In a widely expected decision, the BOJ ditched a policy put in place since 2016 that applied a 0.1% charge on some excess reserves financial institutions parked with the central bank
“I believe God has chosen me,” Narendra Modi had once said in the course of the election campaign that has catapulted the Gujarat chief minister to the very pinnacle of power as the next prime minister of India. His words sounded prophetic Friday as the Bharatiya Janata Party won an absolute majority on its own, securing a record number of 282 seats in the Lok Sabha, and in the process reducing the Congress to its lowest number in the house. (Read More)