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…
Read more
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…
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…
The Rainmaker
The Mac II, launched on March 2. 1987, cost $5.500 and was the first computer with a colour graphical interface. Three years earlier Apple had…
Breakout Companies
From the Editor Raghuram Govind Rajan is a lucky man. Two weeks into his new job as Governor of the Reserve Bank of India his…
Cheat Funds
From the Editor Sometimes India’s economy resembles a rambunctious teenager brought up short by a finger-wagging headmaster. Our finance minister can now recite with his…
Watch Your Step
From the Editor Three economists are gazing at a glass half full of water. The optimist sees a glass half full. The pessimist sees a…
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…
Prem Ji Is Back
From the Editor By the time this issue of Business Today hits the news stands, voting for new governments in three Indian states will be…
Modi Unlimited
Coasting down the six-lane highway from Ahmedabad to Gandhinagar, wheels barely touching the asphalt, it is tempting to forget that you are in the India…
Buy Me, Buy Me Not
From the Editor Stock markets and their behavior are an inexact science. Technical analysts will study head and shoulders patterns, Fibonacci retracements, stochastic oscillators and…
Going Nowhere
From the Editor I remember my first car with great fondness. It was a Fiat 1100D, and I crashed it barely a month after my…
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…
Passing The Buck
Nearly two months after a shocked Parliament was rocked by the Nellie and Gohpur massacres and the bloodbath that had drenched Assam during February’s’ election…
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…
The Method Man
Gujarat’s Chief Minister tells Chaitanya Kalbag in a wide-ranging interview that policy and process make a heady development cocktail Narendra Modi is not a tall…
Scrabbling Away From the Abyss
Nitish Kumar’s victory in last month’s Bihar election celebrates the triumph of economics over feudalism, but the climb out of poverty will be steep and…
The Daisy’s Petals
Will we get a Lokpal? Will we not? The answer is blowin’ in the wind It’s a NAIL-BITER. I predicted in another column that the…
Great Stress Test
It’s good we now have a GST, but its design is another matter Since you all love acronyms for the Good and Simple Tax and…
BANK THE RESERVE
The government must resist the temptation to dip its hand in the till The Reserve Bank Of India (RBI) is the best-run company in India:…
Hollowing Out
Governments cynically scoop out value from their own companies Privatisation will work only when the government sells more than 50 per cent of a state-owned…
Sell Sell Sell
The government must take courage and embrace privatisation Two numbers speak eloquently about our schizophrenia over privatisation: the Rs 2.11 trillion ($32.5 billion) package announced…
Bhag Piyush Bhag
Can the new Railway minister outrun the challenges? Piyush Goyal is a chartered accountant, lawyer, former investment banker, former Bharatiya Janata Party treasurer, and a…
How to make more with less
Team leader Modi is fishing in a shallow talent pool How much a hurry is prime minister Narendera Modi in? It depends on your horizon.…
A first-rate problem
I believe the government is counting too much on the RBI to wield the magic wand India’s economy is lurching like a car with two…
Keep The Ballast
We need our institutions as much as we need our democracy Narendera Modi’s first term in office will be bracketed by malodorous stand-offs with two…
Glass Half-Full?
Strong, sustained growth is possible—if we don’t trip ourselves up We can hope that in the run-up to the next general election we will not…
Viral Fever
The only antidotes to fake news are truth and commonsense Start exercise your smartphone thumb, because the next big election will be fought on our…
Red-Letter Days
Many anniversaries this year, but few happy ones This is a year of anniversaries , some unpleasant, some prescient, some momentous. CE 2019 is important…
NaMo the FMCG
Merchandise, tourism, a board game, a biopic, a web series … If you want to decompress from the 2019 election campaign, and haven’t already donned…
Off the Blocks
Get set: Campaign 2019 will rivet, horrify and confound you For the second time in five years, I was struck by how apposite Rud-yard Kipling’s…