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Focus- Indian polls start “calm and confident”

16 February 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Feb 16 (Reuters) – Indian voters queued up early on Monday to cast…

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India wrestles with the wages of democracy

22 February 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Feb 22 (Reuters) – “Watch this space.” The website of India’s 112-year-old Congress…

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India waits in trepidation for election result

1 March 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, March 1 (Reuters) – Indians waited uneasily on Sunday for official results from…

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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…

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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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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-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…

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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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WRAPUP-Indians vote wearily on first election day

5 September 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, Sept 5 (Reuters) – Little more than half of 166 million eligible voters…

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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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Push to Start

One speaks the glory of the British queen, And one describes a charming Indian screen; A third interprets motions, looks, and eyes; At ev’ry word…

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Hooks & Crooks

I remember a composite satellite photograph of the world taken at night time. One country stood out like a black blotch on a map that…

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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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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…

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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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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…

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Jagannath Mishra-Cleared By The Court

HE INDIA-RUBBER man, Jagannath Mishra, had done it again. For months, the Bihar chief minister’s political fate had hung in the balance while the Supreme…

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Passing The Buck

Nearly two months after a shocked Parliament was rocked by the Nellie and Gohpur massacres and the bloodbath that had drenched Assam during February’s’ election…

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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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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…

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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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