Where is India’s economy headed? ANI Podcast with Smita Prakash
In this podcast recorded on 5 June 2026, we discuss why the sense of foreboding on India’s economy – that something really bad is about to happen – is misplaced. We discuss:
INR
Pricing our way out
This appeared in the Times of India on 14 May 2026 (link). Well into the third month of the Iran war, earlier assumptions of a short-lived conflict have now been well and truly negated. Over the past week, even as physical shortages of oil seem to have eased, the price of oil for March 2027 … Read more
Risks of imported energy get real
If energy prices remain this high for a year, they could shave 3 per cent off India’s GDP, weaken the currency Neelkanth Mishra | Last Updated at March 7, 2022 21:50 IST This appeared in the Business Standard on March 8, 2022 (link). We ended the Tessellatum last November, The Energy Headwind, with a hope … Read more
Opening a window
Budget takes a calculated risk to fund part of borrowings through foreign currency bondsWritten by Neelkanth Mishra | Updated: July 8, 2019 12:12:20 am (This was published in the Indian Express: link) The government has chosen to retain the fiscal deficit target presented in the interim budget, continuing its commitment to the path of fiscal … Read more
Global Volatility: Flow with the currencies
Neelkanth Mishra | September 4, 2015, 6:46 AM (This was published in the Economic Times: link) Before one starts to find solutions, it is important to frame the problem well. The coverage of the recent market volatility has focused primarily on the slowdown in China. While that may have been one of the triggers of … Read more
Self-fulfilling prophecies
Written Neelkanth Mishra | Updated: Oct 8 2013, 08:20am hrs (This was published in the Financial Express: link) With the rupee stabilising after a strong rebound, and a semblance of confidence having returned, it is time to look back and take stock of what really happened in July and August, when it seemed as if … Read more