Well I am on the plane right now heading to India, so I thought I would leave you with some facts about India. Study it hard because there will be a quiz (not really).
Bombay Stock Exchange
- Sensitive Index: composed of the 30 largest and most actively traded stocks.
- Market capitalization = $1.1 trillion U.S.
Popular ETFs
- India Fund, Inc. (IFN): invest in public equity markets of India.
- Morgan Stanley India Investment Fund (IIF): invest in common stocks and short-term investments.
Currency: 1 U.S dollar = 39.535 rupees
Major Exports: textiles, jewelry, engineering goods, and software.
Natural Resources: arable land, bauxite, chromite, coal, diamonds, iron ore, limestone, manganese, mica, natural gas, petroleum, and titanium ore.
4 Richest Indians
- Lakshmi Mittal – $51 billion
- Mukesh Ambani -$49 billion
- Anil Ambani – $45 billion
- Kushal Pal Singh – $35 billion
Other Interesting Facts
- India has never invaded any country in its last 100000 years of history.
- Chess was invented in India.
- Algebra, Trigonometry, and Calculus originated in India.
- India is the largest democracy in the world.
- Largest employer in the world is the Indian Railways.
- The World’s first university was established in India.
- Columbus was actually try to get to India before he ended up finding America.
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