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Jan 1, 2025 | 
outlookbusiness.com | Neeraj Thakur |Deepsekhar Choudhury |Kiran Mazumdar Shaw |Neelkanth Mishra
COVER STORYDonald Trump—the man who had once threatened North Korea about the size of America’s nuclear button—has returned to the Oval OfficeDonald Trump—the man who had once threatened North Korea about the size of America’s nuclear button—has returned to the Oval OfficePagers turn into bombs. Chips shatter free-market dogmas.
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Nov 1, 2024 | 
indianexpress.com | Neelkanth Mishra
But what stood out to me was a comment he made to a friend of mine, that all he wanted was time to finish his translations of the puranas. I then heard him conduct a seminar in Sanskrit. To someone who grew up being told stories of self-actualised intellectuals who possessed little but were committed to a life of scholarship, this was real-life inspiration. So I was excited when I got a chance to work with him. I was not disappointed.
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Sep 19, 2024 | 
timesofindia.indiatimes.com | Neelkanth Mishra
Lower US rate by itself won’t fire up Indian stocks much. But RBI will have more elbow roomThe US Federal Reserve started the long-awaited cycle of rate cuts by reducing the Fed funds rate by 50 basis points (one basis point is one-hundredth of a percent) in an 11-1 vote on Wednesday, with the lone dissenter recommending a 25bps cut. What has driven the change? The Fed pursues a dual mandate of ‘maximum employment and price stability’.
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Sep 16, 2024 | 
economictimes.indiatimes.com | Neelkanth Mishra
The economy has slowed over the past few months. Sales growth has decelerated for both consumption items like cars, and for proxies of investment like cement. This was visible in the June quarter GDP report , and things haven't improved in the first two months of this quarter.Two of the major drivers are well understood: election-related slowdown in government spending , which should be temporary, and weakening of exports given wobbly global demand and China's overcapacity, which can last.
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Aug 12, 2024 | 
timesofindia.indiatimes.com | Neelkanth Mishra
Over the past two years, consensus on US economy had shifted from anticipating a ‘hard landing’ (that is, a recession) to a ‘soft landing’: that inflation would be contained without much of a growth sacrifice. Some observers hailed this as ‘immaculate disinflation’. This has been challenged by recent economic data. Despite a slight fall, unemployment claims are well above the lows of Jan, and new job openings have slowed.
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Aug 12, 2024 | 
timesofindia.indiatimes.com | Neelkanth Mishra
If Fed starts cutting rates, it will increase room for rate cuts here, which are necessary because our economy is still more than a year behind where it would have been if not for the pandemicOver the past two years, consensus on US economy had shifted from anticipating a ‘hard landing’ (that is, a recession) to a ‘soft landing’: that inflation would be contained without much of a growth sacrifice. Some observers hailed this as ‘immaculate disinflation’.
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Jul 23, 2024 | 
economictimes.indiatimes.com | Neelkanth Mishra
The first budget of any new administration is expected to provide directional clarity on two major issues: contours of fiscal policy preferences in the budget arithmetic, and an outline of the reform agenda for the next five years in the budget speech.The budget maths shows that GoI continues to prioritise macroeconomic stability, by staying on its fiscal consolidation path.
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Jul 7, 2024 | 
economictimes.indiatimes.com | Neelkanth Mishra
Over the last few years, as the US-China strategic conflict has intensified, 'China+1' has become a popular phrase. Countries, including India, have jostled to be the '+1', easing policies and providing incentives to attract foreign firms trying to reduce their dependence on China for manufacturing.However, let alone a drop in China's global share of manufacturing, we are seeing an increase - from an already high 35% in 2020, it may already be near 38%.
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Feb 1, 2024 | 
indianexpress.com | Neelkanth Mishra
Interest costs, after all, reflect past deficits. The pandemic-era fiscal scars would continue to be visible through higher interest expenses for a while given the nearly 10 per cent point jump in the debt-to-GDP ratio. Fiscal discipline is necessary for many more years for the debt-to-GDP ratio to fall back to pre-Covid levels near 70 per cent.
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Aug 15, 2023 | 
timesofindia.indiatimes.com | Neelkanth Mishra
This is not the first time that Chinese economic policymakers have faced serious challenges. To many the last 45 years might appear as a continuous period of rapid growth, but nearly every decade, radical shifts in policy were necessitated by previous reforms either running out of steam or causing distortions. Read full story on TOI+ Facebook Twitter Linkedin Email Disclaimer Views expressed above are the author's own. END OF ARTICLE
