A theory that is doing the rounds is that with election nearing, this depreciation of the rupee will allow politicians of all hues to bring back their ill-gotten wealth.
L K Advani's observation on Narendra Modi, an attempt to cut the BJP's prime ministerial nominee down to size, billing him a mere event manager like Vijay Raaz in Mira Nair's film Monsoon Wedding, speaks volumes about their differences... In the coming days, the Congress and BJP may lock horns over the AgustaWestland chopper deal. In an Italian court, Guido Haschke, one of the accused middlemen who allegedly bribed the Indian side, has sought a plea bargain to reduce his jail term if convicted. On or around April 11, we will know how much Haschke is ready to reveal. Rediff.com's Sheela Bhatt detects which way the political wind is blowing these days.
'The partnership of Amit Shah and Narendra Modi has made their biggest mistake. They have been very successful for their party in the last two years, but this batting pair has made the biggest political mistake of their life so far, which is calling Kejriwal a chor. It will backfire on them.'