Thursday, March 7, 2013

Economic update

Credit & Deposit growth of Indian Banks weakning

More flexible Yuan is expected in 2013 as indicated by Chinese central Bank

Central Bank Rate meeting - BOJ , ECB & BOE

Reduction of withholding Tax applicable on Foreign entities investing in Debt is expected

SENSEX has bounced back and recovered the points lost post Budget - based on Global Equity rally

Japans NIKEI has touched 4 and half years high assuming Economy recovery and DOW JONES touched all time high

Bank of canada has kept its policy rate unchanged at 1% for the ninetenth consecutive time

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