MACRO ECONOMIC NEWS

Macro Economic News 15 May 2017

 

FINANCIAL TIMES

[I]  Banks braced for ‘hundreds of millions’ in Brexit costs

[I]  Global alert to prepare for fresh cyber attacks

[I]  Bitcoin’s surge fuels fears of asset bubble

[I]  Rebound in sterling prompts revival in hedging

[I]  Macron’s reforms rest on ‘creation and innovation’

[I]  G7 pin hopes on Sicily meeting after trade deadlock

[I]  Portugal buoyed by Eurovision win, faith and football

[I]  Rare court case highlights India and Pakistan tensions

[I]  Private equity fundraising in Europe hits 8-year high

[I]  Hong Kong struggles to retain king of toys crown

[I]  Appetite for Greek debt faces test

 

BLOOMBERG 

[I]  China's Factory Output, Investment Slow as Growth Dials Back

[I]  Indian Tech Giants Have New Worry With Surprise Rupee Strength

[I]  Oil Halts Gain as More U.S. Rigs Counter OPEC-Cut Deal Report

[I]  North Korea Says New Missile Can Carry 'Large' Nuclear Warhead

[I]  Australia's Gas Supply Crunch May Turn This Export Loser Into a Winner

[I]  Monday Could Bring More Disruptions From Global Cyber-Attack

[I]  In Cashless Sweden, Even God Now Takes Collection Via an App

[I]  China Eyes U.S. Energy After Inking $20 Billion in Deals

[I]  Mass Rally in Moscow Against Home Demolition Challenges Putin

[I]  America First Divides G-7 Even as Ministers Warm to Mnuchin

[I]  Employers Beware: About 63% of U.S. Workers Are Open to Leaving

[I]  Libyan Oil Output Creeps Higher Ahead of OPEC Decision on Cuts

[I]  Millions of Chinese Take to the Seas, But Their Cruise Tastes Are Very Different

[I]  Australian Housing Affordability Worsens

[I]  Trump's China Deal Boosts U.S. LNG Without Rule Change

[I]  China's Bond Market Dilemma: Where Are the Traders?

 

BUSINESS LINE

[I]  Digital push is reining in cash

[I]  A jack-of-all-trades is what companies are looking for now

[I]  Expanded India-Chile trade pact set to kick off

[I]  Approval of all members needed to include investment facilitation in WTO talks: India

[I]  Layoffs in Indian IT sector may continue for 1-2 years: Experts

[I]  How mapping companies chart out the course for users

[I]  Investors pour in Rs. 1.51 lakh cr in mutual funds last month

[I]  India Inc debt: The good, the bad and the ugly

[I]  EPFO trustees likely to raise ETF investments to 15%

[I]  PE investments jump 69% to $3.16 billion in April

[I]  Ind-Ra retains negative outlook for steel sector in FY18

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

 

ECONOMIC TIMES

[I]  Experts working round the clock to protect India from 'biggest' cyberattack

[I]  What I read this week: Quality jobs vanishing fast in IT, telecom, finance

[I]  Indian aquaculture shrimp production crosses 5 lakh tonnes

[I]  Government exempts Infrastructure Investment Trusts from acceptance of deposit norms

[I]  Reserve Bank of India goes for security upgrade for note storage, transportation

[I]  GST cloud hangs over excise mop-up as dealers hold up tight

[I]  Credit appetite in power, telecom, mining on the wane: Report

[I]  India not for discussing investment facilitation issues at WTO

[I]  More than a 3rd of state taxes to stay out of GST

[I]  Niti Aayog's UP focus: tackling education, health & poverty

[I]  Only 4 statisticians handle key industrial output data

[I]  Income tax department launches facility to correct errors in PAN, Aadhaar

[I]  Ease of business still just lip service; red tape, taxes put brakes on Modi's Make In India push

 

BUSINESS STANDARD

[I]  Higher check-ins boost occupancy at branded hotels to 9-year high

[I]  International tax wing of I-T Dept seeks end beneficiary details of P-notes

[I]  GST panel works out rates for 6,000 items

[I]  Single product sales drive carmakers' growth

[I]  IT majors taking solutions built for staffers to customers

[I]  Building an online platform for colleges

[I]  70% of Indian automobile sales will be digitally influenced by 2020

[I]  New WPI series suggests higher core inflation rate in past six months

[I]  With 1 flight in 65 seconds, Mumbai becomes busiest single-runway airport

[I]  Monsoon arrives in Andaman & Nicobar Islands: Met

 

MARKETS (7:50 am)

[I]  SGX NIFTY Fut: 9444;  USDINR DGCX: 64.2725;  DJIA Mini Fut: 20869;  FTSE 100 Fut: 7409;  NIKKEI 225 Fut: 19842;  EUR-USD: 1.0927; Crude Oil (WTI): 47.89;  Gold (Spot): 1230

 

Best Regards, ARBIND

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