MACRO ECONOMIC NEWS

Macro Economic News 09 Dec 2014

 

FINANCIAL TIMES (INTERNATIONAL EDITION)

[I]  Oil and dollar hammer emerging markets 

[I]  France warns Germany to watch its words 

[I]  BP fails in Supreme Court gulf appeal 

[I]  Uber banned in New Delhi 

[I]  Wobbling equities fail to sway economists 

[I]  Japan recession worse than feared 

[I]  Chinese imports fall as demand slides 

[I]  Modi struggles in first big reform battle 

[I]  Spain’s lauded transition under fire

 

BLOOMBERG (Online)

[I]  Oil’s Slump Puts Canada Aquistions Streak on Ice .

[I]  BOJ Buys Japanese Stock ETFs in Rising Market for First Time

[I]  Iron Ore Cut by JPMorgan on Glut as Producers’ Shares Tumble

[I]  Indian Current-Account Gap Widens to Largest in a Year: Economy

[I]  Oil Drops as Deeper OPEC Discounts Signal Fight for Market Share

[I]  Asia Stocks Slip With Aussie on Oil; China Rates Advance

[I]  Australian Business Confidence at 16-Month Low as Rate Cuts Seen

[I]  Oil Rout a Distant Dream for European Drivers: Chart of the Day

[I]  Polish Rift Over Easing Widens as Bratkowski Scolds Rate Setters

[I]  Samaras Risks Snap Elections With December President Vote

 

BUSINESS LINE

[I]  Infosys founders sell stake worth $1.1 billion; shares fall 4.88%

[I]  Coming soon, seamless Net connection for mobile users

[I]  No provision for CST compensation to States in additional expenses proposals

[I]  In Q2, current account deficit rises to 2.1% of GDP

[I]  From April 1, Central PSUs to make 20% of purchases from small units

[I]  Coal Ministry proposes minimum floor price of Rs. 150/tonne for blocks to be auctioned

[I]  Refining capacity to touch 307 mt by 2016-17

[I]  Composite foreign investment cap of 49%?

[I]  Brick-and-mortar stores to have online presence but with fair pricing

 

ECONOMIC TIMES

[I]  Sugarcane crops in Uttar Pradesh burnt by Haryana farmers

[I]  Finance ministry asks PSU banks to monitor companies’ fortunes; aims to prevent bad loans

[I]  Balance of payments narrows but remains in surplus for fourth year in a row

[I]  Q2 CAD widens to $10.1 billion; stands at 2.1% of GDP versus 1.2% YoY

[I]  Govt seeks Par nod for additional Rs 12,529 cr spending

[I]  Societe Generale pulls out of GVK’s Australian project

[I]  WTO issues mixed ruling in Indian challenge to US steel duties

[I]  Balance of trade not in India's favour: Commerce & Industry Minister Nirmala Sitharaman

[I]  Trade portal launched to better utilise free trade pacts

[I]  Switzerland expects to sign Free Trade Agreement with India soon

 

BUSINESS STANDARD

[I]  CCI gives nod to Sun-Ranbaxy Merger, asks to divest 7 drug assets

[I]  Infosys founders sell stake worth Rs 6,484 cr

[I]  DGCA might issue showcause notice for violating directions

[I]  Demolish DLF apartment complex, Kerala High Court tells govt

[I]  Cricketing merchandise orders may see a dip during World Cup

[I]  M&M to launch air-conditioned variants of its Arjun Novo tractor by March

 

MINT

[I]  Satyam case: Ramalinga Raju, two others get six months in jail

[I]  WTO issues mixed ruling in Indian challenge to US steel duties

[I]  Our business model in India will be advertising supported: Arianna Huffington

[I]  Procurement from MSEs made mandatory for central PSUs

[I]  Cost of insuring Indian bonds in foreign markets sees sharp drop

 

Best Regard, ARBIND