National

Bank of Japan decides to reduce government bond buying

Jun 14, 2024

Tokyo [Japan], June 14: The Bank of Japan (BOJ) on Friday decided to reduce its government bond buying, in a further step toward policy normalisation after years of massive monetary stimulus to achieve stable inflation, reported Kyodo News.
At the end of a two-day policy meeting, the BOJ made no change to its policy rate, as widely expected, guiding it in a range of zero and 0.1 percent.
Source: Emirates News Agency

More news

H.M. Electro Mech Limited Net Profit in FY25 rise 4.25% to Rs. 8.35 crore

New Delhi [India], June 7: H.M. Electro Mech Limited, engaged in the field of turnkey projects of supply, installation, testing and commissioning of pumping machineries along with comprehensive operation and maintenance has reported net profit of Rs. 8.35 crore for the financial year ended March 2025, rise of 4.25% as compared to the net profit of Rs. 8.01 crore reported in the financial year 2023-24. Revenue from operations of the company for the FY25 was reported at Rs. 121.67 crore, rise of 3.96% Y-o-Y as compared to the revenue from operations of Rs. 117.03 crore.

Jun 07, 2025