MACRO ECONOMIC NEWS

Macro Economic News 01 Dec 2014
 

 

FINANCIAL TIMES (INTERNATIONAL EDITION)

[I]  Pimco suffers $100bn in redemptions 

[I]  Cross-border capital back at 2011 levels 

[I]  Google overtakes Apple in US classroom 

[I]  US retail sales fall on long Black Friday 

[I]  Sexism still plagues fund management 

[I]  Gulf states join forces to combat jihadis 

[I]  Europe’s savers grapple with rate divide 

[I]  Swiss reject gold and immigration curbs 

[I]  Mystics distract India’s ministers

 

BUSINESS LINE

[I]  Rise and rise of direct plans; make up a third of MF assets

[I]  Coal block sale: Asset value, imported coal rate will not be factored into auction price

[I]  United Spirits fails to get shareholder nod to make/sell Diageo brands

[I]  SpiceJet may delay paying November salary by 1-3 days

[I]  Diesel consumption down 3% in October

[I]  IndiGo’s Q2 load factor dips below industry average

[I]  Profit, product launch next year: Suzlon’s Tanti

[I]  JSW to upgrade Vijayanagara plant

[I]  Sugar mills to restart operations

[I]  It’s the ideal time to come to India: BA chief

[I]  Stringent RBI norms hit asset reconstruction firms

[I]  Corporation Bank cuts branch size to boost profit

[I]  India Inc continues to draw Japanese investments

 

ECONOMIC TIMES

[I]  Mauritius emerging as largest FDI source, clocks $4 billion inflows

[I]  India may not heed calls for tariff cuts at Regional Comprehensive Economic Partnership meeting

[I]  Indo-US poultry case: India may challenge World Trade Organisation panel ruling

[I]  World health body WHO says Delhi’s air is the most polluted. Or, is it?

[I]  India's economic growth likely to be 5.6% in FY15: Citigroup

 

BUSINESS STANDARD

[I]  Bill replacing coal ordinance to be brought in Parliament

[I]  CAG keeps eagle eye Cairn, Reliance and ONGC

[I]  RBI eases rules for low-cost home loans

[I]  Mauritius emerging as largest FDI source, clocks $4 bn

[I]  JSW Steel plans Rs 2,000 crore iron ore pipeline

[I]  USL minority shareholders reject 9 proposals at EGM

[I]  Drop in oil prices changing risk profile of EMs

[I]  NSE to auction FII limits for Rs 3,161 cr govt debt

[I]  Petrol price cut by 91 paise/litre, diesel by 84 paise

[I]  CERC gives more time to FTIL for completing IEX stake sale

[I]  Bourses to maintain PAN database of all listed cos' promoters

[I]  Sebi asks Kolkata firm to refund Rs 595 cr with 15% interest

[I]  Dubai to invest $32 bn to build world's largest airport

 

MINT

[I]  From Dec 1, only registered analysts can give recommendations: SEBI

[I]  Hero MotoCorp plans to set up facilities in Brazil, Argentina

[I]  Top 7 Sensex companies add Rs. 47,365 cr in m-cap; SBI, Infosys shine

[I]  SAIL divests stake in Bokaro Jaypee Cement

[I]  Modi to inaugurate 727 MW ONGC power project

[I]  Bank officers union opposes govt plan to cut stake in state lenders

[I]  US keen for co-production, co-development in defence with India

[I]  CAG says govt shouldn’t pay RIL $395 mn towards cost recovery

[I]  Weak orders dim outlook for Siemens

[I]  Govt plans to cut stake in state lenders to raise $14.4 bn

 

FINANCIAL EXPRESS

[I]  Food Corporation of India has Rs 10,000 crore of phantom rice stocks

[I]  GST still not in place, states dismantle VAT

[I]  Turkmenistan’s reluctance to share output puts TAPI pipeline in limbo

[I]  In sixth round of RCEP talks, focus on liberalising trade, boosting investment

 

FINANCIAL CHRONICLE

[I]  Stake sale in Medanta Medicity by year-end: Punj Lloyd

[I]  Indian employees most engaged globally: Report

[I]  SAIL offloads full stake in Bokaro cement JV; gets Rs 235-cr

[I]  RBI may keep policy rate unchanged on Tuesday

[I]  NGT verdict: Over 29 lakh vehicles set to go off city roads

[I]  FCI has Rs 10,000 crore of phantom rice stocks

[I]  PSUs may have to buy 20 pc of requirements from MSMEs

[I]  Markets log new peaks as tumbling oil price lifts rate cut hopes

[I]  Govt to soon implement many FSLRC recommendations

[I]  SAIL, JSW, Tata Steel to have better year ahead: Moody's

 

Best Regards

Arbind