MACRO ECONOMIC NEWS

Macro Economic News 27 Apr 2017

 

FINANCIAL TIMES

[I]  European banks benefit from emerging markets

[I]  India’s alcohol bans prompt hotelier growth warning

[I]  Russia bans three Khodorkovsky-linked groups

[I]  Nigeria seeks $6bn China loan to modernise railways

[I]  ‘North Americans’ believed 100,000 years older than thought

[I]  South Africa nuclear deal with Russia ruled unlawful

[I]  Germany edges towards greater Nato role

[I]  China launches first home-built aircraft carrier

[I]  Turkey arrests hundreds in post-referendum move

 

BLOOMBERG 

[I]  South Korean Economy Rebounds as Exports, Investment Improve

[I]  BOJ Decision Day, Trump and Nafta: Five Things You Need to Know

[I]  Australia Debt Revamp Opens Door to More Infrastructure Spending

[I]  The Cheap Energy Revolution Is Here, and Coal Won’t Cut It

[I]  America’s Rich Get Richer and the Poor Get Replaced by Robots

[I]  Banks Get Serious About Moving Jobs to Frankfurt on Brexit

[I]  Trump’s Tax Plan Could Be Painful for New York, New Jersey, and California

[I]  America’s $1.2 Billion Mexico Milk Trade Is Now at Risk

[I]  China's Getting Real About Quashing Financial Risk

[I]  How U.S. Rice Farmers Could Slash Their Emissions (and Costs)

[I]  Home Capital Slumps as New Loan Flags Existential Crisis

 

BUSINESS LINE

[I]  Reforms rush: SEBI allows options trading in commodity market

[I]  Centre’s right hand takes away what left gives PSBs

[I]  No move to tax farm income, clarifies Arun Jaitley

[I]  Draft policy proposes National MSME Authority headed by PM

[I]  FinMin to look into changes sought by Canada in draft bilateral treaty

[I]  CBDT clears the air on rental incomes from industrial parks, SEZs

[I]  Regulator gives investors in liquid funds instant cash facility

 

ECONOMIC TIMES

[I]  Surge in FPI inflows into debt unlikely to sustain: Icra

[I]  FII inflows expected to be $5-10 billion in 2017-18: ICRA

[I]  Sebi makes P-Note norms stricter to curb black money in markets

[I]  RBI says cross border M&A at arm's length basis

[I]  Sebi brings in reforms to woo investors, sets stricter rules

[I]  Trai wants to allocate 10 Mhz in 700 Mhz band to machine-to-machine services

[I]  Relief for Indian MNCs likely as government considers to dilute POEM

[I]  Rising rupee may knock off 4% growth of export-reliant IT, pharma firms: Expert

[I]  El Niño fears recede, unlikely to impact monsoon showers

[I]  Retail loans soar 17.7 per cent in 2016, NPAs also move up: Report

[I]  Arun Jaitley expresses Indian concern over worrying signs of protectionism

[I]  No inherent objection to free trade agreement with India: US

[I]  India probing dumping of chemical from 4 countries

 

BUSINESS STANDARD

[I]  To prevent MNCs' monopolisation, Niti Aayog backs local GM crop policy

[I]  RBI issues new draft rules for M&As

[I]  Competition regulator uses informants to break cartel

[I]  Rupee strengthens to 20-month high

[I]  Note-ban effect: Tax receipts jump to record levels

[I]  Bank credit demand inches up 5.5% in first fortnight of FY18

[I]  PE/VC deal value up by 52%, volume up by 31% in March

[I]  Private equity firms exit $18 bn in two years

 

MARKETS (7.10 am)

[I]  SGX NIFTY Fut: 9344;  USDINR DGCX: 64.3325;  DJIA Mini Fut: 20928;  FTSE 100 Fut: 7210;  NIKKEI 225 Fut: 19250;  EUR-USD: 1.0908; Crude Oil (WTI): 49.34;  Gold (Spot): 1260

 

Best Regards, ARBIND

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