Even by Japans standards, the crisis is of enormous proportions. In this podcast, we try to cover the economic impact of the earthquake and the tsunami that followed. The radiation leaks in the nuclear reactor only added to the problems. Quite a few Indian IT companies have their operations in Japan and in turn Japan happens to be Indias third largest investor. While it may not affect India gravely, it is definitely not decoupled from this crisis. In other news, Rajat Gupta resigns from ISB and Grameen Banks Yunus is having his problems hanging on to the company that he created.