MACRO ECONOMIC NEWS

Macro Economic News 03 Dec 2014

 

FINANCIAL TIMES (INTERNATIONAL EDITION)

[I]  Anger as Russia scraps $50bn gas plan 

[I]  Israel’s governing coalition collapses 

[I]  Markets are unfazed by Japan’s downgrade 

[I]  Anti-EU Salvini rises in Italian politics 

[I]  ECB poised to dash bond-buying hopes 

[I]  India dashes business hopes for rates cut 

[I]  Iran accused of Gulf state hack attacks 

[I]  Business protests over Hollande policies 

[I]  Iraq and Kurds end dispute over oil 

[I]  OECD warns on global corruption 

[I]  Merkel faces Russia sanctions challenge

 

BLOOMBERG (Online)

[I]  China ETF Outflows Show Traders Losing Faith in Rally

[I]  Australia’s Economy Slows, Sending Currency to Four-Year Low

[I]  Kaisa Suspends Trading After Shares Plunge Most Since 2013

[I]  Japan Leads Asia Stocks Higher on U.S. Car Sales, Yen

[I]  Treasury Yields Extend Advance Versus G-7 Peers as Economy Grows

[I]  CyberAgent Said to Form Online Ad Tie-Up With T-Card Owner

[I]  Dollar Rises to 7-Year High Versus Yen as Aussie Slides on GDP

 

BUSINESS LINE

[I]  Rajan maintains status quo, but holds out rate-cut hope

[I]  Centre hikes excise duty on petrol, diesel

[I]  Housing.com hires 120 IITians to build tech platform

[I]  71% turnout in 2nd phase of J&K polls

[I]  Apollo to set up Rs. 400-cr medical college in Kolkata

[I]  United Bank of India names United Breweries a wilful defaulter

[I]  CCEA clears expansion of highway projects

[I]  JLR starts work on Brazil plant

[I]  RBI chief tells India Inc to think long term

 

ECONOMIC TIMES

[I]  We'll gain confidence in our models over time: Raghuram Rajan

[I]  Anil Kumar Sinha appointed as new CBI Director

[I]  Andhra Pradesh, Karnataka tobacco farmers seek non-discrimination, hold ‘Growers’ Day’ in Delhi

[I]  Disinvestment in PSBs in phased manner under consideration: FM Arun Jaitley

[I]  EU may lift ban on import of Indian mangoes this month

 

BUSINESS STANDARD

[I]  Deflation looms as Europe's economic bugbear

[I]  FM expects RBI to support revival of growth

[I]  PSU banks wrote off Rs 34K cr loan in FY '14: Sinha

[I]  Govt approves road projects in Odisha,U'khand, UP

[I]  Niche bank licences likely by Q1 of next fiscal

[I]  Oil blow looms: Russia warns of recession next year

[I]  Cabinet clears 14 changes to Companies Act

[I]  Lower oil prices will boost global economy: IMF Lagarde

[I]  Excise duty on petrol and diesel hiked by Rs 2.25 & Rs 1/litre

[I]  RBI to offer more than two licences for small, payments banks

[I]  HC grants injunction on properties of NSEL defaulter

 

MINT

[I]  Monetary policy: Economists see significant change in RBI stance

[I]  DHFL Pramerica keen to buy “strategic stake” in small banks, NBFCs: CEO

[I]  Canada to settle canola oil labelling issue with Centre

[I]  DoT comes around to auction spectrum at one go

[I]  Offer for sale: Retail investors get one more bidding option

[I]  NMDC pays 300% interim dividend

[I]  RBI indicates interest rate cut likely in early 2015

[I]  Govt and RBI are on the same side: Raghuram Rajan

[I]  Flipkart founders invest in electric vehicle start-up

[I]  Bharat Electronics riding high on defence orders

[I]  United Bank names Vijay Mallya’s UBHL as a wilful defaulter

[I]  JSW Steel puts West Bengal steel plant ‘on hold’

[I]  Cement prices slip on weak demand

 

FINANCIAL EXPRESS

[I]  More equity for banks in recast loans

[I]  SC allows Sahara Group to sell 4 assets for bail amount

[I]  Flipkart’s Bansals continue funding spree, invest $1 m in start-up Ather

[I]  Bajaj Auto’s November motorcycle sales down 6%

 

FINANCIAL CHRONICLE

[I]  DoT plans to auction 3G spectrum in Feb: Trai

[I]  RBI's Raghuram Rajan says govt will review gold import norms

[I]  SC allows Sahara Group to sell 4 assets for bail amount

[I]  State-run banks gain on likely bond profits post RBI policy review

[I]  RBI to allow banks more flexibility in debt recast

[I]  Inflation in India close to post financial crisis lows: Nomura

[I]  Disinvestment in PSBs in phased manner under consideration: FM

[I]  Banks may be allowed to up stake in troubled projects: Rajan

[I]  Russia open to tax sops for OVL’s Siberian blocks

 

Best Regard, ARBIND