Letter from the Editor
One of the lesser-known areas of media responsibility is its relationship with the law. It is a relationship which is generally little understood, not having…
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My Years in an Indian Prison Mary Tyler
So much is being written about political prisoners in India these days, that the layman might succumb to the temptation of focusing more on the issue…
FEELIN’ GOOD
Optimism is good, but let’s not be foolhardy It is good that we are feeling bucked UP at the beginning OF 2018. Major economies expect growth…
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…
India relives midnight “tryst with destiny”
14 August 1997 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Aug 15 (Reuters) – India’s leaders gathered in their parliament’s majestic Central Hall…
India celebrates half-century of independence
15 August 1997 08:15 Reuters News English (c) 1997 Reuters Limited NEW DELHI, Aug 15 (Reuters) – India put on a dazzling show of fireworks,…
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
Or, why India really needs to dig itself out of a mineral hole Last week I was on a flight to Mumbai About two hours…
Reading The Bar Codes
“UPON MY WORD: India’s prisons are stuck in a time warp Strange how time’s machine travels back and forth at warp speed. Two hundred and…
10 Most Powerful Women in Indian Business
They say nothing sharpens our minds as much as high danger or a threat to our survival. We are prepared to stand and fight when…
Breakout Companies
From the Editor Raghuram Govind Rajan is a lucky man. Two weeks into his new job as Governor of the Reserve Bank of India his…
Cheat Funds
From the Editor Sometimes India’s economy resembles a rambunctious teenager brought up short by a finger-wagging headmaster. Our finance minister can now recite with his…
Ready For Battle
From the Editor I remember sticking an aluminium one-yen coin and a copper one-US-cent coin to my computer screen in Tokyo around the mid-1990s and…
Watch Your Step
From the Editor Three economists are gazing at a glass half full of water. The optimist sees a glass half full. The pessimist sees a…
Hooks & Crooks
From the Editor I remember a composite satellite photograph of the world taken at night time. One country stood out like a black blotch on…
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…
Gender Gag
Sexual harassment can be crude and overt or very subtle, but you know you are being sexually harassed when you experience it. Those around you…
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…
Spoil Of Sycophancy
For all those journalists who think they belong to a thankless and poorly-paid profession, there is hope on the horizon. It comes from the latest…
A Battle Supreme
Titled Judiciary: Attacks and Survival, the speech had been long in coming, the speaker delayed, first by an attack of diabetes in March and then…
Mysterious U-Turn
Although it is a blasphemous thought, it has cropped up in many a legal mind during the last few weeks: if bets were placed on…
Prisoners – Fighting for A Cause
The salaried middle classes have time and again fallen prey to the Government’s more capricious economic decisions. But, one group that has suffered the most…
Jagannath Mishra-Cleared By The Court
The 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…
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…
Ends of Justice
So Ham-Handed and desperate for representatives of any stature in Assam has the Congress(I) become that it has jettisoned all concern for decorum and dignity…
Suppressing Dissent?
Every dissenter is in a minority of one, and K. Ashok Rao, 36, deputy manager in Bharat Heavy Electricals Limited (BHEL), is discovering what it…
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…
Death Penalty – 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…
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…
WHO WILL CAST THE FIRST STONE?
The Jan Lokpal Bill may need to move from idealism to realism; the solution may also lie in granting independence and teeth to existing agencies…
Lemmings or Llamas?
The US is on life support, and Asian creditors led by China, which holds $1.16 trillion of US treasuries, control the intravenous drip. Asian central…
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…
Great Stress Test
It’s good we now have a GST, but its design is another matter Since you all love acronyms for the Good and Simple Tax and…
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…