TARAPUR – CLOSE TO SHUTDOWN?
“I have said that we will never take to nuclear weapons even if this country is going to be destroyed in the absence of (such…
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Philippine economy needs steady hand to keep recovery from going stagnant
20 January 1988 The Globe and Mail B24 English All material copyright Thomson Canada Limited or its licensors. All rights reserved. The Philippines has experienced…
Envoy says US to maintain strong role in Philippine Economy
22 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 22, Reuter – The United States is committed to helping the Philippines achieve…
MANILA CHARGES USDA DELAYING SUGAR RE-EXPORT PLAN
22 January 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Jan 22 – Sugar industry officials said the Philippines might not be able to…
MANILA FINANCE MINISTER SEES U.S. BASES AS DEBT LEVER
1 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 1, Reuter – The Philippines is exploring ways of reducing its massive foreign…
U.S. IN QUANDARY OVER MANILA SUGAR RE-EXPORT PLAN
8 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 8 – U.S. Agriculture Secretary Richard Lyng is in a quandary over a…
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 Bit player in debt reform-fernandez
19 February 1988 Reuters News English (c) 1988 Reuters Limited MANILA, Feb 19 – The Philippines’ 27.8 billion dollar foreign debt makes it a bit…
USDA SEES PHILIPPINE AGRICULTURE STAGNANT IN 1988
22 March 1988 Reuters News English (c) 1988 Reuters Limited MANILA, March 22, Reuter – Falling sugar and coconut production is expected to lead to…
ASIAN DEVELOPMENT BANK STILL AWASH WITH FUNDS
20 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 20, Reuter – The Asian Development Bank (ADB) is still awash with funds,…
MANILA’S DEBATED LAND REFORM PLEDGED 66 MLN DLRS
26 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 26, Reuter – The Philippines has received pledges of aid totalling 66 million…
JAPAN-U.S. TUSSLE LIKELY TO DOMINATE ADB MEETING
27 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 27, Reuter – The Asian Development Bank annual meeting starting on Thursday is…
AQUINO SAYS ADB LEADERSHIP SHOULD REMAIN ASIAN
28 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 28, Reuter – The Asian Development Bank’s annual meeting opened with a call…
PHILIPPINES SAYS IT WOULD WELCOME U.S. AID PLAN
9 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 9, Reuter – The Philippine government said on Monday it was awaiting information…
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…
U.S. BASES IN PHILIPPINES STIR UP WAR OF WORDS
13 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 13, Reuter – The U.S. bases in the Philippines have sparked a superpower…
PHILIPPINES NEEDS U.S. AID PACKAGE NOW, MINISTER SAYS
17 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 17, Reuter – The Philippines needs a U.S.-sponsored multi-billion dollar aid plan immediately…
PHILIPPINE BANKS SEEN LOSING OUT ON CURRENCY DEALS
18 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 18, Reuter – Philippine banks are missing opportunities by restricting foreign exchange trading…
PHILIPPINES WELCOMES U.S. SUGAR QUOTA INCREASE
26 July 1988 Reuters News English (c) 1988 Reuters Limited MANILA, July 26, Reuter – The Philippines welcomes a decision by the U.S. Department of…
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…
Vietnam urges Bush to build on Clinton’s work
29 May 2001 Reuters News English (c) 2001 Reuters Limited HANOI, May 29 (Reuters) – Vietnam urged President George Bush on Tuesday to build on…
Japan breathes easier on yen but danger lurks
20 August 1993 Reuters News English (c) 1993 Reuters Limited TOKYO, Aug 20 (Reuter) – The Japanese government heaved a sigh of relief on Friday…
INTERVIEW-Pakistan says US policies polarise world
14 April 2003 Reuters News English (c) 2003 Reuters Limited ISLAMABAD, April 14 (Reuters) – Pakistan, a key U.S. ally in the war on terror,…
INTERVIEW-Washington’s Taiwan envoy bemoans rigid China.
16 September 2003 Reuters News English (c) 2003 Reuters Limited TAIPEI, Sept 16 (Reuters) – Douglas Paal, Washington’s unofficial ambassador to Taipei, must choose…
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…
Last Word- Ear to the Ground
This mid-December afternoon, the Ear detects the rumble of Old Man 76 gasping through his last lap, and the first stirrings of Childe 77. Here…
Losing Voice
English with an American accent, there were jokes about being the “51st US state”, the US military had a huge presence, and the economy was…
U.S. Bases Vital for Philippine Security, Official Warns
29 July 1987 English (c) 1987 Reuters Limited MANILA, July 29, Reuter – U.S. military bases in the Philippines are vital to the security of…
AQUINO NOT KEPT FULLY INFORMED OF BARCLAYS ROW, OFFICIAL SAYS
13 August 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Aug 13, Reuter – President Corazon Aquino was not kept fully Informed throughout a…
Two to Tango
An early breakfast is something that most journalists don’t care for. Most of my tribe skip it and among those who don’t, very few sip…
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…
Manila’s hot money flows from stocks to dollars
12 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 12 – Short-term speculators have switched their attention from Manila’s once bullish stock markets…
Three Americans and Filipino shot dead near US Base
28 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 28, Reuter – Gunmen shot dead three Americans, including two airmen, and a…
U.S. Diplomat’s recall marks new low in ties with Philippines
28 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 28, Reuter – The recall of a U.S. military diplomat from the Philippines…
US Defuses meddling row by pulling out attache from Manila
28 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 28, Reuter – The United States said on Wednesday it was withdrawing a…
Philippine hit-squad killings signal new communist offensive
29 October 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Oct 29, Reuter – Philippine Communist guerrillas appear to have launched a major offensive…
India’s Coolest Start-Ups
The US Congress stepped back just in time from the fiscal cliff, but Indian sensibilities about the Delhi gang rape and killing fell off another cliff…
India’s Best CEOs
We are waiting to exhale. Food prices fell in the last fortnight of December, for the first time in six years, and headline inflation is…
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.…
Philippines Expects Minimal U.S. Sugar Quota Cut
25 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 25 – The Philippines has been warned that the United States is planning…
Envoy says communist attacks will boost U.S.-Philippine Ties
25 November 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Nov 25, Reuter – The communist rebel killings of three Americans near a U.S.…
U.S. Sugar Quota cut worse than Thought- Manila
16 December 1987 Reuters News English (c) 1987 Reuters Limited MANILA, Dec 16 – A 23 pct cut in the 1988 U.S. sugar import quota…
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…
Pulling Punches
Why did god create stock-market analysts? To make weather forecasters look good, runs the rather puerile joke. But seriously, company analysis is an earnest business-in…
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…
The New GE Way
Jeff Immelt stepped into Jack Welch’s shoes four days before 9/11. Even more than the legendary Welch, he has GE blood in his veins –…
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…
Spate Of Senseless Tragedies
Qutab Minar, the 72.5-metre-high monolithic tower that Iltutmish built 750 years ago, witnessed two shocks in its hoary life-span. In 1368, it was struck by…
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…
“WASHINGTON IS STARTING TO LOOK LIKE DELHI”
An erudite scholar, acclaimed author, and the William Ziegler Professor of Business Administration at the Harvard Business School, British historian Niall Ferguson wears several hats.…
“ India a $10 Billion Market In five Years “
On the US economy Things are getting better in the United States. It’s a slow recovery, and some of that is based on how steep…
Lean on Me
The US economy needs India more than ever, says Chaitanya Kalbag. Barack Obama had barely walked out of Parliament’s Central Hall when the debate began…
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…
DEMOCRACY DIES IN DARNESS
The Washington post adopted this four-word slogan “Democracy Dies in Darkness” in February 2017, its first in 140 years. It was used by its owner…
Jaat Kahan Ho
It is Useful to remind ourselves about how infinitesimal we are in the cosmic order. As we methodically destroy our planet, it is unlikely we…