Mihir Sharma Bloomberg – Author, NDTV.com

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: 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.

Opinion: In 4 Years, PM Modi Has Made Real Progress In Three Goals

Mihir Sharma, Bloomberg | Tuesday May 29, 2018

Four years ago this week, Narendra Modi was sworn in as India's prime minister amid the kind of excitement and expectation not seen in decades. Not for 30 years had a single party won an electoral majority.

Opinion: China Is Pakistan's "Iron Friend," But This Isn't What Friends Do

Mihir Sharma, Bloomberg | Wednesday May 23, 2018

We're about two months away from elections in Pakistan -- elections that are almost certain to be shrouded in controversy, one way or another. And, worryingly for Pakistan, it appears that the economy is weakening, just in time for the instability that might follow from the country's turbulent politics.

Opinion: Modi's Future Seemed Secure. Then Karnataka Happened

Mihir Sharma, Bloomberg | Monday May 21, 2018

As a politician, Indian Prime Minister Narendra Modi is distinguished by his relentlessness. Every vote, every constituency, every election matters.

Opinion: Walmart's Big India Deal Is An Admission Of Defeat

Mihir Sharma, Bloomberg | Thursday May 10, 2018

Walmart Inc. might want to portray its $16 billion purchase of India's largest e-commerce firm, Flipkart Group, as a brilliant strategic move, long-planned in secret, that would allow the U.S. retail giant to manage the transition away from big-box stores globally. Yet, the truth is that the deal represents a second-best outcome -- if that -- for Walmart as well as fo...

Opinion: In India, North-South Divide Grows More Dangerous

Mihir Sharma, Bloomberg | Wednesday April 25, 2018

The fissures dividing the country's richer and poorer halves are ripping open.

Opinion: Short Of Cash, India Is Starving Its Military

Mihir Sharma, Bloomberg | Thursday March 29, 2018

As the People's Republic of China continues its rise, Asia and the world are scrambling to keep their balance. Among China's neighbors and rivals, few countries seem willing or ready to counter the challenge it poses. Japan is struggling with decades of diffidence internationally and the strictures of its postwar constitution. The countries of Southeast Asia are divid...

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: 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: 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: 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: 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...

Opinion: After Moody's Rating, Can PM Modi Take Victory Lap?

Mihir Sharma, Bloomberg | Monday November 20, 2017

Moody's decision on Friday to raise its rating of India's sovereign bonds a notch, from Baa3 to Baa2, could elicit one of two reactions. On the one hand, a fair observer could feel that that the decision was way overdue. And, on the other hand, an equally fair observer could raise an eyebrow at the timing. Actually, it's possible to feel both emotions simultaneously -...

Opinion: Opinion: Budget Must Address India's Reputation Problem

Mihir Sharma, Bloomberg View | Monday January 30, 2017

The government's official estimate of 7.1 percent GDP growth this financial year (which began in April) is widely doubted and doesn't take into account the chaos wrought by demonetization.

OPINION