MACRO ECONOMIC NEWS

Macro Economic News 13 May 2017

 

FINANCIAL TIMES

[I]  Hackers use NSA tools in worldwide cyber attack

[I]  Investors clamour for European stock funds

[I]  Trump had Russia probe in mind when firing Comey

[I]  Pensions and Brexit drive up Bank of England costs

[I]  Congo declares Ebola epidemic after three deaths

[I]  Austrian coalition collapse opens way to elections

[I]  Italy struggles to cope with migrant surge

[I]  German growth picks up speed in first quarter

[I]  Dollar and Treasury yields slide after weaker US data

[I]  China yield curve inverted as regulation toughens

[I]  Gilts’ outperformance points to UK outlook unease

 

BLOOMBERG 

[I]  Holy Smokes! California Cigarette Tax Fuels Inflation

[I]  Trump Lawyers: Tax Returns Show Little Income From Russians

[I]  U.S. and Europe to Hold Talks on Broadening Airline Laptop Ban

[I]  Modern Motherhood Has Economists Worried

[I]  New Zealand Population Surges Most Since World Turmoil of 1974

[I]  In Fight Against U.S. Shale Oil, OPEC Risks Lower for Longer

[I]  China Bets Big on Infrastructure

[I]  Philippines Holds Key Rate as Inflation Pressure Persists

[I]  Southeast Asia Seen Shrugging Off Inflation Threat as Banks Meet

 

BUSINESS LINE

[I]  RBI takes dim view of UDAY, says it has unplugged States’ finances

[I]  New IIP, WPI data paint rosier picture

[I]  Phones ‘Made in India’, cash registers ringing in China

[I]  Maharashtra govt seeks differential pricing for sugar

[I]  Highways Ministry signs pact with London transport body

[I]  RBI to States: Don’t jump onto farm loan waiver bandwagon

[I]  Updated IIP: consumer goods output grew sharply in 2016-17

[I]  Anti-dumping duty slapped on 47 steel products

[I]  Private equity, venture capital investments cross $2 billion in April: EY study

[I]  EVMs with paper trail will be used in all future elections: poll panel

[I]  Unchecked market borrowings by States could affect financial stability: RBI report

 

ECONOMIC TIMES

[I]  Road to Swadeshi! PMO giving final touches to big 'Buy Indian' policy

[I]  Fund raising via preferential allotment dips 12 per cent in FY17

[I]  Greed & Fear: India most preferred 10-year story, but expect sharp correction anytime

[I]  Forex reserves at life-time peak of $375.71 billion

[I]  Corporate India's January-April deal tally at $33.49 billion: Grant Thornton

[I]  Retail inflation hits a low of 2.99 per cent in April

[I]  March IIP growth cools to 2.7 per cent on poor manufacturing show

[I]  April WPI inflation slips to 3.85 per cent as food prices cool

[I]  State Government deficit lower than Centre's but long-term sustainability a worry: RBI

[I]  State-run companies may be asked to take over stressed assets

[I]  Niti Aayog proposes incentives, subsidies to push sales of electric vehicles

[I]  DIPP working on services sector price index: Ramesh Abhishek

 

BUSINESS STANDARD

[I]  New IIP, WPI series introduced, show overall benign macronumbers

[I]  By design itself, Aadhaar has been built for privacy: Nandan Nilekani

[I]  The bug in tech sector: Expert staff in the line of fire

[I]  Nasscom plays down layoff fears, says workforce realignment occurs every yr

[I]  IT union calls strike in Chennai against unjustified dismissal of employees

[I]  Value of capital goods may reduce IIP volatility

[I]  Retail inflation falls to record low in new series

[I]  Use of electric vehicles can save $60 billion by 2030: Niti Aayog

 

 

Best Regards, ARBIND

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