Neelkanth Mishra

With global economic policy preferences being the opposite of those seen after the 2008-09 crisis, so should be the implications

The persistent gap between credit and deposit growth has perplexed many. Could it be due to shortfalls in money injection by the RBI?

Continuing fiscal laxity in the US means monetary policy must do more of the inflation fighting, increasing risks of financial accidents

Recent evidence of a sharp slowdown in house construction in major markets poses downside risks to global growth

The failure of SVB was due to idiosyncratic reasons, but shows how higher rates can expose fault lines in unforeseen places

Ageing populations are likely to slow capital formation in North Asia, hurting global growth

The global savings glut may persist as, despite ageing rapidly, Asia can continue to be a net saver

Availability of industrial labour is less of a challenge than widely believed. Parents with fewer children have healthier and more educated ones

Thailand and China are at risk of growing old before they grow rich; India must grow its GDP at 8-9 per cent or more to avoid that fate

India's strong medium-term growth outlook may not suffice for foreign capital to flow, as existing channels that bring global savings to India face turbulence

Pricing risks could be next, but monetary conditions can remain tight

Growth downturns can expose vulnerabilities that increase market risks

Even as some inflationary impulses fade, others of more recent vintage pose new and bigger risks; one must disentangle multiple strands to reduce risk of policy errors

Letting the rupee weaken may be the least bad option; raising interest rates to slow imports is too blunt an instrument

2021 not only saw record funding creating a third of the country's unicorns, but also the first major listings, providing new valuation anchors

If energy prices remain this high for a year, they could shave 3 per cent off India's GDP, weaken the currency

The surge in energy prices is a concern for growth; even if temporary, a reminder of India's strategic dependence on imported energy

Should the next 5 million software engineers be hired and trained like the first 5 million?

Logistical disruptions are pushing apparent demand away from real demand, exacerbating the bull-whip effect

Opening up in the US may switch spending to services and wardrobe restocking, and de-stock overflowing pantries