Invited Talk — Fukuoka University
Fukuoka, Japan
I study empirical asset pricing, with a focus on emerging markets.
I am a Ph.D. student in Economics and MEXT Scholar at the Graduate School of Economics, The University of Osaka. My current work examines factor models and return anomalies in Indian equities.
My broader research interests are asset pricing, investor behaviour, emerging markets, and macro-finance.
Current
Recent & upcoming
Invited Talk — The University of Osaka
Osaka, Japan
34th Annual Conference of the Nippon Finance Association
Presenter & Discussant · Musashi University, Tokyo
Research
Working paper
The Explanatory Power of the Fama–French Five-Factor Model in the Indian Stock Market
Presented at the 34th Annual Conference of the Nippon Finance Association, 2026.
I test the Fama–French five-factor model in Indian equities over 2003–2024 using a broad NSE–BSE universe. The paper documents a persistent value penalty and evaluates model performance across alternative test assets.
Draft available on request.
Research interests
Asset Pricing · Investor Behaviour · Emerging Markets · Macro-Finance
More broadly, I am interested in how institutional features and market structure shape asset-pricing patterns in emerging equity markets.
Seminars & conferences
Selected presentations
2026
Fukuoka University
Invited Talk · Fukuoka, Japan · 06 Sep 2026
2026
The University of Osaka
Invited Talk · Osaka, Japan · 01 Aug 2026
2026
34th Annual Conference of the Nippon Finance Association
Presenter & Discussant · Musashi University, Tokyo · 28 Jun 2026
Presented “The Explanatory Power of the Fama–French Five-Factor Model in the Indian Stock Market.” Discussant for “Assessing the Importance of Macroeconomic Announcements.”
2025
KAS India Roundtable on Digitalisation and Financial Inclusion
Panel Speaker · Konrad-Adenauer-Stiftung · Berlin, Germany
Research & teaching
Experience
Research Assistant
ISER, The University of Osaka
May–Sep 2025
Built a village-level administrative survey panel with more than 600,000 observations; matched villages to SHRUG identifiers and developed reproducible Stata workflows.
Research Assistant
Prof. Dongya Koh · The University of Osaka
Aug–Nov 2024
Constructed a Gender Norms Index using World Values Survey waves and wrote reproducible analysis scripts in Stata and Python.
Research Associate
RAND Corporation (Contract) · V.V. Giri National Labour Institute
2021–2023
Contributed to administrative and actuarial research for India’s Ministry of Labour & Employment and prepared analytical inputs for international policy documentation.
Research Assistant
Prof. Ila Patnaik
2022–2023
Researched India’s fiscal policy and fiscal developments and supported manuscript drafting and editing.
Teaching
Tutor · The University of Osaka
Fall/Winter 2026–27Tutor · The University of Osaka
2024–25Teaching Assistant · Sophia College for Women
2017–18Affiliations
Nippon Finance Association · Member
2026–PresentAsset Market Analysis Workshop, Japan · Participant
2026–PresentWorld Economic Forum · Global Shaper
2023–PresentEducation & recognition
Education
Ph.D. in Economics
Graduate School of Economics, The University of Osaka
Master of Economics
Graduate School of Economics, The University of Osaka
B.A. in Economics
Sophia College, University of Mumbai
Awards & fellowships
MEXT Scholarship
2023–PresentGraduate Research Grant · The University of Osaka
2025, 2026Suman & Ramesh Tulsiani Scholarship
2018Additional training
IMF Regional Office for Asia and the Pacific
22nd Macroeconomist Training Program
CIEE, The University of Osaka
Intensive Japanese Course (IJ300)
Outside economics
I like working out, finding new music, and reading about history—especially food history and Egyptology. I also play the steel guitar and am slowly working toward a decent pull-up.
Music
Currently listening
Song of the month
August 2026
Contact
Get in touch
I am based in Osaka, Japan. Email is the best way to reach me for research discussions, seminar invitations, or working-paper requests.