MACRO ECONOMIC NEWS

Macro Economic News 28 Mar 2017

 

FINANCIAL TIMES

[I]  Viability of small-scale funds questioned

[I]  China in drive to improve organ donation levels

[I]  Banks face stiff test for EU ‘passport’ after Brexit

[I]  Cautious Merkel savours victory in Saarland

[I]  Merkel toughens her position on Brexit

[I]  China plans fresh crackdown on steel production

[I]  Fake news shared as widely as the real thing

[I]  Bank lawsuits at London’s high court up by third

[I]  UK banks face extra scrutiny on top of stress test

[I]  US producers build up sales hedges as oil falls

[I]  Euro bears exit as net shorts hit 3-year low

 

BLOOMBERG 

[I]  Distressed Funds Find Treasure in China's Mounting Bad Debts

[I]  Earliest China Data Show Strong March Activity, Brighter Outlook

[I]  U.S. Travel Industry Fears a ‘Lost Decade’ Under Trump

[I]  America's Housing Inventory Problem, Explained in Four Charts

[I]  Buffett's China Rival in Buses Says It Doesn't Need the U.S.

[I]  Central America Pays the Price for Fiscal Failure

[I]  Saudis Thinking Beyond Oil in Asia Courtship

[I]  The Strange Case of Korea and Taiwan's Diverging Export Fortunes

[I]  Australia Shelves Plans to Ratify Extradition Treaty With China

[I]  Decoupling Is Hard to Do for Japan Stocks Still Tied to the Yen

[I]  Great Economic Expectations Are the Bull Market's Next Test

 

BUSINESS LINE

[I]  GST a step closer with 4 Bills tabled in Lok Sabha

[I]  UK to trigger Brexit tomorrow; Indian cos hope for clarity

[I]  Govt in talent infusion mode

[I]  Doors opened for bulk export of edible oils

[I]  Auto industry set to manufacture to BS IV norms from April 1: Dasari

[I]  Govt looking at five-year limitation clause for excise, service tax disputes

[I]  India, Nepal renew fuel supply pact

[I]  Farmers wilt under fodder, water crisis

 

ECONOMIC TIMES

[I]  As China slows, India poised to take its place in growth race

[I]  Govt bonds recover on banks demand, call rates rise

[I]  Coffee Board predicts 9% dip in production for 2016-17 season

[I]  Manufacturing activity improves in March: SBI

[I]  Indian consumers most optimistic about well-being in Asia-Pacific

[I]  Road construction at 6,604 km, misses target of 15,000 km for FY17

[I]  Economy will gain from GPF Reforms: Government

[I]  Government, RBI to finalise first half borrowing calender tomorrow

[I]  20% of India’s productive resources remain unutilised: MS Sahoo

[I]  India needs to be concerned about its short-term debt, warns former IMF advisor Barry Eichengreen

[I]  GST draft bills tabled in Parliament; peg peak rate at 40%

[I]  New board for indirect taxes to become operational from June 1

[I]  50% investments in nation's progress should go towards women

[I]  Foreign investors to the rescue as inflows help fund India deficit

 

BUSINESS STANDARD

[I]  After stent, NPPA starts process to cap other medical devices

[I]  Affordable housing, EPF rules: Multiple tailwinds could perk up real estate

[I]  India needs to worry about short-term debt flows: US economist

[I]  RBI doesn't target any range for rupee, says S S Mundra

[I]  Petroleum sector to be part of GST soon: Pradhan

[I]  Economists hint at deviations in migration numbers

[I]  Govt, RBI may introduce gradation system to deal with bad debts

[I]  Nine years after ban, govt allows export of edible oil in bulk

[I]  South India might face sugar deficit this season due to lower output

[I]  Aadhaar can't be made mandatory for social welfare schemes, says SC

 

MARKETS (7.40 am)

[I]  SGX NIFTY Fut: 9098;  USDINR DGCX: 65.0500;  DJIA Mini Fut: 20518;  FTSE 100 Fut: 7242;  NIKKEI 225 Fut: 19160;  EUR-USD: 1.0863; Crude Oil (WTI): 47.96;  Gold (Spot): 1254

 

Best Regards, ARBIND

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