Piecing together disparate data for economic and market insights
Written by Neelkanth Mishra | October 14, 2021 3:01:28 am This appeared in the Indian Express on 14 October 2021 (link). To imitate and to conform — do what others around us are doing — are common and very powerful human tendencies. Scientists ascribe the evolutionary success of these traits to benefits accruing to individuals … Read more
Should the next 5 million software engineers be hired and trained like the first 5 million?Neelkanth MishraLast Updated at October 11, 2021 23:56 IST This appeared in the Business Standard on October 11, 2021 (link). Software, they say, is eating the world: As business processes get automated, more and more software needs to be written, … Read more
New institution was necessary to clean out excesses of the last business cycle Neelkanth Mishra, Sep 17, 2021, 19:44 IST. This appeared in the Times of India Print edition on Sep 18, 2021 (link) The clamour for a “bad bank” had started not long after the discovery of growing distress in large numbers of loans … Read more
Bank loans have lagged the economic recovery. Here’s why that’s about to change. September 2, 2021, 10:09 PM IST / Neelkanth Mishra in TOI Edit Page (link) Apr-June GDP estimates show that while real output in June 2021 was 9% lower than in June 2019, there is strong evidence of a sharp recovery in the … Read more
Logistical disruptions are pushing apparent demand away from real demand, exacerbating the bull-whip effectNeelkanth MishraLast Updated at September 1, 2021 22:40 IST This appeared in the Business Standard on September 2, 2021 (link). Over the past eight months, freight rates have risen rapidly. While bulk freight rates have risen too (in particular for the smaller … Read more
Tax certainty is critical if the economy is to attract enough capital to grow at 7%-8% for decadesAugust 9, 2021, 9:04 PM ISTNeelkanth Mishra in TOI Edit Page (link) Hard as it is forming a view of the future, it is much harder acting on it and deploying capital, especially as businesses take many years … Read more
Commercialisation of leisure could be the solution to many economic problems Neelkanth MishraLast Updated at August 2, 2021 23:16 IST This appeared in the Business Standard on August 3, 2021 (link). In 1930, the great economist J M Keynes wrote in his essay “Economic Possibilities for our Grandchildren” that in a hundred years, the average … Read more
Written by Neelkanth Mishra |Updated: July 22, 2021 8:03:13 am What will India’s post-restriction economic output look like? It is likely to be much higher than currently expected, but still below the pre-pandemic path This column first appeared in the print edition on July 22, 2021 in the Indian Express (link). Now that there is … Read more
Opening up in the US may switch spending to services and wardrobe restocking, and de-stock overflowing pantries Neelkanth MishraLast Updated at July 5, 2021 22:37 IST This appeared in the Business Standard on 6-July-2021 (link). Retail sales in a country, dependent on the collective habits and budgets of millions of households, tend to be quite … Read more
To know where to go, we must know where we are; a nation-wide seroprevalence study may cost one-hundredth of the GDP it can help saveNeelkanth MishraLast Updated at May 31, 2021 23:26 IST This appeared in the Business Standard on 1 June 2021 (link). With active Covid cases having fallen to nearly half the peak … Read more