MACRO ECONOMIC NEWS

Macro Economic News 17 Aug 2016

 

FINANCIAL TIMES

[I]  Beijing approves Shenzhen-HK market tie-up

[I]  Cycling moves up a gear in quest for speed

[I]  Inflation retreat clouds Fed rate outlook

[I]  Wealth division worries hit Old Mutual

[I]  BoE’s QE plan hits long-bond target

[I]  BIS voices fears over clearing houses
 

BLOOMBERG 

[I]  BOJ Firepower Fizzles as Currency Market Dares Japan to Act

[I]  Spain’s Bonds Outperform Peers as ECB Masks Domestic Crises

[I]  Singapore’s Export Decline Deepens Again; Local Dollar Falls

[I]  Emerging Assets Drop as Fed Rate Concern Knocks Rally Momentum

[I]  Australia Pay-Packets Stay Slim as Private Firms Keep Up Squeeze

[I]  Treasuries Stumble as Fed Odds Above 50% First Time Since Brexit

[I]  Modi Sends Warning Shot to China, Pakistan on Territory

[I]  Big Banks Forego Patience as U.K. Ponders Brexit Deal

[I]  South Korea $487 Billion Pension Fund Seeks China, India Yields

[I]  BOJ Stimulus Should Focus on Wages Not Bonds, Ex-Official Says

 

BUSINESS LINE

[I]  State Finance Ministers to meet industry associations on GST

[I]  Pest attacks wreak havoc on coconut farms

[I]  Global black tea H1 output up 8.80%

[I]  Monsoon busy in North, stays subdued over Peninsula

[I]  An interest-free gold loan that’s catching the eye

[I]  Hope bankers will not exhibit irrational exuberance in lending: Raghuram Rajan

 

ECONOMIC TIMES

[I]  In Gujarat, dead cows are not mere carcasses but a Rs 1,200-crore business

[I]  Hedge funds continue to face redemption pressure despite stock rally

[I]  Sebi relaxation in debt mutual funds good for HFCs: Report

[I]  Need to raise farm sector's credit absorption capacity: RBI Deputy Governor SS Mundra

[I]  Indirect tax collection up 30 per cent in June quarter against last Financial Year

[I]  Food inflation to cool in August with prices of crops falling steeply amid good rains

[I]  Global Innovation Index: India moves up to 66th rank this year

[I]  With minuscule IIP weightage, rubber cables pull down growth numbers

[I]  WPI inflation hits 23-month high of 3.55 per cent in July

[I]  Government hikes electronic goods import limit for personal use

[I]  Medical industry needs stable environment: US-India Business Council

[I]  Raghuram Rajan calls for reducing government, regulatory oversight of PSBs

 

BUSINESS STANDARD

[I]  Rules falling in place for Gift City to take off: Ajay Pandey

[I]  Centre plans livestock insurance scheme on the lines of PM's Fasal Bima Yojana

[I]  Food inflation pushes up WPI inflation to 3.5%

[I]  Commerce min eases rules to promote exports

[I]  DoT clears Aadhaar-based KYC norms for telcos

[I]  Govt to bear transaction cost of payment via card

[I]  Growth of bad loans slows as recovery increases: RBI

[I]  FII ownership of firms up at 20%

[I]  Gold prices hit 33-month high

 

 

Best Regards, ARBIND