Thursday, August 02, 2012

What the Blackout Means for India's Economy

Today, power has been restored across India — but what's the impact of the massive blackout, which hit more than half of the population? When 670 million people — more than 10% of the world's population — are suddenly left without power, that's not good. But if you're a country that's trying to cement its status as a major world power — to go from "emerging" to "emerged" — how bad a setback is this?