FEELIN’ GOOD
IT IS GOOD THAT WE ARE FEELING BUCKLED UP AT THE BEGINNING OF 2018. Major economies expect growth in tandem for the first time since…
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Interview- India’s Sinha wants to go for growth
2 June 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, June 2 (Reuters) – India’s Finance Minister Yashwant Sinha put up a spirited…
Interview- India targets not just “hope and prayer”
3 June 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, June 3 (Reuters) – India’s fiscal targets for the current year are not…
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…
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…
The Dauphin and the Figurehead
Timing is everything, and with a number of state elections soon, leading to the general election next year, cynicism and opportunism are manifest. The Congress-led…
Earthy Tales
Last week I was on a flight to Mumbai About two hours in, the captain announced that there was unseasonal heavy rain ahead and it…
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-…
Eight Innovations That Delighted Consumers and What India can Learn From Them
I had never handled a tool in my life; and yet, in time, by labour, application, and con- trivance, I found at last that I…
India’s Coolest Start-Ups
Some things were on a fast track as the heat dragged us into the dog days of June, and some were on a slow track.…
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…
Home Truths
And now at the end he found himself in his own house, on his own half-lot of land, his own portion of the earth. That…
Hello, Tomorrow
I had my epiphany on a Seoul subway in 2004. All around me, young men and women rode to work silently, mesmerised by television programmes…
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…
Delhi University-Notes Of Discord
Delhi University is one of the few in the country to possess a full-fledged faculty of music. But for years now, the Music Department has…
Scholarship – Political Compulsions
Two experts on Soviet studies, both lecturers in major universities, were informed late last month by the University Grants Commission (UGC) that their applications for…
Political Compulsion
Two experts on Soviet studies, both lecturers in major universities, were informed late last month by the University Grants Commission (UGC) that their applications for…
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…
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…
Panic Button
Take a deep breath and don’t run for the door Reading An Account of the Great Fear, or Grande Peur, that swept across France in…
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…
Too big to fail
Independence Day is a good excuse for some economic chest-thumping. We should be proud that lndia is a free-enterprise democracy. Imagine the world’s burden if…
Glass Half-Full?
Strong, sustained growth is possible—if we don’t trip ourselves up We can hope that in the run-up to the next general election we will not…
The Dog’s tail
Like the clever taxpayer, it will wag the system There is no loophole that has not met an Indian taxpayer. A Hindi proverb says you…
Clutching At Straws
Palliatives, pain-killers or band-aids: take your pick We are so frozen in the headlights of the on rushing slowdown that even a flicker leads us…
Vulture Culture
Social media –and mass media– fuel a horrific cycle of evil Psychopathy. Voyeurism. Sadism. Schadenfreude. Vicarious pleasure. Blood lust. You will find several terms to…