MACRO ECONOMIC NEWS

Macro Economic News 12 Jan 2017

 

FINANCIAL TIMES

[I]  Turkish lira tumbles on economic and terror fears

[I]  Silicon Valley start-ups suffer fall in VC funding

[I]  China groups insured against blocked foreign deals

[I]  Temer and Brazilians put faith in economic revival

[I]  Government ethics head doubts Trump conflicts plan

[I]  Size matters in Russia banks as profitability returns

[I]  Junk energy bonds premium eroded as oil price surges

 

BLOOMBERG 

[I]  Emerging-Market Currencies Fall; Lira in Worst Rout Since 2008

[I]  Oil Climbs Most in Six Weeks After Record U.S. Refinery Runs

[I]  These Are the Biggest Global Risks Over the Next Decade (Rising Inequality etc)

[I]  Bitcoin Price Slides as Chinese Officials Inspect Local Exchange

[I]  China’s Great Ball of Money Has More Bubbles in Sight for 2017

[I]  The Job Market Is Heating Up for Fast-Food Workers

[I]  Japan, Australia Rank Among Most Expensive Places for Sinful Habits

[I]  China's Next Big Shock Could Be a Freely-Traded Yuan

[I]  Big Is Beautiful on China's Roads: SUVs Edge Out Sedans

[I]  Yen Hedging Cost Jumps to Three-Year High on Fragmented Forecast

[I]  India Solar Prices Set to Drop Amid Competition, Lower Costs

 

BUSINESS LINE

[I]  World Bank cuts India’s GDP growth forecast to 7% for FY17

[I]  RBI Governor calls for a unified regulator for GIFT-IFSC

[I]  Service charge levy by hotels unfair trade practice: Paswan

[I]  Sell 50% stake in PSUs through strategic disinvestment: NIPFP to govt

[I]  Employers urged to register workers under social security net

 

ECONOMIC TIMES

[I]  India Inc fears carelessness of employees could cause cyber attacks: Survey

[I]  Post demonetisation: India running on half the cash

[I]  Latest inequality data reveals rising top income shares in China, US

[I]  India needs to be vigilant, ensure inflation target is sustainable: Urjit Patel

[I]  Fitch downgrades India's growth outlook on 'uncertain' note ban benefits

[I]  RBI seeks to make India Inc's foreign debt cheaper

[I]  Niti Aayog demands three-fold hike in social sector spending, cut in subsidies

[I]  Hopeful of resolving issues to roll out GST from April 1: Finance Minister Arun Jaitley

[I]  On-road emission tests to be mandatory in India from 2020

[I]  FM Arun Jaitley may drop tough tax accounting rules

 

BUSINESS STANDARD

[I]  Over 4 mn bank accounts could be dormant, suspects tax department

[I]  MAT phase-out may kick off in Budget

[I]  Patel warns against steep interest rate subvention

[I]  NITI Aayog bats for changing 10% I-T slab

[I]  FMCG revenues to take 6% hit in Dec quarter due to note ban

[I]  Service charge on food, drinks unfair trade practice: Paswan

[I]  In November, banks' exposure in all major industries shrank

 

 

Best Regards, ARBIND