My firm's research suggests that business and consumer confidence there is high, that there is not too much leverage in China's marketplace (leverage, not high prices, is what causes dangerous real estate and stock bubbles) and that the government is investing smartly in infrastructure projects like rail lines, subways and clean technology initiatives that improve economic efficiency and lower the costs of doing business.

FORBES: Leadership

The response from Mr Singh should be a push to explain to Congress and the country how reforms to land ownership or government efficiency or the retail sector would help to improve the mood and hence India's economic fortunes.

ECONOMIST: India��s political paralysis