Opinion: India Must End Yes Bank's Theater Of The Absurd
Andy Mukherjee | Bloomberg | Monday January 13, 2020More loan losses lie around the corner. With 40 per cent of deposits coming from fickle wholesale sources, solvency and liquidity risks are high.
Opinion: Personal Tax Rate Cuts A Reality?
Divya Baweja | Sunday January 12, 2020Policymakers have a fair bit of elbow room to please the individual taxpayer by tweaking the slabs.
Opinion: Indian Economy, Worst In 42 Years, Needs An Honest Look
Andy Mukherjee | Bloomberg | Wednesday January 08, 2020Consumer demand is in the doldrums and government spending - the only thing supporting growth - is bound to be pruned in the closing months of the fiscal year to avoid a budget blowout.
Opinion: Differences Between PM Modi, Manmohan Singh In Economic Reform
Andy Mukherjee | Bloomberg | Tuesday December 24, 2019Hundreds of millions were lifted out of poverty; the 1990-91 crisis became the starting point of two decades of rising prosperity.
Opinion: $680 Million Question of What Anil Ambani Knew
Andy Mukherjee | Bloomberg | Wednesday December 18, 2019The $680 million is the amount Industrial & Commercial Bank of China Ltd. is seeking to recover from the former Indian billionaire by invoking what they say is a personal guarantee he gave in 2012 to secure a $925 million loan for Reliance Communications Ltd., his mobile services firm that's now in bankruptcy.
Opinion: Dewan Housing Will Be Test Case For "Haircut Salon" Approach
Andy Mukherjee, Bloomberg Opinion | Friday November 22, 2019Nearly nine-tenths of DHFL's Rs 84,000 crore($12 billion) in borrowing is secured against assets.
Opinion: In Telecom Row, Government Could Be Making A Grave Mistake
Andy Mukherjee | Bloomberg | Wednesday November 13, 2019The government should see the folly of effectively turning the telecom industry into a two-horse race between Reliance Jio Infocomm Ltd., controlled by Mukesh Ambani, the richest Indian, and Bharti Airtel Ltd., which, too, is staggering under a mountain of debt.
Opinion: Why Indian Immigrants Are Rocketing To The Top In US
Noah Smith, Bloomberg Opinion | Monday November 11, 2019Almost all children of recent immigrants tend to be more upwardly mobile than people whose parents were born in the US.
Opinion: Yes Bank, Cut The Loose Talk And Close This Rescue
Andy Mukherjee | Bloomberg | Tuesday November 05, 2019In early September, CEO Ravneet Gill told Reuters that Yes was in "fairly advanced level of talks" with a top global technology company for a stake sale.
Opinion: Opinion: A Bold Decision In Bangkok Trade Talks Will Shore Up Brand Modi
The Editors, Bloomberg | Wednesday October 30, 2019At this stage in its development, India needs more trade, not less. As country after country in East Asia has demonstrated.
Opinion: If India Story Isn't Dead, It's Certainly On Life Support
Mihir Sharma, Bloomberg | Tuesday October 29, 2019The Indian economy is facing a perfect storm, beset by a combination of cyclical and structural factors that makes recovery doubly difficult.
Opinion: Infosys May Need Some Time In Rehab To Fix Itself
Andy Mukherjee, Bloomberg Opinion | Tuesday October 22, 2019After a period of rehabilitation, Infosys should be able to deliver all three targets: sales growth, margins and good governance. Some private time could be just what it needs to get fixed.
Opinion: Amazon, Walmart And Mukesh Ambani Will Help Save India's Banks
Andy Mukherjee | Bloomberg | Thursday October 10, 2019To similarly make bite-sized finance sustainable, account aggregators are coming. They'll digitally record a consumer's transactions with various institutions and, with consent, share data with a lender.
Opinion: How Government Should Tackle Shadow Banking Crisis
Andy Mukherjee, Bloomberg Opinion | Tuesday October 01, 2019A 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
Andy Mukherjee | Bloomberg | Monday September 09, 2019Highways 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.
