Showing 1 - 7 of 7
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.
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.
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.
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.
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.
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.
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.