One basis point is 0.01 percentage point.Replying to a question by reporters during the post-monetary policy press conference, Malhotra said deposit rates should reflect "When inflation is so low and going forward also it's going to be low..., then even though the nominal interest rates may seem to be low...real interest rates today are quite high. So, that's true not only for borrowers but also for savers. And so, we do expect that going forward, especially after this RBI data showed that the cumulative 1 ...

The composition - and independence - of the Federal Reserve in President Donald Trump 's second term continues to dominate Fed watchers' thinking, with the focus right now centered on Governor Lisa Cook and board nominee Stephen Miran.Oracle said on Tuesday it expects booked revenue at its Oracle Cloud Infrastructure business to exceed half a trillion dollars. Shares traded at nearly 50x estimated 12-month forward earnings on Wednesday, the highest since the dotcom crash, when its forward PE topped 120.The ...