great article...mumbai--the city of dreams indeed for millions, rich and poor.

Quoted: The residents of Dharavi, allegedly Asia's biggest slum, are thriving in hardship

Quoted: He's a genteel man, with a sprawling plantation house, courtly manners and an estate of carefully trimmed tea bushes that stretches across the gentle hills of Assam, blanketing the land as far as you can see.

insightful, oddly ironic, but smart move

Quoted: India is outsourcing outsourcing.
“It’s the equivalent of a bachelor’s in computer science in six months,” said Melissa Adams, a 22-year-old trainee. Ms. Adams graduated last spring from the University of Washington with a business degree, and rejected Google for Infosys.

Quoted: Business is losing faith in Indian Prime Minister Manmohan Singh.

progress takes time, and it is extremely difficult to manage a 16-party coalition, without ticking off someone. I'm in favor of privatization of many public-run entities, but when you have a majority farming population, how can you not take time to make decisions regarding economic zones that could displace millions of farmers? I think Singh has a lot of challenges ahead of him, and I don't think a "new" regime can do any better, and quicker. Prime Minister Singh is a thoughtful, calculated man, whose shoes will be pretty big to fill.

Quoted: By Chris Buckley - Analysis BEIJING (Reuters) - India's nuclear deal with the United States, already dogged by opposition at home, has provoked alarm in neighbor China, but experts expect Beijing to swallow its complaints rather than risk...

India needs to get on the UN security council.

Quoted: The chairman of Indian conglomerate Tata confirms he is interested in bidding for Jaguar and Land Rover.

wow, this could be a huge take over! sweet, maybe now the Tata Maruthi won't be as fragile as a tin can.

Quoted: There is a saying that the only way to discover the real India is by taking a train journey... Over the past year Indian Railways has generated profits of $4.5bn - double that of India's largest private company, Reliance Industries.

<--- that looks classier than an Amtrak! But seriously, glad to see that deregulation of the Indian aviation industry is having such exciting, positive effect on the Indian railway. I agree with the article in that the Indian railway is the "lifeline" of the country, and still truly the best way not only to commute in India, but also travel as a tourist. I love riding on trains every time i visit India.

PS--Investors, check out Indian Railways...maybe a good sector/entity to invest in? They are kind of taking that Japanese operations approach Lohia was discussing yesterday, in that they are improving on their existing strenghths, such as creating more freight trains between heavily commercial/industrial cities in India, and tapping in on the shipping industry...small changes make a big difference here too! here's your next case study, investment club :)

Quoted: Analysis: India differentiates itself from China by allowing its currency to appreciate against the dollar

Finally the foreign investments that India's been seeking for so long is/will pour in. But I agree that "managing" the rupee is a double edged sword that India will have to utilize wisely. What are we willing to lose--250,000 in highly skilled, professional labor, or decrease in poverty among the already poor from increased buying power of a stronger rupee. I'm going to continue monitoring the trend...