India’s Marxist veteran looks back with pride
CALCUTTA, India, June 15 (Reuters) – The leader of the world’s oldest democratically elected communist government looked back on his 20 years in power and…
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MANILA PHONE LOAN MARKS MAJOR CREDITOR INITIATIVE
15 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 15, Reuters – A 288 million dollar syndicated loan for the Philippines Long…
LETTER FROM THE EDITOR
DEMOCRACY sometimes teaches strange lessons, and the strangest of them all is currently being acted out in the remote Northeastern state of Assam. Since January…
VIOLENT PHILIPPINE POLLS SEEN MARKING RETURN OF OLD POLITICS
17 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 17, Reuter – Monday’s local elections are billed as President Corazon Aquino’s last…
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…
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…
India’s weary Kashmiris told- “Go see a movie”
7 August 1998 Reuters News English (c) 1998 Reuters Limited SRINAGAR, India, Aug 6 (Reuters) – A who’s who of Indian Kashmiris turned out in…
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…
India general sees no danger of nuclear exchange
6 August 1998 Reuters News English (c) 1998 Reuters Limited SRINAGAR, India, Aug 6 (Reuters) – The general commanding Indian troops in the tinderbox Kashmir…
INTERVIEW-Kashmir might spark N-war – separatist
7 August 1998 Reuters News English (C) 1998 Reuters Limited SRINAGAR, India, Aug 7 (Reuters) – India and Pakistan could wage nuclear war over the…
Indian soldier caught in grinding Kashmir strife
9 August 1998 Reuters News English (c) 1998 Reuters Limited BARAMULLA, India, Aug 9 (Reuters) – Mahendra Kumar is a typical “sepoy”, the lowest rank…
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…
ANALYSIS-India’s Sonia Gandhi plays brinkswoman
18 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 17 (Reuters) – Sonia Gandhi spent 16 years observing India’s most…
FOCUS-India says Afghans in Kashmir intrusion
26 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 25 (Reuters) – Afghan mercenaries, likely commanded by Pakistani army officers, have…
Dalai Lama accuses China of “cultural genocide”
9 March 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, March 9 (Reuter) – Tibet’s spiritual leader the Dalai Lama on Sunday accused…
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…
Indian Kashmir talks offer sows confusion, anger
28 July 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, July 28 (Reuters) – India’s Prime Minister Inder Kumar Gujral has caused anger…
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…
WRAPUP-India hits Kashmir militants with air power
26 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 26 (Reuters) – India on Wednesday launched its first peacetime air strikes…
ANALYSIS-India, Pakistan caught in undeclared war
27 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 27 (Reuters) – India was on a roll on Wednesday. It unleashed…
WRAPUP-India loses planes, lashes out at Pakistan.
28 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 27 (Reuters) – India suffered a sharp reverse on Thursday in its…
WRAPUP-India bombs Kashmir rebels, warns Pakistan.
27 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 26 (Reuters) – India unleashed two waves of air strikes on…
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…
Wrapup- Indian helicopter downed in Kashmir crisis
29 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 28 (Reuters) – India suffered a second setback on Friday in its…
Wrapup- Kashmir crisis heats up after Stinger use
29 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 28 (Reuters) – India suffered a second setback on Friday in an…
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…
Interview- Onus on Pakistan in Kashmir-Indian aide
30 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 30 (Reuters) – A top Indian official said on Sunday it…
INDIA ECONOMY SEEN OPENING MORE, WHOEVER WINS POLL
20 November 1989 Reuters News English (c) 1989 Reuters Limited NEW DELHI, NOV 20, Reuters – Whoever wins this week’s Indian elections will face some…
India vows no pause in Kashmir assault for talks
1 June 1999 22:59 Reuters News English (c) 1999 Reuters Limited NEW DELHI, June 1 (Reuters) – India will not halt its air and ground…
Rightwing Indian Leader Predicts Instability After Polls
21 November 1989 Reuters News English (c) 1989 Reuters Limited NEW DELHI, Nov 21, Reuters – The leader of an increasingly powerful rightwing Hindu party…
Interview- “no relenting in Kashmir
2 June 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, June 1 (Reuters) – India’s External Affairs Minister Jaswant Singh said on Tuesday…
CALCUTTA’S INDIANS TAKE ELECTIONS IN STRIDE
21 November 1989 Reuters News English (c) 1989 Reuters Limited Calcutta, Nov 21, Reuters – The six Bengalis splashing around a fire hydrant inches from…
ANALYSIS-India faces hard choices in Kashmir.
13 June 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, June 13 (Reuters) – India and Pakistan, daggers drawn in Kashmir, held a…
WIDOW OF INDIRA GANDHI ASSASSIN SET TO ENTER INDIA PARLIAMENT
23 November 1989 Reuters News English (c) 1989 Reuters Limited CHAMKAUR SAHIB, India, Nov 23, Reuter – Long before Bimal Kaur Khalsa’s motorcade churns into…
ANALYSIS-India torn over scope of Kashmir combat
4 July 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, July 4 (Reuters) – India’s commanders are fighting with “one arm tied behind…
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…
Over 1,000 infiltrators still in Kashmir – India
8 July 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, July 8 (Reuters) – India’s army has recaptured key points in Kashmir and…
EXHAUSTED GANDHI ENDS CAMPAIGN IN MUD, OPPOSITION JUBILANT
24 November 1989 Reuters News English (c) 1989 Reuters Limited LUDHIANA, India, Nov 24, Reuters – Indian Prime Minister Rajiv Gandhi wound up an exhausting…
Interview- India says Pakistan must restore trust
18 July 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, July 18 (Reuters) – Indian Foreign Minister Jaswant Singh on Sunday urged Pakistan…
TROOPS AT BATTLE STATIONS AS INDIA’S PUNJAB GOES TO THE POLLS
26 November 1989 Reuters News English (c) 1989 Reuters Limited CHANDIGARH, India, Nov 26, Reuters – India’s bloody general election entered its final stage on…
STALLED PROJECT MAY HOLD CLUE TO COMMUNIST SUPPORT FOR GANDHI
27 November 1989 Reuters News English (c) 1989 Reuters Limited NEW DELHI, Nov 27, Reuter – A giant petrochemical project could hold a clue…
BUSINESS NOT TOO WORRIED BY INDIA ELECTION OUTCOME
28 November 1989 Reuters News English (c) 1989 Reuters Limited NEW DELHI, NOV 28, Reuters -Political instability in India may be in prospect after inconclusive…
Villagers play tag with death in India’ Kashmir
6 August 1998 Reuters News English (c) 1998 Reuters Limited NAMBLA, India, Aug 6 (Reuters) – The people of Nambla are sitting ducks in the…
India’s Fernandes insists Pakistan PM was in dark
31 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 31 (Reuters) – India’s Defence Minister George Fernandes said on Monday he…
INTERVIEW-India’s Fernandes sees no nuclear danger.
31 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 31 (Reuters) – India’s Defence Minister George Fernandes said on Monday he…
INTERVIEW-Indian general fears return to proxy war.
13 July 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, July 13 (Reuters) – Watching vanquished Islamic guerrillas retreat to Pakistan, India’s top…
INTERVIEW-Early Kashmir spring helped India.
18 July 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, July 18 (Reuters) – India’s military intelligence chief said on Sunday that Pakistan’s…
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…
Nuclear war unlikely over Kashmir, leader says
6 February 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Feb 6 (Reuters) – The leader of India’s Kashmir region said on Thursday…
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…
India fields seasoned negotiator at Pakistan talks
26 March 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, March 26 (Reuters) – Salman Haidar will be an immovable object facing a…
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…
India aims to grant autonomy to state-owned media
27 May 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, May 27 (Reuters) – India is determined to grant autonomy to state-controlled television…
India’s Kashmir talks offer — flip-flop or ploy?
28 July 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, July 28 (Reuter) – India’s Prime Minister Inder Kumar Gujral performed one more…
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…
Kashmir group says exhumed body is of its leader
30 September 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Sept 30 (Reuters) – A militant group in Kashmir on Tuesday said an…
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…
ASIA 2020 – Malthusian meltdown? The odds are even
27 November 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Nov 27 (Reuters) – “May you be the mother of a hundred sons.”…
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…
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…
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…
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…
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’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,…
Signs Of The Times
There was the baby-faced ex-pilot, all thumbs as he handled the controls in his political flight simulator; the rough-spun son of the, soil, a man…
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…
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) independent. Its official capital is a paltry Rs…
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,…
ONE NATION, 173 M VOTERS
To be precise, 173,213,635 Voters aged 21 years or above. That was the total on the electoral rolls published, constituency by constituency, between the first…
LOSER TAKE ALL
The wise ones among us are all ganit shastris(Mathematicians) and love crunching our election results which seem more frequent than our economic indicators. Politics is…
RED-LETTER DAYS
This is a year of anniversaries , some unpleasant, some prescient, some momentous. CE 2019 is important not only because of the Bharatiya Janata Party’s…
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…