To access the newsletter, click on the link: http://share.thomsonreuters.com/assets/newsletters/Indiamorning/MNC_IN_12012017.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: Commerce Minister Suresh Prabhu, Finance Secretary Hasmukh Adhia and Commerce Secretary Rita Teaotia at India Gold and Jewellery Summit in New Delhi.
9:30 am: Reliance Infrastructure Oil and Gas CEO A.K. Balyan at SHRM Indias National PSU Conference New Delhi.
12:30 pm: Cabinet briefing likely New Delhi.
4:00 pm: Mines Secretary Arun Kumar to brief media about amendments on mineral auction rules New Delhi.
LIVECHAT- WEEKAHEAD Reuters EMEA markets editor Mike Dolan discusses the upcoming week's main market inflection points at 04:30 pm IST. To join the conversation, click on the link: https://forms.thomsonreuters.com/communities/ INDIA TOP NEWS • India sees growth rebound as businesses adjust to new tax India's economic growth rebounded to 6.3 percent in the three months ending in September, halting a five-quarter slide as businesses started to overcome teething troubles after the bumpy launch of a national sales tax.
• India's fiscal deficit reaches 96 percent of FY target in October - government India reported a fiscal deficit of 5.25 trillion rupees for April-October, or 96.1 percent of the budgeted target for the current fiscal year that ends in March 2018.
• RCom says majority of creditor banks oppose CDB insolvency petition Debt-laden Indian wireless carrier Reliance Communications on Thursday said that a majority of its 31 creditor banks have decided to oppose China Development Bank's insolvency petition against the company.
• HDFC AMC gets board approval to start IPO process The board of HDFC Asset Management Co Ltd on Thursday gave its approval to begin the process for launching an initial public offering of India's second-biggest mutual fund manager by assets, according to a stock exchange filing.
GLOBAL TOP NEWS • U.S. Senate tax bill stalls on deficit-focused 'trigger' The U.S. Senate on Thursday delayed voting on a Republican tax overhaul as the bill was tripped up by problems with an amendment sought by fiscal hawks to address a large expansion of the federal budget deficit projected to result from the measure.
• Japan consumer prices, household spending raise doubts about inflation Japan's core consumer prices rose in October from a year earlier, marking the 10th straight month of gains, but a narrower measure that excludes energy showed inflation has not accelerated for three consecutive months.