Basements flooded, space is free.

"This monsoon, several houses across Delhi-NCR have seen massive basement flooding," and "three IAS aspirants lost their lives when the basement library was flooded because of faulty sewerage systems," wrote E Jayashree Kurup. "Nearly 20 people have died in the past two months due to waterlogging in Delhi." "At least six of the victims were children aged between 3 and 10. As many as 11 people died due to drowning in waterlogged regions, while seven were electrocuted, data showed." India Today. However, Delhi gets rains for about 3 months in the year and public memory is short. So, "the need for housing overtakes the apprehension of flooding and eventually most houses find buyers or tenants. Prices do not drop substantially as there is a huge influx of dwellers from smaller to bigger cities," wrote Kurup. A 'Mood of the Nation Poll' revealed that 50.6% of respondents felt that "the economy will remain stagnant or things will worsen" "even as the country's economy cruised at a strikingly high growth rate of 8.2% in FY24." Inflation is a serious concern as 63% of respondents feel that "managing their current expenses has become difficult," and 78.3% "consider the unemployment situation in India to be serious." India Today. "To a question about who is best suited to be the next prime minister of India, Narendra Modi's ratings have dropped below 50% for the first time, and are at 49%." The Wire. "As consumers struggle to keep up with rising household expenses, they have reduced their discretionary spending and purchases of premium products. The impact has so far been more pronounced in rural India, where consumers spend more on food compared to the urban areas. The demand slowdown has hit the sales of companies across consumer segments." The Print. "The household (HH) situation in India has continued to deteriorate in recent months, with real income levels declining, highlighted a report by 'Systematix Institutional Equities." ET. "Goldman Sachs Group Inc has lowered India's growth forecast by 20 basis points each for this year and the next, citing a contraction in central government expenditure. The bank now expects the nation's economy at 6.7% in calendar 2024, and 6.4% in 2025." HT. However, while Indians are earning less, the nation is gaining from outer space. "India has invested nearly USD 13 billion in the space sector over the past decade which has contributed USD 60 billion to the GDP through direct, indirect and induced benefits, a report by global consulting firm Novaspace said." Affiliate Executive Adviser at Navaspace, Steve Bochinger said, "the estimated revenues of India's space sector have increased from USD 3.8 billion in 2014 to USD 6.3 billion in 2023." ET. It's no use trying to complain because we can't get through. "Indians spent over $15 billion hours on hold in 2023 leading to a staggering economic loss output of $55 billion, according to a report by AI platform ServiceNow." DH. "Space the final frontier". esahubleorg. If we can get there. Before others.