The Don of Dhanbad
DHANBAD’s dreaded Mafia gangs were riveting topics of conversation last fortnight, and for different reasons. Film actor Shatrughan Sinha, with the blessings of the ruling…
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MANILA OUTLINES 1988 BORROWING, BUDGET PLANS
7 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 7 – The Philippine government will issue treasury bills and notes totalling 29.8…
U.S. IN QUANDARY OVER MANILA SUGAR RE-EXPORT PLAN
8 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 8 – U.S. Agriculture Secretary Richard Lyng is in a quandary over a…
PHILIPPINES MOVES TO SPEED UP DEBT/EQUITY SWAPS
19 February 1988 Reuters News (c) 1988 Reuters Limited English MANILA, Feb 19 – The Philippines plans to speed up its sluggish debt/equity swap program,…
PHILIPPINES BIT PLAYER IN DEBT REFORM – FERNANDEZ
19 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 19 – The Philippines’ 27.8 billion dollar foreign debt makes it a bit…
India says China has surveillance base in Myanmar
3 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 3 (Reuters) – India’s defence minister said on Sunday China had built…
MANILA SPECULATORS PLAY ROULETTE WITH OIL STOCKS
18 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 18, Reuter – Volatile penny oil stocks have raised trading on Manila’s two…
USDA SEES PHILIPPINE AGRICULTURE STAGNANT IN 1988
22 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 22, Reuter – Falling sugar and coconut production is expected to lead to…
PHILIPPINE GNP SEEN GROWING 6.1 PCT IN 1988
4 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 4, Reuter – The Philippines’ gross national product (GNP) is expected to expand…
JAPAN STRUGGLES TO USE ADB TO RECYCLE SURPLUSES
20 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 20, Reuter – Japan’s attempt to use the Asian Development Bank (ADB) to…
BankAmerica committed to India wholesale banking
10 December 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Dec 10 (Reuters) – BankAmerica Corp will sell its retail banking business in…
Nepal aims at independent central bank
22 May 1997 Reuters News English (c) 1997 Reuters Limited KATHMANDU, May 22 (Reuter) – Nepal’s coalition government plans to grant the Himalayan kingdom’s central…
ASIAN RICE SUPPLY PLAGUED BY SHORTAGES, SOARING PRICES
24 May 1988 Reuters News English (c) 1988 Reuters Limited LOS BANOS, Philippines, May 24, Reuter – Asia’s rice producers, reeling from the effects of…
PHILIPPINES WELCOMES U.S. SUGAR QUOTA INCREASE
26 July 1988 Reuters News English (c) 1988 Reuters Limited MANILA, July 26, Reuter – The Philippines welcomes a decision by the U.S. Department of…
PHILIPPINES TO ASK BANKS, IMF FOR NEW LOANS
28 July 1988 Reuters News English (c) 1988 Reuters Limited MANILA, July 28, Reuter – The Philippines plans to approach its creditor banks for a…
INDIA’S POLITICAL INSTABILITY SEEN SLOWING GROWTH
22 November 1989 Reuters News English (c) 1989 Reuters Limited NEW DELHI, NOV 22, Reuter – Political instability likely to result from this week’s elections…
INSTABILITY SEEN SLOWING GROWTH IN RESOURCE-STRAPPED INDIA
22 November 1989 Reuters News English (c) 1989 Reuters Limited NEW DELHI, Reuter – Political instability likely to result from this week’s elections could slow…
INDIA LOOKING TO SUBSTANTIAL AID FROM IMF, DONORS, OFFICIAL SAYS
27 August 1991 Reuters News English (c) 1991 Reuters Limited TOKYO, Reuter – India hopes to receive substantial financial aid from a consortium of donors…
INDIA WILL ASK IMF FOR MORE FUNDS – MINISTER
13 April 1992 Reuters News English (c) 1992 Reuters Limited TOKYO, Reuters – India intends to ask the International Monetary Fund (IMF) for more contingency…
JAPAN APPROVES $87 MILLION SPENDING PLAN
29 August 1992 Los Angeles Daily News Valley B2 English (Copyright 1992) The Japanese government Friday approved an $87 billion spending package – the nation’s…
Japan’s economy sinks deeper into mire
14 September 1993 Reuters News English (c) 1993 Reuters Limited TOKYO, Sept 14 (Reuter) – Japan’s sickly economy has been contracting as its stubborn trade…
RBI will not allow rupee volatility – Chidambaram.
29 August 1997 14:33 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Aug 29 (Reuter) – Indian Finance Minister P. Chidambaram said the rupee’s…
India raises import duties to fight deficit
16 September 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Sept 16 (Reuter) – India’s government, clearly alarmed by a fiscal deficit that…
Interview with Ellen Kullman
DuPont Chair & CEO ELLEN KULLMAN in conversation with CHAITANYA KALBAG. Edited excerpts: Do you think the India-US CEO Forum you are a member of…
What the Government Needs to Do Now
Despite the crisis, a clear message must be sent to the investor community that India is open for business. There was an initial spurt of…
Growth and the challenge of compensating the losers
INDIA’S ECONOMY is barrelling along at a growth rate of over 9 per cent, savings rates are up, investments are up, more jobs are being…
Garam hawa
India must construct an enlightened climate change policy ‘FOOD PRICES set to rise as floods ruin crops’. ‘Prime Minister promises aid to flood victims’. Does…
10 Most Powerful Women in Indian Business
They say nothing sharpens our minds as much as high danger or a threat to our survival. We are prepared to stand and fight when…
Breakout Companies
Raghuram Govind Rajan is a lucky man. Two weeks into his new job as Governor of the Reserve Bank of India his friend Ben Bernanke,…
India’s Most Valuable Companies
Once every year, we pay obeisance to the best and strongest companies in India. It is not grudging admiration. Our corporate icons deserve every bit…
Cheat Funds
Sometimes India’s economy resembles a rambunctious teenager brought up short by a finger-wagging headmaster. Our finance minister can now recite with his eyes closed a…
Watch Your Step
Three economists are gazing at a glass half full of water. The optimist sees a glass half full. The pessimist sees a glass half empty.…
India’s Best CFOs: Tips From The Finest Financial Brains
I have a confession to make. Many moons ago, I studied to be an accountant and despite one of the world’s toughest entry barriers with…
U.S. SUGAR QUOTA CUT WORSE THAN THOUGHT – MANILA
16 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 16 – A 23 pct cut in the 1988 U.S. sugar import quota…
Are Indian CEOs Overpaid?
The day before this issue of Business Today hits news stands, America will vote for a new president. The day after you invest less than…
Deal Chahta Hai
A laughter club in Mumbai is forced to “zip it” because a humourless neighbour is disturbed, not long after a 63-year-old cartoon unleashes a cleansing…
IT’S THE ELECTION, STUPID
The economy is whirling around in a populist spiral Pranab Mukherjee is starting to look worryingly like a feckless heir squandering his generous inheritance while…
Prem Ji Is Back
By the time this issue of Business Today hits the news stands, voting for new governments in three Indian states will be completed. The seven-…
India Slowing
It seems churlish to sound a pessimistic note about India’s economy when a large contingent of our business and political leaders is hard at work…
Buy Me, Buy Me Not
Stock markets and their behavior are an inexact science. Technical analysts will study head and shoulders patterns, Fibonacci retracements, stochastic oscillators and sundry chicken entrails…
Going Nowhere
I remember my first car with great fondness. It was a Fiat 1100D, and I crashed it barely a month after my wife and I…
Betting on Farms
India is a land of plenty. It is also a land of plenty of waste. If you suffer Malthusian nightmares of the Great Unfed Billions,…
RESERVE BANK-MONEY TO BURN
Of all the functions of the Reserve Bank of India (RBI), there is one routine task crucial to the health of the economy: incinerating the…
BIHAR PRESS BILL-BATTLE CRY
Whatever else the government is butter-fingered at doing, it is adept at keeping the results of its impetuosity in a state of continuing suspense’. The…
EXCISE DUTY-MORE SLAPS THAN SOPS
RANAB MUKHERJEE’s first budget, at first glance so redolent of status quo, is peppered with little booby traps. Two paragraphs in his speech have caused…
ITC-HAKSAR’S LAST HURRAH
Sentimentality rarely intrudes in to shareholders’ meetings, but this one was different. Over 3,000 had gathered in the incongruous setting of a Calcutta cathedral compound…
SHARING LOSSES
Last week-end the seesaw battle being waged by Swraj Paul to take over Escorts and DCM slowed to a less suspenseful motion when the London-based…
MONSOON BLUES
There are times when India looks invincible, bursting with food stocks and blessed with a government that is gungho about its workability. But the rain…
MIRAGE IN THE DESERT
Within a few years from now, the westernmost and thirstiest fringe of Rajasthan, along the Indo-Pakistani border, is going to be brought to life by…
AN HEIR SPLITTING LEGACY
The story is as complicated as the whorls on a fingerprint, a ready-made screen-play bursting with grandeur, feudalism, pretension, and the tattered remnants of pomp…
FOR WHOM THE BILL TOLLS
One of the misconceptions spawned by the Bihar Press Bill is that it will emasculate Bihar’s journalists. The truth is that Bihar’s journalists have already…
HOW TO DO A MANAGEMENT BUYOUT AT 30,000 FEET
The next time you are flying somewhere, do not bury your nose in a book or plug in your earphones. Take a good look around.…
Interview: Anil Agarwal
“Everybody is going to die, but I am going to die last” He started out as a scrap trader in Patna. Today, with a personal…
Scrabbling Away From the Abyss
Nitish Kumar’s victory in last month’s Bihar election celebrates the triumph of economics over feudalism, but the climb out of poverty will be steep and…
BANK THE RESERVE
The Reserve Bank Of INDIA (RBI) IS the best-run company in India: transparent, diligent, accountable, and (ostensibly) in dependent. Its official capital is a paltry…
SHOW ME THE JOBS
The government is striving mightily, but the needle is moving inexorably lower on the jobs meter. The Centre for Monitoring Indian Economy (CMIE) and the…
ENOUGH ALREADY
I wish the government would stop trying to defend demonetisation. Every time there is bad economic news, the government jumps upto proclaim that demonetisation was…
A FIRST-RATE PROBLEM
India’s economy is lurching like a car with two flat rear tyres. The monsoon has been better than expected: a bumper kharif crop is expected,…
CLOSE,, BUT NO CIGAR
Finance Ministers take on a certain air when they think things are going swimmingly and nothing can rock the economy when it is cruising along.…
FINGER ON THE PULES?
Two-third of indians depend on agriculture for their livelihoods. As our farm crisis deepens, the government is tinkering around the edges by pushing irrigation, rural…
KEEP THE BALLAST
Narender Modi’s first term in office will be bracketed by malodorous stand-offs with two governors of the Reserve Bank of India. The bad blood between…
TELLING NUMBERS
Look Carefully at all the Headlines, screaming or otherwise, that are popping up these days about corruption. How many of them feature women? Study after…
VIRAL FEVER
Start exercise your smartphone thumb, because the next big election will be fought on our mobiles. The latest Internet and Mobile Association of India survey…