India aide says Pakistan missile triggered n-tests
14 May 1998 01:13 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 13 (Reuters) – Pakistan’s test launch of its longest-range missile last…
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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…
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…
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…
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…
India ponders prospect of a new Gandhi at its helm
13 February 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Feb 13 (Reuters) – The resemblance to Indira Gandhi is eerie —…
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…
Focus- Hindu leader says he target of India bombs
14 February 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Feb 14 (Reuters) – The leader of India’s main opposition party said…
Deadly blast Triggers riots in South India
15 February 1998 The Washington Post A30 Copyright 1998, The Washington Post Co. All Rights Reserved The leader of India’s main opposition party said today…
Focus- Indian polls start “calm and confident”
16 February 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Feb 16 (Reuters) – Indian voters queued up early on Monday to cast…
India wrestles with the wages of democracy
22 February 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Feb 22 (Reuters) – “Watch this space.” The website of India’s 112-year-old Congress…
India waits in trepidation for election result
1 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 1 (Reuters) – Indians waited uneasily on Sunday for official results from…
Who’s afraid of India’s Hindu nationalists?
3 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 3 (Reuters) – India’s Bharatiya Janata Party appeared tantalisingly close on…
Focus- India set for Hindu-led coalition government
10 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 10 (Reuters) – India was set on Tuesday for a new coalition…
India’s BJP wins power, but daunting task ahead
15 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 15 (Reuters) – Atal Behari Vajpayee received the green light on Sunday…
India’s Vajpayee tries to form coalition
16 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 16 (Reuters) – The leader of India’s Hindu-dominated Bharatiya Janata Party (BJP)…
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…
Focus- Hindu leader Vajpayee takes power in India
19 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 19 (Reuters) – Hindu nationalist leader Atal Behari Vajpayee took office on…
India’s BJP moves quickly to deliver nuclear punch
11 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 11 (Reuters) – India’s three underground nuclear tests on Monday were…
Defiant India takes on world with nuclear tests
11 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 12 (Reuters) – India prepared on Tuesday to face the world’s…
India unmoved by prospect of being global pariah
12 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 12 (Reuters) – India was engulfed by waves of international anger and…
India starts to count sanctions cost over n-tests
14 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 14 (Reuters) – India woke up on Thursday to the first full…
India wrestles with moral dilemma of nuclear clout
17 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 17 (Reuters) – “If the radiance of a thousand suns were…
Interview- India has been a “soft state”
27 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 27 (Reuters) – India’s nuclear tests alone will not make the country…
India’s Fernandes- former rebel, now with a cause
27 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 27 (Reuters) – In June 1976, after a year in hiding, George…
Interview- India leader dismisses “ping-pong balls”
29 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 28 (Reuters) – India’s defence minister said on Thursday he did not…
Interview- India’s Sinha wants to go for growth
2 June 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, June 2 (Reuters) – India’s Finance Minister Yashwant Sinha put up a spirited…
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…
Interview- India targets not just “hope and prayer”
3 June 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, June 3 (Reuters) – India’s fiscal targets for the current year are not…
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…
Focus- India’s Congress hammers BJP in state polls
29 November 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Nov 29 (Reuters) – India’s Congress party swept to electoral victory in three…
India’s Vajpayee should “go for broke”, rival says
29 November 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Nov 29 (Reuters) – India’s wounded Bharatiya Janata Party should ram through an…
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…
ANALYSIS-Unlikely actors in India’s passion play
25 April 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, April 25 (Reuters) – What do a former housewife who speaks Italian-accented…
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…
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…
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…
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…
RIGHTWING INDIAN LEADER PREDICTS INSTABILITY AFTER POLLS
21 November 1989 Reuters News English (c) 1989 Reuters Limited NEW DELHI, Nov 21, Reuter – The leader of an increasingly powerful rightwing Hindu party…
WRAPUP-Indians vote wearily on first election day
5 September 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, Sept 5 (Reuters) – Little more than half of 166 million eligible voters…
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…
Indian politics in convulsion, election beckons
20 November 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Nov 20 (Reuters) – India faced the prospect of fresh elections on Thursday…
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…
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…
India waits for next act in political drama
29 November 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Nov 29 (Reuters) – India woke up on Saturday to a lame-duck government…
India stumbles towards an election nobody wants
28 November 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Nov 29 (Reuters) – India’s Congress party switched off the life support system…
Indian elections hold promise of more uncertainty.
7 December 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Dec 7 (Reuters) – The word “pundit” is Sanskrit for “learned man,” and…
INTERVIEW-Hindu party pushes radical economics
8 December 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Dec 8 (Reuters) – India’s main opposition group will block the full convertibility…
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…
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…
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 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…
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…
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…
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…
BHAG PIYUSH BHAG
Piyush Goyal is a chartered accountant, lawyer, former investment banker, former Bharatiya Janata Party treasurer, and a go-getter. Goyal, who likes taking leadership courses (currently…
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,…
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…
Off the Blocks
For the second time in five years, I was struck by how apposite Rud-yard Kipling’s poem ‘If’ is in relation to Narendra Modi. At one…