Page 3 - Andy Mukherjee

RBI should raise rates more to fulfil inflation mandate, regain credibility

Higher interest rates may complicate the financing of a record $200 billion government borrowing programme, bigger than even in the first year of the pandemic.

Insolvent Sri Lanka should swap its central bank with currency board

Currency boards are typically associated with lower inflation, higher economic growth and smaller fiscal deficits when compared with hard pegs that are supported by promises, rather than protocols

The battle between Bezos and Ambani continues, this time for cricket

Both Amazon Chairman Jeff Bezos, the second-richest person in the world, and Ambani, No 9, want to dominate India's large - and still highly informal - retail industry

Port City Colombo: The great Chinese white elephant of Sri Lanka

The project is envisioned as a playground for the rich who would earn in dollars and keep all of it

HDFC giants' merger is a joint-family deal made for a changing India

As the two HDFC elephants start their dance, they must be careful - not just of other banks, but of fintech rivals trying to set the tune for both lenders and borrowers.

India shouldn't fall for Putin's rupees-for-rubles deal

India may end up testing US and European Union tolerance if it agrees to rupee-ruble trade using Russia's communication channel SPFS to move funds

Fintech has spread far and wide in India, banks need a counterattack

Banks aren't intuitively geared to handle the unique requirements of small businesses

Startup chutzpah: Newbie scooter maker Ola leads India's EV race

Ola Electric Mobility Pvt., a Bengaluru-based startup, will get state support to manufacture EV batteries that can store a total of 20 gigawatt-hours of power, the government said on March 24

Grab some popcorn: Mukesh Ambani vs Gautam Adani rivalry is getting intense

Their balance sheets and visions are different but a confrontation between the billionaires looks almost guaranteed.

Bad news for Amazon as Ambani's RIL seizes the future of retail in India

In the end, Mukesh Ambani settled the dispute over who gets to own the assets of beleaguered Future Retail not in an arbitration tribunal in Singapore, or in a Delhi courtroom, but in a shopping aisle

Plastic nationalism: Can India really shelve Visa and Mastercard for RuPay

Ater card platforms suspended Russian clients' access to merchants overseas, the link between plastic and politics has acquired a more serious dimension.

The business secrets held in India's Dove bars and Nutella jars

A case of Dove bars, a couple of dozen Lay's packets, six jars of Nutella. To the owner of a tiny mom-and-pop store, these may just be the humdrum weekly sales figures for soap, chips and bread spread

Mukesh Ambani's succession plan needs three superstar businesses

Having the family jointly oversee the whole may be a superior option to dividing up oil refining and petrochemicals, telecom and retail assets.

Digital cash could make inflation worse if central banks aren't cautious

Central banks in China and Sweden have fairly advanced plans to introduce currencies in electronic form for retail use.

Franklin Templeton's closures reflect poorly on India's capital markets

Failures like IL&FS, Yes Bank and Templeton have been absorbed by the Indian financial system, but at a cost

A gloom-and-doom scenario: Why Bond market loves India's tax mess

The Reserve Bank of India has told banks that if they buy another 3 trillion rupees ($41 billion) of government bonds, they can park them in a bin that doesn't have to be marked to market

PMC Bank doesn't pose a systemic threat but it is a canary in the coal mine

Given the extent of current nervousness in the financial system, it would be a bad idea to let this problem linger for even six months

Why Facebook's crypto Libra may spark a currency war soon

Facebook Inc. wants to spawn a new global currency - one that could meet the "daily financial needs of billions of people" and perhaps rival the greenback one day

Why the 'angel tax' has left early-stage investors exasperated in India

The revenue authorities have been hounding tiny companies over money raised from investors, claiming their valuations are fraudulent

After IL&FS, securitisation... India's Lehman genie out of the bottle again

It all began on Tuesday with S&P Global's Indian affiliate, Crisil, downgrading Jharkhand Road Projects Implementation Co.'s annuity-backed bonds to D after it skipped interest and principal payments