MACRO ECONOMIC NEWS

Macro Economic News 21 Mar 2017

 

FINANCIAL TIMES

[I]  Reformers fear for Iran as hardline tensions grow

[I]  May’s Brexit trigger date yields initiative to EU27

[I]  UK to trigger Brexit process on March 29

[I]  Israel bid to silence call to prayer sparks anger

[I]  EU commissioner attacks Germany’s hate speech bill

[I]  Justice delayed in Brazil’s slow corruption probe

[I]  Europe faces unfinished business on the euro

[I]  US warned that work visa curbs will send jobs abroad

[I]  Oil traders expand their ownership of petrol stations

[I]  Hedge funds bet on renewed oil decline

[I]  Foreign investors net sellers of eurozone bonds

 

BLOOMBERG 

[I]  U.K. Small Businesses Urge Government to Avoid Brexit Cliff Edge  

[I]  Rookie Currency Traders Are Causing Trouble at Crucial Moments

[I]  Italy’s Struggling Economy Has World’s Healthiest People

[I]  Oil Drops as U.S. Drilling Growth Threatens to Counter OPEC Cuts

[I]  Ban Aimed At Electronics in Cabins of Some US-bound Flights

[I]  Even San Francisco, Flush With Tech Wealth, Has Pension Problems

[I]  Default Fears Resurface Over Singapore's Looming Debt Wall

[I]  RBA Warns of Threats in Property Market

[I]  Discovering a New Surfing Hotspot Can Lead to Burst of Economic Growth

[I]  China, Korea Suspend Brazil Meat Imports Amid Scandal

[I]  Paris Accord Could Make the World $19 Trillion Richer

 

BUSINESS LINE

[I]  July 1 rollout looks real as Cabinet clears GST Bills

[I]  IT firms turn to local talent in US

[I]  More leagues want to play the sponsorship game

[I]  India a bigger jewel now: Colao

[I]  House panel seeks higher outlay for Food Processing Ministry

[I]  India to block Japan’s request for WTO dispute panel on steel penal duties

[I]  India pushes for power projects on rivers flowing into Pakistan

[I]  FSSAI notifies norms for food import, outlines guidelines for labelling, health risk review

[I]  Rice bowl reels under impact of severe dry spell

 

ECONOMIC TIMES

[I]  Forget US, Russia now opens arms to welcome high-skilled Indian techies

[I]  G20 members agree on forex, wary on trade

[I]  Group mediclaim premiums likely to rise

[I]  Rupee's surge may push RBI to use rare cash tool

[I]  ​ UDAY states see Rs 11,989-crore drop in interest cost

[I]  Consumer loan demand is back and credit quality too is good: Transunion Cibil

[I]  GST impact on inflation to be less than 20 bps: Nomura

[I]  NITI to lend support in development of 10 big infrastructure projects

[I]  PMO nudges Statistics Ministry to start quarterly survey of labour force

[I]  GST relief for exporters, some refunds to continue

[I]  Service contracts set to be renegotiated under GST

[I]  Indirect expenses can be excluded for margin computation: ITAT

[I]  No vulnerability of UPI or BHIM, assures NPCI

[I]  87 lakh job cards removed from MNREGA list

[I]  No import of food items with less than 60% shelf life: FSSAI

[I]  Deprivation parameters to identify beneficiaries of schemes

[I]  No FDI in defence, ports, coal in April-December period: Government

 

BUSINESS STANDARD

[I]  Cut in tax rates for MSMEs may stunt their growth: OECD general secy

[I]  Centre to weave women-specific narrative by 2019

[I]  Consumer credit demand rebounds after note ban

[I]  Gold import gains momentum

[I]  Regulator mulls single window check-in for foreign investors

[I]  CRISIL SME TRACKER: Housing gets a policy push, but challenges remain

[I]  Want a loan? Your phone data, utility bills can determine your credit score

[I]  Germany, Japan push trade agreement

 

MARKETS (8.10 am)

[I]  SGX NIFTY Fut: 9189;  USDINR DGCX: 65.3425;  DJIA Mini Fut: 20894;  FTSE 100 Fut: 7357;  NIKKEI 225 Fut: 19455;  EUR-USD: 1.0760; Crude Oil (WTI): 48.40;  Gold (Spot): 1229

 

Best Regards, ARBIND

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