MACRO ECONOMIC NEWS

Macro Economic News 02 Jan 2017

 

FINANCIAL TIMES

[I]  China enters storm over domestic filmmaking

[I]  Polish city more polluted than Beijing

[I]  UK banks in credit card and loan ‘frenzy’

[I]  Merkel to counter ‘terrorist hatred with unity’

[I]  China tightens control of personal forex purchases

 

BLOOMBERG 

[I]  Dollar Rises for Fourth Consecutive Year; DXY Index Up 3.5%

[I]  Oil Makes Biggest Annual Gain Since 2009 Before OPEC Supply Cuts

[I]  China Central Bank Adviser Calls for 6%-7% Growth Target Range

[I]  China’s Xi Vows to Defend Maritime Interests, Sovereignty in ’17

[I]  China Manufacturing Stabilizes Near a Post-2012 High

[I]  Modi Offers Subsidies for India’s Farmers as Cash Shortage Bites

 

BUSINESS LINE

[I]  New Year gift: Banks trim lending rates

[I]  Even 53 days later, Punjab villages are cash-starved

[I]  Consumer durables firms take a hit, pin hopes on digital payments, summer rush

[I]  Demonetisation sets the stage for lowering corporate tax, says CII

 

ECONOMIC TIMES

[I]  Govt enhances credit guarantee up to Rs 2 cr: PM

[I]  I-T department scanning data pile to dig out unaccounted income

[I]  Investment strategy being reworked due to Singapore tax treaty, GAAR arrival from FY18

[I]  No need to submit form for NPS a/c if opened via Aadhaar

[I]  Double I-T exemption limit to Rs 5 lakh: Deloitte survey

[I]  CII wants corporate tax rate slashed to 18% in budget

[I]  DIPP proposes tax concessions on ESOPs, unlisted securities and convertible instruments

 

BUSINESS STANDARD

[I]  Indian car market stops short of 3 mn units in 2016

[I]  Banks slash rates in New Year gift

[I]  CEOs expect tax cuts in Budget 2017: BS Poll

[I]  M&As set $81 billion record in 2016

[I]  Easy credit for MSMEs may not take off soon due to low demand

[I]  Insurance firms, banks rush to invest in small finance banks

[I]  FPIs in exit mode for 3rd month, pull out $4 bn in Dec

 

 

Best Regards, ARBIND