MACRO ECONOMIC NEWS

Macro Economic News 21 Apr 2017

FINANCIAL TIMES

[I]  Trump moves towards imposing steel import tariffs

[I]  China marks milestone with cargo spaceship launch

[I]  Brussels hardens Brexit line on EU workers’ rights

[I]  Brexit confusion overshadows Labour’s election launch

[I]  China and India renew war of words over Tibet

[I]  India bars foreign funding for Gates-backed NGO

[I]  IT sector dims as beacon of Indian job creation

[I]  US banks gain from rate rises as savers suffer

BLOOMBERG 

[I]  The Real World of Oil Has a Warning for Financial Markets

[I]  The Most Closed-Off Nordic Nation Is Yearning for Immigrants

[I]  The Gap Between How White and Black Americans Feel About the Economy Is Surging

[I]  Chinese Workers Might Not Be Too Happy With Their Pay Raises

[I]  Yen Pre-Trump High Looms on Geopolitical Risk, Reflation Unwind

[I]  Chinese Businesses Quit Angola After `Disastrous' Currency Blow

[I]  Kuroda Says Current Purchase Pace to Continue for Some Time

[I]  PBOC's Ma Says China Weighing Impact of Shadow Banking Rules

BUSINESS LINE

[I]  India to guard against wrongful penalisation of IT firms

[I]  95% engineers in India unfit for software development jobs: study

[I]  P-note investments hit 4-month high of Rs. 1.78 lakh cr in March

[I]  UK may change policy on foreign students

[I]  After scrapping 457 visa, Australia unveils tougher citizenship laws

[I]  One in two public sector banks may require ‘prompt corrective action’: Fitch

[I]  RBI may keep rates steady over the next 18 months

[I]  Now, a crowdfunding initiative to end farm distress  

[I]  FinMin ratifies 8.65% rate on EPF deposits  

[I]  Currency fluctuation has become a new normal: Nirmala Sitharaman

[I]  Domestic airlines fly 18.6% more passengers in March  

ECONOMIC TIMES

[I]  Soon you can buy Wi-Fi data from street vendors or neighbourhood kirana shop

[I]  Saudi Arabia, Kuwait signal likely extension of oil supply cuts

[I]  Masala bonds back in vogue after PM Modi’s big win in state elections

[I]  'India's mango exports in FY18 may touch 50k tonne mark'

[I]  Long waits at toll gates defeat purpose of express ways

[I]  Government readies for next round of spectrum sale, asks Trai to suggest price for 5G airwaves

[I]  Friendly advance ruling mechanism to smoothen ride under GST regime

[I]  Modi government to roll out three year action plan

[I]  Government opts for transparency, retains subsidiary limit

BUSINESS STANDARD

[I]  Major FPIs shift base after new tax treaties

[I]  India's rising wealth has a downside: Fewer women are working

[I]  Law Ministry launches digital initiatives for legal access in rural areas

[I]  NITI Aayog to come up with report card on Sunday

[I]  Raghuram Rajan warns of 'policy uncertainty' for world economy

[I]  RBI's 'caution list' fear shatters textiles exporters

[I]  Advance Ruling Authority under GST regime may compromise independence

[I]  Records of goods lost, stolen, gifted a must under GST draft rules

[I]  Regional connectivity scheme crafted for people to make money: Jayant Sinha

[I]  India's crude oil demand to grow by 5% per year till 2020: Study

MARKETS (7.20 am)

[I]  SGX NIFTY Fut: 9175;  USDINR DGCX: 64.7075;  DJIA Mini Fut: 20529;  FTSE 100 Fut: 7069;  NIKKEI 225 Fut: 18578;  EUR-USD: 1.0718; Crude Oil (WTI): 50.27;  Gold (Spot): 1281          

Best Regards, ARBIND

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