’s highest individual taxpayers. Padukone endorses top brands such as Louis Vuitton, Levi’s, Jio, Pepsi, Adidas, Axis Bank, Tissot, Oppo, Vistara, Chopard, and Dabur. Her endorsements cover a wide range of industries, from high fashion and luxury watches to health food and airlines, making her one of the most recognizable faces in India. In addition to her film and endorsement earnings, the Chennai Express actress has invested in several startups, including BluSmart, Supertails, Blue Tokai, and Bellatrix Aerospace, according to GQ.

Regarding real estate, Padukone owns a luxurious 4BHK flat on the 26th floor of Tower B in Beaumonde Towers, Mumbai. In 2021, she and her husband, actor Ranveer Singh, bought a bungalow in Alibaug for Rs 22 crore. That same year, she and her father, Prakash Padukone, registered a serviced apartment in Bengaluru worth Rs 6.79 crore, purchased in 2012.

Mumbai-based listed real estate developer Keystone Realtors, also known as Rustomjee Group, on July 15 announced a luxury project comprising 32 premium sea-facing apartments and said that it anticipates ₹600 crore of gross development value (GDV) from the project. The company said the project offers 32 luxury 4 BHK apartments with carpet sizes ranging from 2,394 to 2,521 square feet.

Author Amish Tripathi, known for his mythological fiction series, including the Shiva Trilogy and the Ram Chandra series, has bought a property in Worli, Mumbai, for ₹13.65 crore, documents accessed by Square Yards showed. The property, located in the World One project by the Lodha Group, spans approximately 251 square meters or 2,700 square feet (carpet area) and is ready-to-move-in one, the documents showed. Amish Tripathi’s literary works have sold over 7 million copies worldwide and have been translated into 20 languages.

Earlier, Macrotech Developers, which uses the Lodha brand, had sold two apartments in its luxury project Lodha Malabar on Walkeshwar Road, Malabar Hill, one of Mumbai’s posh areas, for ₹270 crore to the chairman and managing director of Wellknown Polyesters Ltd, Anil Gupta, documents accessed had showed.

In 2023, Macrotech Developers had sold two apartments worth ₹109 crore to the directors of Kandoi Fabrics Pvt Ltd, a company that is into manufacturing and exporting packaging fabrics and bags. The promoters of the same company had bought four sea-facing luxury properties in the same project for ₹217 crore in March 2023.

2024 (Jan 11): Bhuvan Bam, the comedian, writer, singer, songwriter, and YouTuber from Delhi, has bought a bungalow in Delhi’s posh Greater Kailash area for ₹11 crore,  documents accessed by CRE Matrix showed. The land area is 1937 sq ft and the total area of the bungalow is 2233 sq ft. The property was registered on August 7, 2023.

2023 (Feb): In February 2023, Vasudha Rohatgi, the wife of former Attorney General of India Mukul Rohatgi, purchased a 2,160-square-yard bungalow in Delhi's tony Golf Links for ₹160 crore.

Businessman Bhanu Chopra, founder of RateGain, in February 2023 purchased a bungalow at Delhi Golf Links for ₹127.5 crore.

A luxury apartment was sold for around ₹114 crore at The Camellias by DLF on Golf Course Road in 2023 in a resale transaction. The size of the luxury flat was 11,000 sq ft.

2023 (Dec 21): MakeMyTrip founder Deep Kalra sells apartment in Gurgaon to group CEO for ₹33 crore. The size of the apartment is 6428 sq ft and comes with three car parkings, the sale deed showed. A stamp duty of ₹1.98 crore has been paid on the transaction. Deep Kalra, founder and chairman of MakeMyTrip has sold an apartment in DLF Magnolias in Gurgaon to Rajesh Mago, co-founder and Group CEO Rajesh Magow for ₹33 crore. Brokers active in Gurgaon said that the apartments were launched around 2005 at a price of around ₹5000 per sq ft. The units are currently trading at ₹35 crore.

Gautam Gambhir net worth of 265 crore ($32 million), as of 2024, earns ~1.5 crore thru cricket commentary.

2024 (Jul 20): Rs 94000 crore order book: HAL signs MoU worth Rs 2970 crore with Aeronautical Development Agency. Hindustan Aeronautics Limited (HAL) announced a significant development in the LCA Tejas Mk-2 fighter jet program by signing an amendment to a Memorandum of Understanding (MoU) with the Aeronautical Development Agency (ADA). This amendment focuses on finalizing the development of the LCA Tejas Mk-2 and achieving operational clearance. The collaboration covers the Full-Scale Engineering Development (FSED) Phase-3 of the program, with a total value of Rs 2,970 crore, which includes a fee of Rs 285.00 crore for HAL.

2024 (Jul): Neeja Shah Goswami has made headlines by transitioning from a high-profile job in Dubai to spearheading Whiskers India as CEO of the of the company, a booming luxury grooming brand worth Rs. 30 crores based in Gujarat. The company is co-founded by Aakash Goswami, Anup Goswami and popular public figure Rannvijay Singh Singha.

2024 (Jul 21): Ahead of the Budget 2024 presentation, Asia’s richest banker Uday Kotak shared his thoughts on ‘A Financial Sector Model for India’s dream'. The tussle between the saver/ borrower and issuer/ investor model is underway. “That saver is now savouring the joys of investing,” Kotak said, adding that the Indian saver had low confidence in financial assets versus gold and land in the early 80s. Slowly the saver moved some part to bank deposits, UTI and LIC.

2024 (Jul 23):[Budget] FY25 - budget figures in lakh crores. Total expenditure: 48.21 lakh crore; Net tax receipt: 25.83 lakh crore; Total receipts other than borrowings: 32.07 lakh crore

Defence - 6.2

Road Transport & Highways - 2.8

Rly - 2.5

Consumer Affairs - 2.2

Home Affairs - 2.2

Rural Dev - 1.77

Chem & Fertz - 1.68

Comm - 1.37

Agri & Farmers - 1.27

Total (crores) Ministry

---------------------------------------------------------------------------------------- lakhs of crores

621940.85 Ministry of Defence

278000         Ministry of Road Transport and Highways

255393         Ministry of Railways

223323.36 Ministry of Consumer Affairs, Food and Public Distribution

219643.31 Ministry of Home Affairs

180233.43 Ministry of Rural Development

168499.87 Ministry of Chemicals and Fertilisers

137293.9         Ministry of Communications

132469.86 Ministry of Agriculture and Farmers Welfare

120627.87 Ministry of Education

---------------------------------------------------------------------------------------- tens of thousands of crores

98713.78         Ministry of Jal Shakti

90958.63         Ministry of Health and Family Welfare

82576.57         Ministry of Housing and Urban Affairs

26092.19         Ministry of Women and Child Development

24968.98         Department of Atomic Energy

22531.47         Ministry of Labour and Employment

22154.67         Ministry of External Affairs

22137.95         Ministry of Micro, Small and Medium Enterprises

21936.9         Ministry of Electronics and Information Technology

20502         Ministry of Power

19100         Ministry of New and Renewable Energy

16628.12         Ministry of Science and Technology

15930.26         Ministry of Petroleum and Natural Gas

14225.47         Ministry of Social Justice and Empowerment

13042.75         Department of Space

13000         Ministry of Tribal Affairs

11469.14         Ministry of Commerce and Industry

---------------------------------------------------------------------------------------- few thousand crores

7242         Ministry of Heavy Industries

7137.68         Ministry of Fisheries, Animal Husbandry and Dairying

6788.33         Ministry of Law and Justice

5900         Ministry of Development of North Eastern Region

5453.83         Ministry of Statistics and Programme Implementation

4520         Ministry of Skill Development and Entrepreneurship

4417.03         Ministry of Textiles

4342.55         Ministry of Information and Broadcasting

3712.49         Ministry of AYUSH

3442.32         Ministry of Youth Affairs and Sports

3330.37         Ministry of Environment, Forests and Climate Change

3290         Ministry of Food Processing Industries

3260.93         Ministry of Culture

3183.24         Ministry of Minority Affairs

3064.8         Ministry of Earth Sciences

2667.06         Ministry of Corporate Affairs

2479.62         Ministry of Tourism

2379.87         Ministry of Personnel, Public Grievances and Pensions

2377.49         Ministry of Ports, Shipping and Waterways

2357.14         Ministry of Civil Aviation

1941.06         Ministry of Mines

1884.92         The President, Parliament, UPSC and the Secretariat of the Vice President

1183.64         Ministry of Panchayati Raj

1183.39         Ministry of Cooperation

---------------------------------------------------------------------------------------- few hundred cores

837.26         Ministry of Planning

325.66         Ministry of Steel

192.55         Ministry of Coal

---------------------------------------------------------------------------------------- less than 100 crore

64                 Ministry of Parliamentary Affairs

The total budget expenditure for this year stands at 48.21 lakh crore rupees. A significant portion of this, amounting to 30.07 lakh crore rupees, has been allocated towards central sector schemes and other central sector expenditures. This includes spending on various sectors such as economic services, general services, subsidies, social services, and others, which are crucial for the country's development and welfare.

2024 (Jul 23): Budget expenditure for FY25, $585 billion, while USA has $5 trillion and China has $4 trillion. Will we be able to see $1 trillion budget for India in this decade i.e. by 2030?

We have $75 billion defence budget, while it needs to be at $100 billion defence budget. China has official defence budget of $236 billion (assumed to be $600 billion), while USA has $842 billion. Global defence budget jumps to record high $2440 billion ($2.4 trillion), 37% by USA and 12% by China. EU nations spending 4-5% on the defence budget.

Poland - 

Turkey - hiked by 150% to $40 billion

UK (going thru recession) - 2.5% of GDP, i.e. $100 billion without having neighboring threats.

Army - almost 200,000 crore

Air Force - almost 45,000 crores

Navy - almost 30,000 crores

DRDO - less than 24,000 crore

ICoG - almost 7500 crores

BRO - almost 6500 crores

iDEX - almost 500 crores

Total expenditure estimate for FY25 - around 50 lac crore

2024 (Jul 23):[Budget] FY25 CAPEX at 11.11 lac crores. (long-term infra projects)

2.66 lakh crore for rural development.

    55,000 crore for housing.

    12,000 crore for PMGSY roads.

    86,000 crore for MGNREGA

2 lakh crore outlay for job creation schemes over next 5 years

47,000 crores for higher education

15,000 crores special financial support to Andhra Pradesh through multilateral devpt agencies.

11,500 crores financial support to certain irrigation and flood mitigation projects in Bihar.

2,500 crores for tourism.

2,500 crores for UGC.

10,000 crores for UIDF - urbanization of tier-2 and tier-3 cities.

The UGC funding has been dramatically reduced from the previous year’s revised estimate of Rs 6,409 crore to Rs 2,500 crore, marking a 60.99% cut. 

The budget for Indian Institutes of Management (IIMs) too has been cut for the second consecutive year, dropping from Rs 331 crore to Rs 212 crore. Indian Institutes of Technology (IITs) have also experienced a marginal budget cut from Rs 10,384.21 crore to Rs 10,324.50 crore.

11 lakh UG students in FY22

30 lakh first-time employees (EPFO)

50 lakh employees have salary less than a lakh?

20 lakh youth

Pvt universities annual fees range from 3 lakh to 10 lakh

The budget for Central universities has seen a significant increase by over 28%, rising to Rs 15,472 crore from the previous revised estimate of Rs 12,000.08 crore. Additionally, the budget for school education has increased by over Rs 535 crore, benefiting Kendriya Vidyalayas, Navodaya Vidyalayas, NCERT, PM Shri schools, and state governments.

As one of our columnists Praveen Chakravarty noted, she mentioned the word 'employment' 24 times in her budget speech. She also set aside a whopping Rs 2 lakh crore for employment and skilling schemes over the next five years to apparently skill and provide jobs to 4 crore young Indians.

2024 (Jul27):[Realty] notable real estate deal has been completed at the former site of Dilip Kumar’s iconic bungalow in Bandra, Mumbai. A luxurious triplex apartment, covering 9,527.21 square feet, has been sold for an impressive Rs 155 crore. Blackrock facilitated the sale, with Apco Infratech Private Limited emerging as the buyer. Dilip Kumar, the legendary Bollywood actor, passed away at the age of 98 on July 7, 2021, after a prolonged illness. In 1953, he bought the Bandra West property from Mohammad Latif for Rs 1.4 lakhs and resided there for fifty years. This bungalow, steeped in history, was involved in legal disputes for several years. Kumar’s family accused a real estate firm of forging documents to seize the property. After a lengthy court battle, Saira Banu, Dilip Kumar’s wife, regained possession of the keys in 2017. Now, all legal issues have been resolved, and the property is clear of disputes. According to SquareFeatIndia.com, the triplex spans the 9th, 10th, and 11th floors of the building. The per square foot rate is approximately Rs 1.62 lakh, and the stamp duty paid for the apartment’s registration was Rs 9.30 crore. Last year, the Ashar Group, a notable real estate developer, reached an agreement with Dilip Kumar’s family to develop a luxury residential project on the Pali Hill plot, previously the location of the celebrated actor's bungalow.

2024:[Budget] Union Minister Nitin Gadkari has said that the National Capital is seeing road projects worth over Rs 70,000 crore underway, along with some of its nearby areas. The projects include construction of roads, highways and expressways.

2024:[Tax] Delhi pays 2.5 lac crore of tax (2 lac crore of income tax), while Mumbai pays 5 lac crore and Banglore pays 2 lac crore. MH gets 55,000 crore rupees in return, KA gets 33,000 crores rupees in return. Atishi demanded 5 % of the total contributed tax (i.e. 10,000 crore rupees) to the central govt.

2024:[Equity] Namita Thapar's Emcure Pharmaceuticals shares made a strong debut on stock market at on July 10 after listing at ₹1,325.05. Emcure's IPO garnered significant investor interest after it ran from July 3-5. It is valued at ₹1,952.03 crores now.

2024 (Jul 26): Colgate-Palmolive (India) Ltd has received a tax demand notice of ₹248.74 crore from the Income Tax Authority for FY21 for transfer pricing-related issues. The said demand includes interest amounting to ₹79.63 crore, CPIL added. CPIL had net sales of ₹5,644 crore in FY2023-24.

India has the world’s third-largest startup ecosystem with 130,000 registered startups. 

Commerce and industry Minister Piyush Goyal on Sunday said the aim is to clock $2 trillion exports by 2030. “This year we aim (for) ₹70 lakh crore export and the target is to increase it 2.5 times by 2030.

FDI equity inflows in India declined 3.49% to $44.42 billion in 2023-24 due to lower infusion in sectors like services, computer hardware and software, telecom, auto and pharma, according to the government data. FDI inflows stood at $46.03 billion during 2022-23.

The total FDI -which includes equity inflows, reinvested earnings and other capital -declined marginally by 1% to $70.95 billion during 2023-24 from $71.35 billion in 2022-23, data from the Department for Promotion of Industry and Internal Trade (DPIIT) showed.

Banks borrowed a record ₹1.19 lakh crore from the market to fund demand for loans in the first fortnight of July, more than the ₹1.02 lakh crore they mobilised through deposits, according to latest Reserve Bank of India data, highlighting the challenges faced by banks in attracting depositors. Aggregate borrowings by banks at the system level amounted to ₹8.83 lakh crore (FY24), while in FY23 it was 4.45 lakh crore. An analysis of long-term data shows such borrowings have gone up af ter the merger of HDFC with HDFC Bank.

State Bank of India raised ₹10,000 crore through infrastructure bonds during the fortnight ended July 12.

Government-owned Rashtriya Ispat Nigam (RINL), which has not been working full capacity, missed payment to lenders earlier this month because of financial stress, according to two people familiar with the development, raising alarm among stakeholders. The company, also known as Vizag Steel, has about ₹14,000 crore as term loans and ₹15,000 crore as fund and non-fund-based limit such as short-term loans, guarantees and letter of credit. State Bank of India is the largest lender to Vizag Steel with more than ₹5,000 crore in term loan, ₹4,000 as non-fund-based limit, and ₹1,400 crore as working capital loan. Canara Bank has an exposure of ₹3,800 crore, while Indian Bank has offered ₹1,400 crore term loan, industry sources said.

The net profit of nine large private banks rose 26% to ₹44,308 crore in the first quarter that ended June 30 from a year earlier. India’s largest non-state lender, HDFC Bank, reported a 35% rise in net profit to ₹16,175 crore in the June quarter. Rival ICICI Bank reported a 14.6% rise in Q1FY25 net profit at ₹11,059 crore, buoyed by strong treasury income. Its slippages worth ₹5,732 crore emerged from the retail, rural and business banking segments. Another ₹184 crore came from corporates and small and medium enterprises.

2024 (Jun 30): NPS (Tier I): HDFC Pension fund has largest asset, i.e. 42,575 crores in equity; 27,000 crores in govt bonds and 16,000 crores in corporate debt;; followed by SBI Pension fund i.e. 18,745 crores (in equity), 18,500 crores in govt bonds and 9,000 crores in corporate debt. ICICI Pru Pendion fund stands third with 15,000 core as equity, 10,500 crores as govt bonds and 6,500 as corporate debt.

FY23: About 4000 listed Indian cos spent 64,000 crore in legal expenses. Top 5 industries are IT (10,000 crores), Pharma (9000 crore), Finance (5500 crores), Medical services (5200 crores) and Oil&Gas (3600 crores)

Global firms say that with India becoming a $3.8 trillion economy and increasingly connected to the global economy, it's no longer a question of “if” but “when”, so the government has to start acting quickly now.

In late June, Manan Kumar Mishra, chairman of the Bar Council of India (BCI), met with Nick Emmerson, president of the Law Society of England and Wales, to discuss the upcoming implementation of regulations that would open India to foreign lawyers and law firms.

FY23: ABD, promoted by Kishore Chhabria, sold nearly 33 million cases in FY23, with an estimated 11.8 per cent market share in the Indian whisky market. India, the world’s largest alcohol-consuming market.

FY23: India Inc. - of the 8.12 million new jobs, these three service sectors generated 3.91 million (48.2%). The IT sector led with 2.06 million jobs, followed by banking with 1.25 million, and finance with 575,000. Within the banking sector, 49.1% of the 1.6 million employees work in the public sector.

Other sectors such as healthcare (2.4%), chemicals (2.1%), infrastructure (1.7%), plastics (0.8%), paper (0.8%), and hospitality (0.1%) registered a compound annual growth rate (CAGR) below the national average of 3.1% during this period.
MSMEs, contribute over 30% to the GDP and playing a significant role in exports. 
4.68 crore Udyam-registered MSMEs have provided over 20.19 crore jobs, marking a 66% increase from the 12.1 crore jobs reported in July 2022, 4.54 crore of these jobs are held by women.
Between July 2020 and August 2023, MSMEs employed approximately 123.6 million people across the country.

Clifford Chance LLP is a British multinational law firm headquartered in London, England, and a member of the "Magic Circle", a group of leading London-based multinational law firms. It has revenue of 204 crores GBP (US$2.79 billion, 2022–2023). No. of lawyers: Approx. 3,680. No. of offices: 34 offices across 23 countries.

Baker McKenzie is one of the largest international law firms, headquartered in Chicago. Founded in 1949 under the name Baker & McKenzie, it has 77 offices in 46 countries and employs 4,809 attorneys and approximately 13,000 employees. 

2024 (May): [Realty] Aryan Khan, son of actor Shah Rukh Khan, has bought two floors at Panchsheel Park in South Delhi for ₹37 crore, and paid ₹2.64 crore as stamp duty. Earlier, Amitabh Bachchan had also sold his Gulmohar Park property in South Delhi for around ₹23 crore.

L&T Realty, the property development arm of Larsen & Toubro, has entered into a binding agreement with Valor Estate, earlier known as DB Realty, to jointly develop a more than ₹20,000-crore project on a 10-acre land parcel in Mumbai’s BandraKurla Complex (BKC), and planning to build a mixed-use project with premium housing, commercial spaces, and a 1,000-key five-star luxury hotel, on a combination of revenue and area-share basis. The land parcel is located next to the upcoming Bombay High Court complex. The project has a total development potential of over 7.5 million sq ft area, and as per the terms of the agreement, L&T Realty and Valor Estate will share developed area in effective ratio of 58% and 42%, respectively,” said one of the persons cited earlier. “Valor Estate will completely own the proposed luxury hotel.”

The land parcel is a part of a 13-acre plot that has some 5,500 families living in slums, who will be reha bilitated as part of the project.

Valor Estate will be responsible for getting the land vacated and obtaining necessary approvals for the development, which is expected to be completed in the next 12-18 months. As per the timelines, the entire project, including the rehabilitation work, is expected to be completed over the next 5-6 years.

“Valor Estate is also in advanced talks with international hotel brands for a 30-year operating agreement for the luxury hotel expected to be developed as part of the larger layout on this land parcel. In the proposed development, about 3.75 million sq ft will be free-sale component and 3.2 million sq ft will be under rehabilitation as part of the project. Out of the free-sale com ponent, about 1.5 million sq ft will be developed as luxury hotel property, while remaining 2.25 million sq ft will be commercial, including retail and premium housing.

Valor Estate recently entered into a similar binding agreement with Macrotech Developers also for a residential project spread over 5.4-acre land parcel in Mumbai’s Malad west suburb. The company has been working on its growth strategy through these alliances to monetize its key land parcels for the last couple of years. It has so far entered into such partnerships with realty developers including Prestige Estates Projects, Adani Realty, Godrej Properties, RMZ Corp etc to develop projects on its prime land parcels across Mumbai.

DigiYatra, which uses the facial recognition method for a contactless airport entry, is being used by about 90,000 passengers per day, Suresh Khadakbhavi, CEO of DigiYatra, said. The government is working on using the DigiYatra platform for biometric immigration checks as part of the strategy to quicken the transit process at airports. “We are currently working on the prototype for electronic passport-based enrolment. Testing is in progress. It is on the fast track,” he said.

Meanwhile, the Fast-Track Immigration-Trusted Traveller Programme ensures a quick immigration process for pre-verified Indian nationals and people holding the Overseas Citizen of India cards. This facility, launched in New Delhi in June, is being expanded to more airports.

2024 (Jul 18):[Cyber] WazirX got hacked leading to a loss of $235 million in various crypto assets. Consequently, the company had to freeze transactions due to breach. Following the hack, the company released a bounty program to find the trail behind the lost crypto. A cybersecurity company Cyfirma has finally identified that a North Korean hacker group was behind the theft. The stolen include $96.7 million in Shiba Inu, $52.6 million in Ether, $11 million in Matic and $7.6 million in Pepe. The value of your crypto assets will be calculated based on average prices from CoinMarketCap and select global exchanges as of 21 July 2024, 8:30 PM IST.

2024 (Jul): The tab for the Games in Paris, the first city to fully test cost-cutting reforms that the International Olympic Committee introduced in 2019, is at least $8.87 billion. That isn’t an eye-popping bill compared with the $17 billion that London spent in 2012, the estimated $28 billion that Tokyo spent in 2021 or the $24 billion that Rio de Janeiro spent in 2016 — the three most expensive Summer Games to date.

2024: [M&A] The Aditya Birla Group company had last month acquired a 22.77% stake in India Cements from billionaire investor Radhakishan Damani for Rs 1,900 crore, or about Rs 268 per share. Its total stake will now go up to 55.49%, triggering a mandatory open offer for another 26% stake. The open offer will also be priced at Rs 390 a share, leading to an outgo of Rs 3,142 crore for a 26% stake, UltraTech said. All told, that will add up to Rs 9,000 crore. “The India Cements opportunity is an exciting one as it enables UltraTech to serve the southern markets more effectively and also accelerates our path to 200+ mtpa (million tons per annum) capacity,” group chairman Kumar Mangalam Birla said in a company release. India is the second-largest producer of cement in the world and, as the country’s top player, UltraTech is targeting to enhance its production capacity to 200 mtpa by March 2027 from 150 mtpa.

India has added 120 mtpa of capacity in FY24.

[Startup] Pune-headquartered FirstCry conducted a secondary transaction in August last year, when three family offices—Ranjan Pai’s Claypond Capital, Harsh Mariwala’s Sharrp Ventures and Hemendra Kothari’s DSP family office—invested about Rs 435 crore.

Ola Electric’s IPO, opening on August 2, will likely be priced at a discount of 25% to its last funding valuation of $5.4 billion, ET first reported on July 16.

FirstCry’s offer size remains unchanged from that stated in its draft IPO papers, at $217 million (₹1,816 crore) of primary fundraise.

The maximum that an investor would be allowed is around $30 million, according to sources. The Ola Electric IPO will be the first automaker fundraise in more than two decades. Maruti Suzuki, India’s largest car maker, was the last automaker to debut on the stock exchanges in 2003 as part of the government’s divestment program.

OLA Electric IPO is a book built issue of Rs 6,145.56 crores. The total anchor book size is expected to be $350 million (Rs 3,300crore), representing 45% of the total IPO size of Rs 6,200 crore. Of this amount, Rs 5,500 crore is from a fresh issue of 72.37 crore shares, while the rest 8.49 crore shares consists of an offer for sale (OFS) worth 645.56 crores. 

Automobile tyre manufacturer MRF has leased 3.85 lakh sq ft of warehousing space in the village of Sudvadi in Pune’s Mawal area at a monthly rent of ₹1.04 crore, according to property registration documents accessed by CRE Matrix.

The property has been leased for a period of five years that is extendable for another five years. The property has been leased by NDR Tradehouse Pvt Ltd, according to the documents. Apart from the ₹1.04 crore monthly rent, the common area maintenance for the property will be ₹3.85 lakh per month, the documents showed. The security deposit for the transaction is ₹3.14 crore and there is an annual rental escalation clause of 4.5% built into it. The lease agreement has a lock-in period of three years. The transaction was registered on April 18, 2024, according to the documents.

In November 2023, Bajaj Auto had leased 7.63 lakh square metres of land from MIDC (Maharashtra Industrial Development Corporation) in Chakan, near Pune, for ₹53.43 crore, according to documents accessed by Proptstack.com. The lease was for a period of 95 years. Bajaj Auto had paid a stamp duty of ₹3.92 crore for the deal.

In April 2024, Finolex Industries, a manufacturer of PVC pipes sold its leasehold rights of 25 acres of land for ₹470 crore to Terravista Developers Pvt Ltd in Pimpri near Pune. The land was leased to Finolex Industries by Maharashtra Industrial Development Corporation (MIDC) in Pimpri Industrial Area near Pune, according to documents accessed by CRE Matrix.

Recently, Pune was in the news for a 12,000 sq ft penthouse being sold in Pune for ₹37 crore making it the most expensive property deal in the city. The property is located in Lodha One, Bund Garden, a project by listed real estate developer Lodha that goes by the name Macrotech Developers, the company had said in a statement.

R. Madhavan recently purchased a luxurious home in Bandra's Kurla Complex (BKC), The property is worth a whopping 17.5 crore and is located near Signia Pearl. The lavish apartment offers state-of-the-art amenities and huge living areas. The celebrated actor reportedly bought the high-end apartment for 17.5 crore, it spans approximately 389 square meters (4,182 square feet). Two parking spaces are included in the opulent space. This lavish place offers a living experience like no other with its unique Venetian Suites concept, providing interconnected living areas through disappearing interior walls. The apartment is located in the posh Signia Pearl residential complex.

A shocking incident has come to light in Kerala’s Thissur where an employee of a private financial institution absconded with Rs 20 crore. Dhanyamohan, a native of Kollam, was working as Assistant General Manager at the Walapad Financial Institution. She had been employed at the institution for nearly 18 years and is now accused of orchestrating a complex financial fraud. According to reports, the fraud involved systematic transfers from digital personal loan accounts to various unauthorised destinations over the past few years. The Walapad police filed a case and are intensifying their efforts to locate the missing employee and recover the stolen money. Dhanyamohan had lived in a residence near the Thirupajancherry temple for approximately 18 years.

IDFC First 2.0 (Mar 2024 onwards): 80% of deposits retail now; to touch Rs 6 lakh cr in 5 years: V Vaidyanathan

Ravi Kumar Singisetti took the reins of Cognizant on January 12, 2023, succeeding Brian Humphries. He tops the list with a staggering Rs 186 crore in compensation last year, as reported by India Today. According to company filings, the bulk of his earnings, around Rs 169.1 crore, came in the form of shares.

As CEO and Executive Director of Persistent Systems, Sandeep Kalra earned Rs 61.7 crore last financial year, a 31% increase from the Rs 46.9 crore he earned in FY22, reports LiveMint. Kalra joined Persistent Systems in 2019 and became CEO in 2020.

Nitin Rakesh, CEO and Director of Mphasis, earned Rs 59.2 crore in FY23, according to CNBC. He has been leading Mphasis since 2017, driving its growth in the competitive IT services and consulting sector.

Sudhir Singh, CEO and Executive Director of Coforge, earned Rs 34 crore in FY23, according to News18. He has led Coforge, an IT services firm with headquarters in Noida and New Jersey, since January 2020.

Bharti Airtel chairman Sunil Mittal’s remuneration for FY24 jumped 92% to Rs 32.27 crore, reflecting a correction in line with an upswing in the telco’s performances in the last two fiscal years. Airtel’s managing director Gopal Vittal’s remuneration rose 10% to Rs 18.5 crore.

Rajesh Gopinathan, the former CEO and Managing Director of Tata Consultancy Services (TCS), earned Rs 29.61 crore in FY23. Of this, his salary was Rs 1.73 crore, with additional benefits and allowances amounting to Rs 2.43 crore, according to the Economic Times. Gopinathan resigned as CEO in 2023.

HCL Tech CEO and Managing Director, C Vijayakumar, earned Rs 28.4 crore in FY23. He has been with HCL since 2016, guiding the company to new technological advancements, reports the Economic Times.

Sanjeev Mehta, CEO of Hindustan Unilever (HUL), earned Rs 22.36 crore in FY23, a slight increase from Rs 22.07 crore the previous year, according to the Financial Express. He has been leading the consumer goods giant since October 2013.

AirTel MD and CEO, Gopal Vittal’s salary rose 10% from 16.8 crore to Rs 18.5 crore.

Blackstone makes move for ₹40,000 crore entry into Indian snacks market, to acquire 51% stake in Haldiram's. The Blackstone deal is going to put Haldiram's market valuation between ₹70,000 crore and ₹78,000 crore, as per the report. The final offer made to the promoters of the company will be based on the outcome of the due diligence process. The deal will give Blackstone the majority stake, the controlling power and a perpetual licence of Haldiram's product business, according to the report. Ernst and Young (EY), the auditor firm is carrying out the due diligence on the Haldiram deal on behalf of Blackstone. The deal will have Singapore’s GIC and Abu Dhabi Investment Authority (ADIA) as a consortium, but Blackstone will hold majority stakes, said the report.

[PSU] According to a regulatory filing on Monday, July 29, state-owned defense manufacturer Bharat Electronics Ltd. (BEL) reported a standalone net profit of Rs 776 crore for the first quarter of fiscal year 2024–25 (Q1FY25).

As per the report, the IT department and its taxation body Central Board of Direct Taxes (CBDT) have seen a total filing of more than five crore income tax return claims as of July 26, 2024. The IT department urged the taxpayers to file their returns accurately to get their timely refunds. More than 66 per cent of the ITR filing this time was under the new tax regime provided by the Indian government to make the direct tax system simple and better, Ravi Agrawal the Chairman of CBDT told PTI.

The U.S. will send $1.7 billion in military aid to Ukraine, officials announced on Monday, including an array of munitions for air defense systems, artillery, mortars and anti-tank and anti-ship missiles. The package includes $1.5 billion in funding for long-term contracts through the Ukraine Security Assistance Initiative, and $200 million in immediate military aid taken from Pentagon stockpiles.

Pakistan makes $27-billion request from China, Saudi and UAE. Pakistan's finance minister recently acknowledged difficulties faced by all segments of society because of high interest rates, energy prices, increased tax burden, and currency devaluation

Pakistan is seeking the re-profiling of over $27 billion in debt and liabilities owed to China, Saudi Arabia and the United Arab Emirates to secure an International Monetary Fund (IMF) bailout package and ease consumer tariffs and energy sector foreign exchange outflows, reported Pakistani publication Dawn on Monday.

Pakistani Finance Minister (FM) Muhammad Aurangzeb on Sunday said that Islamabad had already requested the three lenders to roll over their more than $12 billion annual debt portfolio ($5 billion of China, $4 billion of Saudi Arabia and $3 billion of UAE) by three to five years so that Pakistan can secure the IMF board's approval for a $7-billion economic bailout by next month.

Tesla CEO Elon Musk announced that he and Tesla’s board will discuss a potential $5 billion investment in his artificial intelligence startup, xAI. This has raised concerns about a possible conflict of interest. Musk founded xAI last year to rival Microsoft-backed OpenAI, which led to worries that Tesla resources might be redirected to the AI venture. On Tuesday, Musk conducted a poll on social media platform X, asking if Tesla should invest $5 billion in xAI. Over two-thirds of nearly one million respondents supported the idea, though it is unclear how many are Tesla investors.

xAI raised $6 billion in Series B funding in May, valuing the company at $24 billion, with investors including Andreessen Horowitz and Sequoia Capital. Musk has indicated that he plans for a quarter of xAI to be owned by investors in X, which he purchased for $44 billion, though its value has since declined.

Musk has faced previous criticism over potential conflicts of interest. Tesla shareholders have questioned the 2016 acquisition of SolarCity, a company founded by Musk and his cousins, but the Delaware Supreme Court ruled last year that the purchase did not involve overpayment by Tesla.

FY24:[Tax] The number of taxpayers who filed income tax returns rose to nearly 82 million income tax payers in 2023/24, 9% higher than in the previous financial year, according to government estimates.

FY24:[Tax][GST] 15 million GST payers (or 14.8 million) = No. of Active (GST) Tax payers as on 31st Jul 24.

FY24: At the end of March 2024, India had a total 2.7 million companies (2,663,016 cos.) and out of them, 1.7 million active companies (1,691,495 cos.) or 64 per cent were active. Almost 1 million closed companies (931,644 cos.) were closed, 2,470 were dormant entities and 10,385 companies were under liquidation. A total of 27,022 companies were under the process of being struck off from official records.

FY24: During FY 2023-24, almost 200k (a total of 185,312) companies were registered with a collective paid up capital of Rs 30,927.40 crore. Out of them, 71 per cent were in the services sector, followed by 23 per cent in the industrial segment and 6 per cent in agriculture. Broader economic activity-wise classification reveals that community, personal and social services observed the highest rise of 11 per cent in the service sector as compared with FY 2022-23. In terms of states, 17.6 per cent of the new companies were set up in Maharashtra in 2023-24.

FY24: As on March 31, 2024, there were a total of 5,164 foreign companies registered in the country and out of them, 3,288 companies or 64 per cent were active.

FY24: Government estimates its total debt to increase to Rs 185 trn in FY25. The total debt stood at Rs 171.78 trillion, or 58.2 per cent of the gross domestic product (GDP), at the end of March 2024

FY24: As per the economic survey 2023-24, individual (retail) investors have around Rs 36 lakh crore in direct equities and Rs 28 lakh crore in assets under management of mutual funds. Individual investors are over 9.5 crore and have nearly 10% direct ownership of the market through its almost 2,500 listed companies.

2024 (Jun 26): [Macro] India's external debt was placed at $663.8 billion, an increase of US$ 39.7 billion over its level at end-March 2023, informed the Reserve Bank of India on Tuesday. If the valuation effect were excluded, external debt would have increased by $48.4 billion instead of $ 39.7 billion.

As per the International Monetary Fund, World Economic Outlook, April 2024, India's Gross Domestic Product at current prices has already reached $ 3.57 trillion in 2023-24, he said.

Further, NITI Aayog, in its report titled 'Report on Developmental Support to the Successor State of Andhra Pradesh under Andhra Pradesh Re-organization Act (APRA), 2014' dated December 1, 2015, has, recommended "...a total assistance of Rs 2,100 crore for the seven backward districts of Andhra Pradesh at the rate of Rs 300 crore per district. Based on recommendations of NITI Aayog, he said the Department of Expenditure has released an amount of Rs 1,750 crore so far under the APRA, 2014 for development of seven backward districts of Andhra Pradesh.

Bangladesh’s worst political violence since Prime Minister Sheikh Hasina extended her grip in power in January elections could cost the economy $10 billion, a major setback for the nation looking to shore up its foreign exchange reserves. While the current estimated costs represent a tiny fraction of the $455 billion economy, Bangladesh is in a precarious position with its dwindling foreign exchange reserves. This means the negotiations between Hasina’s government and creditors and the International Monetary Fund for more money will take a renewed urgency since the reserves have fallen to $21.8 billion last month and the garments sector, a key earner of dollars, struggles to fully reopen. Bangladesh unblocked the mobile internet Sunday after 11 days of near-complete blackout and the authorities eased the curfew with longer daytime breaks to help businesses. But at the same time, security forces have arrested about 10,000 people in the past 12 days.

Inside the Race to Mine $92 Billion Worth of Deep Sea Minerals. The controversial race to mine the deep sea is ramping up around the world. Here’s why Norway is taking a leading role.

[M&A] Amazon.com paid nearly $1 billion to acquire the live-video startup Twitch Interactive in 2014. A decade later, the retail giant has received little financial return from one of its bigger acquisitions. Known for hourslong broadcasts of videogame play, Twitch remains unprofitable despite periods of explosive popularity. In 2011, Twitch was spun out of livestreaming platform Justin.tv, with a focus on videogames. About a year later, Amazon took up game publishing and saw Twitch as a vehicle for promoting its titles. In 2023, the livestreaming service generated about $667 million in ad revenue and $1.3 billion in commerce revenue, which is about 0.5% of Amazon's total revenue. Twitch grew rapidly when its popularity soared from the success of the game “Fortnite” in 2018 and again during the pandemic’s lockdowns, but its expenses rose too.

2024 (Jul 29):[PSU] State-run Power Grid is planning an undersea interconnection worth up to ₹40,000 crore with countries in the Middle East, a top official said on Monday. The company plans to invest ₹18,000 crore this fiscal year, which will help accelerate the growth rate going forward, chairman and managing director R K Tyagi said, explaining that as projects become older, the earnings from transmission projects go down and the company has to keep commissioning new projects to have higher revenue growths. A high voltage direct current cable will go from the seabed with a capacity of up to 2,500 MW, he said, adding that it will cost ₹35,000-40,000 crore and will take up to six years to complete. He specified that discussions are ongoing with Oman, Saudi Arabia and the UAE for the interconnection. The company has a ’pulling station’ near the Arabian Sea in Gujarat’s Bhuj, which will be connected with a similar station on the shores of the Middle East country as well, he explained.

The Spanish government has authorised the construction of almost 300 renewable power projects with a total capacity of more than 28 gigawatts, which will help the country meet its ambitious green energy goals, it said on Monday.

The projects, which will represent a combined investment worth over 17 billion euros ($18.4 billion), comprise mainly photovoltaic power plants, as well as 43 wind farms and one hydropower plant, the Energy Ministry said in a statement.

Leveraging on its sunny plains, windy hillsides and fast-flowing rivers, Spain intends to raise the share of renewable-generated electricity to 81% of the total by 2030, up from about 50% now.

2024 (Jul 29): [M&A] Hewlett Packard Enterprise (HPE) is expected to secure unconditional EU antitrust approval for its $14 billion acquisition of networking gear maker Juniper Networks, people familiar with the matter said. HPE announced the deal in January, underscoring the rush by companies to upgrade and develop new products amid a sharp rise in artificial intelligence-driven services. HPE was expected to underline the power of market leader and Juniper rival Cisco to allay any possible European Union competition concerns. The deal is also being assessed by Britain's antitrust enforcer, with a decision due on Aug 14.

'Inside Out 2' has officially become the highest-grossing animated movie of all time! The movie that released in June, has officially surpassed the lifetime collections of 'Frozen II', earning an impressive $1.46 Billion at the global box office. As the film crossed the milestone, studio bosses said in a statement, that while they knew the movie was special, no one predicted its box office success. The film saw a dip in numbers on Thursday, July 26, when Ryan Reynolds and Hugh Jackman's 'Deadpool and Wolverine' hit screens. It earned around $1.94 million. It saw its numbers grow again on Friday, earning an estimated $2.50 million. This helped boost the domestic box office numbers to an estimated $607 million. The film has also secured its place as the 13th highest-grossing film of all time globally, with over $800 million earned at the international box office. 'Inside Out 2' had a strong start at the box office, bringing in USD 1 billion within the first 19 days of its release. It is currently the highest-grossing film of 2024. The film now tops the list of highest-grossing animated films, by beating the likes of 'The Super Mario Bros Movie' ($1.361 billion), 'Frozen' ($1.274 billion), 'Incredibles 2' ($1.242 billion), 'Minions' ($1.157 billion), 'Toy Story 4' ($1.072 billion), 'Despicable Me 3' ($1.032 billion), and 'Finding Dory' ($1 billion).

Experts fear a massive Microsoft outage which sparked chaos around the world will continue to impact services for days. The technical fault, which caused Windows software to suddenly shut down, grounded flights and knocked hospitals, GP surgeries, train services, banks, stock exchanges and TV channels offline. It was described by IT bosses today as a 'digital pandemic affecting millions', with others fearing the disruption will last long into the weekend. Among those taking extra steps today was the Mercedes F1 team, which since 2019 has been an official partner of CrowdStrike, the US cyber security firm which admitted to being responsible for the error. A team spokesperson said it was working to apply 'the relevant fixes' ahead of the Hungarian Grand Prix this weekend. It comes after a day of chaos which saw departure boards immediately turn off at airports including Heathrow, Gatwick and Edinburgh on the busiest day for British air travel since before the Covid pandemic.

Ranbir Kapoor: The ‘Rockstar’ of Bollywood with a staggering net worth of Rs 345 crore. His annual earnings are around Rs 30 crore, with a hefty fee of Rs 50 crore per film, augmented by a share in project profits. He commands a staggering fee of around Rs 6 crore per brand endorsement, solidifying his status as a commercial powerhouse. In 2013, Kapoor co-founded Picture Shuru Entertainment, a production house with director Anurag Basu. Their debut film, ‘Jagga Jasoos,’ featured Ranbir Kapoor and Katrina Kaif. He also co-produced Ayan Mukerji’s ambitious project, ‘Brahmastra: Part One – Shiva.’  Reports suggest that he holds a substantial 35% ownership in the Indian Super League team, Mumbai City FC. In 2022, the ‘Sanju’ star ventured into the tech industry by investing in a drone startup based in Pune. Reportedly, his minority stake, valued at approximately Rs 20 lakh, showcases his commitment to innovation and technology. This investment aligns him with other notable Bollywood figures like Aamir Khan, who also support this futuristic enterprise. Further, Ranbir Kapoor also has a stake in a company producing eco-friendly home products. The brand focuses on compostable garbage bags, reusable kitchen towels, and bamboo-based essentials. He owns a 4-BHK apartment in Bandra, Mumbai, and a luxurious Rs 13 crore apartment in Pune’s Trump Towers, which generates an annual rental income of around Rs 48 lakhs.

[Realty] Godrej Vrikshya At Sector 103, Gurgaon, 5kms from Dwarka Expy, 8kms from Gurgaon Rly Stn and 20km opposite of DLF The Camellias. 

About Project: 80% open area, 15 acres of land parcel, total 6 towers of 30 floors

3 BHK 3.3 crores (1948 - 1970 sqft) onwards and upto 4.5 BHK priced at 6.3 crores (3691 - 3775 sqft). Expression of Interest (EOI) amount is 20 lakh. 

CLP stands for Construction Linked Plan, which requires buyers to make payments after the construction reaches specific milestones. For example, you might have to put in 15% while booking, 20% when construction starts, 60% during various stages of construction and rest during possession.

Competition for government contracts is fierce. With the federal cybersecurity budget set at $12.7B for 2024 alone, that’s no surprise.

[M&A] Hinduja Group-backed IndusInd International Holdings (IIHL) filed an intervention application on Tuesday before the Mumbai bench of the National Company Law Tribunal (NCLT). The application states that while IIHL is prepared to pay Rs 2,750 crore as initial capital to acquire bankrupt Reliance Capital (RCap), certain requirements within the resolution plan, approved by the RCap lenders, have yet to be fulfilled, according to sources. Sources indicate that IIHL proposes to fund the resolution plan through Rs 7,300 crore in borrowings from lenders and Rs 2,750 crore in equity. It has already secured arrangements with lenders.

[Tax] About 6 crore ITRs filed for FY24; 70% under new tax regime. For the FY23, 8.61 crore ITRs were filed.

Sunil Bharti Mittal has an estimated net worth of $16.8 billion. Net worth: 1,130 crores USD (2024).

Mittal was drawing close to Rs 15 crore for the last three years since FY21 owing to weakness in the business environment. On August 24, 2023, with shareholders approval, his remuneration was restored to Rs 30 crore while managing director and CEO, Gopal Vittal’s salary rose 10% to Rs 18.5 crore, according to the annual report of the company.

Amid growing demand for a cut, if not removal, of GST on health and life insurance, government on Monday told Parliament that the levy fetched it Rs 21,256 crore during the last three financial years, with Rs 8,263 being collected during 2023-24.

Responding to a Parliament question, junior minister for finance Pankaj Chaudhary said another Rs 3,274 crore was received as GST from reissuance of health policies during last three years. The GST Council had fixed 18% rate when the new regime kicked in from July 2017. According to the formula, the Centre collects 9% GST with a matching collection by states. From the Centre's kitty, 41% is shared with the states in line with the devolution formula.

[Tax Devolution: For horizontal devolution, it has suggested 12.5% weightage to demographic performance, 45% to income, 15% each to population and area, 10% to forest and ecology and 2.5% to tax and fiscal efforts.13 Jun 2023]

Aug 5:[India][Equity] ₹17 lakh crore wiped from Indian stock market in a global sell-off.

Aug 5: Delhi Police Special Task Force arrested Sanjeev Jain, Managing Director and CEO of Parsvnath Developers Private Limited, at Delhi International Airport after a 60-kilometer chase. The National Consumer Disputes Redressal Commission's Joint Registrar issued a non-bailable warrant against Jain on July 18. The dispute between complainants Rajat Babbar and another party and Jain began when the former filed a complaint in 2017.

Given the legal and reputational risks, this leadership transition holds heightened importance for investors. With a market capitalisation of $213 billion across 10 listed units, the Adani Group commands significant infrastructure critical to India’s growth.

[Realty] From Mukesh Ambani’s Rs 12000 crore Antilia to Cyrus Poonawalla’s Rs 750 crore Lincoln House: Exploring Mumbai’s most expensive homes.

Owned by Mukesh Ambani, India’s richest man, Antilia is located on Altamount Road and stands as the second most expensive house in the world. This extravagant 27-floor skyscraper features an array of lavish amenities including an 80-seat movie theatre, 9 high-speed elevators, 3 helipads, a salon, an ice cream parlour, a swimming pool, and a gym, among others.

Situated atop Malabar Hill with a breathtaking view of the Arabian Sea, Jatia House belongs to Kumar Mangalam Birla, chairman of the Aditya Birla Group. Spanning 30,000 square feet, this mansion boasts 20 bedrooms, a central courtyard, a lush garden with a pond, and the capacity to host gatherings of 500-700 people.

Owned by Gautam Singhania, chairman of the Raymond Group, JK House is located in Mumbai’s prestigious Breach Candy area. This 16,000 square feet mansion sprawls across 30 floors, with 6 floors dedicated to parking. The building also houses a Raymond showroom, adding to its allure and grandeur.

Nestled in Mumbai’s Breach Candy, Lincoln House is a splendid seaside mansion owned by Cyrus Poonawalla. This heritage property is renowned for its historical significance and luxurious amenities, reflecting the elegance and wealth of its owner.

Anil Ambani’s residence, Abode, is located in Pali Hill, Bandra. Spanning 1600 square feet, this home features a range of high-end facilities including a swimming pool, gymnasium, expansive garage, and a helipad with multiple helicopters.

Mannat, the iconic home of Bollywood superstar Shah Rukh Khan, is situated in Bandra. This lavish bungalow spans six stories and boasts amenities such as a gymnasium, pool, private theatre, home offices, terrace, garden, library, and a personal auditorium, making it one of India’s most luxurious residences.

Located in Colaba, Ratan Tata’s retirement home is a serene abode reflecting his refined taste and stature. The 13,350 square feet bungalow features a sun deck, infinity pool, media room, library, and a personal gym, offering the perfect blend of comfort and elegance.

Owned by Amitabh Bachchan, Jalsa is a two-storeyed bungalow in Juhu. Originally gifted by director Ramesh Sippy, this home accommodates the entire Bachchan family and is a symbol of the legendary actor’s legacy and lifestyle.

Gulita, epitomizing opulence and the union of two influential families stands as Isha Ambani’s crown jewel. Valued at an astonishing USD 61.2 million, this sprawling mansion in Worli, Mumbai, is more than just a residence; it’s a testament to love and luxury. Acquired in 2012 from Hindustan Unilever, Gulita underwent meticulous renovations, transforming into a haven of sophistication and grandeur. Designed by the renowned London-based engineering firm Eckersley O’Callaghan, the diamond-themed steel structure and 3D modeling design elevate Gulita to unparalleled opulence. Every aspect of Gulita reflects Isha Ambani’s extraordinary life and impeccable taste, complemented by the Piramal family’s generosity. The mansion’s architectural brilliance is awe-inspiring, with grand chandeliers illuminating lofty ceilings and state-of-the-art furniture harmonizing luxury and functionality. Its diamond-themed glass facade not only enhances the mansion’s uniqueness but also plays with natural light, creating captivating visual effects.

Companies can spend up to $2 billion bringing a new drug to market.

Aug 8: Rs 38,561 crore order book and FIIs & DIIs increase stake in Q1FY25: MDL, Debt-free multibagger shipbuilding stock jumps over 8 per from intraday low with heavy volume! Mazagon Dock Shipbuilders Limited (MDL), a prominent Indian warship and submarine builder, achieved a significant milestone by being conferred the prestigious ‘Navratna’ Status on June 25, 2024. This elevation by the Ministry of Finance puts MDL in the league of the 21st Navratna Central Public Sector Enterprise (CPSE) in the country. Notably, MDL is the third defence PSU and the first shipyard ever to receive this distinction. - www.dsij.in/

Order Book: The company's order book as of March 31, 2024, crosses Rs 70,000 crore. Rs 70,000 crore order book: NBCC, an LIC-backed multibagger civil construction stock surged over 5 per cent; Company received orders worth Rs 905.06 crore from various clients across India. NBCC (India) Limited announced the award of a new project valued at approximately Rs 50 crore for the construction of a Regional Passport Office in Srinagar, Jammu & Kashmir from the Ministry of External Affairs. This contract was received through the normal course of business. Earlier to the above order, the company’s subsidiaries have secured construction orders totalling Rs 855.06 crore from the Maharashtra government. Hindustan Steelworks Construction Limited (HSCL) has been awarded two projects valued at approximately Rs 443.61 crore, encompassing the construction of a 100-student medical college with a 430-bed hospital in Parbhani and a residential hostel for doctors and interns in Solapur. Additionally, HSCC (India) Limited, another NBCC subsidiary, has secured a contract worth around Rs 411.45 crore for building a 100-student medical college and a 430-bed hospital in Buldhana. Both projects are commissioned by the Medical Education & Ayush Department of Maharashtra.

Aug 8: Reliance filed tax of 1.86 lakh crores in FY24, In FY22, it was ~ 1.77 lakh crore. Reliance group has crossed revenue of 10 lakh crore. Reliance Jio have 48 crore users, 11 crores are 5G users. Chairman Mukesh Ambani didn't took salary (15 crores/annum) for the 4th year straight. 

Aug 8:[Equity] BSE market is worth 450 lakh crore. 

2.06 trillion. The Nifty 50 Index represents about 59% of the free float market capitalization of the stocks listed on NSE as on September 29, 2023.
Nifty 50 constitutes 50 stocks with total market cap 19 lakh  crores.

NSE earned a profit of 2500 crores in FY25Q1, paid tax of 12,000 crores. BSE earned a profit of 265 crore.

For FY24, Sugarcane farmers got paid 1 lakh crore in the country, UP paid 36,000 crore.

The Directorate General of Goods and Services Tax Intelligence (DGGI) has sent Bajaj Finance a show cause notice over alleged tax evasion of ₹341 crore. The agency that investigates GST evasion accused Bajaj Finance of wrongly classifying a service charge as interest charge in an August 3 notice that ET has reviewed. The company faces a 100% penalty on the alleged ₹341 crore tax evasion from June 2022 to March 2024, ₹150 crore interest and daily interest of ₹16 lakh until the payment is made. This adds up to Rs 850 crore. “Intelligence collected reveals that Bajaj Finance Ltd is evading GST by wrongly treating services/processing charges as interest to avail the benefit of exemption provided under central tax rules,” said the 160-page notice. Bajaj Finance, India's largest consumer finance NBFC with Rs 3.54 lakh crore assets under management, charges ‘upfront interest’ from consumers who avail of its loans to purchase items at stores.

[Equity] In July, Mumbai's equity markets hit new highs, boosting retail investors' confidence in mutual funds, as SIP contributions soared to a record Rs 23,332 crore. The MF industry's total assets under management reached nearly Rs 65 lakh crore. Despite a slight dip in equity fund net inflows, debt funds saw nearly Rs 1.2 lakh crore in inflows.

[Loan] Loans are provided to MSMEs that have been running for a minimum of 3 years. The MSMEs must be financially stable as well. The repayment tenure of the loan ranges between 2 years and 5 years (inclusive of moratorium period of 3 months to 6 months). The interest rate ranges between 9.25% p.a. and 10% p.a. (8.80 to 10.5% for SPEED PLUS, 10-11% for TULIP, 4.5-5% of RoI was offered for second COVID wave enterprise needs)

Presently interest rate for short term crop loans/KCC sanctioned to farmers up to Rs 3.00 lakh (within 14-day disbursal) is 7% as per extant interest subvention scheme of Government of India. Long term loan limit under KCC is linked to MCLR. 3% interest subvention (Upto Rs.9000/- per borrower)for loans upto Rs. 3.00 lacs on prompt repayment. Comprehensive Progressive limit for 5 years available.10% limit increase every year, subject to annual review (upto Rs. 4,39,230 or ~ Rs. 4.5 lakh). No collateral security for loans upto Rs.1.60 lacs (within 7 day disbursal) . Only Hypothecation of Standing Crop. Personal accident insurance scheme (PAIS) coverage available. Eligible crops may be covered under PRADHAN MANTRI FASAL BIMA YOJNA (PMFBY) on premium payment. (Crop cultivation, animal husbandry and fishery)

[Loan] PNB offers lowest educational loan interest rates i.e. 4% p.a. to 12.75% p.a. and Kotak has the highest upto 16% p.a.

Personal Loan interest rate starts from 10% (HSBC) to 45% (IIFL). Indian Overseas Bank (10.85% p.a. - 12.85% p.a.)

[Loan] The Mudra Shishu loan interest rate ranges from 1% to 12% per annum. The RBI has directed 'commercial financial institutions' providing Mudra refinance to keep the interest rate at MCLR/ base rate. The scheme also caps interest rates for RRBs and SCBs extending the loan at 3.5% over the Mudra refinance rate. The RRBs have been given an interest cap of 3.50% over and above MUDRA refinance rate, while lending a PMMY loan by availing of MUDRA refinance. Mudra Loan RoI ranges from 5% to 15%, avg 8-10%.

Shishu (upto 50k for 5Y), Kishore (upto 5L) and Tarun (upto 10L / 20L)

Overall 21 Public Sector Banks, 36 Regional Rural Banks, 18 Private Sector Banks, 35 Non-Banking Financial Company (NBFC), 25 Micro Finance Institutions (MFI), 47 NBFC-MFI,15 Co-operative Banks and 6 Small Finance Banks have been selected for disbursing this loan as of now. 60 per cent of the loans under the scheme to be offered via ‘Shishu’ option and the remaining 40 per cent would be via ‘Kishore’ and ‘Tarun’ schemes.

INDIA – According to International Data Corporation’s (IDC) India Monthly Wearable Device Tracker, India’s wearable device market declined for the first time ever, by 10.0% year-over-year (YoY) to 29.5 million units. The first half of 2024 declined by 4.7%, shipping 55.1 million units. Cautious inventory stocking by the vendors with a focus on clearing the old stock before the festive season begins and fewer new launches were the key reasons for this decline. The average selling price (ASP) for the overall wearables also hit a record low, declining by 10.3% from US$21.0 to US$18.8 in 2Q24.

May 9: Indian exports up in 115 nations out of 238 destinations in 2023-24

Sep 1:

Sep 2: In Aug 2024, power consumption declined 4.7% YoY (from 151.3 BU) to 144.2 billion units (BU) mainly due to above normal rainfall across the country. The country recorded 287.1mm of rainfall in Aug'24 (16% higher than normal 248.1mm). The highest supply in a day contracted to 216.7GW in Aug'24 (w.r.t. 236.6GW in Aug'23). The peak power demand touched an ATH of 250 GW in May'24 (expected was 260 GW 2024 summer, last ATH was in Sep'23 at 243 GW)

Sep 3: Electric car and SUV retail sales in August lowest in past eight months: 6,335 units

Mirroring the overall trend in the passenger vehicle market, retail demand for electric vehicles fell by 10% in August. Tata Motors with 4,085 units saw a YoY decline of 14% YoY and had a 64% market share; cumulative January-August sales at 62,931 units are up 18%; sales of luxury EVs dropped 14% to 155 units.

UP Solar Energy Policy 2022 - targets 22 GW solar power projects by FY27 in UP, till H1 2024 350 MW of solar rooftop projects have been installed in the state. 

Sep 15: Adani group won a bid to supply Maharashtra with 6,600 MW of combined renewable and thermal power, according to the sources aware of the development. The bid was nearly a rupee lower than Maharashtra's current electricity procurement cost and will help meet the state's future electricity needs, as stated by two sources directly involved in the matter. According to sources, Adani Power's winning bid of Rs 4.08 per unit was lower than the second-lowest bid of Rs 4.36 per unit by JSW Energy and Maharashtra's average procurement cost of Rs 4.70 per unit last year. The tariff is approximately Re 1 per unit lower than the Maharashtra Electricity Regulatory Commission (MERC) approved average power purchase cost of Rs 4.97 per kWh (unit) for 2024-25. A total of four companies participated in the tender for the 25-year electricity supply contract. Adani Power will provide solar power at a fixed rate of Rs 2.70 per unit throughout the entire supply period, while the cost of coal-generated power will be linked to coal prices, as per the bid conditions. The power supply is set to commence 48 months after the letter of intent is awarded. In March, Maharashtra State Electricity Distribution Company (MSEDCL) issued a unique tender seeking 5,000 MW of solar-generated electricity and 1,600 MW of coal-generated power (in terms of capacity utilisation factor (CUF), resulting in a thermal to renewable power ratio of 1:3). The tender was released just before the model code of conduct for the Lok Sabha elections came into effect, and Adani was awarded the contract prior to the announcement of the state assembly elections. Bidders were required to provide a unified tariff for the supply of 6,600 MW of electricity, with 5,000 MW from solar and 1,600 MW from thermal sources. According to sources, the bundled procurement is aimed at meeting the projected peak demand of 35,573 MW in 2028-29 and 39,884 MW in 2032-32, against MSEDCL's current contracted capacity of 27,877 MW. 

Werner Ponikwar, CEO of hydrogen equipment maker Thyssenkrupp Nucera AG says those likely to succeed today are ones that include “the whole ecosystem,” locating a hydrogen plant near a clean energy source, with a ready customer close at hand. His company, for example, is supplying equipment to a hydrogen plant in northern Sweden that will in turn feed an iron and steel mill being developed by H2 Green Steel, which has secured €6.5 billion ($6.9 billion) in funding for the project. The region’s abundant hydropower will provide the electricity, and Mercedes-Benz Group AG has agreed to buy 50,000 metric tons of the mill’s steel per year. “With green steel, there’s a market that’s interested to buy, and they’re willing to pay a premium for it,” Ponikwar says.

"Graphene was not known to the human race just 20 years ago. Researchers are working to improve the performance of batteries, solar cells, and consumer electronics materials by incorporating graphene. It is also a promising material for semiconductors," Andre Geim told reporters on the sidelines of the 15th convocation of Hindustan Institute of Technology and Science. He was awarded the Nobel Prize in 2010 for the co-discovery of graphene, the thinnest material in the universe. Graphene is made of pure carbon atoms that are extracted from graphite. However, it is several times stronger than steel, flexible, and light. 

Tokyo's industrial policy focus today is on advanced forms of technologies ranging from batteries to solar panels, but the priority is reclaiming a bigger share of the global semiconductor industry, for which the Japanese government earmarked more than $27 billion over the past three years.

Although other nations are spending hundreds of billions of dollars to gain an edge, Japan's efforts stand out because of its history of using industrial policy to develop quickly after World War II. "It doesn't have to start from scratch," said Alessio Terzi, an economist at the European Commission. "This is already something that sets it apart from other countries."

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Future

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2025: Currently at the Khavda project site, 2 GW power production is completed and the company aims to produce 4 GW more in the ongoing financial year, 2024-25, making it 6 GW by March '25. After this the Adani company plans to expand by minimum of 5GW every year"

2025: The telecom sector alone is projected to employ 67.9 lakh workers in FY25, with a 29.5% growth rate focused on 5G roles. Emerging job profiles include 5G technology developers, cybersecurity experts, RF systems architects, AI/ML developers, and 5G ORAN architecture specialists. 

2025: According to the World Economic Forum's Future of Jobs Report, 85 million jobs will be replaced by machines with AI by 2025. While that might make you uneasy, the same report states that 97 million new jobs will be created by 2025 due to AI. 

2027:[Equity][India] USD 1.4 lakh crore estimated worth of retail market, in a report by Reliance Retail.

'Bharatmala Phase-I may be done by FY28'

2027:Hy Stor took a similar path, designing a project that will be located near its customer SSAB. The company’s Mississippi project will use on-site wind and geothermal energy to produce the hydrogen, storing it in an underground salt dome. Other customers are now interested in the project’s hydrogen, Luce says. Although construction hasn’t begun, she aims to have the project up and running by 2027. “We didn’t build a project and then go and try to sell people on it. We built a project around a customer,” Luce says. “I do always think that customer-aligned projects find a way of getting built.”

2028: India’s lifestyle market to hit USD 210 billion by 2028 with 22% online penetration, currently at $130 billion. The Indian lifestyle market is projected to grow at a compound annual growth rate (CAGR) of 10-12% over the next five years, reaching USD 210 billion by 2028, according to a joint report by Bain & Company and Myntra. The organized segment will play a crucial role in this growth, with the fashion sector accounting for nearly 80% of the market, while beauty and personal care (BPC) will also experience a 10-12% CAGR.

The report anticipates that India’s e-lifestyle market will expand from USD 16-17 billion in 2023 to USD 40-45 billion by 2028. This growth will be driven by easing short-term inflationary pressures and structural demand shifts, such as rising incomes, the growth of a fashion-forward, digital-native Gen-Z shopper base, and an increased demand for organized and branded products. (Aug 8, 2024)

2028: Consisting of Ambuja Cements, ACC and Sanghi Industries, Adani Cement has a production capacity of nearly 79 mtpa (2024). It is targeting a capacity of 140 mtpa by 2028. It’s aiming for a capacity of 96 million tonnes by the end of FY25, and 110 million tonnes by the end of FY26.

2028: Data Center - In India, colocation (colo) and cloud firms added nearly 258 MW of IT load in 2023 and their project delivery speed has also grown.
“By 2028, India is expected to have 3x installed capacity. An average of 464 MW of colocation capacity will be added annually between 2024 and 2028 across the top seven cities,” ABB’s Dutt said.

As of 2024, 11k DCs around the world, half in the US; 7.4GW of power consumed by DCs in 2023, up 55% from 2022.

2027: India requires 250,000-300,000 skilled semiconductor professionals in 2027 across R&D, design, manufacturing, and advanced packaging domains. 

2027 (Mar): India’s top cement player (24% market share), UltraTech is targeting to enhance its production capacity to 200 mtpa by March 2027 or FY27 from 150 mtpa. India Cements has a production capacity of 14.45 mtpa, of which nearly 13 million tonnes is in the south, mostly Tamil Nadu, and the rest in Rajasthan. (2024)

In 2027, IGIA's Aerocity is set to boast India's largest mall of over 28 lakh sq feet

2029 (Mar 28): Census 2031 will be notified. It'd take ~18 months to complete the census. [The Census 2021 was notified on March 28, 2019 (pre-pandemic) and the plan was to hold it in three phases during 2020 and 2021 – (i) housing and housing census during April-September 2020 (ii) population enumeration during February 9-28, 2021, to be followed by (iii) a revision round during March 1-5, 2021.]

2029: The Adani company AGEL aims to install 7 cr 50 lakh solar panels till 2029 and aims to produce 45,000 MW by 2030. With this project India is poised to avoid about 58 million tonnes of CO2 emissions annually.

2029: the share of gig workers in the workforce is expected to rise from 1.5% to 4.1% by 2029-30.

By 2029, Aerocity, currently with 15 lakh square feet of leasable space, will expand to over 1 crore square feet. (9 May'24)

2030: Adani Power, India's largest private-sector thermal power generator, has a generation capacity exceeding 17 GW, which is expected to rise to 31 GW by 2030. Its sister company, Adani Green Energy Ltd, is the country's largest renewable energy company with a generation capacity of 11 GW, set to expand to 50 GW by 2030.

2030: Adani Green Energy Limited will invest about Rs 1.5 lakh crore and Adani group will invest about Rs 2.3 lakh crore in renewable energy and manufacturing capacity by 2030. 30 GW renewable energy plant on barren land at Khavda in Kutch of Gujarat over area of 538 sq km after which it would become the planet's largest power plant regardless of the energy source. (2024)

2030: In August last year, Reliance Industries announced it would its investment target for renewable energy to ₹1.5 trillion. State-run ONGC has also announced it wants to achieve 10 GW renewable energy capacity by 2030 with an investment of ₹1 trillion. (Apr 2024)

2030: The semiconductor industry, poised to become a $100 billion industry by 2030, is expected to generate approximately 1 million global jobs by 2025-2026. (FY26)

By 2030, the Indian EV industry could create 10 million direct jobs and an additional 50 million indirect jobs. The market size of the Indian electric vehicle industry reached approximately USD 5.48 billion in 2023, with a projected compound annual growth rate (CAGR) of 34.7% between 2024 and 2032

2030:[US] President Biden's goals of 50 percent electric vehicle adoption by 2030.

2030:[US] The European Union has set a target of producing 10 million metric tons of carbon-free hydrogen by 2030 while importing an equal amount. In the US, President Joe Biden has devoted $8 billion to creating “hydrogen hubs,” clusters of businesses making and using the fuel. Andy Marsh, CEO of Plug Power Inc., says his company has engineering and design work underway on European projects that together would use about 4.5 gigawatts of renewable power to generate hydrogen. “If half of it comes to fruition, we’ll be happy,” he says. “If a quarter of it comes to fruition, we’ll be happy.” Unlike natural gas or oil, a global system for shipping hydrogen doesn’t yet exist. Transporting hydrogen requires supercooling it, compressing it or carrying it in another, more manageable form such as ammonia, which combines hydrogen with nitrogen. (Aug'24)

2031:[India] Census 2031

2032: India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura.

2032:[India] Adani Group Chairman Gautam Adani, 62, plans to step down at the age of 70 and shift control to his sons in the early 2030s, Bloomberg News reported quoting him in an interview on August 5, 2024. Gautam Adani's sons, Karan and Jeet, along with cousins Pranav and Sagar have told him that they intend to run the group as a family even after the patriarch steps down. On the ports business, Karan Adani told Bloomberg News, "the clear priority is that we keep expanding not just within India, but also in our neighbouring countries." He sees India as a potential alternative to Dubai or Singapore.

Fiscal years are named using the year when the period ends. For instance, a fiscal year that runs from 1 April 2023 to 31 March 2024 is called FY24.

2034: The latest edition of the Global Fleet and MRO Market Forecast 2024-2034, shows that the size of the global fleet will increase 28 per cent over the next 10 years, expanding from today’s 28,400 aircraft to 36,400 by 2034. The earlier peak was 27,800.

2036: India's population set to reach 152.2 crore, with slightly improved sex ratio.

2039: SBI raises 7500 crore via its first Basel III-compliant tier-II bonds, matures after 15Y (Wed 28 Aug'24), coupon rate of 7.42%, call option after 10Y at 2034. Its base issuance size was 5k crore, total received bids = 70 indicating wider participation with heterogeneity of bids. 

2040: the employable population has consistently increased. Projections indicate that it will reach 64.9% by 2040. Usually a 1% increase in GDP results in a 0.31% increase in employment. In the short term, the effects of growth are even more pronounced, with a 1% GDP increase leading to a 0.95% rise in employment.

2042: Indian Army: Rs 6500 crore tender for 400 artillery guns - These listed Indian defence companies may bid. A tender for buying 400, 155-mm 52-calibre towed artillery gun systems (TAGS) along with towing vehicles from Indian firms under the Buy Indian-IDDM category has been issued," senior military officials told news agency ANI. The procurement process is part of the Indian Army's modernisation plan. The procurement will be completed by the year 2042.

2047: "Developed India" by 2047; Viksit Bharat @ 2047

2047: India’s dream of become a $30 trillion GDP by 2047, with per capita income of $18,000 per annum. 

2047: Prime Minister Narendra Modi’s goal of making India a high-income country by 2047 is unlikely to be achieved but India should become an upper middle-income country and a superpower by the middle of the century, Martin Wolf, Chief Economics Commentator, Financial Times said on Friday (Jul 5, 2024)

2047:[Policy] The Ministry of Ports, Shipping and Waterways (MoPSW) is formulating a new shipbuilding scheme designed to incentivise Indian shipyards through various measures until 2035, according to a senior government official. TK Ramachandran, Secretary of Ports, Shipping and Waterways, revealed that the new policy aims to elevate India into the top 10 shipbuilding nations by 2030 and the top five by 2047, up from its current 22nd position globally. It will incentivise Indian shipyards until 2035 by various measures. Additionally, the ministry will offer 20 per cent financial assistance for vessels equipped with fully electric or hybrid propulsion systems.

2050: Global cancer deaths among men projected to increase by 93% by 2050 - Dr. William Dahut, chief scientific officer for the American Cancer Society, told CNN.

2050: Many analysts see no other way to decarbonize steel, maritime shipping and other industries that can’t easily run on electricity. BNEF predicts we’ll need to use 390 million tons of hydrogen per year worldwide in 2050 to eliminate carbon emissions from the global economy, more than four times the amount used today.  Hydrogen produced using clean energy costs four times as much as hydrogen made from natural gas, according to BNEF. And it’s hard to build the infrastructure to supply hydrogen—not just plants to make it but pipelines to move it—when the demand may not materialize for years. “It’s no different than any other energy development at scale. Natural gas pipelines didn’t get built without customers,” says Laura Luce, chief executive officer of Hy Stor Energy. Her company has an exclusive letter of intent to supply hydrogen to an iron mill that Sweden’s SSAB SA plans to build in Mississippi.Countries with the potential to generate abundant renewable power, such as Chile with wind and Australia and Egypt with solar, have announced grand goals to make the fuel, often for export. More than 360 plants have been announced in China alone, according to BNEF. (Aug'24)

2070: Prime Minister Narendra Modi announced a net zero by 2070 target during the Panchamrit declaration at COP26 in 2021 

Dr Jitendra Singh said, PM Modi had at the 26th session of the Conference of the Parties (COP26) to the United Nations Framework Convention on Climate Change (UNFCCC) held in Glasgow, United Kingdom in November, 2021, expressed to intensify India’s Climate Action Plan (CAP) by presenting to the world five nectar elements (Panchamrit) of India’s climate action plan. He said, apart from a five-pronged target for India and its commitment to Net-Zero emissions by 2070, PM Modi also asserted the need to follow a sustainable lifestyle and emphasised on the idea of making ‘Lifestyle for Environment’ (LiFE) a global mission through bolder steps by the global clean energy fraternity.

According to government data, the SGBs that are up for redemption Monday were purchased on 5 August 2016 at Rs 31,190 per 10 grams. After five years, 202 kg of the 2.95 tonnes initially purchased were redeemed, leaving behind 2.75 tonnes for redemption after eight years on 5 August 2024. “The government might have to pay Rs 1,925.58 crore to the investors holding 2.75 tonnes of August series SGBs as per the current price of around Rs 7,000/gm,” Prithviraj Kothari, managing director of RiddiSiddhi Bullions Limited told ThePrint. If there had been no customs duty cut, gold prices would have been trading around Rs 7,600/gm, which would have led to an outflow of nearly Rs 2,090.65 crore (on the SGBs),” he added. “Therefore, the government would save around Rs 165 crore of liability in SGB redemption by reducing 9 percent customs duties on gold in the budget.

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People and Population

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8 billion - World population (FY23)

1.53 billion - est population of India by 2100 - UN WPP'22

1.43 billion - population of India and China in 2023 - UN WPP'22

546 million - est population of Nigeria (third-highest) in 2100 - UN WPP'22

340 million - population of the US in 2023 - UN WPP'22

320 million - India has more than 32 crore households (2022).

278 million - population of Indonesia in 2023 - UN WPP'22

278 million - population of Pakistan in 2023 - UN WPP'22

224 million - population of Nigeria in 2023 - UN WPP'22

216 million - population of Brazil in 2023 - UN WPP'22

173 million - population of B'desh in 2023 - UN WPP'22

144 million - population of Russia in 2023 - UN WPP'22

128 million - population of Mexico in 2023 - UN WPP'22

100 million (10 cr) - Assesses target for Indian tax officers - 2017

100 million = 10 crore

51.6 million - India's Chhatrapati Shivaji Maharaj International Airport in Mumbai has the highest annual passenger traffic for a single runway airport. 

34.7 million - US Green card applications filed in 2024, only 3% are expected to secure the PR.

27 million - According to the last census in 2011, there are a total 27.37 million rented households across India of which almost 80% are in urban areas.

21 million - US accounts on GitHub (highest)

15.4 million - Indian accounts on GitHub (2.2 million in FY24; 5.8million in 2021)

10 million = 1 crore

5 million - India has for centuries been a popular destination for international migrants, with nearly 50 lakh (4.9 million) foreign-born residents as of 2020, making it the 14th top destination country globally, although immigrants account for less than 0.4 percent of its 1.4 billion people.

5 million - 50 lakhs youths of our country are wasting their 3-5 years of their 20s in preparing for an average group B or Group C post or clerical posts in Banks, Railways, SSC CGL, SSC CHSL etc.

2.4 million - 24 lakh - In the NEET-UG 2024 examination, a total of 24 lakh students have registered. Among them, 42.80% are male candidates, accounting for 10 Lakh+ registrations, while female candidates make up 57.20% with 13,63,216 registrations. Best seat-to-candidate ratio (1:42)

1.3 million - 13.4 lakh, the total number of candidates applied for UPSC 2024. Out of these, 14,627 candidates have been shortlisted for the Mains exam.

1 million = 10 lakh

Over 8.26 lakh GATE applications were received by IISc spanning over 30 test papers. Of these, 6,53,292 candidates appeared for the exam.

5 lakh - Every year, approximately 4-5 lakh candidates register for the NDA-NA exam, with 2.5-3 lakh candidates taking the exam. Around 7-8 thousand students pass the exam out of all students who take the exam. This means that only 2.5-3% of candidates are invited to the next round, the SSB Interview.

Every time around 5 lakh+ candidates apply for the CDS exam, so in one year around 10 lakh+ candidates apply for the CDS exam.

3 lakhs+ candidates appearing for CAT 2023.

Nearly, two lakh candidates appear for the examination every year. IES Engineering officers for Government of India are selected on the basis of combined three stage recruitment process - IES Preliminary, IES Main and Personality Test.

JEE Advanced 2024 Registration Numbers Break Past 11 Year Record; Over 1.91 Lakh Apply. More than 1.91 lakh candidates have reportedly registered to participate in one of the world's toughest exams. The race for around 17000 BTech seats offered by 23 IITs 

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History of Financial Institutions

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1690 - Barclays plc , London

1727 - The Royal Bank of Scotland, Edinburgh (UK)

1743 - Kooger Doodenbos (ING Group)

1799 - The Bank of The Manhattan Company, NY (Chase)

1812 - Citibank, NY

1814 -  Treaty of Paris (BNP Paribas)

1820s - Louis-Raphaël Bischoffsheim, Mainz (Germany) (BNP Paribas)

1822 - Société Générale de Belgique, Brussels (Belgium) (BNP Paribas)

1835 - The Australia and New Zealand Banking Group Limited, London (UK)

1845 - Assurantie Maatschappij tegen Brandschade de Nederlanden van 1845 ("Fire Insurance Company of the Netherlands of 1845") (ING Group)

1848 - Comptoir national d'escompte de Paris (BNP Paribas)

1850 - American Express, NY

1851 - Western Union, CO

1856 - Credit Suisse Group AG, Swiss

1861 - Bank of New Zealand (BNZ), Auckland, (New Zealand)

1862 - Union Bank of Switzerland, Zurich (Swiss) (1862–1998; UBS Group AG) 

1865 - HSBC Holdings plc , Hong Kong

1869 - The Goldman Sachs Group, Inc., NY

1871 - J.P. Morgan & Co., NY

1872 - Banque de Paris et des Pays-Bas, Amsterdam (Netherlands) (BNP Paribas)

1877 - Chase National Bank

1884 - Nationwide Building Society, Swindon (UK)

1911 - The Commonwealth Bank of Australia, or CommBank, Melbourne (Australia)

1924 - Dean Witter Reynolds, NY (Morgan Stanley)

1929 - Wells Fargo, CA

1931 - Reynolds Securities, NY (Morgan Stanley)

1932 - Synchrony Financial, CT

1935 - Morgan Stanley

1946 - Fidelity Investments, MA

1955 - The Chase Manhattan Bank aka Chase Bank, NY

1968 - Fidelity National Information Services, Inc. (FIS), FL

1969 - Macquarie Group Limited, Sydney (Australia)

1971 - Charles Schwab Corporation, TX

1971 - Midwest Payment Systems (1971–2003) (Worldpay, FIS)

1975 - The Vanguard Group, PA

1981 - National Australia Bank, Melbourne (Australia)

1982 - Westpac Banking Corporation, Sydney (Australia)

1988 - BlackRock, Inc, NY

1985 - Discover Card, IL

1989 [Realty] Amrapali Services Pvt Ltd. , Kolkata by Om Prakash Killa and Rahul Killa

1989 [Realty] Amrapali Developers (India) Limited by Yashwant Amratlal Thakkar, Rashmikant Amratlal Thakkar, Davendrakumar Punambhai Patel, Shambhu Bhagat and Shankarlal Maganlal Raval., Ahmedabad - now Amalgamated

1991 - The ING Group, Amsterdam (Netherlands)

1997 - Worldpay Group plc (FIS)

1998 - UBS Group AG, Swiss

1998 - Citigroup Inc., NY

1998 - The Bank of America Corporation, NY

1998 - PayPal Holdings, Inc, CA

2000 - JPMorgan Chase & Co

2000 - Banque Nationale de Paris aka BNP Paribas, Paris (France)

2001- Xoom Corporation by PayPal, CA

2003 - Fifth Third Processing Solutions (2003–2011) (Wordplay, FIS)

2004 [Realty] Amrapali Fincap Limited, Ahmedabad by Prakashchandra K Shah, Ganpat Motiram Rawal, Bhumi Atit Patel and Linaben Trusharkumar Patel

2004 [Realty] Amrapali Homes Projects Private Limited, Delhi by Anil Kumar Sharma, Amresh Kumar and Suvash Chandra Kumar

2005 - Payoneer Global Inc., NY

2007 [Realty] Amrapali Infrastructure Private Limited, Delhi by Anil Kumar Sharma, Ajay Kumar, Suvash Chandra Kumar and Shiv Priya. (under CIRP)

2010 [Realty] Amrapali Silicon City Private Limited, Delhi by Anil Kumar Sharma and Shiv Priya, Amrapali Smart City Developers Private Limited, Delhi by Anil Kumar Sharma, Ajay Kumar and Shiv Priya.

2010 [Realty] Amrapali Asset Reconstruction Company Private Limited, Ahmedabad by Yashwant Amratlal Thakkar and Rashmikant Amratlal Thakkar

2010 - Zettle by PayPal, Stockholm (Sweden)

2010 - Wise PLC, previously known as TransferWise, London (UK)

2010 - Stripe, Inc., CA

2011 - Vantiv (Wordplay, FIS)

2017 - Zelle, AZ

1926 - Kelley Blue Book Co., Inc, CA

1995 - eBay Inc, CA

1995 - Craigslist, CA

1997 - GoDaddy Inc, AZ

1997 - Autotrader.com, Inc, GA

1999 - Blogger by Pyra Labs, CA

2003 - WordPress

2005 - Etsy, Inc, NY

2005 - Reddit, CA

2006 - Shopify

2006 - Wix.com, Tel Aviv-Yafo (Israel)

2007 - Weebly, CA

2012 - Canva, Perth (Australia)

FY23 = 2022-23 (i.e FY concluding in year 2023, month Mar)

FY24 = 2023-24 (i.e FY concluding in year 2024, month Mar)

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Area - Land, Agricultural, Industrial, Commercial, Residential etc. | acres...

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1000000 sqft = 1 mn sqft = 9.3 ha = 23 acre = 93,000 sqm or 93 k sqm = 0.09 sqkm

1755 sqkm - North Goa

1483 sqkm - Delhi

1320 sqkm - total area of Jim Corbett National Park, Uttarakhand in the valley of Ram Ganga River.

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810,000 sqkm - India's forest cover, the total geographical area declared as forest by the government. As of 2021, the total forest cover in India is 80.9 million hectares, which is 21.71 per cent of the total geographical area.

123,000 sqkm - There are currently 573 Wildlife Sanctuaries in India, totalling 123,762.56 km2, or 3.76% of the nation's land area (National Wildlife Database, Nov. 2023). As per the Bombay Natural History Society (BNHS), there are around 72 Bird Sanctuaries in India and around 1210 bird species.

90,000 sqkm - total area under 18 Biosphere reserves of India is 89,218.77 sqkm. Great Rann of Kutch is the largest (12454 sqkm) and latest (est 2008) BR of India

44,400 sqkm - 106 National Parks of India  1.35% of the geographical area of the country (National Wildlife Database Centre, 2 Nov'23)

12,454 sqkm - Great Rann of Kutch (Gujarat, est.2008) is a biosphere reserve of Desert type.. The key fau,na of the region are Four Horned Antelope (Chausingha (VU)), Indian Wild Dog (VU) . The region also houses Indian wild ass. It is Part of Kutch, Morbi, Surendranagar and Patan districts; the largest biosphere reserve in India.

10,500 sqkm - Gulf of Mannar (Tamil Nadu, est.1989) is a biosphere reserve of Coasts type.. The key fauna of the region are Nilgiri Tahr (EN) . The region also houses Dugong. It is Indian part of Gulf of Mannar extending from Rameswaram island in the north to Kanyakumari in the south of Tamil Nadu and Sri Lanka

9630 sqkm - Sundarbans (West Bengal, est.1989) is a biosphere reserve of Gangetic Delta type.. The key fauna of the region are Snow Leopard (VU), Himalayan Ibex (also referred to as Siberian Ibex – LC) . The region also houses Royal Bengal tiger. It is Part of delta of Ganges and Brahmaputra river system

7770 sqkm - Cold Desert (Himachal Pradesh, est.2009) is a biosphere reserve of Western Himalayas type.. The key fauna of the region are Takin (VU), Red Panda (EN) . The region also houses Snow leopard. It is Pin Valley National Park and surroundings; Chandratal and Sarchu & Kibber Wildlife Sanctuary

5860 sqkm - Nanda Devi Biosphere Reserve (Uttarakhand, est.1988) is a biosphere reserve of Western Himalayas type.. The key fauna of the region are Bengal Tiger, Clouded Leopard (VU), Gangetic Dolphin (EN) . The region also houses Snow leopard, Himalayan black bear. It is Parts of Chamoli District, Pithoragarh District & Bageshwar District

5520 sqkm - Nilgiri Biosphere Reserve (Karnataka, Tamil Nadu and Kerala, est.1986) is a biosphere reserve of Western Ghats type.. The key fauna of the region are Dugong (VU), Saltwater Crocodile (LC) . The region also houses Nilgiri tahr, tiger, lion-tailed macaque. It is Part of Waynad, Nagarhole, Bandipur and Mudumalai, Nilambur, Silent Valley

5300 sqkm - area of Trans-Karakoram Tract (Shaksgam Valley), Pak accepted Chinese sovereignty for this are under 1963 Sino-Pakistan agreement.

5112 sqkm - Dihang-Dibang (Arunachal Pradesh, est.1998) is a biosphere reserve of Eastern Himalaya type.. The key fauna of the region are Great Indian Bustard (CR), Indian Wild Ass (NT) . The region also houses Mishmi takin, musk deer. It is Part of Siang and Dibang Valley

5000 sqkm - Pachmarhi Biosphere Reserve (Madhya Pradesh, est.1999) is a biosphere reserve of Semi-Arid type.. The key fauna of the region are Dugong (VU), Olive Ridley turtles (VU) . The region also houses Giant squirrel, flying squirrel. It is Parts of Betul District, Hoshangabad District and Chhindwara District

4756 sqkm - Seshachalam Hills biosphere (Andhra Pradesh, est.2010) is a biosphere reserve of Eastern Hills type.. The key fauna of the region are Red Panda (EN), Snow Leopard (VU), Musk Deer (EN), Great Tibetan Sheep (Argali – NT) . The region also houses Slender loris. It is Seshachalam Hill Ranges covering parts of Chittoor and Kadapa districts

4374 sqkm - Simlipal (Odisha, est.1994) is a biosphere reserve of Deccan Peninsula type.. The key fauna of the region are Assam Roofed Turtle (EN), Hispid Hare (EN), Golden Langur (EN), Pygmy Hog (EN), Wild Water Buffalo (EN), Bengal florican (CR) . The region also houses Gaur, royal Bengal tiger, Asian elephant. It is Part of Mayurbhanj district

3835 sqkm - Achanakmar-Amarkantak Biosphere Reserve (Madhya Pradesh, Chhattisgarh, est.2005) is a biosphere reserve of Maikal Hills type.. The key fauna of the region are Snow Leopard (VU), Musk Deer (EN), Bharal Or Blue Sheep (LC) . The region also houses Four-horned antelope, Indian wild dog, sarus crane, white-rumped vulture, sacred grove bush frog. It is Part of Annupur, Dindori and Bilaspur districts

3500 sqkm - Agasthyamalai Biosphere Reserve (Kerala, Tamil Nadu, est.2001) is a biosphere reserve of Western Ghats type.. The key fauna of the region are Lion Tailed Macaque (EN), Nilgiri Tahr (EN), Malabar Giant Squirrel (LC), Nilgiri Langur (VU) . The region also houses Nilgiri tahr, Asian elephant. It is part of Neyyar, Peppara and Shenduruny Wildlife Sanctuary, Kalakkad Mundanthurai Tiger Reserve and their adjoining areas

3000 sqkm - Panna (Madhya Pradesh, est.2011[9]) is a biosphere reserve of Moist deciduous forest type.. The key fauna of the region are Red Panda (EN), Hoolock Gibbons (EN), Red Giant Flying Squirrel (LC) . The region also houses Bengal tiger, Chinkara, Nilgai, Sambhar sambar deer, and Sloth bear. It is Part of Panna and Chhattarpur districts in Madhya Pradesh

2837 sqkm - Manas (Assam, est.1989) is a biosphere reserve of Eastern Hills type.. The key fauna of the region are Tiger, Gaur, Indian Giant Flying Squirrels (LC) . The region also houses Asiatic elephant, tiger, Assam roofed turtle, hispid hare, golden langur, pygmy hog. It is Part of Kokrajhar, Bongaigaon, Barpeta, Nalbari, Kamrup and Darrang Districts

2620 sqkm - Khangchendzonga National Park (Sikkim, est.2000) is a biosphere reserve of East Himalayas type.. The key fauna of the region are Tiger (EN), Chital (LC), Chinkara (LC), Sambar (VU) . The region also houses Snow leopard, red panda. It is Parts of Kangchenjunga

2600 sqkm - area of Siachen glacier, situated between Shaksgam Valley and Laddakh.

885 sqkm - Great Nicobar Biosphere Reserve (Andaman and Nicobar Islands, est.1989) is a biosphere reserve of Islands type.. The key fauna of the region are Red Sanders (NT), Golden Gecko (LC – Endemic To Tirumala Hills) . The region also houses Saltwater crocodile. It is Southernmost of the Andaman and Nicobar Islands

820 sqkm - Nokrek (Meghalaya, est.1988) is a biosphere reserve of Eastern hills type.. The key fauna of the region are Royal Bengal Tigers, Wild Elephants (EN), Gaurs (VU – Indian Bison), Chausingha (VU) . The region also houses Red panda. It is In West Garo Hills

765 sqkm - Dibru-Saikhowa (Assam, est.1997) is a biosphere reserve of Eastern Hills type.. The key fauna of the region are Royal Bengal Tiger (EN) . The region also houses White-winged wood duck, water buffalo, black-breasted parrotbill, tiger, capped langur. It is Part of Dibrugarh and Tinsukia districts

765 sqkm - Dibru-Saikhowa, the smallest Biosphere Reserve of India housng White-winged wood duck, water buffalo, black-breasted parrotbill, tiger, capped langur. It is Part of Dibrugarh and Tinsukia districts.

735 sqkm - Singapore

712 sqkm - Total area of MNDR tehsil (incl. 683 sqkm rural area)

520 sqkm - Core area of Corbett National Park comprising of hills, riverine belts, marshy depressions, grasslands and a large lake.

114 sqkm - Chandigarh 

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75 sqkm - 7504.17 hectare of area under Amroha Master Plan 2023-2031 (8 years).Part-3 released on 29 Mar 2024, Part-2 on 27 Aug 2023, and Part-1; passed on 14 Jun 2023, revised on 12 Mar 2024, 

43 sqkm - New Delhi

30 sqkm - urban area of MNDR

21 sqkm - Ranikhet

20 sqkm - area of the Indira Gandhi International Airport, Palam (biggest airport in India)

15.4 sqkm - Solar Park with 1200MW capacity in 3800 acre 

14sqkm - A CRISIL Ratings analysis of office space owners with debt of over Rs 70,000 crore and total leasable area of around 150 million sq ft, accounting for 20% of Grade A office space in seven top cities. (Jan'24)

11 sqkm - the town of Nainital covers a total area of 11.73 km2 

11 sqkm - Solar Park with 600MW capacity in 2700 acre 

6.7 sqkm - the gross leasing figures for India's office market reached an impressive 75 million square feet (Jan'24)

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9999 ha - 1 bn sqft (or 99.99 sqkm )

9281 ha - 999 mn sqft

8361 ha - 900 mn sqft

2787 ha - 300 mn sqft

2323 ha - 250 mn sqft

1858 ha - 200 mn sqft

1394 ha - 150 mn sqft

1000 ha - 10 sqkm

930 ha - 100 mn sqft

920 ha - 99 mn sqft

697 ha (75 mn sqft) - Marking a definitive end to the era of remote work, India's office market has entered 2024 on a robust note. Closing the chapter on 2023, the gross leasing figures reached an impressive 75 million square feet, marking a 7% increase from the levels observed in 2019. Notably, major cities such as Hyderabad, Bengaluru, Delhi NCR, Mumbai, Chennai, and Pune showcased a commendable performance in this resurgence, a TOI report stated.

353 ha - The first three quarters of 2023 saw strong demand for office space in India, with 38 million square feet of gross absorption across the top six cities. Bengaluru and Delhi NCR led the demand, accounting for half of the total demand. The technology sector continued to drive the demand, with flex spaces, engineering & manufacturing, and BFSI sectors also contributing significantly. The southern cities of Bengaluru, Hyderabad, and Chennai witnesse ..

208 ha - Monaco, Western Europe (2 sqkm)

25 mn sqft - Approximately 25% — 6.4 million square feet (msf) of the total 25.45 msf — of the co-working space in the top eight cities is operated by smaller players with Bengaluru and NCR housing the most companies. There are over 250 co-working players operational in India including WeWork, CoWrks, Awfis, BHIVE and SmartWorks.

186 ha - Bengaluru: The real estate development arm of Tata Group is looking to expand the size of its commercial portfolio to over 20 mn from current ready and fully leased 6.2 million sq. ft. through new developments and acquisitions, a senior official of the company told ET. (Nov'20)

150 ha (16 mn sqft) - In the March quarter 2024, office space transactions in the top eight markets in India reached 16.2 million sq ft, an increase of 43% year-on-year, according to Knight Frank.

100 ha - 1 sqkm

93 ha (10 mn sqft) - By 2029, Aerocity, currently with 15 lakh square feet of leasable space, will expand to over 1 crore square feet. (9 May'24)

58.5 ha - Phase II - 63LSF of GLA. 35 LSF commercial offices and 28 LSF mega mall ETC by Mar'27. When ready existing 5000 hotel rooms in 11 prop will go upto 7000 (+2k new rooms) in 16 hotels (+5 new hotels). Phase III - 40 LSF GLA of commercial offices. Work start in 2025, ETC 2029. Cost for both phases is $2.5 billion.

49 ha (120 acre) - the size of the Naini Tal (also Naini Lake) a natural freshwater body, situated amidst the town of Nainital in Kumaon

44 ha - Vatican City (Rome, Italy) (0.5 sqkm).

41 ha - The Balzac Airport, also known as Tura Airport near Meghalaya, holds the distinction of being India's smallest airport, has only a km long airstrip.

26 ha (2.8 mn sqft) - In 2027, IGIA's Aerocity is set to boast India's largest mall of over 28 lakh sq feet. This expansion, costing $2.5 billion, is a step towards constructing India's initial aerotropolis, which is a city near an airport, expected to grow eightfold in the upcoming five years. (9 May'24)

18.6 ha - DLF Mall of India, NOIDA (20 Lakh SqFt aka LSF) / Lulu Mall, Trivandrum (19 LSF) / Lulu Mall, Kochi (18.5 LSF) / Ambience Mall, Gurgaon (18 LSF) / Phoenix Marketcity, Bluru (14 LSF) / Select City Walk, Delhi (13 LSF)

14 ha - Phase I (existing) 15 LSF gross leasable area (GLA)

13.5 ha - The latest agreement follows three major property deals by Amazon involving the acquisition of more than 1.45 million sq ft in Bengaluru, Gurugram, and Hyderabad.

10 ha (1.1 mn sqft) - Amazon is leasing more than 1.1 million sq ft office space from property developer Sattva Group in North Bengaluru as the US technology giant further expands its operations in the city. (13 Jun'24)

10 ha - Keppel Land to acquire 1 million sqft in Piramal project for over Rs 1200 cr. Keppel Land has signed the term sheet to acquire 1 million sq ft of commercial real estate spread across a total of six entire floors in this multi-tenanted tower. (Aug'22)

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5106 acres - area of the Indira Gandhi International Airport, Palam

3800 acre  - Solar Park with 1200MW capacity

2700 acre - Solar Park with 600MW capacity

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1 lakh acre - 4.4 bn sqft (or 40,470 ha)

440 mn sqft - The total stock of grade-A office space in top seven cities is likely to settle at 440 million sq ft by end of 2015, says an Assocham-JLL joint survey. (Dec'15)

10,000 acre - 433.56 mn sqft

100 mn sqft - MUMBAI: With nearly 70 million sqft of projects under development, realty player Tata Housing Development Company is hoping to reach 100 million mark in FY18, a senior company official said. "We have already delivered around 25 million sqft and nearly 70 million sqft is under various stages of construction across our three segments -- residential, commercial and retail. We will be adding few more projects in the next few months, so we feel that in FY18, our total portfolio will touch 100 million sqft," Tata Housing Head (Marketing) Rajeeb Dash told PTI. (19 Mar'17)

1000 acre - 43.56 mn sqft

 

987 acre - Net office leasing to grow 10-12% to 41-43 million sq ft this fiscal: CRISIL Ratings (28 Aug'24)

930 acre (1500 UP beegha) - land given on (40-year?) lease in 1984, now registered as a lake. Chakbandi is a land consolidation process carried out in the state of Uttar Pradesh, India. Chakbandi is the method through which the cultivation of land is restricted from the partition, and small pieces of land are included together. Chakbandi of land is a land consolidation process that involves the reorganization and redistribution of fragmented land holdings.

The term chakbandi is derived from the Hindi words chak meaning plot and bandi meaning division. Therefore, chakbandi refers to the division and reallocation of land plots. The process involves surveying, demarcating boundaries, and rearranging the land parcels to improve their efficiency and productivity.
In Uttar Pradesh and Uttarakhand, a Lekhpal is a government official who is responsible for maintaining and updating land records. They are responsible for collecting land revenue, updating the revenue records, and maintaining a record of ownership and usage of the land. 

803 acre - DLF to launch 35 mn sqft of new projects in medium term with sales potential of about Rs 40,000 cr. According to the launch calendar, DLF has already launched 2 million square feet till September this year out of planned 35 million sq ft in medium term. During the second half of this fiscal, it is targeting to launch 7.7 million square feet of projects.

600 acre - In November 2022, Adani Properties, the real estate development company owned by Gautam Adani-led Adani Group, had emerged as the highest bidder to bag the rights to redevelop the slum spread over 600 acres in the heart of Mumbai. Dharavi Redevelopment Project Pvt Ltd (DRPPL), a joint venture between the Adani Group and the government of Maharashtra, has announced that eligible residential tenements in Dharavi will get flats with independent kitchens and toilets measuring a minimum 350 sq ft area.

574 acre - With a Grade A supply pipeline of about 23-25 mn sq ft for the year 2024, supply is likely to closely follow demand trends across the top five cities of the country for Industrial and warehousing space demands.

460 acre - Government plans to open about 20 million sqft real estate, attracting investment of Rs 50,000 crore. In Habibganj, the developer will monetise 170,000 sq ft of land while in Gandhi Nagar, a five-star hotel has been built on the railway tracks, which will also be inaugurated shortly. In Habibganj, The developer has 45 years lease rights for 17,245 sq metre of railway land. (Mar'21)

350 acre: The project being built on an area of around 350 acres, has been divided into two phases and total 30,000 flats will be constructed across 833 buildings with ground plus two floors structure.

pm-modi-hands-over-15000-homes-under-largest-affordable-housing-project/

16 mn sqft - The total floor space stock for data centres in 2023 was 16 million sqft in India. "Recognising the potential, we plan to invest over ₹10,000 crore to develop a 307MW data centre across three locations - Manesar, Rai, and Panchkula," said Amit Sarin, managing director, Anant Raj.

273 acre - 70 MW solar power plant est in Banda @ 408 crore in record 18 months. UP govt sponsored 51 acres of land. will gen 400 jobs, employed 70 people so far. It will gen 160 million units of renewable energy annually.

253 acre - During 2023, BFSI occupiers leased more than 11 million square feet in India, marking a whopping 64% annual increase.

250 acre - Each 'Sector' or the neighboured unit, is quite similar to the traditional Indian 'mohalla', Typically, each sectors measures 800 metres by 1200 metres, covering 250 acres of area. Each Sector is surrounded by V-2 or V-3 roads, with no buildings opening on to them.

250 acre: Tata Electronics' iPhone plant in Hosur, Tamil Nadu. (Sep 13, 2022)

247 acre (1 sqkm): 473.42 - India's avg population density is 475 people per/sqkm (2021)

240 acre - Sec 17, Chandigarh

230 acre - 10 mn sqft

227 acre - 99 LSF or 9.9 mn sqft

220 acre (entire project) - Yashobhoomi (lit. "Land of Fame" ) is a convention center located in Sector 25, Dwarka, Delhi, India. It is the largest convention center in India and Asia by area, and one of the biggest MICE facilities in the world. It is a large ballroom that can handle around 2,500 people. It also has an extended open area outside it that can handle another 500 people, thus taking its capacity up to 3,000 people. 18-acre in Phase-1

220 acre - The total green area of the Delhi Golf Club is 179 acres. Two couses were carved out of this area in 1976 when Peter Thomson redesigned the course, giving it a championship course (Lodhi) spread over 140 acres and a short course (Peacock) on the remaining 39 acres. The length of the championship course is 6802 yards. The Delhi Golf Club, a municipal course established in the early 1930s became a corporate entity in February 1950.

200 acre - Almora ID farmlands for agro-tourism in 3 villages (Khunt, Dhamas and Bhakhar)

160 acre - In Q1 2024, India's industrial and warehousing space demand held steady at 7 million sq ft, with a 6% sequential leasing decline due to softened demand. Mumbai and Chennai led with 55% share, driven by 3PL and retail sectors. E-commerce leasing surged 2.3 times, reflecting changing consumption patterns. Supply matched demand with 7 million sq ft added, boosting developer confidence.

150 acre - While most modern 18-hole golf courses occupy as much as 60 hectares (150 acres) of land, the average course has 30 hectares (74 acres) of maintained turf.

130 acre: land with Errichter Infra Pvt Ltd. in Bicholim Goa. 46.5 acre (P1) and 53 acre (P2). 105 acre for residential use in the Sanad.  

123 acre - International Exhibition-cum-Convention Centre (IECC), Pragati Maidan, Delhi

115 acre - 50 LSF or 5 mn sqft

110 acre - Solar Park with 75MW capacity

96 acre - Bharat Mandapam is a Convention center located in Delhi, India. It is one the largest convention centres in India. Featuring a total built-up area of 390,000 sq. metres (96.4 acre), comprising an iconic, world-class meeting hall that can accommodate 7,000 people in a single format, six modern exhibition halls with an exhibition area of 1.5 lakh sq. metres (37 acre). The 2023 G20 New Delhi summit took place at this venue between 9-10 September 2023.

80 acre - 200 Bigha Agricultural/Farm Land For Sale In Amroha for 8 cr (@ 40L/beegha)

69 acre - 3 mn sqft (68.87 acre) Flipkart set to move into 3 million sqft office in biggest ever deal. The deal, at rental of Rs 52 per sqft, is likely to be inked as early as this week. Flipkart plans to absorb the entire office space in two phases, but in a record four to five years. (Oct'14)

65 acre - 65-acre Golf Links Business Park, Bengaluru houses Pinehurst building having rentals @ Rs. 150 per sqft for 10Y lease.

50 acre - Omaxe Group unveils ₹2,500-crore project 'The Omaxe State' in Delhi (South): 50.4-acre multi-sports and cultural destination. (1 Sep 2024)

46 acre - DLF to develop 2 million sqft office space in Gurgaon, said Sriram Khattar, managing director at DLF Rental Busines. (Dec'21)

46 acre - 20 LSF or 2 mn sqft

40 acre - AKGEC

38 acre - Windlass River Valley Harrawala has 41 towers, with 10 floors each and 3160 units on offer.

30 acre - Crossing Republic GH 7, 2050 residential units across 12 towers

27 acre - Delhi Gymkhana Club, spread over 27 acres off Safdarjung Road, it was built by British architect Robert T Russell, who also designed Connaught Place and Teen Murti Bhavan.

26 acre - Realty firm SOBHA reports all time high quarterly sales of 1.13 million sqft at Rs 800 crore (Feb'21)

25.45 acre - 103012 sqm  - Devendra Bharma, CEO, Jio World Centre - Reliance Industries Limited. (4 Mar 2022)

23 acre - DLF to invest Rs 550 cr to construct 1-mn-sqft office building in Chennai for StanChart GBS

In October 2020, DLF had pre-leased 7.7 lakh square feet office space to Standard Chartered Global Business Services (GBS) and the latter has an option to take the remaining area. (Mar'22)

23 acre - 10 LSF or 1 mn sqft

16 acre - ABESEC has total area of 15.78 Acres, while ABESIT has 17 acre

12 acre - Estate 360 Antara by Max Estates, Sec 26A, Gurugram

7.2 LSF - Reliance Industries Ltd to go slow on 720,000-sq-ft Alaknanda mall following strong protests

RIL has decided to go slow on its plans of constructing a gigantic 720,000 sq ft mall in a residential colony in south Delhi, following protests. (Aug'13)

11.5 acre - 5LSF

9.2 acre - Colliers bags $10 million project from Infibeam Avenues to construct AI extension hub in Ahmedabad. Spread across 400,000 sq.ft., the AI and technology hub will have a symbiotic framework to facilitate higher synergy within the ecosystem. Tech companies can access a comprehensive system that enables collaboration and innovation.

9.2 acre - Vaishnavi Group leases over 4 lakh sqft. office space to Navi Technologies in Bengaluru

9 acre - India Habitat Centre, Delhi. Spread over an area of nine acres the IHC campus has been designed and built by Joseph Stein, Doshi and Bhalla who have created an island of architectural excellence in the busy metropolis of India's capital, Delhi.

4.8 acre - India International Centre (IIC), Delhi. Pandit Jawaharlal Nehru, then Prime Minister of India, was so enthused by the idea that he personally took interest in the selection of the beautiful 4.76 acre site adjacent to Lodi Gardens, on which the present complex stands.

3.2 acre - IDFC FIRST Bank has leased over 1.4 lakh sqft of office space in Koramangala, Bangalore, to expand and consolidate its operation in the city. The newly leased property has a total lease tenure of 9 years and commands a rental of Rs 135 per sqft, mentioned a registered lease document. Last year, IDFC FIRST Bank first sold 68,000 sqft office space in Mumbai's Bandra-Kurla Complex (BKC) for approximately Rs 198 crore.

2.3 acre (1 LSF) - Flipspaces delivers Bharat Financial Inclusion Limited’s new office in H'bad spanning 1 lakh sq.ft in record time (Apr'24)

2 acre = 87,120 sqft

1.8 acre - Suhana Khan made her film debut with The Archies. Shah Rukh Khan's daughter has also amde her debut land purchase by owning the Alibaug farm land for ₹9.5 crore, She has paid a stamp duty of ₹57 lakh for the transaction. The size of the parcel located in village Thal in Raigad, Alibaug is 78361 sq ft, the documents showed.23 Feb 2024

1.2 acre - 52075 sqft - total area of project land of Windlass River Valley Phase 3B

1.2 acre - Deutsche Telekom Digital Labs has leased 51000 sq ft office space from WeWork in the Gurugram.

1.15 acre - Mesa School of Business leases 50,000 sqft space in the WeWork India

1 acre = 43,560 sqft

0.9 acre - The Rajiv Chowk metro station is an interchange station between the Blue and the Yellow Line of the Delhi Metro. It is the second busiest station on the network as of October 2023, with a daily ridership of around 216,000 people, and has an area of about 39,503 square feet (3,669.9 m2).

0.5 acre - 315Work Avenue leases 22,000 sqft office space to MoEngage

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3,670 sqm - Area of Rajiv Chowk metro station

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22,000 sqft - 0.5 acre

16,000 sqft - Nita Ambani Cultural Space A Work Of Art With 16K Sq-Ft Display Area

15,000 sqft - WeWork sets up 15,000-sq-ft coworking hub at Express Tower in Mumbai’s Nariman Point

14,850 sqft - Post announcing her plan to construct a permanent residence in Amethi in 2019, Irani purchased 11 biswa (1,650 sq yard or 14850 sqft) land in the village of Mawai in Gauriganj Tehsil in 2021 and built a luxurious house, where she has now performed the Griha Pravesh ceremony recently.

10,000 sqft - 1111 sqyd.

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9000 sqft - 1000 sqyd.

8100 sqft - 900 sqyd.

7285 sqft - First extension of Ram Janmabhoomi premises; trust purchases 7,285-sq.ft land for Rs 1 crore @ 1373 per sqft

7200 sqft - 800 sqyd.

7000 sqft - 5 BHK (big) in Windlass River Valley, Harrawala, Dehradun

7000 sqft - ITC Hotels signs management agreement with Dangayach Group for Storii property in Jaisalmer, Rajasthan. Storii by ITC Hotels, Jaisalmer, a 119-key resort on Jodhpur-Jaisalmer Road, offers plush interiors reflecting cultural significance. The resort will feature a restaurant, bar, and approximately 7000 sqft of banquet and meeting space. (May'24)

6300 sqft - 700 sqyd.

6000 sqft - Gauri Khan to design high-end 6000 sqft apartment (Apr'12)

5416 sqft - The bungalow, 372 Nirmal Bhavan, boasts an expansive total built-up area of 5,416 square feet, spanning across the ground floor and two additional levels. Notably, the actor has acquired this property through a transaction involving a total of 10 sellers, all of whom are members of the same family. The buyer has paid stamp duty of nearly Rs 4.25 crore for the registration of the deal that was concluded and registered on December 27, showed the documents accessed through IndexTap.com.

5400 sqft - 600 sqyd.

5382 sqft - Projects with land areas not exceeding 500 square meters or apartments not exceeding eight do not require RERA registration.

4600 sqft - 4 BHK (big) in Windlass River Valley, Harrawala, Dehradun

4550 sqft - 5 BHK (small) in Windlass River Valley, Harrawala, Dehradun

4500 sqft - 500 sqyd.

1918 sqft - 4 BHK (small) in Windlass River Valley, Harrawala, Dehradun 

3700 sqft - 4 BHK in Godrej Vrikshya, Sec 103, Gurgaon

3600 sqft - Chandigarh house - 2 plots x 1800 sqft each

3600 sqft - 400 sqyd.

2700 sqft - 300 sqyd.

2500 sqft - 3 BHK in Godrej Vrikshya, Sec 103, Gurgaon (₹5.25 cr, Aug'24)

2500 sqft - the sand art, about 800 bags of sand were used within 2,500 sqft area to create 100 chariots.

2300 sqft - In 2023, the average size of apartments in Hyderabad was 2,300 square feet (sft), surpassing the National Capital Region (NCR) which stood at 1,890 sft. On the other hand, Mumbai Metropolitan Area (MMR) and Kolkata experienced a decline in flat sizes by 5% and 2% respectively, as stated in the report.

2250 sqft -  Chandigarh house (4BHK) - 2 plots x 1150 sqft eachThe UPEIDA had expressed its requirements last year, offering a 10-year lease for a 2,000 sqft space along the Agra-Lucknow, Bundelkhand, Purvanchal, and Gorakhpur Link expressways.

1851 sqft (172 sqm) - 'One Goa gold' villa land @ 91.39L (all incl.) by HOABL at Bicholim, Goa

1800 sqft - 4-5 BHK in Chandigarh (₹3.8 - ₹4.5 cr Aug'24)

1800 sqft - 200 sqyd.

1725 sqft - 3 BHK in GH7 by Crossing Infrastructure Pvt. Ltd. 

1539 sqft (143 sqm) - 5-star standard 'One Goa gold' villa land @ 75.99L (all incl.) by HOABL at Bicholim, Goa, part of 130+ acre development. Promoter: Errichter Infra Pvt Ltd. One Goa P1 (PRGO05242232) area 188129 (sqm) or 20.25 LSF

1310 sqft - 2 BHK in Wave City, NH 24 by Wave Infratech

1270 sqft - 2 BHK in GH7 by Crossing Infrastructure Pvt. Ltd.

1125 sqft -  Chandigarh house (4BHK)

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900 sqft - 100 sqyd.

700 sqft - 1 BHK (big) in Windlass River Valley, Harrawala, Dehradun

625 sqft - 1 BHK in Shouryapuram

535 sqft - 1 BHK (small) / 1RK Studio Apartment (big) in Windlass River Valley, Harrawala, Dehradun

500 sqft - Godrej & Boyce builds 500-sq-ft office in 40 hours with 3D construction printing technology

This structure, ‘The Cocoon' was built by Godrej Construction in the form of prefabricated modules, using innovative 3D Construction Printing (3DCP) technology. (Dec'23)

450 sqft - 50 sqyd.

435 sqft - 1RK Studio Apartment (small) in Windlass River Valley, Harrawala, Dehradun

350 sqft - Dharavi will get flats with independent kitchens and toilets measuring a minimum 350 sq ft area. Earlier, dwellers of informal settlements in Maharashtra were given houses measuring 269 sq ft. Since 2018, the state government started giving them homes measuring between 315 sq ft and 322 sq ft, in line with the minimum area mandated under the Pradhan Mantri Awas Yojana for houses for the urban poor.

200 sqft - 2 tonne AC

150 sqft - 3 start 1.5 Tonne AC Suitable for Room Size: Medium sized rooms (111 to 150 sq ft)

60 sqm - The hotel includes eight 60 square meter suites which are equipped with amenities including a flat screen television, a work desk and high-speed internet access. dedicated wedding studio including a 7300sqft pillar less ballroom suitable for meetings, conferences, weddings and social events. courtyard-by-marriott-opens-a-new-property-in-gorakhpur

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Connaught Place was the ninth most expensive office location in the world with an annual rent of $1,650 per square metre ($153/sq ft).

A 3-BHK apartment with an approximate area of 1,371 sqft was recently transacted for Rs 2.65 crore on 5th Road, Matunga. (Jul'11)

A Bangalore record: Ultra luxurious flat goes for Rs 33,000 per sqft

The IT City’s residential real estate price has touched a new peak: Rs 33,000 per  (Apr'12)

At 1.5 lakh/sqft, Borivali property sells for record price

In what could easily be the most expensive land deal in the metropolis, a building in suburban Borivali (West) was sold for a whopping 1.5-lakh per square feet for commercial purpose . (Sep'10)

Apco Infratech has purchased a sea-view luxury triplex apartment in a residential project in Mumbai's Bandra suburb for Rs 155 crore. The deal, valued at Rs 1.62 lakh per sq ft, is one of the costliest residential transactions in the country. The apartment is part of the top three floors of the upcoming 11-storey residential tower The Legend. The deal was confirmed by Ashar Group, the project developer.

​The property, a 13,138 sqft bungalow in the Khar area, has been snapped up for around Rs 75 crore and has the potential for redevelopment.

Since its inception in 2016-17, Zudio has seen considerable expansion, and its success has been aided by an exclusive design portfolio and a low gross margin of 35-40%. This enables the company to achieve a high store productivity with a revenue per sq foot of ₹16,300, which is twice the industry average.

In the most expensive real estate deal in Bangalore, Ajit Isaac - the Managing Director of Quess Corp - has purchased a 10,000 square feet plot in Koramangala 3rd block, also referred to as billionaire street, for Rs 67.5 Crore.

This amounts to a per square feet price of Rs 70,300, setting a new benchmark for the Bangalore property market. The last deal closed in this locality was clinched at around Rs 68,000 per sqft by TVS motor (Apr'24)

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Length - Width, Breadth, Distance, Perimeter, Circumference etc. | kms...

-----------------------------------------------------------------------------------------------------------------------------

15,000 km - India has a land frontier of 15,106.7 km (9,387 mi) 

10,000km - 6214 miles

8050 km = 5000 miles

8000 km = 

7500km - length of African continent, almost equal is breadth

7500 km - India has a coastline (incl island area) of 7,516.6 km (4,671 mi). Gujarat has the largest share (23%) in India’s coastline, followed by Andhra Pradesh and Tamil Nadu.

6000 km - India has a (mainland) coastline of 6,100 km. India's coastline extends to Nine states (Gujarat, Maharashtra, Goa, Karnataka, Kerala, Tamil Nadu, Andhra Pradesh, Odisha, and West Bengal) and four Union Territories (Puducherry, Lakshadweep, Daman & Diu, and Andaman & Nicobar Islands).

6500km - breadth of Russia.

6000km - sea distance between African continent (Somalia) and Indonesia

5000 km = 3106 miles

4989km = The most common distances are 50 kilometres (31.07 mi), 50 miles (80.47 km), 100 kilometres (62.14 mi), 100 miles (160.93 km), and continue up to the longest certified race distance of 

4500km - breadth of China.

3100 miles. Timed events range from 6, 12, and 24 hours to 3, 6, and 10 days (known as Multiday races).

4100km - Bangladesh has the longest boundary with India. The length of the border is 4,096.7 Km. It is the fifth-longest land border in the world.

3850km - sea distance between San Francisco and Hawaii Islands.

3488km - total length of Indo-China border (Laddakh to Arunanchal Pradesh)

3323km - total length of Indo-Pak border (Gujarat to Laddakh)

3220 km = 2000 miles

3214 km - India measures 3,214 km (1,997 mi) from north (Indira col) to south (Indira point) 

2933 km - India measures 3,214 km (1,997 mi) from east (Kibithoo, Minutang, Arunanchal Pradesh) to west (Sir Creek, Gujarat - uninhabited).

2640km - The Durand Line aka the Afghanistan–Pakistan border, is a 2,640-kilometre (1,640 mi) international border between Afghanistan and Pakistan in South Asia. The western end runs to the border with Iran and the eastern end to the border with China.

2525 km - length of the river Ganges.

1800km - Grand Canal, series of waterways in eastern and northern China that link Hangzhou in Zhejiang province with Beijing. Some 1,800 km (1,100 miles) in length, it is the world's longest constructed waterway, though, strictly speaking, not all of it is a canal.

1750km - total length of Indo-Nepal border, controlled by the SSB forces. (1816 Sigauli treaty)

1750 km - aerial distance between Delhi and Banglore.

1650km - sea distance between Chennai and Andaman (Indira Point).

1645km - total length of Indo-Myanmar border 

1610 km = 1000 miles

1500 km - aerial distance between Delhi and Goa.

1400km - 1417km combined coastline of Lakshadweep islands and Andaman & Nicobar islands.  

1150km - McMahon Line? The boundary extends for 550 miles (890 km) covering parts from Bhutan in the west to 160 miles (260 km) east i.e the Brahmaputra River. It largely covers the crest of the Himalayas.

1000km = 621 miles

950km - length of UK, Italy is little higher with 980km    

800km =  

740km - length of Indo-Pak Line of Control (740-776kms)

650km - The Indira Gandhi Canal is the world's largest irrigation project and the country's longest canal. The Indira Gandhi Canal is 649 kilometres long and is made up of two sections: the Rajasthan feeder canal and the Rajasthan main canal.

600km - sea distance between Andaman and Myanmar.

500km =  

500km - sea distance between Andaman (Indira Point) and Thailand (Phuket/Krabi).

445km - perimeter of a geographical grid (lat/long) on equator where each side measures ~111km.

400km - aerial distance between Mumbai and Goa.

370km - The territorial jurisdiction extends to territorial water up to 12 nautical miles from the nearest point of the baseline; beyond territorial waters is the Contiguous Zone extending up to 24 nautical miles; and beyond that up to 200 nautical miles is the Exclusive Economic Zone of India and beyond that is the International waters / continental shelf / outside Territorial-sea.

200km - aerial distance between Moradabad and Trisul group of mountains.

190km - sea distance between Andaman (Indira Point) and Indonesia (Melingge Island).

162 km - Length of Suez Canal (originally 193km), it is 205 m wide and 20 m deep. The current length of the Suez Canal is just over 162 kilometers, and the depth on the fairway is 22.5 meters.

161km - The ultra-marathon of 100 miles.

125km - aerial distance between Haldwani and Mt. Trisul

111km - One degree of latitude/longitude equals approximately 364,000 feet (69 miles), one minute equals 6,068 feet (1.15 miles), and one-second equals 101 feet.

110km - The Actual Ground Position Line (AGPL) divides current positions of Indian and Pakistani military posts and troops across the entire 110 kilometres (68 mi) long front line in the disputed region of Siachen Glacier.

110km - aerial distance between Dehradun and Kedarnath

106km - The state's Ministry of Home Affairs also recognizes a 106 kilometres (66 mi) land border with a seventh nation, Afghanistan, as part of its claim on the Kashmir region; however, this is disputed and the region bordering Afghanistan has been administered by Pakistan as part of Gilgit-Baltistan since 1947 

100 km = 62 miles

100km - The 100K ultra-marathon of 62 miles.

100km - aerial distance between Lipulekh Pass (Indo-China-Nepal trijunction) and Mt Kailash, Mansarovar lake is less than 50km far.

82km - Length of Panama Canal, it is 150m wide and 12m deep.

80km - The ultra-marathon of 50 miles.

75km - sea distance between Pak Nam, Mueang Chumphon District and Ko Tao, Thailand.

50km - aerial distance between Haldwani and Ranikhet

50km - The shortest ultra-marathon of 31.07 miles.

42km - The marathon (from Greek Μαραθώνιος) is a long-distance foot race with a distance of 42.195 km ( c. 26 mi 385 yd), usually run as a road race, but the distance can be covered on trail routes. 

22km - The territorial jurisdiction extends to territorial water up to 12 nautical miles (22.224 km) from the nearest point of the baseline; beyond territorial waters is the Contiguous Zone extending up to 24 nautical miles; and beyond that up to 200 nautical miles (370.4 km) is the Exclusive Economic Zone of India and beyond that is the International waters / continental shelf / outside Territorial-sea.

21km - A half marathon is a road running event of 21.0975 kilometres (13 miles 192.5 yards)—half the distance of a marathon.

10km = 6.21 miles, or 5.4 nautical miles

8km = 5 miles

7km - the then Gp. Capt. Abhinandan Varthaman was shot down inside Pakistani territory 7 km (4.3 miles) from LOC

5km = 3.1 miles

3.8km - The shot by The Ukrainian Sniper, Vyacheslav Kovalskiy, a 58-year-old ex-businessman spanning 12,468 feet, covered a distance greater than that of two Brooklyn Bridges in approximately 9 seconds (@ 1545 kmph). Meet Who Broke World Record After Killing Russian Soldier From 3.8 Km Away. Kovalskiy and Ukraine say the shot set a new sniping distance record, breaking the previously acknowledged mark by more than 850 feet.

3.5km - used for freight, Super Vasuki is India's longest train, stretching 3.5 km with 295 wagons.

3km - Connaught Place to Gurdwara Bangla Sahib

2.7km - Connaught Place outer circle.

2km - Connaught Place (New Delhi) is a large circle with a circumference of 2 KM (inner-circle).

1.8km - 1850 meter - 6068 feet - 1 geographical minute

1.5km - 1507 meter - Hubbali junction, 1507 m long platform that has been built at a cost of about INR 20 crore, and is a part of remodelling of the Hubballi yard (13 Mar 2023) 

1.3km - "For conventional sniping, there are so many variables that are hard to quantify, so the reality is anything over about 1,300 meters [about 4,265 feet] can be more luck than skill," said Steve Walsh, a former US Marines sniper instructor.

1000m = 1km 

1km: The impact of an object much larger than 1 km diameter could well result in worldwide damage up to, and potentially including, extinction of the human species.

715m - Clear Standing Room (CSR) at existing railway stations of Indian Railways is 686 meter and for future Installations it is recommended to be 715 meter.

650m - The average length of a Railway Platform in India is 650 meters. 

600m - 24-coach trains are standard for most popular long distance services, which translates to approximately 600 meters per train. 

527m - length of the asphalt runway / airstrip in Lukla, one of the shortest commercial runways in the world. (constructed in 1964)

500m - 0.5 kilometer or half-a-km

460m - The biggest ship in the world by gross tonnage is the crane vessel Pioneering Spirit at a staggering 403,342 GT. The ship was launched in 2013 and is used in the installation of oil platforms at sea. The largest ship in the world by length is the oil tanker Seawise Giant at 1,504 feet (458.46 meters).

284m - INS Vikramaditya design and features, longest Indian warship. It has an overall length of 284m, a maximum beam of 60m, the height of approximately 60m and a displacement of 44,500t. The warship has 22 decks and 2,500 compartments, of which 1,750 were completely re-built. It can carry more than 1,600 personnel, including crew.

91m -  Since the runway length on an aircraft carrier is only about 300 feet, compared to the 2,300 feet (700m) needed for normal aircraft to take off from a runway, engineers have created steam-powered catapults on the decks of carriers that are capable of launching aircrafts from 0 to 150 knots (170 miles per hour) in just 2 seconds.

30m - 101 feet - 1 geographical second.

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