MACRO ECONOMIC NEWS

Macro Economic News 29 Sep 2016
 

FINANCIAL TIMES

[I]  Opec agrees to cut in oil output

[I]  Japan revamps GDP data over accuracy fears

[I]  Merkel chides Greece over handling of asylum

[I]  Trump focuses minds on climate deal

[I]  Draghi faces Bundestag wrath on ECB stance

[I]  South Sudan risks reigniting civil wart

[I]  US warns Russia on Syria after hospital attacks

[I]  Lagarde warns of ‘economic malpractice’

[I]  Abe must build on corporate sector reform

 

BLOOMBERG 

[I]  Germany’s Sub-Zero Bond Yields Hard to Resist Amid Banking Woes

[I]  China’s Big Ball of Money Isn’t Going Anywhere Near Stocks

[I]  China’s $5 Billion Health-Care Deal Spree Shows Global Ambitions

[I]  OPEC Agrees to First Oil Output Cut in Eight Years

[I]  Vietnam’s Economy Expands 6.4% in Third Quarter on Export Boom

[I]  Wave of Chinese Scrap Metal Growing Threat to Miners

[I]  China's Red-Hot Property Market Risks Missing Lessons From Japan's Crash

[I]  Japan's Wages Too Low and Corporate Cash Hoard Too High: IMF

[I]  Yuan Derivatives Trade Dries Up as Drop Swells Hedging Costs

[I]  China Adds Anti-Subsidy Duty to U.S. Distillers’ Grains Imports

[I]  Mid-Sized Chinese Bank Writes Off Almost $1 Billion of Assets

 

BUSINESS LINE

[I]  Govt begins cutting its PSU losses with strategic divestment, closure

[I]  Indian oil PSU bloc’s stake buy in Russian assets okayed

[I]  PSU shares buyback: Govt may get Rs. 17,000 cr by Oct

[I]  Approval for pact with Singapore on industrial property rights

[I]  BRICS nations plan to formalise labour, social security net

[I]  Indian IT industry likely to be worth $300 billion by 2022: Kris Gopalakrishnan

[I]  Centre looking at labour reforms in plantations

[I]  Sugar output seen lower at 234 lt in 2016-17 on dip in cane acreage

[I]  ‘Slowdown in inward remittances, a concern’

 

ECONOMIC TIMES

[I]  ISMA raises sugar output estimate for 2016-17 season to 233.7 lakh tonnes

[I]  Sexual harassment cases rise by 26% in Nifty 50 companies; Wipro, ICICI, Infosys top list

[I]  Black money declaration without PAN to be accepted

[I]  India-Nigeria pact to boost Infrastructre, Energy Sectors

[I]  FM Arun Jaitley upbeat on WEF rankings, says India will emerge big player

[I]  Bad loans, infrastructure, ICT hurdles hurt India's competitiveness: WEF

[I]  'India, Iran, Afghanistan keen on expediting pact on Chabahar'

[I]  India contemplates entering bilateral social security agreement with BRICS nations

[I]  India will not replace China as the motor of industrialization in near future: IEA

 

BUSINESS STANDARD

[I]  Modi govt's first strategic sale gets Cabinet nod

[I]  With inflation slowing, there is space for monetary easing: Arvind Subramanian

[I]  Sebi allows commodity exchanges to introduce options

[I]  I-T department collects Rs 15,000 cr

[I]  PSBs can't be run like driverless cars: RBI

[I]  RBI to rely more on liquidity than rates

[I]  Sharp price run in 2 months prompts 27 firms to split stocks

[I]  SAARC Summit set to be postponed

[I]  India ratifies Paris Agreement, but with caveats

[I]  Red lines drawn for global deal on emissions from aviation

 

Best Regards, ARBIND