Emerging Markets

Capital inflows: The perils of a bad neighbourhood

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India’s strong medium-term growth outlook may not suffice for foreign capital to flow, as existing channels that bring global savings to India face turbulence Neelkanth MishraLast Updated at October 3, 2022 22:14 IST This appeared in the Business Standard on October 4, 2022 (link). “Why will global savings not flow to India if India has … Read more

The risk of accidents

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Growth downturns can expose vulnerabilities that increase market risks Neelkanth Mishra | July 4, 2022 22:44 IST This appeared in the Business Standard on July 5, 2022 (link). There are two drivers of market downturns: Cuts to forward earnings estimates and a decline in the price-to-earnings (P/E) multiple that investors ascribe to them. A 15 … Read more