Curbing the federal deficit is the government's absolute priority on February 28.
With wages rapidly rising in China, all is still not lost. Wage costs in India are significantly lower and this fact could still help us turn the tide in our favour.
'I found my motivation in the fast emerging mobile market.' 'Nokia's biggest mistake lay in its stubbornness to change.' 'It's important to understand the pulse of the people It has been a long journey for Md Gyasuddin, Hitech Mobiles MD.
'After many rudderless years, India and Japan have prime ministers with a sense of purpose and direction,' says Brahma Chellaney.
'The real test will be in defence-related deals, for instance the Javelin anti-tank missile: Is the US willing to co-develop something with India, on terms that will support the 'Make in India' initiative? Is there defence technology transfer? Or will it dump old junk on India?' asks Rajeev Srinivasan.