The research team led by Nikku Madhusudhan at the university’s Institute of Astronomy used the mass, radius, and atmospheric data of the exoplanet K2-18b, and determined that it is possible for the planet to host liquid water at habitable conditions beneath its hydrogen-rich atmosphere. … [Read more...] about Cambridge team finds potentially habitable exoplanet twice Earth size
Spending habits of millennials
By Rajat Gandhi Much before the monetary system existed, one of the oldest forms of economic system that predated even recorded history was the Barter system. Simply put, it is a reciprocal system where goods and services were exchanged for other goods and services without the use of money. However, one of the biggest drawbacks of the system was the "double coincidence of wants" or which meant that each contributor has to want what the other has to offer. Finding the right person to fulfill each need was difficult and as desires became complex, barter system was found wanting. Sadly, for the prehistoric people, there was no technology to bridge this gap. Sharing and collaboration are ingrained in human culture and dates back to the time when someone discovered fire. Technology, today has given an entire new meaning to sharing and collaboration, with many now claiming the world is experiencing a "sharing economy". This, however, remotely does not mean that we are getting to a stage … [Read more...] about Six reasons why the sharing economy is built for millennials
The first advance estimate of gross domestic product (GDP) growth for 2018-19 released by the Central Statistics Office on Monday paints a mixed picture of the economy. The GDP growth rate for the full year is projected to be at 7.2%, which is significantly higher than the growth rate of 6.7% achieved last year. Many sectors of the economy are projected to do better than they did last year in the aftermath of the twin shocks of demonetisation and the rollout of the Goods and Services Tax. Sectors such as manufacturing and construction, for instance, are projected to grow at a healthy pace of 8.3% and 8.9%, respectively, both of which are higher than the growth rate of below 6% that each sector witnessed last year. Interestingly, the CSO’s growth estimate for 2018-19 appears conservative and is lower than the estimates made by institutions such as the Reserve Bank of India and the World Bank. A worrying trend in the economic data is the recent sequential deceleration in growth … [Read more...] about Caution ahead: on economic growth and election spending
By Sandeep Dutta Being so-called ‘woke’ is getting increasingly important to Gen Z as they struggle to come to terms with the flaws of the society that they have inherited from their predecessors. ‘Woke’, an American term which refers to a heightened awareness of issues concerning social and racial justice is now a part of the Gen Z lingo and has come to mean sharp social consciousness. Millennials for long were known as the altruistic generation but Gen Z seems to have surpassed them. Millennials, after all, were raised during the boom times and relative peace of the 1990s, only to see their sunny world dashed by terrorist attacks and recessions. Generation Z, by contrast, has had its eyes open from the beginning, coming along in the aftermath of those cataclysms in the era of the war on terror, hardening of national borders and economic uncertainty. A 24-hour news cycle that relentlessly pushes out information via myriad channels means these avid digital … [Read more...] about GenZ wants to ‘stay woke’. Can brands help?
Star India has announced its schedule for Season 13 of the Indian Premier League (IPL) that starts next month, setting down a long 57-day calendar for an event that has managed to inveigle its way on to the advertising plans of almost every brand in the country. … [Read more...] about Despite high rates, brands get ready to bat for IPL