Opinion: Why India Is Faring Among Worst-Hit Countries For COVID-19

Opinion: Why India Is Faring Among Worst-Hit Countries For COVID-19

Mihir Sharma, Bloomberg | Friday July 31, 2020

India is now the epicentre of the global coronavirus pandemic. It ranks just behind the U.S. and Brazil in confirmed cases and is growing faster than either. The total rose 20% in just the last week, despite the fact that India is testing less than most of its peers.

Opinion: No, India Doesn't Need A Bigger Stimulus

Opinion: No, India Doesn't Need A Bigger Stimulus

Mihir Sharma, Bloomberg | Thursday May 21, 2020

When Prime Minister Narendra Modi recently announced a stimulus package for India, he said it was worth Rs. 20 trillion - $265 billion, equivalent to about 10% of the country's GDP. This seemed to fit in with the amounts being spent by some rich OECD economies to deal with the fallout from the Covid-19 pandemic. Equity markets exulted.

Opinion: PM Modi's 21-Day Lockdown Will Change India Forever

Opinion: PM Modi's 21-Day Lockdown Will Change India Forever

Mihir Sharma, Bloomberg | Wednesday March 25, 2020

Modi's message on Tuesday evening was even starker than most expected. From midnight, this country of 1.3 billion will shut down: "For 21 days, forget what going out means."

Opinion: As Trump Visits India, A Full Stadium, Mostly Empty Promises

Opinion: As Trump Visits India, A Full Stadium, Mostly Empty Promises

Mihir Sharma, Bloomberg | Friday February 21, 2020

If there's one thing everyone knows about President Donald Trump, it's that he loves a captive audience the larger and more enthusiastic, the better. This is one of the many things he has in common with India's Prime Minister Narendra Modi.

Opinion: If India Story Isn't Dead, It's Certainly On Life Support

Opinion: If India Story Isn't Dead, It's Certainly On Life Support

Mihir Sharma, Bloomberg | Tuesday October 29, 2019

The Indian economy is facing a perfect storm, beset by a combination of cyclical and structural factors that makes recovery doubly difficult.

Opinion: Death of Coffee King V.G. Siddhartha Should Be a Lesson

Opinion: Death of Coffee King V.G. Siddhartha Should Be a Lesson

Mihir Sharma, Bloomberg | Thursday August 01, 2019

On Monday, Indian entrepreneur V.G. Siddhartha asked his driver to bring him to a bridge close to the southern city of Mangaluru. Then, according to the driver, Siddhartha got out to take a walk. He was not seen again; his body was recovered on Wednesday morning.

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: Chennai's Water Crisis Largely A Man-Made Disaster

Opinion: Chennai's Water Crisis Largely A Man-Made Disaster

Mihir Sharma, Bloomberg | Thursday June 27, 2019

One of India's largest cities, Chennai, is dealing with a crippling crisis: It has run out of water. In the middle of a particularly hot summer, the four lakes that supply the capital of the southern state of Tamil Nadu have dried up; together they contain just 1% of the volume they did last year. Residents don't have enough water to drink, bathe or wash clothes. Peop...

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: 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.

Opinion: Congress Manifesto Reminds PM Modi What Reform Looks Like

Opinion: Congress Manifesto Reminds PM Modi What Reform Looks Like

Mihir Sharma, Bloomberg | Wednesday April 03, 2019

Five years on, the choice between PM Modi's Bharatiya Janata Party and the Congress, led by Rahul Gandhi, seems to have been reset. For many, PM Modi's government has not lived up to expectations. While he brought a new energy to governance, a lack of familiarity with policy combined with a lack of competence in his party and cabinet to stymie his more ambitious effor...

Opinion: PM Modi Should Respect Tradition On Last Budget Before Polls

Opinion: PM Modi Should Respect Tradition On Last Budget Before Polls

Mihir Sharma, Bloomberg Opinion | Tuesday January 29, 2019

Populist spending is to be expected in an election year.

Opinion: Budget May Rely On Some Bogus Numbers

Opinion: Budget May Rely On Some Bogus Numbers

Mihir Sharma, Bloomberg Opinion | Tuesday January 22, 2019

Fiscal deficits are supposed to be more than a measure of how responsible a government is with tax money.

Opinion: Why India's Airlines Keep Struggling To Take Off

Opinion: Why India's Airlines Keep Struggling To Take Off

Mihir Sharma, Bloomberg Opinion | Tuesday December 04, 2018

Jet Airways suffered losses for three consecutive quarters now; its cumulative current liabilities have climbed to $2.2 billion.

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 ...

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