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Business News/ Politics / Policy/  News in numbers | Surat railway station the cleanest in India, Pune’s the dirtiest
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News in numbers | Surat railway station the cleanest in India, Pune’s the dirtiest

Beas (in Punjab) and Madhubani (in Bihar) are the cleanest and dirtiest stations among A category stations

Photo: Indranil Bhoumik/ MintPremium
Photo: Indranil Bhoumik/ Mint

19

What is it? The number of large railway stations that got low ratings in cleanliness, according to a survey of 1.34 lakh passengers. There are 75 large (or A1 category) railway stations with 50 crore-plus revenues each.

Why is it important? It’s an indicator of cleanliness levels in India’s railway stations. Among 332 second tier (or A category) railway stations with 6 crore to 50 crore revenues, 117 or 35% received low cleanliness ratings. Indian Railways has over 8,000 stations.

Tell me more: Surat was rated the cleanest and Pune the dirtiest cities among large stations. Beas (in Punjab) and Madhubani (in Bihar) are the cleanest and dirtiest stations among A category stations.

1,610

What is it? The projected number of planes (worth $224 billion) India is likely to buy over the next 20 years, according to Airbus SAS.

Why is it important? With global economic slowdown raising fears and uncertainty, aircraft makers are hoping to increase their sales in India, the world’s fastest growing aviation market. American MNC Boeing has forecast India to buy 1,740 planes worth $240 billion by 2034.

Tell me more: Low fuel prices have helped Indian airlines to post profits (as in the case of Spicejet and Jet Airways) or increase their profits (as in the case of Indigo Airlines). Fuel prices, which accounted for 49% of airlines’ costs in January 2013 came down to 23% in February this year. There are only 378 planes flying in India today.

4,428 crore

What is it? The amount which Bharti Airtel paid Videocon Telecom to buy its spectrum in the 1,800 MHz (megahertz) band in six licence areas—Bihar, Haryana, Madhya Pradesh, Gujarat, eastern Uttar Pradesh and Western Uttar Pradesh.

Why is it important? This is the second such deal after the Indian government allowed trading of airwaves last October and indicates the exit of Videocon from the telecom sector. According to Fitch Ratings, this acquisition would help Airtel provide 4G services in 19 of the 22 circles compared to Reliance Jio’s access to 4G spectrum in all the 22 circles.

Tell me more: Credit Suisse said in a note that Airtel bought access to 4G spectrum services at 2.4 times the original price that Videocon paid in 2012 and 1.8 times the price determined in last year’s auction.

Above $40

What is it? The prices of the global benchmarks for crude oil per barrel on Thursday. The US crude oil benchmark, West Texas Intermediate settled at $40.2 a barrel after reaching a 2016 high of $40.26 per barrel and the Brent finished at $41.54 a barrel after touching 2016’s peak of $41.6 per barrel.

Why is it important? Oil prices have increased by more than 50% since they touched nearly 12-year lows in February on the hopes that OPEC (Organization of the Petroleum Exporting Countries) heavyweight Saudi Arabia and non-OPEC countries led by Russia would meet on 17 April to try and seal a supply deal to curb production.

Tell me more: Some analysts believe that these price movements are based on expectations and not on actual supply and demand. Analysts estimate that oil production would continue to be in surpluses of 1-2 million barrels a day.

150 crore

What is it? The base price for Kingfisher House, the headquarters of the grounded Kingfisher Airlines, which reportedly did not receive any bids during its auction on Thursday.

Why is it important? The move by lenders, led by the State Bank of India, to whom Kingfisher Airlines owes over 9,000 crore, is part of their efforts to recover their dues. According to some property consultants, the asking rate at 88,000 per sq.ft was more than thrice the average commercial property price of 28,000 per sq.ft in the Vile Parle area where the Kingfisher House is located.

Tell me more: The Kingfisher House, which has a built-up area of over 17,000 sq.ft, also has an outstanding property tax of 67 lakh.

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Published: 18 Mar 2016, 11:39 AM IST
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