In charts: Ten things that make India the best bet among Asian economies
The International Monetary Fund (IMF) and Nomura, a global investment bank, expect the world's largest democracy to witness a 7% growth in gross domestic product (GDP) in 2024, which would be tough to ignore for global investors looking for investment opportunities in Asia. Capital investments are now 30% of India's GDP, the highest in the last nine years, after a three percentage point increase in the two years ending March 2024. The debt-to-equity ratio, which shows companies' leverage, is at a 15-year low for large listed companies. Even now, the debt-to-equity levels are at 0.5 times, leaving room for these companies to take on more risk. Not only is government spending on roads, highways, and other social infrastructure increasing, but even private companies have started making significant investments. Capital-intensive companies like NTPC, Power Grid, Hindalco, Bharat Petroleum Corporation, and Tata Power — part of India's top 500 listed companies — stepped up capital investments by 17% in the financial year ending March 2024 and 23% a year earlier. Corporate earnings may grow at a compounded annual rate of 10% to 15% for three years, including the current one. Image: Shutterstock. 31% of India's population now classifies as middle class, earning between ₹5 lakh and ₹30 lakh a year. This pool of consumers is expected to be 38% of India's population by 2031. By 2047, 60% of India's 263 million households will be middle class. The more affluent segment of the society, people earning more than ₹30 lakh a year, is growing even faster. The People Research on India’s Consumer Economy estimates that the number of super-rich households earning over ₹2 crore a year increased to 1.8 million in 2021 from 1.06 million in 2015-16. By 2031, 35 million people will be earning in this category, and the number is expected to hit 100 million by 2046. Such a boom in affluence will lead to a sharp rise in discretionary consumption, such as cars, jewellery, gadgets, and travel, to name a few categories. Rising income levels will lead to a rise in savings, some of which will be invested in equity markets by small investors. Share market investments have gone up from 2.2% of household savings allocation in 2010 to 4.7% in March 2023. The penetration of demat accounts has increased from 2.9% before the pandemic to over 8% at the end of March 2023, leaving a massive headroom for growth. The India growth story is too good and yet true. However, there may be some party poopers to watch out for. Take high commodity prices like crude oil as an example. As a net importer—India imports over 80% of all the crude oil it needs—a price rise may dampen the country's economic prospects. Similarly, in a deeply interconnected world, India may not remain immune to a global downturn, whether it's financial or one triggered by geopolitical events like wars. The rising cost of money globally is another risk to watch out for. Optimists might say these may delay the inevitable but not deter India's economic advance. Take a look at the Bloomberg chart on the rise in the value of US dollar.
2024-05-16T06:47:22Z
The $200 Discount is a Distraction -- RTX 4080 Super Review and Benchmarks!
The $200 Discount is a Distraction -- RTX 4080 Super Review and Benchmarks! ▷ MY STORE - shirts, pint glasses & hoodies: http://paulshardware.net Benchmarking the new $1000 RTX 4080 Super vs 9 other GPUs - RTX 4070 Ti Super, RTX 4070 Super, RTX 4090, RTX 4080, RTX 4070 Ti, RTX 4070, RX 7900 XTX, RX 7900 XT, RX 7800 XT. ► TIMESTAMPS 0:00 Welcome: RTX 4080 Super Benchmarks + Review 1:18 The $200 Price Drop to $1000, and some history 3:30 Stat Comparison, Specs, Test Hardware 5:23 Power Draw 6:20 BENCHMARKS: 3DMark Time Spy Extreme & Port Royal 6:56 Far Cry 6 8:04 Shadow of the Tomb Raider 8:41 Shadow of the Tomb Raider [RT] 9:17 Cyberpunk 2077 9:58 Cyberpunk 2077 [RT] 10:39 F1 23 [RT] 11:19 Avatar: Frontiers of Pandora [RT] 11:59 Horizon Zero Dawn 12:40 Total War: Warhammer III 13:23 Resident Evil Village 14:01 Doom Eternal (Vulkan) 14:40 Microsoft Flight Simulator (DX12) 15:30 Starfield 16:01 OVERALL RASTER PERFORMANCE - 4K 16:47 OVERALL RT PERFORMANCE - 4K 17:08 OVERALL RASTER PERFORMANCE - 1440 17:24 OVERALL RT PERFORMANCE - 1440 17:50 OVERALL RASTER PERFORMANCE - 1080 18:13 OVERALL RT PERFORMANCE - 1080 18:23 AVG FPS / COST PER FRAME - 4K 20:35 AVG FPS / COST PER FRAME - 1440 21:00 AVG FPS / COST PER FRAME - 1080 21:13 Conclusion and Closing Thoughts Please note that links above may be affiliate links -- clicking them earns me a small commission if you make a purchase and helps support my YouTube channel. Thank you! ▷ MY STORE - shirts, pint glasses & hoodies: http://paulshardware.net ▷ SOCIAL Twitter: @paulhardware http://www.twitter.com/paulhardware Facebook: https://www.facebook.com/pages/Pauls-Hardware/195425877329550 Instagram: http://instagram.com/paulhardware :::Send Me Stuff::: Paul's Hardware P.O. Box 4325 Diamond Bar, CA 91765 ► Edited by Joe Aguilar - ShaostylePostProductions https://twitter.com/joe_editing Audio file(s) provided by Epidemic Sound http://www.epidemicsound.com/
1/31/2024 2:00:28 PM
World Street | Dow claims 40,000 mark, Dimon, Dalio concerned about US Debt, $25 million Ethereum theft, Reddit collaborates with OpenAI and more
The Dow Jones reached 40,000 but closed just below it. Meanwhile, two brothers face charges for a $25 million cryptocurrency heist. Amidst this, concerns over rising US government debt intensified as industry leaders Jamie Dimon and Ray Dalio emphasized the need for US debt reduction and flagged waning investor interest in Treasuries. All this and more, on the May 17 edition of World Street. Dow Jones Crosses 40,000The Dow Jones hit 40,000 for...
2024-05-17T02:32:45Z
