MACRO ECONOMIC NEWS

Macro Economic News 24 Jul 2017

 

FINANCIAL TIMES

[I]  Israel increases military presence in the West Bank following riots

[I]  White House signals backing for Russia sanctions

[I]  Nigeria and Libya must join Opec deal, says Russia

[I]  EU warns on failure to apply money laundering rules

[I]  Deregulation creates China consumer loans boom

[I]  China peers into future with crime-predicting AI

[I]  China embraces era of staff-free shopping

 

BLOOMBERG 

[I]  Abe Faces Grilling in Parliament as Support Continues to Fall

[I]  Bank of Japan Dot Plot Paints a Pessimistic Picture of Inflation

[I]  Diamonds Bring New Life to War-Torn Central African Republic

[I]  India's Bulls Aren't Tiring Yet

[I]  Libya, Nigeria Oil Output Caps Are Said to Be Ruled Out for Now

[I]  No Winners in Gulf Feud as Saudi, Qatari Assets Converge on Oil

[I]  Steelmakers Are Worth the Most in Years And It's Thanks to China

[I]  Tokyo Tries Working From Home to Ease Congestion

[I]  China's Nasdaq Is About to Be Cheaper Than the Real Thing for First Time

[I]  Pakistan Central Bank Holds Rate in New Governor's First Meeting

[I]  South Korea's Parliament Approves 11T Won Extra Budget Plan

[I]  China's Diesel, Gasoline Exports Surge to Ease Domestic Glut

[I]  China's Central Bank Pumps in Most Funds Since January

 

BUSINESS LINE

[I]  Debtors have filed over 33% of insolvency cases

[I]  Rich nations have cornered 90% of farm subsidy entitlements: India-China study

[I]  Corporatisation of ports kept ‘alive’, say unions

[I]  Ordinance is always the last resort: Pranab

[I]  Centre keeps corporatisation hopes ‘alive’ in new port Bill

[I]  Nilekani calls for law to give people control over their own data

 

ECONOMIC TIMES

[I]  Tax dept's demand to disclose foreign bank accounts sends NRIs, expats into tizzy

[I]  Abe’s visit: India, Japan to talk maritime security

[I]  Government plans ‘I stand by my country’ campaign

[I]  RBI to lease currency verification systems to weed out fake notes

[I]  Anti-dumping duty likely on import of a chemical from China

[I]  India to strengthen Labour Bureau and NSSO to track national job growth

[I]  Don't curry political favours for transfers, CBDT tells taxmen

[I]  Government to open lateral entry door for private sector specialists

 

BUSINESS STANDARD

[I]  PEs build $4-billion war chest for bad assets

[I]  GST: Migration to new tax regime in slow lane

[I]  Delhi govt tells tobacco companies to remove ads

[I]  Mobile apps seeking blanket access to your data under Trai lens

[I]  Major ports incur over Rs 53-crore loss: CAG

[I]  No unusual profit to private firms via crop insurance scheme: Govt

[I]  Over half of India faces sugar crunch despite stock carryover, bumper crop

[I]  Statsguru: Competitive federalism

[I]  Make in India: Talks on easing defence FDI on to generate employment

 

MARKETS (07:00 am)

[I]  SGX NIFTY Fut: 9895;  USDINR DGCX: --;  DJIA Mini: 21493;  FTSE 100 Fut: 7372;  NIKKEI 225 Fut: 19906;  EUR-USD: 1.1670; Crude Oil (WTI): 45.68;  Gold (Spot): 1254

 

Best Regards, ARBIND

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