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The Baseline
27 Jun 2016
Morning Brief - Monday
Brexit upheaval continues,  India gets MTCR membership, Paytm-Alibaba to source Chinese products to India


Worry for the world's central banks after Brexit. The world's central banks met in Switzerland over the weekend to discuss actions to calm markets, but say there's not much they can do. NYT
Paytm and Alibaba are working together to source products from China for Indian sellers, a move likely to bring down online prices for consumers. ET
At the same time, commentators are calling for an Indian boycott of Chinese goods after China blocks India's NSG membership. Scroll
India to become full MTCR member today, giving the country access to high-end missile technology. IE
Volatility likely to continue in Indian markets over the short term, experts say. BS
Cartoon of the day: Rio and Zika. USN 


 

 
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