Headline equity benchmarks ended sharply lower today as traders stayed cautious following President Donald Trumps tariff hike announcement. On August 6, Trump raised US tariffs on Indian goods from 25 ...

A basis point is one-hundredth of a percentage point. So, a 5 bps cut translates into a 0.05% reduction in the lending rate.

Mumbai: Indian stock markets closed sharply lower on Friday as foreign investors continued to sell heavily and nervousness ...