MACRO ECONOMIC NEWS

Macro Economic News 28 Feb 2017

 

FINANCIAL TIMES

[I]  Trump wants $54bn increase in military spending

[I]  Delhi warns of tax reform ‘teething problems’

[I]  Trump fails to unify as he sticks to campaign mode

[I]  India frets that American welcome is over

[I]  UK faces EU push on transparency of trusts

[I]  China bankruptcy cases surge as economy slows

[I]  US banks hit brakes on lending after election

[I]  Corporate China hits global debt market milestone

[I]  Markets risk rude awakening if Trump address underwhelms

 

BLOOMBERG 

[I]  Japan’s Industrial Output Falls for First Time in Six Months

[I]  Trillions of Dollars Are at Stake When Trump Speaks to Congress

[I]  Mexico Warns U.S. It'll Cut Off Nafta Talks If Tariffs Added

[I]  Pound Drops as May Reported to Brace for New Scottish Referendum

[I]  Be Nice to the U.K. in Brexit Talks, $85 Billion Investor Pleads

[I]  China Will Rein in Growth, Credit Targets in 2017 Master Plan: Economists

[I]  Trump Says Budget Will Focus on Safety and Defense

[I]  China to Allow More Listings on Its Stock Market

[I]  President Trump Says He Wants Free, But Fair Trade

[I]  Hedge Funds Have Never Been So Confident Oil Will Rally, Eventually

 

BUSINESS LINE

[I]  Action shifts to Centre as stand-off over the BS IV deadline continues

[I]  100 days after: No end to long queues outside RBI

[I]  Rich Indians taking EB-5 visa route as US shuts down H-1B

[I]  Ministry of Electronics and IT to spearhead digital payments

[I]  ESIC plans super speciality medical benefits for retired insured persons

[I]  India is among the most open economies, says Jaitley

[I]  Unique mobile subscribers will cross 5 billion this year: GSMA

 

ECONOMIC TIMES

[I]  India can grow at a higher rate: Arun Jaitley

[I]  Sebi wants more 'clarity' on LTCG tax

[I]  Big banks plan 90% cut in fees for micro ATMs

[I]  India consumer confidence at 10-year high despite cash ban: Prasun Basu, Nielsen

[I]  Rupee hits 3-month high, Asia currencies firm ahead of Trump speech

[I]  At Rs 450/quintal, onion prices dive to 5-year low

[I]  Give fewer action points for ease of doing business ranking: State Governments

[I]  Create value chains with nations getting US, EU sops: Government to companies

[I]  Govt mulls permitting sale of non-food items under FDI policy

[I]  CSO to unveil Q3 GDP estimate with note ban impact tomorrow

[I]  Few supporters in government for 'bad bank' proposal

[I]  India lobbies World Trade Organisation to ease flow of services, IT professionals

 

BUSINESS STANDARD

[I]  Low or lack of operations leads to losses at 90% airports, says AAI

[I]  Top pharma firms overcharging: NPPA

[I]  Get serious, fast, about self-skilling, says Nasscom

[I]  Brazil govt agency flags 'hazards, uncertainties' in GM crop

[I]  Bihar presents Rs 1.6 lakh cr budget; focus on education, rural development

[I]  Odisha Budget outgo at Rs 1.06 lakh cr, growth pegged at 8-8.5% in FY18

[I]  There is a huge interest from UK industry: Arun Jaitley

[I]  IT ministry to take over digital drive from NITI

[I]  Sebi, RBI discuss monitoring foreign investors in real time

 

MARKETS (7.20 am)

[I]  SGX NIFTY Fut: 8928;  USDINR DGCX: 66.9625;  DJIA Mini Fut: 20815;  FTSE 100 Fut: 7265;  NIKKEI 225 Fut: 19240;  EUR-USD: 1.0585; Crude Oil (WTI): 54.17;  Gold (Spot): 1253

 

Best Regards, ARBIND

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