India aide says Pakistan missile triggered n-tests
New Delhi, May 13 (Reuters) – Pakistan’s test launch of its longest-range missile last month triggered this week’s series of underground nuclear tests by India, a…
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India’s BJP moves quickly to deliver nuclear punch
11 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 11 (Reuters) – India’s three underground nuclear tests on Monday were…
Defiant India takes on world with nuclear tests
11 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 12 (Reuters) – India prepared on Tuesday to face the world’s…
India unmoved by prospect of being global pariah
12 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 12 (Reuters) – India was engulfed by waves of international anger and…
India starts to count sanctions cost over n-tests
14 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 14 (Reuters) – India woke up on Thursday to the first full…
India wrestles with moral dilemma of nuclear clout
17 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 17 (Reuters) – “If the radiance of a thousand suns…
Interview- India has been a “soft state”
27 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 27 (Reuters) – India’s nuclear tests alone will not make the country…
Focus- India says Pakistan N-tests justify policy
29 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 28 (Reuters) – The Indian government reacted calmly on Thursday to news…
Analysis India pundits do not see a new Cold war
29 May 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, May 29 (Reuters) – India and Pakistan must now sit down and talk…
ANALYSIS-India, Pakistan return to square one
31 July 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, July 31 (Reuters) – The collapse of efforts to revive peace talks between…
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…
Interview-India flays “imperialist” nuclear qualms
8 May 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, May 8 (Reuters) – India rejects fears by “yesterday’s imperialists or today’s new…
INTERVIEW-Pakistan says its missiles better than India’s
15 April 2003 Reuters News English (c) 2003 Reuters Limited ISLAMABAD, April 15 (Reuters) – Pakistan’s foreign minister on Tuesday warned India of massive retaliation…
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…
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…
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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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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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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…
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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…
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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…
THE DAISY’S PETALS
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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…
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…
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PSYCHOPATHY. VOYEURISM. SADISM. Schadenfreude. Vicarious pleasure. Blood lust. You will find several terms to describe the human tendency to find a strange satisfaction, indeed fulfilment,…