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Mihir Sharma

Opinion Columnist

Bloomberg

Mihir Sharma is a Bloomberg Opinion columnist. Views are personal, and do not represent the stand of this publication.

Pakistan’s economy is back. But so is terrorism

BUSINESS

Pakistan’s economy is back. But so is terrorism

Its nascent revival may be short-lived if insecurity in the borderlands comes to urban centers

India is shooting itself in the foot on trade — again

BUSINESS

India is shooting itself in the foot on trade — again

The government knows new jobs are a priority. But its latest policies hurt the companies that create them

India likes to say no in trade talks. Here’s how to get to yes

BUSINESS

India likes to say no in trade talks. Here’s how to get to yes

A new roadmap could liberate negotiators to evaluate deals from a wider perspective, with less fear of the consequences

Growth shouldn’t be the only goal for India’s startups

BUSINESS

Growth shouldn’t be the only goal for India’s startups

The hottest young companies have scaled up quickly, but need stronger governance to match their greater size

China’s economic success is a conundrum for Nobel winners

BUSINESS

China’s economic success is a conundrum for Nobel winners

Prize-winning economists thought they knew what made countries rich. Then China emerged

India needs more small loans but not to households

BUSINESS

India needs more small loans but not to households

A new system to help farmers and small businesses access credit would be welcome, as long as it doesn’t also fuel household debt

Bangladesh isn’t getting its happy ending with Sheikh Hasina’s downfall

WORLD

Bangladesh isn’t getting its happy ending with Sheikh Hasina’s downfall

The nation has been stable for so long, it’s easy to forget how dangerous it can be when it descends into chaos

Narendra Modi can’t build India’s military this way

POLITICS

Narendra Modi can’t build India’s military this way

The government is spending too little, and relying too much on inefficient state-owned companies, to produce a world-class fighting force

India needs to face up to its junk food crisis

BUSINESS

India needs to face up to its junk food crisis

If officials don’t want diseases like diabetes to spiral out of control, they need to tell consumers just how unhealthy their packaged snacks are

Modi’s Putin summit will show how he intends to position India globally

WORLD

Modi’s Putin summit will show how he intends to position India globally

The prime minister’s Russia visit could offer clues to how he intends to leverage foreign affairs in his third term

India’s banks know climate is their biggest threat

WORLD

India’s banks know climate is their biggest threat

They say global warming is now the top contributor to systemic risk. So why aren’t regulators moving faster?

Narendra Modi should give coalition allies more room to spend

BUSINESS

Narendra Modi should give coalition allies more room to spend

Powerful state leaders have long clamored for more room to spend. India’s new government should oblige them

India's opposition must offer Indians a credible alternative

POLITICS

India's opposition must offer Indians a credible alternative

Voters clearly want to see an alternative to Prime Minister Narendra Modi. His opponents must present a credible one 

Modi’s India: State-owned companies are outperforming private firms

BUSINESS

Modi’s India: State-owned companies are outperforming private firms

The fact that government-owned companies are outperforming private firms is nothing to celebrate

Lok Sabha Polls: Stock market slump doesn’t mean Modi is in trouble

POLITICS

Lok Sabha Polls: Stock market slump doesn’t mean Modi is in trouble

Slumping share prices have fueled speculation the prime minister’s re-election bid is struggling. In fact, traders are as clueless as everyone else

Modi must create more factory jobs for India to grow

BUSINESS

Modi must create more factory jobs for India to grow

Talk of finding a new development model is bunk. Only export-led manufacturing can provide the millions of jobs the country needs

Pakistan needs to get India's 'Yes' to resume trade

BUSINESS

Pakistan needs to get India's 'Yes' to resume trade

Resuming business with its larger, fast-growing neighbour clearly makes sense, but Indian companies will require some convincing

Indian economy has made it to the launchpad. It still needs a spark

BUSINESS

Indian economy has made it to the launchpad. It still needs a spark

India’s macroeconomic stability is impressive compared to many of its peers. Pandemic spending wasn’t excessive. The fiscal deficit has been steadily shrinking as a proportion of GDP. The rupee has been remarkably stable. And “core” inflation, which excludes food and fuel prices, has eased to 3.3% year-on-year. But it is still government actions that are pushing growth up or down, rather than the choices made by India’s private sector

India’s AI regulators need scalpels, not hammers

BUSINESS

India’s AI regulators need scalpels, not hammers

India hosts a vibrant ecosystem of infotech companies, ranging from scrappy start-ups to continent-spanning behemoths. All of them were blindsided a few days ago by a government advisory decreeing that companies would need official permission to deploy any AI models on the “Indian” internet

India’s ‘No’ at WTO may just mean ‘Not Yet’

BUSINESS

India’s ‘No’ at WTO may just mean ‘Not Yet’

From the outside, it’s easy to think of India as an undifferentiated mass of individuals with leaders who turn up in places such as Abu Dhabi to reject everything the rest of the world suggests. But this is the world’s most complex democracy, and sometimes we just have to wait while it fights its internal battles over policy that affects the rest of the world

Has Pakistan’s military finally lost its mystique?

WORLD

Has Pakistan’s military finally lost its mystique?

In saying that it is the generals who have thwarted Pakistan’s aspirations for decades, Khan has touched — if unreflectively and cynically — upon a previously unspeakable truth. The unexpected resonance of that assertion has lifted his party above its rivals — and cast nuclear-armed Pakistan into deeply unsettling political territory

The Facebook I knew should not have left Harvard

TRENDS

The Facebook I knew should not have left Harvard

Even 20 years ago, Facebook’s fatal flaws should have been obvious from our Harvard dorm rooms.

Pakistan needs to get past 'Lock Him Up' politics

WORLD

Pakistan needs to get past 'Lock Him Up' politics

Pakistan cannot afford to let political jostling hold up essential economic reforms. The winners and losers should at least find tacit agreement on a minimum reform program which could be launched, perhaps, by an apolitical finance minister

Iran's proxies aren't just a problem for its enemies

WORLD

Iran's proxies aren't just a problem for its enemies

Those who live by the militant’s sword, however, die by it, too. Imperial powers that grow dependent on non-state armed groups tend to end up fighting them, or organizations very much like them. The Americans found that out in Afghanistan

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