Word: boom
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Dates: during 2000-2009
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Such conspicuous revelry has turned India's wedding- planning industry into a $10 billion market and has stoked a consumer boom that coincides with the November-February marriage season. Commodity analysts say Indian demand for gold wedding jewelry helped lift the metal's price to a 25-year high last month. Among the beneficiaries are entrepreneurs like Neeta Raheja, who runs a wedding-planning company called Creative Explosions. The firm organizes weddings that range from $20,000 (the average cost of a wedding blast in the U.S.) to $2 million, which gets you hand-painted invitations by artist M.F. Husain...
...wedding boom, though, has brought some social strains. Because good weather and good astrology coincide so rarely, millions of weddings are held on a few select nights during the cool winter season. In Delhi, that means up to 15,000 weddings a night, causing dusk-to-dawn gridlock for 14 million residents, as hundreds of thousands of guests cross town, park on the sidewalks and later weave unsteadily back home. To rein in the bacchanalia, local police have begun raiding unlicensed wedding parties and impounding gifts as evidence. Ahead of the estimated 30,000 weddings scheduled in the city...
...iTunes | MyYahoo Or copy and paste this URL into your favorite podcasting tool Listen to individual stories from the current episode: New Routes To Profit?Big airlines look to far-off locales for profit. Listen Hackers For HireBanks pay TraceSecurity and other companies to steal from them. Listen Web Boom 2.0.This bubble is different from the last one. We'll explain how. Listen Previous episodes...
...China's continuing boom and its uneasy economic relationship with the U.S. was a central preoccupation of this year's World Economic Forum. "This locomotive has changed the whole structure of the global economy," said Zhu. "The U.S. and Japan are no longer the global-growth engine." At the end of last year, China officially adjusted the size of its economy in an attempt to better reflect the plethora of activity taking place that wasn't counted in previous, Soviet-style central-planning statistics. The upshot was a 16.8% increase in gross domestic product that pushed China's economy past...
...iTunes | MyYahoo Or copy and paste this URL into your favorite podcasting tool Listen to individual stories from the current episode: New Routes To Profit?Big airlines look to far-off locales for profit. Listen Hackers For HireBanks pay TraceSecurity and other companies to steal from them. Listen Web Boom 2.0.This bubble is different from the last one. We'll explain how. Listen Previous episodes...