5 ms·

That makes sense. $1 is 40 Indian Rupees, and $50 (the prize money) is 2339 Indian Rupees at current rates. Neither amount is an insignificant amount of money i

That makes sense. $1 is 40 Indian Rupees, and $50 (the prize money) is 2339 Indian Rupees at current rates. Neither amount is an insignificant amount of money in India.

nishantmodak 17y ago
If $1 = Rs. 40 Then $50 = Rs. 2000 Yes. Neither amount is insignificant. But I still wonder, why only India? People from Pakistan, China and even Sri Lanka , Singapore are in +/- 3 hrs. timezones. The timing of the post would be crucial to understand this.
- robotrout 17y ago
  Indians speak English.
  - nearestneighbor 17y ago
    Fewer than 10% (almost all of which speak it as a second language)
    - dmoney 17y ago
      That's still about 100 million people.
    - gaius 17y ago
      What's that expressed as a percentage of Indians with Internet connections at home?
  - nishantmodak 17y ago
    So do people from Singapore, Pakistan, Sri Lanka, Bangladesh, Hong Kong, Thailand, Malaysia, Iran.
- agravier 17y ago
  FYI, $1 is insignificant in Singapore. Average household monthly income probably around 4000 USD (personal estimate, I live there, didn't look for official data)
  - nishantmodak 17y ago
    Agreed. I had mentioned Rs. amount there - as a reference to the parent post. quoting Indian Rs. I wanted to highlight - the time as a factor for other countries. Timezone.