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News in numbers - July 29

970
Two fast moving consumer goods companies- ITC and Hindustan Lever- accounted for nearly a third of the 18% increase in Bombay Stock Exchange's Sensex in the last one-year. Measured in terms of index points, the two FMCG firms contributed 970 points to the total increase of around 3000 points. FMCG stocks are traditionally considered as counter-cyclical stocks- that is they perform relatively better even when overall economy is not doing well. Foreign institutional investors (FIIs) have increased their shareholding in these two stocks. 

14 million
That's the number of alcohol dependent drinkers who need 'help'. Though alcohol consuming group in India is lowest among- 21% of adult man and 2% of woman- but a fifth among them are alcohol dependent. This paper says that nearly 2% of all deaths are due to alcohol use, and more than 90% of such deaths are less than 60 years of age. 

19.6 million
Number of active credit cards increased by 2.6 million in the last one year to 19.6 million by May 2013. The average spend per card too increased from Rs 5,262 in 2012 to Rs 6,424 in 2013. HDFC Bank leads the race with 6.5 million active credit cards and accounting for Rs 3,727 crore worth of transactions. The penetration rate is 1.63%. But if one considers per household (assuming a family size of 5), the penetration rate is 8.16%. 

24,000 MW
Due to lack of promised supply of gas from domestic fields, gas-powered power plants with 24,000 MW of capacity is idle. This comes at a time when India experienced 4.1% (3,378 million units) power deficit in June 2013. 

87
Despite a government order prohibiting ministers employing an official as personal staff for more than 10 years, 87 officials continued to serve for more than a decade. Six officials are officers on special duty, three private secretaries, 29 additional private secretaries and 24 assistant private secretaries. 

 

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