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Interview of Kumar Mangalam Birla

Few of us know that KUMAR MANGALAM BIRLA, Chairman of the Aditya Birla Group, produced the critically acclaimed Hindi movie Black. Or that he has…

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Focus- India set for Hindu-led coalition government

10 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 10 (Reuters) – India was set on Tuesday for a new coalition…

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India’s BJP wins power, but daunting task ahead

15 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 15 (Reuters) – Atal Behari Vajpayee received the green light on Sunday…

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India’s Vajpayee tries to form coalition

16 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 16 (Reuters) – The leader of India’s Hindu-dominated Bharatiya Janata Party (BJP)…

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Focus- Hindu leader Vajpayee takes power in India

19 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 19 (Reuters) – Hindu nationalist leader Atal Behari Vajpayee took office on…

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India unmoved by prospect of being global pariah

12 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 12 (Reuters) – India was engulfed by waves of international anger and…

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Focus- India says Pakistan N-tests justify policy

29 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 28 (Reuters) – The Indian government reacted calmly on Thursday to news…

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India’s Vajpayee should “go for broke”, rival says

29 November 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Nov 29 (Reuters) – India’s wounded Bharatiya Janata Party should ram through an…

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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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ANALYSIS-India’s Sonia Gandhi plays brinkswoman

18 May 1999 Reuters News English (c) 1999 Reuters Limited   NEW DELHI, May 17 (Reuters) – Sonia Gandhi spent 16 years observing India’s most…

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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 aims to give 6 pct of people phones by 2000

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…

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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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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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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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Mathematics Of Ragas

When Frenchman Bernard Bel and American Jim Arnold met by chance in a Delhi hotel in September 1979, it turned out to be a momentous…

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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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