Piecing together disparate data for economic and market insights
Even as headline GDP growth slows, the pickup in investments is making it more balancedNeelkanth Mishra | Last Updated at December 4, 2018 23:30 IST (This was published in the Business Standard: link) The economy seems to have ‘slowed’ earlier than most forecasters expected, and even before the funding freeze for non-banking financial companies (NBFCs) … Read more
As concerns move from liquidity to solvency of select NBFCs, uncertainty is the bigger challengeNeelkanth Mishra | Last Updated at November 7, 2018 22:57 IST (This was published in the Business Standard: link) The credit outstanding with Non-Banking Finance Companies (NBFCs: in this article this includes the Housing Finance Companies or HFCs as well) was … Read more
India needs to bring structural changes, reset targets, influence global policy and choices.Written by Neelkanth Mishra | October 23, 2018 12:11:18 am (This was published in the Indian Express: link) You need energy to grow. This is as true for economies as it is for humans. Whether it is the use of machines in a … Read more
Inflows as a share of GDP are at 2002 levels; policymakers must address structural concernsNeelkanth Mishra | Last Updated at October 2, 2018 23:00 IST (This was published in the Business Standard: link) Like a company that needs external capital to grow faster than it would just with its own savings, maintaining a steady inflow … Read more
GDP growth may get hurt too as a weaker currency and higher interest rates drag down consumption to bridge balance of payments deficitNeelkanth Mishra | Last Updated at September 4, 2018 23:17 IST (This was published in the Business Standard: link) Imagine a household that consumes Rs 100 but only earns Rs 80, and bridges … Read more
There’s much in favour of Telangana’s Rythu Bandhu scheme but a lot that goes against it as wellNeelkanth Mishra | Last Updated at July 4, 2018 05:55 IST (This was published in the Business Standard: link) For decades, an important income transfer from the (largely non-farming) rich to the (largely farming) poor in India occurred … Read more
With volatility in global currency markets up again, debate on rupee’s correct value has restartedWritten by Neelkanth Mishra | Updated: June 18, 2018 12:43:57 am (This was published in the Indian Express: link) “Are foreign capital inflows India’s ‘Dutch disease’?” An astute observer of the Indian economy asked me this question a few months back. … Read more
The collapse in data prices hurts the telecom industry, but is transformative for the economy, adding 5% to GDPNeelkanth Mishra | Last Updated at June 6, 2018 05:54 IST (This was published in the Business Standard: link) As a proportion of per capita income, data on Indian mobile networks has gone from being the most … Read more
Did a shortage of equity capital in India contribute to banking stress? What happens in the next investment upturn?Neelkanth Mishra | Last Updated at May 2, 2018 05:56 IST (This was published in the Business Standard: link) Were the banking problems that India is in the middle of inevitable? Is there more to this situation … Read more
It has been one of the weakest currencies globally this year, with suspicions of capital flight and slowing capital inflowsNeelkanth Mishra | Last Updated at April 4, 2018 05:57 IST (This was published in the Business Standard: link) This year, the Indian rupee ranks 26th in strength among the top 30 currencies globally, and is … Read more