The chain connecting a country's growth to a company's profits has many links. Some are weaker than others, and one break is all it takes for the chain to snap, argues Shreedhar Kanetkar
"There is no limit to my expectation on GDP growth,” finance minister Palaniappan Chidambaram was quoted as saying in December 2006. Analysts agreed. “We are revising up our full-year forecast marginally to...