In This Article:
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_07092018.pdf If you would like to receive this newsletter via email, please register at: https://forms.thomsonreuters.com/india-morning/ FACTORS TO WATCH 11:00 am: Oil minister Dharmendra Pradhan at an event in New Delhi.
11:00 am: Statistics and Programme Implementation Minister D.V. Sadananda Gowda and other officials at International Round Table Conference on “Data for New India” in New Delhi.
12:00 pm: Andhra Bank annual general meeting in Hyderabad.
LIVECHAT - FX WEEK AHEAD FX Buzz analyst Jeremy Boulton analyses G7 currencies at 6:00 pm IST. To join the conversation, click on the link: https://forms.thomsonreuters.com/communities/ INDIA TOP NEWS • EXCLUSIVE-Indian tycoon Mallya shrugs off threat of British asset seizures Embattled Indian tycoon Vijay Mallya said on Sunday he will comply fully with court enforcement officers seeking to seize his British assets, but there was not much for them to take as his family's lavish residences were not in his name.
• India's June gold imports drop by a quarter as rupee hits record low India's gold imports fell for a sixth month in June to 44 tonnes as a drop in the rupee to record lows lifted local prices to a near 21-month high, curtailing demand, provisional data from GFMS analysts at Thomson Reuters and bank dealers showed.
• Varroc Engineering shares rise up to 6 percent on market debut Varroc Engineering Ltd's VARE.NS shares rose as much as 6 percent in their market debut on Friday, after the auto parts manufacturer's initial public offering raised $283.58 million.
GLOBAL TOP NEWS • No "reluctant conscript", Brexit minister quits in blow to Britain's May Brexit Secretary David Davis has resigned because he was not willing to be "a reluctant conscript" to Prime Minister Theresa May's plans to leave the European Union, delivering a blow to a British leader struggling to end divisions among her ministers.
• After Pyongyang put-down, Pompeo stands by 'difficult' denuclearization talks U.S. Secretary of State Mike Pompeo brushed off North Korean charges that he used "gangster-like" diplomacy in negotiations in Pyongyang, saying on Sunday after meeting his Japanese and South Korean counterparts that he would keep pursuing denuclearization talks with North Korea.
• Smartphone maker Xiaomi's shares open 2.9 percent down on debut in HK Chinese smartphone maker Xiaomi's shares dropped 2.9 percent on debut in Hong Kong, in a blow to investor sentiment for the tech sector as a raft of peers line up their own listings in the city.