Friday 5 May 2017


Macro Economic News 05 May 2017

 


[I]  Fall in crude casts shadow over strong oil earnings

[I]  Trump visa crackdown spurs tech moves to Mexico

[I]  Prince Philip to stand down from public duties

[I]  Beijing chokes in Gobi desert sandstorm

[I]  Russia’s call for a pause in Syria needs testing

[I]  Denmark looks to China to tackle oyster glut

[I]  Japan strikes ‘flammable ice’ in offshore test well

[I]  Nigeria puts faith in infrastructure spending

[I]  Brussels plans to saddle UK with EU nuclear waste

[I]  Call for truce in Brexit war of words

[I]  EU outlines 3 options for London’s euro clearing

 


[I]  China's New Jet Will Be Packed With Parts From America

[I]  Why the Retail Crisis Could Be Coming to American Groceries

[I]  Oil's OPEC-Driven Gain Wiped Out as Shale Boom Offsets Cuts

[I]  Crooks Are After the Grease From Your French Fries

[I]  Buckingham Palace Says Prince Philip Will Stop Carrying Out Engagements

[I]  Beijing Sandstorm Prompts Pollution Warning for Some 22 Million

[I]  Japan’s Hard-Up Priests Turn to Property Development

[I]  This Is Why Australia Hasn't Had a Recession in Over 25 Years

[I]  OPEC's Crisis Of Confidence

[I]  India, Philippines to Lead Asian Growth as Workforces Rise

[I]  Australia Believed to Have Won WTO Big Tobacco Dispute

 


[I]  ‘Biggest bad loans’ now in RBI’s crosshairs

[I]  In turbine manufacturing, wind blowing the India way

[I]  Execution is the key to new steel policy’s success, say industry majors

[I]  New CII chief sees India growing at 10% in 3 years

[I]  BRICS rating agency plan gathering pace

[I]  Services PMI expands in April, but at a slower pace

[I]  PSU oil retailers to set up 6,500 LPG distribution centres in two years

 


[I]  Tax forum urges FM to protect confidentiality under GST

[I]  West Bengal starts organic farming activities across the state

[I]  NBFCs retail credit to grow by 16-18 per cent in FY18: Icra

[I]  India's revenue receipts to reach Rs 30 lakh crore in 2 years: Nitin Gadkari

[I]  Rising incomes, stability linked to declining female workforce participation

[I]  Retail inflation seen at 5.5-6% in Q4 this year: Nomura

[I]  Services PMI grows slowest in 3 months

[I]  Unorganised sector workers to be brought under social security scheme: Bandaru Dattatreya

[I]  NPAs: Government may give PSUs leeway on stressed project takeover

 


[I]  With Rs 6 lakh cr NPAs, PSBs may be asked to auction stressed assets

[I]  India Inc holds back on dividends

[I]  Infographic: A brief history of the Indian financial year

[I]  India's gold demand up 15% in Q1 post note ban; GST, monsoon key: WGC

[I]  Centre moots integrated logistics company

[I]  Govt announces phased manufacturing programme for mobile handsets

[I]  Govt cannot 'belittle' Supreme Court order holding Aadhaar voluntary

[I]  Services sector growth loses steam in April with slower rise in new orders

 

MARKETS (8.35 am)

[I]  SGX NIFTY Fut: 9352;  USDINR DGCX: 64.3925;  DJIA Mini Fut: 20862;  FTSE 100 Fut: 7199;  NIKKEI 225 Fut: 19450;  EUR-USD: 1.0982; Crude Oil (WTI): 45.36;  Gold (Spot): 1228

 

Best Regards, ARBIND

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

 
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