MACRO ECONOMIC NEWS

Macro Economic News 26 Nov 2014

 

FINANCIAL TIMES

[I]  Oil nations fail to halt fall in crude 

[I]  Apple joins the one-company $700bn club 

[I]  Botín replaces CEO in Santander overhaul 

[I]  US growth rising – but don’t bet on it  

[I]  Consumers help push US growth to 3.9% 

[I]  Nigeria devalues currency as oil prices drop 

[I]  Republicans push for new Iran sanctions 

[I]  Bundesbank sounds alarm on corporate debt 

[I]  S Africa posts ‘disappointing’ Q3 growth 

[I]  Georgia urges west to decry Russia treaty 

[I]  Swiss vote on gold, immigration and taxes 

 

BUSINESS LINE

[I]  At $39.66 b, foreign portfolio flows at record high

[I]  Tobacco shares dive on move to stub loose cigarette sales

[I]  Financial Technologies sells entire stake in MCX-SX for Rs. 88 crore

[I]  Cetex Petrochemicals on Rs. 400-crore expansion drive

[I]  M&M moves to ‘one sourcing’ policy

[I]  GMR-led consortium emerges lowest bidder for eastern freight corridor project

[I]  News Corp invests $30 m in PropTiger

[I]  US trade rep Froman steers clear of commitment on visas, social security

[I]  Food security: WTO may advance deadline to Dec 2015

[I]  India can become $5 trillion economy in a decade: Jayant Sinha

[I]  SAIL to invest Rs. 1.50 lakh cr by 2026

[I]  Turning the tables: the online furniture market is growing

[I]  Steel Authority to reopen Jharkhand mine today

[I]  Airlines seek infrastructure status to help raise funds

[I]  Changes to Electricity Act will focus on renewable energy

 

ECONOMIC TIMES

[I]  Better banking can lower rates: RBI | Rate cut unlikely this year: Poll

[I]  Three merged depts likely to replace Planning Commission

[I]  Coal case: CBI asked why then PM wasn't questioned

[I]  No one knows how much black money is abroad: RBI

[I]  Select panel on insurance bill gets two more weeks

[I]  Black money issue to be discussed in Parl tomorrow

 

BUSINESS STANDARD

[I]  FTIL pacts with Jhunjhunwala, others to exit MCX-SX

[I]  CIL, ONGC disinvestment likely to be in 2 tranches

[I]  Govt moves to ban sale of loose cigarettes

[I]  Defaulting large borrowers are like freeloaders: Rajan

[I]  US economy grew at 3.9 percent rate in third quarter

[I]  PSU banks account for 90% of total bad loans in FY'14

[I]  Nirma eyes US-based soda ash assets of FMC Corp worth $1.5 billion

[I]  Current system protects large promoters: Rajan

[I]  Sugar stand-off in Karnataka: farmers demand state takeover of mills

[I]  PSBs may take hit of Rs 96k cr due to coal block cancellation

[I]  Sebi to tie up with Guj govt, police to address 'dabba trading' issue

[I]  Aurobindo to raise $ 350 million through issue of securities

 

MINT

[I]   RBI ready to give more flexibility in recasting distressed loans

[I]  Competition panel to rope in research professionals

[I]  PE investments cross $10 bn mark: Thornton

[I]  Insurance Bill: Select Committee given more time to submit report

[I]  ‘Kochi has the potential to beideal investment destination’

[I]  Industry welcomes SEBI move on new MF schemes

[I]  NSEL merger with FTIL after stakeholders’ suggestions: Arun Jaitley

[I]  US economy grew at 3.9% rate in Q3

[I]  GMR Infra gets Sebi nod for Rs1,500 crore rights issue

[I]  Bayer said to mull diabetes unit sale for up to $2.5 billion

[I]  India yet to decide on dates for key asset sales

[I]  Kotak Mahindra Bank’s general insurance venture gets RBI nod

 

FINANCIAL CHRONICLE

[I]  Ban on sale of loose cigarettes looms, ITC share price drops 5 per cent

[I]  BSE Sensex, NSE Nifty log biggest drop in nearly six weeks

[I]  ING Vysya buyout credit positive for Kotak: Report

[I]  Ashok Leyland sells 32 pct stake in Hinduja Tech

[I]  RCom may issue $-denominated notes to repay $255-m debt

[I]  India, China to sign feasibility study into Indian high-speed rail line

[I]  July-Sept GDP seen weak, FM likely to press RBI to cut

[I]  Cetex Petrochemicals plans to expand product portfolio

[I]  SSTL Q3 net loss narrows at Rs 437.9 crore

[I]  Ranbaxy’s Nexium pay-for-delay case to go on trial

 

Best Regards

Arbind