Social science researchers often need data and statistics to support their work. A subject like economics and finance largely consists of empirical evidences and rely on statistics heavily. Even sociologist and psychologist look for socio-economic indicators in support of their findings.
Though data is collected by governmental agencies but several database vendors have emerged who organize, add further value and sell commercially. Similarly there are several national and international organizations which have developed databases of different indicators and provide access on subscription basis.
Some of the important financial and statistical databases and their important features are described below.
2. Indiastat http://www.indiastat.com/default.aspx
Promoted by Datanet, New Delhi, Indiastat.com collects, collates and compiles in ready to use socio-economic information about India and its states and to make it available online.
Currently Indiastat.com is a cluster of 57 sites including India-specific, Sector specific and State specific sites rendering its dedicated services to the research fraternity from academic, professional and corporate world with authentic and comprehensive compilation of secondary level socio-economic statistical data about India and its states on more than 35 variables. The details are as under:
Further data is available in tabular form for the following areas.
ii. Banks and Financial Institutions
iii. Civil Supplies and Consumer Affairs
vi. Crime and Law
x. Electoral Data
xi. Environment and Pollution
xii. Foreign Trade
xiii. Forest and Wildlife
xiv. Geographical Data
xix. Labour and Workforce
xx. Market Forecast
xxii. Meteorological Data
xxiii. Mines and Minerals
xxiv. Per Capita Availability
xxvii. Social and Welfare Schemes
xxix. States and Union Territories
xxxiii. Urban Areas
4. India Statistics
India Statistics is another socio-economic online database brought Programme Implementation, government of India and contains subjects. The data is freely available and covers following sectors. out by Ministry of Statistics and official data on a wide array of
i. India An Overview
ii. Agriculture Sector
iii. Industry Sector
iv. Service Sector
v. Social Sector
vi. Miscellaneous Sector
Further data is available on each sector in tabular format and can be downloaded and saved for use.
Centre for Monitoring Indian Economy is a leading business information company established in 1976, it straddles the entire information food-chain – from primary data collection through analytics and forecasting. It provides services to the entire spectrum of business information consumers that includes governments, academia, financial markets, business enterprises, professionals and the media.
CMIE produces economic and business databases and develops specialized analytical tools to deliver these to its customers for decision making and for research. It analyses the data to decipher trends in the economy.
CMIE is a commercial organization and its databases are available on subscription basis only. Some of the important databases useful for social scientists are as under:
5.1 Economic Outlook
Economic Outlook consists of macro-economic forecasts and insights.
Prowess is largest database of financial performance of Indian companies and corporate sector It is powered by versatile software that empowers the user.
Tracking the creation of new capacities, from Intentions through implementation and completion.
5.4 Industry Analysis Service
A forward-looking analysis of 70 industries, presents forecasts of changes in capacity, production, sales, trade and prices.
The most comprehensive and reliable source of Indian commodity prices, market intelligence, crop forecasts and time-series data for agricultural commodities.
5.6 Consumer Pyramids
This database compiles results from India’s largest survey of households with over 140,000 households surveyed every quarter
5.7 States of India
A comprehensive compilation of State-level statistics, supported by official statistical documents from state governments
6. Capitaline Plus
Capitaline Plus provides fundamental and market data on more than 20,000 Indian listed and unlisted companies, classified under more than 300 industries, along with powerful analytic tools. Company section of Capitaline Plus has extensive financial and non-financial information on Indian companies. Coverage of data on each company includes Balance Sheet, P & L, Segment Finance, Funds Flow, Cash Flow, Forex, R & D, Key Ratios, Quarterly Results, Finished Products, Share Price data, Raw Materials, Price Chart, Share-holding Pattern, Corporate events, Directors’ Report, News, Research & Analysis and much more.
7. ISI-Emerging Market
Internet Securities, Inc. (trading as ISI Emerging Markets), was founded in 1994 and acquired by Euromoney Institutional Investor PLC in 1999. It delivers hard-to-get information on more than 80 emerging markets through its online Emerging Markets Information Service. It aggregates and produces unique content including full-text news articles, financial statements, company information, industry analyses, equity quotes, macroeconomic statistics, and market-specific information, which are derived directly from more than 13,000 local and global publications.
7.1. Type of Information
- Company information (Analyst reports, News)
- Country information (Country profiles, Economy, Emerging markets, News, Statistics)
- Industry information (Industry reports: Agriculture, Automotive, Banking, Beverages, Business and professional services, Chemical, Computing, Construction, Cosmetics, Electronics, Energy, Financial services, Food, Healthcare, Household appliances, Information technology, Insurance, Leisure, Machinery, Metal, Mineral and mining, Paper and packaging, Printing and publishing, Petrochemical, Pharmaceutical, Telecommunication, Textile, Tobacco, Transport, Utilities).
8. CEIC Asia Databases http://ceicdata.securities.com/cdmWeb
CEIC Data Company Ltd. specializes in providing high quality databases, focusing on Asian economic, industrial and financial time-series data, and company fundamental data.
• Cover 13 Industry Sectors, including
• Chemical and Petrochemical
• Energy Insurance
• Metal and Steel
• Mining and Manufacturing
• Transportation, Post and Telecom
9. World Bank Online
Statistics form the foundation upon which sound policy is built. The mission of the World Bank’s Data Group is to provide high quality national and international statistics to clients within and outside the Bank and to improve the capacity of member countries to produce and use statistical information.
• World Development Indicators Online (WDI) provides direct access to more than 800 development indicators with time series for 209 countries and 18 country groups from 1960 to 2008, where data are available.
• Global Development Finance Online (GDF) provides direct access to more than 200 debt and financial flows indicators for the 128 countries that report public and publicly-guaranteed debt to the World Bank Debtor Reporting System. These data run from 1970 to 2016, where available. (updated February 3, 2010)
• African Development Indicators Online (ADI) contains over 1,400 indicators and time series from 1960 for 53 countries, where data are available. Data include social, economic, financial, natural resources, infrastructure, governance, partnership, and environmental indicators.
Thus it can be seen that there are several database available online to researchers containing statistical information in different areas of economy. These databases allow researchers with solid empirical evidence in support of their work and immense value to it. Most of the Universities subscribe to these databases for the use and benefit of their students and teachers. The biggest advantage of these databases is that they are updated on daily basis and contain highly up-to-date information.
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