A dismal year has ended appropriately — with a fiasco in Parliament; the only reform measure of the year stuck in limbo; the stock market down 24 per cent; the business mood at its lowest ebb in years; the weak rupee signalling the gathering storm clouds of external vulnerability; and key economic indicators spelling Trouble with a capital T. If 2010 was the year of scams (or the unearthing of scams), the compensation was that the economic news was better than in the two previous years.

><table width='100%' border=0 cellspacing=0><tr><td style='FONT-FAMILY: Arial; FONT-SIZE: 18px; FONT-WEIGHT: bold; COLOR: #0253B7;'><B>T N Ninan:</B> Time for elections</td></tr><tr><tr><td style='FONT-FAMILY: Arial; FONT-SIZE: 11px; FONT-WEIGHT: bold;'>Even though it would be considered politically premature by both the Congress and the BJP 

T N Ninan: Time for elections

Even though it would be considered politically premature by both the Congress and the BJP it may be best to think in terms of fresh elections

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