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
Fight against the last vestiges of inflation threatens to undo significant policy gains of recent yearsNeelkanth Mishra | Last Updated at June 5, 2019 02:18 IST (This was published in the Business Standard: link) It is rare for consensus to emerge among hundreds of millions of humans. When it does, like it did in the … Read more
New government should utilise its enormous political capital to introduce economic reformsWritten by Neelkanth Mishra | Updated: May 31, 2019 2:05:12 am (This was published in the Indian Express: link) Hundreds of millions of people rarely agree on who should make decisions on their behalf. The BJP now has an overwhelming majority in the Lok … Read more
The constraints in the financial system have further worsened the monetary tightness. As growth continues to slow and inflation stays below the target, interest rates may keep falling, but likely not fast enough to revive growth quickly.Written by Neelkanth Mishra | Updated: April 17, 2019 7:38:21 am (This was published in the Indian Express: link) … 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
A 7 per cent GDP growth rate may be lower than what India aspires for, but over a five-year horizon this means 40 per cent higher demandNeelkanth Mishra | Last Updated at February 7, 2019 23:49 IST (This was published in the Business Standard: link) After a long period of weakness, investment activity in the … 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
Prolonged uncertainty can be detrimental to growth: The economy may need monetary and fiscal helpNeelkanth Mishra | Last Updated at September 4, 2017 23:22 IST (This was published in the Business Standard: link) The “weak near term for a strong long-term” view of the Indian economy is now consensus. Structural changes such as millions of … Read more