India’s Marxist veteran looks back with pride
Calcutta, India, June 15 (Reuters) – The leader of the world’s oldest democratically elected communist government looked back on his 20 years in power and…
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Who’s afraid of India’s Hindu nationalists?
3 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 3 (Reuters) – India’s Bharatiya Janata Party appeared tantalisingly close on…
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…
ANALYSIS-Unlikely actors in India’s passion play
25 April 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, April 25 (Reuters) – What do a former housewife who speaks Italian-accented…
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…
26 KILLED ON SECOND DAY OF INDIA’S GENERAL ELECTION
24 November 1989 Reuters News English (c) 1989 Reuters Limited LUDHIANA, India, Nov 24, Reuter – At least 26 people were killed on Friday on…
STALLED PROJECT MAY HOLD CLUE TO COMMUNIST SUPPORT FOR GANDHI
27 November 1989 Reuters News English (c) 1989 Reuters Limited NEW DELHI, Nov 27, Reuter – A giant petrochemical project could hold a clue…
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 aims to grant autonomy to state-owned media
27 May 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, May 27 (Reuters) – India is determined to grant autonomy to state-controlled television…
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…
I have to follow capitalism: Buddha
IT IS like being thrown about in an ideological cocktail shaker. You get off a gleaming passenger jet and drive over a soaring expressway to…
Interview with Ursula Burns
“I use the word ‘blue collar’ purposefully at Xerox. It is the heart and soul of most economies” URSULA BURNS is the first African-American woman…
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…
Cheating The Hangman
Convicted killers Billa and Ranga were expected to make headlines last fortnight. Make news, they certainly did, but not the way everybody anticipated. Instead of…
Hanging Fire
The Quality of justice seemed to be under tremendous strain last fortnight. At issue was the vexatious question of capital punishment. As usual, the shock…
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…
Snag In The Rope
Anticlimax has become the boon companion of the Supreme Court. When the court reopened on July 18 after its summer vacation, it was shadowed by…
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…
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,…
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…