MACRO ECONOMIC NEWS

Macro Economic News 17 Dec 2016

 

FINANCIAL TIMES

[I]  New Sky deal shows how media power has changed

[I]  US protests to Beijing after naval drone seized

[I]  China cedes status as largest US creditor to Japan

[I]  Japanese banks warn of Brexit moves from London

[I]  Obama vows to hit back at Russia over election hacks

[I]  Russia and Japan agree economic deal on disputed islands

[I]  Big leveraged buyouts in Europe suffer sharp drop

 

BLOOMBERG 

[I]  Republican Tax Reform Seen Shrinking Corporate Bond Market

[I]  China Plans Prudent, Neutral Monetary Policy for Next Year

[I]  Fed Raises Rates, Boosts Outlook for Borrowing Costs in 2017

[I]  Tracking Inflation in Venezuela, One Cup of Coffee at a Time

 

BUSINESS LINE

[I]  UP farmers forced to destroy vegetables

[I]  Chit fund industry seeks sub-5% GST rate

[I]  Pulses pull up Rabi sowing above last five-season’s average

[I]  India removes Cyprus from tax blacklist

[I]  Rising oil could derail economy next fiscal

[I]  Cash crunch hits sugar sales, ex-mill prices drop

[I]  Bankruptcy Board sets out the process for liquidation of companies

 

ECONOMIC TIMES

[I]  Rabi crop planting rises 10% in a week

[I]  Sugar output up 11% till December 15; sale hit due to demonetisation

[I]  Forex reserves down by $887.2 million to $362.987 billion

[I]  No estimation of black money either before or after November 8: FM Arun Jaitley

[I]  Demonetisation challenging for bankers, some good may flow out: Uday Kotak

[I]  Loans against property pose increasing risks: Moody's

[I]  Government expects high FDI inflow momentum to continue in 2017

[I]  Parliamentary Panel for cut in interest rates for exporters

[I]  DIPP working on aligning sectoral regulations with FDI policy

 

BUSINESS STANDARD

[I]  Steel firms plan biggest price hike from January

[I]  Bank branch staff slogging it out on their own

[I]  Hiring activities jumped 14% in November: Naukri.com

[I]  Angst and protest likely if cash crunch continues: Mazumdar-Shaw

[I]  Make Banks Board Bureau or RBI selector of bank auditors: ICAI to govt

[I]  MF's equity inflows halve in 2016

 

 

Best Regards, ARBIND