MACRO ECONOMIC NEWS

Macro Economic News 20 Apr 2017

 

FINANCIAL TIMES

[I]  IMF says debt binge leaves US corporates exposed

[I]  Theresa May wins backing for snap UK election

[I]  Brussels starts to freeze Britain out of EU contracts

[I]  Greece set to miss budget surplus target, warns IMF

[I]  US tax plan sets up battle with fiscal conservatives

[I]  Renminbi capital controls are lifted as outflows ease

[I]  Recession and political change loom for Chile

[I]  N Korea economy bowed but not broken by sanctions

[I]  China struggles to deal with ‘hopeless’ North Korea

 

BLOOMBERG 

[I]  China Should Open Up Yuan Before Easing Curbs, Ex-Regulator Says

[I]  Singapore Businesses Brace for Higher Costs

[I]  Markets Start to Ponder the $13 Trillion Gorilla in the Room

[I]  Malaysia Airlines First to Track Fleet With Satellites

[I]  China's $8.5 Trillion Shadow Bank Industry Is Back in Full Swing

[I]  Turnbull Tightens Australian Citizenship Test in Migration Crackdown

[I]  Worst of Both Worlds as Aussie Bucks China-Driven Drop in Iron Ore

[I]  Japanese Exports Surge to End First Quarter on Strong Note

[I]  Foreign Economies Better Able to Handle U.S. Rate Hikes, Fed Vice Chair Says

[I]  China Rolls Out Fresh Tax Cuts in Bid to Support Economic Growth

 

BUSINESS LINE

[I]  Centre clears way for Indian firms to merge with foreign companies

[I]  Govt likely to opt for new fiscal framework

[I]  Employees want new skills and a better work-life balance

[I]  IMF sees marginal dip in India’s deficit

[I]  Double taxation avoidance protocol with Portugal gets the green signal

[I]  Delhi overtakes Maharashtra in internet readiness index

[I]  India to make a strong case even as Trump says ‘Hire American’

 

ECONOMIC TIMES

[I]  H-1B positive! Time for Indian IT cos to breathe a sigh of relief

[I]  2.5 lakh Indian cos without business activity or dormant status stare at closure

[I]  India Inc seals deals worth $17.9 billion in Q1 2017: Report

[I]  Government relaxes curb on export of organic farm produce

[I]  We should work together to oppose trade protectionism: BRICS

[I]  India back on fiscal consolidation due to less fuel subsidies and targeted social schemes: IMF

[I]  India's fastest-growing economy tag faces no risk from China anytime soon, confirms IMF

[I]  States should proactively implement reforms: Arvind Panagariya, vice chairman, Niti Aayog

[I]  Sugar output seen jumping in Maharashtra

 

BUSINESS STANDARD

[I]  Indian IT industry sees red as H-1B visa window gets smaller

[I]  States can borrow directly from foreign agencies for infra projects

[I]  Rising rupee sees pressure for export support

[I]  GST impact: Small businesses could under-report income initially

[I]  New framework to deal with toxic assets soon

[I]  Oil ministry criticises petrol pumps' plan to be closed on Sundays

[I]  IMF warns of worsening India Inc financials if protectionism rises in world

 

MARKETS (7.30 am)

[I]  SGX NIFTY Fut: 9131;  USDINR DGCX: 64.7675;  DJIA Mini Fut: 20352;  FTSE 100 Fut: 7062;  NIKKEI 225 Fut: 18478;  EUR-USD: 1.0712; Crude Oil (WTI): 50.77;  Gold (Spot): 1280          

 

Best Regards, ARBIND

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