New York Times (blog) | The dithering state is at the heart of India's problems Financial Times Not long ago it became fashionable to liken India to a tortoise, poised, by virtue of its democratic institutions and favourable demographics, to overtake the Chinese hare. Now there is a better comparison. More and more, it resembles a deer caught in ... Downgrade based on rupee fall: JPMorgan Rupee fall is due to failing Indian economy Live: Sensex erases all gains, down 400 pts after rupee hits 64 |