Looking past the poverty and ahead, if you sit on Indian investments you could be rewarded with plenty of profits. This from Chris Mayer writing for the Daily Reckoning: Of all the crazy events in 2008, seeing the Taj Mahal Palace hotel in flames on TV is one I’ll remember for a long time. Last year, when I traveled throughout India, my first stop was Mumbai (or Bombay, as people still call it). I stayed at the Taj Mahal Palace. I remember what an oasis of calm that hotel was after spending a day in bustling Bombay. I remember its onyx columns and archways and domes, its hand-woven carpets and crystal chandeliers, its exceedingly polite staff and impressive Sikh doormen. Built in 1903 by a Tata, the Taj was a place of grace and old-world charm. From the hotel, you got a panoramic view of the bay, where the ...