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TARAPUR – CLOSE TO SHUTDOWN? 

“I have said that we will never take to nuclear weapons even if this country is going to be destroyed in the absence of (such…

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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…

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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…

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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,…

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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…

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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…

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JAPAN-U.S. TUSSLE LIKELY TO DOMINATE ADB MEETING

27 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 27, Reuter – The Asian Development Bank annual meeting starting on Thursday is…

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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…

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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…

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ADB COMES UNDER FIRE FOR LENDING POLICIES

29 April 1988  Reuters News  English  (c) 1988 Reuters Limited  MANILA, April 29, Reuter – The Asian Development Bank’s lending policies came under fire at…

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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…

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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…

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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…

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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…

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India relives midnight “tryst with destiny”

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…

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India celebrates half-century of independence 

15 August 1997  08:15  Reuters News  English  (c) 1997 Reuters Limited  NEW DELHI, Aug 15 (Reuters) – India put on a dazzling show of fireworks,…

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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…

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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…

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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.”…

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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,…

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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…

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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.…

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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…

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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…

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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…

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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-…

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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…

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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…

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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…

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Spoil Of Sycophancy

For all those journalists who think they belong to a thankless and poorly-paid profession, there is hope on the horizon. It comes from the latest…

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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…

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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…

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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,…

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KEEP THE BALLAST

Narendera 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…

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