The Radia tapes have turned the limelight on corruption. one can expect measures to increase government accountability. Regulatory authorities may be set up for sectors such as real estate and microfinance. The market is likely to focus on domestic issues such as inflation. Companies will seek ways to cope with the talent crunch. The central bank will have to balance rising inflation, rupee appreciation, and higher asset prices. business leaders are likely to donate some of their growing wealth to philanthropic causes.
It promises to be an interesting year.