MACRO ECONOMIC NEWS

Macro Economic News 17 Mar 2017

 

FINANCIAL TIMES

[I]  Trump slashes spending on environment and aid

[I]  Saudi Arabia to restart Egypt oil shipments

[I]  Trump’s words haunt him as travel ban is blocked

[I]  Fat chance for Trump’s skinny budget

[I]  Italian debate on ditching euro grows louder

[I]  Moody’s plays down impact of bank accounting shake-up

[I]  Global markets rise as Fed signals confidence

 

BLOOMBERG 

[I]  Singapore's Central Bank Seen Holding Fire as Growth Recovers

[I]  Saudis Study $65 Billion in China Investments

[I]  China May Ease Limits on Foreign Life Insurers

[I]  Bank of Japan on Hold Falls Further Behind Its Global Peers

[I]  China to Relax Trading of Used Cars to Spur New Vehicle Demand

[I]  Japan Stays the Course With Policy Unchanged After U.S. Rate Hike

 

BUSINESS LINE

[I]  Sports advertising grows by 19% to Rs. 6,400 crore

[I]  India, Russia discuss free trade pact

[I]  2.5% of GDP on health spend is a realistic target

[I]  GST will give us a rich data base on taxes, says Anant

[I]  Indian markets resilient to absorb US Fed rate hike: FinMin

[I]  Indian bond yields under check after Yellen move

 

ECONOMIC TIMES

[I]  Equal opportunity for differently-abled at work soon

[I]  Top 100 listed companies increase their CSR spend by 25 per cent: IiAS

[I]  Government gives no commitment on farm debt waiver

[I]  Maharashtra's sugar output to be lowest in the decade this year

[I]  Enemy Property Bill to bring windfall of Rs 1 lakh crore for government

[I]  Microfinance pools wobbly; mortgage-based ones unaffected, says Crisil

[I]  Engineering exports may reach over $60 billion this fiscal: Nirmala Sitharaman

[I]  VAT in UAE will not affect trade: Dubai Chamber chairman

[I]  India can lead in global life sciences space: US-India biz body

[I]  India an important business partner of US: Mnuchin

[I]  Overall discrepancy rates rise to 11 per cent in Q4 2016: Report

[I]  80% of world's cities show signs of fragility: Report

[I]  India strong enough to absorb US Fed rate hike: Government

[I]  Crisil blames divergent growth dataprints for WPI-CPI variance

[I]  CAG slams Income Tax dept for selectively picking up cases

 

BUSINESS STANDARD

[I]  GST Council caps cess on luxury goods at 15%

[I]  Advance tax mop-up rises only 6% in Q4

[I]  Securitised vehicle finance pools make sharp rebound: CRISIL

[I]  FDI cap tweak in print media in the works

[I]  Economists see no rate cut by RBI in 2017

[I]  Low bids hurt IRR of solar power developers, aggressive bids to continue

[I]  Policy seeks to raise health spend to 2.5% of GDP

 

MARKETS (7.50 am)

[I]  SGX NIFTY Fut: 9196;  USDINR DGCX: 65.4525;  DJIA Mini Fut: 20878;  FTSE 100 Fut: 7416;  NIKKEI 225 Fut: 19510;  EUR-USD: 1.0772; Crude Oil (WTI): 48.85;  Gold (Spot): 1227

 

Best Regards, ARBIND

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