Daily Chart

[trackwhack]

Daily Chart_15th Dec 2011 - India's Dependence on Coal

When a country grows at between 8 and 10% a year, the economy doubles every 5-6 years. Energy growth is the single biggest determinant as well as consequence of high growth and India needs to double its power generation output every 5 years to sustain our growth or compete with larger economies. Historically, this meant digging more coal. While we have enough coal reserves to last us 200-300 years at current consumption levels, in 10 years, if our energy dependence on coal did not change and the economy continues to grow at the current rate, our reserves will last us between 50 and 75 years. Take another 10 years at the same rate and we are looking at maybe 20 years of recoverable coal. No amount of buying overseas energy assets will ever be enough. Matching the Wests energy density would mean India would need 4 times the amount of energy that America today needs!!

Todays chart shows the % of Power generation through various sources. In 2010 Coal accounted for 68% of power generation.

There are only so many dams we can construct and only so many wind turbines or solar panels we can put up. There is only one alternative - nuclear energy and there is only one fuel alternative - Thorium. The world uranium supply is predicted to peak in a few years. Let us hope our scientists can crack the thorium puzzle, and fast.

Data Source : World Bank reports

 

[Iamanidiot]

Trackwhack any idea about the central PF funds in market .Iam hearing some foul things about this

 

[trackwhack]

Trackwhack any idea about the central PF funds in market .Iam hearing some foul things about this

You may be onto something there, but nothing short of an RTI will give us access to this information as this is not publicly available. I am not in a position right now to do so. Apologies laman.

 

[trackwhack]

Daily Chart_16th Dec 2011 - India in Test Criket

Its Friday, so a shift away from the Economy. With the Australia tests around the corner, I am all set for Boxing Day. Will we finally win a series Down Under? In Dhoni we have a good captain and the batsmen are looking good. As long as the pace bowlers stay fit, we should be ok.
Todays Chart looks at how India has progressed as a test playing nation. Since 2000 we have more wins that draws or losses. Hopefully in the coming decade we will have more wins than draws and losses combined. Good luck India.:thumb:

Data Source : Cricinfo

 

[trackwhack]

Daily Chart_19th Dec 2011 - India's High Technology Exports

High-technology exports are products (not services) with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. In 2009 the total touched 10 billion. To put things in perspective, China logged 400 billion dollars in high tech exports the same year, which was 31% of the total manufactured goods. Long way to go for us to catch up. Note that the scale showing the percentage growth is not a full 100% to help illustrate smaller changes. Data labels have been added to compensate.

Data Source : World Bank

 

[trackwhack]

Daily Chart_20th Dec 2011 - India's Ores and Metals Export

The lowest value exports of a country - ores and base metals. Lets hope that over the next few years this graph continues to trend down and we start exporting value added goods produced by the plentiful ores that we have. Note the right hand Y axis scale is from 0 - 14% only to highlight smaller changes over the years.

Data Source : World Bank

 

[trackwhack]

Daily Chart_21st Dec 2011 - The Gini Co-Efficient

We aren't that Unequal after all.

The Gini Co-eff. measures income inequality among the people of a society. Today's chart compares the Gini-co-eff. among select major countries. Of 125 countries that the study was conducted for India's rank was 98 on the Inequality scale with the higher the rank the more unequal the distribution of wealth/income. The ranks of the respective countries are given in brackets on the x axis.

Data Source : Nation Master

 

[trackwhack]

Daily Chart_22nd Dec 2011 - Public Sector Might

The 50 PSU's that are listed on the exchanges have a combined market capitalization of 240 billion USD. Together they make up for more than a 5th of the market cap on both the BSE and NSE. Should we disinvest? How much should we?

Data Source : Department of Disinvestment : Ministry of Finance

 

[trackwhack]

Daily Chart_3 rd Jan 2012 - World Religions

The Daily Chart is back after the year end break Happy new year to all.

Since I am still recovering from a very restful and mildly heady vacation, I felt lazy digging up stats. Instead I have borrowed a World Religions Map from another source. This shows the spread of various faiths across countries of the world.

 

[trackwhack]

Daily Chart_4th Jan 2012 - Share of India's Exports

Ok, this was a tough one because our ministry of Commerce makes sure that the data they supply is in the crappiest of forms possible. Anyway.

India has been harping on the Look East Policy for some time now. Rather than a look east policy, its been a 'Stop looking West' Policy. Todays chart looks at export trends over the last few years to see if our dependence on the West is actually coming down. From the data available, it is

Our exports went up from 64 billion USD in the 03-04 fiscal to 251 billion in the 10-11 fiscal. Its predicted to cross 280 billion USD this fiscal. During this time, the share of Exports to North America and Europe has fallen from 44% to 33%. That is a big shift. I have split the trade with Asia as China (PRC + Hong Kong) and Rest of Asia.

Exports to Africa needs a lot more push. 8% is paltry.

Tomorrow I will try to look at import data in a similar manner.

Data Source : Ministry of Commerce, GOI

 

[trackwhack]

Daily Chart_9th Jan 2012 - BRIC Currencies

If we look at BRIC currencies' performance since Jan 2011, the rupee is the worst performer

However, since August 2011 is when the dollar started gaining on all currencies as can be seen above. If we look at August as the reference, the rupee has done just as good or as bad as the other BRIC currencies bar the yuan.
The yuan we all know follows its own rules.

The reason the rupee is the worst performer is that it appreciated the least up until August compared to the other currencies.

 

[SpArK]

buy nifty put 4400 @ 8.00 today... and expect 3 times profit... if u wanna get rich... 3 days is my prediction.

 

[trackwhack]

Daily Chart_10th Jan 2012 - Direct and Indirect Taxes in India

Over the last decade, the share of Direct taxes has surpassed the share of Indirect taxes in India. The very basic inference is that the rate of growth of employment creation and tax enforcement (bringing more tax evaders into the tax bracket) has outstripped the rate of growth of consumption.

While governments try more and more to move toward an indirect tax system, I doubt this trend would change in India in the near future. The introduction of GST only rejigs the Indirect tax system, does not boost it. And the continued impetus on bringing a larger part of the productive populace into the tax bracket would mean the growth of direct taxes is assured for sometime to come. However it will be a great day when taxation is defined as a function of consumption rather than productivity.

Tax what I consume, not what I produce That way the austere benefit and the spendthrift with 5 maxed out credit cards is held accountable. The spending habits of society will then fall in line with their incomes and savings.

Data Source : Ministry of Statistics, GOI
Apologies, the data sourced was up to date only till 09.

 

[trackwhack]

Daily Chart_11th Jan 2012 - Urban populations by Country

India has one of the highest % rural populations. Chart sourced from Wiki.

 

[Galaxy]

India has one of the highest % rural populations. Chart sourced from Wiki.

Yes, 72% Indian population lives in rural areas.

"The soul of India lives in its villages", M. K. Gandhi

 

[trackwhack]

Daily Chart_13th Jan 2012 - China's Forex Reserves

In 10 years between 2002 and 2011 China's Forex reserves have grown from 212 billion to 3.18 trillion. Its three times as large as Japans, which is in second place. Even through the financial crisis et all, it continued to grow, though slower, while our own reserves have been stagnant for nearly 5 years now.

Forex is plotted against left axis and growth is plotted against right axis.

Can India emulate this kind of wealth creation over the next 10 years?

Data Source : Freely available on multiple sources like IMF, WB etc