Penelope Macrae

For Penelope Macrae's latest contributions to The Japan Times, see below:

Indian rockets aim for space market

Nov 11, 2013

Indian rockets aim for space market

India’s bid to become the first Asian nation to reach Mars sets a new benchmark for frugal interplanetary travel and puts it in a perfect position to grab more of the $300 billion global space market, experts say. “Everyone wants to do low-cost missions ...

India's rupee fall stuns middle class

Sep 1, 2013

India's rupee fall stuns middle class

Indian student Appu Sharma was going to apply to a U.S. university to study economics but with the rupee on the ropes, he’s set his sights closer to home. “I’ll do my BA here and maybe my postgrad abroad if the rupee improves — ...