Friday, 2 December 2016
Macro Economic News 02 Dec 2016
FINANCIAL TIMES
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China slaps extra tax on super-luxury cars
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Brazil risks constitutional crisis over Petrobras bill
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China tightens curbs on gold and renminbi
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Eurozone unemployment rate back below 10%
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Vladimir Putin offers olive branch to the US
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Opec decision brings relief to US operators
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Real estate market outlook not as gloomy as feared
BLOOMBERG
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China Central Bank Faces New Headache as Cash Continues to Flow Out
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Chinese Pump Record Money Into Hong Kong Insurance Policies
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Global Bonds Suffer Worst Monthly Meltdown as $1.7 Trillion Lost
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Donald Trump: We Can’t Allow Jobs to Leave the U.S.
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China City Construction Pays Missed Bond Coupon After Default
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China Risks Stagnation, Ex-Goldman Dealmaker Says
BUSINESS LINE
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Cash crunch weighs on Nov manufacturing growth
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Salary rush drowns banks across the country; situation better in Mumbai
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Crisil cuts GDP forecast to 6.9% on note crunch
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Discovered small fields provide good entry point for many non-oil companies
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US space firms eye Indian skies for communication satellites
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RBI issues final guidelines on ‘large exposure’ of banks
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Economists, too, cut GDP growth forecasts
ECONOMIC TIMES
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Global bonds suffer worst monthly meltdown as $1.7 trillion lost
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India, China pose positive outlook for Asia Pacific in 2017: UN study
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India Inc's foreign borrowings at $1.47 billion in October
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Government gears up to facilitate Aadhar based financial transactions through mobile phone
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World-beater status at risk as India rebuts threat to GDP growth
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RBI caps group entity exposure limit for banks at 25%
BUSINESS STANDARD
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Auto sales ride past the potholes of currency purge
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Truck rentals skid 25-30% after currency purge
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Warmer winter likely; crops may be hit
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NITI Aayog to hold meeting with telcos for Aadhaar-enabled payments
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Bonanza for Mumbai: Ahead of BMC polls, Centre clears projects worth Rs 10,947 crore
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FinMin seeks to calm fears over rumoured tax on inherited jewellery
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Demonetisation took a toll on manufacturing sector growth in Nov: PMI
Best Regards, ARBIND
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