MACRO ECONOMIC NEWS

Macro Economic News 02 Nov 2016

 

FINANCIAL TIMES

[I]  Financial markets jolted as US polls tighten

[I]  Debut of China’s J-20 stealth jet wows enthusiasts

[I]  Shell and BP warn against strong oil price rebound

[I]  China and Malaysia sign naval co-operation deal

[I]  Yellen clings to caution in face of growth

[I]  Ethiopia PM reshuffles cabinet after protests

[I]  Kuroda admits BoJ will not reach inflation target

[I]  French markets watchdog fears UK conflict of interest

[I]  Why central banks need friction in their models

 

BLOOMBERG 

[I]  Yen Near Three-Month Low After BOJ Stands Pat, Delays Price Goal

[I]  Aussie Surge May Signal Good Times for the Global Economy

[I]  Bets Are Off for Future RBA Rate Cuts, But Keep One Eye on China

[I]  Cashew Prices Are About to Go Nuts

[I]  China Is Losing Its Emerging Markets Growth Engine

[I]  Fastest-Growing China Provinces Can’t Quit Investment Addiction

[I]  China Seeks to Export Power Amid Signs It Built Too Many Plants

 

BUSINESS LINE

[I]  SEBI asks rating agencies for greater disclosures

[I]  TRAI plans common interconnection framework for broadcasting sector

[I]  Experts to discuss sustainable 100% electrification of Railways

[I]  User industry urges Govt to set up Cotton Board

[I]  Tea exports on the rise this year

[I]  Banks’ non-food credit up 3.2% in first half

[I]  Banking infra being mapped to expand direct benefit transfer

 

ECONOMIC TIMES

[I]  US consumer spending increases steadily, inflation continues to gain

[I]  Cabinet may hike rabi pulses minimum support price by up to Rs 600/quintal

[I]  Will face any challenge to protect farmers' interests: Balyan

[I]  No immediate plans to further cut import duty on wheat: Government

[I]  India mulls new formula of duty cuts to curb trade deficit with China

[I]  Dharmendra Pradhan asks banks to increase credit under Mudra Scheme

[I]  India-Japan amended tax treaty comes into force

[I]  Hike GST rate by 1-2%, do not levy cess: Assocham to FM

[I]  Government talks of more conducive telecom policy, spectrum reform

[I]  Government plans second phase of telecom sector reforms

[I]  MNREGA facing fund crunch

 

BUSINESS STANDARD

[I]  Premium smartphone shipments down 60 % in third quarter

[I]  FMCG companies feel slowdown heat

[I]  India bounces back on Nielsen consumer index

[I]  Small blocks keep investors from mine bids

[I]  Manufacturing PMI hits 22-month high in October

[I]  Economy to gain momentum in second half of FY17: Assocham

[I]  Commerce ministry begins review of foreign trade policy

[I]  Govt mulls platform for user feedback on call drops

[I]  Govt confident on fiscal deficit target

[I]  Economics of distribution in M&E has dramatically changed: John Rose

 

 

Best Regards, ARBIND