Piecing together disparate data for economic and market insights
How India is using the opportunities in a weak currency, in terms of import substitution and a spurt in exports. Written by Neelkanth Mishra | October 4, 2013 2:29:00 am This appeared in the Indian Express. (link) A weak currency helps growth, and is in many ways equivalent to monetary easing. One recalls the fear … Read more
Written by Neelkanth Mishra | Updated: Jul 31 2013, 11:06am hrs (This was published in the Financial Express: link) There is a perceptible fear among investors and corporates that the Reserve Bank of Indias recent tightening of liquidity to protect the currency is a precursor to a prolonged period of high interest rates. To assess … Read more
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