India’s Marxist veteran looks back with pride
15 June 1997 Reuters News English (c) 1997 Reuters Limited CALCUTTA, India, June 15 (Reuter) – The leader of the world’s oldest democratically elected communist …
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JAYME SAYS MANILA TAKES HEART FROM MEXICO DEAL
6 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 6 – The options available in solving the global debt crisis had broadened…
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…
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…
26 KILLED ON SECOND DAY OF INDIA’S GENERAL ELECTION
24 November 1989 Reuters News English (c) 1989 Reuters Limited LUDHIANA, India, Nov 24, Reuter – At least 26 people were killed on Friday on…
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…
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…
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…
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…
India aims to grant autonomy to state-owned media
27 May 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, May 27 (Reuter) – India is determined to grant autonomy to state-controlled television…
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…
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…
Manila wants better repayment terms than lenders gave Mexico
19 January 1987 The Toronto star ME2 Bll English Copyright (c) 1987 The Toronto Star MANILA, PHILIPPINES — He told a press conference Manila would…
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,…
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.…
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…
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…
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-…
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…
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…
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…
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,…
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…