MACRO ECONOMIC NEWS

Macro Economic News 29 Mar 2017

 

FINANCIAL TIMES

[I]  EU and Japanese businesses warn of Brexit impact

[I]  Trump Russia probe hit by White House gag claims

[I]  Berlin investigates Turkey for spying in Germany

[I]  ECB criticised for exceeding mandate in eurozone crisis

[I]  Australia pulls back from China extradition treaty

[I]  UK airlines warned on post-Brexit flight restrictions

[I]  Hungary hails refugee camps as example for Europe

[I]  Indian start-ups struggle to gain traction

 

BLOOMBERG 

[I]  Vietnam’s Economy Expands at Slower Pace in First Quarter

[I]  House Votes to Block Obama-Era Online Privacy Rule

[I]  Britain Heads Into Unknown as May Signs Brexit Trigger

[I]  China's Underground Bank Crackdown a Headache for Hong Kong

[I]  The Biggest Risk From the Dollar's Drop May Not Be What You Would Guess

[I]  Coal Is Losing an Appalachian Stronghold as Trump Fights Back

[I]  Robots Are Slashing U.S. Wages and Worsening Pay Inequality

[I]  Dollar's Slide Bodes Well for Emerging Markets

[I]  High-Risk Investments Make a Comeback in Japan

[I]  Japanese Retail Sales Growth Slows as Wage Gains Stall

[I]  China Set to Displace North America With Carbon Capture Projects

[I]  India's Wheat Imports Seen Remaining Near Decade High, ITC Says

 

BUSINESS LINE

[I]  India turns net exporter of steel; cos look to raise capacity usage

[I]  Government imposes 10% import duty on wheat, tur

[I]  Centre to borrow Rs. 3.72 lakh cr in the first half of 2017-18

[I]  Foreign workers can now withdraw retirement corpus when leaving India

[I]  India, Vietnam call truce in trade spat; Delhi pledges pest-free goods

[I]  Industry lobby welcomes order allowing bulk export of edible oil

 

ECONOMIC TIMES

[I]  US shale making a comeback at $50 a barrel dents crude oil market’s outlook

[I]  Excess Rs 2.5-3 lakh crore in economy, need for digital push: Govt

[I]  Total valuation of enemy property in India Rs 1.04 lakh crore: Government

[I]  NITI Aayog may seek closure of seven more sick CPSEs

[I]  ET GBS 2017: Modi govt targets 25 billion digital transactions in next financial year

[I]  Aadhaar not mandatory for accessing welfare schemes: Government

[I]  Finance Ministry gives 6-month extension to 12th Plan schemes

[I]  NITI Aayog to launch 3-year action plan from April 1

[I]  Land leasing, renting to attract GST from July 1

[I]  NITI preparing cabinet note for closure of 7 more sick CPSEs

[I]  GST rollout, tackling NPAs to dominate new fiscal

[I]  Government wants its share if any infra project hikes price of your house

[I]  Govt can make Aadhaar must for opening bank accounts: SC

[I]  After BHIM, government to launch Aadhaar Pay

 

BUSINESS STANDARD

[I]  Note ban frenzy now behind, Jan Dhan accounts see brisk withdrawals

[I]  COAI asks govt to address issue of companies' fiscal health

[I]  Sluggish export growth may hit apparel industry

[I]  Lavasa panel fails to wrap up deliberations on 7th pay commission

[I]  Govt to raise 64% of borrowing in the first half

[I]  Indian gold jewellery exports down 47% in Feb on lower offtake from Gulf

[I]  Corporate fundraising shrinks in FY17 as capacities sit idle

[I]  Buybacks at all-time high of Rs 34,468 cr in 2016-17

 

MARKETS (7.40 am)

[I]  SGX NIFTY Fut: 9139;  USDINR DGCX: 65.1600;  DJIA Mini Fut: 20637;  FTSE 100 Fut: 7288;  NIKKEI 225 Fut: 19207;  EUR-USD: 1.0824; Crude Oil (WTI): 48.53;  Gold (Spot): 1249

 

Best Regards, ARBIND

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