Search For "basis points"
US Fed Governor Bowman says another "similarly-sized" rate hike needed to
Updated : 3 years, 7 months ago IST
Colorado [US], August 8 (ANI): The US Federal Reserve Governor Michelle W. Bowman said another "similarly-sized" - 75 basis points -- increase in key interest rates should be on the table until the economy sees inflation declining in a "consistent, meaningful, and lasting way".
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Canara Bank hikes lending rate by 50 basis points
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 6 (ANI): Canara Bank has decided to hike its repo rate linked lending rate by 50 basis points or 0.50 per cent to 8.30 per cent with effect from August 7.
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Sensex closes 89 points higher as RBI hikes policy repo rate by 50 bps
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The Indian stock market's benchmark Sensex closed 89 points higher in a volatile session on Friday after the Reserve Bank of India (RBI) hiked the policy repo rate by 50 basis points to tame inflation.
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RBI Governor says, 50 bps rate hike is the new normal across the world
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said 50 basis points or 0.50 per cent hike in policy rates has become a new normal for the central banks across the world.
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RBI hikes repo rate for third time: Here's what experts have to say
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India (RBI) has decided to raise the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation. Today's hike takes the repo rate above pre-pandemic level
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RBI Monetary Policy: Latest hike takes repo rate above pre-pandemic levels
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India has unanimously decided to raise the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation. Today's hike takes the repo rate above pre-pande
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RBI raises repo rate by 50 bps to cool inflation, 3rd hike in row
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India has raised the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation.
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RBI set to hike policy rates for the third time in a row to tame inflation
Updated : 3 years, 7 months ago IST
New Delhi [India], August 4 (ANI): The Reserve Bank of India is likely to hike the policy repo rate by 25 to 50 basis points on Friday, the third hike since the beginning of the current financial year, in order to tame the inflationary pressure.
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RBI may raise repo rate by 35 basis points in upcoming policy meet: Report
Updated : 3 years, 8 months ago IST
New Delhi [India], July 29 (ANI): In line with the global trend of monetary policy tightening to cool off inflation, the Reserve Bank of India (RBI) in its upcoming monetary policy meeting is expected to hike the repo rate by 35 basis points, said global information service provider S&P
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US Fed raises interest rates by 75 basis points, hints another "large" hik
Updated : 3 years, 8 months ago IST
Washington [US], July 28 (ANI): In the backdrop of an over four-decade high inflation, the US Federal Open Market Committee has raised its key policy interest rate by 75 basis points to 2.25-2.50 per cent, anticipating that the increase in the interest rates will be "appropriate".
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US Fed's policy meet to be in focus this week: S&P Global Market Intel
Updated : 3 years, 8 months ago IST
New Delhi [India], July 25 (ANI): The US Fed's upcoming monetary policy meeting is set to dominate headlines this week with a 75-100-basis points interest rate hike likely. Inflation approaching double-digits has prompted the US central bank to take a tougher stance.
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Rising input costs to hurt profitability of Indian pharma sector in 2022-2
Updated : 3 years, 8 months ago IST
New Delhi [India], July 19 (ANI): Faced with rising prices of active pharmaceutical ingredients (APIs), and other key inputs coupled with a rise in freight and energy costs, the operating profitability of Indian pharmaceutical companies is expected to decline by 200-250 basis points (or 2.5
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