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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INTERVIEW-AMBIKA SONI
“WE WERE ALL COWARDS!” When Anand Mohan and Chaitanya Kalbag called on Mrs. Ambika Soni in Delhi on August 17, they expected her to come…
INTERVIEW-L.K. ADVANI
INFORMATION & BROADCASTING MINISTER L.K. ADVANI ‘I Am Not Happy with The Pattern of Newspaper Ownership’ Transindia: Mr. Advani, many people feel today that the…
INTERVIEW-JANATA PARTY PRESIDENT CHANDRA SHEKHAR : Mrs. Gandhi Will Have To Answer To Many Things
Transindia: Mr. Chandra Shekhar, do you think you have one of the most thankless jobs in the country today, what with having to build up…
INTERVIEW : Brahmananda Reddy’
CONGRESS PARTY PRESIDENT- BRAHMANANDA REDDY “We Will Return to Power Soon” Transindia: Mr. Reddy, many people feel that the Congress Party has had a great…
LETTER FROM THE EDITOR
NEWS does not have to scream from the headlines to be news. In fact, it is probably one of the failings of the media that…
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…
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…
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…
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…
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,…
The Best Companies to Work for
At Business Today we write about companies all the time. Often, it is a top-down view. We meet the Chief Executive Officer, the senior members…
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…
The Luxury Issue
Looking down at my bowl of gazpacho at dinner one recent night. I realised that I do not own a single moustache spoon, with guards,…
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.…
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…
INDIA : Return To Normalcy
Prime Minister Indira Gandhi’s dramatic announcement on January 18 that the Emergency in India is being relaxed and that elections to the Lok Sabha will…
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…
MRS GANDHI Vs. THE CHALLENGERS
Speaking about the 1971 elections to a Newsweek correspondent, Mrs Indira Gandhi had said: “I am the real issue in this election.” In 1977, too,…
THE NEW DEAL IN NEW DELHI
There had been many signs of the anti-Congress wind in the final days of the 1977 election campaign, but its magnitude amazed the canniest political…
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…
UTTAR PRADESH – PEACE OF THE GRAVEYARD
I know no one can do me no harm because happiness is a warm gun. Yes it is. Vishwanath Pratap Singh had cause to be…
UNTIL DEATH DO US PART
No Amount of civilised debate can take away from the savagery of the traditional Indian marriage. In the last few weeks, eight women have died…
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…
TELLING NUMBERS
Look Carefully at all the Headlines, screaming or otherwise, that are popping up these days about corruption. How many of them feature women? Study after…
The Dog’s tail
There is no loophole that has not met an Indian taxpayer. A Hindi proverb says you can never straighten a dog’s tail (kutte ki poonch…).…