The Don of Dhanbad
Dhanbad’s dreaded Mafia gangs were riveting topics of conversation last fortnight, and for different reasons. Film actor Shatrughan Sinha, with the blessings of the ruling…
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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…
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…
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…
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,…
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…
Mai-Baap re Baap
The Civil service still remain a big draw Fresh out of South Africa, Mohandas Gandhi made a particularly strong speech in Benares in February He…
India, The Class Act
With this kind of rebellious example, how will fair play and righteousness prevail? Won’t the lower castes get out of hand? In this decadent age,…
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…
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…
Bihar Press Bill-Battle Cry
Whatever else the government is butter-fingered at doing, it is adept at keeping the results of its impetuosity in a state of continuing suspense’. The…
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…
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…
An Heir Splitting Legacy
The story is as complicated as the whorls on a fingerprint, a ready-made screen-play bursting with grandeur, feudalism, pretension, and the tattered remnants of pomp…
Bihar – For Whom The Bill Tolls
One of the misconceptions spawned by the Bihar Press Bill is that it will emasculate Bihar’s journalists. The truth is that Bihar’s journalists have already…
Marching To Discovery
In the coolness of the early morning there is little traffic on National Highway 3. Outward bound from Nasik, the tar stretches infinitely in mottled…
Interview: Anil Agarwal
“Everybody is going to die, but I am going to die last.” He started out as a scrap trader in Patna. Today, with a personal…
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…
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:…
Cleft Stick
India, Bangladesh and Myanmar face an identity crisis When Aung san suu kyi won the Nobel Peace Prize in 1991, two years after the Dalai…
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…
Waterless World
How melting Himalayan glaciers and Chennai’s dry taps are connected Time was when ‘Glacial Speed’ used to mean ‘very, very slowly’. That has changed forever.…
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…