MACRO ECONOMIC NEWS

Macro Economic News 12 Oct 2017

 

FINANCIAL TIMES

[I]  Spanish prime minister demands clarity on Catalan independence

[I]  Trump administration hits out at IMF over tax reforms

[I]  IMF warns of ‘vulnerabilities’ that could derail global recovery

[I]  Brazilians taste the first fruits of recovery

[I]  Europe will be big Brexit winner, says German economics minister

[I]  China and South Korea fail to extend $56bn currency swap

[I]  Germany stands firm against EU bank deposit guarantee plan

 

REUTERS

[I]  Trump says open to bilateral Canada, Mexico pacts if NAFTA talks fail

[I]  Trump vows tax plan to boost economy; poll cites views on wealthy

[I]  U.S., Mexican business leaders say no NAFTA better than bad deal

[I]  Trump denies seeking nearly tenfold increase in U.S. nuclear arsenal

[I]  September inflation seen at six-month high: Reuters poll

[I]  Global financial stability has improved, but risks ahead - IMF

 

BLOOMBERG 

[I]  Missile Threats Aren't the Only Problem for South Korean Bonds

[I]  London House-Price Outlook Slides as `Spooked' Buyers Stay Away

[I]  Slowdown Reflects an Investment in India's Future

[I]  `Tax the Rich' Is IMF's Unlikely New Mantra in Fight With Trump

[I]  Singapore's Central Bank Looks Likely to Remain on Hold

[I]  Fed Minutes Show Support for Next Hike Was a Close Call for Some

[I]  Carney Rate Hike Signals Something Rotten in U.K. Economy

[I]  Singapore Home-Sharing Quietly Grows Despite the Rules

[I]  Japan's Fake-Data Scandal Is Likely to Mean an Onslaught of Lawsuits

[I]  Global Regulators Play Bitcoin Whack-a-Mole as Demand Explodes

 

BUSINESS LINE

[I]  Direct tax mop-up rises 15.8% in H1

[I]  The slowdown is official; PM’s panel picks 10 areas to work on

[I]  Basel-III norms: Banks need a breather, says SBI report

[I]  IMF thumbs up to measures to clear up bad loans

[I]  IMF bats for universal basic income idea

[I]  GST rates on upstream oil and gas operations rationalised

[I]  Govt spending in road sector benefits mid-size infra firms

[I]  Mobile wallets to become interoperable within six months; RBI issues final guidelines

 

ECONOMIC TIMES

[I]  India could provide universal basic income of Rs 2,600 a year: IMF

[I]  Direct tax collections jump 16% to Rs 3.86 lakh core in April-September

[I]  IMF pares India’s FY18 growth forecast but sees it regaining ‘fastest-growing’ title in FY19

[I]  Suresh Prabhu seeks cut in large farm subsidies of developed countries at WTO meet

[I]  Not only IMF but OECD and ADB too have lowered India’s growth forecasts: Care Ratings

[I]  Weak banks and corporates leave India vulnerable: IMF

[I]  Inequality increased in China, India and US: IMF

[I]  Factory growth, inflation likely to trend higher: Report

[I]  Modi's economy team meets today for 1st time with these 4 points in mind

[I]  View: Frenzy around falling GDP is taking focus off the real big threat faced by India

[I]  World Bank lowers India's growth forecast

[I]  India September inflation seen at 6-month high: Reuters poll

[I]  India's growth downgrade a blip in much positive long-term picture: IMF

[I]  India remains a top FDI destination in the world: FM Arun Jaitley

[I]  Government plans to ease Aadhaar-mobile linking

 

BUSINESS STANDARD

[I]  PM Modi's economic panel bats for fiscal consolidation

[I]  E-commerce fund-raise may take a break now as firms prepare for payback

[I]  Realtors reject CRISIL's forecast on home sales

[I]  GST: Only 70% file detailed return for July

[I]  Aadhaar introduces dynamic OTP in its app

[I]  GST rates on bunker fuel reduced to 5%; tax set for offshore oil, gas sales

[I]  Centre needs to rationalise centrally sponsored schemes

[I]  Domestic manufacturers welcome price cap on med devices over sales boost

[I]  Operations resume, but Darjeeling tea gardens stare at another crisis

[I]  Account additions in equity mutual funds zoom

 

MARKETS (07:00 am)

[I]  SGX NIFTY Fut: 10019;  USDINR DGCX: 65.----;  DJIA Mini: 22807;  FTSE 100 Fut: 7491;  NIKKEI 225 Fut: 20919;  EUR-USD: 1.1867; Crude Oil (WTI): 51.08;  Gold (Spot): 1293

 

Best Regards, ARBIND

Link to News on http://eco.isead.in/

RSS Feed - http://feeds.feedburner.com/MacroEconomicNews