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The Latest Breaking News from Neelkanth Mishra

Fuel, finance shocks already hitting global economy; India better placed but not insulated: Neelkanth Mishra

Higher fuel costs and tighter financial conditions are significantly affecting global demand and capital costs. India is comparatively better positioned than many developed markets, yet it remains vulnerable due to imported energy. The high dependence on crude oil and foreign capital poses risks for India's growth amid global economic pressures.…

The Economic Times · Oct 3

Indian economy growing faster than it looks? World Bank’s Neelkanth Mishra pushes back on doubts over 7.8% growth

High-frequency data reveals that India's economy is on an upward trajectory, exhibiting robust growth. An executive highlights vibrant vehicle sales and soaring credit demand. Additionally, corporate earnings show positive trends, with notable increases in capital expenditure. However, the nation is still on the path to fully recovering from the effects…

The Economic Times · Sep 7

‘I was shocked’: Neelkanth Mishra hits back at ‘egregiously wrong’ claims on India’s GDP growth

Economist Neelkanth Mishra defended India's GDP growth numbers against revision claims. He stated economic indicators point to a stronger economy with improving credit growth. Mishra highlighted personal vehicle dispatches and tax collections as real economic activity signs. He also noted robust construction indicators suggest strengthening private investment activity. However, weak…

The Economic Times · Sep 3

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India has to invest in deep tech capabilities, build globally competitive products: Neelkanth Mishra

Senior economist Neelkanth Mishra urged IIT Gandhinagar graduates to foster a domestic innovation ecosystem and invest in deep tech. He emphasized that India must develop globally competitive products across strategic sectors, rather than solely relying on foreign trends. Mishra encouraged the youth to embrace risk and technological excellence to build…

The Economic Times · Jun 20

India can win in AI deployment despite lagging in advanced chips: Neelkanth Mishra

India can create significant economic value by deploying artificial intelligence to solve real-world problems in healthcare, education, and banking. While behind in AI and chip manufacturing, the nation is making progress. Future plans aim for advanced chip production. Investment in research and deep technology is crucial for growth.

The Economic Times · Jun 7

India can grow over 8% despite oil shocks, crude impact overblown in narrative: World Bank exec

India's economy shows strong growth, defying fears of oil price shocks. Neelkanth Mishra, World Bank Executive Director, states India is well-positioned to handle higher oil prices. Domestic demand remains robust, with positive indicators in car sales and mall footfalls. India's refining capabilities offer a buffer, mitigating the impact of crude…

The Economic Times · Jun 7

India likely to outpace RBI growth forecasts, says World Bank's Neelkanth Mishra

India's economy is set for robust growth, exceeding Reserve Bank of India forecasts, World Bank Executive Director Neelkanth Mishra said. According to him, the economy is performing significantly better than official projections. He also supported RBI's decision to maintain interest rates.

The Economic Times · Jun 5

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Neelkanth Mishra appointed part-time Chairperson of UIDAI

The Centre has appointed Neelkanth Mishra, Chief Economist, Axis Bank and Head of Global Research, Axis Capital as part-time Chairperson of Unique Identification Authority of India. Read further on Dynamite News:

Dynamite News · Aug 22, 2023

Neelkanth Mishra quits Credit Suisse, set to join Axis Bank

MUMBAI: Neelkanth Mishra, co-head of Asia Pacific strategy at Credit Suisse Group AG, has resigned from the company and is set to join Mumbai-based Axis Bank Ltd, according to people familiar with the matter.

The Times of India · Mar 15, 2023

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