MACRO ECONOMIC NEWS

Macro Economic News 30 May 2017

 

FINANCIAL TIMES

[I]  Europe can no longer rely on US, says Merkel

[I]  Trump goes on offensive over Kushner allegations

[I]  Farmed fish on course to overtake wild catch in 2019

[I]  Value of US and European private groups soars

[I]  Egypt strikes Libyan bases after attack on Christians

 

BLOOMBERG 

[I]  May Battles Against Complacency as U.K. Election Lead Slips Away

[I]  Italy Moves Toward Early Elections as Voting Rules Deal Nears

[I]  Vietnam Looks to Salvage Obama Trade Gains in Trump Visit

[I]  Robots May Help Defuse Demographic Time Bomb in Japan, Germany

[I]  China's Seniors Will Reshape the World

[I]  Japan’s Unemployment Rate Holds at Two-Decade Low in April

[I]  Hong Kong Throngs of Thousands Defy Bid to Cool Home Market

[I]  Cash Levels Rise In Japan as Investors Choose Wait-and-See

 

BUSINESS LINE

[I]  Area under kharif planting increases; monsoon to hit Kerala coast today

[I]  SEBI plans $1,000 fee on P-note issuers

[I]  Advertising council introduces independent review process

[I]  No room for revising GST rates: CBEC chief

[I]  More voices join chorus against ban on sale of cattle for slaughter

[I]  Businesses in TN fret over impact of ban

[I]  Govt launches microsite that links websites of various depts

[I]  Indian mangoes take wing, find a new destination in South Korea

 

ECONOMIC TIMES

[I]  War on NPAs! Modi govt turns focus on 50 top stressed accounts

[I]  China may hit funds roadblock over OBOR due to financial constraints  

[I]  Sebi to levy fee on P-Note issuance, bar speculative issuance

[I]  Rough days ahead for Rs 40K-crore leather industry

[I]  GST: Panasonic for higher customs duty to thwart cheap imports

[I]  No plan to create bad bank to resolve NPAs: Arvind Panagariya

[I]  Cess to yield Rs 55,000 crore in first 9 months of GST rollout

[I]  India loses global market share in 61 export items

[I]  India needs more jobs for women to boost growth: World Bank

[I]  Labour reforms will create quality jobs: Bandaru Dattatreya

 

BUSINESS STANDARD

[I]  Sebi cracks the whip on p-notes

[I]  ICRA: Cement demand growth to recover to 4-5% in FY18

[I]  IT firms look for new skill sets in prospective employees

[I]  Chemists to down shutters across India to protest e-platform plan

[I]  Intense heat takes a toll on prices of vegetables by upto 45%

[I]  World Bank cuts India's growth estimates in FY18 to 7.2%

[I]  RBI panel to keep repo rate unchanged in June, say bankers

[I]  Celebrities are helping stem cell firms rapidly grow the brand footprint

 

MARKETS (7:30 am)

[I]  SGX NIFTY Fut: 9578;  USDINR DGCX: 64.7800;  DJIA Mini Fut: 21042;  FTSE 100 Fut: 7516;  NIKKEI 225 Fut: 19575;  EUR-USD: 1.1124; Crude Oil (WTI): 49.86;  Gold (Spot): 1270

 

Best Regards, ARBIND

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