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Andy Mukherjee

Andy Mukherjee

Bloomberg

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India’s Third Shot at Tax Reform Mustn’t Miss the Target

India’s Third Shot at Tax Reform Mustn’t Miss the Target

Many Indians are expressing their unhappiness with income taxes on social media, even though few pay any. However, most of the 75 million individuals...

22.01.2025 5

Bloomberg

Andy Mukherjee

The Great Unease of Doing Business in India

The Great Unease of Doing Business in India

A little over three years ago, the World Bank scrapped its annual “Doing Business” report amid allegations that its top management had applied...

18.01.2025 30

Bloomberg

Andy Mukherjee

Modi’s Growth Mythology Needs a Reboot

Modi’s Growth Mythology Needs a Reboot

India’s economy needs a readjustment, and not just in fiscal and monetary policies. The whole folklore around emulating China’s multi-decade...

15.01.2025 40

Bloomberg

Andy Mukherjee

How a $2.6 Trillion Fund Was Taken for a Ride

India’s market regulator has unearthed a plot to allegedly generate millions of dollars in illegal gains through the legitimate trades of a large...

09.01.2025 20

Bloomberg

Andy Mukherjee

'Timepass' Is India's Way of Lying Flat

In the quirky world of Indian English, “timepass” is of relatively recent vintage. Its first known appearance was in a newspaper article from...

07.01.2025 20

Bloomberg

Andy Mukherjee

Bollywood’s Dark Past Is Threatening to Return

Disaster. Flop. Average. If you had to bet on a Bollywood movie’s fate in 2024, those would have been your three best options in a year set to...

28.12.2024 4

Bloomberg

Andy Mukherjee

Walmart Has a Tough Battle Ahead in India

E-commerce in India is a political and regulatory minefield. US consumer giant Walmart Inc. — which has been waiting to launch the...

19.12.2024 10

Bloomberg

Andy Mukherjee

India Is Sacrificing Growth. It Needs to Stop

Five years ago, policymakers in New Delhi were in denial about a funk in wage incomes so deep that Indians were skimping on 7 cent cookies. Much...

12.12.2024 4

Bloomberg

Andy Mukherjee

Adani’s Troubles May Give India Inc. a Breather

The US bribery case against Gautam Adani has become something of a suspense thriller. Everyone is waiting to see if the scandal will halt the...

09.12.2024 8

Bloomberg

Andy Mukherjee

India’s Cities Are Mired In a Cycle of Mediocrity

The real India lives in her 700,000 villages, Mahatma Gandhi once said, and generations of schoolchildren across the country memorized the words as...

03.12.2024 40

Bloomberg

Andy Mukherjee

India’s More Immediate Worry Is Tomatoes, Not Trump

Donald Trump is not India’s No. 1 problem. At least not right now. His hawkish trade policy may well emerge as an outsize threat to supply chains...

15.11.2024 20

Bloomberg

Andy Mukherjee

The Wealthy Will Shield Asian Banks From Trump Tariffs

Bankers in Hong Kong and Singapore are in for a few busy months financing a rush of shipments from Asian exporters into the US ahead of President-...

13.11.2024 100

Bloomberg

Andy Mukherjee

The Secret Sauce of the China-India Rivalry Is Education

The world’s two most-populous nations began to open up to the world around the same time, in the early 1990s. But while both grew rapidly and...

08.11.2024 8

Bloomberg

Andy Mukherjee

That Giant Sucking Sound Is From India’s Stock Market

The run-up to this year’s Diwali festival was more than a tad dim for India’s stock market. Foreigners pulled out $10 billion in October, even...

04.11.2024 2

Bloomberg

Andy Mukherjee

India Inc.’s Spending Splurge May Not Trickle Down

The carnival of capital expenditure that was awaiting Narendra Modi’s return to power in India seems to have been delayed. That’s partly because...

17.10.2024 10

Bloomberg

Andy Mukherjee

Modi’s Surprise Poll Win Will Give Rivals Pause

Barely four months after returning to power with a reduced parliamentary majority, Narendra Modi’s government looks tired and shaky. But a...

09.10.2024 1

Bloomberg

Andy Mukherjee

Why Singapore and Hong Kong Want Money to Serve a Purpose

Late last month, Hong Kong began a second round of pilot programs for e-HKD, a much-awaited electronic version of the island’s banknotes. The...

06.10.2024 6

Bloomberg

Andy Mukherjee

Why India’s Market Watchdog Needs Stricter Controls

Ignoring the credibility crisis at the very top of the Securities and Exchange Board of India won’t make it go away. Nor will chair Madhabi Puri...

11.09.2024 7

Bloomberg

Andy Mukherjee

Why Singapore Is Bringing Blockchain Into Mutual Funds

Most people see “blockchain” and “funds” in the same sentence and immediately think of pools of money betting on cryptocurrencies like Bitcoin...

06.09.2024 90

Bloomberg

Andy Mukherjee

India’s Deposit Crunch Has a Taste of China’s Past

A shortage of deposits is starting to unnerve India’s bankers and policymakers. The lenders’ worry is more understandable than the...

03.09.2024 5

Bloomberg

Andy Mukherjee

In India, Some M&A Are More Equal Than Others

Amid the ongoing row between a New York-based short seller and the Indian market regulator, a completely different controversy is brewing. It...

02.09.2024 9

Bloomberg

Andy Mukherjee

How the Fed Will Help Singapore REITs Outshine Banks

Singapore property owners have spent a long time languishing in the shadow of the chart-topping performance of the island’s banks. But with US...

28.08.2024 1

Bloomberg

Andy Mukherjee

Hindenburg 2.0 Needs a Different Response From India

Hindenburg Research’s allegations of potential conflict in the Adani inquiry against the chief of India’s market watchdog — denied by her and...

23.08.2024 2

Bloomberg

Andy Mukherjee

Ambani Is Drawing on Shein’s Help in His Battle With Tata

Asia’s richest man, who made a glamorous splash this year with a $600 million wedding bash for his son, is now in a battle to hawk fashion to...

20.08.2024 3

Bloomberg

Andy Mukherjee

An Indian IPO Is Putting Modinomics to the Test

For the first time in two decades, a major Indian automaker has made a stock-market debut, and an impressive one at that. The continued success of...

14.08.2024 10

Bloomberg

Andy Mukherjee

Adani Saga’s New Twist Is Great Political Fodder

It’s just as well for Narendra Modi that India’s parliament has been adjourned a day ahead of schedule. Opposition parties would definitely...

12.08.2024 2

Bloomberg

Andy Mukherjee

Bangladesh’s Failure Must Worry India

The collapse of a friendly government in Bangladesh is bad news for Prime Minister Narendra Modi. Most of India’s diplomatic relationships in...

09.08.2024 20

Bloomberg

Andy Mukherjee

DBS Investors Should Enjoy the View From the Peak

DBS Group Holdings Ltd.’s better-than-expected profit Bloomberg Terminal is a snapshot of the global interest-rate rollercoaster at its highest...

07.08.2024 1

Bloomberg

Andy Mukherjee

Indian Banks Want Customers, But No Smartphones Please

In the past year, more than 600 Indian banks moved $2.5 trillion, or 80% of gross domestic product, between customer accounts. All these...

01.08.2024 5

Bloomberg

Andy Mukherjee

Modi’s Tax Plan Is Squeezing the Middle Class

Indian Prime Minister Narendra Modi sought a third five-year term by promising to march his country toward “Amrit Kaal,” an epoch of plentitude...

29.07.2024 1

Bloomberg

Andy Mukherjee

Can Hong Kong Make Stablecoins Safer?

In less than 18 months, global banks will have to confront a problem almost philosophical in its scope, but with practical cost implications: What...

25.07.2024 1

Bloomberg

Andy Mukherjee

India’s Jobless Are Finally Getting Some Love — and Money

It took a loss of parliamentary majority for Narendra Modi’s government to start acknowledging the biggest source of social angst in the...

23.07.2024 2

Bloomberg

Andy Mukherjee

Modi Put Up Tariff Walls. Now He Must Bring Them Down

Now that a jobs crisis is weakening his hold on power, how serious is Prime Minister Narendra Modi about reviving India’s factories? We will know...

18.07.2024 1

Bloomberg

Andy Mukherjee

Ambani's $600 Million Wedding Is Just Business as Usual

Mukesh Ambani once revealed that he watches as many as three Bollywood movies a week in his home theater. “You need some amount of escapism in...

15.07.2024 4

Bloomberg

Andy Mukherjee

Your Money Will Be Gone in 60 Seconds, and That’s Good

Money will soon jump borders in 60 seconds or less. When I described Nexus as consumer banking’s next big thing three years ago, it was just a...

11.07.2024 1

Bloomberg

Andy Mukherjee