MACRO ECONOMIC NEWS

Macro Economic News 23 Sep 2016
 

FINANCIAL TIMES

[I]  India and France in €8bn fighter jet deal

[I]  Draghi turns blame on bankers for their weak profits

[I]  Portugal faces renewed slowdown, warns IMF

[I]  Tax policies turn from austerity — OECD

[I]  ECB fears legal action will constrain QE

[I]  Fed caution helps bolster risk appetite

[I]  Argentina plans euro-denominated issue

 

BLOOMBERG 

[I]  Greenspan Warns Bond Rally Untenable as Bill Gross Says Go Long

[I]  Lowe Stamps Asset-Bubble Policy on RBA After 25 Years in Waiting

[I]  OPEC Under Pressure to Act in Algiers as Oil Surplus Triples

[I]  Japan Warns of Currency Intervention

[I]  Beware the Chinese Property Companies That Look Like Shadow Banks

[I]  China Said to Allow Default Swap Trade in 1st as Bad Debts Rise

[I]  Buy, Hold & Lose: How a Commodities Roll Undercuts Investors

[I]  Chinese Shipper Seeking Revamp Said to Ask Banks to Join Loan

 

BUSINESS LINE

[I]  TRAI seeks views on infra sharing in broadcast distribution services

[I]  PCs, cellphones come under attack from ransomware

[I]  Investors eyeing stake in Rs. 24,500-cr highway projects, says Ind-Ra

[I]  Domestic crude oil, natural gas production declines in August

[I]  ‘Need to perfect funding model to bridge infra deficit’

[I]  Start-ups will continue to disrupt traditional businesses, say investors

[I]  April-Aug cashew exports down 39%

[I]  Manufacturing slowing in September, reveals SBI Composite Index

 

ECONOMIC TIMES

[I]  Sebi may allow FPIs to directly trade in capital markets

[I]  Worried about defaults, Sebi wants rating agencies to make full disclosure

[I]  Prices of pulses up 20% ahead of festive season

[I]  Government permits NHAI, PFC, others to raise Rs 31,300 crore via bonds

[I]  Yield targeting an innovative move but legal can of worms for ECB

[I]  Fifth tranche of Sovereign Gold Bond expected to cross Rs 820 crore

[I]  India, US Export-Import Bank in talks on $8-9 billion nuclear loan

[I]  With Rs 21,000 crore in its bag, government confident of hitting divestment target this year

[I]  Current account deficit likely to be at 0.4% in FY'17: Nomura

[I]  India Inc's external borrowing jumps 4-fold to $3.17 billion

 

BUSINESS STANDARD

[I]  Govt appoints 3 academics to monetary policy panel

[I]  Consensus eludes GST threshold

[I]  RE certificates may be junked

[I]  Paris environment pact closer to coming into force

[I]  Sitharaman: 12 states on track to improve ease of doing biz

[I]  Govt announces additional incentives to exporters, widens MEIS ambit

[I]  Govt tells banks to focus on cash recovery

[I]  India, China to jointly promote tea production & consumption

[I]  Monsoon to resume withdrawal from next week

 

 
Best Regards, ARBIND