It's hard to pinpoint who exactly is responsible for the problems ailing India's telecom sector. Is it the government that sees every player as a cash cow that must be milked dry at regular intervals instead of being allowed to invest in its own network? Or is it the telecoms themselves who have sought to charge exorbitant prices for poor quality and quantity of service? Or is it both? It's probably both. Also, a critical Diwali for Indian eCommerce, India's renewable energy situation, and the evergreen American Subprime lending industry!