Morning News Call - India, October 4
To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_10042016.pdf FACTORS TO WATCH 9:15 am: Junior Finance Minister Arjun Ram Meghwal and SEBI Chairman U.K. Sinha at capital markets conference in Mumbai.
2:30 pm: Monetary policy statement to be released in Mumbai.
4:30 pm: RBI holds teleconference call with analysts in Mumbai.
EMEA LIVECHAT - FX MARKETS with independent trader Jeremy Wilkinson-Smith Join one of GMF's youngest guests, independent FX trader Jeremy Wilkinson-Smith at 1430 IST, for an alternative view on FX markets. Jeremy first joined the forum when he was just 18 years old, having successfully traded his own book and come to the attention of his older market peers. To join the conversation, click on the link: https://forms.thomsonreuters.com/communities/ INDIA TOP NEWS Indian manufacturing growth cools in Sept on weakening demand Indian factory activity cooled in September on slowing growth in new orders and production and as manufacturers charged slightly higher prices, although muted inflation should give the central bank room to ease policy further, a survey showed.
Reliance ties up with Dassault after fighter jet deal Reliance Group said on Monday it had tied up with Dassault Aviation SA to help the French company spend up to 300 billion rupees that it must invest in India as part of a recent fighter jet deal it clinched.
India's gold imports drop for ninth straight month in Sept -GFMS India's gold imports fell for a ninth straight month in September as weak retail demand and higher discounts prompted banks and refineries to cut overseas purchases of the bullion, provisional data from consultancy GFMS showed on Monday.
Canadian fund Caisse partners with Edelweiss for India stressed assets investment Canada's second-biggest pension fund Caisse de depot et placement du Quebec said on Monday it had partnered with Indian financial services firm Edelweiss Group to invest up to $700 million over the next four years in stressed assets and private debt opportunities in India.
Militant attack on Indian army base in Kashmir kills one At least six militants attacked an Indian army camp in Kashmir on Sunday night, killing one border guard, Indian officials said, two weeks after a similar attack killed 19 soldiers and ratcheted up tension between India and Pakistan.
GLOBAL TOP NEWS Stronger yen, not inflation, will trigger BOJ easing The Bank of Japan would deepen negative interest interest rates to thwart any sharp spikes in the yen, which the central bank sees as an obstacle to stoking inflation and economic growth, sources familiar with its thinking say.