NEW DELHI: A soon to be published study conducted People Research on India’s Consumer Economy (PRICE), a consumer research firm, made several startling revelations and busted long held beliefs about India’s middle class. For one it estimates the size of the Indian middle class on the higher side at 432 million. Second, it projects this […]Read More
NEW DELHI: Late last month, the Indian Space Research Organisation (ISRO) successfully launched its heaviest rocket, Launch Vehicle Mark-3 (LVM-3), putting in orbit 36 satellites of a UK-based satellite communications company. This was also the first commercial operation of LVM-3. India’s space economy is very, very low (about 2 per cent of the global space […]Read More
NEW DELHI: A few weeks ago, the Indian Space Research Organisation (ISRO) raised its performance bar yet again when its commercial arm successfully placed 36 communication satellites of London-based OneWeb in Low Earth Orbit (LEO)—the new genre of satellites. The satellites—part of a constellation of owned by OneWeb—proposes to reinvent communication by enabling processing of […]Read More
NEW DELHI: Unmindful of all the doom scrolling in mainstream media, Morgan Stanley last week put out a report on India that was not merely optimistic. It was a hosanna. Their outlier claim is that the next decade is India’s for the taking. “The four global trends of Demographics, Digitalization, Decarbonization and Deglobalization are favouring the […]Read More
NEW DELHI: Over the last weeks and months we have had mixed tidings about the Indian economy, even while the situation for the world is going from bad to worse. In India, inflation continues to be defiant and the rupee has steadily lost ground to the dollar. On the other hand, as we just saw […]Read More
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