MACRO ECONOMIC NEWS

Macro Economic News 08 Mar 2017

 

FINANCIAL TIMES

[I]  China rebukes US for anti-missile shield in S Korea

[I]  China forex reserves break 8-month run of declines

[I]  Brazil’s economy contracts for an eighth quarter

[I]  Israel to bar foreigners who back country boycott

[I]  Somalia to print first banknotes in 25 years

[I]  Will EU core states leave rest behind after Brexit?

[I]  German trade surplus sparks concern at home and abroad

[I]  Slowing India property market stirs investor angst

[I]  India needs more reform to woo long-term investment

 

BLOOMBERG 

[I]  The Shale Industry Is Scrambling to Catch Up to Its Own Boom

[I]  U.K.'s May Fights Back After Another Brexit Law Defeat in Lords

[I]  Russia Is Running on More Than Just the Black Stuff

[I]  China's Running Out of Time to Cut Excess Capacity

[I]  London Landlords Cut Luxury-Home Rents as Brexit Damps Demand

[I]  Japan's 4Q Growth Raised to 1.2% as Exports Drive Investment

[I]  Australian Iron Ore Port Sees Record Cargoes Even After Bad Weather

[I]  Cash Dwindles to Two-Decade Low in Global Investor Portfolio

 

BUSINESS LINE

[I]  Glass ceiling has cracked, but is still unbroken

[I]  NRI deposits plunge $15 b in April-Dec period on FCNR redemption

[I]  Highway projects to yield Rs. 12,000-cr investments for Gujarat: PM

[I]  SEBI may soon give green signal for ‘accredited investors’

[I]  India temporarily suspends import of agri-commodities from Vietnam

[I]  Sugar industry prunes production estimate

[I]  Diversity at the workplace is a win-win, says Corporate India

 

ECONOMIC TIMES

[I]  Debt ridden companies to provide inbound M&A opportunities: Study

[I]  Bengal farmers consider suicide as cold storage options dry up for potato crop

[I]  Sugar output to fall 19% this season

[I]  Indian economy to grow 7.1% in this fiscal; Dec quarter GDP numbers surprising: Fitch

[I]  Blame GST if your glucose biscuit packets feel lighter from July

[I]  Aadhaar made must for free LPG connections too

[I]  CBDT asks officials to monitor tax collections, take measures to achieve budget target

[I]  Energy policy may bring subsidy cut, price control in power, fertilisers

[I]  BSNL, MTNL merger plan back on discussion table

[I]  GST set to complicate operations for banks

[I]  Commerce Ministry in talks with World Bank for Logistics Performance Index

[I]  Govt to make PSU banks recapitalisation norms more stricter

[I]  Govt wants to extend e-visa facility to business travellers

 

BUSINESS STANDARD

[I]  I-T heat on 4,000 firms for unusual cash deposits

[I]  India going big on refining capacity; may overtake Russia in capacity

[I]  Decline in revenue, profitability in store for two-wheeler majors

[I]  Iron ore industry demands market driven price

[I]  Chinese imports, economic slowdown trim trucks & bus tyre production by 20%

[I]  No one will be deprived of benefits for lack of Aadhaar: Govt

[I]  India open to widest cyber security pact, says Ravi Shankar Prasad

[I]  Funds to be ready for govt schemes from April 1: Arun Jaitley

[I]  New panel on education policy this week

 

MARKETS (8.00 am)

[I]  SGX NIFTY Fut: 8969;  USDINR DGCX: 66.7725;  DJIA Mini Fut: 20884;  FTSE 100 Fut: 7316;  NIKKEI 225 Fut: 19242;  EUR-USD: 1.0566; Crude Oil (WTI): 52.83;  Gold (Spot): 1218

 

Best Regards, ARBIND

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