Economy Of India
India is the world's seventh-largest country by total area. India has two major stock exchanges: the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Both are among the world's largest stock exchanges. The NSE is one of the top ten markets globally in terms of market value, while the BSE is similarly prominent, frequently placing among the top 15.
In March 2022, India's Index of Industrial Production (IIP) was 148.3, up from 132.1 in February 2022. | |
In April 2022, private equity (PE) and venture capital (VC) investments totaled US$ 5.5 billion. | |
India contributes to approximately 3% of the global stock market. | |
India's foreign exchange reserves grew to US$ 597.51 billion on May 20, 2022. | |
India's economy is still around 8.1 percent smaller than that of California. | |
In 2017, violence cost India approximately 9% of its GDP. | |
India has the world's fastest growing economy. | |
In terms of average annual income, India ranks 70th. | |
TCS, a technology giant, has a market capitalization of more than stocks listed on the Pakistan Stock Exchange. | |
According to the World Bank, India has 450 million poor people, accounting for 42 % of the world's population. | |
Agriculture employs half of the people in India. | |
India was one of the world's biggest economies in terms of GDP contribution. | |
Agriculture, services, and industry are the three sectors in which the country's economy and GDP have been classified and tracked. | |
Bombay Stock Exchange (oldest exchange in Asia) | |
The first stock exchange of India flourished in the Dalal Street in 1854. | |
There are 23 trading exchanges in India. | |
Millions of people search 'SGX Nifty Live' on Google every weekday between 8.30 AM to 9.15 AM IST. | |
In India, only 2.6 percent of the population invests in the stock market. | |
Mumbai has the highest number of Demat Accounts | |
The NSE was founded in 1992, following the Harshad Mehta Scam. | |
Only 8 crore people out of a total population of 132 crore invest in mutual funds. Indian Mutual Fund Market Assets account for only 12% of India's GDP. | |
Only 27% of adults and 16.7% of Indian teenagers are financially literate. |