Hope Lies Low

The third pillar of the economy, low-income consumption, is holding up remarkably well Written by Neelkanth Mishra | April 12, 2013 (This article was published in the Indian Express: link) The level of pessimism about the Indian economy continues to rise as the downturn enters its most vicious phase – that of contagion. Slowing investments … Read more

Making sense of forex flows

Written by Neelkanth Mishra | Updated: Oct 30 2012, 06:47am hrs (This was published in the Financial Express: link) What one does not understand, one distrusts. FII equity flows into India continued for the last two years even through a sharp deterioration in economic fundamentals. The trickle turned into a flood recently as the government … Read more