Morning News Call - India, January 5
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_01052017.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH 11:30 am: Banks Board Bureau Chairman Vinod Rai to speak at event.
2:45 pm: Trade minister Nirmala Sitharaman to brief media on meeting of Council for Trade Development and Promotion.
LIVECHAT-COMMODITIES TECHNICALS with Wang Tao, Reuters Market Analyst for Commodities Technicals Wang joins us at 09:00 am to discuss his 2017 Q1 outlook for commodities on the charts. To join the conversation, click on the link: https://forms.thomsonreuters.com/communities/">https://forms.thomsonreuters.com/communities/ LIVECHAT-TRADING INDIA FORUM- Commodity Outlook - 2017 with Gnanasekar Thiagarajan, Commtrendz research, Columnist at ET Gold ended 2016 with a 9 pct gain but masks the 30 pct rally it accumulated at one time. Has the safe haven tag taken a beating? And what about its siamese-twin, silver? We also of course have crude and soft commodities. For views on these and more we have Gnanasekar joining us at 11:00 am. To join the conversation, click on the link: https://forms.thomsonreuters.com/communities/">https://forms.thomsonreuters.com/communities/ INDIA TOP NEWS Indian services activity contracts for second month in December after cash ban India's services industry ended 2016 on a sour note, contracting for a second month in a row in December as orders shrank amid a severe cash shortage, a private business survey showed on Wednesday.
Indian state elections to begin next month will test PM Modi India's election commission on Wednesday scheduled five state polls for the next two months that will test support for Prime Minister Narendra Modi's gamble to abolish high-denomination banknotes.
HDFC Bank to cut lending rates by 75-90 bps - source HDFC Bank Ltd is set to cut its marginal cost of funds-based lending rates across maturities by 75 to 90 basis points, effective Jan. 7, a source with direct knowledge said on Wednesday.
Video of New Year attack on woman in India's tech hub prompts police probe Police in India's technology hub of Bengaluru said on Wednesday they had begun investigating reports of a New Year's assault on a woman after a video emerged showing the attack by two men, as bystanders watched.
GLOBAL TOP NEWS Fed policymakers agree Trump fiscal boost poses inflation risk Almost all Federal Reserve policymakers thought the economy could grow more quickly because of fiscal stimulus under the Trump administration and many were eyeing faster interest rate increases, minutes from the central bank's December meeting showed.