Andy's Feed
Jan 21, 2014

India in depth: A reformist election manifesto

(The author is a Reuters Breakingviews columnist. The
opinions expressed are his own)

By Andy Mukherjee

SINGAPORE, Jan 21 (Reuters Breakingviews) – The key to this
year’s Indian election lies with young voters. What they would
like to see in party manifestos and “vision documents” aren’t
empty slogans and hollow promises, but an outline of policies
and programmes that will end the country’s pervasive economic
gloom and provide real opportunities.

Jan 15, 2014
via Breakingviews

Another reason to be gloomy about emerging markets

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By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Investors have another reason to wrinkle their noses at emerging economies: fading labour productivity.

Jan 14, 2014
via Breakingviews

Japan index: Rising wages, prices add to optimism

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By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The Breakingviews Abenomics Index rose for a third straight month in November, buoyed by increasing consumer prices and improved household earnings. Equity and bond markets remain hopeful that Prime Minister Shinzo Abe’s war on deflation will move closer to its target in 2014.

Jan 10, 2014

Infosys is out of rehab, looking lean and hungry

(The author is a Reuters Breakingviews columnist. The
opinions expressed are his own)

By Andy Mukherjee

SINGAPORE, Jan 10 (Reuters Breakingviews) – After seven
months of rehab, Infosys is looking lean and
hungry enough to wolf down some large outsourcing deals in 2014.

Jan 3, 2014
via Breakingviews

India’s Common Man Party is investors’ frenemy

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By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The sudden rise of India’s self-professed “anti-establishment” party is making seasoned politicians nervous. Investors, meanwhile, view the dramatic ascent of the Aam Aadmi – Common Man Party – with a mixture of awe and suspicion.

Dec 18, 2013
via Breakingviews

Swift bad loan clean-up will beef up Indian banks

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By Andy Mukherjee
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

India’s new purge on bad loans will make banks sturdier. The Reserve Bank of India has proposed rules whereby lenders would start creditor crisis talks for any company that owes more than $16 million, if it misses a single repayment for more than 60 days. It sounds strict, but that’s what India needs: 10 percent of state banks’ loans have already turned bad.

Dec 17, 2013

India in depth: Three quick fixes for Modi

(The author is a Reuters Breakingviews columnist. The
opinions expressed are his own)

By Andy Mukherjee

SINGAPORE, Dec 17 (Reuters Breakingviews) – Narendra Modi
should think small during 2014. If the politician’s party does
win next year’s general election in India – as political pundits
increasingly believe it will – the future prime minister should
resist the temptation to immediately unveil a grand economic
strategy. In the interim, he should focus on quick and effective
repair jobs in the banking, electricity and textile sectors.

Dec 12, 2013
via Breakingviews

Microsoft lucky to avoid Nokia’s India tax bill

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By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Microsoft is lucky to dodge Nokia’s tax bill in India. On Dec. 12, the Delhi High Court allowed the Finnish group to transfer its Chennai factory to the U.S. software giant as part of its planned $7.4 billion sale of its mobile handset business. While the overall deal wasn’t in doubt, Microsoft avoids Nokia’s hard-to-assess tax liability. If only Vodafone had been so fortunate.

Dec 11, 2013
via Breakingviews

Japan index: Abenomics momentum masks weakness

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By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

A second straight gain in October pushed the Breakingviews Abenomics index to its highest since the 2008 crisis. But Prime Minister Shinzo Abe must worry about the durability of the recovery. Wage gains aren’t yet large enough to compensate households for rising prices.

Dec 10, 2013
via Breakingviews

Narendra Modi could be India’s Shinzo Abe

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By Andy Mukherjee

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Narendra Modi could be India’s Shinzo Abe. If the recent state polls are any indicator of the electorate’s mood, the opposition politician will be prime minister of the world’s largest democracy by May next year. Just like his Japanese counterpart, Modi would oversee higher asset prices and revive growth, but struggle with structural reforms.

    • About Andy

      "Andy Mukherjee covers Asian economies from Singapore. He joined from The Straits Times where he was a senior writer. Andy spent eight years at Bloomberg News, the last five as an Asia columnist. In 2004, and again in 2006, he was awarded the second prize for outstanding commentary writing by the New York-based South Asian Journalists' Association. He left Bloomberg to join a start-up business television station in Mumbai where he was the executive editor until 2010. Andy has an undergraduate degree in journalism from University of Delhi."
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