To begin with, Modi is under microscopic watch and Deng never was. Modi has a good majority in the lower house of Parliament, but that does not mean lawmakers will blindly rubber-stamp his legislative efforts. If you do the arithmetic the National Democratic Alliance stands little chance of a majority in the Rajya Sabha, even…
Our members of Parliament sowed the wind in the 15th Lok Sabha and are reaping the whirlwind in the 16th Lok Sabha. The last Lok Sabha worked only for 61 per cent of its scheduled time, the worst in the past half-century. The Bharatiya Janata Party was in very aggressive opposition to the United Progressive…
When a little girl named Topsy is asked in Uncle Tom’s Cabin if she knew who made her, she says “I expect I grow’d.” This Thursday, July 10, Arun Jaitley will declare financial independence when he unveils the Union Budget for 2014/15 without the Planning Commission breathing down his neck. True, the budget drafters in…
Change comes stealing in on padded feet in the Narendra Modi government, and change is starting to happen in the offices of his ministers. One of them told me that when he took office, at least eight officials had to sign off on any file that came to him for approval; he has cut that…
This weekend, Prime Minister Narendra Modi will travel to Nepal on his third foreign trip in ten weeks. By the end of September, he will also have visited Japan and the United States. Looming large on his itinerary will be China, which he visited four times as Gujarat’s chief minister in his quest for investments.…
We are hopefully in the last of this summer’s dog days, and Sirius (or Svana as it is known in Hindu astrology) will glow a little less brilliantly in the hot night sky. Dog days are said to induce all sorts of mental upheaval, agitation, and unpleasantness. Perhaps that is why much of Europe wisely…
It was a very Hindu week, starting with Raksha Bandhan and ending with Janmashthami, and midway through we were treated to fireworks by Yogi Adityanath, the bold new face of the Bharatiya Janata Party. A five-time member of the Lok Sabha from Gorakhpur, he was just 26 when he won his first parliamentary seat in…
Somewhere, through the unbearable din of television and anti-social media this week, I saw one tweet that plaintively asked why we were hearing so much from everybody but not enough from Narendra Modi at the BRICS summit in Brazil. Our prime minister met the leaders of China, Russia, Brazil and South Africa, but coverage back…
It is a war without end, a no-win situation in which nobody can provide answers to some questions: How long will this go on? Which side will eventually prevail? What is the cost to the nation in money, matériel, men?
This was has no name. It is more an endless series of skirmishes than a sustained military confrontation. Yet, this war has been raging intermittently for 26 years in Nagaland, Manipur and Mizoram.
INFORMATION & BROADCASTING MINISTER L.K. ADVANI
‘I Am Not Happy with The Pattern of Newspaper Ownership’
Transindia: Mr. Advani, many people feel today that the Janata Government’s image is quite clean, and that it is innately decent, but that its performance has been quite poor. Would you comment on that?
L.K. Advani: This impression is erroneous, though if people hold that impression, I wouldn’t blame them because we came into office in a situation in which the people expect- ed wonders from us.
Transindia: Mr. Chandra Shekhar, do you think you have one of the most thankless jobs in the country today, what with having to build up a party composed of such varied components as the Janata is?
Chandra Shekhar: I agree that we have had to create a party from scratch. But I would not say that my job is thankless. There are certain advantages which one cannot ignore and there are many difficulties, too.
‘One has to learn new competencies’ Few of us know that KUMAR MANGALAM BIRLA, Chairman of the Aditya Birla Group, produced the critically acclaimed Hindi movie Black. Or that he has taken up pistol shooting as a hobby. Or that his teenage son is a keen photographer, but he knows a thing or two about…
Is Drinking A Ritual? Then I Think It Is Better to Close Our Diplomatic Missions! The appointment is at 1 pm at the Prime Minister’s Office in South Block. These imposing stone buildings, a few hundred yards away from Rashtrapati Bhavan, contain the offices of most of India’s government leaders. A surprisingly courteous Reception Officer enters…
The Government Is Helping Create A Privileged Class!’ Professor C.N. Vakil, eminent economist, formerly Director, School of Economics and Sociology, University of Bombay, and Director, Central Board, Reserve Bank of India: “The Janata government was suddenly thrust into power, and there was hardly any coherence between the various constituents of the Party. So decisions were…
‘My view has always been I don’t care about the topline’ Infosys co-founder N.R. Narayana Murthy has seen it all: bootstrapping an enterprise with what is loose change today, going on sales calls riding pillion on a Vespa scooter, walking away from a GE deal because it was leaving little profit on the table, setting…
Poor Manmohan Singh is caught between the Pros and the Cons. The Pros in the Opposition are telling the prime minister, who has never seemed sullied by money politics, that he should be resigning. The Congress, led by A. Raja, is telling him that he is allegedly complicit in the 2G scandal. The sad part…
Eighteen hours after Haryana Governor Ganapatrao Devji Tapase committed the most undemocratic faux pas in India’s political history, he was cowering on a sofa in the Chandigarh Raj Bhavan’s large reception hall. “This is Haryana!” yelled apoplectic Lok Dal MLAs, eyes blood-shot, neck veins bulging, pressing around the diminutive Tapase in a knee-touching, eyeball-to-eyeball confrontation.…
Violence is an unfortunate fact of life in Delhi University. That was bloodily emphasized on February 16 when Dilip Simeon, 32, history lecturer at Ramjas College, was savagely beaten up by six men on his way to work. The lecturer’s multiple fractures came as the flash-point of an acrimonious feud between college Principal Dr. Kartar…
Union Home Minister Prakash Chand Sethi has elevated the art of governance to a fine degree of pettifoggery. Political interference in the bureaucracy is not unusual, but Sethi is exhibited a penchant for intervention in personnel promotions. In the process, he has heightened the siege mentality of the Central Secretariat Service (CSS), which is constantly…
“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 weapons). I will not take to it, even if the whole world takes to it.” …
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 in tandem for the first time since the global financial crisis of 2008. World trade is seen growing at a decent clip after two slow years. Commodity prices are firming…
13 February 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Feb 13 (Reuters) – The resemblance to Indira Gandhi is eerie—the sari draped over the head, the dark glasses, the high-pitched oratory, the imperious wave of the hand. Even her signature “Jai Hind!” (Victory to India) at the end of every campaign…
14 February 1998 Reuters News English (c) 1998 Reuters Limited NEW DELHI, Feb 14 (Reuters) – The leader of India’s main opposition party said on Saturday he was the target of a series of car bomb blasts that killed at least 31 people, wounded up to 100, and triggered rioting and arson in the…
“In India, I See a Lot More Acceptance of Gender in the Workplace” DuPont Chair & CEO ELLEN KULLMAN in conversation with CHAITANYA KALBAG. Edited excerpts: Do you think the India-US CEO Forum you are a member of has managed to get things moving a bit in terms of a more positive attitude towards bilateral…
In a spirited panel discussion moderated by Business Today editor Chaitanya Kalbag, Yashwant Sinha, MP and former finance minister, M. Damodaran, former SEBI chairman, Satya Poddar, Partner, Ernst & Young, Samiran Chakraborty, Regional Head of Research, Standard Chartered Bank and Nilesh Shah, President, Corporate Finance, Axis Bank, shared their views. Edited excerpts Chaitanya Kalbag: All…
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 are some optimistic predictions for the twelvemonth ahead disregarding the doomsday projections of Malthusian midwives who expect 1977 to be stillborn: The Labor Party in Britain will label Margaret “Thatcher…
In his first media interaction since The Walt Disney Company took over UTV, RONNIE SCREWVALA, now turned employee, tells CHAITANYA KALBAG and AJITA SHASHIDHAR how he intends to take the company to greater heights. How difficult was it to transition from a successful entrepreneur-driven company to being a part of a large global company? UTV…
‘I have to follow capitalism’ It is like being thrown about in an ideological cocktail shaker. You get off a gleaming passenger jet and drive over a soaring expressway to the 227-year-old Writers’ Buildings in Kolkata to meet a very capitalist communist politician. West Bengal Chief Minister Buddhadeb Bhattacharjee says there is no place for…
“I use the word ‘blue collar’ purposefully at Xerox. It is the heart and soul of most economies” URSULA BURNS is the first African-American woman Chairman and CEO of a Fortune 500 company and she wears that badge with some pride. Her logic for that is simple: she needs to inspire others-and get some mileage…
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 that sound like a recent edition of the Hindustan Times? Wait a minute. These headlines are from a British newspaper. A week ago, I was walking through a huge tropical…
The Civil Services still remain a big draw Fresh out of South Africa, Mohandas Gandhi made a particularly strong speech in Benares in February. He was gloomy about Indians earning the right to self-governance. He said a British member of the “much-abused” Indian Civil Service (ICS) had asked him to put in a good word…
“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 fifty-one years ago, Siraj-ud-Daulah demonstrated what an overcrowded prison can do to human beings with the Black Hole of Calcutta. “Figure to yourself, my friend, if possible, the situation of…
The old city is giving way to a new bright-eyed metropolis Thirty years ago, a dishevelled man leaned across and shouted at me in the smoke-filled, raucous Olympia bar on Calcutta’s Park Street: “Calcutta is forever!” Outside, Ambassador taxis were inching along the flooded street. The electricity would go the moment you hung up your…
The utter oddity of 21st century India still dancing to the tune of caste With this kind of rebellious example, how will fair play and righteousness prevail? Won’t the lower castes get out of hand? In this decadent age, common men follow the right paths out of fear if that were destroyed, where could we…
18 May 2005 Reuters News English (c) 2005 Reuters Limited NEW DELHI, May 18 (Reuters) – India is looking to become a major oil products exporter while it aggressively chases foreign petroleum assets and sharply boosts imports of gas, the “fuel of the 21st Century”, its oil minister said on Wednesday. Mani Shankar Aiyar also…
Speaking about the 1971 elections to a Newsweek correspondent, Mrs Indira Gandhi had said: “I am the real issue in this election.” In 1977, too, it is she who is the real issue. Her challengers’ election manifestos say hardly anything new, except that they vow to ‘wipe out’ the ‘scourges’ of the Emergency. 320 million…
Atal Bihari Vajpayee on the struggle within “We are all like a family and there is bound to be dissent in a democratic party.” The trouble with Atal Bihari Vajpayee, 55, is he is too transparent. A rotund, dhoti-cad orator given to over- heated rhetoric, his misfortune is that he heads a party consisting in…
I experienced my epiphany about consumer media a couple of years ago on a Tokyo subway. When I lived in Japan in the mid-1990s, commuters would be bent earnestly over their little pulp paper backs or Manga comics. Now, just over a decade later, everyone’s fingers are flying over buttons on little machines that are…
The guns are yet to fall silent in the North-east but in places where development has made an inroad, peace has prevailed. Only by bringing all stakeholders on board can the government hope to end the region’s alienation. “… we have no social affinities with the Hindus or Mussalmans. We are looked down upon by…
If politics is the art of deception, the Congress(I) symbolises its highly developed state. After crying itself hoarse about its inability to conduct the Garhwal Lok Sabha by-election, the ruling party in Uttar Pradesh seems on the surface surprisingly resigned to the victory of its bête noire, Hemvati Nandan Bahuguna, 63, president of the Democratic…
Inscrutable are the ways of public-sector trade unions. The Federation of the State Trading Corporation Employees’ Unions (FSTCEU) lived up to this image when it resorted to an eight-day strike last fortnight over a peculiarly non-economic issue: the shifting of the corporation’s Delhi branch office from its location on the arterial Janpath to Malcha Marg…
It began as a small tiff, as all battles do. The two antagonists identities lent it a delicious irony: Vijaya Raje Scindia, the ex-Rajmata of Gwalior, and her only son, ex-Maharaja Madhavrao. Over the years, this essentially political fight spilt out of the Gwalior palace into national attention. Today, it includes all the ingredients of…
Visually, the scene was vintage Bergman. A low canopy of sullen clouds scudded over a landscape whipped by icy winds. Despair seemed to be wrung out of every muscle of the ragged bunch of men stumbling down the village’s main dirt street. There were 15 of them, all walking with the collapsing gait of acute…
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 mounds of soiled currency notes well past their prime and providing the commercial banks with mint-fresh replacements. Last month, in an effort to clear the backlog of ‘non-issuable notes’-inevitable when…
Delhi University is one of the few in the country to possess a full-fledged faculty of music. But for years now, the Music Department has been rocked by a clash between the shastrakars (grammarians) and the kalavidhs (performers). At the root of the controversy lies the dilemma of whether university teachers of music ought to…
Whatever else the government is butter-fingered at doing, it is adept at keeping the results of its impetuosity in a state of continuing suspense’. The campaign against the Bihar Press Bill is almost four months old now, but the Government has only indulged in a lot of double-talk—swearing by press freedom in one breath, and…
Two experts on Soviet studies, both lecturers in major universities, were informed late last month by the University Grants Commission (UGC) that their applications for short-term post-doctoral research trips to the USSR had been rejected. No reasons were given, but both lecturers believe it was because they were not considered politically acceptable. Another lecturer in…
Tyres are one essential commodity over which the Government seems to exert no control whatsoever. In the last six months prices have risen twice. And this is despite the fact that the last decade has seen a sudden burgeoning in the number of tyre-manufacturing units, which caused worries last year that there would be a…
When Frenchman Bernard Bel and American Jim Arnold met by chance in a Delhi hotel in September 1979, it turned out to be a momentous occasion for Indian music. In the two years since, Bel and Arnold have together embarked on an ambitious research of Hindustani classical music’s vast oral tradition along mathematical lines. Never…
Not for nothing has Mizo National Front (MNF) President Laldenga acquired a reputation for being a cool and calculating man. Towards the end of 1981, however, his smooth phrases took on a jagged edge, as his talks with the prime minister’s special envoy G. Parthasarathi entered the final lap. Mizoram-watchers were not surprised, therefore, when…
Political cinema, like the new wave of the mid-’70s, has long acquired a pejorative meaning in India. At most, a political film that catches the public eye is built around a social theme that fits in with the Government’s meandering philosophy. A ‘successful’ political film also usually turns out to be feature-length, in colour, and…
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 is like to take on this public sector leviathan. Rao is, after all, only one of BHEL’S 70,000 employees. Yet, on February 23 this year, Rao filed a writ petition…
‘This Year We Will Fall Short of the Target’ After a lifetime spent powering TCS to its current position as the country’s pre-eminent technology company, S. Ramadorai took over as Advisor to the Prime Minister in the National Council for Skill Development in February 2011. He spoke to Chaitanya Kalbag and Shamni Pande on the…
A disgraced Ranbaxy has a long and expensive journey ahead before it regains the trust of global and Indian customers. By E. Kumar Sharma and Chaitanya Kalbag Two inspectors working for the US Food and Drug Administration (FDA), on a trip to a Ranbaxy Laboratories factory late in January 2008, were stunned by what they…
V. Vaidyanathan takes wing with a $17 million stake in a star NBFC By Chaitanya Kalbag The next time you are flying somewhere, do not bury your nose in a book or plug in your earphones. Take a good look around. And if you happen to be sitting next to Vembu Vaidyanathan, a wiry, fast-talking…
There are companies which are defying the law…. We have taken a series of measures, says SEBI chief In the 20 months he has been Chairman of the Securities and Exchange Board of India, Upendra Kumar Sinha has taken several initiatives, but has also been involved in controversies. The Supreme Court order upholding SEBI’s decision…
Development is not a Linear Process, says World Bank’s Country Director Roberto Zagha has been the World Bank’s Country Director in India since January 2009, when the economy was reeling from the global financial crisis and just before the national elections that brought the UPA back to power. Zagha, a Brazilian national, has been closely…
Everybody is going to die, but I am going to die last, says Vedanta’s chairman He started out as a scrap trader in Patna. Today, with a personal fortune of $3.5 billion, Anil Agarwal is one of the richest men in the world. Over the last three decades, he has transformed the Vedanta Group into…
The Method Man – Gujarat’s Chief Minister tells Chaitanya Kalbag in a wide-ranging interview that policy and process make a heady development cocktail Narendra Modi is not a tall man, but he exudes self-assurance and authority. There is something of the High Priest of Mohenjo-Daro about him, presiding at the altar of Capitalist Gujarat under…
‘Washington is Starting to Look Like Delhi’ Says British historian and Harvard University professor Niall Ferguson 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. At the India Today Conclave, Ferguson spoke on “American decline: Myth and Reality”. On…
We Were Leaders, but We Were Not Leading, says Paranjpe Since June 2005, when he took up the mantle of Non-executive Chairman of Hindustan Unilever (then Hindustan Lever), Harish Manwani has seen three executive leadership changes at the consumer goods major. First, there were two managing directors, Arun Adhikari and S. Ravindranath, under him. Expat…
‘My Objective and My Company’s Objective is to be Future Ready’ YOGESH CHANDER DEVESHWAR has been with ITC for nearly 43 years. The past 15 years as chairman and chief executive. Having turned ITC into a multi-product company no longer synonymous with cigarettes, he is seeking a five-year extension during which a successor will be…