MACRO ECONOMIC NEWS

Macro Economic News 08 Dec 2014

 

FINANCIAL TIMES (INTERNATIONAL EDITION)

[I]  BIS sounds alarm over resurgent dollar 

[I]  Climate talks cast cloud over energy majors 

[I]  UK financial watchdog to review soaring fines 

[I]  Nato seeks weapons to counter Russia’s information war 

[I]  Oil rout stresses urgency of climate deal 

[I]  Pentagon joins fight against malaria 

[I]  Israeli parties bid to oust Netanyahu 

[I]  Ageing Europe needs new blood

 

BLOOMBERG (Online)

[I]  China Trade Surplus Climbs to Record as Imports Drop on Oil

[I]  Manila Offices, Markets Shut as Storm Risks Heavy Rain

[I]  Baosteel Plans China’s First Public Exchangeable Bond

[I]  Oil Declines From 5-Year Low on Signs U.S. Taking Fight to OPEC

[I]  Dollar Gauge at Five-Year High as Kiwi, Aussie Weaken on China

[I]  Japan Stocks Swing as Yen Weakens, Recesssion Worsens

[I]  Copper in London Rebounds Before China Imports, Exports

[I]  China Bond Yield Falls Most in Two Weeks as Trade Disappoints

[I]  China’s Yuan Declines on Slowest Export Growth in Seven Months

[I]  Japan’s Recession Deepens as Election Looms for Abe: Economy

[I]  Australian Banks Need ‘Unquestionably Strong’ Capital

[I]  U.K. Households Can Weather Gradual Rate Increases, BOE Says

[I]  ECB Loans Seen as Underwhelming Banks to Stoke Draghi’s Resolve

 

BUSINESS LINE

[I]  We are here to stay, says SpiceJet COO Sanjiv Kapoor

[I]  Banks now borrow at floating rate

[I]  No plan to bring ‘general amnesty’ scheme for undeclared income: Jaitley

[I]  UK tech body to lobby SEBI for equity-based crowd-funding

[I]  Fertiliser industry demands decontrol

[I]  ‘No changes in Rail freight, fare structure till next Budget’

[I]  FICCI bats for GAAR deferment; fiscal relief for SEZ developers, units

[I]  Non-fundamental factors drag crude oil prices

 

ECONOMIC TIMES

[I]  Prime Minister Narendra Modi looks to Bihar for future of farming

[I]  Food Corporation of India invites bids to raise Rs 20,000 crore short-term loan

[I]  Government to consider 31 FDI proposals on December 16

[I]  Gold smuggle: Customs raise vigil as airport staff role emerge

[I]  CPI(M) demands stop to duty free import of jute sacks

 

BUSINESS STANDARD

[I]  SBI to take final call on $1 billion loan to Adani in 3 months

[I]  Infra consulting cos seek exemption from service tax

[I]  Sebi joins hands with RBI to check shady stock deals of NBFCs

[I]  Government to consider 31 FDI proposals on December 16

[I]  Currency ties key to dollar reserve hegemony: BIS study

[I]  Steel companies competitive enough to counter surge in imports: SAIL

[I]  Govt may revise power contracts to cut tariffs

[I]  Maruti bags its single largest Army deal for Gypsy SUV

[I]  States must have greater role in new Plan body: PM

[I]  Bhilai Steel Plant registers record output of plates, long rails in April-Nov period

[I]  Oil Min may dip into RIL incremental gas price hike revenue a/c

[I]  France, Germany suspend some GVK Biosciences' drug approvals over Indian data

 

MINT

[I]  Tata Steel is buying iron ore for first time in its history

[I]  EPF to consider equity investment proposal on Dec 19

[I]  Maharashtra Govt urged to set up ‘auto hub’ in Vidarbha

[I]  Ponzi schemes resurface as multi-state cooperative societies

[I]  Telecom Commission to take call on extended spectrum use by Airtel, Vodafone

[I]  Retail investors to get greater pie in next PSU divestment 

[I]  Power generation growth highest in five years

[I]  Funding, recapitalization have taken longer than expected: SpiceJet’s

[I]  Maruti defers seeking shareholders’ nod for Gujarat plant

[I]  RBI allows white label ATMs to accept international cards

[I]  Merck said in talks to buy Cubist for $7 billion: NYT report

[I]  India, Russia to hold talks on delayed FGFA project

 

FINANCIAL CHRONICLE

[I]  Sebi can withhold info on probe against RIL: CIC

[I]  Coal linkage not part of power plant sale: Coal ministry

[I]  ArcelorMittal chief Lakshmi Mittal drops down SA rich list

[I]  Sahara group to sell Mumbai, Jodhpur land parcels for Rs 1,251 cr

[I]  FIPB role shrinks amid easier FDI flows

[I]  India commits $2bn to partner power plants in Nepal, Bhutan

[I]  Continental ramps up capacity at India plant for new radial tyre

[I]  Ashapura plans to foray into retail business

[I]  Polaris plans to diversify beyond BFSI

 

Best Regard, ARBIND