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: Will India Become Superpower? Not With This Budget

Opinion: Will India Become Superpower? Not With This Budget

Mihir Sharma, Bloomberg | Monday July 08, 2019

Investors can take solace in the fact that India will almost certainly recover from its cyclical slowdown.

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: New Signs That India's Economy - And Credibility - Is In Crisis

Opinion: New Signs That India's Economy - And Credibility - Is In Crisis

Mihir Sharma, Bloomberg | Thursday June 13, 2019

Now, Arvind Subramanian, a well-regarded economist who was till last year one of PM Narendra Modi's most senior advisers, has argued in a Harvard working paper that the country's official figures overestimate growth by several percentage points.

Opinion: RBI, The World's Model Central Bank? Just Maybe

Opinion: RBI, The World's Model Central Bank? Just Maybe

Daniel Moss, Bloomberg | Thursday June 06, 2019

The RBI's rate cut in February was risky - few economists anticipated it - but appropriate. The signalling power was immense.

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: Firms Must Value Workers Like Shareholders, Says Raghuram Rajan

Opinion: Firms Must Value Workers Like Shareholders, Says Raghuram Rajan

Raghuram Rajan, Bloomberg | Wednesday May 01, 2019

While corporations cannot, and should not, take on responsibilities that are properly those of the government or the local community, they can do better for themselves and for society by explicitly identifying core stakeholders - financial investors, no doubt, but also workers, customers and suppliers who make significant investments in the business - and publicly com...

Opinion: What Jet Airways' Near-Collapse Says About India

Opinion: What Jet Airways' Near-Collapse Says About India

Mihir Sharma, Bloomberg | Wednesday April 17, 2019

State-owned banks are Jet's biggest creditors and they seem unwilling to throw more money at the airline without a clear revival plan.