Saturday 18 March 2017


Macro Economic News 18 Mar 2017

 


[I]  Trump and Merkel air differences in tense meeting

[I]  Sharp drop in US emissions keeps global levels flat

[I]  Trump slashes spending on environment and aid

[I]  Theresa May rejects calls for new Scottish referendum

[I]  Washington pushes IMF on Greek bailout

[I]  G20 ministers warn US against rising protectionism

[I]  Spain’s UK expats face Brexit citizenship dilemma

[I]  Markets crude reading of populism distorts view on Europe

 


[I]  China Leads Trade Push Against U.S. as Mnuchin Engages With G-20

[I]  This Movie-Tax Lawyer Might Have Found a Way to Stop Brexit

[I]  Syria Retaliates Against Israeli Airstrikes as Tensions Escalate

[I]  Homebuyers Face Bidding Wars on Scarcer-Than-Ever U.S. Listings

[I]  More Hedge Funds Shut Last Year Than Any Time Since the 2008 Crisis

[I]  Fuel-Conscious U.S. Drivers Crimp OPEC’s Bid to Raise Oil Prices

[I]  Australian Regulator Says Banks Must Boost Adviser Oversight

[I]  Bank of Japan on Hold Falls Further Behind Its Global Peers

 


[I]  Steel prices to strengthen by Rs. 2,000/tonne in April

[I]  Centre seeks nod for additional spend of Rs. 11.35 lakh crore

[I]  Bankruptcy Code to take precedence over GST claims

[I]  Parliamentary panel for regulator in container logistics space

[I]  GST Council looking at options to cut transit time of road cargo

[I]  Rollback provision in new DTAA makes it less taxing for Korean firms in India

[I]  Expect economic reform to be fast-tracked

[I]  Cotton acreage set to rebound in North India

[I]  El Nino may affect September rainfall, says WRMS

[I]  Poor demand crimps banks’ credit growth in Jan-March

 


[I]  40% of US colleges see dip in foreign applicants

[I]  Diamonds may turn cheaper

[I]  Wheat prices edge up as government starts procurement

[I]  Inflation vs wild rupee: RBI’s Patel finds himself between a rock and a hard place

[I]  Centre initiates discussion on farm loan waiver

[I]  BJP government in UP will waive off farm loans: Agriculture Minister

[I]  Government seeks parliament nod for final batch of supplementary grants demand

[I]  Government expects to raise Rs 2,82,212 crore from cess in 2017-18

[I]  Unclaimed dividend of Rs 857 crore lying with companies: Government

[I]  PE investments down 50% in February; deals at 32-month low

[I]  India, Russia hold talks to boost economic cooperation

[I]  Advance pricing agreement with rollback provision from April 1 under India-Korea DTAA

[I]  No proposal to withdraw new Rs 2,000 notes: Arun Jaitley

[I]  GST council clears up to 15 per cent cess on luxury cars

[I]  RBI's mobile wallet interoperability faces a few hurdles

 


[I]  Start-ups yearn for handholding to tide over growth pangs

[I]  Govt portal to keep tabs on antibiotics sales

[I]  Raising tax can be a 'retrograde' method at times: Arun Jaitley

[I]  Govt to conduct field trial of plastic banknotes

[I]  Maharashtra to grow at 9.4% in 2016-17: Economic Survey

[I]  Short-term power sale prices plunge to record low, volume at decade high

[I]  Indian banking sector's stressed loans increase to $147.33 billion

 

 

Best Regards, ARBIND

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

 
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Friday 17 March 2017

Macro Economic News 17 Mar 2017

 


[I]  Trump slashes spending on environment and aid

[I]  Saudi Arabia to restart Egypt oil shipments

[I]  Trump’s words haunt him as travel ban is blocked

[I]  Fat chance for Trump’s skinny budget

[I]  Italian debate on ditching euro grows louder

[I]  Moody’s plays down impact of bank accounting shake-up

[I]  Global markets rise as Fed signals confidence

 


[I]  Singapore's Central Bank Seen Holding Fire as Growth Recovers

[I]  Saudis Study $65 Billion in China Investments

[I]  China May Ease Limits on Foreign Life Insurers

[I]  Bank of Japan on Hold Falls Further Behind Its Global Peers

[I]  China to Relax Trading of Used Cars to Spur New Vehicle Demand

[I]  Japan Stays the Course With Policy Unchanged After U.S. Rate Hike

 


[I]  Sports advertising grows by 19% to Rs. 6,400 crore

[I]  India, Russia discuss free trade pact

[I]  2.5% of GDP on health spend is a realistic target

[I]  GST will give us a rich data base on taxes, says Anant

[I]  Indian markets resilient to absorb US Fed rate hike: FinMin

[I]  Indian bond yields under check after Yellen move

 


[I]  Equal opportunity for differently-abled at work soon

[I]  Top 100 listed companies increase their CSR spend by 25 per cent: IiAS

[I]  Government gives no commitment on farm debt waiver

[I]  Maharashtra's sugar output to be lowest in the decade this year

[I]  Enemy Property Bill to bring windfall of Rs 1 lakh crore for government

[I]  Microfinance pools wobbly; mortgage-based ones unaffected, says Crisil

[I]  Engineering exports may reach over $60 billion this fiscal: Nirmala Sitharaman

[I]  VAT in UAE will not affect trade: Dubai Chamber chairman

[I]  India can lead in global life sciences space: US-India biz body

[I]  India an important business partner of US: Mnuchin

[I]  Overall discrepancy rates rise to 11 per cent in Q4 2016: Report

[I]  80% of world's cities show signs of fragility: Report

[I]  India strong enough to absorb US Fed rate hike: Government

[I]  Crisil blames divergent growth dataprints for WPI-CPI variance

[I]  CAG slams Income Tax dept for selectively picking up cases

 


[I]  GST Council caps cess on luxury goods at 15%

[I]  Advance tax mop-up rises only 6% in Q4

[I]  Securitised vehicle finance pools make sharp rebound: CRISIL

[I]  FDI cap tweak in print media in the works

[I]  Economists see no rate cut by RBI in 2017

[I]  Low bids hurt IRR of solar power developers, aggressive bids to continue

[I]  Policy seeks to raise health spend to 2.5% of GDP

 

MARKETS (7.50 am)

[I]  SGX NIFTY Fut: 9196;  USDINR DGCX: 65.4525;  DJIA Mini Fut: 20878;  FTSE 100 Fut: 7416;  NIKKEI 225 Fut: 19510;  EUR-USD: 1.0772; Crude Oil (WTI): 48.85;  Gold (Spot): 1227

 

Best Regards, ARBIND

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

 
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Thursday 16 March 2017

Macro Economic News 16 Mar 2017

 


[I]  Dutch vote in test of populism in Europe

[I]  Fed increases interest rates as inflation looms

[I]  Trump’s ‘America First’ budget to propose deep cuts

[I]  Kenya president seeks cut in public sector wages

[I]  Trump backs plan to boost Saudi investment in US

[I]  Merkel considers ban on rallies by Turkish politicians

[I]  China poised to top global corporate patents

[I]  Abenomics hit by Japan’s meagre wage rises

[I]  US regulator unveils derivatives rules revamp

[I]  Central banks find German two-year debt irresistible

[I]  Weak demand in Europe and Japan will curb inflation

 


[I]  Yellen Calms Fears Fed's Policy Trigger Finger Is Getting Itchy

[I]  The Next RBA Rate Increases Will Have Triple the Force of 90s Hikes

[I]  Saudis Dial Back on Oil Supply Cuts to Add Storage at Home

[I]  Oil at $40 No Problem as U.S. Drillers Snub OPEC With Hedges

[I]  Pound Goes From Slumber to Excitement at London Dawn on Fixing

[I]  Aussie Jobless Rate Unexpectedly Jumps to 5.9%; Currency Drops

[I]  The Reflation Trade Is Dead, Long Live the Reflation Trade

[I]  Chinese Treasury Holdings Dip in January Amid Capital Flight

[I]  Singapore's February Home Sales Triple From Year Ago on Demand

 


[I]  GST Council to take up State and UT Bills today

[I]  Cabinet approves 2% DA hike for Central govt staff, pensioners

[I]  Govt working on policy to incentivise enhanced oil recovery, says Pradhan

[I]  Awareness drive: MFs allowed to use celebrity endorsement

[I]  Cotton trade may soon have uniform unit of measurement

[I]  Wheat prices up as govt starts buying

[I]  India’s veg oil imports rise 17 per cent in February

[I]  NPAs seen declining in Q4: Finance Minister

 


[I]  P-note investment climbs to Rs 1.75 lakh cr at Jan-end

[I]  Import of vegetable oils rises 17% YoY during February

[I]  Government to link 400 mandis on electronic trade platform this month

[I]  Digital transactions to touch Rs 4 cr/day this year: Ravi Shankar Prasad

[I]  Loan repayments witnessed v-shaped recovery 3 months after note ban: Crisil study

[I]  Exports jump 17% to $24.5 billion in February; trade deficit widens

[I]  India, Russia to talk FTA, ways to up bilateral trade

[I]  Government launches new scheme for developing export-linked infrastructure

[I]  Wary of Rupee’s wild ways, RBI intensifies moves to discipline banks

[I]  Regulatory changes planned to enhance protection for online shoppers

[I]  Currency in circulation rises 13.5% between February 10 and March 10

[I]  Divergent WPI, CPI explains non-alignment of manufacturing GDP and IIP: Crisil

[I]  Govt asks RBI to link FCRA a/c with PFMS for easy monitoring

 


[I]  India Inc's dividend pay at record high

[I]  M&A deals in payments sector pick up steam in 2016

[I]  New scheme for funding trade infra launched

[I]  National Health Policy gets Cabinet nod

[I]  Oil Ministry to launch second round of small field auction in 2017-18

[I]  Govt to present fresh consumer protection Bill

[I]  Government mulls PFRDA's soft compulsion pension plans

[I]  Govt to consider more oversight panels for NPAs, says Jaitley

[I]  Changes in rail tariffs only after regulator in place

[I]  Farm loan waivers upset credit discipline: SBI chairman

[I]  Centre mulls limiting cash deals at Rs 50,000 in bullion

[I]  TN makes Aadhaar, PAN, mobile number mandatory for new vehicle registration

 

MARKETS (7.45 am)

[I]  SGX NIFTY Fut: 9178;  USDINR DGCX: 65.3625;  DJIA Mini Fut: 209331;  FTSE 100 Fut: 7401;  NIKKEI 225 Fut: 19570;  EUR-USD: 1.0731; Crude Oil (WTI): 49.16;  Gold (Spot): 1225

 

Best Regards, ARBIND

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

 
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