Ranks and Reports
· Centre for World University Rankings 2021-22 has announced, 19,788 institutions were ranked, and those that placed at the top made the global 2000 list. Harvard University has topped the ranking globally followed by Massachusetts Institute of Technology, Stanford University, University of Cambridge, and Oxford University respectively. The Indian pack is led by the IIM-Ahmedabad which has bagged 415th rank followed by the Indian Institute of Science (IISc) at 459th rank.
· Wipro has touched Rs 3 trillion in market capitalisation for the first time, becoming the third Indian IT firm to achieve the milestone after Tata Consultancy Services and Infosys. The company won its largest deal ever from German retailer Metro and has seen deal wins of $7.1 billion. India has a total of 13 listed firms that have crossed the Rs 3 trillion m-cap. Wipro now ranks 14th.
· In Hockey, the Indian men’s team maintained their fourth position while the women’s team held to the ninth position in the latest International Hockey Federation world rankings. Despite missing the European leg of the FIH Hockey Pro- League series in Great Britain, Spain and Germany in April and May, the Indian men’s team maintained its fourth spot.
· India’s rank has slipped by two places from last year to 117 on the 17 Sustainable Development Goals (SDGs) adopted as a part of the 2030 agenda by 193 United Nations member states in 2015. India ranks below four South Asian countries: Bhutan, Nepal, Sri Lanka and Bangladesh.
· Times Higher Education Asia university rankings 2021, three Indian universities secured positions in the top 100 list. IISc Bangalore, IIT Ropar and IIT Indore have secured ranks among the top 100 universities in Asia. Like last year, not a single Indian varsity made it to the elite top 10. IISc Bangalore ranked at 37th position. IIT Ropar is placed at 55th rank and IIT Indore at 78th rank among the top 100 universities. Tsinghua University, China has gained the first position in the Asia university rankings 2021.
· Punjab, which has improved its showing from the 13th position it attained in 2018-19, topped the charts this time among all the states and union territories with a score of 929 out of 1,000, followed by Chandigarh (912) and Tamil Nadu (906).
· The London-based Quacquarelli Symonds (QS) has released the QS World University Rankings 2022 which compares and ranks Universities from across the globe on various parameters. Eight Indian universities have found a place among the best 400 global universities in the QS World University Rankings 2022, released on June 09, 2021. However, only three Universities namely the Indian Institute of Technology (IIT) Bombay, IIT-Delhi, and IISc Bangalore feature among the top 200. Massachusetts Institute of Technology (MIT) has topped the ranking for the 10th years in a row.
· The US traders have benefited the most in Bitcoin Investment Gain in 2020, with a profit of $4.1 billion, according to the latest report by Chainalysis, a blockchain analysis company based in Manhattan, New York. Chinese traders stood second, with a profit of $1.1 billion. India has been ranked at 18th spot with a profit of $241 million, among the top 25 countries, in Bitcoin investment gains 2020.
· All India Survey on Higher Education (AISHE) 2019-20 report has been released by Union Education Minister Ramesh Pokhriyal ‘Nishank’. As per AISHE in the last five years (2015-16 to 2019-20), student enrolment has grown by 11.4%. As per AISHE, female enrolment in Higher Education has increased by 18.2% from 2015-16 to 2019-20. AISHE 2019-20 is the 10 in the series of All India Survey on Higher Education. Department of Higher Education releases it annually.
· India has moved down 12 spots in the global home price index to 55th rank in Q1 2021 against 43rd rank in Q1 2020, with a decline of 1.6 per cent year-on-year (YoY) in home prices, Knight Frank, in its latest research report “Global House Price Index” – Q1 2021. Turkey continues to lead the annual rankings with prices up by 32 per cent YoY, followed by New Zealand.
· India has been ranked at 14th spot among 114 countries in the World Giving Index 2021, by the Charities Aid Foundation (CAF). This rank is up from its 10-year global rank of 82. The World Giving Index ranking has been topped by Indonesia, followed by Kenya, Nigeria, Myanmar and Australia in the top five respectively.
· The Reserve Bank of India (RBI) was second in terms of reserves transferred to the government as a percentage of gross domestic product (GDP) for the fiscal year 2020-21. Turkey has been ranked first. RBI has transferred Rs 99,122-crore surplus to the government for FY21 which is 73% higher than the Rs 57,128 crore paid out in 2019-20. The surplus transferred by RBI constitutes 0.44% of GDP, while that of the Central Bank of the Republic of Turkey constitutes 0.5% of GDP.
· India maintained 43rd rank on an annual World Competitiveness Index compiled by the Institute for Management Development (IMD) that examined the impact of COVID-19 on economies around the world this year. Rank 1: Switzerland, Rank 2: Sweden, Rank 3: Denmark.
· Bahrain has topped the globally-recognized AIRINC Global 150 Cities Index financial attractiveness ranking for the third straight year. The rankings evaluate the salary levels, cost of living, and taxes in a particular market in order to create an overall score for financial attractiveness.
· Bengaluru has been named as the most liveable city of India, in the Ease of Living Index 2020, released by the Centre for Science and Environment (CSE). The Ease of Living Index 2020 is part of the report titled State of India’s Environment 2021. Bengaluru is followed by Chennai, Shimla, Bhubaneshwar, and Mumbai, as the top five best cities respectively.
· According to the 6th Edition of ‘Sustainable Development Report 2021 (SDR 2021)’ released by Sustainable Development Solutions Network (SDSN), India with a score of 60.1 has been placed at 120th rank out of 165 countries. Finland topped the Index followed by Sweden & Denmark.
· According to ‘Annual Bank Statistics of 2020’ released by Swiss National Bank (SNB), the Central Bank of Switzerland. India with Swiss Francs (CHF) 2.55 billion (INR 20,706 Crore) has been placed at 51st place in the list of foreign clients’ money in Swiss Banks during 2020. The United Kingdom (UK) topped the list with CHF 377 billion, followed by the US (152 billion). India was ahead of countries like New Zealand, Norway, Sweden, Denmark, Hungary, Mauritius, Pakistan, Bangladesh and Sri Lanka in terms of foreign clients’ money in Swiss banks.
· Bengaluru has emerged as the top five technology centres in the APAC region while Hyderabad is ranked in the Top 10 list, a report by Colliers titled ‘Growth Engines of Innovation: How Asia Pacific Technology Hubs are Reshaping Regional Real Estate’. The report ranks the most attractive technology submarkets within major APAC cities, which should serve as a navigation tool for technology groups, as they plan their expansion.
· Jamsetji Nusserwanji Tata, Indian pioneer industrialist and founder of the Tata Group, has topped the inaugural, EdelGive Hurun Philanthropists of the Century list, which ranks the world’s 50 most generous individuals in the last century. As per the report, the total donations made by Mumbai-based Jamsetji Tata is estimated at US$102.4 billion. He is the only Indian among the top 10 list, compiled by Hurun Research and EdelGive Foundation.
· Ashgabat, the capital of Turkmenistan in Central Asia, has been named the world’s most expensive city for foreign workers. Mumbai remains India’s most expensive city at 78th rank but has dropped 18 places in this year’s ranking “due to a relatively weak Indian rupee in comparison with other cities in the ranking.”