With the signing of the gas pipeline agreement between Iran and Pakistan, India must now decide whether or not to pursue the proposed Iran-Pakistan-India pipeline. India has already voiced a great deal of skepticism over the viability of the proposal, and alternative sources such as domestic gas production or nuclear energy could both prove to be more reliable and cost-effective solutions.
According to Datamonitor statistics, the emerging Asia Pacific economies are set to have a greater number of millionaires than Western Europe by 2013. This largely results from the emergence of the Indian and Chinese economies, which have experienced significant export-driven growth. Internal demand is also becoming increasingly important, and is helping to increase the number of millionaires.
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