Limits to India's alliance with the U.S
Article Abstract:
The alliance between India and the United States is under threat as India seeks revenge on Pakistan, whereas the U.S. is trying to maintain Pakistan as an ally in the war against terrorism. Indian Defense Minister George Fernandes is the cause of some of the troubles, as he called for the attack on Kashmir instead of acting diplomatically to solve the problems between the two feuding countries.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Press ahead with Indian privatization
Article Abstract:
Privatization could bring economic benefits to India by encouraging competition and higher productivity; however, critics believe that the government is selling public-sector undertakings too cheaply. Currently, privatizations are used mainly to plug gaps in India's budget, but reformers hope that company sales will increase to ward off a financial crisis.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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Bribery scandal sparks a renewed sense of purpose
Article Abstract:
A stock market manipulation scandal in India may lead to securities industry reforms and more enforcement of regulations. Because the weak Securities and Exchange Board has been unable to handle crises effectively, the Indian government is planning to implement measures to strengthen the board and corporatize exchanges.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 2001
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