||1: A decade ago India’s economy was winning new-found respect as a riot of energy and enterprise, but its performance in recent years has been dismal. ||2: Now foreign bosses roll their eyes when you mention India, as they did in the 1980s. ||3: Growth has fallen to 5%, half the level at the peak of the 2004-08 boom. ||4: Inflation and public borrowing are too high. The rupee slumped in 2013. ||5: Private firms are fed up with red tape and graft and have cut investment from a peak of 17% of GDP to 9%. ||6: On some measures the country is going backwards in time. ||7: Households have been shifting savings away from banks into the ancient refuge of gold. ||8: In a country that should be industrialising , the contribution to GDP from industry has been declining while manufacturing jobs have stagnated.
||1:In the 19th century British engineers and managers had brought the game to the mining towns of southern Spain and to the industrialising north.||2:The tale quickly became a Spanish one—in the early days, with a strong Basque flavour.||3:Athletic Bilbao provided the core of the team that won the silver medal in the 1920 Olympics in a hard, fast style known as La Furia.