INTERVIEW-PROF. C.N. VAKIL
The Government Is Helping Create A Privileged Class!’ Professor C.N. Vakil, eminent economist, formerly Director, School of Economics and Sociology, University of Bombay, and Director,…
Read more
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…
MANILA OUTLINES 1988 BORROWING, BUDGET PLANS
7 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 7 – The Philippine government will issue treasury bills and notes totalling 29.8…
PHILIPPINES’ 1989 BUDGET SET AT 190 BILLION PESOS
8 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 8, Reuter – The Philippines will have a 1989 deficit of 28.5 billion…
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…
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…
What the Government Needs to Do Now
Despite the crisis, a clear message must be sent to the investor community that India is open for business. There was an initial spurt of…
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…
EXCISE DUTY-MORE SLAPS THAN SOPS
PRANAB MUKHERJEE’s first budget, at first glance so redolent of status quo, is peppered with little booby traps. Two paragraphs in his speech have caused…
PRISONERS- FIGHTING FOR A CAUSE
The salaried middle classes have time and again fallen prey to the Government’s more capricious economic decisions. But, one group that has suffered the most…
THE TAMIL TRAGEDY
The 35-km ride from Katunayake International Airport into Colombo in a slow Mitsubishi coach I driven by a nervous Sinhala I is enveloped in silence.…
THE AFTERMATH
GANESHA’S temple had never seen so many supplicants, all with unanswerable prayers Colombo’s Tamils call it Pillaiyar Kovil, and its ornamented gateway on Galle Road…
HOLLOWING OUT
Privatisation will work only when the government sells more than 50 per cent of a state-owned company’s capital to the public and relinquishes management control.…
SELL SELL SELL
Two numbers speak eloquently about our schizophrenia over privatisation: the Rs 2.11 trillion ($32.5 billion) package announced on October 24 to recapitalise public-sector banks (PSBs);…
CLEFT STICK
When Aung san suu kyi won the Nobel Peace Prize in 1991, two years after the Dalai Lama and two years before Nelson Mandela, she…
FINGER ON THE PULES?
Two-thirds of Indians depend on agriculture for their livelihoods. As our farm crisis deepens, the government is tinkering around the edges by pushing irrigation, rural…
FUTURE TENSE
So let’s see: 2018 is supposed to be a good year for India. We have low inflation, the monsoon may be normal, manufacturing is finally…