India to enter high-speed internet era with Isro's new satellites

[powastick]

Satellite internet have a serious downside, 600ms latency compare to landline 20-30ms.

 

[randomradio]

You know our maid is paid INR 600 per month and she has 10 such homes to cater to. She makes INR 6000 per month and she will be barely above poverty line of 3.1 USD per day from her income alone. She has a 4G mobile (I kid you not!) and a JIO sim and watches youtube videos in the metro train while shuttling to work.

She's well above poverty line. The international poverty line is about Rs 1000 pm.

 

[EndangeredSpecies]

Satellite internet have a serious downside, 600ms latency compare to landline 20-30ms.

Satellite internet is only sensible for remote or moving locations like North east india or Ships or Airplanes.

She's well above poverty line. The international poverty line is about Rs 1000 pm.

Well, these days they say USD 3.1 per diem is the new poverty line. USD 3.1 per day means 93 USD or about 5000-6000 INR per month.

 

[randomradio]

Well, these days they say USD 3.1 per diem is the new poverty line. USD 3.1 per day means 93 USD or about 5000-6000 INR per month.

Even that's 1500 pm.

Poverty line is calculated in terms of PPP. The current PPP exchange rate for India is about 16 to a dollar. So $3.1 is about Rs 50 per day.

 

[EndangeredSpecies]

Even that's 1500 pm.

Poverty line is calculated in terms of PPP. The current PPP exchange rate for India is about 16 to a dollar. So $3.1 is about Rs 50 per day.

Theek hai janaab, mani aapki baat. She is not poverty line case. Still 6000 INR PM in B'lore is too less and yet she is enjoying youtube on Jio all the time! Fast Internet is cheap in a number of Indian cities.

 

[randomradio]

Theek hai janaab, mani aapki baat. She is not poverty line case. Still 6000 INR PM in B'lore is too less and yet she is enjoying youtube on Jio all the time! Fast Internet is cheap in a number of Indian cities.

I won't dispute that, but it's not going to last.

 

[EndangeredSpecies]

I won't dispute that, but it's not going to last.

May be, but it will settle down much lower than before. The genie is out of bottle on this one and its not going to go back.

 

[randomradio]

I never knew sticker prices increase your living standards. This is why I always laugh at Chinese who are obsessed with sticker prices or grades on report card or Nominal GDP. You live in a house, in your case some kind of cardboard apartment. A 500 Sqft shoe box in Sydney/Vancouver will cost 1 million dollars. Whats the use? We have bigger houses and in the best parts of B'lore. Plus we get house helps for almost no price. Keep on looking at your house prices, it won't increase your living standard.

BTW, you haven't told me, do you wash your dishes yourself or you have help for that? Do you have to clean and iron your stuff yourself or you have help for that? Do you get your breakfast served in your bed or have to haul your posteriors to cook it yourself? Do you get a regular massage in your own house or you just have those gym chairs to sit in?

Whats the point of having a 2 million dollar house in Vancouver if you have to do everything by yourself and your 250 K salary cannt even afford house helps or any luxaries after your mortgage etc. Most of the folks working for similar positions in India save and invest more than 80-90% of their after tax salaries. Only 10% of our salaries are enough to meet our expense. Beat that in Canada.

To add insult to injury even Ma'Bell overcharges you for your bandwidth. . You made a poor bargain for a Chinese.

India is basically heaven for HNWIs. The Chinese won't understand that. And westerners will be completely shocked by it.

I have 100 mBps and paying $75. That's peanuts to me. To Indian MBA working in Mumbai, its half his salary per month.

Super expensive.....
I can't believe you pay such huge money for so little data.
75 cad is a very small money for Canadians, less than one day's salary.
2000 rupees for a tiny 200GB? OMG, you r being ripped off even your income is extremely low.
(I guess PPP does not really work here)

Meh, cry your eyes out.

http://indiatoday.intoday.in/techno...launch-soon-hints-reliance-site/1/922850.html
Jio Fibre with 1gbps speed may launch soon, hints Reliance site

How does that sound?

 

[The_Showstopper]

India is basically heaven for HNWIs. The Chinese won't understand that. And westerners will be completely shocked by it.





Meh, cry your eyes out.

http://indiatoday.intoday.in/techno...launch-soon-hints-reliance-site/1/922850.html
Jio Fibre with 1gbps speed may launch soon, hints Reliance site

How does that sound?

ACT Fibre has already launched 1Gbps in hyderabad.

 

[Jlaw]

India is basically heaven for HNWIs. The Chinese won't understand that. And westerners will be completely shocked by it.





Meh, cry your eyes out.

http://indiatoday.intoday.in/techno...launch-soon-hints-reliance-site/1/922850.html
Jio Fibre with 1gbps speed may launch soon, hints Reliance site

How does that sound?

Fiber? Its not new here. Why brag to me?

 

[randomradio]

ACT Fibre has already launched 1Gbps in hyderabad.

Jio will come out with pan-India 1Gbps.

Fiber? Its not new here. Why brag to me?

You were bragging about a 100Mbps line for 75CAD. That's too expensive.

 

[ashok321]

The term you are groping for is GDP at constant dollars. Look for GDP at constant dollars in investopedia. It is also called Real GDP. You will be surprised as how much difference Nominal GDP has over Real GDP.

I am not groping anything but your funny interpretation of inflation vs PPP.

You have said the following:

GDP nominal means nothing, nominal does not adjust for inflation. It is a worthless measure for comparision, especially for quality of life.

So in other words, you are clearly saying; nominal does not adjust for inflation, it has to be PPP based.

Hence I shot back to you the question; "how would the US adjust its inflation according to your theory, because the US, Ecuador, Panama can not go in a PPP mode. Just because they are dollar based nations, and the same dollar is the benchmark of PPP.

Read "The Economist" world famous Big Mac theory or a burgernomics - A Harvard study case on PPP.

Our family is not HNWI. We are the usual upper middle class folks, yeah at time the annoying kind, mostly having multiple professionally qualified members in the family. You know 1 software engineer and 1 doctor type. It is the best time to be in India for such families. Heck a number of British folks are retiring in Mumbai.

Truth is universal. Perception of truth is not. The eye sees only what the mind is prepared to understand.

 

[rott]

Meh, cry your eyes out.

http://indiatoday.intoday.in/techno...launch-soon-hints-reliance-site/1/922850.html
Jio Fibre with 1gbps speed may launch soon, hints Reliance site

How does that sound?

The reliance jio offer is a home based wifi or data connection?

 

[takeiteasy]

Some tells JIO is launching a DTH with internet connectivity. I wonder when it is cloudy the internet will be down.
http://indiatoday.intoday.in/techno...ree-service-data-plans-cable-tv/1/920887.html

 

[EndangeredSpecies]

it has to be PPP based.

I never said that. You are putting words in my mouth now. There are more than two measures of size of economy. Your lack of knowledge in this regards is not my problem.

Here are few measues :

1. Nominal GDP in US Dollars which underestimates the non traded part of economy and over estimates the growth due to lack of adjustment for inflation. Hence not suitable for comparison.

2. Real GDP or Inflation Adjusted GDP or GDP in constant local currency : GDP expressed in local currency but adjusted for inflation.

3. Real GDP or Inflation Adjusted GDP or GDP in constant US dollars : GDP expressed in dollars but adjusted for inflation.

4. GDP in purchasing power parity : Tries to estimate the non-traded part of economy better.

None of this alone is a good measure of living standards. They are best estimated using a number of socio-economic measures and it is not as simple as a single figure. Hence Nominal GDP is a worthless measure of comparison for it even counts inflation as growth, Useless especially when you are dealing with standard of living.

The reliance jio offer is a home based wifi or data connection?

There is 4G connection for mobile and Fibre to Home connection for fixed line.

Truth is universal. Perception of truth is not. The eye sees only what the mind is prepared to understand.

I do not know how it relates to my post. Please elucidate, I am not as learned and philosophical as you are.