MACRO ECONOMIC NEWS

Macro Economic News 03 Dec 2016

 

FINANCIAL TIMES

[I]  Renzi pleads for support ahead of Italy’s referendum

[I]  Trump team looks at non-nuclear sanctions on Iran

[I]  US jobless rate falls to lowest level since crisis

[I]  US banks regulator seeks to oversee fintech groups

[I]  German car industry predicts weak UK sales

[I]  Bond rout intensifies as oil surges

[I]  China slaps extra tax on super-luxury cars

[I]  Italy’s Generation X fed up with gerontocracy

[I]  China capital curbs sow doubt over renminbi aims

 

BLOOMBERG 

[I]  OPEC Confounds Skeptics, Agrees to First Oil Cuts in 8 Years

[I]  Payrolls in U.S. Rise; Jobless Rate Falls to 4.6%

[I]  China's Central Bank Is Facing a Major New Headache

[I]  Saudi Central Bank Systems Struck by Iran Malware

[I]  China's Spending Spree Is Making the World Nervous

[I]  Reserve Bank Of India Tightens Noose Around Large Corporate Borrowers

 

BUSINESS LINE

[I]  Renewable energy firms seek compensation for backing down

[I]  Credit freeze leaves farmers in the cold

[I]  Rabi sowing picking up pace despite demonetisation woes

[I]  Sugar output up 17% till end Nov

[I]  IMD sounds alert on fresh depression in Bay of Bengal

[I]  To absorb excess liquidity, RBI ups ceiling under MSS to Rs. 6 lakh crore

[I]  Only 35,000 ATMs functional, no adequate cash: AIBOA

[I]  Most of $26-b FCNR(B) deposits raised by banks redeemed

 

ECONOMIC TIMES

[I]  Rabi planting increases 27% in a week

[I]  Paddy procurement in full swing in Punjab, Haryana

[I]  78 companies vanish after raising funds; Gujarat leads with 17 such firms

[I]  Automation will make 20 crore young Indians jobless in next 9 years, warns Mohandas Pai

[I]  Boards of Indian companies less effective than global peers: Russell Reynolds

[I]  India Ratings lowers GDP forecast to 6.8% post demonetisation

[I]  India projected to grow 7.6 per cent in 2017: UN report

[I]  Demonetisation unusual, gains not clear: Nobel winner Paul Krugman

 

BUSINESS STANDARD

[I]  GST on a knife-edge as states act tough

[I]  Demonetisation: Cash crunch cripples commercial vehicle sales

[I]  Rabi acreage 8.54% more than 2015

[I]  Cash crunch punch for retail; manufacturing runs on hope

[I]  Gap in wholesale and retail vegetable prices widens on cash shortage

[I]  Constitutional compulsion to roll out GST from September: Arun Jaitley

[I]  Corporate credit slows further on note ban

 

Best Regards, ARBIND