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OPINION

The sameness of the Modi 3.0 govt is a mirage

News, Andy Mukherjee, Published on 15/06/2024

» The new cabinet of Indian Prime Minister Narendra Modi is much the same as his old. The ministers for finance, defence, home, and foreign affairs have been retained, giving the impression of policy continuity.

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OPINION

India's exit polls may be more noise than signal

News, Andy Mukherjee, Published on 04/06/2024

» Prime Minister Narendra Modi is set for a landslide victory in India's general election. Or so claims nearly every exit poll released since the end of voting on Saturday evening. Yet, these surveys have proved spectacularly wrong in the past, and they must be read even more cautiously this time around because of the Modi government's outsize sway on the television stations that commission them.

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OPINION

China, India: 2 faces of liquidity

News, Andy Mukherjee, Published on 31/01/2024

» Lenders in the world's two most populous nations are having very different problems with monetary and fiscal taps. In China, creditors are drowning in cheap central bank cash, but loan demand is muted. In India, banks are in the middle of their fastest expansion in a decade, but they're parched for liquidity.

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OPINION

Why India risks falling way behind in the AI race

News, Andy Mukherjee, Published on 03/07/2023

» India's tech industry is being less than bold in embracing artificial intelligence. It's hoping to create solutions for corporate clients by building on top of somebody else's investment in foundational technologies, hardly a strategy for pathbreaking success.

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OPINION

Modi's failed plan to make a Singapore in Gujarat

News, Andy Mukherjee, Published on 22/02/2021

» When Singapore set up an international financial hub in the late 1960s, the city-state was thinking both fast and slow -- seizing an immediate opportunity, and opening a path to long-term economic development. Half a century later, India is attempting something similar in Prime Minister Narendra Modi's home state of Gujarat. But without much thought going into what exactly it's building, for whom and for what purpose, all it may get is a casino for the local rich.

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OPINION

Millennial vote a key for Asian polls

News, Andy Mukherjee, Published on 31/12/2018

» In the first half of 2019, a billion Asians will elect the next leaders of the region's two largest democracies. Half -- 400 million in India, and 79 million in Indonesia -- are from the millennial generation, born roughly between 1982 and 2001. Many will cast ballots for the first time. Although the threat of sectarian hatred looms large over both the Indian and Indonesian elections, economics will still take centre stage.

OPINION

Lessons to be learnt from India's debt-ridden projects

News, Andy Mukherjee, Published on 18/09/2018

» It was as a newspaper-office intern in New Delhi in 1992 that I witnessed the birth of India's homegrown belt-and-road initiative. The programme was midwifed by an up-and-coming lender that few had then heard of: Infrastructure Leasing & Financial Services Ltd.

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OPINION

No Chinese belt, road or bedrooms for Mahathir

News, Andy Mukherjee, Published on 30/08/2018

» Perplexed, wounded, indignant or still optimistic. The Chinese developer Country Garden Holdings Co. can put any spin it wants on its Forest City project, a US$100 billion Malaysian township whose fate suddenly has been thrown into doubt after Mahathir Mohamad's pointed refusal to let foreigners buy apartments or live in them long term.

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OPINION

Mahathir must temper market scorn

News, Andy Mukherjee, Published on 18/05/2018

» Mahathir Mohamad blamed everyone except himself and his policies for his country's entanglement in the 1997 Asian crisis. It appears two decades haven't been enough to mellow the Malaysian leader.