Piecing together disparate data for economic and market insights
Neelkanth Mishra | Aug 30, 2022 Key policymakers NK Singh and PK Mishra have written an insightful book on the dos and don’ts This appeared in the Times of India on August 31, 2022 (link). How does the will of the people translate into action? In a fast changing world, how should the few acting … Read more
Even as some inflationary impulses fade, others of more recent vintage pose new and bigger risks; one must disentangle multiple strands to reduce risk of policy errors Neelkanth Mishra | Last Updated at June 6, 2022 22:27 IST This appeared in the Business Standard on June 7, 2022 (link). An idealised wave has a predictable … Read more
Governments face a new fiscal situation: They have more funds than they can allocate Written by Neelkanth Mishra | Updated: February 2, 2022 4:58:16 am This appeared in the Indian Express on 2 February 2022 (link). If the tax-to-GDP ratio continues to climb, as it appears likely to, fiscal space may continue to expand, even … Read more
The surge in energy prices is a concern for growth; even if temporary, a reminder of India’s strategic dependence on imported energy Neelkanth Mishra | Last Updated at November 8, 2021 22:05 IST This was published in the Business Standard on November 9, 2021 (link). Not just humans, but economies also need energy to grow: … 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
This appeared on Bloomberg (link): Ronojoy and I discussed how the budget re-affirmed the government’s pro-growth stance visible since the expansion of the PLI schemes in Nov-2020, bond yields, bad bank, etc.
Aware of its own limitations, the government is carefully supporting industrial and consumer sentiment to take economy back to pre-pandemic pathIn some ways, what the government did not do is as important while assessing its focus on the quality of expenditure.Written by Neelkanth Mishra | February 2, 2021 3:00:06 am This appeared in the Indian … Read more
This appeared in the Explained section of the Indian Express (link) on 26-January-2021. On February 1, Finance Minister Nirmala Sitharaman will present what could turn out to be India’s most consequential Budget in years. What is the status of the post-Covid recovery process, and what are the concerns going forward? What should you look for … Read more
New MPC’s unambiguous messaging on inflation should help buyers of government bonds take the riskWritten by Neelkanth Mishra | Updated: October 12, 2020 8:53:54 am (This was published in the Indian Express: link) The economy is rebounding faster than earlier expected, and year-on-year comparisons, only partly helped by the economic weakness seen in the second … Read more
The contraction seen in first-quarter GDP data is severe, but not unexpected. What should be done — or not done – at the level of govt policy so that the economy gets a chance to rebound as quickly as possible?Written by Neelkanth Mishra | Updated: September 13, 2020 11:43:51 am (This was published in the … Read more