MACRO ECONOMIC NEWS

Macro Economic News 30 Dec 2016

 

FINANCIAL TIMES

[I]  State crackdown threatens Ethiopia’s economic boom

[I]  Final quarter of blockbuster deals boosts M&A activity

[I]  US mutual fund launches hit by changing landscape

[I]  Italian finance minister attacks ‘rigid’ ECB

[I]  Beijing mayor promises end to house prices rise

[I]  Switzerland moves further to end bank secrecy

[I]  Boom in cyber insurance predicted to gather pace

[I]  High hopes for tech groups’ overseas cash piles

[I]  US mortgage refinancings head for 17 year low

[I]  Chinese M&A boom faces regulatory checks

[I]  Chinese keep buying London property despite Brexit

 

BLOOMBERG 

[I]  Japan Wants Its Overworked Citizens to Start Weekends Early

[I]  A Year in China Markets: Yuan Down, Stocks Down, Bonds Faltering

[I]  Hong Kong to Sell First Commercial Site in Central Since 1996

[I]  RBI Warns of Stress as Indian Banks’ Bad Loans Hit 14-Year High

[I]  Standard Chartered: See China Growth at 6.6% in 2017

[I]  China to Spend $503B on Rail Expansion

[I]  China Banking Official Urges Cut to Required Reserve Ratio

 

BUSINESS LINE

[I]  Banks face significant stress, but stable overall: RBI

[I]  Change in fiscal year cycle unlikely before 2018

[I]  Cash crunch sows the seeds for a bitter harvest

[I]  Built-to-change companies don’t spend much time on competition: CA Tech

[I]  With exports in check, sugar import duty may not be pruned for now

[I]  India can be a world leader in algal farming, says US expert

[I]  New categories of differentiated banks under consideration

[I]  Bad loan recovery by banks down 26% at Rs. 22,768 crore in FY16

[I]  Banks told to provide additional working capital limits to micro, small units

 

ECONOMIC TIMES

[I]  Your EMIs may finally come down as govt nudges banks to cut rates

[I]  China dilutes dollar role in currency basket

[I]  Farm growth in 2016-17 to be much better than last few years

[I]  Centre charts roadmap to complete 99 irrigation projects

[I]  Government's direct tax kitty swells to Rs 5.57 lakh crore between April and December

[I]  Centre forms committee to study arbitration mechanism to settle commercial disputes

[I]  Interest rate options in India from Jan 31: RBI

[I]  Avoid excessive regulation to contain black money: RBI report

[I]  RBI asks banks to enhance working capital limit for MSMEs

 

BUSINESS STANDARD

[I]  Economists are confused, but people power behind note ban: PM

[I]  RBI raises red flag on bad loans

[I]  Finance Ministry considering debt restructuring for sugar sector

[I]  Banks added Rs 4.4 Lakh cr of fresh NPAs in 2015-16

[I]  Bank credit growth continued to decline in H1

[I]  Direct tax mop-up at 13% till Dec 19: Arun Jaitley

[I]  Corporate India's financial position remains weak

[I]  RBI's stress test shows further worsening of bank's asset quality

 

 

Best Regards, ARBIND