Source: Reuters/Jitendra Prakash Indian women plant rice plants in their field in Malaka, in the northern Indian city of Allahabad. This year’s India report comes at an especially challenging time for the world’s second most populous nation. The near-20% slump in the rupee is the most obvious symptom of the crisis of confidence buffeting the country, and also one that risks making things worse by eroding unhedged balance sheets and importing inflation. Comparisons with India’s balance-of-payments crisis in the early 1990s are becoming more...Read more