thetessellatum

Interview with Business Standard: Economy, Markets, Yields, INR

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Conducted on 16 December, published on 22 December (link). In an interview with Subrata Panda & Samie Modak in Mumbai, Mishra says as growth momentum becomes clearer, foreign investors, who went underweight India, may return. Q: Why did Indian equity markets underperform global peers this year?A: FY25 saw simultaneous fiscal and monetary tightening.Fiscal tightening amounted … Read more

No Russian Oil? Likely No Problem

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Post-US/EU sanctions, energy markets aren’t panicking; there’s other supply & India’s macroeconomy can easily adjust This was published in the Times of India on 25 October 2025 (link). In a change of tactics to end the Russia-Ukraine war, the US has blacklisted two Russian oil majors Lukoil and Rosneft. This is designed to prevent foreign … Read more

Chat on GST: Reform, Fiscal, Growth impetus

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In this chat we put the recent changes to GST into context, discussing the history of indirect taxes in India, some of the challenges in implementing GST, and the impact of this reset on inflation, demand, and growth. We discuss how rate rationalization can boost consumption without straining fiscal math, how input tax credit works … Read more

Chat on India’s semiconductor journey, innovation, growth

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We discuss India’s opportunities across semiconductors, AI, digital public infrastructure, and startup ecosystems. From India’s $18B bet on chip manufacturing to the role of Aadhaar, UPI, GST, and ONDC in transforming credit and payments, to India’s chances of leapfrogging in innovation and diffusion while building global partnerships. We chat about India’s competitiveness in the AI … Read more