India aide says Pakistan missile triggered n-tests
NEW DELHI, May 13 (Reuters) – Pakistan’s test launch of its longest-range missile last month triggered this week’s series of underground nuclear tests by India, a…
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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…
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…
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 —…
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)…
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…
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…
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…
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-India FinSec sees high economic growth.
17 June 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, June 17 (Reuters) – India’s Finance Secretary Vijay Kelkar said on Thursday the…
INDIA LOOKING TO SUBSTANTIAL AID FROM IMF, DONORS, OFFICIAL SAYS
27 August 1991 Reuters News English (c) 1991 Reuters Limited TOKYO, Reuters – 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…
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…
INTERVIEW-Thai exchange sees 50 pct hike in market cap in 2002
19 March 2002 Reuters News English (c) 2002 Reuters Limited BANGKOK, March 19 (Reuters) – The head of Thailand’s stock exchange, one of the best…
Interview- Thailand sees growth over three pct
20 March 2002 Reuters News English (c) 2002 Reuters Limited BANGKOK, March 20 (Reuters) – Thailand will see growth of at least three percent this…
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…
RBI will not allow rupee volatility – Chidambaram.
29 August 1997 14:33 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Aug 29 (Reuters) – Indian Finance Minister P. Chidambaram said the rupee’s…
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…
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…
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…
India’s Best B School
Although commerce is older even than the thirty pieces of silver that persuaded Judas Iscariot to betray Jesus Christ, it took humans a long time…
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,…
India’s Most Valuable Companies
Once every year, we pay obeisance to the best and strongest companies in India. It is not grudging admiration. Our corporate icons deserve every bit…
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.…
How I Did it
Companies and human beings are surprisingly similar. Over a long period of time we build an intricate geodesic dome of habits, rules. principles, emotions, likes…
Best B-Schools
The word “flurry” is used to describe a sudden blast or gust, or a sudden commotion, and it. has been used frequently to label the…
How Samsung Moved Nokia’s Cheese
Competition is fierce and kicking in India, not least between business magazines. Which is why we love being flies on the wall as we watch…
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…
Deconstructing HCC
The deeper we sail into the economic doldrums, the greater is the wonderment that there is so much locked-up promise in India that we cussedly…
Most Powerful Women
Our Prime Minister can seem like an accidental politician. Speaking publicly, he comes across as earnestly wooden, and when he addressed the nation on September…
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-…
This Time For Africa
In Greek mythology, the Minotaur was a creature with a bull’s head and a man’s body who dwelt at the centre of the Cretan maze…
New Business Families
“If a thousand suns were to rise in the heavens at the same time, the blaze of their light would resemble a little the supreme…
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…
New Age Guru peps up India story believers
“When you were five years old, you were happy nearly all the time. Somebody had to make you unhappy Now you are 30-plus and have…
Do Not Miss trade Bus to India, PM tells S Africa
Prime Minister Manmohan Singh told a group of senior Indian and South African businessmen on Monday that he was confident India can accelerate economic growth…
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…
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…
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…
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…
FIREFILES CAUGHT IN A LOGJAM
Without second-generation reforms and a drastic overhaul of its institutions, India is condemned to mediocre income and growth. As befits an ancient land, India is…
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,…
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…
Jaat Kahan Ho
It is Useful to remind ourselves about how infinitesimal we are in the cosmic order. As we methodically destroy our planet, it is unlikely we…
Clutching At Straws
We are so frozen in the headlights of the on rushing slowdown that even a flicker leads us to believe that we have seen friendly…
Waterless World
Time was when ‘Glacial Speed’ used to mean ‘very, very slowly’. That has changed forever. We know that our planet is warming. New research shows…
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…