Opinion: India Bested, Beijing Is In The Driver's Seat In Colombo

Opinion: India Bested, Beijing Is In The Driver's Seat In Colombo

Mihir Sharma, Bloomberg | Tuesday October 30, 2018

Most people in the island nation of Sri Lanka and its Asian neighbors were stunned last week when President Maithripala Sirisena dismissed Prime Minister Ranil Wickremesinghe -- and replaced him with Mahinda Rajapaksa, the populist strongman who had ruled Sri Lanka for a decade before the scrappy alliance between Sirisena and Wickremesinghe forced him out of power in ...

Opinion: The Growing Brawl Between RBI's Urjit Patel And Team Modi

Opinion: The Growing Brawl Between RBI's Urjit Patel And Team Modi

Andy Mukherjee | Bloomberg | Monday October 29, 2018

If the standoff with the government gets any worse, a test of the central bank's dire warning could come soon.

Opinion: As Trump Attacks China On Currency Policy, India Largely Spared

Opinion: As Trump Attacks China On Currency Policy, India Largely Spared

David Fickling, Bloomberg | Monday October 22, 2018

What's more notable is what wasn't said in the report, which tends to reflect how geopolitical considerations end up trumping raw economics.

Opinion: Flipkart Vs Amazon Sales Are Like India Vs Pak Cricket

Opinion: Flipkart Vs Amazon Sales Are Like India Vs Pak Cricket

Saritha Rai, Bloomberg | Thursday October 18, 2018

The importance of the clash between the two just ahead of the biggest shopping seasons of Dussehra and Diwali is hard to overestimate.

Opinion: India's Mutual Fund Carnage Shows Peril Of Ignoring Liquidity

Opinion: India's Mutual Fund Carnage Shows Peril Of Ignoring Liquidity

Andy Mukherjee, Bloomberg Opinion | Friday October 12, 2018

Individual investors started returning to collective investment vehicles after the 2014 general elections, hoping for a reset to an economy held back by corruption scandals and policy paralysis. They doubled down after Prime Minister Narendra Modi's shock November 2016 currency ban pulled 86 percent of people's cash into bank accounts.

Opinion: Government's Schizophrenic Approach To Fuel Hike, Rupee Fall

Opinion: Government's Schizophrenic Approach To Fuel Hike, Rupee Fall

Mihir Sharma, Bloomberg Opinion | Monday October 08, 2018

The RBI's steadiness on rates was born of its belief that inflation was close enough to the bank's target zone. Now, you might disagree with this belief -- as I do -- but there's no question that the central bank's monetary policy committee was doing its job as it saw it.

Opinion: With IL&FS Move, India Ducks Lehman Moment. Now The Test

Opinion: With IL&FS Move, India Ducks Lehman Moment. Now The Test

Andy Mukherjee | Bloomberg | Wednesday October 03, 2018

Now that the government is backing its liabilities, IL&FS presumably can survive on a thinner layer of equity than it would have otherwise needed.

Opinion: Now Only Government Can Use Aadhaar Database, And That's A Problem

Opinion: Now Only Government Can Use Aadhaar Database, And That's A Problem

Andy Mukherjee | Bloomberg | Tuesday October 02, 2018

The world's biggest repository of citizen information, India's Aadhaar database, is now beyond the private sector's reach. That was the verdict last week by the country's top court, which refused to strike down the entire biometric-based system as unconstitutional. Now only the government can use it, and that's a problem.

Opinion: Crisis-Hit IL&FS Needs To Go Under The Knife, Very Soon

Opinion: Crisis-Hit IL&FS Needs To Go Under The Knife, Very Soon

Andy Mukherjee | Bloomberg | Friday September 28, 2018

Infrastructure Leasing & Financial Services (IL&FS) Ltd. had 30 years to spawn an Indian clone of Macquarie Group: a powerhouse of finance, investments, asset ownership and risk management. Instead, Ravi Parthasarathy, the founder who stepped down recently as chairman, went on to build an unwieldy, debt-fueled empire that has now crumbled.

Opinion: Machines Are Coming for India's Unwanted Jobs

Opinion: Machines Are Coming for India's Unwanted Jobs

Anjani Trivedi, Bloomberg Opinion | Thursday September 27, 2018

Automation will double over the next three years in Indian factories, according to a survey by Willis Towers Watson.

Opinion: India Needs to Stop the IL&FS Rot From Spreading

Opinion: India Needs to Stop the IL&FS Rot From Spreading

Andy Mukherjee | Bloomberg | Tuesday September 25, 2018

It's important for the Reserve Bank of India to join forces with the Securities and Exchange Board of India to deal with the fallout. Their urgent first step must be an emergency bailout of IL&FS, before it does more harm.

Opinion: In IL&FS, Story Of India's Own Belt-and-Road Debt Fiasco

Opinion: In IL&FS, Story Of India's Own Belt-and-Road Debt Fiasco

Andy Mukherjee | Bloomberg | Tuesday September 18, 2018

IL&FS and its associates have $12.5 billion in debt, of which $500 million is due over the next six months.

Opinion: This Debt-Hit Group Is Behind India's Own Mini-Lehman Moment

Opinion: This Debt-Hit Group Is Behind India's Own Mini-Lehman Moment

Andy Mukherjee | Bloomberg | Thursday September 13, 2018

Repugnant as the idea may be to taxpayers, socializing losses is often the only way to avoid panic from spreading.

Opinion: The Rupee Is Falling And India Should Let It

Opinion: The Rupee Is Falling And India Should Let It

Ila Patnaik, Bloomberg | Monday September 10, 2018

A weaker rupee would also offset competition of cheap imports from countries like China, which could give domestic industries a much-needed boost.

Opinion: Demonetisation Changed Savings Behaviour Of Indians

Opinion: Demonetisation Changed Savings Behaviour Of Indians

Mihir Sharma, Bloomberg | Monday September 03, 2018

The Indian central bank's final tally of Prime Minister Narendra Modi's 2016 demonetization drive, intended to take money derived from tax evasion out of circulation, showed that 99.3 percent of outlawed high-value banknotes had been returned.

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