INTERVIEW-PROF. C.N. VAKILÂ
The Government Is Helping Create A Privileged Class!’Â Â Professor C.N. Vakil, eminent economist, formerly Director, School of Economics and Sociology, University of Bombay, and Director,…
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Frozen in the Headlights
Poor Manmohan Singh is caught between the Pros and the Cons. The Pros in the Opposition are telling the prime minister, who has never seemed…
From Words to Blows
VIOLENCE is an unfortunate fact of life in Delhi University. That was bloodily emphasized on February 16 when Dilip Simeon, 32. history lecturer at Ramjas…
LETTER FROM THE EDITOR
DEMOCRACY sometimes teaches strange lessons, and the strangest of them all is currently being acted out in the remote North- eastern state of Assam. Since…
Letter from the Editor
THERE can be little more excitement for the media than to chronicle political events from inception to climax. Opportunities tend to be rare, but as…
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…
PHILIPPINES’ 1989 BUDGET SET AT 190 BILLION PESOSÂ
8 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 8, Reuter – The Philippines will have a 1989 deficit of 28.5 billion…
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…
PHILIPPINES TO ASK BANKS, IMF FOR NEW LOANSÂ Â
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 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…
Indian reforms are irreversible, lawmaker says
22 April 1993 Reuters News English (c) 1993 Reuters Limited TOKYO, April 22, Reuter – One of the architects of India’s radical economic reforms said…
Keep Your Expectations Low
In a spirited panel discussion moderated by Business Today editor Chaitanya Kalbag, Yashwant Sinha, MP and former finance minister, M. Damodaran, former SEBI chairman, Satya…
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…
The Dauphin and the Figurehead
Timing is everything, and with a number of state elections soon, leading to the general election next year, the cynicism and opportunism are manifest. The…
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…
Wanted- A Big Bang Budget
These are extraordinary times and we witness extraordinary phenomena. Three weeks before the Union Budget, when finance ministers customarily crawl under their carapaces, the honourable…
Ready For Battle
I remember sticking an aluminium one-yen coin and a copper one-US-cent coin to my computer screen in Tokyo around the mid-1990s and watching in fascination…
Hooks & Crooks
I remember a composite satellite photograph of the world taken at night time. One country stood out like a black blotch on a map that…
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…
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…
India’s Coolest Start-Ups
Some things were on a fast track as the heat dragged us into the dog days of June, and some were on a slow track.…
DELHI UNIVERSITY-NOTES OF DISCORD
Delhi University is one of the few in the country to possess a full fledged faculty of music. But for years now, the Music Department…
REAPING THE WHIRLWIND
Hiteswar Saikia was last Fortnight trying to settle into the hottest seat in India-the chief ministers hip of Assam. The diminutive, balding ‘politician had been…
The Burning Of Assam
The fuse has been burning for almost four years and the mood in the state has passed through all the faces of anger, despair and…
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…
A State Ravaged
It was beyond the ken of a civilised society, a blood spattered vindication of a heartless government’s sudden constitutional piety. The carnage began with a…
ENDS OF JUSTICE
Gauhati and Jorhat and small batches people took out processions in protest against the decision to hold the elections. Even political parties opposed to the…
WHO WILL CAST THE FIRST STONE?
The Jan Lokpal Bill may need to move from idealism to realism; the solution may also lie in granting independence and teeth to existing agencies…
Lemmings or Llamas?
The US is on life support, and Asian creditors led by China, which holds $1.16 trillion of US treasuries, control the intravenous drip. Asian central…
Panic Button
Reading An Account of the Great Fear, or Grande Peur, that swept across France in July and August of 1789, I was struck by the…
GREAT STRESS TEST
Since you all love acronyms for the Good and Simple Tax and the Grand Stupid Thought, the headline is my humble contribution to your lexicon.…
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…
TOO BIG TO FAIL
Independence day is a good excuse for some economic chest-thumping. We should be proud that lndia is a free-enterprise democracy. Imagine the world’s burden if…
Identify Yourself
The Fates Of the four million people whose names did not appear in the ‘complete draft’ of the National Register of Citizens (NRC) in Assam…
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…