To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_08062018.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH 9:30 am: NITI Aayog CEO Amitabh Kant at an event in New Delhi.
11:00 am: Monsoon session of Parliament continues in New Delhi.
TRADING INDIA FORUM – INDIA EQUITY MARKETS We speak to Pankaj Murarka, Founder-Renaissance Investment Managers and former Head of Equities at Axis MF, on his view on Indian markets.
To join the conversationat 11:00 am IST, click on the link: https://forms.thomsonreuters.com/communities/">https://forms.thomsonreuters.com/communities/ Please note, Pankaj will not answer stock specific questions.
LIVECHAT - FX MONTH AHEAD John Noonan, Head of IFR FX Watch Asia, analyses cues and views for market moves for the month ahead, including all the central bank meetings this week.
To join the conversationat 09:30 am IST, click on the link: https://forms.thomsonreuters.com/communities/">https://forms.thomsonreuters.com/communities/ INDIA TOP NEWS • India panel wants localisation of cloud storage data in possible blow to big tech firms A panel working on the Indian government's cloud computing policy wants data generated in India to be stored within the country, according to its draft report seen by Reuters, a proposal that could deal a blow to global technology giants such as Amazon and Microsoft who offer such services.
• Jet Airways confident in prospects despite reports cash running out Jet Airways said on Friday it was confident that it would be able to cut costs and keep flying, despite reports that it had warned staff it was running out of cash.
• India to impose delayed tariffs on some U.S. goods in September India said on Saturday that delayed higher tariffs against some goods imported from the United States will go into force on September 18.
• Steel Authority of India misses profit estimates Steel Authority of India missed analysts' estimates for quarterly profit on Friday, as it booked a one-time charge of 2.77 billion rupees, including a provision for royalty payment to Odisha state government.
• Edible oil traders use free-trade pact to get around India's import tax hike Edible oil traders are sourcing exports of palm oil and other cooking oils to India from neighbouring countries, designating the supplies as duty-free under a regional free-trade pact and circumventing India's import tax hike on the oils.
GLOBAL TOP NEWS • China state media attacks Trump on trade in unusually harsh terms China's state media lashed out at the policies of U.S. President Donald Trump in an usually direct attack, accusing him of "starring in his own carefully orchestrated street fighter-style deceitful drama".