How does energy impact growth, inflation, and India’s economy?In this episode, we explore why energy is central to GDP growth and how it affects inflation. Neelkanth Mishra explains the role of fossil fuels, the pace of the energy transition, and India’s energy imports and pricing challenges.We also discuss what India must do to balance energy security, efficiency, and development.Watch the full episode for clear insights on energy and the economy.Speakers —Sameer Shetty: Group Executive - Digital Banking & Strategic Programs, Axis BankNeelkanth Mishra: Chief Economist, Axis Bank & Head of Global Research, Axis Capital🔔 Like, comment, and subscribe for more on global markets and macro trends.#EnergyTransition #EconomicGrowth #SustainableEnergy #EnergyEfficiency #Inflation #GlobalEconomy #CleanEnergy #EnergyPolicy #FossilFuels #ClimateAction #FutureOfEnergy #Macroeconomics #EnergyPodcast #GreenEnergy #CarbonEmissionsChapters:00:00 – Introduction & Energy’s Role in Economic Growth02:38 – Human Development: Cooking, Bricks, and Civilization04:25 – Energy Density and Productivity06:07 – Inflection Points: Energy and Civilization07:11 – Types of Energy & End Uses10:16 – The Global Energy Mix & Conversion Losses12:13 – Evolution of Energy Sources14:03 – Transition to Denser Energy: Coal, Oil, Engines16:59 – Renewable Adoption & Transition Challenges19:03 – Lifecycle Costs, Policy, and Global Lessons22:52 – Price Dynamics, China’s Solar Dominance29:14 – Nuclear Power & Geopolitics31:36 – Oil as a Macro Variable & India’s Import Dependence36:16 – Oil Prices, Inflation, and Economic Strategy44:50 – Volatility, Shale Revolution, and the Future53:06 – Summary, Energy Efficiency, and ClosingSUBSCRIBE TO US: https://www.youtube.com/@OpenDialogueByAxis Download Axis Bank App: https://play.google.com/store/apps/de...For more informative videos and discussion on important topics related to Banking, finance & economics:LinkedIn - https://in.linkedin.com/company/axis-bank Instagram - https://www.instagram.com/opendialoguebyaxisbankFacebook - https://www.facebook.com/axisbank/Twitter - https://x.com/AxisBankCopyright:©Axis Bank Limited [2025]. All rights reserved. This video and all other videos in this channel are protected by copyright law and may not be used or reproduced without the express written permission of the copyright owner.STATUTORY DISCLAIMER:By accessing this video podcast “Podcast”, I acknowledge that Axis Bank Limited and its subsidiaries ("AXIS BANK") makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, AXIS BANK does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. Moreover, AXIS BANK makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.AXIS BANK EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST INFORMATION PRESENTED IN THIS PODCAST

Is the U.S. economy heading into stagflation? And how will it impact global demand and India?In this episode, we break down the risks of US stagflation in 2025, the role of tariffs, and why a US slowdown affects the world. Neeraj Gambhir from Axis Bank explains how supply chain disruptions, interest rates, and global disinflation trends are shaping markets.We also discuss India’s supply chain opportunity amidst the US-China trade war and what it means for exports and growth.Watch the full conversation for clear insights on inflation, trade, and what to expect in 2025.Speakers-Sameer Shetty: Group Executive - Digital Banking & Strategic Programs, Axis BankNeeraj Gambhir: Group Executive - Treasury, Markets & Wholesale Banking Products, Axis Bank🔔 Like, comment, and subscribe for more on global markets and macro trends.#axisbank #opendialogue #stagflation #inflation #recession #federalreserve #economiccrisis #stockmarket #unemployment #interestrates #supplychain #tariffs #uschina #globaltradeChapters:1:06 - What is Stagflation & Why It Matters4:19 - Growth, Inflation & Unemployment Basics9:36 - Why Stagflation Is So Difficult to Handle14:05 - The 1970s US Stagflation Crisis Explained22:51 - How the US Fought Stagflation with Rate Hikes29:45 - Sticky Inflation & Its Long-Term Effects33:46 - Is Stagflation Coming Back Today?40:11 - Tariffs, Weak Dollar & Inflation Risks47:16 - Fed's Policy Dilemma: What Can They Do?52:49 - Global Impact: India & World if US Slows Down58:46 - Recap & Key Takeaways from This EpisodeSUBSCRIBE TO US: https://www.youtube.com/@OpenDialogueByAxis Download Axis Bank App: https://play.google.com/store/apps/de...For more informative videos and discussion on important topics related to Banking, finance & economics:LinkedIn - https://in.linkedin.com/company/axis-bank Instagram - https://www.instagram.com/opendialoguebyaxisbankFacebook - https://www.facebook.com/axisbank/Twitter - https://x.com/AxisBankCopyright:©Axis Bank Limited [2025]. All rights reserved. This video and all other videos in this channel are protected by copyright law and may not be used or reproduced without the express written permission of the copyright owner.STATUTORY DISCLAIMER:By accessing this video podcast “Podcast”, I acknowledge that Axis Bank Limited and its subsidiaries ("AXIS BANK") makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, AXIS BANK does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. Moreover, AXIS BANK makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.AXIS BANK EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST INFORMATION PRESENTED IN THIS PODCAST

Why is the U.S. raising tariffs—and what does it mean for India and global trade?From income inequality in the U.S. to the China+1 strategy, this episode breaks down how global trade is being reset. We explore the shift from multilateral to bilateral deals, the impact on the reserve currency, and what history—from the Triffin Dilemma to the Nixon Shock—can tell us.Watch the episode for clear insights on trade policies, debt, and India’s manufacturing opportunity.Speakers-Sameer Shetty: President & Head, Digital Business & Transformation, Axis BankNeelkanth Mishra: Chief Economist, Axis Bank & Head of Global Research, Axis Capital🔔 Like, comment, and subscribe for more on global markets and macro shifts.#GlobalEconomy #NeelkanthMishra #TradeWar #TariffImpact #ReserveCurrency #USChinaRelations #IndiaGrowthStory #EconomicInequality #ManufacturingJobs #BrettonWoods #ChinaPlusOneChapters:0:00 - Introduction3:30 - Understanding the problems the US is trying to solve, including inequality, current account deficit, and the multilateral order.15:00 - Recent tariff announcements and their implications for the US and global trade.25:00 - Examination of the political motivations behind the tariffs and the economic tools being used.35:00 - Analysis of how tariffs affect relationships with allies and trading partners, particularly China.45:00 - Understanding the Triffin dilemma and the historical context of the Nixon shock.55:00 - Unexpected reactions in the bond market and the implications of rising yields.1:10:00 - Speculation on future negotiations between the US and China1:25:00 - India’s position because of the shifting dynamics and the potential for increased exports.1:40:00 - Potential long-term implications for the global economySUBSCRIBE TO US: https://www.youtube.com/@OpenDialogueByAxis Download Axis Bank App: https://play.google.com/store/apps/de...For more informative videos and discussion on important topics related to Banking, finance & economics:LinkedIn - https://in.linkedin.com/company/axis-bank Instagram - https://www.instagram.com/opendialoguebyaxisbankFacebook - https://www.facebook.com/axisbank/Twitter - https://x.com/AxisBankCopyright:©Axis Bank Limited [2025]. All rights reserved. This video and all other videos in this channel are protected by copyright law and may not be used or reproduced without the express written permission of the copyright owner.STATUTORY DISCLAIMER:By accessing this video podcast “Podcast”, I acknowledge that Axis Bank Limited and its subsidiaries ("AXIS BANK") makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, AXIS BANK does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. Moreover, AXIS BANK makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.AXIS BANK EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST INFORMATION PRESENTED IN THIS PODCAST

Why is the Indian stock market correcting—and what should investors do next?From falling portfolio returns to stretched valuations, we break down the forces driving recent market volatility. How have small, mid, and large cap funds reacted? What role are FIIs, SIP flows, and global liquidity playing in the current cycle?We also explore why diversification and asset allocation matter more than ever in choppy markets—and what retail investors should expect from mutual funds going forward.Watch now for a data-backed take on market cycles, earnings trends, and what comes next for your investments.Speakers:Sameer Shetty: President & Head, Digital Business & Transformation, Axis BankAshish Gupta: Chief Investment Officer, Axis Mutual Fund🔔 Don’t forget to like, comment, and subscribe for more videos on market insights and investing trends.#StockMarket #Tariff #TariffImpact #EquityMarkets #StockMarketInvestor #PortfolioManagement #OrangeMonday #Nifty50 #MarketAnalysis #FinancialPlanning #EquityReturns #SIPInvestments #AxisMutualFund #AshishGuptaChapters:0:00 - Introduction 2:22 - Guest Intro & Market Choppiness 4:01 - F&O Market Regulation 7:18 - Equity Correction Begins 10:38 - Earnings Downgrades 14:00 - Liquidity Impact & Foreign Flows 17:02 - Double Whammy: Valuations + Growth 20:00 - Investor Myths & Lessons 24:31 - Diversification & Long-Term Strategy 30:53 - Valuations, Margins & Risks 38:35 - Global Trade & US Tariffs 49:42 - Uncertainty, Implications & ClosingSUBSCRIBE TO US: https://www.youtube.com/@OpenDialogueByAxis Download Axis Bank App: https://play.google.com/store/apps/de...For more informative videos and discussion on important topics related to Banking, finance & economics:LinkedIn - https://in.linkedin.com/company/axis-bank Instagram - https://www.instagram.com/opendialoguebyaxisbankFacebook - https://www.facebook.com/axisbank/Twitter - https://x.com/AxisBankCopyright:©Axis Bank Limited [2025]. All rights reserved. This video and all other videos in this channel are protected by copyright law and may not be used or reproduced without the express written permission of the copyright owner.STATUTORY DISCLAIMER:By accessing this video podcast “Podcast”, I acknowledge that Axis Bank Limited and its subsidiaries ("AXIS BANK") makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, AXIS BANK does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. Moreover, AXIS BANK makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.AXIS BANK EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST INFORMATION PRESENTED IN THIS PODCAST

How is the Indian consumer shaping the future of the economy?From the rise of the middle class to the impact of household debt, the Indian consumer is at the center of major economic shifts. With recent income tax changes in the budget and RBI interest rate cuts, how will these developments affect spending and growth?We also explore the role of private capex in driving India’s economic momentum.Watch now for insights on the Indian consumer and future growth.Speakers-Sameer Shetty: President & Head, Digital Business & Transformation, Axis BankNeelkanth Mishra: Chief Economist, Axis Bank & Head of Global Research, Axis CapitalDon’t forget to like, comment, and subscribe for more insights on Indian economy trends.#IndianConsumer #MiddleClassIndia #ConsumerTrends #Budget2025 #IncomeTaxIndia #EconomicInsights #NeelkanthMishra #IndiaEconomy #GDPGrowthChapters:0:45 - Overview of India's Economic Growth1:43 - The Indian Consumer: Key Questions and Context3:21 - Understanding the Average Indian Consumer6:42 - Income Levels and Consumption Patterns11:20 - Rural vs. Urban Divide in Consumption17:28 - Consumption Inequality Trends (2012-2023)25:55 - Investment vs. Consumption in GDP Growth33:50 - Challenges in Job Creation and Labor Market Dynamics40:45 - Household Debt, Savings, and Leverage Trends48:52 - Private Capex and Investment Cycle Revival52:01 - Impact of Budget 2025 on Consumption and Taxes1:02:19 - Monetary Policy Shifts and Credit Growth Prospects1:09:27 - Future of India's Middle Class and Discretionary Spending1:13:48 - Closing Remarks and Key TakeawaysSUBSCRIBE TO US: https://www.youtube.com/@OpenDialogueByAxis Download Axis Bank App: https://play.google.com/store/apps/de...For more informative videos and discussion on important topics related to Banking, finance & economics:LinkedIn - https://in.linkedin.com/company/axis-bank Instagram - https://www.instagram.com/opendialoguebyaxisbankFacebook - https://www.facebook.com/axisbank/Twitter - https://x.com/AxisBankCopyright:©Axis Bank Limited [2025]. All rights reserved. This video and all other videos in this channel are protected by copyright law and may not be used or reproduced without the express written permission of the copyright owner.STATUTORY DISCLAIMER:By accessing this video podcast “Podcast”, I acknowledge that Axis Bank Limited and its subsidiaries ("AXIS BANK") makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, AXIS BANK does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. Moreover, AXIS BANK makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.AXIS BANK EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST INFORMATION PRESENTED IN THIS PODCAST

Why are governments reviving industrial policy to shape economic growth?

Nations are using subsidies, tariffs, and incentives to boost key industries. This shift is changing global trade, investments, and supply chains.

How are countries implementing industrial policy? What impact will this have on India? This discussion breaks down the challenges and opportunities ahead.

Watch now for insights on industrial policy and its global impact.

Speakers-

Sameer Shetty: President & Head, Digital Business & Transformation, Axis Bank

Neelkanth Mishra: Chief Economist, Axis Bank & Head of Global Research, Axis Capital

Don’t forget to like, comment, and subscribe for more discussions on economic trends and global trade.

#AxisBank #OpenDialogue #IndustrialPolicy #EconomicGlobalization #MakeInIndia #SemiconductorChip #EVRevolution #ChinaTradePolicies #RenewableEnergy #EconomicPodcast

Gold has been a trusted asset for centuries. In this video, Ashish Gupta explores its role in today’s economy, why demand is rising, and what drives its price.We break down gold’s evolution as an asset, its popularity in India, and how it compares to other investments. Whether you’re an investor or just curious about gold’s value, this discussion offers key insights.Watch now to gain valuable insights into gold's past, present, and future! Don’t forget to like, comment, and subscribe for more financial discussions.Speakers:Sameer Shetty: President & Head, Digital Business & Transformation, Axis BankAshish Gupta: Chief Investment Officer, Axis Mutual FundChapters0:00 - Introduction3:05 - Historical Evolution of Gold 5:00 - Bretton Woods System & Gold Standard 12:20 - Demand Drivers of Gold: Jewelry & Central Banks 18:40 - Geopolitical Factors Affecting Central Bank Gold Reserves 25:15 - Gold Price Determinants: Rates, Inflation, Fear 32:50 - Gold vs Other Asset Classes (Equity, Real Estate)39:30 - Cryptocurrencies vs Gold as Store of Value 43:00 - Final Takeaways on Gold as an Asset Class#AxisBank #AxisBankOpenDialogue #EconomicInsights #OpenConversations #Gold #AssetSUBSCRIBE TO US: / @OpenDialogueByAxisDownload Axis Bank App: https://play.google.com/store/apps/de...For more informative videos and discussion on important topics related to Banking, finance & economics:LinkedIn - / axis-bank Instagram - / axisopendialogue Facebook - / axisbank Twitter - https://x.com/AxisBankCopyright:©Axis Bank Limited [2025]. All rights reserved. This video and all other videos in this channel are protected by copyright law and may not be used or reproduced without the express written permission of the copyright owner.STATUTORY DISCLAIMER:By accessing this video podcast “Podcast”, I acknowledge that Axis Bank Limited and its subsidiaries ("AXIS BANK") makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, AXIS BANK does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. Moreover, AXIS BANK makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.AXIS BANK EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST INFORMATION PRESENTED IN THIS PODCAST

Why is the Indian Rupee falling? The Rupee to USD exchange rate has seen a sharp decline, raising concerns about the impact of Rupee falling on the economy. In this episode of Open Dialogue, Neeraj Gambhir explains what’s driving this trend, from capital outflows and India’s trade deficit to how Rupee is holding up vs other global currencies.Watch now to understand the bigger picture and the long-term outlook for the rupee.🎙 Speakers:🔹 Sameer Shetty - President & Head, Digital Business & Transformation, Axis Bank🔹 Neeraj Gambhir - Group Executive - Treasury, Markets & Wholesale Banking Products, Axis BankChapters:0:00 - Overview of Rupee’s Recent Volatility after Prolonged Stability.2:30 - RBI’s Intervention Strategy to Stabilize the Rupee using Forex Reserves.6:00 - Impact of US economic resilience & High Interest Rates 11:30 - Transition from Aggressive Intervention to Gradual Depreciation.16:30 - Risks of Over Evaluation: Increased Reliance on Imports & Speculative Attacks.19:45 - Balancing Act: Avoiding Over/Undervaluation of Currency 23:00 - RBI’s Focus on Managing Volatility & Financial Stability28:30 - Rupee Depreciation: Reflection of Global Dollar Trends.SUBSCRIBE TO US: / @OpenDialogueByAxisDownload Axis Bank App: https://play.google.com/store/apps/de...For more informative videos and discussion on important topics related to Banking, finance & economics:LinkedIn - / axis-bank Instagram - / axisopendialogue Facebook - / axisbank Twitter - https://x.com/AxisBankCopyright:©Axis Bank Limited [2025]. All rights reserved. This video and all other videos in this channel are protected by copyright law and may not be used or reproduced without the express written permission of the copyright owner.STATUTORY DISCLAIMER:By accessing this video podcast “Podcast”, I acknowledge that Axis Bank Limited and its subsidiaries ("AXIS BANK") makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, AXIS BANK does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. Moreover, AXIS BANK makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.AXIS BANK EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST INFORMATION PRESENTED IN THIS PODCAST