Paytm Fiasco Shows the RBI Doesn't Understand Payments
Andy Mukherjee | Bloomberg | Tuesday February 06, 2024The RBI could have handled the crisis at Paytm better. In barring the company from onboarding new customers from February 29, it has triggered a crisis of confidence among crores of users
Opinion: Disney's Sales To Reliance Will Follow Rupert Murdoch's Logic
Andy Mukherjee | Bloomberg | Thursday October 26, 2023A new class of competition is disrupting legacy media in the world's most-populous nation, leading to a second change in the ownership of a popular franchise in four years. Rupert Murdoch was the first to see the threat. Now it's Bob Iger's turn.
Opinion: RBI Caught Between Tomatoes and Cookies
Andy Mukherjee | Bloomberg | Friday August 11, 2023Food prices in India are sending confusing signals - cookies are becoming more affordable, but meals are turning more expensive.
Opinion: HDFC Merger Will Leave India's Banks Gasping
Andy Mukherjee | Bloomberg | Thursday July 06, 2023When the remaking of India's socialist financial landscape began in 1993, very few people believed in the project - some of the 40 applications to set up new private-sector banks were so frivolous that they were written on postcards.
Opinion: Bengaluru Should Listen To Sam Altman's Advice On AI
Andy Mukherjee | Bloomberg | Friday June 30, 2023India's tech industry is being less than bold in embracing artificial intelligence. Its hoping to create solutions for corporate clients by building on top of somebody elses investment in foundational technologies.
Opinion: India Is Once Again Making Money A Plaything
Andy Mukherjee | Bloomberg | Friday May 26, 2023When it comes to money, ignorance is bliss. For the second time in recent years, India seems to have disregarded this maxim.
Opinion: Bengaluru Can't Deal With SVB If It Is Stuck In Traffic
Andy Mukherjee | Bloomberg | Monday April 10, 2023Bengaluru has been dealt a terrible hand by politicians. India's software powerhouse earned its spurs by managing tech for global multinationals. Now it's even shielding local startups from the falling debris in US banking.
Opinion: Bengaluru Reads Your X-Ray. Chennai May Train Your Doctor
Andy Mukherjee | Bloomberg | Monday April 03, 2023India's capabilities in software are entering a new phase. The industry that came into its own at the turn of the millennium has remained fixated on providing outsourced services at a fraction of code-writing cos
Opinion: Slowdown Hits India's Notoriously Budget-Conscious Consumer
Andy Mukherjee | Bloomberg | Tuesday January 24, 2023Manufacturing of wants is hard anywhere for marketers, but the challenge is bigger when the bottom half of the population takes home only 13% of national income.
Opinion: Budget 2023 - What To Expect From PM Modi
Andy Mukherjee, Bloomberg Opinion | Friday January 20, 2023PM Modi's core economic agenda is to promote India as a rival manufacturing destination to China. He has sought to achieve this by incentivizing private factory expenditure and allocating more state resources to infrastructure, particularly rail and road. uncertain global demand and lackluster domestic consumption may keep a lid on private investment. The Indian gov...
Opinion: Digital Currency Needs To Feel Real. Here's The Reason Why
Andy Mukherjee, Bloomberg Opinion | Monday December 12, 2022Some of the early CBDC experimenters like China, Sweden and South Korea have already moved away from physical cash to a large extent.
Opinion: How Safe Is India's Economy? What's Working - And What Isn't
Andy Mukherjee | Bloomberg | Monday December 05, 2022It's not immediately obvious that the global slowdown has also arrived in India: Investments in factories, roads, and other fixed assets are just shy of 35% of domestic output; they haven't been this high in 10 years. Loan demand is growing so fast t
Opinion: Gautam Adani's New "Ferrari" Plan Could Confront Traffic Jam
Andy Mukherjee | Bloomberg | Tuesday November 29, 2022Gautam Adani is ready to unveil his much-hyped super-app, made by an in-house startup he wants to be "the Ferrari of the digital world."
Opinion: The Big Problem With India's Data Protection Bill
Andy Mukherjee | Bloomberg | Wednesday November 23, 2022India's previous attempt at framing a law on personal-data protection had made 21 references to "privacy," starting by acknowledging it as a fundamental right.
Opinion: China-West Tensions Boost India's Manufacturing Goals
Andy Mukherjee | Bloomberg | Friday October 28, 2022Companies in India release their September quarter earnings around the Diwali festival, the high season for domestic consumption. No surprise then that this is when analysts run a reality check on the country's billion-plus shoppers.