Weekly Insights - Sunday August 2, 2020

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1) The Arctic is warming so fast that it has become an accelerator of climate change than the rest of the world. According to CNN Climate, in 2019 a football pitch of tropical forest was destroyed every six seconds. The world lost over 9 million acres of tropical forest. Carbon dioxide (CO2) accounts for 72% of the global human-caused emissions. After being released into the atmosphere, about 40% stay for 100 years, while 20% remain after 1000 years and 10% up to 10,000 years. Meanwhile, methane (CH4) stays for less time in the atmosphere than CO2 but it's much stronger in terms of the greenhouse gas effects. Its global warming impacts is 25 times larger in a period of 100 years. It accounts for 16% of man-made greenhouse gas emissions.
The White Insights Artic is warming so fast that it has become an accelerator of climate change

2) Indian Tobacco Company (ITC) is the Indian multinational conglomerate company. ITC has a diversified presence across industries such as cigarettes, fast-moving consumer goods (FMCG), hotels, packaging, paperboards & specialty papers, and agribusiness. The company completed 100 years in 2010 and as of 2017-2020, had an annual turnover of $10.74 billion and a market capitalization of INR 2,38,660.74 crore. Here are the brands that ITC owns.
The White Insights ITC India Indian Tobaco Company all brands

3) Chinese company Tencent, that has stake in many Indian companies and having a majority of stake in South Korean company 'PUBG' which is one of the most famous games in India, is now bigger than Facebook after adding over $200 billion to its value this year. The gaming and social media giant's market capitalization stood at $664.50 billion while Facebook market capitalization totaled $656.15 billion as of Tuesday, July 28, 2020.
The White Insights China's Tencent is now bigger than Facebook by market cap

5) India changes its education policy after 34 years. All you need to know.

Reformed education policy 2020 The White Insights

6) Grofers advances IPO listing target to the end of 2021 instead of 2022.
Grofers advances IPO listing target to the end of 2021 The White Insights

7) Nifty Bank - Red flag
Nifty Bank 9 years of outperformance wiped in 4 months due to pandemic The White Insights

8) Reliance Industries Limited now accounts for 10% of all BSE listed companies combined market capitalization.
The White Insights Relinace limited now accounts for 10% of all BSE listed companies combined market cap

9) India's first numberless card is targeting teenagers and their parents. 
The White Insights India's first numberless card FamPay for teenagers

10) New e-commerce rules are part of the Consumer Protection Act, 2019. Making online retails more transparent and liable.
new e-commerce rule under consumer protection act, 2019 The White Insights

11) After 59 apps, India had banned 47 more Chinese apps and has drawn up a list of over 250 that will be examined for any violation of national security. According to CNN News 18, gaming apps like PUBG, are expected to be banned.
The White Insights 250 Chinese apps being examined and banned under violation of national security of India PUNG banned ban

12) According to the United Nations (UN) 690 million people were undernourished last year that is 8.9% of the global population.
The White Insights UN 8.9% undernourished global population

13) Infographics by Visual Capitalist describes the $86 trillion world economy.
The White Insights $ 86 trillion world economy

14) Currency against the US dollar in 2019.
The White Insights United States US currency vs other countries

15) India extends medical assistance to North Korea worth $1 million.
The White Insights India North Korea Medical assistance

16) Indian government restricts imports of color TVs without a license. Xiaomi has a majority of market share that is 27% according to LiveMint, following LG 14%, and Samsung 10%.
Chinese TV banned in India The White Insights

17) Coronavirus has devasted the global film industry. The global box office sales totaled a record $42 billion in 2019 according to the World Economic Forum.
$42 billion box office sales in 2019, covid-19, threatres, film industry, ckising cinemas The White Insights

18) According to reports, Mexico is the most at risk as 15.5% of GDP depends on tourism.
Mexico's GDP 15.5% on tourism The White Insights

19) Apple Inc. overtakes Saudi Aramco as the world's most valuable company as market capitalization hits $1.84 trillion.
Apple is now the world's most valuabale company beating Saudi Aramco $1.84 trillion


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