This week is a bit scattered, but it’s SCATTERED AWESOME, so who are we to complain? We’ve got some great book deals, delightful new art, and some behind-the-scenes photos for the making of the trailer! April Fool’s Redux Last week’s prank of a re-release of the Peace Talks trailer with “improved” visual effects was ridiculously [...]

Pune city famous for its climate, pensions city which got transform to an IT hub has finally got its reward. Pune has always been counted in the list of the cleanest cities of India. On Monday it was really a proud moment for the Punekars because the Urban Affairs Minister, Hardeep Singh Puri has launched 'The Ease of Living' report on Monday around 3:50 pm.

Out of 4,000 cities and towns in India, where about 300 cities have a population over 1,00,000 and seven cities have a population of more than 3 million, only 3 cities of Maharashtra – Pune, Navi Mumbai and Greater Mumbai – are the most livable places in the country which means from Maharashtra four cities were into top ten. Pune has been ranked first in the Ease of Living Index with Navi Mumbai coming in second, Greater Mumbai ranked at three and Delhi languishing at 65. 

The report evaluated 111 cities on a 100-point scale across 78 indicators under four primary parameters which was divided- Institutional, Social, Economic and Physical. Although, cities like Howrah, New Town Kolkata, and Durgapur did not take Part in it. While Delhi is really ranked low that is 65th rank. And, Rampur in UP is ranked the lowest. To the utmost surprise, Chhattisgarh has made it to the top 10 in the list and Indore which gives a tough competition to Pune is ranked 8th.

The 'Ease of Living' index is an initiative of the Ministry of Housing and Urban Affairs to assess the most livable cities all over India and rank them on a 100 point scale. Apart from presenting the overall national ranking of 111 cities, the report will present the ranking of the cities across pillars, category, and geographical zone and population classifications. The city of Pune is expected to maintain this rank. And, helps to set a benchmark. It is expected to give a tough competition to all the other cities out there. Known for its cultural capital of Maharashtra state as well as the Oxford of east.

Chennai has been ranked 14 and New Delhi languishes at 65 while Kolkata refused to participate in the survey. While the citizens have been claiming that the city is reeling under lack of open space, ironically Mumbai has been ranked number one among 111 cities in the category of public open spaces. The state's richest civic body, BMC had to collate the data from several institutions, and submit to the central government. While the transportation and security were sent across by the state government, the majority of the data was compiled by the civic body that defined how livable the city is.

Vijay Singhal, additional municipal commissioner, said, "We have topped the list of megacities, which had over 4 million population. There were seven mega cities in this. And wherever we have lacked we will try and improve on those aspects and accordingly try and score better next time."

The rankings of the cities all over Maharashtra are as follows:
Pune is 1st, Navi Mumbai is 2nd, Greater Mumbai is 3rd, Thane is 16th, Virar is 20th, Nasik 21st, Solapur 22nd, Nagpur 31st, Kalyan 50th, Chinchwad 69th, Aurangabad 97th.

With inputs from PTI

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After the death of three police constables within 48 hours, the police have rolled out a 10-point strategy to tackle the COVID-19 infection in its force that comprises around 45,000 personnel — both constables and officers. Apart from resting its senior members and changing duty patterns, the police have now begun administering Hydroxychloroquine (HCQ) to cops along with multivitamin tablets. Provisions will also be made for stay and nutritional food for cops till the lockdown lasts.

This will go on till the lockdown lasts. Ever since the pandemic broke out, senior cops have been given desk jobs but the infection spread among a few policemen and their family members.

Also Read: Exclusive: After Third Cop Dies Of COVID-19, Mumbai Police Sends Personnel Above 55 On Leave

"Our personnel are risking their lives to protect the city. Keeping their personal health and immunity strong has been a major priority for us," DCP (PRO) Pranay Ashok told mid-day, adding, "We have initiated a strategy to tackle it."

Accordingly, all cops above 55 years of age have been asked to stay at home, cops above 52 years of age with previous medical conditions have also been asked to stay home. The duty hours will also be changed from 8-hour shifts to 12-hour shifts and giving cops 24 hours off after that.

Around 12,000 cops will soon be administered with HCQ under medical supervision. Multivitamin tablets and protein supplements too will be given to 20,000 cops to strengthen their immunity.

Apart from this, police personnel will have the following special services:

1. Designated hospitals and dedicated beds in all COVID hospitals.

2. COVID Helpline number for personnel and families at the control room to resolve any doubts or issues.

3. Adequate number of PPEs, face masks, hand-sanitisers, gloves, face shields.

4. Amenities like food packets, ration, hot water flasks, pandals at checkpoints

5. Accommodation facilities

6. '50 lakh ex-gratia amount to all personnel who lose their lives fighting COVID (by the government).

12,000
No. of cops who will soon be administered with HCQ under medical supervision

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Sunny Leone pulled a prank on her husband Daniel Weber by making him believe that she had accidentally chopped off her finger. Sunny took to Instagram to share the video of the same. In the video, she cries out for help, shouting out to her husband that she has chopped off her. Daniel comes in running and panics and runs around as he tries to figure out how he can help.

However, when Sunny draws his attention towards the phone, he understands that he was being recorded all the while, and this was just a prank.

 

 

 

View this post on Instagram

Yes this is really happening!!! Lol epic #prank on @dirrty99 😂😂😜 . . 🚨Statutory Warning: No finger was hurt in making of this video. It’s a rotten banana

A post shared by Sunny Leone (@sunnyleone) onMay 3, 2020 at 5:17am PDT

Just before the prank, Sunny had shared another video talking about the funny scene:

 

 

 

View this post on Instagram

This ain’t no cooking video!!!! Haha @dirrty99 got pranked and served!!

A post shared by Sunny Leone (@sunnyleone) onMay 3, 2020 at 2:23am PDT

When Sunny asks Daniel how much he enjoyed the prank, he said: "Generally, I am a pretty serious person in life. That is just my personality. I actually don't even like pranks that much. I don't even like pranks on other people and I definitely don't like pranks on me. So, if you want me to rate your prank, I think it's a zero because I hated that it was done on me."

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The popular sitcom Office Office is back on television, and actress Asawari Joshi, who played the role of Usha ji in the show, went down memory lane recalling how her co-stars would play pranks on her on the set, and added how she learnt many things from her veteran co-star Pankaj Kapur.

Kapur plays a retired schoolmaster named Mussaddi Lal Tripathi, and the evergreen show narrates his struggles to get work done in corrupt offices in a satirical manner.

"The most mischievous one on the set was Sanjay Mishra, who was the master of quick comebacks. He played pranks on me every day. I was always the prime target of all pranks, and one day everyone decided to play a prank on me while we were in the middle of a reading session.

"They made me scream in the middle of the session by making me think that a mouse was under my chair!" she recalled.

Asawari also shared that she was called "production ka eklauta damaad" (the sole son-in-law of the production guys) on the sets.

"Being the only woman in the cast, all the men used to pull my leg and called me 'production ka eklauta damaad', because I had all the perks -- such as an individual room and a personal stylist -- like a pampered son-in-law. While Sanjay, Manoj (Pahwa) and Hemant (Pandey) were the notorious gang who played pranks on me, they also became really good friends. Deven (Bhojani) was fairly quiet on the set and very sincere towards his work. I feel we all learned the most from Pankaj ji, and during the entire journey of 'Office Office', I witnessed his immense dedication towards work," she reminisced.

The show is currently re-running on Sony SAB. The decision to bring back the show came in the wake of the good response that the re-telecast of several old popular TV shows among new-age audiences has seen during the coronavirus lockdown.

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Prince Narula and Yuvika Chaudhary are setting couple goals, and no one can deny that! The duo is simply smitten by each other, and can't get enough of it. As the country is under lockdown, many celebrities have been sharing encouraging videos of them spending time at home and finding multiple ways to keep themselves occupied, away from boredom.

Prince Narula too shared a video of him being a fun husband during the time of lockdown. But his prank didn't turn out as he planned! The Roadies judge was trying hard to make his wife laugh with a lighthearted game. As the video proceeds, it seems like Yuvika didn't like the prank, at all! Take a look.

In fact, when the Ex-Bigg Boss contestant shared the video, he wrote, "Prank video having fun with my wife @yuvikachaudhary. Video k baad mera kya haal hua dakheye is video main [sic]"

 

 

 

View this post on Instagram

A post shared by Prince Yuvika Narula (@princenarula) onApr 15, 2020 at 5:29am PDT

OMG! Nobody saw this coming, did you? Well, Prince Narula, don't trouble your wife, especially during the lockdown time.

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Oslo: India ranked 122nd, behind terror-riven Pakistan and poorest-of-poor Nepal in the global list of the happiest countries, according to a United Nations report released on Monday.

India came down by three slots, as last year it was placed at 118th spot. It was behind the majority of South Asian Association for Regional Cooperation (Saarc) nations, apart from war-ravaged Afghanistan, that stood at 141.

Among the eight Saarc nations, Pakistan was at 80th position, Nepal stood at 99, Bhutan at 97, Bangladesh at 110 while Sri Lanka was at 120. However, Maldives did not figure in the World Happiness Report.

Norway took the top spot from Denmark as the happiest country in the world.

The Scandinavian nation, which was ranked fourth in last year's report, jumped to the top this year on the basis of several key calculations, including levels of caring, freedom to make life decisions, generosity, good governance, honesty, health and income.

Other factors by which 155 countries were measured in the annual World Happiness Report are: inequality, life expectancy, GDP per capita, public trust (i.e. a lack of corruption in government and business), and social support.

Denmark, Iceland, Switzerland and Finland round out the top five, while the Central African Republic came last in the World Happiness Report.

Western Europe and North America dominated the top of the table, with the US and Britain at 14th and 19th positions, respectively.

Syria placed 152 of 155 countries -- Yemen and South Sudan, which are facing impending famine, came in at 146 and 147.

The World Happiness Report was released to coincide with the United Nations' International Day of Happiness on March 20.

COVID-19 has started showing its impact on the mutual fund industry. Few days ago I mentioned in my article, Debt mutual funds witnessed massive outflows of Rs 1.95 trillion in the month of March.

Though we could attribute most of that outflow to corporates redeeming funds to meet their quarter end obligations, high volatility and uncertainty as consequences of the pandemic could have also played a major hand in the redemption pressure for debt schemes.

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FII have been redeeming investments heavily in equity and debt segment ever since WHO declared COVID-19 a pandemic. In March, FIIs pulled out Rs 60,375 crore from the debt market.

High redemption and lack of buying interest has made debt mutual fund schemes vulnerable, especially those with higher exposure to low rated instruments.

This instability has claimed its first casualty in debt mutual funds...

Franklin Templeton Mutual Fund (FTMF) has decided to wind down six of its debt schemes with effect from April 23, 2020 due to COVID-19 related market dislocation. This is something that is unheard of in the mutual fund industry and has perplexed many investors and advisors.

The schemes that are wound up are:

• Franklin India Low Duration Fund
• Franklin India Dynamic Accrual Fund
• Franklin India Credit Risk Fund
• Franklin India Short Term Income Plan
• Franklin India Ultra Short Bond Fund
• Franklin India Income Opportunities Fund

Together these schemes have an AUM of 30,854 crore as on March 31, 2020. Notably, these are the very schemes which in the past had to create segregated portfolio for its exposure to downgraded papers of Vodafone Idea and Yes Bank.

What led to the move?

According to a statement to investors from FTMF, "Despite several measures taken by the Reserve Bank of India (RBI), the liquidity in certain segments of the corporate bond markets has fallen-off dramatically and has remained low for an extended period. In this scenario, mutual funds are facing unprecedented liquidity challenges due to a variety of factors-rising redemption pressures due to heightened risk aversion, mark to market losses following a spike in yields and lower trading volumes in the bond markets. These factors have together caused a significant and worsening liquidity crunch for open-end mutual fund schemes investing in corporate credits across the credit rating spectrum."

The schemes had to resort to continuous borrowing to fund redemptions during this time, and were unable to repay the borrowings through sale of portfolio securities due to the prevailing market environment. The Investment manager did not believe it was prudent to continue funding redemptions through potentially increasing levels of borrowings.

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FTMF follows a high-risk high-return strategy for the above mentioned funds - Meaning a major part of its portfolio is exposed to lower rated securities (rating below AAA). The market disruption due to the virus outbreak has impacted these securities the most.

Under conditions of high redemption pressure, mutual funds sell their liquid assets to meet the demand, leaving the portfolio highly exposed to illiquid assets.

Thus, investors who choose to stay invested are at a disadvantage here.

Anticipating continued liquidity stress to the funds, the fund house thought winding up the scheme is the only viable option for the unitholders to minimize erosion of value.

Table: Details of schemes being wound up

What does it mean for investors of these schemes?

Investors of these schemes will not be able to purchase/redeem investment, switch to other schemes or do systematic transactions. In short their funds will be locked. The fund will not charge any management fees for the funds that are being wound up.

The fund house will rely on coupon payments, maturity value of underlying securities, and selling of securities at realisable value. While the fund house expects to realise most of the proceeds as per maturities, there may be some low rated securities that may even default on the due date. The fund house may create segregated portfolios for such securities and pay back as and when the money is realised.

It will be prudent to check the average maturity of portfolios of each fund and expect major repayment within that period.

What should investors in debt funds do?

Debt mutual fund Investors are not as confident, due to incidents of exposure to toxic papers in the past. This event could make them even more wary about their investment in debt schemes. As a consequence, there may be some panic selling in other debt schemes by investors worried about their funds getting locked.

However, instead of taking any hasty decisions, it would be a great idea to check your funds for the quality of assets it holds.

Choose a fund house that follows prudent investment process and stringent risk-management system. In these uncertain times, it would be wise sticking to liquid funds and overnight funds for the fixed-income part of your portfolio. Alternatively, if you prefer safety of capital, invest in Bank fixed deposits.

Our friends at Quantum Mutual Fund have highlighted the secret behind their debt management strategy which has helped them provide safety and liquidity to investors when it comes to investing in quantum funds. Don't Worry, Quantum Liquid Fund always aims for Safety and Liquidity

The way ahead...

While the fund house has done this to protect investors' interest, it has made the funds illiquid from the investors' point of view. Many investors may lose faith in debt funds for their short-term goals.

Going further, investors may have to consider liquidity risk due to AMC action, while investing in any high credit risk oriented debt funds.

It is time for the regulator to step up and clarify the illiquidity part for other debt schemes out there to investors. Moreover, it needs to provide a framework of strict guidelines to restrict fund managers from putting investors' hard-earned money at risk by exposing them to low rated securities for higher yield.

Meanwhile, AMFI has assured investors that a majority of the fixed income fund assets is invested in superior credit quality securities, and the schemes have appropriate liquidity to ensure normal operations. It further stated that the industry remains fully committed to the investors' interests and there is no need for them to panic and redeem investments.

Author: Divya Grover

This article first appeared on PersonalFN here.

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PersonalFN is a Mumbai based personal finance firm offering Financial Planning and Mutual Fund Research services.

Disclaimer:
The views mentioned above are of the author only. Data and charts, if used, in the article have been sourced from available information and have not been authenticated by any statutory authority. The author and Equitymaster do not claim it to be accurate nor accept any responsibility for the same. The views constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by the reader. Please read the detailed Terms of Use of the web site.

Many investors park their surplus money in debt schemes in an attempt to earn higher returns than Bank FDs. However the recent incident of Franklin Templeton MF winding down six of its debt schemes has dented investor sentiment and sparked speculation about the safety of their investments.

The news came as a shocker to the investors because the six schemes, the fund house, and the fund manager had a good performance record. Investors in the wound up debt schemes of FTMF are now left with no choice but to wait for the fund house make repayments.

If you are one of them, surely you want to know about the timeline of payouts from the respective schemes.

Here is what you should know first...

Before returning the money to unitholders, the fund will have to repay the borrowings by the respective schemes that was taken to fund the heightened level of redemptions. Keep in mind that the repayment of borrowings does not impact the value of money to be returned to the unit holders, though it can delay the start of pay out to unitholders.

The repayment of the borrowings that the fund has taken, along with the cash flows it receives in the respective schemes based on the maturity of the underlying securities in the portfolio as well as coupon receipts will determine the payout to the unitholders.

Moreover, the fund will seek pre-payment from issuers of the underlying securities and will look to sell portfolio holdings in secondary market at fair value.

Table 1: Maturity profile of wound up FTMF schemes

Franklin India Ultra Short Bond Fund (FIUBF) and Franklin India Low Duration Fund (FILDF) are the schemes with shorter maturity. If you are an investor in this scheme, you may expect a significant payout within 2-3 years. However, to recover the entire amount you may have to wait up to 5 years.

If you are wondering why a scheme with average maturity of just 0.44 years and 1.45 years will take around 5 years to repay the entire amount?

This is because the maturity of some underlying securities is much longer (around 4-5 years), even though the schemes belong to low duration category. Additionally, the schemes have borrowings in the range of 6.5% and 8.5% respectively, which have to be repaid first.

Whereas, if you are an investor in Franklin India Dynamic Accrual Fund (FIDA), Franklin India Short Term Income Fund (FISTIP), Franklin India Credit Risk Fund (FICRF), and Franklin India Income Opportunities Fund (FIIOF) your wait will be longer. These schemes primarily invest in medium to long duration securities.

These funds had to sell a number of their short term and liquid securities in the portfolio to meet redemptions. Hence, to get a significant payout from these schemes you will have to wait at least 4-5 years. The year wise expected cumulative cash flows is given in the table below.

Notably, FIIOF is the longest duration fund from among the six funds that have been wound up. It will only be able to repay a very small portion (5%) in the next two years.

Another key reason that could delay the payout from these schemes is the high borrowing rate. FISTIP has 28% of its assets as borrowings, FIIOF has 26%; while FICRF also has significant 16% as borrowings. Furthermore, factors such as credit issues or payment delays faced by any of the investee companies could negatively impact cash flows.

Table 2: Cash flows expected by FTMF across different time period

Many of the securities with longer maturities have regular interim cash flows and features such as interest rate resets or call/ put options, which significantly reduce the effective maturity and the same has been factored into the calculation of the Macaulay Duration.

FTMF said that it would actively explore opportunities with a goal to facilitate repayment prior to the maturity of the portfolio investments. To do this it will seek prepayment from the issuers of the underlying securities and look to sell the securities in the secondary market.

However, the current market scenario is rife with risk aversion and illiquidity. The fact that wound up schemes have high holding of lower rated securities, FTMF will have to wait for the market conditions to go back to normal to liquidate the portfolio at the earliest, without causing value erosion for investors.

[Read: RBI Steps in to Take Some Pain Off Mutual Funds. Will It Help?]

Way ahead for debt fund investors

Keep in mind that debt funds are not risk-free. Investment in debt funds carry various risks relating to liquidity, credit quality, and interest rate. Therefore, before investing in debt funds understand the various risks involved and invest in schemes where the portfolio risk aligns with your own risk appetite and financial objective.

In this market environment, it would be preferable to invest in instruments issued by government and public sector enterprises, and stay away from those having high exposure to private issuers.

At PersonalFN, we arrive at top rated funds using our SMART Score Model. If you wish to select worthy mutual fund schemes, I recommend you to subscribe to PersonalFN's unbiased premium research service, FundSelect.

Additionally, as a bonus, you get access to PersonalFN's popular debt mutual fund service, DebtSelect.

If you are serious about investing in a rewarding mutual fund scheme, Subscribe now!

Author: Divya Grover

This article first appeared on PersonalFN here.

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PersonalFN is a Mumbai based personal finance firm offering Financial Planning and Mutual Fund Research services.

Disclaimer:
The views mentioned above are of the author only. Data and charts, if used, in the article have been sourced from available information and have not been authenticated by any statutory authority. The author and Equitymaster do not claim it to be accurate nor accept any responsibility for the same. The views constitute only the opinions and do not constitute any guidelines or recommendation on any course of action to be followed by the reader. Please read the detailed Terms of Use of the web site.

Australia have moved to the top of the Test and T20I rankings for men while England continue to lead the men's ODI rankings after the annual update carried out on Friday, which eliminates results from 2016-17. In the latest update, that rates all matches played since May 2019 at 100 per cent and those of the previous two years at 50 per cent, Australia (116) have taken over from India as the top-ranked side in the ICC men's Test team rankings with New Zealand (115) remaining in second place. India are now third with 114 points.

With only two points separating them, this is the second closest the top three teams have been since the Test rankings were launched in 2003. The closest for the top three teams were in January 2016, when India had led Australia and South Africa by a single point. India have yielded the top spot for the first time since October 2016. This is largely because India had won 12 Tests and lost just one Test in 2016-17, the records of which were removed in the latest update. They had won all five series during this period including against Australia and England.

On the other hand, Australia had lost to South Africa as well as to India in the same period. South Africa have suffered the biggest rating fall of eight points, which sees them drop below Sri Lanka into sixth place. They had won three series in the period culled, while they have lost eight of their nine Tests since February 2019, playing against Sri Lanka, India and England. India still lead the ICC World Test Championship, a league comprising six series played by each of the top nine Test sides.

In the ICC men's ODI team rankings, reigning World champions England (127) have increased their lead over India from six to eight points. New Zealand remain in third place, three points behind India, The top ten rankings remain unchanged. By contrast, the updated ICC Men's T20I team rankings see plenty of changes. Australia (278) top the list for the first time since the T20I rankings were introduced in 2011. Pakistan, who had overtaken New Zealand to reach top position in January 2018 and then spent 27 months there, are now fourth with 260 points.

England have moved into second position with 268 points while India are up one place to third, just two points behind. Afghanistan are down from seventh to tenth while Bulgaria are the biggest gainers, up 12 places to 51st in the 84-country list of teams that played the requisite six matches in the past three years.

When the global T20I rankings were launched 12 months ago, there were 80 ranked teams. Since then seven teams have joined the table (Bermuda, Cayman Islands, Italy, Norway, Portugal, Romania and Turkey), while three countries (France, Isle of Man and France) have lost their rankings having played insufficient matches.

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The fund house said the remarks made by Jenny Johnson, president and CEO, Franklin Templeton during their quarterly earnings call were quoted "out of context" by media outlets

Franklin Templeton: The fund house has not given any clear indication about the possible timeline within which it will liquidate all its investments and return investors' money

Franklin Templeton Debt crisis: FT investors can hope to get better realisation of their locked investment if the market sentiment improves

Frank Miller brings King Arthur to Netflix! Netflix has revealed the first look at Cursed, a re-imagining of the Arthurian legend based on the illustrated novel by Tom Wheeler and Frank Miller.

Marriott International, Inc. was recognized as the #1 company for diversity across industries on the 2020 DiversityInc Top 50 Companies for Diversity list. The ranking also makes Marriott the highest-ranking hospitality company on the list for more ...

HDFC Bank's Aditya Puri has been ranked 36th in the US magazine Fortune's top 50 business persons list for 2016, and is the only Indian among three persons of Indian origin in the global rankings.

Switzerland tops for the first time the OECD fixed broadband ranking, with 39.9 subscribers per 100 inhabitants, followed closely by the Netherlands (39.1) and Denmark (37.9). The OECD average is 25.6, according to new OECD statistics.

Somalia is the 180 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Somalia averaged 174.93 from 2005 until 2019, reaching an all time high of 182 in 2011 and a record low of 144 in 2005. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Somalia Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Ukraine is the 85 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Ukraine averaged 79.69 from 2007 until 2019, reaching an all time high of 89 in 2011 and a record low of 69 in 2007. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Ukraine Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Ukraine is the 126 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Ukraine averaged 117.45 from 1998 until 2019, reaching an all time high of 152 in 2011 and a record low of 69 in 1998. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Ukraine Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Myanmar is the 131 most competitive nation in the world out of 138 countries ranked in the 2016-2017 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Myanmar averaged 134.67 from 2014 until 2016, reaching an all time high of 139 in 2014 and a record low of 131 in 2016. Competitiveness Rank in Myanmar is reported by the World Economic Forum. The most recent 2014-2015 edition of Global Competitiveness Report assesses 144 economies and indicates their position relative to the other countries and territories in the index. This page provides the latest reported value for - Myanmar Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Myanmar is the 130 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Myanmar averaged 155.12 from 2003 until 2019, reaching an all time high of 180 in 2011 and a record low of 129 in 2003. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Myanmar Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Uruguay is the 54 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Uruguay averaged 68.46 from 2007 until 2019, reaching an all time high of 85 in 2014 and a record low of 50 in 2017. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Uruguay Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.