R. K. NARAYAN-THE MAN FROM MALGUDI
It took me some time to discover Rasipuram Krishna swami Narayan’s house. Yadavagiri, the suburb of Mysore City, where Narayan stays, is an incredibly quiet…
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INDIAN WILDLIFE – CAN THE TIGER SAVE ITS STRIPES?
“Going in quest thereof, one of our Soldiers, a Youth, killed a Tiger-Royal; it was brought home by 30 or 40 Combies (Koonbee), the Body…
PHILIPPINE GNP SEEN GROWING 6.1 PCT IN 1988
4 April 1988 Reuters News English (c) 1988 Reuters Limited MANILA, April 4, Reuter – The Philippines’ gross national product (GNP) is expected to expand…
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…
PHILIPPINES TO ASK BANKS, IMF FOR NEW LOANS
28 July 1988 Reuters News English (c) 1988 Reuters Limited MANILA, July 28, Reuter – The Philippines plans to approach its creditor banks for a…
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…
Indian reforms are irreversible, lawmaker says
22 April 1993 Reuters News English (c) 1993 Reuters Limited TOKYO, April 22, Reuters – One of the architects of India’s radical economic reforms said…
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…
What the Government Needs to Do Now
Despite the crisis, a clear message must be sent to the investor community that India is open for business. There was an initial spurt of…
Garam hawa
India must construct an enlightened climate change policy ‘FOOD PRICES set to rise as floods ruin crops’. ‘Prime Minister promises aid to flood victims’. Does…
Wanted- A Big Bang Budget
These are extraordinary times and we witness extraordinary phenomena. Three weeks before the Union Budget, when finance ministers customarily crawl under their carapaces, the honourable…
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…
Most Powerful Women
Our Prime Minister can seem like an accidental politician. Speaking publicly, he comes across as earnestly wooden, and when he addressed the nation on September…
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…
The Art of Survival
Counter-Insurgency Deep inside the jungle in northernmost Mizoram, a lone man brews a tin mug of tea in the early morning haze. He is squatting…
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…
A LONE PRIME MINISTER IN A NATION OF PRESIDENT
Quit moaning and hear the good news, folks! India is going to be the world’s largest beef exporter in 2012, beating out Australia and Brazil…
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:…
Cleaning up our act
India is trying to do its bit on climate change At the Hamburg group of 20 summit on 7-8 July, diplomats toiled through most of…
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…
Killing me Softly
Death is inevitable, but not in a gas chamber He took a deep breath of air. Once again he caught a strangeness on the wind,…
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…
APOCALYPSE NOW
Forget global warming and focus on local warnings Kanpur, Faridabad, Varanasi, Gaya, Patna, Delhi, Lucknow, Agra, Muzaffarpur. Nine of the world’s ten most polluted cities…
Telling Numbers
63 million ‘missing’ women: we need a pink revolution Look Carefully at all the Headlines, screaming or otherwise, that are popping up these days about…
The Air is Thick
On Earth Day, let’s look at what our politicians promise on air pollution The Good news is that both the Bharatiya Janata Party and Congress…