Editorial

The Indian growth story which started over a decade ago, seemed like a dream, and no one really wanted to believe that the juggernaut was capable of being harnessed midway by either inflation, the market forces, war, or such like influences. Yet, the dream has been rudely disturbed by, of all things, what we swore by since the 90s - Globalization. We managed to survive the Asian economic crisis in the early part of this century, because we were not fully integrated into the world economy, but now that we are more or less totally integrated, we find it impossible to escape the ill effects of the sub-prime crisis, the world food shortage, the flaring oil prices and such other influences.