Opinion: How Government Should Tackle Shadow Banking Crisis

Opinion: How Government Should Tackle Shadow Banking Crisis

Andy Mukherjee, Bloomberg Opinion | Tuesday October 01, 2019

A year after the collapse of IL&FS Group, a specialist infrastructure financier, the crisis of confidence is getting worse.

Opinion: Investors' Biggest Worry Should Be Vanishing New Roads In India

Opinion: Investors' Biggest Worry Should Be Vanishing New Roads In India

Andy Mukherjee | Bloomberg | Monday September 09, 2019

Highways can act as a powerful stimulus by creating new construction jobs, spawning fresh orders for excavators, graders and rollers, and putting spending money in the hands of people whose land is getting acquired.

Opinion: Bank Mergers No Silver Bullet, Gains May Take Years To Show

Opinion: Bank Mergers No Silver Bullet, Gains May Take Years To Show

Andy Mukherjee, Bloomberg Opinion | Monday September 02, 2019

The new round of consolidation will bring down the number of state-run banks to 12 from 27 just a few years ago.

Opinion: Mukesh Ambani Cutting Reliance Debt Is Bad Omen For Economy

Opinion: Mukesh Ambani Cutting Reliance Debt Is Bad Omen For Economy

Andy Mukherjee | Bloomberg | Wednesday August 14, 2019

A $22 billion reduction in net debt (to reach zero) will require more than Aramco's cash.

Opinion: Government's Plan To Change Bankruptcy Law Bold And Necessary

Opinion: Government's Plan To Change Bankruptcy Law Bold And Necessary

Andy Mukherjee | Bloomberg | Thursday July 18, 2019

On Wednesday, the government said it would amend the 2016 insolvency law, a signature reform of Prime Minister Narendra Modi's first term. Investors will cheer.

Opinion: India's Hedge Funds Threatened by Higher Taxes

Opinion: India's Hedge Funds Threatened by Higher Taxes

Andy Mukherjee, Bloomberg Opinion | Tuesday July 16, 2019

The Securities and Exchange Board of India, or SEBI, has always been suspicious of the source of capital for hedge funds investing in India from Singapore or Hong Kong.

Opinion: If It Moves, Tax It. That's Desperate, India

Opinion: If It Moves, Tax It. That's Desperate, India

Andy Mukherjee | Bloomberg | Tuesday July 09, 2019

Tax collections last year were a full 1 percentage point of GDP lower than the 7.9 per cent the government had hoped to obtain.

Opinion: Amid Preps For Budget, Where India Can Find A Cool $1 Trillion

Opinion: Amid Preps For Budget, Where India Can Find A Cool $1 Trillion

Andy Mukherjee, Bloomberg Opinion | Thursday July 04, 2019

From consumption and private investment to exports, no cylinders are firing. Government spending is therefore the only hope.

Opinion: RBI's Autonomy Takes Another Hit As Viral Acharya Heads For Exit

Opinion: RBI's Autonomy Takes Another Hit As Viral Acharya Heads For Exit

Andy Mukherjee | Bloomberg | Tuesday June 25, 2019

A standoff over the government's intentions was temporarily resolved by pushing to a panel of experts the question of whether the RBI had excess capital and could return some of it to the finance ministry.

Opinion: Jet's Banks Finally Accept The Airline Is Dead

Opinion: Jet's Banks Finally Accept The Airline Is Dead

Andy Mukherjee, Bloomberg Opinion | Monday June 24, 2019

With the insolvency tribunal taking Jet Airways India Ltd. under its wing on Thursday, there may be one more abortive attempt to sell it whole

Opinion: India's Exotic Funds Are a $40 Billion Time-Bomb For Investors

Opinion: India's Exotic Funds Are a $40 Billion Time-Bomb For Investors

Andy Mukherjee, Bloomberg Opinion | Wednesday June 19, 2019

Exotic funds, designed for wealthy investors, have grown to $40 billion from nothing in just seven years, expanding by 71% in the 12 months through March

Opinion: Most Inspired Choice In PM Modi's New Cabinet A Non-Politician

Opinion: Most Inspired Choice In PM Modi's New Cabinet A Non-Politician

Andy Mukherjee | Bloomberg | Monday June 03, 2019

Partly by default, and partly by design, Prime Minister Narendra Modi has managed to assemble a newish-looking team for his second term. Hopefully, the freshness will carry over to ideas.

Opinion: Modi Reigns Supreme. Now India's Economy Awaits

Opinion: Modi Reigns Supreme. Now India's Economy Awaits

Andy Mukherjee | Bloomberg | Thursday May 23, 2019

In a UK-style parliamentary democracy, people voted for PM Modi as though he was their de facto president.

Opinion: Rahul Gandhi's NYAY Tests Firebrand US Lawmaker's Ideas

Opinion: Rahul Gandhi's NYAY Tests Firebrand US Lawmaker's Ideas

Andy Mukherjee | Bloomberg | Tuesday April 09, 2019

Alexandria Ocasio-Cortez and Andrew Yang might not even be aware of it, but the controversial economic ideas espoused by the two young U.S. politicians are being tested in a national election thousands of miles away.

Opinion: Supreme Court Verdict On Insolvency Law Hits Credibility Of RBI

Opinion: Supreme Court Verdict On Insolvency Law Hits Credibility Of RBI

Andy Mukherjee | Bloomberg | Wednesday April 03, 2019

Supreme Court on Tuesday struck down a controversial 2018 directive from the Reserve Bank of India, which gave lenders a 180-day deadline to resolve non-performing loans.