The Neon Show

After India’s big economic shift in 1991, each state grew at different rates—but they didn’t all get there at the same speed. Western and southern states saw major benefits, while many in the east and north struggled to keep up. In fact, by 2021-22, the per capita income in the top five states was 3.3 times higher than

The breakup of the Soviet Union in 1991 was a game-changer for India, shaking up its economy, defence strategy, and foreign relations.  For years, the USSR had been India’s largest trading partner, pumping in vital support through the rupee-ruble trade agreement.  But then, December 25, 1991, arrived, and the Soviet Un

From Baker"s Son to Global Investment Legend. Mark Mobius is known as a foundational figure in emerging markets investing. He is the chairman of Mobius Emerging Opportunities Fund. Before that, he led the Templeton Emerging Markets Group for over 30 years, during which the group"s assets under management grew from $100

In 1947, India gained independence with a per capita of around $2000(adjusted with inflation). But over the next few decades, the govt adopted socialist policies, emphasising self-sufficiency and state-led development. As a result, India’s economy grew at a slower pace of 3.5% per year. In 1991, India introduced a seri

How the 1991 crisis got India to rethink its economic approach. By early 1991, India’s reserves were nearly gone. The government took a desperate step—it sent 67,000Kg  of gold abroad to secure a loan from the IMF. This was a last-ditch effort to avoid default, but it only bought a little time. But soon, the govt colla

In the competitive world of online grocery shopping, BigBasket is a name that stands out. But how did they get here? By 2011, smartphones were everywhere, and you could buy almost anything online—except groceries. The co-founders decided to try the grocery game online again, leading to the birth of BigBasket. In 2015,