Economy: Running on empty

The recently-released GDP data has confirmed what should have been quite obvious to everyone having an eye on the health of the Indian economy. The only reason to be surprised is that we are actually surprised with these numbers. In hindsight, it is now quite clear that India's economic growth story of the last 20 years was a fortuitous combination of a number of factors that led most in India and many outside to think that our tryst with (economic) destiny was finally happening.

Read Full Story>>