MACRO ECONOMIC NEWS

Macro Economic News 04 Nov 2016
 

FINANCIAL TIMES

[I]  Brexit plans in turmoil after court defeat

[I]  Brexit battle moves to parliament

[I]  Bank of England raises inflation forecasts

[I]  Snub of minister highlights German-Chinese tensions

[I]  Egypt free float currency to secure IMF funds

[I]  China land reform opens door to corporate farming

[I]  Russia resumes advanced weapons sales to China

 

BLOOMBERG 

[I]  Bond Market and Fed Are on Same Page About U.S. Inflation Picking Up

[I]  Pound Jumps as Court Brexit Ruling, BOE Deliver Double Boost

[I]  Is China Making the Same Mistakes That Crushed Japan's Economy?

[I]  Egypt Free Floats Pound, Raises Lending Rates to Spur Economy

[I]  Carney Says BOE Could Move Either Way as Inflation Picks Up

[I]  It’s Not Just Trump Casting Political Cloud Over Southeast Asia

[I]  Brexit Lawsuit Ruling Based on 300-Year-Old Law

[I]  RBA Sees China Risks Diminish as Housing Market Reignites

[I]  Toronto Home Prices Surge in October Despite Curbs

[I]  Corporate Japan Sees Worst Quarterly Profits Since 2011

 

BUSINESS LINE

[I]  Four-tier GST rate structure finalised

[I]  Close to 50% people see no reduction in corruption: survey

[I]  Services PMI sees a sharp spike in October on new orders

[I]  Tea Board explores options for new settlement bank for pan-India auctions

[I]  Sugarcane growers in poll-bound UP look forward to higher SAP

[I]  RBI allows banks to raise funds via masala bonds

[I]  Digital transactions: India ‘much safer than most destinations’

 

ECONOMIC TIMES

[I]  NPA woes: 18 banks add Rs 1.44 lakh crore in bad assets, doubled provisions in Q2

[I]  FIIs reduce 'Bullish on India' bets as global worries mount

[I]  UK parliament must vote on starting Brexit: High Court

[I]  India to keep wheat import tax at 10%, private imports seen at 3 million tonnes

[I]  FIPB to take up 11 investment proposals on November 17

[I]  Private equity investment in RE rises 22 per cent y-o-y in Jan-Sept 2016: Report

[I]  Boost to the economy may take time: Experts

[I]  GST may not stoke inflation, 50% CPI items out of tax net

[I]  India should focus on domestic market to boost mfg: Crisil

[I]  GST rate structure finalised, panel fixes rates at 5%, 12%, 18% & 28%

[I]  Food security programme to cost Rs 1.4 trillion a year: Food minister

[I]  Even after 30 years of consumer Act, buyer yet to become king

 

BUSINESS STANDARD

[I]  GST Council finalises peak rate at 28%

[I]  GST rates to pull down inflation:FinMin

[I]  Multiple tax slabs and cess to complicate GST

[I]  Tobacco in highest tax bracket with cess

[I]  Centre to offload 1 mt wheat in open market

[I]  Expert panel recommends expanding NPPA's mandate

[I]  Services PMI gathers pace on new orders

[I]  MFs pump in Rs 1.78 lakh cr in debt mkts in Apr-Oct

[I]  Anti-dumping duty imposed on Chinese steel products

 

 

Best Regards, ARBIND