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It's the same old story

A combination of fresh global liquidity, expectation of low interest rates locally and a benign crude price gets India back in favour on Wall Street

Illustration by Kishore Das; Photographs by Jeffrey Holmes

Bizarre behaviour, not to mention nepotism, is not a strictly Indian construct. How else do you explain the popularity of Gangnam Style? It has not only become the most viewed video on Youtube, but has also led to a 500% rise in the stock price of the semiconductor company owned by the portly rapper’s father.