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…
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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…
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…
New Business Families
“If a thousand suns were to rise in the heavens at the same time, the blaze of their light would resemble a little the supreme…
Panic Button
Reading An Account of the Great Fear, or Grande Peur, that swept across France in July and August of 1789, I was struck by the…
GREAT STRESS TEST
Since you all love acronyms for the Good and Simple Tax and the Grand Stupid Thought, the headline is my humble contribution to your lexicon.…
HOLLOWING OUT
Privatisation will work only when the government sells more than 50 per cent of a state-owned company’s capital to the public and relinquishes management control.…
SELL SELL SELL
Two numbers speak eloquently about our schizophrenia over privatisation: the Rs 2.11 trillion ($32.5 billion) package announced on October 24 to recapitalise public-sector banks (PSBs);…
ENOUGH ALREADY
I wish the government would stop trying to defend demonetisation. Every time there is bad economic news, the government jumps up to proclaim that demonetisation…
HOW TO MAKE MORE WITH LESS
How much a hurry is prime minister Narendera Modi in? It depends on your horizon. By one measure, he has 22 months, but then he…
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,…
CLOSE,, BUT NO CIGAR
Finance Ministers take on a certain air when they think things are going swimmingly and nothing can rock the economy when it is cruising along.…
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…
TELLING NUMBERS
Look Carefully at all the Headlines, screaming or otherwise, that are popping up these days about corruption. How many of them feature women? Study after…
The Dog’s tail
There is no loophole that has not met an Indian taxpayer. A Hindi proverb says you can never straighten a dog’s tail (kutte ki poonch…).…
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…
Waterless World
Time was when ‘Glacial Speed’ used to mean ‘very, very slowly’. That has changed forever. We know that our planet is warming. New research shows…