Top Stories (21/09/2016)
ICICI Prudential Life's Rs 6057-cr IPO oversubscribed 10.5 times The Rs 6,057-crore IPO of ICICI Prudential Life Insurance Company has oversubscribed 10.47 times on Wednesday, the last day of subscription.
Fed survey: 90% expect Fed to hold rates for now
BOJ sets long-term rate target in major policy overhaul Among the changes, the Bank of Japan (BOJ) said it would make yield curve control a centerpiece of its new policy framework, by a seven-to-two vote, Reuters reported. It said it would buy 10-year JGBs so that the yield would hover around zero percent, Reuters reported.
CAD narrows to USD 300mn in Q1 on massive import contraction The current account deficit (CAD) narrowed sharply to just USD 300 million, or 0.1 percent of GDP, in the June quarter, driven by lower trade deficit on deeper import contraction, the Reserve Bank said today.
Source: Moneycontrol
Fed survey: 90% expect Fed to hold rates for now
BOJ sets long-term rate target in major policy overhaul Among the changes, the Bank of Japan (BOJ) said it would make yield curve control a centerpiece of its new policy framework, by a seven-to-two vote, Reuters reported. It said it would buy 10-year JGBs so that the yield would hover around zero percent, Reuters reported.
CAD narrows to USD 300mn in Q1 on massive import contraction The current account deficit (CAD) narrowed sharply to just USD 300 million, or 0.1 percent of GDP, in the June quarter, driven by lower trade deficit on deeper import contraction, the Reserve Bank said today.
Source: Moneycontrol
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