that was alex daly senior editor at casey research time now for today's big deal. hello again in today's big deal edward harrison and myself we're going to discuss india's economy we're talking about say now india is one of the emerging market economies which morgan stanley dubbed last year part of the fragile five now india along with indonesia turkey brazil and south africa these five countries are heavily reliant on foreign capital making them susceptible to reversals in capital flows now this vulnerability came to a head just last june after u.s. fed chairman ben bernanke he said the fed would soon be poised to taper its large scale asset purchase program and india was hit hard at what happened exactly break this down for us i know you know geo international economy and politics give it to me well in this case the economic problems they predated tapering and. then inflation eleven percent record current account deficit fiscal deficit those expect to be five percent five point two percent growth slowing to its worst in a decade and slower consumer demand you can

that was alex daly senior editor at casey research time now for today's big deal. however again in today's big deal edward harrison and myself were going to discuss india's economy yes talk it out so now it is one of the emerging market economies which morgan stanley dubbed last year part of the fragile five now india along with indonesia turkey brazil and south africa these five countries are. heavily reliant on foreign capital making them susceptible to reversals in capital flows now this vulnerability came to a head just last june after u.s. fed chairman ben bernanke he said the fed would soon be poised to taper its large scale asset purchase program and india was hit hard at what happened exactly break this down for us and you know geo international economy and politics give it to me well in this case the economic problems they predated tapering and. then inflation eleven percent record current account deficit fiscal deficit those expect to be five percent five point two percent growth slowing to its worst in a decade and slower consumer demand you can see that

yesterday we aired the first part of my conversation with technology expert alex daly now he's a senior editor at case in research and today as part of that interview and we want to talk to alex about mobile as this is increasingly focus and the focal point for many tech companies specifically the cloud technology now it's a word that we hear a lot but what does it actually mean i asked alex this very question and here's what he had to say. the cloud is this idea that storing your documents in your data in the internet as opposed to keeping it locally provides you with more convenience and maybe more security though there are a lot of questions about that floating around today on the security side with big coin and everything that's happening i think the convenience of the cloud is no doubt you see these companies like box dot com dropbox you see google with drive microsoft with its sky drive which is now been renamed to one drive the idea that we can manage and own all users state in the cloud means that they can use three four five ten devices simultaneously and still have access to a

alex savidge, ktvu channel 2 news. >> thank you. >>> 7:08. the chp is searching for the driver who hit and killed a person on a daly city freeway.happened around 6:30 last night on interstate 280 near john daly boulevard. investigators don't known why the person was on the road. the victim's identity has not been released. part of the road was closed for 90 minutes. >>> today marks one year since two santa cruz police officers were killed in the line of duty. this morning, the police department will hold a private dedication ceremony for a new memorial garden. that ceremony follows last night's public candlelight vigil at city hall to remember sergeant butch baker and elizabeth baker. dozens of santa cruz first responders were at last night's memorial. >> it's difficult especially when you embark on the one-year anniversary. it starts to bring all of the emotions back. >> seeing the community support always is helpful in reminding us what we're there for. >> now, a sexual assault suspect shot and killed those two officers when they went to the door of his santa cruz home to question him. that suspect was killed in a -- a short t