Energy drives the modern industrial economy. And for decades, fossil fuels have been powering our growth because they are relatively easy to transport and store. Currently, around 80% of global energy comes from coal, oil, and gas. Declining availability of fossil fuels and the need to decarbonize the earth has led to a frantic search for…
by Rajesh Ravi - November 22, 2022Indian pharmaceutical sector is booming and investments are pouring in. And, there are plenty of reasons to rejoice. The country is known as the pharmacy of the world and supplies 40% of the generics to the US and about 25% of the prescription drugs to the UK. Exports are robust and the domestic market is…
by Rajesh Ravi - November 18, 2022A cup of coffee can make some moments in life more piquant. But do you know that climate is playing truant with the coffee beans, and soon it could taste differently and get scarce? Production of beans declined last year as Brazil, the world’s leading grower of coffee, suffered its worst drought in 90 years…
by Rajesh Ravi - November 16, 2022The climate crisis seems to be getting grimmer and the consequent impact on our life could be worse than our initial assessment, says a report by the United Nations. Inadequate actions by countries to reduce emissions could increase global warming and trigger extreme events. Time is running out to reduce emissions that are leading to…
by Rajesh RAvi - November 15, 2022The pandemic was a tipping point for online gaming. Consumption of online games surged during the lockdown and has eventually become a habit for many. Indians are now looking at online gaming as a proper means to take a break from work, a source of rejoicing, recreation, and engagement. It is one of the fastest growing markets…
by Rajesh Ravi - November 11, 2022Do you carry coins in your purse? Or, how often do you use cash for any purchase? Have you noticed that many of us rarely use cash for our regular consumption and the share of cash in our total consumption has dwindled in the past few years? It is not a secret that we are…
by Rajesh Ravi - November 10, 2022Transition to cleaner energy has speeded up across nations primarily due to the energy crisis caused by the Russian-Ukraine conflict, according to the International Energy Agency (IEA). The Russian-Ukraine conflict and the consequent drop in the supply of fossil fuel is likely to have a profound and deep impact for decades to come. The report…
by Rajesh Ravi - November 9, 2022More than 80 million Indians made their first digital merchant payment during the pandemic. Initially, maybe it was the fear of the virus that drove them to utilize contactless payment technology. But, the use of digital payment did not lose pace even after the virus receded and payments through the Unified Payments Interface (UPI) touched…
by Rajesh Ravi - November 8, 2022Kantara, a Kannada movie made with a small budget and which uses very regional symbols to tell the story has the cash registers ringing across India. It is the second Kannada film in 2022 to catch the fancy of viewers across the country with its unique content. PVR Cinemas has tweeted that Kantara continues to have…
by Rajesh Ravi - November 7, 2022After months of dithering Elon Musk has finally acquired the social media platform Twitter. The $44 billion acquisition by the richest man in the world is likely to have a huge impact on the company, which has been under pressure lately for the huge number of bots (fake accounts). Just like his personae, he made…
by Rajesh Ravi - November 5, 2022