Suddenly the FIIs, with a cumulative investment in Indian stocks of about $300 billion at market value, are looking at other emerging stock markets for returns and no longer treat India as the most preferred destination.
Why does the BJP not realize that the farmers are psychologically damaged in the current climate and they do fear that the forcible land acquisition by the government will add to their woes?
The opposition parties are mounting a joint campaign against the BJP with the slogan ," Kisaan Virodhi, Narendra Modi".
Modi is quite isolated on the land ordinance and he knows that his direct communication with the farmers is his last bid to salvage whatever he could of the ordinance.
PM Modi has been making too many claims, like he did in Germany and Canada, of bringing immediate transformation which appear to remain in the realm of wishful thinking.
The most interesting aspect of this rapidly changing narrative is only nine months ago Prime Minister Modi, a master of everything he surveyed electorally, had specifically devised his government's media strategy.
Kejriwal proved prophetic when he said things would not be the same when you put a movement like AAP in a formal party organizational structure.
Modi has squandered a lot of political capital over the past 9 months.
What is important here is that there are police witnesses in these cases and the accused have now been placed in positions of power over them.
Modi seemed to have been following Indira Gandhi's style in state assembly election after election. Delhi has put a stop to that.
Now the BJP is at pains to deny this reality after seeing the kind of momentum Kejriwal's campaign picked up over the past few weeks. BJP leaders admitted that Kejriwal had thrown them off guard.
Modi's government is for the moment only interested in making insinuations for political gains. It has no interest in going to the roots of black money which funds elections.
In short, the feedback Modi personally got was things hadn't changed much at the bureaucratic level over the last eight months. One CEO even spoke about the arrogance or apathy shown by some Central ministers.
With the pressure on India growing everyday to contribute to carbon emission reduction, the US government thinks it can do big bilateral deals with India which will sustain a long term partnership.
The US government has figured that Modi wants to do business with them in areas where India's contentious political economy does not come in the way.
It is now open secret that BJP President Amit Shah's unusually aggressive political play has angered regional leaders. It may further harm PM Modi's agenda.
The chief of RSS, Mohan Bhagwat, made a very significant observation last fortnight while addressing a gathering of Sadhus in the holy town of Haridwar.
The larger message for Narendra Modi and Amit Shah is they are also products of the same political system which thrives on black money driven electoral politics.
After making the much publicised election promise of bringing black money from abroad and revealing the names of the culprits "within 100 days of coming to power", the government is now running for cover, not knowing where to hide.