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TANKANTanki Keizai Kansoku Chousa
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There are several localities located near the railway level crossing at Basti Tankan Wali including Vikas Vihar, Dashmesh Nagar, Braham Nagri, Friends Colony, Rose Avenue besides others and innumerable commuters have to cross the crossing daily.
The Tankan survey for the April-June quarter showed confidence among large manufacturers stood at plus 12, well short of market expectations, after hitting a more than six-year high of plus 17 in the preceding quarter.
The dollar edged up to the mid-99 yen range when the Tankan survey's headline index measuring sentiment among large manufacturers showed a second consecutive quarterly improvement.
Pessimism sets in The BOJ's tankan survey for the April-June quarter showed big manufacturers had turned pessimistic about business conditions for the first time since the global financial crisis, though they expect improvement in the coming months.
The Reuters Tankan, a monthly poll that tracks the quarterly central bank survey of the same name, showed confidence among big manufacturers - key drivers of growth in Japan - fell to a five-year low this month.
Although the Tankan is a reliably explosive market mover, the surprise leap to +11 did not produce the sort of rally that many expected.
Stocks drew support as the Tankan report released shortly before the opening bell showed business confidence among large Japanese manufacturers sharply improved in June from three months earlier, brokers said.
Japan's Tankan Survey revealed that large manufacturers' economic expectations improved for the second consecutive quarter in the three months to September, with the forward-looking Outlook gauge rising to -21, the highest in a year.
This Tankan clearly showed that the Japanese economy is literally faced with the worst recession in the nation's post-war history,' said Hideki Matsumura, a senior analyst at the Japan Research Institute.
Reflecting the improvement in business sentiment, the September tankan survey showed the diffusion index of business sentiment among large manufacturers at plus one, turning positive for the first time in two years and nine months.
24 Kyodo The Bank of Japan (BOJ) said Thursday it will revise the sampling formula for its Tankan quarterly survey of business sentiment, starting with the next survey to be conducted in March 1999.