MACRO ECONOMIC NEWS

Macro Economic News 25 Apr 2017

FINANCIAL TIMES

[I]  Trump plans to slash corporation tax rate to 15%

[I]  Euro and French stocks surge on bets Macron will win

[I]  Brussels pressed to rethink Turkey ties

[I]  Germany sees rise in crime by asylum seekers

[I]  African Development Bank warns of extremism risk

[I]  Australia and China in pact against cyber theft

BLOOMBERG 

[I]  Converting Coal Would Help China's Smog At Climate's Expense 

[I]  Russia's Oil Cuts Won't Be So Easy If OPEC Deal Is Extended 

[I]  Brexit Could Imperil U.K.'s Lead in AI, The Royal Society Warns 

[I]  Betting Worst Is Over, Steelmakers Spending Again After Big Cuts 

[I]   China's Bad Loans, Capital Outflows Stabilize, PBOC's Yi Says

[I]  Banks Are Backing Out of $1.7 Trillion in Chinese Investments

[I]  The Electric Car Revolution Now Faces Its Biggest Test

[I]  The Rich Are Living Longer and Taking More From Taxpayers

[I]  Retailers Are Going Bankrupt at a Record Pace

[I]  Why China's New Aircraft Carrier Should Worry India

BUSINESS LINE

[I]  Nasscom rebuts US allegations about ‘gaming’ of H-1B visas

[I]  Indian mangoes may soon be heading Down Under

[I]  Ministry comes up with model APMC Act to integrate agri markets

[I]  India may not bid for hosting G-20 Summit in 2019

[I]  Worthless degrees and jobless graduates

[I]  Waiving loans doesn’t end the distress

[I]  The de-digitisation of India, post DeMo

ECONOMIC TIMES

[I]  Modi government plans major policy push to promote e-vehicles

[I]  Firms with open offshore exposure need to be cautious

[I]  Govt preparing norms for credit enhancement fund to bolster infra bonds ratings

[I]  Government aims to end APMC monopoly with new model agri-market law

[I]  Arun Jaitley says 7-8 per cent growth 'absolute normal' for India

[I]  NITI's vision: Houses, vehicles, ACs for all by 2032

[I]  16 states opt for Centre's e-procurement platform

[I]  Govt to set up unified regulator for GIFT, RBI backs move

[I]  Take steps to double farmers' income by 2022: Niti Aayog to states

BUSINESS STANDARD

[I]  NITI Aayog tells Centre to review tax exemption on farm income

[I]  Chinese firms gain as high-cost US stents exit

[I]  Nasscom says Indian IT firms get 20% of H-1B visas, pay higher wages

[I]  Rising commodity prices put pressure on carmakers' margins

[I]  UP govt warns of action on sugar mills on cane arrears

[I]  You can now withdraw 90% EPF to buy home, pay EMI from account

[I]  Bihar becomes second state after Telangana to pass GST bill

[I]  Small funds to complain on IPO allotment to Sebi

MARKETS (7.30 am)

[I]  SGX NIFTY Fut: 9241;  USDINR DGCX: 64.7425;  DJIA Mini Fut: 20717;  FTSE 100 Fut: 7215;  NIKKEI 225 Fut: 18983;  EUR-USD: 1.0857; Crude Oil (WTI): 49.44;  Gold (Spot): 1274

Best Regards, ARBIND

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