MACRO ECONOMIC NEWS

Macro Economic News 03 Mar 2017

 

FINANCIAL TIMES

[I]  Pressure on ECB as euro inflation hits 4-year high

[I]  Sweden revives conscription as Russia unease grows

[I]  Nato and EU need ‘grand strategy’ to resist Putin

[I]  May’s Brexit path stalked by Big Beasts of the past

[I]  Wealth of China’s richest 200 lawmakers tops $500bn

[I]  Eurozone inflation raises policy pressure on Draghi

[I]  Europe starts to think the unthinkable: break-up

[I]  Modi mocks economists amid doubts over Indian GDP

[I]  EM assets defy fears with third month of inflows

 

BLOOMBERG 

[I]  May's Plan to Get Economy `Firing' Is Flawed, U.K. Lawmakers Say

[I]  Asia's Ugly Duckling of the Year Is the Philippine Peso

[I]  China Provides Calm for Markets Ahead of Fed Rate Hike

[I]  AI Scientists Gather to Plot Doomsday Scenarios (and Solutions)

[I]  World’s Biggest Banks Fined $321 Billion Since Financial Crisis

[I]  U.S. Initial Jobless Claims Drop to Lowest in Almost 44 Years

[I]  Data-Dependent Yellen Running Out of Reasons to Delay Hike

[I]  China's $8 Trillion Bond Treasure Spurs Global Funds to Hire

[I]  Investors Can't Agree on the Rupee's Fair Value

 

BUSINESS LINE

[I]  Freight to drive Railways’ business in 2017-18

[I]  Rising output spells grief for vegetable farmers

[I]  CBDT issues new guidelines to officials investigating suspicious deposits post-note ban

[I]  Sovereign, pension funds look to build on Indian realty

[I]  Irresponsible to question GDP numbers: Jaitley

[I]  Investors from small towns too are attracted to discount broking

[I]  Sugar output sours as drought in South, West takes toll

[I]  RBI asks Financial Literacy Centres to hold special camps on going digital

 

ECONOMIC TIMES

[I]  Inda's sugar production as on Feb 28 is down by 18.5%, says ISMA

[I]  West Bengal to introduce single licence for agri marketing

[I]  India’s export recovery not yet broad based: Report

[I]  Peak GST rate to be pegged higher at 40%

[I]  Impact of demonetisation strong in finance real estate and construction growth: Yes Bank

[I]  CCI assessing regulations to help improve ease of doing business

[I]  Government exhorts importers to use direct port delivery facility

[I]  Scope of central and state GST slab can be upto 40%: Experts

[I]  NITI Aayog lays out detailed roadmap for the irrigation scheme

[I]  Cap on cash that can be held by individuals and companies may be round the corner

[I]  Government to soon announce relaxations in the Foreign Direct Investment

 

BUSINESS STANDARD

[I]  Mini Rail Budget offers carrots for long-term freight contracts

[I]  Higher tax fears spur capital restructuring in Corporate India

[I]  Govt mulls 56,825-sq km eco-sensitive zone in Western Ghats

[I]  Rural India has 17% more homes with TVs than cities

[I]  GST changes: Now, enabling provision for peak 40% rate

[I]  Govt might soon take final call on pay panel allowances

[I]  Karnataka scraps Rs 1,800-cr flyover plan

[I]  Bank loan market could revive soon as bonds become costly

[I]  Exit non-core businesses: Finance ministry advises state-owned banks

 

MARKETS (8.25 am)

[I]  SGX NIFTY Fut: 8891;  USDINR DGCX: 67.0050;  DJIA Mini Fut: 20986;  FTSE 100 Fut: 7360;  NIKKEI 225 Fut: 19542;  EUR-USD: 1.0517; Crude Oil (WTI): 52.76;  Gold (Spot): 1232

 

OUT OF BOX

[I]  Marijuana Helped the World's Top Hedge Fund Gain 145%

 

Best Regards, ARBIND

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