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Mihir Sharma

Mihir Sharma

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India’s Shiny New Metros Are Costly White Elephants

India’s Shiny New Metros Are Costly White Elephants
previous day 2

Bloomberg

Mihir Sharma

India Has Good Reason to Help Shore Up Trump’s Wall

India Has Good Reason to Help Shore Up Trump’s Wall

India is proud of its diaspora. People of Indian extraction tend to earn well over the average wage in most countries, and often fit seamlessly and...

24.01.2025 10

Bloomberg

Mihir Sharma

Jailing Imran Khan Won’t Fix Pakistan’s Problems

Jailing Imran Khan Won’t Fix Pakistan’s Problems

Imran Khan, who was handed a 14-year sentence for corruption by a Pakistani court on Thursday, is not the first of that nation’s former prime...

21.01.2025 10

Bloomberg

Mihir Sharma

India’s Hotels Can’t Surrender to the Marriage Police

Meerut, an hour’s drive from Delhi and home to a mere couple million people, is what in India’s crowded north is considered a small town. There...

17.01.2025 10

Bloomberg

Mihir Sharma

H-1B Backlash Shows Indians They’re Not So Special Anymore

Indians have long been proud of what they see as their outperformance in the information technology sector. Companies such as Infosys Ltd. and Tata...

09.01.2025 10

Bloomberg

Mihir Sharma

India and China Should Admit Their Economies Are Intertwined

India’s national security advisor met Chinese Foreign Minister Wang Yi for the first time since 2019 last month. This get-together was previously...

04.01.2025 5

Bloomberg

Mihir Sharma

India Is Shooting Itself in the Foot on Trade — Again

President-elect Donald Trump has renewed his threat to impose a tariff wall on Indian imports to the US. One of the few recognizable threads...

03.01.2025 3

Bloomberg

Mihir Sharma

BRICS Don’t Threaten the Dollar, the US Does

Few leaders can tilt at imaginary windmills with as much panache as Donald Trump. He demonstrated that again when he recently demanded that the...

17.12.2024 10

Bloomberg

Mihir Sharma

India Shouldn’t Let Its Data Turn Chinese

India’s institutional strength used to be reflected in the reliability of its national accounts. Unlike in China, few questioned the government’s...

11.12.2024 6

Bloomberg

Mihir Sharma

Why Has the Great Indian Shopper Gone Silent?

India-watchers were startled by recent data showing that growth slowed last quarter — by a lot. Gross domestic product expanded only 5.4% between...

05.12.2024 4

Bloomberg

Mihir Sharma

India Can’t Afford Another Round of Greenwashing

About two decades ago, the market for carbon “offsets” seemed to be thriving. Under the Clean Development Mechanism of the Kyoto Protocol,...

02.12.2024 4

Bloomberg

Mihir Sharma

Goal of Subsidies Should Be Profits, Not Votes

Between April and October, Apple Inc. exported about $7 billion worth of iPhones from India, most of them to the US. Prime Minister Narendra Modi...

21.11.2024 5

Bloomberg

Mihir Sharma

India Can Say No on Trade. Here’s How to Get to Yes

India’s approach to free trade can appear contradictory. Officials insist they are serious about closing new deals with the UK and the European...

04.11.2024 4

Bloomberg

Mihir Sharma

India Is Testing Its Friends’ Trust, and Patience

India’s friends and partners are clearly feeling a growing sense of disquiet right now. Relations between Canada and India hit a new low this week,...

17.10.2024 3

Bloomberg

Mihir Sharma

Ratan Tata’s Vision Should Still Be India’s

In India, the Tata name is ubiquitous. People see it on the packet of tea that wakes them up in the morning, on the buses that carry them to work,...

10.10.2024 10

Bloomberg

Mihir Sharma

Modi Wants ‘One India.’ It Needs Many Elections

A surprise election victory in the north Indian state of Haryana comes as a welcome boost for Prime Minister Narendra Modi’s Bharatiya Janata...

10.10.2024 3

Bloomberg

Mihir Sharma

India Won’t Grow Without Taking on the World

Ever since Prime Minister Narendra Modi announced his “Make in India” policies shortly after being elected prime minister in 2014, New Delhi has...

04.10.2024 2

Bloomberg

Mihir Sharma

Experts Should Keep Setting India’s Rates, Not Flunkies

In the very near future, we will learn the identities of three new “external” members of the Reserve Bank of India’s six-person monetary policy...

30.09.2024 6

Bloomberg

Mihir Sharma

For India, It’s Not Such a Great Day in the Neighborhood

Sri Lanka has a new president in nationalist outsider Anura Kumara Dissanayake. His victory is a testament to the vitality of the country’s...

26.09.2024 4

Bloomberg

Mihir Sharma

Sri Lankans Want Change. They Deserve Continuity

For decades, power in Sri Lanka alternated between two main parties. The fact that there are now three candidates with a legitimate shot at victory...

20.09.2024 3

Bloomberg

Mihir Sharma

India Has Chip Dreams. What It Needs Is a Strategy

Across the world, countries are spending wagonloads of taxpayer money to develop or support their semiconductor industries. This pipeline of cash...

16.09.2024 20

Bloomberg

Mihir Sharma

India Is Better Off Inside Trade Deals Than Out

Indian policymakers have traditionally scorned advice from overseas, especially from multilateral agencies such as the World Bank. Suggestions from...

09.09.2024 30

Bloomberg

Mihir Sharma

India Needs More Lending — But Not to Everyone

Indians are justifiably proud of how easy it has become for them to pay for stuff. If you have an Indian phone number and bank account, instant...

04.09.2024 10

Bloomberg

Mihir Sharma

Modi’s India Is Still Living in the Raj

An old joke in Indian policy circles is that whatever the problem of governance or administration being discussed, you always wind up with the same...

26.08.2024 1

Bloomberg

Mihir Sharma

Ukraine Needs More Than Missiles From the West

When Prime Minister Narendra Modi makes his first visit to war-torn Ukraine this week, he will likely argue for a swift end to the conflict. Modi’s...

22.08.2024 20

Bloomberg

Mihir Sharma

India Should Remove Food From Its Inflation Target

One of India’s problems is that, even as it grows richer, it struggles to change policies to match. Economic frameworks designed for when it was a...

18.08.2024 2

Bloomberg

Mihir Sharma

An Indian Billionaire Bets on Overcoming UK NIMBYs

Bharti Enterprises patriarch Sunil Mittal applauded perennial laggard British Telecom’s “glorious past” this week upon his group’s agreement to buy...

16.08.2024 3

Bloomberg

Mihir Sharma

Modi Can’t Build India’s Military This Way

When India’s finance minister presents the annual budget to Parliament, her speech is watched not just for what it includes but what it leaves out....

01.08.2024 2

Bloomberg

Mihir Sharma

Modi’s Budget Has a Big Credibility Gap

Ten years after he was first elected India’s prime minister, Narendra Modi may finally have diagnosed why India’s growth, while better than in many...

26.07.2024 30

Bloomberg

Mihir Sharma

India Needs to Face Up to Its Junk Food Crisis

India is not the world’s healthiest country. Sadly, regulators seem determined to make the problem worse with each passing year. Urban Indians,...

22.07.2024 2

Bloomberg

Mihir Sharma

Modi’s New Budget Shouldn’t Break the Bank

Things seem to be falling comfortably into place for Indian Prime Minister Narendra Modi. Yes, he lost seats in India’s recent general election —...

17.07.2024 2

Bloomberg

Mihir Sharma