MACRO ECONOMIC NEWS

Macro Economic News 21 Dec 2016

 

FINANCIAL TIMES

[I]  Berlin attack raises election stakes for Merkel

[I]  May says she wants a transitional Brexit deal

[I]  Poland backs off planned media curbs but fails to end stand-off

[I]  Lagarde conviction risks undermining IMF’s authority

[I]  Bank of Japan raises growth outlook

[I]  China returns seized submarine drone to US

[I]  French banks to sue ECB over capital requirements

[I]  Promotions raise questions over US retail profits

 

BLOOMBERG 

[I]  Yen Slides After BOJ Stays Committed to Yield Curve Control

[I]  Runaway Australian Property Market Shows First Signs of Cooling

[I]  IMF Head Christine Lagarde Convicted in French Negligence Trial

[I]  This Has Been the Worst Year for IPOs Since the Financial Crisis

[I]  PBOC’s Shadow Banking Curbs Risk Deepening Junk Bond Rout

[I]  Yuan Bears Strike as Capital Outflows Override PBOC Support

[I]  Japan's Central Bank Upgrades Outlook Without Shifting Policy

 

BUSINESS LINE

[I]  Bad debt provisioning: RBI urges govt to give full tax deduction to banks

[I]  Donations received by national parties drop 84% in 2015-16

[I]  Banks refusing to accept over Rs. 5,000 in old notes, complain depositors

[I]  Jaitley to Railways: focus on performance, not populism

[I]  AMFI bats for US’ 401(k)-like product in Budget proposals

[I]  Farmers demand 40% duty on wheat imports

 

ECONOMIC TIMES

[I]  Farmers get 60 days more to repay crop loans due in November-December

[I]  Nothing abnormal about discrepancy between total currency & amount revealed: RBI

[I]  India's war on cash needs a very different approach

[I]  Kolkata witnessing rise in demand for warehouses

[I]  Modi government cuts MSP of seven minor forest produce items

[I]  Economists pitch for 'out-of-box' Budget

[I]  Think out-of-box: Jaitley asks banks which seeks higher capital

[I]  Ordinance likely for wage payment via e-mode, cheque

[I]  Note ban stunningly disruptive; may yield lasting benefits: Crisil

 

BUSINESS STANDARD

[I]  Govt plans tax exemption threshold for political parties

[I]  PM plans pre-Budget balm for note ban pain

[I]  Self-registration of firms for shipping final goods to EU

[I]  Enough currency with RBI: Jaitley

[I]  Digital push to help small traders save up to 46% in tax: Govt

[I]  Economists tell govt to increase spending

[I]  Railways' budgetary support may be up 12%

 

 

Best Regards, ARBIND