MACRO ECONOMIC NEWS

Macro Economic News 28 Nov 2014

 

 

FINANCIAL TIMES (INTERNATIONAL EDITION)

[I]  Oil falls as Opec tests US shale industry 

[I]  SABMiller and Coca-Cola toast Africa deal 

[I]  India unlikely to appeal Vodafone tax win 

[I]  Europe’s QE front runners step up 

[I]  Draghi steps up push for economic union 

[I]  Australia joins crackdown on landlords 

[I]  Germany acts on Russia’s Balkan designs 

[I]  Germany’s far-left Linke party poised to govern 

[I]  Spain falls further into deflation territory 

[I]  Mugabe tightens his grip on power 

[I]  Euro-MPs eye action to break up Google 

[I]  Oil at 4-year low as Opec fails to agree 

[I]  European bond yields hit new lows 

[I]  Opec inaction hits oil producer currencies 

[I]  Indonesian bond yields at year-low 

[I]  Central banks not equals in investor love

 

BUSINESS LINE

[I]  RBI issues final norms for small, payment banks

[I]  Coal Ministry adds 18 more blocks to phase I allotment

[I]  Hyderabad Chem to sell 74% stake to Japanese agrochem maker

[I]  ‘No plan to dilute MGNREGA’

[I]  Direct selling sales up just 4.3%; policy uncertainty blamed

[I]  ‘Exempt customs duty on bunker fuel for longer period’

[I]  Accenture sees renewables as the new sunrise business

[I]  Maruti aiming to sell 2 million cars a year by 2020; expects 10% growth this year

[I]  Essar Steel commissions pellet plant in Odisha

[I]  Food delivery firm Foodys eyes a bigger spread

[I]  MMV inks agreement with Cipla, Strides on anti-malarial

[I]  Walmart bets big on AP, Telangana States

[I]  Ban on 15-year-old vehicles in NCR not to hit second-hand market

[I]  Bombay High Court asks for probe into round tripping

[I]  DLF allowed to deposit Rs. 100-cr fine

[I]  Need to respect tax treaties, Govt to tell SIT

[I]  Railways to raise charges for container movement by 25-41%

[I]  In boost for travel sector, Govt launches e-visa facility for tourists from 43 countries

[I]  Centre, States will negotiate on broad contours of GST Bill early next month

[I]  NSEL-FTIL merger: Mumbai court orders status quo

[I]  SEBI puts on hold Essar Oil delisting proposal

[I]  Payment banks can accept deposits up to Rs. 1 lakh/customer

[I]  Small banks can lend to small businesses

[I]  A dampener for telecom companies with 100% FDI

 

ECONOMIC TIMES

[I]  Freedom from red tape: Starting biz to become easier by April

[I]  Never talked about bringing black money in 100 days: Government

[I]  Tea prices may rise in India as output likely to decline

[I]  RBI issues differentiated licensing; invites applications from potential candidates

[I]  North-east trade potential as high as Rs 1.8 lakh crore: Report

[I]  India moving towards tax friendly regime: Finance Minister Arun Jaitley

[I]  15% budget cut suggested for some ministries

[I]  India gets a taste of exotic dragon fruit, at lower rate; imports up 20 times

[I]  WTO impasse over, India's food security concerns taken on board

 

BUSINESS STANDARD

[I]  RBI's payment bank norms to deepen financial inclusion

[I]  WTO Trade Facilitation pact, food security signed

[I]  UltraTech to raise $1.2 bn for Holcim asset buy

[I]  RIL partner Hardy Oil reviews D3 gas block operations

[I]  Avantha group will not exit Crompton Greaves

[I]  APTEL upholds Tata Power's distribution licence in Mumbai

[I]  Chivas, United Spirits get time to settle dispute over a trade mark

[I]  DLF deposits Rs 100 cr with Supreme Court

[I]  JSW Steel seems to have lost Italy's Lucchini

[I]  Hero MotoCorp's Haridwar factory shut for three days

[I]  SJVN to build Rs 7,000-cr hydro project in Nepal

[I]  Iron ore slurry pipeline to cut Essar's pellet output cost by 20% in Odisha

[I]  Idco seeks govt nod to sign MoU with IOCL

[I]  GDP growth: Today's Q2 numbers may disappoint

[I]  Rs 8,956-cr loss due to irregular spectrum allocation: Audit report

[I]  SAARC nations resolve to set up South Asian Economic Union

[I]  No taker for paddy in Chhattisgarh, farmers left in lurch

[I]  Bandhan to use SMS tech for rural banking

[I]  Is the recent disinflation cyclical or structural?

[I]  Euronet India may apply for payment bank licence

[I]  Analysts see status quo on Tuesday

 

FINANCIAL CHRONICLE

[I]  Historic trade facilitation deal struck at WTO after consensus on food security

[I]  Arun Jaitley’s budget short Rs 20k cr, for no fault of his

[I]  Tax relief beyond Dec to give a fillip to auto sector

[I]  Indian Oil planning Rs 20,000-crore petrochem complex in Odisha

[I]  Chivas, United Spirits may bury hatchet over Tribute trademark

[I]  Valuation-performance disconnect will make PE deals tough: Pawan Singh

[I]  Infosys outperforms TCS for first time in five years

[I]  Maharashtra co-op sugar mills in flux

[I]  Turmeric prices seen firming up on lower arrivals, good festive demand

[I]  Cotton corporation to step up MSP ops this season

[I]  Financial savings poised to take off now

[I]  Real Estate: A pact to take over hassles of property sale

[I]  Environment ministry mulls 3-tier forest cover for ecological restoration in coal mines

 

Best Regards

Arbind