Saturday, 29 April 2017
Macro Economic News 29 Apr 2017
FINANCIAL TIMES
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North Korea tests missile as US calls for sanctions
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US suffers weakest first-quarter growth in 3 years
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Chinese TV drama brings corruption out of shadows
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Trump renews US threat to withdraw from Nafta
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Draghi fends off German critics and keeps stimulus
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EU holds off halting Turkey membership talks
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Trump’s tax plan favours wealthiest Americans
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EU prepares for post-Brexit united Ireland membership
BLOOMBERG
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New Yorkers Flock to Booming Sun Belt as Trek South Resumes
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U.S. Economy Grew 0.7% in First Quarter, Slowest in Three Years
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Galleries for the Super-Rich Turn to Populist Revolt Art
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Top Chinese Entrepreneurs Give Their Advice to the Next Generation
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How Trump and Brexit Could Change Global Bank Rules
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With the French Run-Off Looming, Macron Still Has a Lot to Learn
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Japan Data Deluge Points to Economic Growth, Weak Inflation
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JPMorgan Warns of 'High Uncertainty' as Topix Turns Best in Asia
BUSINESS LINE
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US places India yet again on IPR ‘priority watch’ list
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Wanted: a ‘Preferential Purchase Policy’ for medical devices
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Gold sales better than last year, say jewellers
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Informal ministers’ group to redefine MSMEs
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Cyprus seeks India’s help in resolving territorial dispute with Turkey
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Consumers entitled to benefits of lower taxes on items: Jaitley
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Don’t publish personal data, Aadhaar numbers of taxpayers: CBDT to officials
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NITI Aayog bats for more nuclear capacity
ECONOMIC TIMES
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Big rate changes unlikely under GST, consumers to gain: FM Jaitley
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India's forex reserves rise $1.2 billion to hit $371 billion
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PE investments fall to 33-month low at $2.1 billion
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Exports may touch $325 billion in 2017-18: PHD Chamber
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Rupee should not become too strong, says CEA Arvind Subramanian
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India can lead globally by improving manufacturing: Arun Jaitley
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Make riding quality a key part of highway development contracts: Niti Aayog
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States need to distinguish between rich and poor farmers: CEA Arvind Subramanian
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RBI deputy governor Viral Acharya suggests privatising some lenders
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Centre asks states to simplify compliance procedures for MSMEs
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NITI Aayog bats for moderate tax, less discretionary powers
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India to enter 8 per cent growth trajectory in 2-3 years: Niti Aayog
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Strong India-China partnership key for global growth: IMF
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Reduce import duty on gold, says Niti Aayog
BUSINESS STANDARD
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Gold shines brighter on Akshaya Tritiya, demand surges 30%
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Taxing agri income: Distinction between rich, poor farmers needed, says CEA
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RBI Deputy Guv Viral Acharya calls for privatising some banks
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Smartphone shipments to India up 15% in March quarter
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India on track to knock Britain out of world's top 5 economies
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Credit to industry shrinks 1.9% in Mar 17
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Sebi Chief Ajay Tyagi bats for better corporate governance norms
Best Regards, ARBIND
Link to News on http://ECO.arbind.in/
Friday, 28 April 2017
Macro Economic News 28 Apr 2017
FINANCIAL TIMES
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Trump renews US threat to withdraw from Nafta
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Jimmy Carter asked to steer clear of North Korea
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Draghi fends off German critics and keeps stimulus
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Chinese money market fund becomes world’s biggest
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Palestinian Authority cuts Gaza electricity in Hamas battle
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Renzi faces sterner test if he wins party leadership race
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US car sales slow while Europe picks up
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Time to reconsider ‘sell in May and go away’
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Iraq to break with tradition in debut oil auction
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Central banks show little sign of exiting
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Shale revolution casts shadow over longer-dated US oil futures
BLOOMBERG
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Trump Knows Striking North Korea Is Last Resort, McCain Says
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Putin Warns North Korea Situation Has ‘Seriously Deteriorated’
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Japan Data Deluge Is Pointing to Economic Growth, Weak Inflation
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CEOs Salivate Over Trump's Tax-Cut Plans, Vague as They May Be
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The Cheap Energy Revolution Is Here, and Coal Won’t Cut It
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China’s $290 Billion New Area Lifts Hope for Better Cities
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India on Track to Knock Britain Out of World's Top 5 Economies
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ECB's Draghi Says Recovery Is Solid and Broad
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Trump Says Nafta Pullout Still Possible If Renegotiation Fails
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How China's Capital Controls Make Bond Market Fragile
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Korea Inc. Ready to Kill Major Reforms No Matter Who Wins Vote
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Hermes Is Hiring to Meet a Surge in Demand From Asia
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Sky-High Asset Valuations a Concern for Hong Kong's Regulator
BUSINESS LINE
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NPPA allays fears on stent supplies, gathers data on 23 other devices
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PM flags off first flight under UDAN which allows people to fly at Rs. 2,500
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Govt aims to bring down patent examination time to 18 months
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Turkey President coming with 150-strong biz team
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With new tax pact in place, India and Cyprus hope for increase in bilateral investments
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NITI Aayog for more budgetary allocation for health, agriculture, rural development
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India takes centrestage as vehicle exports grow
ECONOMIC TIMES
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Petty corruption on decline; bribe paid as low as Rs 10
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Trump tax cut caution, ECB meeting cools risk rally
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Indian companies bullish on spending, investing in 2017: Survey
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Niti Aayog pegs GDP to grow 8%; bats for agriculture, tax reforms
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Carefully crafted policies unlock investments in infrastructure: Nitin Gadkari
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Government deliberating on fiscal year change, weighing pros and cons
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Working to cut patent examination time to 18 months: Nirmala Sitharaman
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Government encouraging self-registration for GST
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13,000 inactive companies come under government lens
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India may go slow on Bangladesh-Bhutan-India-Nepal Motor Vehicle Agreement
BUSINESS STANDARD
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Changing job market: Robots kick-start race for skills at the workplace
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Rupee's bull run may end soon: Bankers & CFOs
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Govt finds only 1.42% MGNREGA job cards fraudulent
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Centre in favour of fiscal watchdog
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Land acquisition act has made urban land costly: NITI Aayog
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NITI Aayog bats for continued labour reforms
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7th Pay Commission: Lavasa panel on allowances submits report to Jaitley
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No proposal to extend price cap to other medical devices, says NPPA chief
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Parliamentary standing committee looks into watering down of RERA by states
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India one of the best places for global realty investments: Report
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RBI prescribes rules for chief risk officers in banks
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BIS proposes compulsory registration for selling hallmarked jewellery
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Now, you can withdraw EPF money for treatment without doctor certificate
MARKETS (6.30 am)
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SGX NIFTY Fut: 9354;
USDINR DGCX: 64.3300;
DJIA Mini Fut: 20900;
FTSE 100 Fut: 7193;
NIKKEI 225 Fut: 19239;
EUR-USD: 1.0860; Crude Oil (WTI): 49.21;
Gold (Spot): 1265
Best Regards, ARBIND
Link to News on http://ECO.arbind.in/
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