Current Affairs - National - Discussion

India has secured 9th rank out of top 50 valuable national brands, according to a report titled 'Nation Brands 2018' released by Brand Finance, a leading brand valuation and strategy consultancy. India was ranked 8th in last year's report but slipped by a spot to the 9th rank, despite its brand value rose by 5%. India's brand value was $2,046 billion in 2017 and has increased to $2,159 billion in 2018. The US topped the list with a brand value of $25,899 billion which rose by 23% from last year. China is at the second spot with a brand value of $12,779 billion. China's brand value saw an increase of 25% from last year.