MACRO ECONOMIC NEWS

Macro Economic News 30 Jan 2017

 

FINANCIAL TIMES

[I]  Bloody Philippine drugs war sparks rush for rehab

[I]  Appetite for bonds remains but higher rates loom

[I]  Trump defiant as world leaders criticise travel ban

[I]  Ireland braced for economic uncertainty of Brexit

[I]  FT explainer: Trump flexes executive muscle

[I]  Iran says travel ban is a ‘gift to extremists’

[I]  Merkel leads European criticism of US travel ban

[I]  China property investment abroad hits record $33bn

 

BLOOMBERG 

[I]  Global Criticism of Trump Ban Builds From Germany to Google

[I]  IMF Warns Eurogroup Loan Measures Not Enough for Greek Debt

[I]  Kuwait Extends World-Topping Rally as Traders Dismiss U.S. Ban

[I]  Hamon Wins French Socialist Primary as Party Old-Guard Rejected

[I]  Time to Reward India’s Job Creators as Modi Crosses Halfway Mark

[I]  Pakistan Dismisses Chinese Debt-Trap Concerns

[I]  OPEC Convinces Investors That Its Oil Production Cuts Are Real

[I]  Little Room for India to Beat Cash Ban Gloom With Budget Goodies

 

BUSINESS LINE

[I]  Digital push: Insurance soon for your money in mobile wallets

[I]  ‘Note-ban impact: Economy will take two years to get back on growth path’

[I]  Rise in fuel costs, slide in rupee to hit Indian airlines: report

[I]  Budget: Railways banks on FinMin for relief from subsidy burden, pension outgo

[I]  Robots may soon take over millions of jobs in ASEAN, reveals ILO study

[I]  Top MEA official urges Panama to expedite tax information exchange pact

[I]  Tax gains may showcase demonetisation windfall

 

ECONOMIC TIMES

[I]  India's holding of US govt securities falls to $118.7 billion

[I]  Government asks for state-level IIP data on revised base of 2011-12

[I]  India, other EMs to grow more sharply in coming years: PwC

[I]  Government working on social registry to better track welfare schemes

[I]  CII calls for smooth tax dispute settlement provision in Budget 2017

[I]  Nomura sees Trumponomics having minimal impact on India

[I]  Finance Ministry may scrap sugar cess in Budget 2017

[I]  'RBI may push back asset quality review exercise by few months on demonetisation impact'

[I]  India Inc pitches for lower tax rates in Budget

 

BUSINESS STANDARD

[I]  FM may have to budget for lower PSU dividends

[I]  Consolidation likely among gold refineries

[I]  Indian IT sector braces for impact of Donald Trump's immigration order

[I]  Defence sector seeks tax rationalisation, policy clarity

[I]  GST protest: Tax officers to wear black bands to work today

[I]  Tax on angel investors may be streamlined

[I]  Budget 2017: Arun Jaitley may hike service tax to 16-18%

 

MARKETS (7.40am)

[I]  SGX NIFTY Fut: 8630;  USDINR DGCX: 68.3600;  DJIA Mini Fut: 19952;  FTSE 100 Fut: 7079;  NIKKEI 225 Fut: 19318;  EUR-USD: 1.0735; Crude Oil (WTI): 53.01;  Gold (Spot): 1195

 

Best Regards, ARBIND

Link to News on http://ECO.arbind.in/