india Archives - Foreign policy

Dalai Lama Net Worth 2020 – Political and Spiritual Leaders

Published on May 27, 2020June 4, 2020

No matter the religion you’ve surely heard of Dalai Lama. But did you know that Dalai Lama is not one person? As a matter of fact, Dalai Lama is a title that is given to a specific Buddhist Monk from Tibet, and Dalai Lamas are political and spiritual leaders. But they are not like the other political leaders from around the world, they are calm, wise and compassionate. Currently, the 14th Dalai Lama is LhamoThondup. We are going to share with you some more information about him and his net worth.

Early life

LhamoThondup was born in Taktser, China, on July 6, 1935. He was born in a family of peasants, and he was one of the seven kids from this family. Early in his life, it was noticed that he possesses exceptional spirituality, and he was proclaimed as the Dalai Lama when he was just 2 years old. His name was changed to Tenzin Gyatso, and his spiritual education began when he was 6 years old. Before his 15th year, he learned about Buddhist philosophy, Tibetan art and culture, and other world philosophies, and when he was 15, he was given the full power of the 14th Dalai Lama.

He spent his whole life in solitude, as a hermit, and he didn’t ever get married, because he is the supreme Buddhist monk, and Buddhist monks do not get married. Since the 1960s he is living in India, because he had to escape there, from Tibet, due to the bad political situation at that time. Even he is a Buddhist monk, he is highly respected in India. People from India demanded that to confer him with Bharat Ratna, but the government from India didn’t decide what to do about that demand yet.

Career

Dalai Lama controls the reign of Tibet and Lhasa, as a political and spiritual leader. Tibet always had a strained relationship with China, and that’s why Dalai Lama had to flee to India. Dalai Lama tried to reconcile with China, but he was not successful. He tried that when he was living in Tibet, and even the whole time he is in India. The relationship with China is still very bitter, and it is a question whether they will ever reconcile.

Now he advocates for peace, harmony, health, international organizations, women’s rights, non-violence, science, social issues, and many other topics that are very important in today’s world. Dalai Lama retired from Central Tibetan Administration, in 2011, and now he is only a spiritual leader. Being the spiritual leader, he promotes peace and love.

Dalai Lama won many awards and honors for his unselfish contribution to world peace. He also won a Nobel Peace Prize and World Security Annual Peace Award, Lifetime achievement award, Human rights award, and many others.

Net worth

Today he is a spiritual leader, but before that, he was a political leader, an author, and an actor. He made an appearance in some philosophy films. He wrote more than 50 books, and he was very successful and talented as an author.

His books are still very popular among his followers, and other people that are interested in Buddhism. He is a spiritual leader, but his estimated net worth is an astonishing $150 million. But he has nothing to do with that money because all of it goes to his charity.

Best 7 Seater Cars in India 2020

Published on May 25, 2020June 1, 2020

Cars

As we know, India always had the image of an ancient land that takes pride in its unique traditional values and culture. Also, we know that India has always been a land which consists of huge families. Not too long ago, there was a time when Indian families had ten members. Today, the situation is somewhat different, because parents decided that having 10+ children could potentially introduce them to economic and health problems, so they limited themselves to about six or seven children per family. Around that time, there were no cars who had enough seats for all of the family members. So, the car manufacturers needed to find a certain way to satisfy these needs.

Today, Indian car manufacturers found a way to make vehicles that could have seven people inside them at once. This type of vehicles is called MPV, or multi-purpose vehicles. They were created in order to satisfy all the needs of an average Indian family. In the last ten years, the Indian market is literally flooded with multi-purpose vehicles. Plus, ten years ago, you had a handful of MPV manufacturers. Now, there is a plethora of them, especially for the Indian market. So, now you have many options to choose from when looking for the perfect MPV for you. All of the multi-purpose vehicles are available within all price ranges. So, in order to help you choose the best one, we created a list of the best 7-seat cars you can find on the Indian market.

Tata Hexa

Tata motors almost reinvented itself and reimage itself as one of the most successful automakers in modern time, especially in 2020. Originally, Hexa was launched by tata om 2016, which was based on the new design philosophy and it is much better than Indica and Aria, older models of Tata. Surely, this is the version of tata you can heavily rely on. The sound system in the car features an audio system of 10 speaker JBL, which is controlled by a somewhat small touch screen interface, which is only 5 inches long.

When it comes to safety features, we can say that this MUV has a standard six dual-airbags and ABS. The third row is roomy and spacious when compared to the other is the segment in terms of space. The XE base variant of this seven-seat car is producing 400 nm and 154 hp. The engines are somewhat efficient with their mileage of 17.6 kmpl. This car is very comfortable and soft, and it is unlike any Tata vehicle you have ever drive and seen before.

Toyota Innova

Toyota has been the champion of MKV production fore more than a decade. Their most popular multi-purpose vehicle is Toyota Innova. This is a car with the most class and is equipped with a very powerful engine. Also, Toyota Innova is like a comfortable, plush seven-seater sofa, which can take people on long and short drives as well. The original vehicle was powered by a 2.5-liter engine which churned out 200 nm of torque and 101 bhp of power. Plus, it has a five-speed gearbox with the engine and smooth shifts.

Even though this vehicle is pretty large in size and bulk, the Toyota Innova is not very susceptible for too many vertical pitch or body roll. It features three rows of air condition vents which are there to ensure that all three rows of passengers experience the breezy comfort throughout the summer heat, which is pretty common in some parts of India. Despite all the changes and updates, this vehicle has suffered since the original vehicle, in the end, Toyota finally decided that should choose Innova Crysta renovation.

Mahindra Marazzo

This vehicle is known for its powerful engine who runs on diesel which is used in many powerful vehicles like XUV500 and Scorpio. Having them tested and tried, they proved comfortable and reliable, so it is surprising that seven-seat car`s manufacturers decide that they want to include them in the construction of the car. It is powered by two engines, and both of them are run on diesel. The first is 2.2L mDI CRD (218 nm, 94 bhp) and 2.5L mHawk (280 nm, 118 bhp).

The wishbone, double, front suspension and the beam twist setup on the rear is one of the best Mahindra vehicles so far. It has very comfortable seats, and the ample space is translating into a pleasant experience even when the drive is occurring above the bumpy roads. Furthermore, this car comes with a certain lifestyle and safety features. You can find features like dual airbags, EBD, ABS, and wheel disc brakes. Rear air-con and a responsive seven-inch interior offer the possibility of putting sensors and cameras in the car.

Maruti Suzuki Ertiga

Ertiga from Suzuki looks like a car you can see at Mamaji and the Ritz. It is based on the Swift, extended platform, Maruti calls Ertiga the first tryst among MPV. In the last decade, Maruti has come a long way in terms of design and engine on the top of the MPV list. In the beginning, some people joked that it looks like a car that is perfect for kidnapping. Maruti comes in two power options 1.3L diesel (200 nm, 89bhp) and 1.4L petrol (130 nm, 94 bhp). It feels like the petrol variant is somewhat smoother than those other two, but the diesel looks like a better option when it comes to the economic factor.

This was the first vehicle on this list of our that has a sport-like lightweight chassis, which makes this car negligible to body roll and highly drivable than other 7-seat cars you can find in India. Its a-pillar can take some time until you get used to it, but it has to be considered how it obstructs the view sometimes. This is a very good-looking MPV, which can become even better after some adjustments are made in the middle row. This can make a certain amount of extra space for passengers’ seats in the third row. Plus, you only need to add India friendly tag to the Maruti, and the competition has the reason to be nervous.

Best Laptops Under 40000rs India 2020

Published on May 25, 2020June 1, 2020

Technology

Can you imagine the world without the existence of laptops? Well, it seems as if this is impossible since they have become an integral part of our lives, both personally and professionally. There are numerous types and models of laptops on the market, and each one of them has something unique to offer to its customers, the point being to find the best one for a reasonable price. If you are looking for a laptop in India, we would now try to find out which laptops are the best laptops under 40000rs in India in 2020.

1. HP Notebook 15-DA0326TU

First of all, this laptop uses an Intel Core i3-1700U processor. It should also be added that the laptop uses Intel HD Graphics 620. We should also mention that the laptop also has a RAM of 4GB and it is a DDR4 one. When the display is concerned, we should mention that it is of 15.6 inches and that the resolution of the display is 1,920 x 1,080 pixels. The display concerned is an FHD one. The overall storage capacity of the device is 1TB, and it uses an HDD storage. As far as the advantages of the laptop are concerned, we should mention that the display is a Full HD one and that the device also uses a DTS audio system that has dual speakers. The overall performance of the laptop is great, but many people say that the graphics is not as strong and as good as it should be for the device like this. The problem here is the fact that the graphics are integrated.

2. Dell Inspiron 3567

When we are talking about this laptop, we should point out that the laptop uses an Intel Core i5 processor and that this processor has been connected to Intel HD graphics. When we are talking about RAM, it should be mentioned that it is a DDR4 one and that it is of 4GB. The display is very good, and its size is 15.6 inches. It should also be added that the display is an HD one that has the resolution of 1,366 and 768 pixels. The storage capacity of the unit is 1TB, and it is an HDD drive. One of the best things about this laptop is the life f the battery, which is great. It should also be noted that the combination of the processor and graphics here is great. On the other hand, customers find the entire design of the laptop a bit dull.

3. Acer Aspire E5-575G

To begin with, the manufacturer has decided to use an Intel Core i3 processor under the hood of this laptop. It should be also added that this processor begins to the 6th generation. The manufacturer has also decided to use a dedicated graphics card that would be of 2GB. To be more precise, the manufacturer has decided to go for Nvidia GeForce 940MX. As far as the RAM is concerned, it should be mentioned that it is a DDR$ one of 4GB. The display diameter is 15.6 inches, and it should also be added that we are talking about an HD display that has the resolution of 1,366 x 768 pixels. As far as the storage capacity is concerned, it is an HDD one with the storage space of 1TB.

4. Dell Inspiron 15 5000

Regarding this one, the manufacturer has decided to put an Intel Core i5 processor under its hood, and it should also be noted that the processor would belong to the 7th generation. As far as the graphics are concerned, it should be pointed out that the manufacturer opted for the integrated graphics that would be an Intel HD 520 one. One of the best things about this laptop is the fact that the RAM is great and that it is a DDR4 one of 8GB. The size of the display is 15.6 inches, and the best thing about the display is the fact that this is a full HD display with the resolution of 1920 x 1080 pixels. As far as the storage capacity is concerned, it has been provided by the HDD driver and the overall capacity is 1TB. The audio support used for this one is MaxxAudio Pro, which has a great audio output and quality.

5. Asus X541UA-XO561T

First of all, it needs to be pointed out that the device works best on Windows 10 OS. Secondly, it should be mentioned that the manufacturer has decided to equip this laptop with an Intel Core i3 processor, and it should also be mentioned that this processor belongs to the 6th generation. The graphics that the manufacturer decided to pair with this processor are an integrated one, and we are talking about an Intel HD 520 graphics. As far as the RAM is concerned, the one used under the hood of this laptop is a DDR4 one with 4GB. We should also point out that the diameter of the laptop is 15.6 inches and that this is an HD display with the resolution of 1366 x 768 pixels. The storage capacity of the laptop is 1TB HDD.

6. Acer E5-575 Core i5

When the specifications of this laptop are concerned, we should point out that the manufacturer has decided to use the 6th generation of a processor under its hood. More precisely, the laptop has an Intel Core i5 processor that has been paired with the Nvidia GeForce 940MX. It should also be mentioned that the graphics are integrated. When we are talking about the RAM, we should also point out that it is a DDR4 one with 8GB. The display size is 15.6 inches, and the display is a full HD one that has 1366 x 768 pixels of resolution. The HDD is used for the storage capacity, and it is of 1TB. Many people have complained that the battery on this one does not last for a long time and as expected.

7. Lenovo Ideapad 320

To begin with, when making this one, the manufacturer has decided to use the 7th generation of the processor under the hood of the laptop. More precisely, the laptop is running by an Intel Core i5-7200 processor that has been paired to Nvidia GeForce 940MX graphics. When the graphic card is concerned, it should be mentioned that it is an integrated one that has 2GB. A lot of attention has been paid to RAM, and DDR$ one has been used and of 8GB. The display used here is one of 15.6 inches. It should also be added that the manufacturer has opted for a display that is an HD one and that has the resolution of 1366 x 768 pixels. As far as the storage capacity of the device is concerned, it should be mentioned that the manufacturer opted for an HHD one at 5400 RPM and the capacity being 1TB. It should also be noted that this laptop is perfect for gamers since the manufacturer has decided to use a great audio system. More precisely, we are talking about a Dolby Audio system which has been connected to Harman speakers that have been incorporated into the device.

Priyanka Chopra’s Romantic History

Published on May 23, 2020

Celebs

Priyanka Chopra and Nick Jonas are happier than ever! The two married in December 2018. But who did Priyanka date before Nick? Here’s a look back at her relationship history.

Before fame, Priyanka was linked to the Bollywood actor. However, things didn’t last long. Their relationship ended in 2000 when she won Miss World.

It’s a very big thing for India to have a Miss World from India. Aseem reportedly tried making a movie about Priyanka. Priyanka was not pleased about this. He insisted the movie wasn’t about her. However, he soon distanced himself from the project.

Priyanka was in “Andaaz” with Akshay in 2003. Although Kumar was married, rumors swirled about them. The actors later did three more films together. Relationship or not, their on-screen chemistry was undeniable.

“They had this amazing romance which was happening and you know, being the only girl on set is always fun.”

Priyanka and Harman starred in “Love Story 2050” in 2008. Sparks flew, and they reportedly began dating. However, the relationship was short-lived. The film tanked at the box office. It’s believed this is what led to their breakup. They starred in the 2012 movie “Teri Meri Kahaani.” Rumors swirled that they were dating. However, neither ever confirmed their relationship. After filming, the two reportedly moved on. Shahid later married Mira Rajput in 2015. Priyanka finally found love with the JoBro member. The two first met in 2017.

They were at the Vanity Fair Oscars afterparty. Nick didn’t waste any time. He reportedly got on one knee when he saw Priyanka. He asked where she had been all his life. From there, they began texting. They soon walked the Met Gala red carpet together. Ralph Lauren had invited them both as guests. We know each other, so we were just like, “Hey, you know what, let’s go together!” And I was like, ok, let’s go together.

Now, they always grace red carpets together. In May 2018, dating rumors began circulating. By July, they were engaged. Jonas reportedly took Chopra to Tiffany and Co.There, she selected the ring of her dreams. Talk about romantic! The two were married in December 2018. They had a multi-day celebration in Jodhpur, India. The guest list included Sophie Turner and fellow JoBros. Priyanka was even in a Jonas Brothers video. Priyanka finally met her match. And they couldn’t be more adorable together!

Rajinikanth Net Worth 2020 – Famous Indian Film Maker

Published on March 24, 2020

Net Worth

Rajinikanth is one of the most famous and popular actors, screenwriters and film producers in India. His work is appreciated both by the critics and the audience. Due to his success he is also one of the most talked-about persons both in India and worldwide. People are often intrigued with the big amount of projects he has been a part of. Therefore, they often ask themselves how it is possible to achieve such great success and work on high-quality movies at the same time. If you are interested in reading more about this Indian celebrity, including his bio, personal life and net worth, take a look at the article below.

Bio

He was born on December 12^th 1950 and he was given the name Shivaji Rao Gaewad. While he was young he was very interested in sports and education. Furthermore, he was also interested in learning about math and spirituality.

Upon finishing his school education, Rajinikanth has done many types of jobs. One day, he got the opportunity which will change his life. The playwright Topi Muniappa offered him a role in his mythological play. This event led Rajinikanth to enroll into an acting course in order to study as much as possible about this industry.

Also Read: Bear Grylls Teams up With Rajinikanth

Since then, he has come a long way. Today he is the author of many notable films. His first lead role was in the movie called Chilakamma Cheppindi (1977). Up to this day he has been a part of over 150 projects. Some of the most notable and famous ones include movies Kaali, Chilakamma Cheppindi, Sivaji, Paayum Puli, Kabali, etc.

Personal Live

Rajinikanth is married and has two children. In 1981 he married Latha Rangachari. When the couple met, she was a student who interviewed him for a collage magazine. Their daughters are named Aishwarya and Soundarya.

Rajinikanth Net Worth

The estimated net worth of this film maker in 2020 is around 70 million dollars. The majority of his incomes is from his engagement in the film industry. He earns both from acting and producing.

He is known as a big fan of cars and owns different types and brands of them. Also, even though he lives in a luxurious bungalow, he says that he respects the true values of life and that he leads the simple life.

Conclusion

Rajinikanth is one of the most famous figures in India. Besides his big success he is down to earth and hugely respected. Not only is he very philanthropic and been a part of numerous humanitarian activities, but he has also been awarded for numerous performances. Due to the fact that his popularity doesn’t seem to decrease in India, everybody is eager to watch his works of art in the future.

Best Countries To Expand Your Business

Published on December 9, 2019April 13, 2020

Business

Starting a business can be quite intimidating, that’s for sure. As you are, most likely, investing your own personal assets, the turn-out for you, should things go south, would most likely have a negative impact on all aspects of your life. For most, the stress is not worth the payout, and thus they resort to becoming employees all of their lives. For those who are brave, however, starting a business is an investment-worthy of their time and money. While definitely a huge leap of faith, with the right amount of preparation, knowledge, and people helping, starting a business can definitely change your life.

A business owner has no right to relax even once the business has been established and has created firm roots in the industry. The next step on the mind should be to expand. It doesn’t take a business degree to know that global expansion is a very risky venture that could turn the tides for your company. Just like with the decision to start a business, this endeavor is scary and has the potential to deplete your resources when not done properly. However, leading your organization to success could really change the field for your company.

Having said that, here are some of the best countries to start a business.

Thailand

With a GDP of $455.2 billion pesos, Thailand is one of the best countries in Asia to start a business in. Originally starting out as one of the Tiger Economies in Asia, Thailand experienced a formidable growth spurt in the 1990s.

Blessed with hardworking people and natural resources to boot, establishing a business in Thailand would be one of the best decisions that you make. As a developing country, the cost of labor in Thailand is considerably cheaper than that of other countries. The minimum wage for workers in Thailand is around $8.5 a day, a far cry from the minimum wage in the US of $8 per hour.

Housing over 68 million people, Thailand showcases different cultures such as Indian, Cambodian, Chinese, etc. This is definitely one of the biggest advantages when it comes to business, as it only means that there will always be a group that you can cater to. The Thai government, to promote foreign investments, also offer many tax incentives to support their own national development.

China

Having a Wholly Foreign-Owned Enterprise or WFOE in China is one great investment for your company. For starters, the Chinese government is extremely supportive of private ventures. By providing extensive support such as incubators and subsidies, there are now many foreign investors that are boosting their own economy. The Chinese consumer market is also growing together with their financial propensity and consumer behavior. In fact, Chinese employees are one of the most sought after employees in the world as they are very hardworking. Moreover tourism is also growing in China, as there are many attractions to see there, for more information on this specifically you can feel free to visit this website.

Aside from that, the operating costs in China are extremely low as compared to other countries making it an ideal country for global expansion. Just because the labor costs are low does not mean that the workforce is unskilled. In fact, Chinese employees are one of the most sought after employees in the world as they are very hardworking.

For more information about WFOE in China, you can visit here.

Mexico

Why look too far when you’re trying to expand your company globally. Instead of venturing too far out, try neighboring countries first, such as Mexico. Just south of the border, Mexico provides a new haven for your business. There are many benefits that come with starting a business in Mexico.

First of all, the laws concerning businesses are much more lenient and less invasive as compared to that of the US, thereby giving you freedom with what you want to do with your company. The resources that companies need to shell out to operate are also lower, which is a huge factor as to why many organizations decide to migrate their business over to Mexico. Regardless of the industry that you are in, it is also quite likely that there is less competition in Mexico than in the US.

New Zealand

When it comes to economic growth and stability, nothing truly beats New Zealand. Despite being a small nation, both land and population-wise, the country of New Zealand are known for its steadily increasing GDP. Its government has provided laws that would provide a discount on taxes for small businesses whose annual income falls below NZD 38, 000. This is very much indicative of its supportive behavior towards foreign investors and businessmen.

New Zealand is also known for its work-life balance. This means that your employees are fully motivated and are not mentally drained from their previous jobs, which translates to higher productivity.

If this is not enough to convince you, then this will, according to the 2016 World Bank Doing Business survey, New Zealand topped the list as one of the easiest places in the world to start a business.

India

India is known to be one of the best countries to start a business in. Aside from its high population, meaning a large market to tap on, the Indian economy is also expected to grow further as it transforms most of its rural areas into urban areas with its population leaving the low-income level and joining the middle-income strata.

Looking for Indian employees would also not be a problem as this country boasts of a labor force consisting of over half a billion people, most of which are under 30 years of age, the prime age for employability. The operating costs in India, just like its living costs, are comparably cheaper than with other countries making India ideal for startups as fewer resources are needed.

Just in the past decade alone, the Indian government has passed dozens of bills that are extremely beneficial to the industrial sector, making it a perfect hotspot for economic activity.

Of course, just because you start your company in these countries does not automatically mean that the road ahead would be easy or that it would immediately translate into success. No matter how welcoming the location is, if your business model is faulty, then the chances for survival would still below.

An Introduction to Telugu Music Genre

Published on November 9, 2019April 18, 2020

Music

The world of music is pretty fascinating, and if you are a hardcore music lover, chances are that you’ve already found some genre that’s currently your favorite. It doesn’t have to be one, some people enjoy different genres of music and that’s absolutely fine. Today we’re talking about Telugu Music, a genre that you’ve probably never heard about since it originates from India and it’s still on the rise commercially. Let’s take a look at what you need to know.

What is Telugu?

Telugu is the language that the people of Andhra Pradesh speak. Andhra Pradesh is a state in India that has always been known for creativity, dancing, story-telling and making music. With all of this being said, you probably already know that Telugu Music is of high-quality, considering the fact that it’s made by people who basically “live” music every single day. Let’s take a look at some of the most interesting things we know about the Telugu Genre

Why is Telugu Music Special?

Telugu Music is special because the instruments that are used in order to create a Telugu song can only be found in India, and they’re very traditional and sacred to the people living there. Some of these instruments are hundreds of years old and they still look and sound the same today as they did back in the day.

Another really great thing about the Telugu Genre is the fact that almost every song is uplifting and happy, which is one of the main reasons why people get attracted to it so easily. Sure, sad and melancholic songs can sometimes feel good depending on our mood, but Indian people are known for cherishing life and celebrating every little cause, so it’s pretty rare to find a song that won’t lift up your mood. If you want to hear a couple of songs, preferably sorted by popularity, feel free to visit naasongs.

Where is Telugu Music mostly used?

Telugu Music is made and listened across entire India, but the biggest commercial use is in the Bollywood Film Industry. When a new film gets made, for each scene there is a Telugu song that’s specifically made for the movie. Even the opening and closing soundtracks and theme-songs are Telugu songs, and they’ve created exclusively for that purpose. This means that if you’ve ever watched a comedy or an action movie from the Indian cinematography, you’ve definitely heard at least a few Telugu songs.

With the Indian culture currently on the rise in many different fields, chances are that we will be hearing a lot more Telugu songs than we are right now. It is indeed true that the Indian cinematography and music industry both require a lot more attention, so let’s give them a little support and listen to a few of their songs. If you like a certain Telugu song, you can try to find in which movie it was used, and then maybe watch the movie as well. Who knows, you might end up liking it and then binge-watch a couple of them in a day.

Billionaire James Richman Thinks China and India Will Continue Being the Leading Economies Globally

Published on July 25, 2019

Business

Financial experts, as well as several news reports, have declared that a financial crisis is imminent in the near future.

The worry over this event has affected a significant number of countries which fear that the new crisis is going to be much more devastating than 2008 one.

Most probably, the crisis will spring from the United States, and eventually branched out in the rest of the world. As the saying goes: When the United States sneezes, the rest of the world catches colds.

Other economists foresee that the ongoing global expansion will likely push through into next year, but warns that conditions for a global recession will be ripe by the year 2020. They have pointed out that global stimulus packages are coming to an end, that inflation is nearing, that trade disputes will create a drag on economies and that interest rates are now on an inclined path. All observations are on point.

This predicament has a unique effect on the mindset of James Richman. The great Latvian private investor’s reception with regards to matters like this tends to trigger his talents into action. This is the main reason why Richman has successfully managed his private fund, JJ Richman, for more than ten consecutive years with increasing profits. He has always managed to circumvent problems presented by the market and turn them into winning situations.

James Richman’s private fund even survived and flourished in the recent financial crisis in 2008/09. He had already seen this situation arising as a small blip in the profit map, which he addressed by investing a significant amount of money in India and China. The blip on the map has now gotten bigger and with it, James Richman intends to increase his investments in the Asian countries.

China on the brink of dominance

Next year, 2020, will mark the moment China dethrones the United States as the world’s top economy. This is according to a fresh report by the Standard Chartered Bank. These results were gathered by analysts who surveyed the countries’ purchasing power parity (PPP) exchange rates and nominal GDP.

This monumental change is due to the strengthening of the middle class in Asian countries, explains the report. “The global middle class is at a tipping point,” according to Madhur Jha, a Standard Chartered researcher. “By 2020, the majority of the world population will be classified as middle class. Asia will lead the increase in middle-class populations even as middle classes stagnate in the West.”

India, the dark horse

India, meanwhile, is set to overtake the United States economy in the year 2030. This will be mainly because of the rapid and widespread urbanization.

Standard Chartered names India’s policies as the main proponent for this, saying, “India will likely be the main mover, with its trend growth accelerating to 7.8 percent by the 2020s partly due to ongoing reforms, including the introduction of a national goods and services tax (GST) and the Indian Bankruptcy Code.”

In comparison with China, India is the faster-growing country among the two. For three consecutive years, India has been outgrowing its neighbor to the North.

In 2017, India had a gross domestic product growth of 7.5 percent compared to China’s 6.9 percent. The International Monetary Fund calculates that in 2018-2020 India’s GDP growth would average 7.7 percent per year as compared with the 6.3% of China.

Human resource mine

Aside from making great strides in the economic race, India is also set to take top honors in terms of the total population by the year 2024. Projections were made by the UN’s Population Division.

It can not be overlooked that projections such as these may not occur on point, and will have sooner or later variance. Nevertheless, it will be inevitable, and India will overtake China as the world’s most populous within the next decade.

India’s population is not only abundant, but it is also youthful at the same time. As of date, at least half of the more than a billion population of India fall under the age of 25. Policies to provide future employment for this massive and youthful human resource will work wonders for the economy if the government manages to realize them.

Numbers not cast in stone

The looming financial crisis, as well as projections on who will be the most powerful economy in the future, are very solid numbers based on concrete observations. However, they are not cast in stone.

It must be noted that the manner in which this 2030 economic forecast measured the PPP at GDP. Some economists would opt for market exchange rates instead of PPP. In this case, the United States would still be on top by 2023 (the farthest available IMF forecast) and most likely to dominate until 2030. This manner of computation also has the U.K. having a comfortable lead against other top countries on the list.

Closed doors open windows

Despite the discussion on what measure must be used to truly determine the top economy of the world, it is still interesting that the Technology companies will be bumped off the number one position, which would have been unthinkable using any other means of computation a few years ago.

James Richman’s recent additional investments in India and China validates that he recognizes the potential in these states, and knows that they’re already aboard the train to progress. Technology companies, medical research, and development, healthcare and robotics are the sectors in which James Richman is said to be loading up on funds.

The rise of India and China seem to be pointing out that the economy is slowly proportioning itself to the states with the greatest populations. It may have carried problems like poverty, famine, and diseases before, but have slowly been balanced by technology. Modern technology it seems has helped equate that human resource is, indeed, the world’s greatest commodity.

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