Calcutta -The City That Refuses to Die
Nowhere else in India do people engulf you as they do in Calcutta. From the moment you step off your train or plane, and begin…
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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…
FOCUS-At least nine dead in severe India quake
29 March 1999 07:16 Reuters News English (c) 1999 Reuters Limited NEW DELHI, March 29 (Reuters) – At least nine people died in two north…
CALCUTTA’S INDIANS TAKE ELECTIONS IN STRIDE
21 November 1989 Reuters News English (c) 1989 Reuters Limited Calcutta, Nov 21, Reuters – The six Bengalis splashing around a fire hydrant inches from…
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…
Sri Lanka’s garment makers want trade, not aid
9 January 2005 Reuters News English (c) 2005 Reuters Limited COLOMBO, Jan 9 (Reuters) – The only problem Sri Lanka’s intrepid garment makers faced after…
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…
Woollen blankets, used clothing clog Sri Lanka aid pipeline.
8 January 2005 Reuters News English (c) 2005 Reuters Limited SAMMANTHURAI, Sri Lanka, Jan 8 (Reuters) – Sitting cross-legged on the cramped, bucking floor…
ANALYSIS-Sri Lanka’s economy does not take tsunami lying down
7 January 2005 Reuters News English (c) 2005 Reuters Limited COLOMBO, Jan 7 (Reuters) – More than 30,000 Sri Lankans lost their lives when the…
Sri Lankan chronicle of deaths unforetold.
5 January 2005 Reuters News English (c) 2005 Reuters Limited TANGALLA, Sri Lanka, Jan 5 (Reuters) – From a few hundred feet up, with…
CALCUTTA IS FOEVER
Thirty years ago, a dishevelled man leaned across and shouted at me in the smoke-filled, raucous Olympia bar on Calcutta’s Park Street: “Calcutta is forever!”…
Sri Lanka tsunami aid becomes geopolitical game
3 January 2005 20:17 Reuters News English (c) 2005 Reuters Limited COLOMBO, Jan 3 (Reuters) – Sri Lanka’s tsunami devastation has drawn a huge international…
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,…
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…
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.…
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
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-…
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…
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…
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…
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…
The Bhajan Bludgeon
The Sprawling city that Charles-Edouard le Corbusier had designed for bureaucrats and retired people looked like an army encampment girding up for an enemy onslaught.…
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…
Lok Dal-Taken For A Ride
No point of no return was so final as the one Charan Singh and Devi Lal reached on July 21. The crusty Jat leaders have…
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:…
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…