India@75 1969: Banks nationalisedTEAM FRONTLINEThe move increased the reach of banking in rural areas.
Counting on bondsSUDHA MAHALINGAM in New DelhiThe Resurgent India Bonds scheme has pushed up the foreign exchange reserves to around $ 28 billion, but what will be its real cost?
Of privatisation and swadeshiPRABHAT PATNAIKTHE most notable feature of the 1998-99 Budget is the Finance Minister's announcement of a large-scale programme of privatisation of the economy. Key
Budgetary retreatSUKUMAR MURALIDHARAN in New DelhiThe most identifiable distinction of Budget '98 is the alacrity with which various proposals have been undone.
Synthesis or composite error?C. T. KURIENBudget '98 seeks to synthesise irreconcilable elements. Its strategy to "pump-prime" the economy may end up worsening the situation if some key assump
Swadeshi sold shortJAYATI GHOSHThe BJP, which once blustered about the negative aspects of globalisation, has embraced it wholeheartedly.
The contradictions of swadeshiPRABHAT PATNAIKThe ideal of any coherent swadeshi programme is to make domestic capitalists emerge as autonomous players in the global arena with state support, and
Camouflaging realitiesJAYATI GHOSHThere are two specific areas of urgent concern: the continuing industrial recession and the fragile external sector.
BUDGET OPTIONSJAYATI GHOSHThere are difficult choices ahead of the Union Government in the formulation of the Budget for 1998-99.
Radical prescriptionsSUDHA MAHALINGAMThe Narasimham Committee on Banking Reforms, in its second report, has combined drastic surgery with a strong dose of medicine to cure the ailing indu
Change in credit policySUDHA MAHALINGAMTHE Reserve Bank of India announced the credit policy for the lean season on April 29, and its thrust was on arresting the decline in industrial outpu
Universal bankingSUDHA MAHALINGAMTHE S.H. Khan Committee set up by the Reserve Bank of India to harmonise the roles of development finance institutions (DFIs) and banks has come up wi
Behemoth studios in the era of pan-Indian films Yash Raj Films used to set trends, not follow them. Can it turn the tide?
SlideshowCaptured in timeAs independent India turns 75, some of the defining images of those seven decades.
