MACRO ECONOMIC NEWS

Macro Economic News 26 Nov 2016

 

FINANCIAL TIMES

[I]  Black Friday online sales set to hit $3bn record

[I]  Modi defends cash move amid India backlash

[I]  India’s supreme court bans firecrackers to combat pollution

[I]  Japan’s weak yen offers hope in war on deflation

[I]  China slams US military build-up in Asia

[I]  Mystery over seized Singapore army vehicles in HK

[I]  More than $5.1bn flows into US stock funds

 

BLOOMBERG 

[I]  Brexit May Take Decade So Give the Pound a Rest, Investors Say

[I]  Saudis Said to Quit Russia Talks as OPEC Deal No Closer

[I]  London Home Values Surpass 14 Times Earnings for First Time

[I]  China Cancels Mongolia Talks Indefinitely After Dalai Lama Visit

[I]  Singapore to Give Loans to Help Struggling Oil-Linked Companies

[I]  The Bank of Japan Can't Keep Stores From Cutting Prices

[I]  China About to Start $35 Billion of Silk Road Plan in Pakistan

[I]  India To Get Information On Swiss Bank Accounts From 2019

 

BUSINESS LINE

[I]  As businesses go cashless, digital players vie for market pie

[I]  Rabi sowing improves, but not uniformly

[I]  SEBI plans one resource person per district for investor education

[I]  Telecom sector speed-dials Delhi for hires: survey

[I]  Losing Rs. 100 cr a day, poultry sector cries ‘foul’

[I]  Flush with deposits, banks lend to RBI under reverse repo, invest in G-Secs

[I]  Overflowing currency chests, a huge burden for banks: trade union leader

[I]  For big steps in internet security, scientists turn to quantum physics

 

ECONOMIC TIMES

[I]  RBI allows oil bonds as collateral for liquidity operations

[I]  West Bengal CII urges corporates to work for inclusive growth of the state

[I]  Exports to see steady growth, exceed last year's figure: Nirmala Sitharaman

[I]  Roads ministry approves use of mobile wallets for toll collection

[I]  Liquidity issues to stay for three months: Arvind Panagariya

[I]  Ensure 100% cashless dealings within 15 days deadline: Ram Vilas Paswan

[I]  No proposal to restrict gold holding by individuals

[I]  Ultra low interest rate may spark overseas capital flight

[I]  Govt to launch campaign to open workers' bank a/cs tomorrow

[I]  Government has no plan to revise corporate governance norms: Arjun Ram Meghwal

[I]  NITI Aayog to identify all possible modes of digital payment across all sectors

 

BUSINESS STANDARD

[I]  Smartphone shipments may shrink 18% in Oct-Dec

[I]  Demonetisation: Unaccounted deposits to attract 50% tax

[I]  Rabi sowing: Acreage more than 2015, but sowing pace slows further

[I]  Central ministries, depts draw plans to go cashless after Modi's directive

[I]  RBI wades into currency pool, and swims rupee to safety

[I]  Pak stops permits for agri import from India

[I]  China gold premiums hit 3-year high on possible import ban

 

 

Best Regards, ARBIND