MACRO ECONOMIC NEWS

Macro Economic News 05 Oct 2016
 

FINANCIAL TIMES

[I]  IMF lowers growth forecast for US and other advanced economies

[I]  Italy makes 50-year bond debut

[I]  India industry welcomes interest rate cut

[I]  Supreme Court tackles insider trading law

[I]  Property investment in first fall since 2009

[I]  Australia toughens up on errant bankers

[I]  Gold miners under pressure

[I]  Euro and Bund yields jump on ECB talk

[I]  Money market reform triggers $1tn exodus

[I]  European banks left out in the cold

[I]  UK slips below France in global economy table

 

BLOOMBERG 

[I]  Korean Won Drops With Ringgit as ECB Seen Winding Down Stimulus

[I]  Investors Piling Into Junk Bonds Could Be Overlooking Warning Signs

[I]  Chinese Buyers Returning to Hong Kong Housing, Wheelock Says

[I]  Hong Kong Home Sales Rise to 15-Month High as Demand Improves

[I]  Iran, OPEC’s Big Winner, Agrees on Landmark Oil Contract

[I]  Pound Drops to Lowest Since 1985 as Angst Builds Over Brexit

[I]  U.S. and China Discuss Choking Off North Korea Energy Trade

[I]  Australia’s Lowe Shows He’s No ‘Inflation Nutter’ in Debut Call

[I]  The Idea of BOJ Foreign-Debt Buying Just Won't Go Away

 

BUSINESS LINE

[I]  RBI delivers the cut that cheers

[I]  Petrol, diesel price hiked

[I]  IMF retains GDP forecast of 7.6% for India in FY17

[I]  India, Singapore to speed up CECA review to boost bilateral trade

[I]  Mutual fund assets hit another high at Rs. 16.11-lakh crore

[I]  Spectrum auction: no bids for 700 MHz; Govt rakes in Rs. 60,969 crore on Day 3

[I]  Operating norms for small finance banks this week

[I]  Bankers’ thumbs-up for easing stressed assets structuring norms

[I]  21% increase in flights during winter schedule

 

ECONOMIC TIMES

[I]  Banks not so quick to pass on rate cut gains: Urjit Patel

[I]  Looming threat! Automation risks 69 per cent jobs in India, says World Bank

[I]  PM's life policies for poor a flop, but prospects bright after revised rules

[I]  Sebi to reduce the listing timeline after an IPO to four days from six days

[I]  Will tackle NPAs in a way there's no lack of credit: Urjit Patel

[I]  Sebi asks govt to appoint woman director on its board

[I]  Centre softens on bad loans, asks PSBs to handhold top borrowers

[I]  30% of very poor children live in India: Unicef

[I]  Policy Review: RBI cuts rates to 6-Year low

[I]  Urjit Patel takes a u-turn as Guv; 4% inflation target on paper?

[I]  Weak global demand will drag down trade volumes: RBI's Urjit Patel

 

BUSINESS STANDARD

[I]  Over 60% spectrum remains unsold

[I]  PE investments down 63% in September quarter

[I]  IT biggies expect weaker Sept quarter

[I]  Centre, states to review progress of UDAY

[I]  IMF revises India's growth to 7.6% for FY17 and FY18

[I]  Supply-use table for GDP data

[I]  'Win-win outcomes' for Singapore and India

[I]  Rate cut could save India Inc Rs 6,300 crore in interest outgo

 

Best Regards, ARBIND