Opinion: Shame On You Crazy Diamond Bankers. PNB Was No Lone Wolf

Opinion: Shame On You Crazy Diamond Bankers. PNB Was No Lone Wolf

Andy Mukherjee, Bloomberg Gadfly | Thursday February 22, 2018

It's disingenuous to think that India's biggest banking fraud was just one bent officer in a bumbling state-run lender enriching an uncle-nephew pair of greedy diamond merchants. That's the spin Punjab National Bank is trying to put on the $1.8 billion scam that went on for seven years.

Opinion: Trump Jr. Visit Ill-Timed For Scandal-Weary India

Opinion: Trump Jr. Visit Ill-Timed For Scandal-Weary India

Mihir Sharma, Bloomberg | Thursday February 22, 2018

If you lived in one of India's largest cities, a startling sight would've greeted you when you picked up your morning newspaper last Monday: Whole front pages had been replaced by an artists' impression of a skyscraper.

Opinion: How Elon Musk Beat Russia's Space Program

Opinion: How Elon Musk Beat Russia's Space Program

Leonid Bershidsky, Bloomberg | Thursday February 08, 2018

Musk, with his crude salesmanship and nerdish cultural references, has a dream, described in a white paper he published last year: to colonize Mars. Musk admitted in the white paper that was his only motivation for getting rich.

Opinion: Investing in India? Better Call Your Tax Lawyer First

Opinion: Investing in India? Better Call Your Tax Lawyer First

Andy Mukherjee, Bloomberg Gadfly | Friday February 02, 2018

The grandfathering of past returns promised by Finance Minister Arun Jaitley in his budget speech is missing from the fine print of the finance bill.

Opinion: How Panipat Lost An Important Front To China

Opinion: How Panipat Lost An Important Front To China

Adam Minter, Bloomberg | Tuesday January 16, 2018

For decades, the donation bin has offered consumers in rich countries a guilt-free way to unload their old clothing. In a virtuous and profitable cycle, a global network of traders would collect these garments, grade them, and transport them around the world to be recycled, worn again, or turned into rags and stuffing.

Opinion: Why India Economy Faces Ominous New Year In 2018

Opinion: Why India Economy Faces Ominous New Year In 2018

Mihir Sharma, Bloomberg | Monday January 08, 2018

You'd think the Indian economy had returned to rosy health. It seems to have recovered from two enormous disruptions -- Prime Minister Narendra Modi's decision just over a year ago to withdraw 86 percent of the currency in circulation, and the poorly-planned rollout in the middle of 2017 of a new goods-and-services tax. Exports are no longer declining, as they had for...

Opinion: Mukesh Ambani's Brotherly Love For Anil In Range Of $3 Billion

Opinion: Mukesh Ambani's Brotherly Love For Anil In Range Of $3 Billion

Andy Mukherjee, Bloomberg Gadfly | Thursday January 04, 2018

Must the tap of brotherly love turn off at 68 cents on the dollar?

Opinion: For Amazon's Jeff Bezos, Twitter's Jack Dorsey, A 2018 Horoscope

Opinion: For Amazon's Jeff Bezos, Twitter's Jack Dorsey, A 2018 Horoscope

Tara Lachapelle,Brooke Sutherland, Bloomberg Gadfly | Wednesday December 27, 2017

It's that time again, when we scan the stars for clues about the year ahead in mergers. What follows is our second annual Gadfly compilation of dealmaker horoscopes: 12 CEOs and top executives across a variety of industries -- matched with their zodiac signs -- who appear destined for M&A in 2018:

Opinion: This Could Be Bitcoin's Moment Of Truth

Opinion: This Could Be Bitcoin's Moment Of Truth

Mohamed A. El-Erian, Bloomberg View | Wednesday December 27, 2017

Bitcoin hit several milestones as it surged from around $1,000 at the beginning of the year to a record of nearly $20,000 last week.

Opinion: Bitcoin As Money? Here's A Roadmap For How It'll Happen: Gadfly

Opinion: Bitcoin As Money? Here's A Roadmap For How It'll Happen: Gadfly

Andy Mukherjee, Bloomberg Gadfly | Thursday December 21, 2017

Now that bitcoin is a mainstream asset, with futures contracts traded at the world's largest exchange, becoming actual money should be the logical next step. But if you were to ask investors their expectations, the reply in most cases would likely be: "Not in my lifetime."

Opinion: The Question Is - Why Would Anyone Vote For Rahul Gandhi?

Opinion: The Question Is - Why Would Anyone Vote For Rahul Gandhi?

Mihir Sharma, Bloomberg | Wednesday December 13, 2017

To hold the party together means having to deal with the reality that Rahul Gandhi is in charge. And while Gandhi is certainly not the idiot he's been portrayed as being, he's far from being a natural politician.

Opinion: World's Most Richly Valued Lender, HDFC, Has Unhappy Secret

Opinion: World's Most Richly Valued Lender, HDFC, Has Unhappy Secret

Andy Mukherjee | Bloomberg | Monday December 04, 2017

Assiduously shielding its loan book from the flying debris of India's $207 billion bad-debt crisis, HDFC Bank Ltd. has kept its balance sheet in a near-pristine condition.

Opinion: Modi Government Is Getting One Big Reform Right

Opinion: Modi Government Is Getting One Big Reform Right

Mihir Sharma, Bloomberg | Wednesday November 29, 2017

According to one of India's most respected bankers, it's a once-in-a-lifetime opportunity -- a mammoth sale of distressed assets, some $40 billion in the first round. Much could go wrong, of course, especially given that so many powerful interests have so much money at stake in the process.

Opinion: Pak Shows Signs Of Discomfort With China's Investments

Opinion: Pak Shows Signs Of Discomfort With China's Investments

Nisha Gopalan and Shuli Ren, Bloomberg | Monday November 27, 2017

Beijing's frenzied drive to create a modern Silk Road puts Pakistan front and center, much as Venezuela was once a target of lending by China Development Bank as the nation sought to secure oil supplies.

Opinion: Modi Shouldn't Fall Into The Indira Gandhi Trap

Opinion: Modi Shouldn't Fall Into The Indira Gandhi Trap

Mihir Sharma, Bloomberg | Friday November 24, 2017

The birth centenary of former Indian Prime Minister Indira Gandhi last week was not marked by any particularly impressive celebrations. Perhaps the moment didn't require commemoration; today's India is still very much the country she shaped, although the party controlled by her family, the Congress, is no longer in power. And India's inability to move beyond Indira is...

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