25 May 1988 Reuters News English (c) 1988 Reuters Limited MANILA, May 25, Reuter – The Philippine economy is growing strongly well into the third year of President Corazon Aquino’s rule but growth is accompanied by painful adjustments to make up for years of depression, analysts say. Under Aquino more than 100 state-owned firms have…
17 June 1999 Reuters News English (c) 1999 Reuters Limited NEW DELHI, June 17 (Reuters) – India’s Finance Secretary Vijay Kelkar said on Thursday the economy was on a high growth path and was expected to grow at over six percent in 1999/2000 (April-March). “The economy is now on a higher growth path. In 1999/2000,…
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 on Thursday the changes sweeping the country were irreversible despite recent religious and political strife. “Now there is no doubt about the permanence and irreversibility of reform. You cannot re-erect…
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 in, the captain announced that there was unseasonal heavy rain ahead and it might be difficult to land in such bad weather. “We have fuel for about fifteen minutes,” he…