MACRO ECONOMIC NEWS

Macro Economic News 03 Jan 2017

 

FINANCIAL TIMES

[I]  Renminbi faces test as Chinese forex quota resets

[I]  Ghana looks to technocrat to deliver on promises

[I]  Ride-sharing cabs give chance to cut taxi numbers

[I]  Italy tightens repatriation rules after mass arrivals

[I]  Costa confounds critics as economy holds course

[I]  China shakes up 2,000-year-old salt monopoly

[I]  Surge in Chinese corporate investment into the US

 

BLOOMBERG 

[I]  Singapore GDP Growth Accelerates to More Than Three-Year High

[I]  Singapore Home Prices Fall for Third Year Amid Government Curbs

[I]  Singapore's Economy Expands More Than Economists Estimated

[I]  Modi Speeches Spur Memes, Pub Drinking Games in India Cities

[I]  China Central Bank Adviser Calls for 6-7% Growth Target

[I]  PBOC’s Ma Says New Cash Transaction Rules Are Not Capital Controls

[I]  Macau Gaming Revenue Rises 8% in December

[I]  China Increases Scrutiny of Foreign Currency Purchases

 

BUSINESS LINE

[I]  Core sectors dodge note-ban punch in Nov

[I]  ... but manufacturing PMI contracts in December

[I]  Paying ‘service charge’ at restaurants is discretionary

[I]  Don’t appeal for votes in the name of religion: Apex court

[I]  Centre keen on heavily subsidising housing for the poor: Venkaiah Naidu

[I]  Interest rate can never be the only component for boosting growth, says SBI chief

 

ECONOMIC TIMES

[I]  Government cuts market borrowings in Jan-Feb by Rs 18,000 crore

[I]  2016 has raised obstacles on path to better world: Azim Premji

[I]  Domestic demand to sweeten sugar prices at high levels despite demonetisation: ICRA

[I]  Government further extends export sops on onions till March 31

[I]  Unhurt by note ban, eight core industries grow 4.9% in November, but some bruises visible

[I]  Government keeps inflation pressure at bay in 2016, but hiccups loom

[I]  Lending rate cuts to boost economy, push consumption: Industry

[I]  Demonetisation takes toll on manufacturing, PMI falls below 50

[I]  Interest rate on PPF, Kisan Vikas Patra, other small savings plans unchanged

[I]  Government targeting houses for 44 lakh people with power, water, LPG

[I]  Telecom subscriber base touches 1074 mn at Sept-end: TRAI

 

BUSINESS STANDARD

[I]  Credit growth to improve after rate cut, says SBI

[I]  Telecom firms cheer govt's digital push

[I]  Power transmission investment likely to be Rs 2 lakh cr in next plan: CEA

[I]  Farm suicides up 2% in 2015

[I]  Note ban hits new investment in quarter 3: CMIE

[I]  After SBI's 90 bps move, more banks slash lending rates

 

 

Best Regards, ARBIND