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Tag: consumption

ICICI Pru Mutual Fund launches Bharat Consumption Scheme

ICICI Pru Mutual Fund launches Bharat Consumption Scheme

Finance
ICICI Prudential AMC announced launched the ICICI Prudential Bharat Consumption Scheme. The Scheme aims to benefit from the Indian consumption story, considered as one of the fastest growing consumption markets globally. The benchmark for the Scheme is Nifty India Consumption Index and will be managed by Rajat Chandak and Dharmesh Kakkad. The overseas investments of the scheme will be managed by Priyanka Khandelwal. "Globally, it has been observed that the moment a country’s per capita GDP crosses $ 2,000*, there is a disproportionate rise in discretionary spending and India is poised to cross this milestone in 2019-20,” Nimesh Shah, MD & CEO, ICICI Prudential AMC, said on the launch of the scheme. “With the largest millennial population globally, India offers a growt...
International worries as China's consumption and economy slows

International worries as China's consumption and economy slows

Business
Picture China's economy and you might be thinking of massive factories, gigantic airports or train stations built from scratch in 24 hours. For another view, you could follow Xu Liqiang as he threads the streets of Beijing in a beaten-up tuk-tuk (motorised rickshaw).Xu is 21 years old and a "kuaidi" (express delivery) driver. Each day 100 million packages are delivered in China and they're delivered by people like him. It's part of a boom in Chinese consumption that has driven growth in global GDP over the last decade.But today, work is slow. "After Double Eleven [an online shopping festival], the packages have been getting less and less with time," he tells me.Xu lives in a dormitory provided by his employer with three other kuaidi drivers. He moved to Beijing from Shanxi ...
WWF report: Mass wildlife loss caused by human consumption

WWF report: Mass wildlife loss caused by human consumption

Science
Media playback is unsupported on your device "Exploding human consumption" has caused a massive drop in global wildlife populations in recent decades, the WWF conservation group says.In a report, the charity says losses in vertebrate species - mammals, fish, birds, amphibians and reptiles - averaged 60% between 1970 and 2014."Earth is losing biodiversity at a rate seen only during mass extinctions," the WWF's Living Planet Report adds.It urges policy makers to set new targets for sustainable development.The Living Planet Report, published every two years, aims to assess the state of the world's wildlife.The 2018 edition says only a quarter of the world's land area is now free from the impact of human activity and the proportion will have falle...
No 'healthy' level of alcohol consumption exists, according to new study

No 'healthy' level of alcohol consumption exists, according to new study

Health
Bad news for the 2.4 billion people around the world who drink alcohol regularly: There is no level of alcohol that is good for health, according to a new study in the journal The Lancet. Using data from the Global Burden of Diseases, Injuries, and Risk Factors Study, newer data analysis methods, and a review of previous studies, the researchers calculated the levels of alcohol consumption and the rates of alcohol-related health problems for 195 countries from 1990-2016. According to their estimates, drinking one alcoholic drink per day for one year increases the risk of developing one of the 23 alcohol-related health problems by 0.5 percent. These include cardiovascular disease, different cancers, intentional and unintentional injuries, communicable diseases, and more. Without drinking...
Fast-food consumption can increase difficulty getting pregnant, study says

Fast-food consumption can increase difficulty getting pregnant, study says

Health
May 4 (UPI) -- Women who eat fast food-four or more times a week were less likely to conceive within a year and more frequently experience infertility than those who consume a healthy diet, according to a new study.Researchers analyzed the diets of 5,598 women in Australia, New Zealand, Britain and Ireland from November 2004 to February 2011. Their findings were published Friday in the journal Human Reproduction."The findings show that eating a good quality diet that includes fruit and minimizing fast-food consumption improves fertility and reduces the time it takes to get pregnant," Dr. Claire Roberts, a research fellow at the University of Adelaide in Australia, said in a press release.Fast-food, which included burgers, pizza, fried chicken and chips, were bought at fast-food and other t...