Here’s some of the Interesting stuff I came across in the Stock Markets and in general last week!
The Three Gorges Dam in China is the world’s largest power station in terms of capacity. The concrete and steel dam is 7,661 feet long, almost 600 feet high and used about 510,000 tons of steel – enough to build the Eiffel Tower sixty times. By shifting a significant mass of water, the dam will literally SLOW THE ROTATION OF THE EARTH
“The first trans-Atlantic cable was completed in 1858 to connect the United States and Britain. Queen Victoria commemorated the occasion with a message to President James Buchanan that took 16 hours to transmit.” –NYT
The Kumbh Mela in Prayagraj, the largest congregation of humans, ended earlier this month with over 20 crore devotees taking a dip in the Sangam, the confluence of the Ganga, Yamuna and Saraswati rivers. (Below Image taken from Elara Capital’s report on Kumbh Mela, a must read for all the people to know how our Country efficiently handles the World’s biggest human gathering)
Here are the World’s largest Banks –
Mumbai – the land of Dreams and also the city expected to add the most percentage of Ultra High Net Worth Individuals in the next 5 years? Would you be one of them? 🙂
Fertilizer Industry Working explained! (Alpha Invesco)
The Reserve Bank of India, which added 6.5 tonnes of gold to its reserves in January, taking its total holding forming part of its foreign exchange reserves to 607 tonnes, is set to become the tenth largest holder of the metal worldwide, displacing the Netherlands. According to data provided by the World Gold Council on Monday, India’s share of gold held globally has been rising steadily to stand at 6.2 per cent at the end of 2018 and has gone up further in January. (Business Standard)
Quality Matters! Aviation Stock returns for the last 6 months! The outperformer is clear and for a reason!
Cities with the Most Ultra Rich Residents! (Visual Capitalist)
A great study of market behavior during elections (CNBC TV 18)
Indian Elections summed up
About 900 million people are eligible to vote!
1709 registered parties!
15 million people aged 18-19 years will vote
500 million Indians are online (Bloomberg)
This time the polling exercise, due to start on April 11 and be completed by May 19, will cost an unprecedented Rs 50,000 crore ($7 billion), according to the New Delhi-based Centre for Media Studies. About $6.5 billion was spent during the U.S. presidential and congressional races in 2016, according to OpenSecrets.org, which tracks money in American politics. (ET)
Indian Railways’ ICF creates history!
The Integral Coach Factory (ICF) in Chennai has manufactured as many as 301 coaches in the month of February, taking the total for this fiscal to 2,919. Interestingly, this puts the factory among the largest railcar builders in the world, beating top Chinese manufacturers who produce around 2,600 coaches a year (Financial Express)
Australia has gone 27 years without a recession. The longest run in the developed world belongs to Japan, from 1960 to 1993. (The spectator index)
Azim Premji, chairman of Wipro Ltd, on Wednesday, earmarked 34 percent of his shares worth Rs 52,750 crore to an endowment under the Azim Premji Foundation. Donations by Premji, which included Wipro’s shares, as well as other assets owned by him and, has made him one of the biggest philanthropists in the world. (CNBC TV 18)
After four moves apiece there are a quarter trillion possible chess combinations. (Collaborative Fund)
Built in 10 months, the 352-bed Mahamana Pandit Madan Mohan Malaviya Cancer Centre in Varanasi has made it to the India Book of Records for being the largest cancer hospital built in the least amount of time. (The Hindu)
Bengaluru Kempegowda International Airport has been ranked the world’s best airport in passenger experience for departures and arrivals, according to a survey. It is the first airport in the world to achieve the top spot in terms of experience provided to both departing and arriving passengers, said Airports Council International (ACI) World survey.
Mumbai Chhatrapati Shivaji International Airport and Delhi Indira Gandhi International Airport have also featured among the best airports in the Asia-Pacific region along with Changi airport, Singapore, in the category of over 40 million passengers.
(CNBC TV 18)
Hope you liked the article,
Come back next week for more!