Some interesting reading for the weekend:
The gangsters are back in UP (Tehelka)
Why is India Inc crying? (Open)
How the ‘Good Guy’ defence failed Rajat Gupta (NYMag)
Indo-US Relations:Less than allies, more than friends (Economist)
Homeless man turned millionaire gives the best advice I got (Forbes)
China’s abortion scandal (NewYorker)
Lance Armstrong’s last stand (Slate)
This report is for informational purposes only.Not a recommendation to buy or sell.
This report is for informational purposes only.Not a recommendation to buy or sell.
Singh was arguably more effective in his term as finance minister in the Congress minority government under Prime Minister Narasimha Rao, which liberalized the economy in the early 1990s, than he has been as prime minister since 2004. The difference is likely due to Rao’s political support for Singh when he proposed dramatic steps to open the economy. Singh appears to lack that level of support from his own party today.–wrote S&P in their report “Will India be the first BRIC fallen angel?”