31 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 31, Reuter – There are no magical solutions to the Philippines’ heavy foreign debt burden, Finance Secretary Vicente Jayme told a businessmen’s meeting. Earlier this month the Philippine Senate issued a flurry of tough proposals on the country’s $28.7 billion dollar foreign debt…
28 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 27 (Reuters) – India suffered a sharp reverse on Thursday in its air strikes against high-altitude intruders in Kashmir but lashed out angrily at Pakistan for its “hostile and provocative” act of downing two Indian jet fighters. The bitter foes stood close…
5 June 1988 Reuters News English (c) 1988 Reuters Limited MANILA, June 5, Reuter – To pay or not — that is the question facing the Philippines, only Asian nation on the World Bank’s list of 17 highly indebted, middle-income countries. The Philippines, with a foreign debt of 28.7 billion dollars, has received no new…
6 June 1988 The Toronto Star FIN B4 English Copyright (c) 1988 The Toronto Star MANILA, Philippines – “No one’s talking new money, so we must reduce external outflows,” Economic Planning Secretary (Minister) Solita Monsod said in a newspaper interview. “Confrontation is a state of mind. We’re not saying that we won’t pay, just that…
19 July 1988 Reuters News English (c) 1988 Reuters Limited MANILA, July 19, Reuter – Philippine officials said on Tuesday that It was up to President Corazon Aquino to interpret an anti-nuclear constitutional clause that could affect the future of the two main U.S. bases in the country. A joint executive-legislative panel set up by…
26 July 1988 Reuters News English (c) 1988 Reuters Limited MANILA, July 26, Reuter – The Philippines welcomes a decision by the U.S. Department of Agriculture (USDA) to increase its 1988 sugar import quota to 158,640 short tons from 110,600 tons, Agriculture Secretary Carlos Dominguez said. “We welcome the opportunity … and we will try…
27 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 26 (Reuters) – India unleashed two waves of air strikes on Wednesday to flush out guerrillas dug in on its side of a Kashmir ceasefire line, sharply raising temperatures on the nuclear-armed subcontinent. The use of air power was India’s first…
28 July 1988 Reuters News English (c) 1988 Reuters Limited MANILA, July 28, Reuter – The Philippines plans to approach its creditor banks for a new-money loan package and the International Monetary Fund (IMF) for a new funding program this autumn, central bank governor Jose Fernandez said on Thursday. He told a news conference that…
28 July 1988 Reuters News English (c) 1988 Reuters Limited MANILA, July 28, Reuter – Philippine President Corazon Aquino, secure in power near the end of a coup-free year, is trying to get tough with her problems. “The president feels she has to use some form of brass knuckles now where she was all sweetness…
29 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 28 (Reuters) – India suffered a second setback on Friday in its air campaign to root out infiltrators from its part of Kashmir when guerrillas brought down an attack helicopter with a Stinger missile, killing all four crewmen. The use of the…
29 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 28 (Reuters) – India suffered a second setback on Friday in an air campaign to root out infiltrators from its part of Kashmir when guerrillas brought down an attack helicopter with a Stinger missile, killing all four crewmen. The use of the…
3 August 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Aug 3, Reuter – The Philippines has told its commercial bank creditors they must help bridge a 1.8 billion dollar financing gap in 1989, a senior official close to talks held in New York last month told Reuters. The official said Philippine officials had…
30 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 30 (Reuters) – A top Indian official said on Sunday it was up to Pakistan to “undo what it has done” in Kashmir if the nuclear-armed neighbours were to step back from a growing confrontation over the Himalayan territory. “When other…
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 knotty economic problems, but analysts believe the nation will continue to open up to the world. “Liberalisation will have to continue whichever government comes in. This is economic reality,” said…
1 June 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, June 1 (Reuters) – India will not halt its air and ground assault against “infiltrators” in Kashmir even if Pakistan’s foreign minister arrives in New Delhi for talks on the crisis, senior Indian officials said on Tuesday. “There is no pre-condition” for the…
21 November 1989 Reuters News English (c) 1989 Reuters Limited NEW DELHI, Nov 21, Reuters – The leader of an increasingly powerful rightwing Hindu party said on Tuesday that India faces instability if the opposition alliance he backs wins this week’s elections. Lal Krishna Advani of the revivalist Bharatiya Janata Party (BJP) was harsh in…
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 there would be “no relenting” on air and ground operations in Kashmir, and accused Pakistan’s military of connivance with “armed intruders”. “There will be no relenting on any ground operations…
21 November 1989 Reuters News English (c) 1989 Reuters Limited Calcutta, Nov 21, Reuters – The six Bengalis splashing around a fire hydrant inches from cursing bus-drivers in the evening traffic are worried about their daily bath. “Election? What election? I have a holiday on polling day and plan to visit my mother,” says Barun…
13 June 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, June 13 (Reuters) – India and Pakistan, daggers drawn in Kashmir, held a dialogue of the deaf on Saturday. The stand-off set some Indian newspapers speculating whether they were on the path to a wider war. India is waging a costly air and…
22 November 1989 Reuters News English (c) 1989 Reuters Limited NEW DELHI, NOV 22, Reuter – Political instability likely to result from this week’s elections could dangerously slow India’s economic growth, economic analysts said. They said the new government could also face a resource crisis brought on by plunging foreign exchange reserves, unbridled domestic demand…
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 economy was on a high growth path and was expected to grow at over six percent in 1999/2000 (April-March). “The economy is now on a higher growth path. In 1999/2000,…
22 November 1989 Reuters News English (c) 1989 Reuters Limited NEW DELHI, Reuter – Political instability likely to result from this week’s elections could slow India’s growth dangerously, analysts said on Wednesday. They said the new government would also face a resource crisis brought on by plunging foreign exchange reserves, unbridled domestic demand and a…
29 June 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, June 29 (Reuters) – Consumer electronics firm Philips India Ltd has shed nearly a third of its staff over the past five years, but is still not slim enough to achieve optimum shareholder value, its chief said. Asked if Philips India, 51 percent-owned…
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 dusty view across the Punjab countryside, the waiting crowds are chanting militant Sikh slogans. Khalsa, widow of one of prime minister Indira Gandhi’s assassins, has come to symbolise the anger…
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 them” as they contain battles in Kashmir within Indian territory and resist the temptation to widen the theatre of combat, senior defence officials say. In conversations over the weekend with…
24 November 1989 Reuters News English (c) 1989 Reuters Limited LUDHIANA, India, Nov 24, Reuter – At least 26 people were killed on Friday on the second day of India’s general election, taking the death toll in the three-stage poll in the world’s largest democracy to 60. Prime Minister Rajiv Gandhi meanwhile brought his campaign…
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 eased the pressure on a strategic highway, but there are still more than 1,000 infiltrators clinging to high ridges, a senior defence official said on Thursday. Painting a detailed picture…
24 November 1989 Reuters News English (c) 1989 Reuters Limited LUDHIANA, India, Nov 24, Reuters – Indian Prime Minister Rajiv Gandhi wound up an exhausting election campaign on Friday, addressing a sparse crowd standing up to its ankles in mud. Chief rival Vishwanath Pratap Singh ended his campaign jubilant. “Congress will be routed,” Singh told…
18 July 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, July 18 (Reuters) – Indian Foreign Minister Jaswant Singh on Sunday urged Pakistan to endorse the “inviolability” of a military control line in Kashmir and halt support for Islamic militants in Indian territory. “Inherent in the inviolability aspect of the LOC is certainly…
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 Sunday with an exit poll from earlier voting predicting that Prime Minister Rajiv Gandhi faces major losses. The survey, conducted by the independent India Today magazine, forecast neither Gandhi nor…
27 November 1989 Reuters News English (c) 1989 Reuters Limited NEW DELHI, Nov 27, Reuter – A giant petrochemical project could hold a clue to whether India’s main communist party will throw its weight behind Prime Minister Rajiv Gandhi as he heads towards an election defeat. Gandhi’s Congress party appeared on Monday to be…
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 national elections, but industrialists and economists said they expected business to carry on as usual. They said industry’s energetic growth over the past five years had generated its own…
27 August 1991 Reuters News English (c) 1991 Reuters Limited TOKYO, Reuters – India hopes to receive substantial financial aid from a consortium of donors next month, Finance Secretary Sriranga Shukla said on Tuesday. Shukla, in Tokyo for talks ahead of the September 19-20 meeting in Paris, said the International Monetary Fund (IMF) and World…
17 September 1991 Reuters News English (c) 1991 Reuters Limited TOKYO, Reuter – Most Asian stock markets, casting around for fresh stimulus, weakened on Tuesday while the dollar declined in late regional trade against the mark. But Tokyo stocks, buoyed by hopes of easier credit, bucked the declining trend with the 225-share Nikkei average up…
13 April 1992 Reuters News English (c) 1992 Reuters Limited TOKYO, Reuters – India intends to ask the International Monetary Fund (IMF) for more contingency funds, although foreign reserves are at a very comfortable level, Finance Minister Manmohan Singh said. Singh, who has spearheaded a series of sweeping reforms that have turned India’s socialist economic…
6 August 1998 Reuters News English (c) 1998 Reuters Limited NAMBLA, India, Aug 6 (Reuters) – The people of Nambla are sitting ducks in the world’s deadliest game of target practice, and their fear hangs in the air, thick with the smell of cordite. At least 500 Pakistani shells have landed in this once idyllic…
8 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 8 (Reuters) – India rejects fears by “yesterday’s imperialists or today’s new imperialists” that it may not be able to handle its nuclear arsenal, Foreign Minister Jaswant Singh said on Saturday. Asked to comment on Western fears that India and Pakistan lacked…
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 had “irrefutable evidence” that Pakistan’s Prime Minister Nawaz Sharif had been kept in the dark by his military commanders about the Kashmir infiltration. But Fernandes, speaking to Reuters in an…
29 August 1992 Los Angeles Daily News Valley The Japanese government Friday approved an $87 billion spending package – the nation’s largest since World War II – in a bid to jolt the dormant economy back to life. During a late-evening meeting, government ministers rubber-stamped the growth-boosting package totaling 10.7 trillion yen. The massive package was in line…
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 was sure Pakistan’s military chiefs would not resort to the use of nuclear weapons against India because they would “liquidate” their own country In the process. Asked if the Kashmir…
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 general fears they will return as Islamabad reverts to running a “proxy war” in Kashmir. Chief of Army Staff General Ved Prakash Malik said comments by Pakistan’s political leaders in…
28 December 1992 Reuters News English (c) 1992 Reuters Limited TOKYO, Dec 28, Reuter – Satellite and cable television is approaching rice status as a staple in the Asian diet but some governments feel threatened by the foreign encroachment. Viewers across Asia are tuning in to a cornucopia of information and entertainment. Millions of Asians…
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 foray in disputed Kashmir had been “tactically ambitious, but strategically a disaster”. But India would have to keep troops in the area to fend off future attacks, Lieutenant-General R.K. Sawhney…
28 December 1992 Reuters News English (c) 1992 Reuters Limited TOKYO, Dec 28, Reuter – Satellite and cable television is approaching the status of rice as staple in the Asian diet but some governments feel threatened by foreign encroachment on their airwaves. Viewers across Asia are tuning in to a cornucopia of information and entertainment. …
5 September 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, Sept 5 (Reuters) – Little more than half of 166 million eligible voters took part in the first round of India’s general election on Sunday in a poll widely predicted to deliver the first majority government in 15 years. Five people died in…
29 December 1992 The Globe and Mail All material copyright Thomson Canada Limited or its licensors. All rights reserved. Tokyo SATELLITE and cable television is approaching the status of rice as staple in the Asian diet but some governments feel threatened by foreign encroachment on their airwaves. Viewers across Asia are tuning in to a cornucopia…
29 May 2001 Reuters News English (c) 2001 Reuters Limited HANOI, May 29 (Reuters) – Vietnam urged President George Bush on Tuesday to build on Bill Clinton’s work In normalising ties with Hanoi by sending a trade deal to Congress for ratification. Vice Foreign Minister Chu Tuan Cap told Reuters the historic market-opening pact signed…
4 January 1993 Straits Times English (c) 1993 Singapore Press Holdings Limited Some govts feel threatened by foreign encroachment on airwaves TOKYO – Satellite and cable television is approaching the status of rice as a staple in the Asian diet but some governments feel threatened by foreign encroachment on their airwaves. Viewers across Asia are…
1 February 1993 Reuters News English (c) 1993 Reuters Limited TOKYO, Feb 1, Reuter – Currency speculators who sparked a fresh crisis in the European monetary system over the weekend brought their heavy guns to bear on Britain’s currency on Monday, ramming the pound to new lows in Tokyo trading. Asian stock markets were mixed. …
28 November 2001 Reuters News English (c) 2001 Reuters Limited HOBART, Australia, Nov 28 (Reuters) – Australian Harry Burton, a Reuters cameraman killed with three other journalists in Afghanistan last week, was buried on Wednesday after a church service attended by family, friends and colleagues. Burton, 33, was laid to rest next to his…
22 April 1993 Reuters News English (c) 1993 Reuters Limited TOKYO, April 22, Reuters – One of the architects of India’s radical economic reforms said on Thursday the changes sweeping the country were irreversible despite recent religious and political strife. “Now there is no doubt about the permanence and irreversibility of reform. You cannot re-erect…
18 March 2002 Reuters News English (c) 2002 Reuters Limited BANGKOK, March 18 (Reuters) – Thai Prime Minister Thaksin Shinawatra, embroiled in a row with media critics, promised on Monday to keep the press free and said threats to expel foreign journalists had been made by the police, not his government. Thaksin told Reuters in…
20 August 1993 Reuters News English (c) 1993 Reuters Limited TOKYO, Aug 20 (Reuter) – The Japanese government heaved a sigh of relief on Friday after action by the United States yanked the yen back from a close brush with parity with the U.S. cent. But currency traders served notice that the rampant yen was…
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 performers in Asia so far this year, said on Tuesday he expected market capitalisation to rise 50 percent thanks to new issues and higher share prices. Stock Exchange of Thailand…
20 March 2002 Reuters News English (c) 2002 Reuters Limited BANGKOK, March 20 (Reuters) – Thailand will see growth of at least three percent this year and more if the U.S. economy picks up faster than expected, Thai Finance Minister Somkid Jatusripitak forecast on Wednesday. Somkid told Reuters in an interview the government of Prime…
14 September 1993 Reuters News English (c) 1993 Reuters Limited TOKYO, Sept 14 (Reuter) – Japan’s sickly economy has been contracting as its stubborn trade surplus balloons, government figures showed on Tuesday. Gross national product (GNP) shrank 0.5 percent in the April/June quarter from the previous quarter after adjustment for inflation, the government’s Economic Planning…
13 December 1993 Reuters News English (c) 1993 Reuters Limited TOKYO, Dec 13 (Reuter) – Japan’s Chief Cabinet Secretary Masayoshi Takemura said Tokyo had every intention of making a decision on opening the country’s rice market by late Monday. Leaders of the eight-group ruling coalition were to meet during the evening to decide whether to accept…
14 April 2003 Reuters News English (c) 2003 Reuters Limited ISLAMABAD, April 14 (Reuters) – Pakistan, a key U.S. ally in the war on terror, said on Monday American policies were polarising the world between Muslims and non-Muslims, and creating a highly charged and potentially violent atmosphere. Criticising the use of force against Iraq, Interior…
15 April 2003 Reuters News English (c) 2003 Reuters Limited ISLAMABAD, April 15 (Reuters) – Pakistan’s foreign minister on Tuesday warned India of massive retaliation if it tried to launch a pre-emptive strike on his country, arguing that Islamabad had a more advanced missile programme than New Delhi. Mian Khursheed Mehmood Kasuri described as “irresponsible”…
15 April 1994 Reuters News English (c) 1994 Reuters Limited TOKYO, April 15 (Reuter) – A leading opposition politician is preparing to revolt against his party in hopes of becoming Japan’s next prime minister, NHK public television said on Friday. Meanwhile, the fate of the nation’s ruling coalition, riven by a struggle for power, hung…
27 May 2003 Reuters News English (c) 2003 Reuters Limited SEOUL, May 27 (Reuters) – South Korea is encouraged by North Korea’s softer stance on talks about its nuclear ambitions and there are signs Pyongyang may be prepared to reach a deal, Seoul’s top foreign policy adviser told Reuters on Tuesday. Ban Ki-moon, who…
21 September 1994 Reuters News English (c) 1994 Reuters Limited TOKYO, Sept 21 (Reuters) – India’s new telecommunications policy will open the domestic market to foreign firms, end a century-old state monopoly and aim to provide 60 telephones for every 1,000 people by 2000, a minister said on Wednesday. India now has 9.64 telephones per…
12 September 2003 Reuters News English (c) 2003 Reuters Limited BEIJING, Sept 12 (Reuters) – China has not ruled out another big bailout of its ailing state-run banking sector but sees signs the banks have turned a corner and are on track to meet foreign competition, the country’s new banking regulator said on Friday.…
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 he did not think a nuclear war would erupt on the subcontinent over the disputed territory. “I think India has never thought of using a nuclear option, and Pakistan would…
20 March 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, March 20 (Reuter) – Democracy has taken root in most African countries but needs nurturing, Commonwealth Secretary-General Chief Emeka Anyaoku said on Thursday. He told Reuters in an interview that, with serious strife persisting in such countries as Rwanda, Zaire and Sudan, the…
12 September 2003 Reuters News English (c) 2003 Reuters Limited BEIJING, Sept 12 (Reuters) – China’s new banking regulator said on Friday foreign banks should begin making up lost ground and challenge local peers within months, dismissing concerns they are losing market share in a potentially highly lucrative market. Foreign banks now command a…
26 March 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, March 26 (Reuters) – Salman Haidar will be an immovable object facing a resistible force when he sits down this Friday for India’s first talks with Pakistan in three years. Haidar, India’s Foreign Secretary or seniormost diplomat, inspires strong feelings, not all warm,…
15 September 2003 Reuters News English (c) 2003 Reuters Limited TAIPEI, Sept 15 (Reuters) – Taiwan will permit its banks to do business in China next year if mainland regulators grant the island some supervisory authority and allow banks to accept local currency deposits, Taiwan’s top policymaker on China said on Monday. A week after…
15 September 2003 Reuters News English (c) 2003 Reuters Limited TAIPEI, Sept 15 (Reuters) – China is to blame for growing frustrations in Taiwan that have bubbled over into popular demands for the island to change its official name, a senior policymaker said on Monday. The official made clear the government had sympathy with a…
15 September 2003 Reuters News English (c) 2003 Reuters Limited TAIPEI, Sept 15 (Reuters) – Taiwan still holds the upper hand against China in trade competition but will open direct links with the mainland only in stages because of security and economic risks, the island’s top policymaker on China said on Monday. Tsai Ing-wen, chairwoman…
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 and radio, Information and Broadcasting Minister Jaipal Reddy said. Reddy, a leader of the Janata Dal, the largest group in India’s ruling centre-left coalition, told Reuters in an interview late…
16 September 2003 Reuters News English (c) 2003 Reuters Limited TAIPEI, Sept 16 (Reuters) – Douglas Paal, Washington’s unofficial ambassador to Taipei, must choose his words carefully as he navigates the treacherous shoals of politics across the Taiwan Strait. Yet on the subject of SARS his language is unusually blunt. Faced with a medical…
15 June 1997 Reuters News English (c) 1997 Reuters Limited CALCUTTA, India, June 15 (Reuters) – India is not likely to see a return to one-party rule, a leader of the current ruling coalition said. Jyoti Basu said his Communist Party of India (Marxist) or CPI(M), which has made a success of multi-party politics, had valuable…
17 October 2003 Reuters News English (c) 2003 Reuters Limited SEOUL, Oct 17 (Reuters) – South Korean President Roh Moo-hyun dismissed North Korea’s threat to prove it has a nuclear deterrent as pre-talks bluster on Friday and said Pyongyang was really after regime survival and aid rather than atomic weapons. In an interview at the…
9 December 2003 Reuters News English (c) 2003 Reuters Limited BOMBAY, Dec 9 (Reuters) – India’s largest truck and bus maker Tata, riding a dramatic return to profits and fuelled by new global ambitions, expects to see explosive growth starting in 2006, a senior executive said on Tuesday. Ravi Kant, executive director of the commercial…
9 December 2003 Reuters News English (c) 2003 Reuters Limited BOMBAY, Dec 9 (Reuters) – Hindalco Industries, a leading Indian maker of non-ferrous metals, aims to expand its aluminium and copper capacity through expansion and acquisitions to attain global reach, its managing director said on Tuesday. Hindalco is the flagship of India’s third-largest conglomerate by…
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 of his apparent policy flip-flops over the weekend, this time over the sensitive issue of Kashmir. Gujral stunned friends and foes alike on Saturday by holding out an olive branch…
11 December 2003 Reuters News English (c) 2003 Reuters Limited NEW DELHI, Dec 11 (Reuters) – India hopes to reduce its dependence on imported crude to half its requirement in seven years from 70 percent as a result of new domestic oil and gas discoveries, Oil Minister Ram Naik told Reuters on Thursday. “This…
14 August 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Aug 15 (Reuters) – India’s leaders gathered in their parliament’s majestic Central Hall on Thursday night to relive their nation’s “tryst with destiny” a half-century ago. The vast domed chamber, its thick warm air stirred ineffectually by ancient fans, was packed with lawmakers…
9 January 2005 Reuters News English (c) 2005 Reuters Limited COLOMBO, Jan 9 (Reuters) – The only problem Sri Lanka’s intrepid garment makers faced after a giant tsunami hit two weeks ago was a slight rise in absenteeism at some of the hundreds of garment factories dotting the Indian Ocean island. “In one zone in…
15 August 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Aug 15 (Reuters) – India put on a dazzling show of fireworks, laser beams and parades capped early on Friday by a solemn ceremony in parliament that relived the moment 50 years ago when the subcontinent won independence. Thousands of people led by…
Reuters News 5 September 1997 English (c) 1997 Reuters Limited NEW DELHI, Sept 6 (Reuters) – An Indian bureaucrat who wrote two biographies of Mother Teresa remembers her as a woman with a mischievous sense of humour who wielded formidable administrative skill to control her worldwide organisation. “It was a very special morning,” Navin Chawla…
29 August 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Aug 29 (Reuters) – Indian Finance Minister P. Chidambaram said the rupee’s volatility had subsided and the policy of the Reserve Bank of India (RBI) was to intervene to prevent volatility and speculative activity in the market. “The value of the rupee will be…
15 October 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Oct 15 (Reuters) – Queen Elizabeth’s visit to India was hit by fresh controversy on Wednesday after an apparent misunderstanding over the protocol of her giving a speech in a provincial capital. British officials told reporters the Indian government had cancelled the speech…
16 September 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Sept 16 (Reuter) – India’s government, clearly alarmed by a fiscal deficit that was threatening to soar out of control, moved on Tuesday to boost revenues with a host of steps including a jump in import tariffs and a cut in federal spending. …
20 November 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Nov 20 (Reuters) – India faced the prospect of fresh elections on Thursday as the country was convulsed by a frenzy of political gamesmanship. The only real question appeared to be when, not whether, the new polls would be held. “It may happen…
30 September 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Sept 30 (Reuters) – A militant group in Kashmir on Tuesday said an exhumed body was that of the group’s leader and not one of four missing Western hostages as suspected. The chief of police in India’s Jammu and Kashmir state said forensic…
19 October 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Oct 19 (Reuters) – India looked back in frustration on Sunday at a visit by Britain’s Queen Elizabeth that read like a “how not to” catalogue of perceived insults and diplomatic missteps. The state visit, to mark India’s 50th year of freedom from…
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 on Thursday with sources close to the Indian government charging that Britain’s ruling Labour Party had a “hidden agenda” to create an independent Kashmir region. Even as British officials scrambled…
“In India, I See a Lot More Acceptance of Gender in the Workplace” DuPont Chair & CEO ELLEN KULLMAN in conversation with CHAITANYA KALBAG. Edited excerpts: Do you think the India-US CEO Forum you are a member of has managed to get things moving a bit in terms of a more positive attitude towards bilateral…
24 November 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Nov 24 (Reuters) – The collapse of Yamaichi Securities could signal the end of the worst of Japan’s “post-bubble” economic adjustment, Asian Development Bank (ADB) President Mitsuo Sato said on Monday. “I think we need to go through that kind of challenge in…
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 Poddar, Partner, Ernst & Young, Samiran Chakraborty, Regional Head of Research, Standard Chartered Bank and Nilesh Shah, President, Corporate Finance, Axis Bank, shared their views. Edited excerpts Chaitanya Kalbag: All…
27 November 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Nov 27 (Reuters) – “May you be the mother of a hundred sons.” That benediction has been called down upon generations of Hindu brides in India, but the country’s junior health minister Renuka Chowdhury has a new mantra: “One is fun.” Some demographers…
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 and a political crisis that only deepened after Prime Minister Inder Kumar Gujral’s resignation. Newspapers were cynical about what lay ahead and ran banner headlines like “Experiment Coalition: Abort, Fail,…
The Janata Party will soon split. The Janata Party has always been a loose coalition. The Janata Party’s constituents have view-points and ambitions that differ too widely. The Janata Party was a short-lived experiment in democracy. Opinions like these began to rotate slowly in the air when hardly a few months had passed after the…
“Goodness is something to be chosen. When a man cannot choose, he ceases to be a man.” …
Suddenly that unsporting term, Race, reared its colored head above the British horizon towards mid-1976. 19-year-old Dinesh Chaudhuri, and a Palestinian friend, were stabbed to death in London’s Woodford area on May 21. Gurdip Singh Chaggar, another teenaged Sikh youth, was killed on June 4 in Southall. On June 12, a white youth was murdered…
8 January 2005 Reuters News English (c) 2005 Reuters Limited SAMMANTHURAI, Sri Lanka, Jan 8 (Reuters) – Sitting cross-legged on the cramped, bucking floor of a Black Hawk helicopter as it roars above central Sri Lanka’s pristine jungle and muddy rivers, aid has never seemed as complicated. A second U.S. Air Force Black Hawk…
7 January 2005 Reuters News English (c) 2005 Reuters Limited COLOMBO, Jan 7 (Reuters) – More than 30,000 Sri Lankans lost their lives when the tsunami hit their island the day after Christmas, but perversely the economy looks like it will gain from the destruction, analysts said on Friday. The Sri Lankan rupee has been…
5 January 2005 Reuters News English (c) 2005 Reuters Limited TANGALLA, Sri Lanka, Jan 5 (Reuters) – From a few hundred feet up, with the breakers curling lazily on mile after mile of yellow sand beneath blue skies, it is easy to see why this teardrop-shaped island was once called Serendip. But there was…