The ascendency of India as an economic world power

Six months of 2008 has almost finished. We have seen some good reports in the media about Indian companies in the six months. Tata acquired foreign luxury brands. The Ambani brothers are busy to make their mark in the international business scenario. More and more foreign companies are outsourcing their jobs to India. Some foreign companies are investing millions of dollars to make their presence felt in the Indian market.

All these are positive things. However, it seems that in the recent days, many people are not happy in the society. There have been numerous incidents of violence and discontentment in different parts of the country. There were different issues. Inflation is a growing concern for the people. Heather Timmons has written a nice report about it: In a Season of Discontent, Many Protests Sweep India.