SBI Balance sheet at Rs 70 lakh cr, HDFC bank at Rs 40 lakh cr
Combined - Rs 110 lakh cr or 1.23 Trillion $ - Balance sheet of India's largest private and PSU bank
Together, they power the Credit growth in India -
36-38% of India's deposits are held with these two banks.
Mobile call rates have fallen to around 0.03 paise a minute, from 50 paise a minute 10 years ago. And data cost has seen a steep fall to ₹9 per GB, from ₹287 per GB 10 years ago. Against the average global data cost of $2.49 per GB, India’s is 11 cents ($0.11). Advantage India
About half of the nuclear power stations under construction worldwide are in China. Last year the country installed 79 gigawatts (gw) of wind power on top of an existing 440gw (for comparison, the entire power capacity of Britain, from all forms of generation, is about 100gw)
For Uber riders, 2024 was a whirlwind year, with Indians covering a whopping 9.2 billion kilometers. To put into perspective, this would take someone driving at a constant speed of 120 km/h, 8,752 years to complete, the mobility solutions platform shared in its annual report
India witnessed a huge rise in the sale of luxury cars with over 6 vehicles priced above Rs 50 lakh sold every hour in 24. This marks a sharp increase from just 2 cars sold per hour 5 years ago.
Despite these gains, luxury cars account for just over 1 % of the Indian auto mkt.
Some of their first products
Nokia: Toilet paper
Sony: Electric rice cookers
Samsung: Dried fish
Lego: Toy ducks
Colgate: Candles
LG: Face cream
Nintendo: Playing cards
Tiffany & Co: Stationery
Toyota: Looms
Hasbro: Textiles
IKEA: Pens
Wrigley: Soap
Avon: Books
DuPont: Gunpowder
*A new record...*
On Sunday, Indian aviation reached a historic milestone, surpassing 500,000 domestic passengers in a single day for the first time, with 505,412 passengers on 3,173 flights. This achievement follows several record-breaking days earlier in November.
Dropping population growth is rather sharp with Gen Alpha. Broken down by region the demographics can be interesting.
By the way, which category do you belong to...😉
A very interesting chart. Check the bottom to understand how US dollar has lost value over decades. Simultaneously, INR vs Dollar has lost value too. Equities and Gold can only help us keeping our purchasing power intact.
Indian companies are generating more cash than ever.
The net cash flow from India's listed firms’ operations hit a new high of Rs 11.1 trillion in financial year 2023-24, crossing the Rs 10-trillion mark for the first time ever.
Amul shares its AAA+ brand strength rating with Hershey’s, though it's brand value dip to $3.9 billion, placing it second after leading last year. Amul dominates India’s dairy market with nearly 75 % of the milk market, 85 % of the butter market, and 66 % of the cheese market...
Djokovic-Alcaraz Wimby Final will be the most expensive finals in SPORTS HISTORY aam.
CHEAPEST SEAT priced at $10,600.
Total Centre Court Seats = 14979
Min. Revenue if CC gets full:
$10000 x 14979 = $158777400
Rev in $: $159 Million
Rev in ₹: 1328 Crores
In 4 hours. Insane !