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Raghuram Rajan speaks out on zombie companies, a simmering real estate time bomb & more

<b>Mumbai, </b> Bollywood star couple <keyword id="2165" type="PERSON" weightage="20" keywordseo="Kareena-Kapoor">Kareena Kapoor</keyword> Khan and <keyword id="333" type="PERSON" weightage="20" keywordseo="Saif-Ali-Khan">Saif Ali Khan</keyword> have become parents to their second child, a <keyword id="33462" type="ENTERTAINMENT" weightage="20" keywordseo="baby-boy">baby boy</keyword>, on Sunday.<br /><br />Kareena, who was admitted to the Breach Candy Hospital here, gave birth around 9 am.<br /><br />"She has delivered a baby boy in the morning around 9 am. I'll be visiting them soon," Kareena's father, veteran actor Randhir Kapoor told.<br /><br />Kareena and Saif had announced the pregnancy in August, thanking well wishers for their support.<br /><br />"We are very pleased to announce that we are expecting an addition to our family! Thank you to all our well wishers for all their love and support," they said in a joint statement.<br /><br />Kareena, 40, delivered their first child, son <keyword id="3977503" type="PERSON" weightage="20" keywordseo="Taimur-Ali-Khan">Taimur Ali Khan</keyword> on December 20, 2016. The toddler, now four years old, has been an Internet sensation ever since his birth and is followed by the paparazzi round-the-clock.<br /><br />Back then, soon after the baby boy was named Taimur, people on social media had started questioning the origins of the name.<br /><br />Saif, 50, tied the knot with Kareena in October 2012 after a five-year courtship.<br /><br />He was previously married to actor Amrita Singh, with whom he shares actor-daughter Sara Ali Khan (25) and son Ibrahim Ali Khan (19).<br /><br /><br /><strong>SEE ALSO:<br /><a href="https://www.businessinsider.in/entertainment/news/pewdiepies-lyrics-targeting-cocomelon-and-jk-rowling-that-may-have-gotten-youtube-angry-enough-to-pull-the-video-down/articleshow/81102941.cms">PewDiePie's lyrics targeting CocoMelon and JK Rowling may have gotten YouTube angry enough to pull the video down</a><br /><a href="https://www.businessinsider.in/business/ecommerce/news/flipkart-gets-leaner-with-a-300-million-jabong-write-off-as-ceo-kalyan-krishnamurthy-lists-out-the-priorities-for-2021/articleshow/81105083.cms">Flipkart gets leaner with a $300 million Jabong write-off as CEO Kalyan Krishnamurthy lists out the priorities for 2021</a><br /><a href="https://www.businessinsider.in/stock-market/news/happiest-minds-is-leveraging-its-partnerships-with-big-players-like-google-microsoft-aws-salesforce/articleshow/81105035.cms">Happiest Minds is a smaller company that does the same thing as MindTree and L&amp;T Infotech — but clearly it is doing it a lot better</a><br /></strong><a href="https://www.businessinsider.in/tech/news/india-may-require-twitter-facebook-and-others-to-remove-unlawful-content-within-36-hours/articleshow/81104740.cms"><strong>India may require Twitter, Facebook and others to remove unlawful content within 36 hours</strong></a><br />

Kareena Kapoor and Saif Ali khan blessed with baby boy

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Along with diet and exercise, good sleep plays a critical role in health and overall wellbeing, from protecting against cardiovascular disease, diabetes, and obesity, to boosting neurocognitive functions, mental health and longevity, according to the Institute of Medicine, (US) Committee on Sleep Medicine and Research.<br />
<br /> Ahead of World Sleep Day, <keyword id="6486191" type="UNKNOWN" weightage="100" keywordseo="Fitbit">Fitbit</keyword> revealed that Indians are some of the poorest sleepers in the world, clocking in an average of 6.55 hours a night. The sleep statistics, based on aggregated and anonymous Fitbit data from January to December 2016, also revealed that Asians get less sleep on average than their American and European counterparts. Of the 18 countries covered by the data, people in <keyword id="22501" type="COUNTRY" weightage="20" keywordseo="New-Zealand">New Zealand</keyword>, <keyword id="6355478" type="COUNTRY" weightage="20" keywordseo="Australia">Australia</keyword>, and the UK get the most sleep on average per night.<br />
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<a href="http://www.businessinsider.in/the-stayzilla-fiasco-is-an-ugly-heads-up-of-the-future-of-the-indian-startup-ecosystem/articleshow/57689230.cms">ALSO READ: The Stayzilla fiasco is an ugly heads-up of the future of the Indian startup ecosystem</a><br />
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Meanwhile, a recent study Need for Sleep found that Indian teens who had insufficient sleep did worse cognitively than teens on the recommended amount of sleep of their age group.<br />
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In order to provide users with deeper insights on their sleep, Fitbit is introducing two dynamic sleep tools that will be launched later this month, Sleep Stages and Sleep Insights, providing information on sleep quality and advice on how to improve sleep patterns.<br />
<br /> Sleep Stages, which was developed by a panel of sleep experts over the last two years, utilizes heart rate variability to estimate the amount of time spent in light, deep and <keyword id="338836" type="ORGANIZATION" weightage="20" keywordseo="REM">REM</keyword> sleep, as well as time awake each night, to better understand sleep quality.<br />
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<a href="http://www.businessinsider.in/starbucks-app-just-launched-in-india-and-heres-why-its-convenient/articleshow/57652881.cms">ALSO READ: Starbucks App just launched in India and here's why it's convenient</a><br />
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Sleep Insights, which is based on Fitbit data gained from over 3 billion nights of logged sleep, provides personalized guidance on how to improve sleep for better overall health.<br />
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By better knowing sleep quality and patterns, users can make lifestyle changes to improve sleep over time, such as diet, exercise, winding down before bed and keeping a consistent sleep schedule. Tracking sleep patterns could also help identify variations that can be indicative of other issues.<br />
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<a href="http://www.businessinsider.in/indian-travelers-think-that-rear-seat-kickers-are-the-most-annoying-co-passengers/articleshow/57686140.cms">ALSO READ: Indian travelers think that rear-seat kickers are the most annoying co-passengers</a><br />
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Sleep Duration Rankings (Based on aggregated and anonymous Fitbit data from Jan – Dec 2016)<br />
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Country- Sleep Duration (Hours)<br />
1. Japan- 6.35<br />
2. India- 6.55<br />
3. Singapore- 6.56<br />
4. Taiwan- 6.56<br />
5. Republic of Korea- 6.56<br />
6. Hong Kong- 6.61<br />
7. Colombia- 6.75<br />
8. Mexico- 6.76<br />
9. Chile- 6.80<br />
10. Spain- 6.91<br />
11. Italy- 6.94<br />
12. United States- 6.99<br />
13. Canada- 7.05<br />
14. Germany- 7.07<br />
15. France- 7.08<br />
16. Australia- 7.15<br />
17. United Kingdom- 7.16<br />
18. New Zealand- 7.25<br />
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This Fitbit survey reveals that Indians are the world’s second worst sleepers

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<br /> <keyword id="143" type="CITY" weightage="100" keywordseo="Bollywood">Bollywood</keyword>'s royal couple <a href="http://www.businessinsider.in/heres-how-new-parents-saif-ali-khan-and-kareena-kapoor-khan-brought-in-the-new-year/articleshow/56287619.cms">Saif Ali Khan</a> and <a href="http://www.businessinsider.in/Kareena-Kapoor-Khan-looks-radiant-in-her-first-ever-pregnancy-photoshoot/articleshow/55551673.cms">Kareena Kapoor Khan</a> were blessed with a baby boy on December 20, last year. The couple decided to name their newborn '<keyword id="3977503" type="UNKNOWN" weightage="100" keywordseo="Taimur-Ali-Khan">Taimur Ali Khan</keyword>' and suddenly all hell broke loose.<br />
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Almost a month old now, little <a href="http://www.businessinsider.in/searchresult.cms?query=taimur+ali+khan&amp;sortorder=effectivedate">Taimur Ali Khan</a> has been making news ever since he was born, and even went viral on social media because of his 'controversial' name.<br />
<br /> Though the new parents chose to maintain silence at the time, <keyword id="333" type="PERSON" weightage="100" keywordseo="Saif-Ali-Khan">Saif Ali Khan</keyword> has finally spoken out and revealed why he named his son Taimur.<br />
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In an interview with <em>Mumbai Mirror</em>, Saif clarified that Taimur was infact not named after the Turkish invader and ruler.<br />
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"I'm aware of the heritage of the Turkish ruler and my son was not named after him," Khan said. "He was Timur, my son is Taimur. Perhaps the root is similar but it's not the same name. Taimur is an ancient Persian name, meaning iron."<br />
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Elaborating on the reason behind naming their son Taimur, he said, "Both my wife and I liked its sound and the meaning. In fact, of all the names I ran by Kareena, she liked this one the best because it's beautiful and strong. Taimur was the name of a boy I had grown up with and a cousin too. It's an old family name, like Sara who was also named after a cousin I admired."<br />
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Talking about the trolls who had opposed Kareena and him naming their son 'Taimur,' Saif claimed that the reactions were 'ridiculous' and 'unnecessary.'<br />
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"I should have added a disclaimer, as they do in the movies, that any resemblance to any person, living or dead, is purely coincidental," he jokingly added.<br />

Saif Ali Khan reveals why Kareena and him named their son 'Taimur Ali Khan'

<ul><li><strong>Bollywood star couple Saif Ali Khan and <keyword id="2169" type="PERSON" weightage="20" keywordseo="Kareena">Kareena</keyword> Kapoor Khan on Wednesday said they are expecting their second child. The duo announced the pregnancy in an official statement, thanking well wishers for their support. </strong></li><li><strong>Kareena, 39, delivered their first child, son Taimur on December 20, 2016. The toddler has been an Internet sensation ever since his birth and is followed by the paparazzi round-the-clock. </strong></li><li><strong>Saif, 49, tied the knot with Kareena in October 2012 after a five-year courtship. </strong></li></ul>Bollywood star couple Saif Ali Khan and Kareena Kapoor Khan on Wednesday said they are expecting their second child. The duo announced the pregnancy in an official statement, thanking well wishers for their support. <br /><br />"We are very pleased to announce that we are expecting an addition to our family! Thank you to all our well wishers for all their love and support," they said in a joint statement. <br /><br />Kareena, 39, delivered their first child, son Taimur on December 20, 2016. The toddler has been an Internet sensation ever since his birth and is followed by the paparazzi round-the-clock. <br /><br />Back then, soon after the baby boy was named Taimur, people on social media had started questioning the origins of the name. <br /><br />Saif, 49, tied the knot with Kareena in October 2012 after a five-year courtship. <br /><br />He was previously married to actor Amrita Singh, with whom he shares actor-daughter Sara and son Ibrahim. <br /><br /><strong><br />SEE ALSO: <br /><br /><a href="https://www.businessinsider.in/politics/world/news/trump-was-rushed-from-the-briefing-room-by-secret-service-after-a-shooting-outside-of-the-white-house/articleshow/77474005.cms">Trump was rushed from the briefing room by Secret Service after a shooting outside the White House</a><br /><a href="https://www.businessinsider.in/careers/news/mckinsey-facebook-amazon-nokia-and-some-other-companies-looking-for-a-product-manager-right-now/slidelist/77464438.cms">McKinsey, Facebook, Amazon, Nokia — and some other companies looking for a product manager right now</a><br /><a href="https://www.businessinsider.in/business/startups/news/how-karan-bajaj-sold-his-less-than-18-month-old-startup-white-hat-jr-to-byjus/articleshow/77415329.cms">A WhatsApp message, six weeks of talks and a $300 million deal – how Karan Bajaj sold his less than 18-month old startup White Hat Jr to Byju’s</a></strong>

Kareena Kapoor Khan and Saif Ali Khan are expecting their second child

<ul><li><strong>The portrayal of <keyword id="6370821" type="General" weightage="80" keywordseo="hanuman" source="Orion">Hanuman</keyword>, with a beard, without a moustache and dressed in leather, attracted criticism.</strong></li><li><strong>Director Raut said he is "disheartened" by the reaction to the teaser.</strong></li><li><strong>Another scene recalled for some the American blockbuster sci-fi film series "Planet of the Apes".</strong></li></ul><br />Four months from release and "Adipurush", a big budget adaptation of the Ramayana, is already neck deep in controversy for multiple reasons - the depiction of <keyword id="42776" type="General" weightage="80" keywordseo="ravana" source="Orion">Ravana</keyword> and Hanuman and also its inferior visual effects. <br /><br />The 1.46-minute teaser of the movie, directed by Om Raut of "Tanhaji: The Unsung Warrior" fame, was launched on Sunday in Ayodhya. And the blowback was immediate. <br /><br />Fronted by "Baahubali" star <keyword id="104063" type="General" weightage="50" keywordseo="prabhas" source="Orion">Prabhas</keyword> who features in the title role as Lord Ram, the multilingual period saga sees <keyword id="333" type="General" weightage="50" keywordseo="saif-ali-khan" source="Orion">Saif Ali Khan</keyword> play the role of a 10-headed demon king called Lankesh. With a beard, fierce eyes and a buzz cut, this Lankesh seems barbarism personified and many called out the filmmakers for the apparent Islamisation of Ravana. <br /><br />The portrayal of Hanuman, with a beard, without a moustache and dressed in leather, also attracted criticism. <br /><br />As hashtags like #BoycottAdipurush and #BanAdipurush gained speed, Madhya Pradesh Home Minister Narottam Mishra on Tuesday warned the makers of the film of legal action if scenes showing Hindu religious figures in the "wrong" way were not removed. <br /><br />"I have seen the teaser of 'Adipurush'. There are objectionable scenes in it," Mishra, who is also the spokesperson of the state government, told reporters in Bhopal. <br /><br />The dresses and look of Hindu deities as seen in the trailer were not acceptable, he said. <br /><br />"Hanuman ji is shown wearing leather, whereas the description (in the scriptures) of the deity's costume is different... These are scenes that hurt religious sentiments. I am writing a letter to Om Raut to remove all such scenes from the film. If not removed, we will consider legal action," Mishra said. <br /><br />Echoing the minister's sentiments, a Twitter user wrote, "Ram and lakshamna wore khadau not leather shoes like the desert civilization people did. Nonsense movie." <br /><br />Director Raut said he is "disheartened" by the reaction to the teaser. <br /><br />"I was disheartened but not surprised because the film is made for a larger medium. You can cut it down to some extent, but can't bring it down to a mobile phone, that's an environment I can't control. <br /><br />"If given a choice, I had never put it on YouTube but that's the need of the hour. We need to put it there so that it reaches a wide audience," Raut told reporters at the media preview of film's 3D trailer on Tuesday. <br /><br />Producer Bhushan Kumar was unavailable for comment despite several attempts by PTI to reach out to him. <br /><br />Many on social media said they were appalled over Saif's appearance as a maniacal Lankesh, saying his look was inspired by Mughal rulers. Some said it bore resemblance to Ranveer Singh's portrayal of Alauddin <keyword id="987836" type="General" weightage="80" keywordseo="khilji" source="Orion">Khilji</keyword> from Sanjay Leela Bhansali's film "Padmaavat", which came under attack for caricaturing Khilji, complete with kohl lined eyes and viciously attack a hunk of meat. <br /><br />"The makers should have done more research on Ravana. Saif Ali Khan's expressions look absolutely pathetic. Ravana was not a psycho. Saif is acting like he is portraying khilji from padmavat. Mythological movies absolutely need better character understanding (sic)," said a Twitter user. <br /><br />"He (Saif) is looking more like Babar or Aurangzeb or Taimur but certainly not Raavan," added another. <br /><br />The VFX, said others, was a huge letdown for a film that reportedly has a budget of  ₹ 500 crore, making it one of the most expensive Indian films ever made. <br /><br />A section of social media seemed both amused and disappointed (#disappointed was trending on Twitter) about the quality of its computer-generated imagery. Generally an expensive affair, CGI is used to create fantastical visual effects in films. <br /><br />"Bruh this is Jaani Dushman levels of CGI. #AdipurushTeaser," said a Twitter post drawing comparison with the 2002 supernatural action thriller film which has attained cult status over the years as a cringe watch. <br /><br />Sharing a still from <keyword id="143564" type="General" weightage="50" keywordseo="ramanand-sagar" source="Orion">Ramanand Sagar</keyword>'s epic serial "<keyword id="6373819" type="General" weightage="50" keywordseo="ramayan" source="Orion">Ramayan</keyword>", a tweeple said no big bucks or latest technology could ever level up to the "simplicity" of the classic 1980s Doordarshan show. <br /><br />"No 500 crore budget, No 3d release, Just simplicity. Nothing can ever come close to this #BoycottAdipurush," a tweet read. <br /><br />A specific scene from the teaser where Saif's Lankesh is seen mounted on a bat-like mythical creature with huge flapping wings prompted some people to draw comparisons with "Game of Thrones", the hit American fantasy TV drama famous for its dragons. <br /><br />"Is it just me or do you also notice the pathetic copy of #GameOfThrones that #Adipurush is! The characters are definitely NOT of #Bharat...," said one post. <br /><br />Another scene recalled for some the American blockbuster sci-fi film series "Planet of the Apes". <br /><br />"Copy cat #OmRaut #Adipurush #DisappointingAdipurish," said a user as he put the clips of the promotional materials of the two films. <br /><br />Many shared stills from "Ramayana: The Legend of Prince Rama", the 1993 animated film which was a Japan-India co-production. Directed by Japanese filmmaker <keyword id="15168281" type="General" weightage="50" keywordseo="yugo-sako" source="Orion">Yugo Sako</keyword>, it became a favourite of the 1990s generation kids who watched it several times on TV channels during re-runs. <br /><br />"#Adipurush had the golden chance to present us a film on the subject which is dear to everyone but sadly even with the colossal budget and modern technology it couldn't match even 1% of yugo sako's Ramayana: The Legend of Prince Rama," wrote a Twitter user. <br /><br />This is not the first time Saif has been in trouble for "Adipurush". <br /><br />In an interview to a newspaper in 2020, Saif had said the version of Raavan in "Adipurush" will be "humane". His remarks caused a stir in the not-so-virtual world of social media and the actor issued an apology for his comments, saying it was never his intention to hurt people's sentiments. <br /><br />"I've been made aware that one of my statements during an interview has caused a controversy and hurt people's sentiments. This was never my intention or meant that way. I would like to sincerely apologise to everybody and withdraw my statement," the actor had then said in a statement. <br /><br />SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/health/news/vivek-murthy-is-the-new-us-representative-on-who-board/articleshow/94655841.cms">Vivek Murthy is the new US representative on WHO board</a><br /><a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/entertainment/15-ott-releases-to-watch-this-festive-season-starring-madhuri-dixit-hasan-minhaj-and-more/articleshow/94640843.cms">15 OTT releases to watch this festive season starring Madhuri Dixit, Hasan Minhaj and more</a><br /><a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/best-cars-under-200000-to-buy-in-india-this-diwali/articleshow/94639382.cms">Best cars under ₹20,000,00 to buy this festive season</a>

Teaser lands 'Adipurush' in trouble over depiction of deities, demon king and bad CGI

New Delhi, <keyword id="10465578" type="UNKNOWN" weightage="20" keywordseo="bollywood-superstar-kareena-kapoor-khan">Bollywood superstar Kareena Kapoor Khan</keyword> is set to pen a comprehensive guide to <keyword id="6357793" type="UNKNOWN" weightage="20" keywordseo="pregnancy">pregnancy</keyword>, <keyword id="6933521" type="UNKNOWN" weightage="20" keywordseo="publisher-juggernaut">publisher Juggernaut</keyword> said on Sunday. The book, titled "Kareena Kapoor Khan's Pregnancy Bible", will come out next year. <br /><br />Kareena, who is expecting her second baby with husband actor Saif Ali Khan, made the announcement of her upcoming endeavour on the fourth birthday of the couple's first child Taimur Ali Khan. <br /><br />"Today is the perfect day to announce - 'Kareena Kapoor Khan's Pregnancy Bible' for all you moms-to-be. will talk about everything from morning sickness to diet and fitness and being a mom-on-the-go! can't wait for you to read it. To be published by <keyword id="3269125" type="COMPANY" weightage="20" keywordseo="Juggernaut-Books">Juggernaut Books</keyword> in 2021," the actor wrote on Instagram alongside the cover art of the book. <br /><br />The book will describe all the medical aspects of pregnancy with a focus on the mother and her symptoms, and include Kareena's tips on everything from managing morning sickness to diet, exercise, wellness and preparing a nursery. <br /><br />"I believe pregnancy is a natural process during which we should be active, healthy and happy. In this book I will tell you how I handled my own pregnancies and give you all the information you need to be happy in yours. This subject means a lot to me and I hope to create a book that will help and guide other women," the 40-year-old actor said. <br /><br />Talking about the upcoming book, Chiki Sarkar, co-founder of Juggernaut, said that India "badly needed" a one-stop book that mothers can use. <br /><br />"Whether it's continuing with acting or walking the ramp, Kareena Kapoor Khan is one of the few celebrities in this country who have helped normalize pregnancy and encouraged women to continue their usual lives during those 40 weeks. <br /><br />"We badly need a one-stop book that Indian <keyword id="6456647" type="UNKNOWN" weightage="20" keywordseo="Moms">moms</keyword> can use - for their health, fitness and emotional well-being - to navigate this important moment in their lives as well as reinforce this message. This book will be it," Sarkar said in a statement. <br /><br /><strong>SEE ALSO:<br /><a href="https://www.businessinsider.in/business/news/ikea-india-cfo-says-she-still-has-3500-crore-to-be-spent-in-india-the-pandemic-has-changed-targets-but-not-the-investment-plan/articleshow/79790938.cms">INTERVIEW: Ikea CFO says she still has ₹3,500 crore to be spent in India⁠— the pandemic has changed targets but not the investment plan</a><br /><a href="https://www.businessinsider.in/science/health/news/india-will-produce-300-million-doses-of-the-russian-sputnik-v-covid-19-vaccine-next-year/articleshow/79795341.cms">India will produce 300 million doses of the Russian Sputnik V COVID-19 vaccine next year</a><br /><a href="https://www.businessinsider.in/stock-market/news/how-to-check-mrs-bectors-food-specialities-ipo-allotment-status-online/articleshow/79808672.cms">Mrs Bectors Food Specialities IPO allotment: Here’s how to check share allotment status</a></strong>

Kareena Kapoor Khan to pen a complete guide to pregnancy, book to come out in 2021

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<a href="http://www.businessinsider.in/Kareena-Kapoor-Khan-looks-radiant-in-her-first-ever-pregnancy-photoshoot/articleshow/55551673.cms">Kareena Kapoor Khan </a>and <a href="http://www.businessinsider.in/Kareena-Kapoor-Khan-is-not-letting-pregnancy-stop-her-from-looking-drop-dead-gorgeou/articleshow/54585216.cms">Saif Ali Khan</a> recently became parents to a beautiful boy they named Taimur Ali Khan, and evidently that made their 2016 all the more memorable.<br />
<br /> To celebrate the year that was, the new parents threw a grand party on the 31st, and celebrated the arrival of 2017 with family <keyword id="11193" type="PERSON" weightage="100" keywordseo="Karisma-Kapoor">Karisma Kapoor</keyword> and <a href="http://www.businessinsider.in/ranked-the-6-richest-bollywood-actors-of-2016/articleshow/56208918.cms">Ranbir Kapoor</a>.<br />
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While it was mostly a hushed affair, also invited to their bash were Dia Mirza and Sajid Khan, among others.<br />
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Karisma Kapoor took to Instagram to share the pictures from the party. Have a look:<br />
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Here's how new parents Saif Ali Khan and Kareena Kapoor Khan brought in the New Year

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<em><strong>Never make archaic faults ever again!</strong></em><br />
The idea of the advent of ‘modernism’ in India is typically associated with the advent of the West. While it’s rightly deemed as the age of Democracy, rule of Law, Science and Reason, if we refer to the colonial period as the ‘modern age’, we draw a decisive conclusion to the argument whether a lot of what happened before the first Brit landed in Indian shores is actually relevant.<br />
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A sizeable part of India’s history is occupied by the Mughals. It began in 1526 with Babur and practically ended with Auranzgeb’s death in 1707. While this death marked the end of an era, the Mughal Empire lasted another fifty years before actually ebbing.<br />
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Business Insider revisits history books to probe what modern enterprises can learn from the Mughals.<br />
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Image credit: Taimur<br />

Decline of the Mughal
rule – Lessons modern businesses can learn

<p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><p class="source"><span>AP Photo/Andres Kudacki</span></p><p class="caption">People are pouring money out of China.</p></div><p></p></div></div>The amount of money flowing out of China has multiplied by 15 times over the past ten years, as the market for global cross border investments has soared.</p><p>According to the "The Wealth Report" - a massive investigation by luxury estate agent Knight Frank and high net-worth research firm Wealth X - the amount of money pouring out of the country surpassed $1 trillion (£720 billion) in 2015, as increasingly wealthy Chinese citizens look to invest in global assets and get their money out of China.</p><p>The rapid expansion of China's economy in past decade - <a href="http://www.tradingeconomics.com/china/gdp">China's GDP has grown from around $2.2 trillion (£1.6 trillion) in 2005 to more than $10 trillion (£7.1 trillion) now</a> - has allowed people in the country to spend more and more money buying up foreign assets. In total, citizens bought $1.013 trillion (£720 billion) of assets outside China in 2015, compared to just $64 billion (£45.8 billion) in 2005.</p><p>Of all the countries surveyed by Knight Frank's report, China has seen by far the biggest growth in money pouring into foreign investments, but other growing economies in Asia also saw big gains. Thailand was the only other country to see more than 1000% growth in outflows, up from $7 billion (£5 billion) in 2005, to $76 billion (£54.4 billion) last year.</p><p>As Knight Frank's senior research analyst Taimur Khan puts it:</p><p style="padding-left: 30px;">Unsurprisingly, the general trend over the past decade has been for significant growth in cross-border investment, led by massive growth in outflows from China (+1,471%) and in absolute terms, if not rate of growth, from the US. The impact of domestic economic growth and wealth creation, and in some cases more liberal credit controls, has seen rapid growth in outflows from markets such as Indonesia, Thailand and South Korea.</p><p>Outward investments from China may have grown by the largest amount, but the country still lags behind several Western economies when it comes to the total capital invested in foreign markets by citizens.</p><p>Unsurprisingly the USA is the biggest outward investor, with a massive $7.3 trillion (£5.2 trillion) flowing out of the country. Hong Kong, the <keyword id="6354868" type="COUNTRY" weightage="60" keywordseo="UK">UK</keyword>, and Ireland also saw in excess of $1 trillion (£720 billion) of outward investments in 2015.</p><p>The Wealth Report includes a handy chart to show just how much money has moved out of countries in recent years:<div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Knight Frank</span></p></div><p></p></div></div>Along with seeing by far the biggest rise in outflows of cash, China has also attracted huge growth in cash flowing into the country. $2.8 trillion (£2 trillion) was invested in 2015, a 500% increase from the $472 billion (£338.2 billion) which poured into China in 2005, and the second highest figure overall:</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Knight Frank</span></p></div><p></p></div></div>Knight Frank's report on the amount of money flowing out of China comes just two days after a Deutsche Bank report from analysts led by Zhiwei Zhang, which showed that <a href="http://uk.businessinsider.com/deutsche-bank-328-billion-has-been-moved-out-of-china-in-secret-2016-2">about $328 billion (£235 billion) left China in secret between August 2015 and January this year</a>. That's a huge number - about 78% of total capital outflows in the period.</p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/internet-reacts-kanye-west-53-million-dollar-debt-2016-2">This is how the Internet feels about Kanye West's $53 million debt</a></h3>        <div>            <div>        <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="JvanQxMTE6lCWw-z17578LeOH24q-ssu" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>        </div>        </div>            </div>

The amount of money pouring out of China has soared by 1,500% in just 10 years

<p><span style="line-height: 1.5em;"><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div><p></p></div></div>Europe's economy is in a strange position, and a chart of beer prices can offer some insight into what's going on.</span></p><p>Even though the eurozone is showing some very positive <a href="http://uk.businessinsider.com/eurozone-growth-recovery-2015-2015-2">signs of life in terms of economic growth and consumer spending</a> right now, the currency union is also <a href="http://uk.businessinsider.com/eurozone-inflation-deflation-january-2015-2015-1">recording deflation</a>, with prices falling overall. It's a very rare occurrence. </p><p>Those prices have been driven down particularly by the plunge in oil prices that began towards the end of last year - but prices weren't rising very much in Europe even before that.</p><p>But oil isn't the only dark-coloured and highly-valued liquid with a falling price.</p><p>Heineken, Carlsberg, AB Inbev and private label beer prices are falling (on a price/mix basis, which means they're falling for the companies making them, after accounting for things like special offers and credit deals with other firms).</p><p>Here's how that looks: </p><p><div class="KonaFilter image-container display-table click-to-enlarge"><div><div class="image"><a title_source="UBS research, Nielsen" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/550fefebdd089515768b457b-960/screen shot 2015-03-23 at 9.55.53 am.png"><span class="sprites click-to-enlarge-icon" title="Click to enlarge"></span></a><p class="source"><span>UBS research, Nielsen</span></p></div><p></p></div></div></p><p>That doesn't mean deflation is necessarily settling in: Big agricultural producers like beer companies are some of the big beneficiaries from lower oil prices, since brewing is a very energy-intensive industry. Prices could start picking up again once the temporary effect of cheaper oil wears off.</p><p>It might sound like a good thing that beer prices are falling - but not according to Taimur Baig at Detusche Bank, who had this to say in a note last week:</p><p style="padding-left: 30px;">In recent decades industrial country central banks have attached their credibility tightly around inflation objectives. Also, with financial markets being considerably more open today than a century ago, with financial-real economy linkages considerably stronger, indebtedness and asset price booms and busts have become major drivers of economic fluctuations. <strong>The costs of deflation, therefore, are greater than ever.</strong></p><p>But if that's the case, Germany looks like it could be a silver lining<span style="line-height: 1.5em;">:</span></p><p><div class="KonaFilter image-container display-table click-to-enlarge"><div><div class="image"><a title_source="Nielsen, UBS research" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/550fefebdd089515768b457c-960/screen shot 2015-03-23 at 10.03.14 am.png"><span class="sprites click-to-enlarge-icon" title="Click to enlarge"></span></a><p class="source"><span>Nielsen, UBS research</span></p></div><p></p></div></div></p><p>Prices are rising across Germany, with the country clearly pulling out of the deflationary trend seen in the years after the euro crisis - Germany's economy is growing at a modest pace and full employment is approaching, which would usually kick up some inflationary pressure. Is beer a sign of things to come?</p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/science-relationships-why-women-cheating-2015-1">Research reveals why women cheat, and it's not what you think</a></h3>        <div>            <div>        <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="xhNWkyczrhh9vIwtNxNfENCzFwgx2Mc7" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>        </div>        </div>            </div>

Europe's beer prices show what a bizarre economic situation the continent is in

<p><div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"><p class="source"><span>Reuters</span></p><p class="caption">People gather outside the Buenos Aires' planetarium to see the supermoon in Buenos Aires, Argentina, September 27, 2015.</p></div><p></p></div></div>There are trends and then there are megatrends.</p><p>It is the latter which money managers around the world have their eye on in order to manage their portfolios into the future.</p><p>At the Milken Global Conference in Los Angeles on Monday, that future had an exact date - 2040.</p><p>And in 2040, the panelists see a few themes standing out - an aging population, a bigger urban population in Africa and Asia, the emergence of China, and the emergence of environmentally sustainable infrastructure as a profitable investment.</p><p>The future is still distant, but the opportunities are starting to reveal themselves now.</p><p>Before we jump into these megatrends, here are the panelists. </p><ul><li><div><span id="panelspkpad"><strong>Victor Chu</strong></span>, Chairman, First Eastern Investment Group</div></li><li><div><span id="panelspkpad"><strong>Taimur Hyat</strong></span>, Chief Strategy Officer, PGIM, the Global Investment Management Businesses of Prudential Financial, Inc.</div></li><li><div><span id="panelspkpad"><strong>Catherine Keating</strong></span>, President and CEO, Commonfund</div></li><li><div><span id="panelspkpad"><strong>Rebecca Patterson</strong></span>, Managing Director and Chief Investment Officer, Bessemer Trust Cos.</div></li><li><div><span id="panelspkpad"><strong>Mike Ramsay</strong></span>, Partner and Chief Investment Officer, Global Credit, Generation Investment Management</div></li></ul><h2>We're getting old</h2><p>The entire world is getting old. It's also getting healthier, which means it's going to get older than ever before. By 2040, people around the world over 65 will eclipse entire the US population.</p><p>So how are investors thinking about that?</p><p>"W<span>e're drilling down on smart cars," said Patterson. "Cars are getting smarter, They're getting safer for older people... the senior citizens don't have to take the shuttle to the grocery store. What's it going to do to traffic in places like Miami? It's going to be horrific."</span></p><p><span>The panel also pointed out that senior housing has only become a phenomena in the US so far, but other countries will need to take care of the elderly as well. </span></p><p><span><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span>Thomson Reuters</span></p><p class="caption">An elderly couple looks out at the ocean as they sit on a park bench in La Jolla, California</p></div><p></p></div></div></span></p><h2><span>We are moving (especially to cities)</span></h2><p><span>"Over the<span> next 50-70 years you'll have millions of people less in rural emerging markets in Asia, that means agriculture will have to change," said Hyat.</span></span></p><p><span><span>Without millions to farm in rural areas, farming in developing countries will have to become more mechanized. That's an opportunity.</span></span></p><p><span><span>Meanwhile, those millions of people - not just from Asia, but from Africa's exploding population - will have moved to cities around the world. </span></span></p><p>"The world will be more urbanized, with 200 to 300 more cities with over a million people," said Patterson.  </p><p>"Cities, rather than countries, then may become the unit of analysis ... for investments and possibly for economic and political actions," she added.</p><p><div class="KonaFilter image-container display-table"><div><div class="image on-image"><p class="source"><span><a href="http://pictures.reuters.com/C.aspx?VP3=SearchResult&amp;VBID=2C0BXZIDY3KW6&amp;SMLS=1&amp;RW=1321&amp;RH=860#/SearchResult&amp;VBID=2C0BXZIDY3KW6&amp;SMLS=1&amp;RW=1321&amp;RH=860&amp;PN=4&amp;POPUPPN=210&amp;POPUPIID=2C04089CH30G">Reuters/Kamal Kishore</a></span></p><p class="caption">An Indian agricultural worker walks in a paddy field in Naxalbari, in the northeastern state of West Bengal.</p></div><p></p></div></div></p><h2>We are seeing China change rapidly</h2><p>China is working quickly to execute plans to become a global economic powerhouse, but the panelists said you have to be careful investing there.</p><p>There is opportunity, however, in China's burgeoning municipal bond market. For years the government has been trying to turn its local government debt into a liquid bond market</p><p><span>That means when people run for a sleepy investment, 10 to 20 years from now,  they might have an option besides US Treasury bonds.</span></p><h2><span>We are seeing environmentally sustainable infrastructure start to pay off</span></h2><p><span><span>"For many investors in [green] infrastructure projects, we are not talking about them as social projects... but as a reasonable... investments," said Chu. </span></span></p><p><span><span>This is happening in China and Singapore in particular. </span></span><span><span>The projects are generating cash flow with little risk, he added. The programs take 18 months to implement, and the savings can last for 25 years.</span></span></p><p><span><span>"The host wins, investor wins, society wins," he said.</span></span></p><p><span><span>Keating said that the last year of looking at these projects was a "real wake up call" for her. </span></span></p><p><span><span>It used to be that the only interested investors were non-profits and institutional investors mandated to invest in social good. Not anymore. Now she's getting "question from everywhere about the world being lower carbon."</span></span></p><p><span><span>It was with this topic that the panel really got into the risk of looking too far into the future. </span></span></p><p><span><span>How do you know when the "transition period" as Keating called it, is over and it's time to go all in?</span></span></p><p><span><span><span>"A lot of the rhetoric today is divest [from fossil fuels]..." or engage with the green. "There has to be a middle ground," she said. </span></span></span></p><p><span><span><span>After all, investing is mostly about timing. Some of these megatrends aren't ready for your money yet. </span></span></span></p><p><span><span><span>You just have to follow them closely, and be ready to jump in.</span></span></span></p>     <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/terrorists-groups-isis-make-money-billion-dollars-oil-2016-4">How ISIS makes over $1 billion a year</a></h3>        <div>            <div>        <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="R0N2JleTqvRC6uEEi5Ey6TouNvj_gHDb" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>        </div>        </div>            </div>

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