Search For "basis points"
Wood cost to tear off writing and printing paper margin: Crisil report
Updated : 1 year, 3 months ago IST
Operating margin of writing and printing paper manufacturers is set to contract 400-500 basis points to 15-16 per cent this financial year -- following a similar correction last fiscal from the unusually high level of fiscal 2023 -- driven by costlier hardwood and softwood and softening real
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US stock markets tanked as US federal reserve cuts interest rates by 0.25%
Updated : 1 year, 3 months ago IST
The US Federal Reserve in continuing the rate cut cycle cut the interest rate by 25 basis points, according to an official statement following the key FOMC meeting.
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Domestic gold jewellery industry to continue growth trajectory with 14-18
Updated : 1 year, 3 months ago IST
The robust growth forecast follows an impressive 18 per cent expansion in FY2024, which was primarily driven by rising gold prices despite subdued volume growth. The sharp 900 basis points reduction in import duty on gold, implemented in July 2024, temporarily lowered gold prices, spurring p
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Nifty, Sensex open on cautious note ahead of fed meeting, Experts say year
Updated : 1 year, 3 months ago IST
Indian stock markets started the fresh week on a cautious note on Monday, as both indices declined marginally during the opening session. The US Federal Reserve meeting is set to start on Tuesday, and markets around the globe are expecting a 25 basis points cut.
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Economists reacts to RBIs decision to keep repo rate unchanged and cut CRR
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) kept its key interest rates unchanged on Friday but cut the cash reserve ratio by 50 basis points to bring enough liquidity in the banking system.
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Recovery from stressed roads to rise 700 bps for ARCs this fiscal: CRISIL
Updated : 1 year, 4 months ago IST
Asset reconstruction companies (ARCs) will witness their cumulative recovery rate for stressed road projects rise 700-1,000 basis points (bps) this fiscal after doubling to 50-55 per cent last fiscal, the CRISIL Ratings said in its report.
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EV registrations surge 26 pc YoY to reach 1.1 million units: Report
Updated : 1 year, 4 months ago IST
YTD EV penetration improved by 100 basis points (bps) year-over-year (YoY) to reach 7.6 per cent, with total EV registrations rising 26 per cent YoY to 1.1 million units.
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US Fed cuts rate by 25 basis points, continuing its monetary policy loosen
Updated : 1 year, 4 months ago IST
The latest decision by the Federal Open Market Committee (FOMC) lowers the federal funds rate target to a range of 4.5 per cent to 4.75 per cent.
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Expect interest rate cut by March: PNB CEO Atul Kumar Goel
Updated : 1 year, 4 months ago IST
Considering inflation trends in India, Atul Kumar Goel, Managing Director and Chief Executive Officer of PNB on Tuesday said he expects a 20 to 25 basis points interest rate cut by March 2025.
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Rate cut likely in December amid continued concerns on inflation and geo-p
Updated : 1 year, 5 months ago IST
Joshi said, "This signals circumspection, it also underscores the likelihood of a rate cut in December. The outsized US Federal Reserve rate cut of 50 basis points in September marked complete and a decisive turn in monetary policy among major central banks. Yet, for emerging market peers, d
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RBI's potential 50 bps rate cut will have 15-20 bps impact on bank's net i
Updated : 1 year, 5 months ago IST
If the Reserve Bank of India goes for a potential 50 basis point (bp) cut in the repo rate, it is expected to negatively impact the net interest margins (NIMs) of large private banks by 15-20 basis points, highlighted a report by Nomura.
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Solid domestic demand growth to continue in India for next 2 years: OECD
Updated : 1 year, 6 months ago IST
OECD has also upwardly revised India's GDP growth by 10 basis points and has pegged at 6.7 per cent in 2024-25 and by 20 basis points for 2025-26 at 6.8 per cent.
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