Ranks and Reports
· India’s richest man Mukesh Ambani, the chairman and Managing Director of Reliance Industries Limited (RIL) dropped down to 12th spot in the Bloomberg Billionaires Index 2021 (as on 2nd January 2021). The net worth of Ambani dropped from 90 billion USD (around Rs. 6.62 lakh crore) (in early 2020) to 76.7 billion USD (around Rs. 5.6 lakh crore). Zhong Shanshan, referred to as “Lone Wolf”, has replaced Ambani as Asia’s richest person, he is one of the fastest in the history to achieve the feat. Zhong Shanshan is Chinese billionaire whose net worth is 78.2 billion USD, which is attributed to the listing of Beijing Wantai Biological Pharmacy Enterprises Co and Nongu Spring Co, a bottled water firm.
· According to the Bloomberg Billionaires Index, Tesla CEO Elon Musk overtakes Amazon’s Jeff Bezos to become the world’s richest person. Elon Musk had a net worth of more than $188.5 billion.
· Rapidly digitalising India was ranked 4th in “Break Out Economies” in the third edition of the Digital Evolution Scorecard developed by Tufts University’s Fletcher School in partnership with Mastercard. China which leads the countries in the “Break Out Economies” group is more evolved digitally due mainly to its combination of rapidly growing demand and innovation. Third rank Indonesia, and India, which ranks number four in momentum, have displayed increasing digital momentum suggesting the potential to rapidly digitalise for both post-COVID economic recovery and longer-term transformation.
· The World Economic Forum (WEF) has released the Global Risks Report 2021, 16th Edition. The findings of the report are based on the Global Risks Perception Survey (GRPS) undertaken by over 650 members of WEF’s diverse leadership communities. The Report is prepared with Strategic Partners, Marsh McLennan in Partnership with SK Group and Zurich Insurance Group. The report is being released before WEF’s upcoming virtual Davos Agenda scheduled to be held between January 25-29, 2021. The main objective behind the publishing of the report is to enable better preparation by Government & other International Communities during the times of crisis.
· China was the largest recipient of foreign direct investment (FDI) in 2020, according to a report released by the United Nations Conference on Trade and Development (UNCTAD). China overtook the United States to gain the top position in 2020. The country attracted $163 billion inflows in 2020, compared to $134 billion attracted by the United States.
· Tata Consultancy Services (TCS) has been ranked third most-valued IT services brand globally, after Accenture and IBM, according to a report by Brand Finance. Third-ranked TCS is rapidly closing the gap with IBM following a healthy 11% brand value increase to USD 15 billion. Accenture retained the title of world’s most valuable and strongest IT services brand with record brand value of USD 26 billion, while IBM continued at the second place with a brand value of USD 16.1 billion.
· India has been ranked 86th among 180 countries in the Corruption Perception Index (CPI) 2020, released by Transparency International. This year, India’s rank has slipped six places compared to 2019, when it was ranked at 80th spot. Top Country: New Zealand and Denmark have jointly secured the first position with scores of 88. Lowest Country: Somalia and South Sudan rank lowest at 179th position with scores of 12.
· India has been ranked at 86th position among 98 countries in the new Coronavirus Performance Index released by Australia-based Lowy Institute. Countries were ranked based on the publicly available and comparable data on Covid-19 response. New Zealand, Vietnam and Taiwan are the top three countries respectively in the index. Brazil was ranked at the bottom of the list for worst handling of the pandemic than any other country. China was excluded from the list due to lack of publicly available data.
· Billionaire Mukesh Ambani’s four-year-old telecom venture Reliance Jio has been ranked the fifth strongest brand globally behind the likes of Ferrari and Coca-Cola.
· India ranked 10th out of 11 Asia Pacific countries in a newly-launched health index to measure the progress towards personalised healthcare. Singapore(1st), Taiwan (2nd), Japan (3rd) and Australia (4th) also performed well in overall readiness. These include Policy Context, Health Information, Personalised Technologies and Health Services.