Slip sliding rupee

Domestic brokerage Motilal Oswal's quarterly preview reports are known for their punchy cover-page cartoons. The latest one is a pithy comment on the slide of the rupee and the different - and somewhat ineffectual - strategies policy-makers are adopting to try and stem it. A safety net entitled "Reforms (Fuel prices, gas prices, power, foreign direct investment limits etc)" held up by hapless businessmen probably says it all.