 "FDI, foreign investment")
The new deal in Indian companies seeking out foreign partners; the silver lining in a possible US recession, and the next step in opening up the economy. Pallav Nayak sums up the views.
The most successful Indian firms are seeking out foreign partners, but this time the deals are qualitatively different. These "big bang" tie-ups are reflective of the coming of age of Indian industry, which for long was buffeted by a closed economy and learned to face global competition only recently, writes Shailesh Dobhal.
A US recession would be bad news for the global economy, but it
