INTERVIEW-PROF. C.N. VAKIL
The Government Is Helping Create A Privileged Class!’ Professor C.N. Vakil, eminent economist, formerly Director, School of Economics and Sociology, University of Bombay, and Director,…
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Frozen in the Headlights
Poor Manmohan Singh is caught between the Pros and the Cons. The Pros in the Opposition are telling the prime minister, who has never seemed…
MANILA OUTLINES 1988 BORROWING, BUDGET PLANS
7 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 7 – The Philippine government will issue treasury bills and notes totalling 29.8…
Privatisation Proves to be Gordian Knot for Manila Trust
10 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 10, Reuter – A sword poised over a Gordian knot is the official…
PHILIPPINES’ 1989 BUDGET SET AT 190 BILLION PESOS
8 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 8, Reuter – The Philippines will have a 1989 deficit of 28.5 billion…
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…
PHILIPPINE AIR LOSS SAID TO THREATEN PRIVATISATION
27 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 27, Reuter – Philippine Airlines Inc’s loss in the 1987/88 fiscal year may…
Keep Your Expectations Low
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…
What the Government Needs to Do Now
Despite the crisis, a clear message must be sent to the investor community that India is open for business. There was an initial spurt of…
IT’S THE ELECTION, STUPID
The economy is whirling around in a populist spiral Pranab Mukherjee is starting to look worryingly like a feckless heir squandering his generous inheritance while…
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…
Excise Duty-More Slaps Than Sops
Pranab Mukherjee’s first budget, at first glance so redolent of status quo, is peppered with little booby traps. Two paragraphs in his speech have caused…
Not Selling Volumes
It was a browser’s dream come true kilometres of books that took hold of the bibliophile’s heart-strings and did not stop tugging for hours. For…
ITC – Haksar’s last Hurrah
Sentimentality rarely intrudes in to shareholders’ meetings, but this one was different. Over 3,000 had gathered in the incongruous setting of a Calcutta cathedral compound…
Friend in Need
The Rashtriya Swyamsewak Sangh (RSS) is everybody’s favourite bugbear. So perhaps it was inevitable that it would be accused of having a hand in the…
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…
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…
Finger on the pules?
Modi has promised to double farmers’ incomes by 2022, but angry farmers have lost faith Two-thirds of Indians depend on agriculture for their livelihoods. As…