From the Foreign Press

The Financial Times interviews seven 24-year-olds-all 8216;midnight8217;s grandchildren8217;, the children born to India8217;s post...

Financial Times

The Financial Times interviews seven 24-year-olds8212;all 8216;midnight8217;s grandchildren8217;, the children born to India8217;s post-Independence generation. They are, in fact, children of liberalisation, born when India flirted with reform in the mid 1980s. Among those featured in the write-up are Nomita Daru, an ambitious professional working in India8217;s booming financial services sector; and Ranno Banwasi, a woman from the low-ranking Musahar caste who simply 8220;wants to be like other people8221;. The article says that these 24-year-olds from different religious, caste and geographic backgrounds highlight the 8220;danger of a backlash against liberalisation that could prompt a return of the politics of envy and the socialist remedies that consigned India to decades of disappointing growth.8221;

The Guardian

A travel piece takes readers to the vineyards of Nasik in Maharashtra, 8220;famed for its religious festivals, temples, industrial development8212;and more recently, as the centre of India8217;s embryonic wine industry.8221; The writer then spends a couple of days at a Sula resort, run by one of India8217;s premier wine brands, and comes back impressed. 8220;All of Nasik8217;s producers agree that improving vineyard tourism8212;as well as the wines8212;on every estate is the key to the region becoming a must-stop on the tourist trail, and wine8217;s newest new world8221;.

Los Angles Times

The bank for street children in New Delhi gets featured again, this time in the Los Angeles Times. This charming, bare-bones bank run for and by street children is where these kids stash their meagre earnings and learn about saving and planning. 8220;Their lives are far removed from the country8217;s growing image as an economic juggernaut powered by software engineers and ornamented with Bollywood babes.8221;

Forbes

A report on Renault8217;s new 1.1 billion plant in Chennai says the car manufacturer will produce Renault8217;s Logan cars and Nissan8217;s Micras, which both target the mid-to-high end market. It quotes an equities analyst to say, 8220;India is a would-be car market that is about to burst.8221;

The New York Times

A report on the recent petrol fuel hike says India and Malaysia became the latest Asian countries to 8220;risk the wrath of voters by raising the price of subsidised fuel, a highly unpopular measure that could further weaken the governments of both countries made fragile by recent electoral setbacks.8221;