MACRO ECONOMIC NEWS

Macro Economic News 23 Nov 2016

 

FINANCIAL TIMES

[I]  Freewheeling Trump creates friction on both sides

[I]  AI academic warns on brain drain to tech groups

[I]  North Pole temperature rise increases climate fears

[I]  China takes UN peacekeeping lead as US role wanes

[I]  Trump’s transition is tangled up in business ties

[I]  Brexit Britain faces threat of higher EU barriers

[I]  Cyprus reunification talks hit a roadblock

[I]  Retailers look to artificial intelligence to bag sales

[I]  Trump vows to renounce Pacific trade deal on first day in office

 

BLOOMBERG 

[I]  Plunging Lira Triggers Bets Turkey Will Reverse Course on Rates

[I]  Asia’s Worst Currency Slump Takes Malaysian Rate Cut Off Table

[I]  Washington Won't Have Last Word on Climate Change

[I]  Thai Junta Flip-Flop on Populism Too Late for Suffering Farmers

[I]  Economics Will Keep Wind and Solar Energy Thriving Under Trump

[I]  Macau Snaps 2-Year Economic Contraction Amid Gaming Revenue Recovery

[I]  IMF’s Lipton Says China Should Make Exchange Rate More Flexible

 

BUSINESS LINE

[I]  Pluses from demonetisation not enough to shore up banks: Fitch

[I]  RBI directs banks to ensure cash to district coop banks, RRBs

[I]  Crop yields in India lower than in US, Europe, China: Minister

[I]  EEPC report calls for more trade pacts with Latin America

[I]  Pact with Switzerland on info exchange

[I]  A big blow for troubled realty sector

[I]  SEBI board meets today to discuss corporate governance

[I]  Local service providers, shopkeepers go for the ‘swipe’ to keep the business running

 

ECONOMIC TIMES

[I]  India sees biggest foreign fund outflow among emerging markets after Trump election

[I]  Domestic stocks see sharpest drop in inflow from UK investors since Brexit

[I]  Gold business down 75% despite fall in prices

[I]  Companies adopting initiatives to promote healthy workplace

[I]  CSR: 4,195 companies spend nothing; show cause notices to 496 firms

[I]  Banks' retail focus boosts share of personal loans to 19% in June: RBI

[I]  Indian wealth falls 0.8% to USD 3 trn in 2016: Credit Suisse

[I]  Demonetisation to pull down GDP growth: Montek Singh Ahluwalia

[I]  RBI doubles Prepaid Payment Instruments limit to Rs 20,000

[I]  Without new steps demonetisation unlikely to be beneficial, says a leading global economist

[I]  More relaxations for farmers on anvil: FM Jaitley

[I]  Japan on mission mode to expand its economic presence in India

 

BUSINESS STANDARD

[I]  About 80 items likely on GST exemption list

[I]  FMCG sales growth declines further in September quarter

[I]  India's PC shipments for Q3 see 22.5% YoY drop

[I]  Currency purge beginning of long battle against black money: PM

[I]  Maintain adequate cash to support rabi crops: RBI to banks

[I]  Agriculture minister says sowing not hit by note ban

[I]  Further demonetisation relaxation likely for farm sector, weddings

[I]  Banks park a record Rs 4.32 lakh crore with RBI

[I]  Climate Policy Initiative reveals green financing tools for India

 

 

Best Regards, ARBIND