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The article discusses the author's view on the decisions of Reserve Bank of India's (RBI) governor Raghuram Rajan. Topics include presentation of the paper “Has Financial Development Made the World Riskier?" at the 2005 high-powered economists' annual gathering in Chicago, Illinois, lending rate cut proposal in January 2015, and Rajan's statement of focusing on domestic and regional growth demand in India for reducing crony capitalism.

The article offers news briefs related to banking and finance. The Inter-American Development Bank, an equivalent of Asian Development in Latin America, went shopping for a $150 million Japanese yen backed by a rupee asset loan deal. The deal between Indian officials and the Bush administration failed due to the non-committal of the U.S. on the cost of accessing the FutureGen project, a program to develop a zero emission coal-fired power plant.

The article discusses the strategy of Dilip Shantilal Shanghvi, founder of Sun Pharmaceuticals in Mumbai, India in response to the problems of its U.S.-based subsidiary Caraco. Reportedly, the Food and Drug Administration (FDA) issued a warning letter to Caraco regarding quality control issues in October 31, 2008. In June 25, 2009, the FDA seized drugs from Caraco's facility in Detroit, Michigan for violating good manufacturing practices (GMP) and is facing two class-action lawsuits.

The article focuses on the adaptation of solar energy for the future. It states that India has plans to generate 20,000 megawatts (MW) of solar power by 2022 and several Indian companies bet for the prospects of business in solar energy. It says that the evolution of solar energy started in 1888 wherein Edward Weston received the first U.S. patent for first solar cell. It adds that solar power will be doubling every two or less years and subjected to be a dominant energy source in the future.

The article reports on the partnership between U.S.-based Ascendia Brands (AB) and Sankalp Retail Value Stores in India. This deal is another example of organized retailing in India. The Lander brand of AB is present in categories like baby products, gel, hair care, oral care and skin care. AB decides to be in India because a mere three percent of total Indian retail comes from the organized segment.