Macro Economic News 29 Nov 2014
 

 

FINANCIAL TIMES (INTERNATIONAL EDITION)

[I]  Oil falls as Opec tests US shale industry 

[I]  SABMiller and Coca-Cola toast Africa deal 

[I]  Germany acts on Russia’s Balkan designs 

[I]  Mugabe tightens his grip on power 

[I]  Mexico outlines police and justice reforms 

[I]  Microbreweries shake up European market 

[I]  Relief in EU at Cameron immigration plan 

[I]  James Watson to sell Nobel Prize medal 

[I]  China deposit insurance set for launch 

[I]  Brussels warns France over budget 

[I]  India’s economic growth slows 

[I]  Cheap oil brings mixed blessings to Asia

 

BUSINESS LINE

[I]  Double-whammy: GDP growth slows to 5.3% in Q2; deficit zooms

[I]  CAG raps Centre on poor implementation of hydrocarbons, DTH, SEZ policies

[I]  Rakesh Jhunjhunwala picks up 1.4% in SpiceJet for Rs. 13.4 cr

[I]  Gold imports eased, Centre withdraws 20:80 scheme

[I]  HIV/AIDS Bill: time to push the anti-discrimination button

[I]  The mental health of your child is no longer a soft issue

[I]  WTO deal vindicates India’s stand on food security, says Sitharaman

[I]  Efforts on to reduce India’s reliance on imported defence equipment: Parrikar

[I]  Lok Sabha passes Labour Bill to free small units from filing returns

[I]  Fiscal deficit: Weak tax collection may push Govt to cut spending

[I]  Bisleri hoping energy drink Urzza will fizz up next year

[I]  Jharkhand not to allow iron ore movement from SAIL’s Gua mine

[I]  DoT seeks Attorney-General’s opinion on Airtel’s broadband licence merger

[I]  Developers ‘misusing SEZ policy’

[I]  Nov 30 Swiss vote may hold key to gold prices

[I]  Mauritius signs $16-m contract for HAL’s Dornier aircraft

[I]  ‘Small-cap valuations have run up too much’

 

 

ECONOMIC TIMES

[I]  Payments banks: RBI rules makes it a tough call for telcos

[I]  OPEC move to hold output augurs well for India | OPEC vs Shale: The big debate

[I]  CVC withdraws circular; life to be tougher for whistleblowers now

[I]  Land acquisition bill unlikely in winter session

[I]  Kerala sees boom in brews, drugs, spurious Ayurveda

[I]  Russia wants to make aircraft in India

[I]  China wants to push 'sunset' industries to India

[I]  Wheat acreage up by 1.5 per cent so far this Rabi season

[I]  Potato, onion prices ruled high in only 3-4 centres: Govt

[I]  North East to be developed as new 'spice destination'

[I]  Forex reserves down by $672.4 million to $314.87 billion

[I]  Bank credit grows 11% in November: RBI

[I]  700 companies under RBI lens for non-payment of investor money

[I]  Government had Rs 17,728 crore outstanding loans from RBI

[I]  Fiscal deficit touches 89.6% of Budget target for full financial year

 

BUSINESS STANDARD

[I]  Centre may cut stake in public sector banks to 52%

[I]  CAG panel allows RIL to recover extra cost on KG-D6

[I]  Jet Airways to switch to single full service model from Monday

[I]  SC directs Sahara to show escrow account agreement to SEBI

[I]  Land acquisition, environmental clearances hitting Neyveli expansion

[I]  Odisha hopeful on future of Posco project

[I]  Neeti Aayog to replace Planning Commission

[I]  Farm sector growth slows on poor monsoon

[I]  Fin Min rejects tax breaks for SEZs

[I]  Indian power exchanges expect volume to grow due to SAARC energy co-operation deal

[I]  Rupee weakens to 9 month low; bond yields lowest in 16 months

[I]  Banks in Odisha achieve 28 % of annual credit plan

 

MINT

[I]  United Spirits fails to get shareholder approval for Diageo licensing deal

[I]  SC stays HC order on auction of land allotted to DLF

[I]  SC notice to DoT on Vodafone’s licence extension plea

[I]  The dollar gained against commodity currencies and the yen, as gold fell

[I]  Sebi fines six merchant banks for disclosure lapses in CARE IPO

[I]  Rate-sensitive stocks jump ahead of RBI policy next week

[I]  Sebi may ask profitable firms to pay dividend to shareholders

 

FINANCIAL EXPRESS

[I]  RBI eases gold imports, scraps 80:20 scheme

[I]  BSE in top-10 league at Rs 100 lakh cr m-cap

[I]  ADB extends $100 mn loan to boost employability in Kerala

[I]  Low ATF prices a favourable brent in road for carriers

 

Best Regards

Arbind

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