Opinion: Away From Bezos Vs Ambani, A Startup Is Changing Indian Retail
Andy Mukherjee | Bloomberg | Tuesday March 02, 2021A bruising battle for supremacy between two of the world's richest men is hogging the limelight, but the silent changes in India's retail landscape deserve equal attention.
Opinion: Modi's Plan To Make A Singapore In Gujarat Falls Flat
Andy Mukherjee | Bloomberg | Monday February 22, 2021When Singapore set up an international financial hub in the late 1960s, the city-state was thinking both fast and slow - seizing an immediate opportunity, and opening a path to long-term economic development.
Opinion: An RBI Move That Could Lead To Digital Currency In India
Andy Mukherjee, Bloomberg Opinion | Wednesday February 10, 2021The idea of a central bank digital currency, which will reside on smartphones but as a direct claim on the state (rather than a bank) is gaining ground everywhere
Opinion: Can Nirmala Sitharaman's Budget Deliver V-Shaped Recovery
Andy Mukherjee, Bloomberg Opinion | Tuesday February 02, 2021The equity market is happy for four main reasons. One, there was no major new tax - or an increase in tax rates - to meet the spending goal.
Opinion: Budget Will Be Tougher Than Government's Usual Fiscal Trapeze
Andy Mukherjee | Bloomberg | Friday January 29, 2021India's federal budget Monday will be a much tougher balancing act than New Delhi's regular annual fiscal trapeze. For one thing, the pandemic has upset business-as-usual calculations of how much to spend, on what, and how to finance it. For another, an impatience to make up for lost time has to be weighed against a shrinking of policy space in emerging markets: A rep...
Opinion: The Retro Tax Was Bad, India. Don't Make It Worse
Andy Mukherjee | Bloomberg | Thursday January 28, 2021Back when global investors still believed Prime Minister Narendra Modi would keep his promise to end the previous regime's "tax terror," his newly elected government made a costly error. In March 2015, someone in India's labyrinthine bureaucracy decided to send a revenue demand to U.K.'s Cairn Energy Plc - ruining Chief Executive Officer Simon Thomson's birthday.
Opinion: Secrecy Around Templeton's India Closure Is Indefensible
Andy Mukherjee, Bloomberg Opinion | Friday January 22, 2021For years now, faith in the integrity of India's markets has hemorrhaged, with everyone from rating firms to auditors, fund managers and trustees putting their own commercial interests above - and often against - those of the investing public.
Opinion: Politicians Want V-Shaped Recovery At Any Cost. Over To RBI
Andy Mukherjee | Bloomberg | Thursday December 17, 2020The local currency is a sitting duck for appreciation against a weakening dollar.
Opinion: PM Modi Needs One More Farm Law To End Crisis
Andy Mukherjee | Bloomberg | Monday December 14, 2020Farmers' protests are threatening to snowball into the biggest political crisis of Narendra Modi's tenure.
Opinion: Why I'm Losing Hope In India
Andy Mukherjee | Bloomberg | Saturday November 28, 2020Call it buyers' remorse. Those of us who thought that muscular leadership would revive India's dream of mimicking Chinese-style double-digit expansion are not just disappointed. For many of my generation, our long-cherished hope for a better, greater India is all but gone. We wanted to trade some of our democratic chaos for a little bit more growth. We ended up with l...
Opinion: Tycoon-Led Banks Could Be Dangerous For India
Andy Mukherjee | Bloomberg | Monday November 23, 2020From the conditional nature of the recommendation, it doesn't appear that the regulator will soon reverse its policy of keeping conglomerates away from banking. But the report could pave the way for backdoor entry.
Opinion: This Time, India Is Getting A Bank Rescue Right
Andy Mukherjee | Bloomberg | Wednesday November 18, 2020The moth-eaten LVB will cease to exist, its equity completely wiped out.
Opinion: Biden Must Dump Trump Tariffs, Focus On India For Silicon Valley
Andy Mukherjee | Bloomberg | Thursday November 12, 2020For all the hype around "Howdy Modi" and "Namaste Trump," the US.-India economic relationship has been backsliding the last four years. To move forward, Joe Biden must steer the conversation away from tariffs, an obsession of his predecessor.
Opinion: Jeff Bezos Vs Mukesh Ambani As Amazon Disputes India Retail Deal
Andy Mukherjee | Bloomberg | Tuesday November 03, 2020The actual quarrel is only interesting when you read between the lines of the claims and counterclaims.
Opinion: The Next China? India Must First Beat Bangladesh
Andy Mukherjee | Bloomberg | Monday October 19, 2020India's Covid-19 economic gloom turned into despair this week, on news that its per capita gross domestic product may be lower for 2020 than in neighboring Bangladesh.
