india Archive

chinaIncome distributions show how far India has to go to create even a global middle class

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The Economist reports that India does not have a middle class and growing inequality it preventing the growth of a middle class. The top 1% of Indian adults, a rich enclave of 8 million inhabitants making at least $20,000 a …

artificial intelligenceThe Future of Asia is ultimately about AI, other advanced tech and economics

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Hugh White makes the case that America’s influence is decreasing in Asia and China is on the eventual but inevitable path to dominating Asia. Others make the case that the USA still has strategic options. Nextbigfuture believes the ultimate Future …

computersLess than 5% of India’s techies are ready for higher end AI and cloud computing work

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7 of India’s biggest IT companies including Infosys, Wipro and Cognizant are laid off 56,000 engineers in 2017. 2017 layoffs were double the level in 2016. This is because they are not prepared to adapt to newer technologies. Less than …

asiaChina passing the USA by 2030 and India passing Japan in 2027

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The Centre for Economics and Business Research (CEBR) forecasts that China’s economy will pass the USA in exchange rate terms by 2030. The report by the Centre for Economics and Business Research in London sees India leapfrogging the U.K. and …

googleIndia will deploy two thousand Google laser internet links for highspeed network backbone

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To make Project Loon a reality, Google had to figure out how to send data reliably between balloons flying on the stratospheric winds. One solution, first proved out by sending a copy of the film Real Genius across more than …

aseanAsian economies out to 2030, India third place world economy by 2028

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Japan Center for Economic Research has forecasted the Asian economies out to 2030. The center released its third Medium-Term Asian Economic Forecast for 2017 through 2030. The report, titled “Digital Asia 5.0 — Innovation changes economic power relationship,” puts the …

africaChina manufacturing workers earn 7 times more than some workers in Africa

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“China stopped being a low-cost manufacturing country many years ago,” Apple CEO Cook told the Fortune Global Forum in Guangzhou, capital of the southern Guangdong province, on Wednesday. He said the key for China and other developing countries facing rising …

batteriesElon Musk has won- all car companies racing to electric self driving cars, India and China will ban gas cars by 2030

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Elon Musk’s vision of electric self driving cars has won as all major car companies are making multi-billion dollar investments on electric self driving cars. The robotic ride sharing vision of the future has also won as GM and Ford …

chinaEconomies of China, USA, India from 2017 to 2030

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Here is a projection of the GDP in nominal and purchasing power parity terms for China, India and the USA out to 2030. On an exchange rate basis, China should pass the USA in the mid-2020s. India should pass Japan …

chinaToilets can save many lives and prevent rapes

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Having toilets makes your everyday life better. Globally toilets and sanitation can save millions of lives through disease prevention. Toilets can also prevent rapes. According to a study, women in India who use open defecation sites are twice as likely …