MACRO ECONOMIC NEWS

Macro Economic News 29 Nov 2016

 

FINANCIAL TIMES

[I]  Trump faces clash with business over Cuba threat

[I]  Christmas pudding pricier after Brexit hits pound

[I]  Cards stacked in our favour, say Brexit officials

[I]  India plans to seize portion of black money deposits

[I]  Zimbabwe launches new currency to ease cash crunch

[I]  China protests to Singapore over Taiwan ties

[I]  Mexico warns US on Nafta renegotiation risks

[I]  Trump’s infrastructure plans win OECD backing

 

BLOOMBERG 

[I]  U.S. and China Are Fighting Over Mars, But Japan May Win the Space Race

[I]  OPEC’s Last Cut Shows Oil Market Could Get a Whole Lot Messier

[I]  Zinc Rises to Highest Since 2007 as Metals Rally on China Demand

[I]  OPEC Said to Remain Split as Saudis Call Cut Not Essential

 

BUSINESS LINE

[I]  Come clean, pay 50%; caught hiding, lose 85%

[I]  Excise duty exemption for PoS devices

[I]  5-member Chief Ministers’ panel to review demonetisation impact

[I]  Customs clearance made easy with no paper documents

[I]  Downloading videos, books from foreign websites will attract tax in GST regime

[I]  Depression alert off TN as N-E monsoon looks set to bounce back

[I]  Now, reconfirmation of KYC adding to bank customers’ woes

 

ECONOMIC TIMES

[I]  Govt bonds short of the crease, FPIs bid for Rs 12,287-crore

[I]  India's trade deficit with China rises to $53 billion in FY16

[I]  India's April-September tea exports drop by 2%

[I]  India urged to focus on Silk Route connectivity

[I]  I-T department will not ask for source of bank deposits: Revenue Secretary Hasmukh Adhia

[I]  Pay 50% tax on unaccounted deposits, or 85% if caught, says Modi government

[I]  CRR hike: Crisil says forget rate cuts by banks for now

[I]  New National Steel Policy in conceptual stage: Government

[I]  Early Budget to help kick-start projects from Apr 1: Nirmala Sitharaman

[I]  Centre asked to frame incentive policy for scrapping vehicles

[I]  No proposal to expand range of tax concessions for SEZs: Government

 

BUSINESS STANDARD

[I]  CRR hurdle for lending rate cut

[I]  Fearing tighter US visa regime, Indian IT firms rush to hire, acquire

[I]  Govt working on lower costs for cashless sales in jewellery

[I]  Economy grew 7.1% in first half: Sitharaman

[I]  FIIs say no to short-term capital gains

[I]  PSUs, core sector companies make a comeback in IITs for final placements

 

 

Best Regards, ARBIND