Piecing together disparate data for economic and market insights
With destocking over, growth is stabilising but its revival faces several pro-cyclical headwindsNeelkanth Mishra | Last Updated at January 16, 2020 00:33 IST (This was published in the Business Standard: link) The (only) good feature of destocking-led economic slowdowns is that they end. After all, you cannot keep cutting inventories indefinitely. A significant part of … Read more
How fiscal pressures on state budgets are more pro-cyclical and weak imports push up bond yieldsNeelkanth Mishra | Last Updated at December 4, 2019 01:00 IST (This was published in the Business Standard: link) Economies are complex systems, with inter-linkages that usually do not get adequate attention, but which can have a strong effect on … Read more
Besides the difficulty in predicting election results, there are four other reasonsNeelkanth Mishra | Last Updated at April 3, 2019 00:06 IST (This was published in the Business Standard: link) What do you think will happen in the elections? This is a question that comes up in every investor meeting these days. I usually start … Read more
Economic growth solves many problems. Can lower interest rates help reverse the slowdown?Neelkanth Mishra | Last Updated at March 6, 2019 01:08 IST (This was published in the Business Standard: link) Debatable as the analytical utility of quarterly GDP statistics in India may be, the continuing drop in growth rates as recently reported for the … Read more
Is high growth inevitable for companies operating in under-penetrated sectors?Neelkanth Mishra | Last Updated at June 5, 2017 22:56 IST (This was published in the Business Standard: link) Is high growth inevitable for companies operating in under-penetrated sectors? Many of us implicitly assume as much, particularly investors when they indiscriminately invest in such companies despite … Read more
Agricultural GDP is underestimated due to inaccurate non-cereal data. Written by Neelkanth Mishra | Updated: January 9, 2014 9:41:30 pm This article appeared in the Indian Express (link). It started with a mundane question: what is the chicken population in India? There are glaring inconsistencies in the available data. The National Sample Survey Organisation’s (NSSO’s) … Read more
Written Neelkanth Mishra | Updated: Jan 2 2014, 02:56am hrs (This was published in the Financial Express: link) In an earlier column in this paper, we pointed out that expectations of a sharp revival in large-scale investments post elections in 2014 are misplaced (Elections won’t trigger revival, December 12, 2013, goo.gl/h3drK6). Middle-income consumption growth is … Read more