-
An analysis by Axis Capital has shown that April has seen positive returns on 12 occasions in the last 15 years, the most compared to any other month. On the other hand, February has been the bleakest in terms of monthly returns.
-
Axis Bank's Neelkanth Mishra has said that India remains relatively insulated from tariff changes, with the RBI's steps improving liquidity and supporting domestic demand, thereby minimizing the economic impact.
-
Neelkanth Mishra said that there has been a structural slowdown in India's economic growth, however, the economy can jump back to near 7% growth rate once headwinds subside.
-
In the next 10 years, India should have a goal of 8% GDP growth rate, says the UIDAI Chief.
-
Mishra on the rate cut front said that further rate cut is recommended due to tight liquidity conditions, but more liquidity measures are required
-
Mishra expects stocks prices to remain flat this year even as earnings will continue to growth
-
The markets are misinterpreting that there will be an overall consumption boost because of tax breaks; the consumption boost will only be in specific segment, says Neelkanth Mishra Chief Economist, Axis Bank
-
On the currency management front, Mishra pitched limited interventions from the RBI, pointing that the rupee has been very stable among peers, and added that he expects the currency to depreciate further to be at Rs 86.5 a dollar by end of FY26
-
Mishra is confident that the new RBI Governor Sanjay Malhotra is capable to maintain the benchmark set by the previous governor and expects him to tackle crisis in a similar way the earlier governor did if any emerges.
-
"As a Bihari, I must say, Bihar does need a lot more of national highways. You can't have India grow if UP and Bihar are lagging behind," said Neelkanth Mishra.
-
Despite concerns about reduced inflation indexation making real estate less attractive, Mishra does not foresee a significant decline in its appeal.
-
Some of sectors like defense and railways have stretched valuations
-
Although there was a temporary sell-off by Foreign Institutional Investors (FIIs) following the announcement, Mishra said that this will not have a lasting impact on market trends.
-
India’s GDP growth has been way stronger than expected in Q2 while India continues to be the fastest growing large economy in the world. India’s growth resilience, macro stability and strong domestic fund flows have ensured that Indian stock markets remained buoyant through 2023. As we get into 2024, the positive continues on expectations that the present administration will get re-elected in the upcoming General Elections and the Fed will start cut rates in the middle of year, triggering a fresh bout of buying by foreign funds. What could be risk-rewards in 2024? Neelkanth Mishra shares his take.
-
Mishra says India is still behind its pre-pandemic growth estimate roadmap, and more work needs to be done on the labour and capital expenditure front in order to achieve it.
-
Displaying the sheer depth and breadth of his knowledge, the PM talked about how different countries need to work together to combat inflation, the damage caused by fiscally irresponsible policies, how climate change is a shared global reality, the power of digital technology, and much more.
-
The chairperson and the members appointed under the Aadhaar Act hold office for a term of three years or up to the age of sixty-five years, whichever is earlier.
-
Known for his unique perspectives on economic policy and market strategy, Mishra has been an advisor to many government committees, and also been a member of the economic advisory council to the 15th finance commission.
-
Modern services are non-IT services, basically consulting jobs that are being done out of India or parts of consulting jobs being done out of India or engineering or high-end technical services.
-
The sharp rise in inflation was driven by higher prices for vegetables, with their index rising 38 percent month-on-month, resulting in a 6.7 percent sequential rise in Consumer Food Price Index and a 2.9 percent increase in the overall CPI.
-
Neelkanth Mishra, counted amongst the foremost experts of global economy, had left Credit Suisse to join Axis Bank in March. He is also a member of the PM Economic Advisory Council.
-
Financial savings a big positive, and with right credentials, India can grow at 8 percent annually, asserts the renowned economist
-
Mishra, who recently joined as the chief economist of Axis Bank, also remarked that the balance sheet of the backers applying for the chip subsidy needs to be strong as the semiconductors industry is "viciously cyclical."
-
Mishra is part of the Economic Advisory Council to the Prime Minister and has been advisor to several government committees.
-
Inflation in India is uncomfortably sticky. As of now it will be a closed call for RBI in its next MPC meet. It will be prudent to do one more rate hike for RBI. India should not prematurely stop rate hike and be surprised later.
