MANILA PHONE LOAN MARKS MAJOR CREDITOR INITIATIVE
15 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 15, Reuter – A 288 million dollar syndicated loan for the Philippines Long…
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INTERVIEW-AMBIKA SONI
“WE WERE ALL COWARDS!” When Anand Mohan and Chaitanya Kalbag called on Mrs. Ambika Soni in Delhi on August 17, they expected her to come…
INTERVIEW-JANATA PARTY PRESIDENT CHANDRA SHEKHAR : Mrs. Gandhi Will Have To Answer To Many Things
Transindia: Mr. Chandra Shekhar, do you think you have one of the most thankless jobs in the country today, what with having to build up…
INTERVIEW-PRIME MINISTER MORARJI DESAI
‘Is Drinking A Ritual “? Then I Think ‘It Is Better to Close Our Diplomatic Missions!’ The appointment is at I pm at the Prime…
WILL THE EUPHORIA REMAIN ?
Gandhi must have been passing through an extremely clairvoyant phase when he came up with this statement in the Thirties. In the thirty years that…
Governor’s Disgrace
EIGHTEEN hours after Haryana Governor Ganapatrao Devji Tapase committed the most undemocratic faux pas in India’s political history, he was cowering on a sofa in…
INTERVIEW : Brahmananda Reddy’
CONGRESS PARTY PRESIDENT- BRAHMANANDA REDDY “We Will Return to Power Soon” Transindia: Mr. Reddy, many people feel that the Congress Party has had a great…
LETTER FROM THE EDITOR
The Best of intentions go awry sometimes. That aphorism has struck home at INDIA TODAY where the effort to do a job better and more…
LETTER FROM THE EDITOR
THERE are, said the poet Wallace Stevens, 13 ways of looking at a blackbird. The essence of that particular truth came home forcefully last fortnight…
LETTER FROM THE EDITOR
NEWS does not have to scream from the headlines to be news. In fact, it is probably one of the failings of the media that…
ENOCH POWELL ‘Belfast May Seem an Enviable Place’
The Right Honorable Enoch Powell, PC, MBE, has been a major catalyst in racialist ferment for a long time now. Powell, who celebrated his sixty-fourth…
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…
PHILIPPINES MUST NOW FOCUS ON ECONOMY, ANALYSTS SAY
19 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 19, Reuter – The Philippines has emerged from a tumultuous year with democracy…
PRIVATISATION PROVES TO BE GORDIAN KNOT FOR MANILA TRUST
10 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 10, Reuter – A sword poised over a Gordian knot is the official…
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…
PHILIPPINE BANKS HEALTHIER, SEEK LOWER COSTS
25 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 25, Reuter – Philippine banks have largely recovered from years of crisis, but…
CHINA DISCUSSING SIX LOANS WITH ASIAN DEVELOPMENT BANK
18 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 18, Reuter – China is negotiating with the Manila-based Asian Development Bank for…
BUSINESSMEN LASH OUT AT MANILA DEBT/EQUITY PROGRAM
18 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 18, Reuter – Filipino and foreign businessmen have launched a sharp attack on…
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…
ASIAN DEVELOPMENT BANK STILL AWASH WITH FUNDS
20 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 20, Reuter – The Asian Development Bank (ADB) is still awash with funds,…
SUITABLE CHINESE PROJECTS HARD TO FIND — ADB HEAD
27 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 27, Reuter – The Asian Development Bank (ADB) has found it difficult to…
TAIWAN SAYS ROW OVER NAME CHANGE CONTINUES WITH ADB
27 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 27, Reuter – Taipei has ended a two-year boycott of the Asian Development…
SOUTH PACIFIC ISLANDS WANT OWN DEVELOPMENT BANK
28 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 28, Reuter – South Pacific island nations want to form a new regional…
AQUINO SAYS ADB LEADERSHIP SHOULD REMAIN ASIAN
28 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 28, Reuter – The Asian Development Bank’s annual meeting opened with a call…
TAIWAN CONTINUES PROTEST OVER NAME CHANGE AT ADB MEETING
29 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 29, Reuter – Taiwan delegates to the Asian Development Bank’s annual meeting continued…
PHILIPPINE SENATE HARDENS STAND ON DEBT
11 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 11, Reuter – The Philippine Senate has ended a six-month lull by taking…
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…
PHILIPPINE SENATE APPEARS TO SOFTEN STAND ON NUCLEAR BILL
12 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 12, Reuter – The Philippine Senate is apparently softening its stand on a…
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…
Nepal PM says government safe — for now
23 May 1997 Reuters News English (c) 1997 Reuters Limited KATHMANDU, May 23 (Reuter) – Nepal’s fragile coalition government is not in any danger despite…
PHILIPPINE BANKS SEEN LOSING OUT ON CURRENCY DEALS
18 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 18, Reuter – Philippine banks are missing opportunities by restricting foreign exchange trading…
PHILIPPINE ECONOMY MAY OVERHEAT – CENTRAL BANKER
18 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 18, Reuter – The Philippine economy is growing strongly in real terms but…
PHILIPPINE OFFICIALS LEAVE ANTI-NUCLEAR ISSUE TO AQUINO
19 July 1988 Reuters News English (c) 1988 Reuters Limited MANILA, July 19, Reuter – Philippine officials said on Tuesday that It was up to…
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…
AQUINO, SECURE IN POWER, PUTS ON BRASS KNUCKLES
28 July 1988 Reuters News English (c) 1988 Reuters Limited MANILA, July 28, Reuter – Philippine President Corazon Aquino, secure in power near the end…
MANILA SAID SEEKING BANKS’ AID ON 1989 FINANCE GAP
3 August 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Aug 3, Reuter – The Philippines has told its commercial bank creditors they must…
INDIA ECONOMY SEEN OPENING MORE, WHOEVER WINS POLL
20 November 1989 Reuters News English (c) 1989 Reuters Limited NEW DELHI, NOV 20, Reuter – Whoever wins this week’s Indian elections will face some…
CALCUTTA’S INDIANS TAKE ELECTIONS IN STRIDE
21 November 1989 Reuters News English (c) 1989 Reuters Limited Calcutta, Nov 21, Reuter – The six Bengalis splashing around a fire hydrant inches from…
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…
EXHAUSTED GANDHI ENDS CAMPAIGN IN MUD, OPPOSITION JUBILANT
24 November 1989 Reuters News English (c) 1989 Reuters Limited LUDHIANA, India, Nov 24, Reuter – Indian Prime Minister Rajiv Gandhi wound up an exhausting…
ASIAN STOCK MARKETS HUNT FOR INCENTIVES, DOLLAR WEAKENS VS MARK
17 September 1991 Reuters News English (c) 1991 Reuters Limited TOKYO, Reuter – Most Asian stock markets, casting around for fresh stimulus, weakened on Tuesday…
Reuters journalist buried in Australia
28 November 2001 Reuters News English (c) 2001 Reuters Limited HOBART, Australia, Nov 28 (Reuters) – Australian Harry Burton, a Reuters cameraman killed with…
Japan opposition leader said ready to press PM bid
15 April 1994 Reuters News English (c) 1994 Reuters Limited TOKYO, April 15 (Reuter) – A leading opposition politician is preparing to revolt against his…
Wrapup 1- China undecided on another bank bailout
12 September 2003 Reuters News English (c) 2003 Reuters Limited BEIJING, Sept 12 (Reuters) – China has not ruled out another big bailout of…
INTERVIEW-China bank watchdog upbeat on foreign players.
12 September 2003 Reuters News English (c) 2003 Reuters Limited BEIJING, Sept 12 (Reuters) – China’s new banking regulator said on Friday foreign banks…
Taiwan seeks banking concessions from China
15 September 2003 Reuters News English (c) 2003 Reuters Limited TAIPEI, Sept 15 (Reuters) – Taiwan will permit its banks to do business in China…
FOCUS-Queen’s India visit hit by row over protocol
15 October 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Oct 15 (Reuters) – Queen Elizabeth’s visit to India was hit by fresh…
India looks back in frustration at queen’s visit
19 October 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Oct 19 (Reuters) – India looked back in frustration on Sunday at a…
Britain’s Labour accused of Kashmir freedom agenda
16 October 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Oct 16 (Reuters) – Queen Elizabeth’s tour of India slid deeper into controversy…
INTERVIEW-ADB chief not pessimistic over Yamaichi
24 November 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Nov 24 (Reuters) – The collapse of Yamaichi Securities could signal the end…
THE JANATA PARTY – Will It, Won’t It, Will It, Won’t It Split?
The Janata Party will soon split. The Janata Party has always been a loose coalition. The Janata Party’s constituents have view- points and ambitions that…
RACIAL STRIFE IN BRITAIN – The Color Bomb
Suddenly that unsporting term, Race, reared its colored head above the British horizon towards mid-1976, 19-year-old Dinesh Chaudhuri, and a Palestinian friend, were stabbed to…
I have to follow capitalism: Buddha
IT IS like being thrown about in an ideological cocktail shaker. You get off a gleaming passenger jet and drive over a soaring expressway to…
‘Our Way Of Life’
We’re a long way from solving Britain’s race riddle QUITE A few of my trips to London have been shadowed by death. or the portent…
Earthy Tales
Last week I was on a flight to Mumbai About two hours in, the captain an- nounced that there was unseasonal heavy rain ahead and…
PHILIPPINE INTEREST PAYMENTS SEEN RISING
8 June 1987 Reuters News English (c) 1987 Reuters Limited MANILA, June 5 – The Philippines’ interest payments on its foreign debt will increase by…
MANILA BANK CLOSURE EXPOSES STRAINS IN PHILIPPINE SYSTEM
8 July 1987 Reutera News English (c) 1987 Reuters Limited MANILA, June 8, Reuter – The closure last month of the Manila Banking Corporation, one…
ELDERS TRYING TO BUY INTO PHILIPPINE BANK
21 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 21 – Elders Finance, a division of (Elders IXL Ltd), is interested in…
Two to Tango
An early breakfast is something that most journalists don’t care for. Most of my tribe skip it and among those who don’t, very few sip…
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,…
PHILIPPINES POISED FOR RISKY DEBT SHOWDOWN
28 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 28 – The Philippines is poised for a risky showdown with its…
PHILIPPINE DEBT ACCORD HANGS IN BALANCE
25 September 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Sept 25 – The Philippines’ recent debt restructuring hangs in the balance after a…
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…
PHILIPPINE PESO FALLS TO RECORD LOW
8 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 8 – The Philippine peso plunged to a record low of 20.850 against…
MANILA RACES TO FINALISE PIVOTAL DEBT CASE
22 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 22 – The Philippine Central Bank and creditors of a private fertiliser firm…
PHILIPPINES CENTRAL BANK CURBS DOLLAR TRADING
24 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 24 – The Philippines has moved to defend Its foreign exchange reserves by…
PHILIPPINE MILITARY DETAILS FOREIGN AID FOR COMMUNIST REBELS
24 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 24, Reuter – Private groups in Australia and West Europe are supplying Philippine…
Push to Start
One speaks the glory of the British queen, And one describes a charming Indian screen; A third interprets motions, looks, and eyes; At ev’ry word…
INDIA : Return To Normalcy
Prime Minister Indira Gandhi’s dramatic announcement on January 18 that the Emergency in India is being relaxed and that elections to the Lok Sabha will…
MRS GANDHI Vs. THE CHALLENGERS
Speaking about the 1971 elections to a Newsweek correspondent, Mrs Indira Gandhi had said: “I am the real issue in this election.” In 1977, too,…
THE NEW DEAL IN NEW DELHI
There had been many signs of the anti-Congress wind in the final days of the 1977 election campaign, but its magnitude amazed the canniest political…
Anniversary Issue 30th Momentous Years
Atal Bihari Vajpayee on the struggle within “We are all like a family and there is bound to be dissent in a democratic party.” The…
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’s Best Banks
Pity the modern banker, who is described in one of the stories in this issue as “pin-striped”. In India, of course, some of the most…
India’s Hottest Young Executives
Sssssay now … what we have we here?” hisses Kaa the snake in The Jungle Book, smacking his lips over Mowgli. “Jusssst you wait till…
India’s Best Banks
Just as we were putting this special issue of Business Today to bed. Thomas M. Hoenig. President of the Federal Reserve Bank of Kansas City,…
THE SCINDIAS-The Battle Royal
It Began as a small tiff, as all battles do. The two antagonists identities lent it a delicious irony: Vijaya Raje Scindia, the ex-Rajmata of…
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…
THE SCINDIAS-THE BATTLE ROYAL
It Began as a small tiff, as all battles do. The two antagonists’ identities lent it a delicious irony: Vijaya Raje Scindia, the ex-Rajmata of…
SPOIL OF SYCOPHANCY
For all those journalists who think they belong to a thankless and poorly-paid profession, there is hope on the horizon. It comes from the latest…
The Opposition-The Games Old Men Play
There is an old Indian parable that says it all: six blind men feel various parts of an elephant’s anatomy, and each one extrapolates, from…
FRIEND IN NEED
The Rashtriya Swyamsewak Sangh (Rss) is everybody’s favourite bugbear. So perhaps it was inevitable that it would be accused of having a hand in the…
FINDING A VOICE
Politics cinema, like the new wave of the mid-’70s, has long acquired a pejorative meaning in India. At most, a political film that catches the…
UTTAR PRADESH – PEACE OF THE GRAVEYARD
I know no one can do me no harm because happiness is a warm gun. Yes it is. Vishwanath Pratap Singh had cause to be…
THE BHAJAN BLUDGEON
The Sprawling city that Charles-Edouard le Corbusier had designed for bureaucrats and retired people looked like an army encampment girding up for an enemy onslaught.…
AN UNCERTAIN LULL
SHEIKH Mohammad Abdullah’s health more than anything else has been responsible for the sudden thaw in Delhi-Srinagar relations For a while last month Kashmir teetered…
CAUGHT IN THE CROSSFIRE
Indian foreign policy has always suffered from contradictory tugs and pulls, and last month the Government exposed its tendency to over-react to global developments. Israeli…
TAKEN FOR A RIDE
No point of no return was so final as the one Charan Singh and Devi La1 reached on July 21. The crusty Jat leaders have…
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…
Marching To Discovery
In the coolness of the early morning there is little traffic on National Highway 3. Outward bound from Nasik, the tar stretches infinitely in mottled…
Interview: Robert Zagha
Roberto Zagha has been the World Bank’ s Country Director in India since January 2009, when the economy was reeling from the global financial crisis…
The Method Man
Gujarat’s Chief Minister tells Chaitanya kalbag in a wide-ranging interview that policy and process make a heady development cocktail Narendra Modi is not a tall…
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…
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,…
LOSER TAKE ALL
The wise ones among us are all ganit shastris(Mathematicians) and love crunching our election result which seem more frequent than our economic indicators. Politics is…
NaMo the FMCG
If you want to decompress from the 2019 election campaign, and haven’t already donned the colours to be a cheering face in a shouting crowd…