MACRO ECONOMIC NEWS

Macro Economic News 30 Mar 2017

 

FINANCIAL TIMES

[I]  Brexit begins as Theresa May triggers Article 50

[I]  London’s share of global IPOs lowest since 2012

[I]  May garlands demand for divorce with plea for peace

[I]  Relief in Europe as May signals appetite for deal

[I]  May makes link between trade and security deals

[I]  Business outlines its hard Brexit worries

[I]  White House keen to resuscitate healthcare bill

[I]  Privacy vote is foretaste of net neutrality battle

[I]  India seeks to streamline goods and services tax

[I]  Japanese equity business outstrips Hong Kong

 

BLOOMBERG 

[I]  Big China Banks Cut Bad Loan Ratios as Profits Beat Forecasts

[I]  May's Opening Brexit Bid to Tie Security to Trade Hits EU Wall

[I]  Sweden Warned Not to Return to High-Tax 70s

[I]  Oil Traders Warn There's a Supply Crunch Looming

[I]  Fears Grow of Terror in U.S. With Weaponized Civilian Drones

[I]  North Korea May Be Key to Trump's Coal Ambitions

[I]  Asia's Carry-Trade Darling Haunted by Politics as Fed Looms

 

BUSINESS LINE

[I]  SC bans sale, registration of BS-III vehicles from April 1

[I]  ‘One nation, one tax’ closer to reality as 4 GST Bills clear LS

[I]  Britain formally triggers departure from EU

[I]  India’s food support schemes facing WTO heat

[I]  India becomes net exporter of electricity for the first time

[I]  Overwhelming response from investors to SME offers in FY17

[I]  Banking sector needs Rs. 4 lakh crore towards loan-loss provisioning: Uday Kotak

 

ECONOMIC TIMES

[I]  Share prices are 70% higher than historic average: Martin Feldstein, Harvard University

[I]  Rupee hits 65 mark for first time since Oct 2015

[I]  West Bengal government to help farmers to grow 800 varieties of rice

[I]  Basmati rice exports may grow to Rs 22,000-22,500 crore in FY18: Report

[I]  DBT leads to Rs 34,000 crore savings for government: FinMin

[I]  OilMin tweaks norms for allotment of gas agencies, petrol pumps

[I]  GST rates will have no inflationary impact: Arun Jaitley

[I]  Government working on long term strategic plans for development

[I]  RBI to hold rates this year, may tighten in 2018: Goldman Sachs

[I]  Arun Jaitley says GST will benefit all: A look at India's biggest tax reform

 

BUSINESS STANDARD

[I]  BS-III deals a blow to automakers sitting on inventory pile-ups

[I]  Heavy discounts likely to dispose of car stock

[I]  Centre approves strategic divestment of three loss-making Sail units

[I]  India to become third-largest employer of flexi-staff by 2018

[I]  UDAY helps reduce subsidy dependence of power discoms

 

MARKETS (7.30 am)

[I]  SGX NIFTY Fut: 9157;  USDINR DGCX: 64.9700;  DJIA Mini Fut: 20619;  FTSE 100 Fut: 7304;  NIKKEI 225 Fut: 19163;  EUR-USD: 1.0753; Crude Oil (WTI): 49.49;  Gold (Spot): 1249

 

Best Regards, ARBIND

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