CINXE.COM

<!DOCTYPE html><html xmlns:xslthelper="com.times.utils.xslthelper.XMLHelper" xmlns:xhtml="http://www.w3.org/1999/xhtml" xmlns:valurl="com.times.utilities.CMSWebUtility" xmlns:listval="com.indiatimes.cms.utilities.CMSDateUtility" xmlns:java="java" xmlns:g="http://base.google.com/ns/1.0" class="no-js" lang="en"><head><META http-equiv="Content-Type" content="text/html; charset=UTF-8"><meta http-equiv="Content-Type" content="text/html; charset=UTF-8"><title>What is Base Rate? Definition of Base Rate, Base Rate Meaning - The Economic Times</title><meta http-equiv="Last-Modified" content="25 Nov,2024 0855hrs IST"><meta name="description" content="Base Rate definition - What is meant by the term Base Rate ? meaning of IPO, Definition of Base Rate on The Economic Times."><script> function errorLogs(data, fallback) { if(data && window.location.search.indexOf('utm_source') == -1) { try { var o = window.location.origin, isLive = (o.indexOf('dev') == -1 && o.indexOf('pwa') == -1 ? 1 : 0), url = data.href || data.src || '', type = (data.localName || data.tagName) + (data.attributes.fallbackfile ? ' fallbackfile': ''), ua = window.navigator && window.navigator.userAgent; var logdata = "logdata=" + JSON.stringify({mode: (isLive ? 'modeLive' : 'modeDev'), channel:'Error_desktop', type:type, data:encodeURIComponent(url), userAgent: ua, url: window.location.href}); var xhr = new XMLHttpRequest(); xhr.withCredentials = true; xhr.open("POST", "https://etx.indiatimes.com/log?et=errorLogs"); xhr.setRequestHeader("Content-Type", "application/x-www-form-urlencoded"); xhr.send(logdata); var fpArr = url.split('.com'), fp = fpArr[1], ft = fp.indexOf('js_') != -1 && 'js' || fp.indexOf('css_') != -1 && 'css'; !fallback && loadAssets(ft, fp); } catch (e) {} } } function loadAssets(t, f) { //f = f + (f.indexOf('?')!=-1?'&':'?')+'ref=fallbackFile' if (t=="js"){ var fileref=document.createElement('script') fileref.setAttribute("type","text/javascript") fileref.setAttribute("src", f) } else if (t=="css"){ var fileref=document.createElement("link") fileref.setAttribute("rel", "stylesheet") fileref.setAttribute("type", "text/css") fileref.setAttribute("href", f) } if (typeof fileref!="undefined"){ fileref.setAttribute("fallbackfile", "1") fileref.setAttribute("onerror", "errorLogs(this, 1)") document.getElementsByTagName("head")[0].appendChild(fileref) } } </script><style>@font-face{font-family:'Faustina';font-display:swap;src:url('https://economictimes.indiatimes.com/fonts/faustina-v6-latin-regular.eot');src:url('https://economictimes.indiatimes.com/fonts/faustina-v6-latin-regular.woff2') format('woff2'),url('https://economictimes.indiatimes.com/fonts/faustina-v6-latin-regular.eot') format('embedded-opentype'),url('https://economictimes.indiatimes.com/fonts/faustina-v6-latin-regular.woff') format('woff'),url('https://economictimes.indiatimes.com/fonts/faustina-v6-latin-regular.ttf') format('truetype'),url('https://economictimes.indiatimes.com/fonts/faustina-v6-latin-regular.svg') format('svg');font-weight:400;font-style:normal} @font-face{font-family:'Faustina';font-display:swap;src:url('https://economictimes.indiatimes.com/fonts/faustina-v6-latin-700.eot');src:url('https://economictimes.indiatimes.com/fonts/faustina-v6-latin-700.woff2') format('woff2'),url('https://economictimes.indiatimes.com/fonts/faustina-v6-latin-700.eot') format('embedded-opentype'),url('https://economictimes.indiatimes.com/fonts/faustina-v6-latin-700.woff') format('woff'),url('https://economictimes.indiatimes.com/fonts/faustina-v6-latin-700.ttf') format('truetype'),url('https://economictimes.indiatimes.com/fonts/faustina-v6-latin-700.svg') format('svg');font-weight:700;font-style:normal} @font-face{font-family:'Montserrat';font-display:swap;src:url('https://economictimes.indiatimes.com/fonts/faustina-v6-latin-regular.eot');src:url('https://economictimes.indiatimes.com/fonts/montserrat-v14-latin-regular.woff2') format('woff2'),url('https://economictimes.indiatimes.com/fonts/montserrat-v14-latin-regular.eot') format('embedded-opentype'),url('https://economictimes.indiatimes.com/fonts/montserrat-v14-latin-regular.woff') format('woff'),url('https://economictimes.indiatimes.com/fonts/montserrat-v14-latin-regular.ttf') format('truetype'),url('https://economictimes.indiatimes.com/fonts/montserrat-v14-latin-regular.svg') format('svg');font-weight:400;font-style:normal} @font-face{font-family:'Montserrat';font-display:swap;src:url('https://economictimes.indiatimes.com/fonts/montserrat-v14-latin-700.eot');src:url('https://economictimes.indiatimes.com/fonts/montserrat-v14-latin-700.woff2') format('woff2'),url('https://economictimes.indiatimes.com/fonts/montserrat-v14-latin-700.eot') format('embedded-opentype'),url('https://economictimes.indiatimes.com/fonts/montserrat-v14-latin-700.woff') format('woff'),url('https://economictimes.indiatimes.com/fonts/montserrat-v14-latin-700.ttf') format('truetype'),url('https://economictimes.indiatimes.com/fonts/montserrat-v14-latin-700.svg') format('svg');font-weight:700;font-style:normal}</style><link onerror="errorLogs(this)" type="text/css" rel="stylesheet" href="https://economictimes.indiatimes.com/css_main/v-148,minify-1.cms"><link onerror="errorLogs(this)" type="text/css" rel="preload" as="style" onload="this.rel='stylesheet'" href="https://economictimes.indiatimes.com/css_common_new/v-308,minify-1.cms"><noscript><link rel="stylesheet" href="https://economictimes.indiatimes.com/css_common_new/v-308,minify-1.cms"></noscript><link rel="stylesheet" href="https://economictimes.indiatimes.com/css_definition_show.cms?v=32"><meta content="117787264903013" property="fb:app_id"><meta content="556964827" property="fb:admins"><script> var boomrScriptUrl = window.location.href.indexOf("https://epaper.indiatimes.com/") != -1 ? "//c.go-mpulse.net/boomerang/U875R-7VB8A-84RST-B5TW4-GFWW6" : "//c.go-mpulse.net/boomerang/KY9J6-H7E3C-JE2Z4-GP844-RCBW6"; (function(){if(window.BOOMR&&(window.BOOMR.version||window.BOOMR.snippetExecuted)){return}window.BOOMR=window.BOOMR||{};window.BOOMR.snippetStart=(new Date).getTime();window.BOOMR.snippetExecuted=true;window.BOOMR.snippetVersion=14;window.BOOMR.url=boomrScriptUrl;var e=document.currentScript||document.getElementsByTagName("script")[0],a=e.parentNode,s=false,t=3e3;function n(){if(s){return}var e=document.createElement("script");e.id="boomr-scr-as";e.src=window.BOOMR.url;e.async=true;a.appendChild(e);s=true}function o(e){s=true;var t,o=document,n,i,d,r=window;window.BOOMR.snippetMethod=e?"if":"i";n=function(e,t){var n=o.createElement("script");n.id=t||"boomr-if-as";n.src=window.BOOMR.url;BOOMR_lstart=(new Date).getTime();e=e||o.body;e.appendChild(n)};if(!window.addEventListener&&window.attachEvent&&navigator.userAgent.match(/MSIE [67]\./)){window.BOOMR.snippetMethod="s";n(a,"boomr-async");return}i=document.createElement("IFRAME");i.src="about:blank";i.title="";i.role="presentation";i.loading="eager";d=(i.frameElement||i).style;d.width=0;d.height=0;d.border=0;d.display="none";a.appendChild(i);try{r=i.contentWindow;o=r.document.open()}catch(e){t=document.domain;i.src="javascript:var d=document.open();d.domain='"+t+"';void 0;";r=i.contentWindow;o=r.document.open()}if(t){o._boomrl=function(){this.domain=t;n()};o.write("<bo"+"dy onload='document._boomrl();'>")}else{r._boomrl=function(){n()};if(r.addEventListener){r.addEventListener("load",r._boomrl,false)}else if(r.attachEvent){r.attachEvent("onload",r._boomrl)}}o.close()}var i=document.createElement("link");if(i.relList&&typeof i.relList.supports==="function"&&i.relList.supports("preload")&&"as"in i){window.BOOMR.snippetMethod="p";i.href=window.BOOMR.url;i.rel="preload";i.as="script";i.addEventListener("load",n);i.addEventListener("error",function(){o(true)});setTimeout(function(){if(!s){o(true)}},t);BOOMR_lstart=(new Date).getTime();a.appendChild(i)}else{o(false)}function d(e){window.BOOMR_onload=e&&e.timeStamp||(new Date).getTime()}if(window.addEventListener){window.addEventListener("load",d,false)}else if(window.attachEvent){window.attachEvent("onload",d)}})(); </script><link href="/manifest.cms" rel="manifest"><link href="https://www.google-analytics.com" rel="preconnect"><link href="https://connect.facebook.net" rel="preconnect"><link href="https://cm.g.doubleclick.net" rel="preconnect"><link href="https://googleads.g.doubleclick.net" rel="preconnect"><link href="https://googleads.g.doubleclick.net" rel="preconnect"><link href="https://img.etimg.com" rel="preconnect"><link href="https://sb.scorecardresearch.com" rel="preconnect"><link href="https://ade.clmbtech.com" rel="preconnect"><link href="https://www.googletagservices.com" rel="preconnect"><link href="https://ads.pubmatic.com" rel="preconnect"><link href="https://securepubads.g.doubleclick.net" rel="preconnect"><link href="https://static.clmbtech.com" rel="preconnect"><link href="//www.google-analytics.com" rel="dns-prefetch"><link href="//connect.facebook.net" rel="dns-prefetch"><link href="//cm.g.doubleclick.net" rel="dns-prefetch"><link href="//googleads.g.doubleclick.net" rel="dns-prefetch"><link href="https://img.etimg.com" rel="dns-prefetch"><link href="//sb.scorecardresearch.com" rel="dns-prefetch"><link href="https://ade.clmbtech.com" rel="dns-prefetch"><link href="https://jssocdn.indiatimes.com" rel="dns-prefetch"><link href="https://jsso.indiatimes.com" rel="dns-prefetch"><link href="https://static.growthrx.in" rel="dns-prefetch"><link as="script" fetchpriority="high" rel="preload" href="https://assets.toiimg.com/js/til_prebid.js?v=14"><link as="script" fetchpriority="high" rel="preload" href="https://c.amazon-adsystem.com/aax2/apstag.js"><link href="/fonts/montserrat-v14-latin-regular.woff2" crossorigin="anonymous" type="font/woff2" as="font" rel="preload"><link href="/fonts/faustina-v6-latin-700.woff2" crossorigin="anonymous" type="font/woff2" as="font" rel="preload"><link href="/fonts/montserrat-v14-latin-700.woff2" crossorigin="anonymous" type="font/woff2" as="font" rel="preload"><script>window.pageLoadStarted = (new Date()).getTime();</script><link href="https://economictimes.indiatimes.com/js_jquery351/v-8.cms" rel="preload" as="script"><link href="https://economictimes.indiatimes.com/js_common_new/v-863,minify-1.cms" rel="preload" as="script"><meta content="21540067693" property="fb:pages"><link href="https://economictimes.indiatimes.com/icons/etfavicon.ico" type="image/x-icon" rel="shortcut icon"><link href="https://economictimes.indiatimes.com/thumb/width-120,height-120,msid-75267040/et.jpg" rel="apple-touch-icon"><link href="https://c.amazon-adsystem.com" rel="dns-prefetch"><link crossorigin="anonymous" href="https://c.amazon-adsystem.com" rel="preconnect"><meta content="index,follow" name="robots"><meta name="viewport" content="width=device-width, initial-scale=1.0"><meta content="117787264903013" property="fb:app_id"><meta content="556964827" property="fb:admins"><meta content="What is Base Rate? Definition of Base Rate, Base Rate Meaning - The Economic Times" property="og:title"><meta content="Base Rate definition - What is meant by the term Base Rate ? meaning of IPO, Definition of Base Rate on The Economic Times." property="og:description"><meta content="The Economic Times" property="og:site_name"><meta content="website" property="og:type"><meta content="https://economictimes.indiatimes.com/definition/base-rate" property="og:url"><meta content="https://economictimes.indiatimes.com/thumb/width-120,height-120,msid-75267040/et.jpg" property="og:image"><link href="https://economictimes.indiatimes.com/thumb/width-120,height-120,msid-75267040/et.jpg" rel="image_src"><meta content="https://economictimes.indiatimes.com" name="website"><meta content="website" name="object_type"><meta value="summary_large_image" name="twitter:card"><meta value="@EconomicTimes" name="twitter:site"><meta content="https://economictimes.indiatimes.com/definition/base-rate" name="twitter:url"><meta content="What is Base Rate? Definition of Base Rate, Base Rate Meaning - The Economic Times" name="twitter:title"><meta content="Base Rate definition - What is meant by the term Base Rate ? meaning of IPO, Definition of Base Rate on The Economic Times." name="twitter:description"><meta content="https://economictimes.indiatimes.com/thumb/width-120,height-120,msid-75267040/et.jpg" name="twitter:image"><meta name="website" content="https://economictimes.indiatimes.com"><meta content="website" name="object_type"><meta itemprop="name" content="What is Base Rate? Definition of Base Rate, Base Rate Meaning - The Economic Times"><meta itemprop="description" content="Base Rate definition - What is meant by the term Base Rate ? meaning of IPO, Definition of Base Rate on The Economic Times."><meta itemprop="image" content="https://economictimes.indiatimes.com/thumb/width-120,height-120,msid-75267040/et.jpg"><meta value="summary" name="twitter:card"><meta value="@EconomicTimes" name="twitter:site"><meta name="twitter:url" content="https://economictimes.indiatimes.com/definition/base-rate"><meta name="twitter:title" content="What is Base Rate? Definition of Base Rate, Base Rate Meaning - The Economic Times"><meta name="twitter:description" content="Base Rate definition - What is meant by the term Base Rate ? meaning of IPO, Definition of Base Rate on The Economic Times."><meta name="twitter:image" content="https://economictimes.indiatimes.com/thumb/width-120,height-120,msid-75267040/et.jpg"><link media="handheld" rel="alternate" href="https://m.economictimes.com/definition/base-rate"><link media="only screen and (max-width: 640px)" rel="alternate" href="https://m.economictimes.com/definition/base-rate"><link rel="canonical" href="https://economictimes.indiatimes.com/definition/base-rate"><link rel="amphtml" href="https://m.economictimes.com/definition/base-rate/amp"><script>(function() {var lh = location.host; if(lh.indexOf('economictimes.com') == -1 && lh.indexOf('india'+'times'+'.com') == -1 && lh.indexOf('archive'+'.org') == -1 && lh.indexOf('webcache' + '.googleusercontent'+ '.com') == -1) { window.location.href = 'https' + '://' + 'economictimes' + '.indiatimes.'+ 'com' + '?frmref=' + location.host }})()</script><script> function getCookie(n) {var ne = n + "=", ca = document.cookie.split(';');for (var i=0;i< ca.length;i++){ var c = ca[i]; while (c.charAt(0) == ' ') c = c.substring(1, c.length); if (c.indexOf(ne) == 0) return c.substring(ne.length, c.length); } return null; } var objVc = {env:'live',version_on:'2024.11.25 08:50',version_ip:'172.29.13.68 - 2024-11-25 08:50:52.040',vcLScacheTime:'10',js_etsubscription:'3',js_onboarding_popup_sh:'14',css_common_new:'308',css_stockreports:'40',js_comments:'115',js_googleslock:'782',js_userprofile_dynamic:'23',userprofilepopup_onoff:'1',js_googlelogin:'83',js_common_buydirect:'754',js_bookmark:'24',js_follow:'13',js_watchlist_new:'8',js_et_technicalchart:'8',js_highstocks:'1',js_highcharts:'4',js_highcharts3d:'2',js_googlecharts:'1',js_sr_search:'1',js_ask_the_expert_crypto:'16',js_socialdatacapture_min:'137',js_articleshow_main:'344',css_articleshow_new:'173',js_login:'117',js_datepicker:'2',js_push:'62',js_athena_distribution:'42',js_athena_distribution_wap:'32',js_slikeplayernew:'37',js_audioplayernew:'4',js_access_prime_pass:'10',js_prime_access_functions:'17',css_buydirect:'14',css_commoncalc:'30',js_tradenow:'26',googlevignette_web:'1',interstitial_web:'1',int_countrychk_web:'1',int_allowedcountry_web:'1,2,3,4,5,6',int_fequencycap_web:'4',extended_fcap_hrs_web:'18',lazy_ad_wap:'1',js_common_wap:'496',js_common_markets_wap:'15',js_watchlist_wap:'15',js_sr_search_wap:'8',js_ask_the_expert_crypto_wap:'16',js_athenalive_wap:'115',js_highstocks_wap:'1',js_highcharts_wap:'1',js_commonall:'145',js_bookmark_wap:'13',js_socialdatacapture_min_wap:'133',js_push_wap:'57',wap_interstitial_start:'April 01, 2024 23:59:00',wap_interstitial_end:'March 31, 2025 23:59:00',int_countrychk_wap:'0',int_allowedcountry_wap:'1,2',int_excludecountry_wap:'2,3,5,6',exindia_atfad_size:'[[[300,250], [300,250]]]',can_taboola:'taboola',andbeyond_wap:'1',andbeyond_web:'1',custom_prebid_web:'1',custom_prebid_mweb:'1',cpd_wap:'0',lib_login:'/js_feed/jsso_crosswalk_legacy_min.cms?v=13',sso_loginwidget:'https://jssocdn.indiatimes.com/crosswalk/45/widget/main.bundle.min.js',live_tv_skin:'1',global_cube:'0',global_cube_sec_chk:'0',global_cube_secs:'["/news", "/personal-finance", "/wealth"]',global_cube_cty_chk:'0',global_cube_cty_include:'CHENNAI',global_cube_cty_exclude:'CHINA',global_cube_wap:'0',global_cube_sec_chk_wap:'0',global_cube_secs_wap:'["home", "/news", "/markets", "/personal-finance", "/wealth"]',global_cube_cty_chk_wap:'0',global_cube_cty_include_wap:'CHENNAI',global_cube_cty_exclude_wap:'CHINA',global_cube_faces:'2',global_cube_fullad:'0',global_cube_landingon:'sensex',global_cube_wap_url:'https://m.economictimes.com/iframe_cube.cms',currency_ad_wap:'1',magnite_hb:'1',magnite_exclude_tp:'["topics_default","topics_news","topics_videos"]',google_lazyad_enabled_tp:'["topics_default","topics_news","topics_videos"]',mweb_atf_sticky:'0',site_sync:'0',ad_shield_wap:'1',epaper_jacket_ad:'1',ticker_ad:'0',ticker_ad_desktop_only:'0',aff_package:'bnsov',aff_package_wap:'bnsov',ticker_ad_home:'0',adx:'1',logAdsStatus:'0',amazon_bidding:'0',amazon_tam:'1',amazon_tam_web:'0',js_newsltrpopup:'126',nlExpiry:'864000',nlReloadExpiry:'30',js_primetargeting_popup:'17',js_inappmsg:'9',plan_on_paywall:'0',skip_trial:'100',planEntryPointCache:'3',trackAdCode:'0',ajaxError:'1',cTId:'WWW-R7W-Z45Z',oauth:'oauth',oauthClientId:'b2a8e883ec676f417520f422068a4742',planPage:'https://buy.indiatimes.com/ET/plans',planPageUpgrade:'https://buy.indiatimes.com/ET/upgrade',planPageTest:'https://buy.indiatimes.com/ET/plans',planPageM:'https://buy.indiatimes.com/ET/plans',subscriptions:'subscriptions',krypton:'kryptonp',apw:'apw',nlSubscribe:'etsub3',exp_login2plan:'0',js_ratingwidget:'12',js_swg:'6',swg:'1',login_paywall:'Starting @ <strike>Rs150</strike> Rs120/month',singularPlanExp:'0',intro_offer_banner:'0',ctaTxtExp:'50',accessPassTraffic:'0',mf_defaultTab:'1',intro_offer:'0',article_recommendations:'100',primeTargeting:'1',skipIpadPopup:'1',skipnlpopup:'1',skipCryptoPopup:'1',asDepthTrack:'1',js_article_recommendations:'21',skiparticle_recommendations_rhs:'1',skiparticle_recommendations_in:'1',skipwhatsapp_banner:'1',liveTvLsName:'bandTvCheckPlayed3',liveTvLsValue:'3600',survicate_loyaluser_count:'15',js_etbenefits:'55',js_tponboarding:'5',js_giftstory:'11',disable_MFOP_wap:'1',missedStoryPercent:'30',missedStoryDays:'7',missedStoryMinCount:'3',guestOTPEnabled:'0',paywallSubscriberFlow:'0',paywallSubscriberFlowV2:'95',oneTapAcessPassFlow:'0',js_paywallsubflow:'3',signinwallSubscriberFlow:'50',web_productIntervention:'0011101010',wap_productIntervention:'100101010',mktTopAppDownloader:'0',mWebTopAppDownloader:'1',mktBottomAppDownloader:'1',stocksRecoPopup:'0',paywall_mloffer:'0',onboarding_tpoffer:'1',ml_flag:'0',adfree_campign_isactive:'1',adfree_campign_counter:'7',adfree_campign_eud:'900',ads_primeuser_enable:'1',skip_retargetpopup:'1',top_nudge_enable:'1',amazon_lhs_widget:'1',adblocker_popuptime:'15',epaperblocker_timer:'30000',lband_web_activate:'1',budget2023_livetv_onOff:'1',budget2024_tv_lBVisibiltyTime:'7',budget2024_tv_lBStartTime:'10',OldGrxSwitch:'1',benefitsBlocker:'100',js_sponserbanner:'10',js_freetrial:'23',js_subscriptioncontent:'6',js_widgetlivestream:'6',prime_ads:'111',masterClassBannerMweb:'0',dummy:''}; (function(){ try {var lsd = localStorage.getItem('objVc'), lsdj = lsd && JSON.parse(lsd) || '', vo = objVc.version_on, lv = new Date(vo), sv = lsdj && lsdj.version_on && new Date(lsdj.version_on) || 0, diff = (sv-lv) / 60000; if(sv && diff >= 0) {objVc = lsdj;} else { var now = Date(), vodo = new Date(vo); objVc.lsTime = vodo > now ? now.toString() : vo; localStorage.setItem('objVc', JSON.stringify(objVc)) } if(window.location.search.indexOf('skip_popup=1') != -1) { objVc.skipPopup = 1; } } catch(e) {} })() </script><script type="text/javascript" src="https://economictimes.indiatimes.com/geoapiet?cb=et" id="geo_script"></script><script> if(!window.geoinfo) window.geoinfo={}; geolocation = window.geoinfo && window.geoinfo.geolocation || ''; if(window.localStorage && localStorage.getItem('temp_geolocation')) {var geolocation = localStorage.getItem('temp_geolocation');} function allowGDPR() { var flag = false, ginfo = window.geoinfo || {}; if(window.geolocation && geolocation != 5 && (geolocation != 2 || ginfo.region_code != 'CA')) {flag = true;} return flag; } allowGdpr = (function () { var flag = 0, ginfo = window.geoinfo || {}; // if not EU(5), and (not US(2) if US(2) then not california(CA)) if(window.geolocation && geolocation != 5 && (geolocation != 2 || ginfo.region_code != 'CA')) { flag = 1; } return flag; })() </script><script> var urlParams =window.location.search ? window.location.search : ""; objVc=window.objVc||{};var showInterstitial=!0;objVc&&objVc.googlevignette_web&&"1"==objVc.googlevignette_web&&window.geoinfo&&geoinfo.geolocation&&"1"!=geoinfo.geolocation&&(showInterstitial=!1);var ext_param_check=-1==urlParams.indexOf("utm_medium=display_ext"),aff_param_check=-1==urlParams.indexOf("utm_medium=display_aff");aff_param_check||sessionStorage.setItem("aff_campaign","1"),ext_param_check&&aff_param_check&&showInterstitial&&function(){var e=objVc.int_countrychk_web?parseInt(objVc.int_countrychk_web):1,t=objVc.int_allowedcountry_web;t=t&&t.split?t.split(","):["1"];var i=objVc.int_fequencycap_web?parseInt(objVc.int_fequencycap_web):3,o=(new Date).getHours();"undefined"!=typeof objVc&&0!=objVc.extended_fcap_hrs_web&&o>=objVc.extended_fcap_hrs_web&&(i+=1);var a={setCookieToSpecificTime:function(e,t,i,o){try{var a=".indiatimes.com",n="";if(e&&t&&i&&(n=e+"="+escape(t)+"; expires="+new Date((new Date).toDateString()+" "+i).toUTCString()+"; domain="+a+"; path=/;"),e&&t&&o){var r=new Date;r.setSeconds(r.getSeconds()+o),n=e+"="+(escape(t)+(null==o?"":"; expires="+r.toUTCString())+"; domain="+a+"; path=/;")}document.cookie=n}catch(e){}},init:function(){var e=1==objVc.interstitial_web?1:0;if(-1!=window.location.search.indexOf("ints=0")&&(e=0),e){var t=getCookie("TicketId"),i=a.getOauthJStorage(t),o=i&&i.permissions||[],n=-1==o.indexOf("subscribed")||-1==o.indexOf("etadfree_subscribed")||0==o.length||0,r=getCookie("ssoid")||getCookie("MSCSAuthID");(!r||r&&!n)&&a.loadInterstitial()}},getDeviceType:function(){try{var e=navigator.userAgent;return/(tablet|ipad|playbook|silk)|(android(?!.*mobi))/i.test(e)?"tablet":/Mobile|iP(hone|od)|Android|BlackBerry|IEMobile|Kindle|Silk-Accelerated|(hpw|web)OS|Opera M(obi|ini)/.test(e)?"mobile":"desktop"}catch(e){console.log("getDeviceType:"+e)}},loadInterstitial:function(){try{var o=document.referrer;if(!(o.indexOf("/ad-free/success")>-1||o.indexOf("/ad-free/subscribed"))>-1||localStorage.getItem("devTool")){window.location;var n=navigator&&navigator.userAgent&&navigator.userAgent.toLowerCase()||"",r=-1!=n.indexOf("bot"),c=-1!=n.indexOf("lighthouse"),s=-1!=n.indexOf("insights"),d=-1!=n.indexOf("ptst/");isWebPageTest=-1!=n.indexOf("ptst_x/");var g=getCookie("int_fcapcount")||0,l=getCookie("et_interstitial_active"),f=window.geoinfo&&geoinfo.geolocation||"1",b=t.indexOf(f);if(!("mobile"==a.getDeviceType()||r||c||s||isWebPageTest||d||l||!(g<i)||0!=e&&-1==b)){a.setCookieToSpecificTime("et_interstitial_active","true","",30);var _=parseInt(g)+1;_<=i&&a.setCookieToSpecificTime("int_fcapcount",_,"23:59:59"),window.sessionStorage&&window.sessionStorage.setItem("intsRef",window.location.href);return window.location.replace("/defaultinterstitial.cms"),!1}}}catch(e){window.errorLogs&&errorLogs({href:JSON.stringify(objVc),localName:"interstitial_error",attributes:""},1)}},getOauthJStorage:function(e){try{return jStorageData=window.localStorage&&localStorage.jStorage?JSON.parse(localStorage.jStorage):{},jStorageData["prime_"+e]}catch(e){}}};a.init()}(); </script><script onerror="errorLogs(this)" src="https://economictimes.indiatimes.com/js_monetize/v-199,minify-1.cms" type="text/javascript"></script><script> var stockFalg = ''; </script><script src="https://securepubads.g.doubleclick.net/tag/js/gpt.js?network-code=7176" type="text/javascript" async="async"></script><script async="true" src="https://dynamic.criteo.com/js/ld/ld.js?a=103030" type="text/javascript"></script><script type="text/javascript"> var optParam = ''; try { var urlParams = window.URLSearchParams && new URLSearchParams(window.location.search.toLowerCase()); optParam = urlParams.get && urlParams.get('opt'), acqSource = urlParams.get && urlParams.get('acqsource') || '', acqSubSource = urlParams.get && urlParams.get('acqsubsource') || ''; if(acqSource || acqSubSource) { localStorage.setItem('acqDetails', JSON.stringify({acqSource: acqSource, acqSubSource: acqSubSource})); } } catch (e) {} var objSec = {template: 'definition_show'}; var tmplName = tpName = 'definition_show',lang = '',nav_sec1,newHookId,subsec1_value,subsec1_common = '0',newHookId2,subsec2_value,subsec2_common = '',subsec3_common = ''; var objDim = {d52:'nature_of_content',d112:'ml_status',d113:'ml_score',d54:'content_shelf_life',d110:'paywall_signaling',d53:'content_target_audience',d111:'response_source',d56:'degree_of_conten',d55:'content_tone',d58:'et_product_item',d59:'show_paywall_final',d117:'video_status',d61:'paywall_probability',d114:'ml_threshold_value',d60:'paywall_score',d115:'adaptive_status',d63:'paid_articles_read',d62:'eligibility_paywall_rule',d65:'bureau_articles_read',d64:'free_articles_read',d67:'loyalty',d66:'article_length',d68:'paywall_hits',d109:'user_region',d70:'us_election_2020',d105:'VisitSource',d106:'CampaignID',d72:'paywall_experiment',d71:'plan_group_id',d134:'user_subscription_status_epaper',d135:'user_subscription_status_mata',d132:'user_subscription_status_til',d75:'watchlist_active_status',d133:'user_subscription_status_toi',d130:'plan_price',d131:'discount',d1:'et_product',d2:'blocker_type',d3:'user_login_status_session',d4:'agency',d5:'author_name',d6:'cms_content_publishing_type',d7:'content_personalisation_level',d8:'article_publish_date',d9:'sub_section_name',d138:'plan_viewed_2',d139:'plan_viewed_3',d136:'user_subscription_status_mirror',d137:'plan_viewed_1',d124:'day_from_plan_expiry',d120:'utm_params',d129:'plan_name',d92:'last_click_source',d127:'billing_currency',d128:'auto_renew',d94:'daily_article_count',d125:'payment_mode',d93:'internal_source',d126:'total_revenue',d96:'continuous_paywall_hits',d95:'monthly_article_count',d10:'user_login_status_hit',d98:'daily_paid_article_count',d97:'monthly_paid_article_count',d12:'tags_meta_keyword',d11:'content_theme_the_primary_tag',d14:'special_coverage',d13:'article_publish_time',d16:'video_embed',d15:'audio_embed',d145:'product_name',d146:'login_status',d143:'feature_permission',d20:'platform',d144:'plan_selected',d23:'author_id',d141:'rec_capture',d142:'login_method',d25:'page_template',d24:'syft_initiate_page',d140:'plan_group',d27:'site_sub_section',d26:'site_section',d29:'section_id',d28:'prime_deal_code',d147:'subscription_status',d32:'prime_article_read_before_syft',d34:'content_age',d33:'prime_article_read_before_success',d36:'sign_in_initiation_position',d35:'subscription_method_hit',d37:'user_subscription_status',d40:'freeread',d45:'prime_hp_ui_template',d47:'prime_hp_ui_content_b_color',d46:'prime_hp_ui_content_size',d49:'syft_initiate_position',d48:'content_msid',d50:'signin_initiate_page'};var serverTime = '11.25.2024 08:53:24';var WRInitTime=(new Date()).getTime(); (function () {if (self !== top) {var e = function (s) {return document.getElementsByTagName(s)}; e("head")[0].innerHTML = '<style>*{display:none;}</style>'; setTimeout(function () {e("body")[0].innerHTML = ''; var hEle = e("html")[0]; hEle.innerHTML = '<a href="' + self.location + '" target="_blank">economictimes.indiatimes.com</a>'; hEle.className = ''; top.location = self.location; }, 0);}})(); _log = window.console && console.log ? console.log : function () {}; // Creating Elements for IE : HTML 5 and cross domain checks if(tpName != 'stocks' && tpName != 'ifsccode') { (function () { try { var elem = ["article", "aside", "figure", "footer", "figcaption", "header", "nav", "section", "time"]; for(var i=0; i<=elem.length-1; i++) {document.createElement(elem[i])} var hd = 'indiatimes.com', dd = document.domain,intv,intv2,fo; if (dd != hd && dd.indexOf(hd) != -1 && subsec3_common != '1387569980') {document.domain = hd} }catch(e){} })(); } var intv,intv2;var fo; if(subsec1_value == '1715249553' && subsec2_value == '1052732854'){ subsec1_value = newHookId = '1052732854'; // politicsnation }else if(subsec1_value == '1715249553' && subsec2_value == '1373380680'){ subsec1_value = newHookId = '1373380680'; // Economy } if(optParam != "1") { customDimension = window.customDimension || {}; function setDim(dim, val, init) { try { if(dim) { var key = 'dimension' + dim, objDim = {}; objDim[key] = val; customDimension[key] = val; init && ga('set', objDim); } }catch(e){} } var _gaq = _gaq || []; var customDimension = customDimension || {}; var analytics_js_path = 'https://www.google-analytics.com/analytics.js'; (function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){ (i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o), m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m) })(window,document,'script',analytics_js_path,'ga'); var gaProperty = 'UA-198011-5'; var disableStr = 'ga-disable'; if (document.cookie.indexOf(disableStr + '=true') > -1) { window[disableStr + '-' + gaProperty] = true; } ga('set', 'anonymizeIp', true); ga('create', gaProperty, 'auto', {'allowLinker': true}); if(sessionStorage.getItem("referrerSourceType") == "epaper"){ ga('create', 'UA-36832138-2', 'auto','EpaperTracker') } ga('require', 'linker'); ga('linker:autoLink', ['economictimes.com']); ga('require', 'displayfeatures'); try { var et_ua = window.navigator && navigator.userAgent.toLowerCase() || ''; if(et_ua.indexOf('bot') == -1 && et_ua.indexOf('lighthouse') == -1 && et_ua.indexOf('ptst/') == -1 && et_ua.indexOf('speed insights') == -1) { window.optimizely = window.optimizely || []; window.optimizely.push("activateUniversalAnalytics"); } } catch (e) {} (function () { setDim(25,"definition_show"); setDim(26,"Home"); setDim(27,""); setDim(29,""); setDim(48,""); setDim(30,window._col_uuid);setDim(57,window.__tiluuid); if(window.geolocation) {setDim(109, window.geolocation == 1 ? 'IND' : 'INTER');} var a = window.localStorage && localStorage.getItem('et_syftCounter') || ''; a = a && JSON.parse(a) || {}; if(a.beforeSyft) {setDim(32,a.beforeSyft);} if(a.afterSyft) {setDim(33,a.afterSyft);} })() var trafficSource = ''; function getjStorageVal(keyName) { var jString = localStorage.getItem("jStorage"), value = ''; try { if(jString) { var objJstorage = JSON.parse(jString); value = objJstorage[keyName] ? objJstorage[keyName] : ''; } } catch (e) {} return value; } (function () { function addZero(num) {return (num >= 0 && num < 10) ? '0' + num : num;} try { lastClick = getjStorageVal('etu_last_click'); if(!lastClick) { lastClick = document.referrer.indexOf('indiatimes.com') == -1 ? 'direct_landing_articleshow' : 'other'; } var dref = document.referrer, wlh = window.location.href.toLowerCase(), wlp = window.location.pathname; if(/google|bing|yahoo/ig.test(dref)) {trafficSource = 'organic';} else if(/facebook|linkedin|instagram|twitter/ig.test(dref) || wlh.indexOf('utm_medium=social') != -1) { trafficSource = 'social';} else if(wlh.indexOf('utm_medium=email') != -1) {trafficSource = 'newsletter'; } else if(wlh.indexOf('utm_source=etnotifications') != -1) {trafficSource = 'notifications'; } else if(getjStorageVal('etu_source')) { trafficSource = getjStorageVal('etu_source');} if(!trafficSource) { if(wlp == '/' || wlp == '/default.cms') {trafficSource = 'direct'} else if(wlp.indexOf('articleshow')) {trafficSource = 'organic'} else {trafficSource = 'other'} } var dtObject = new Date(), dt = (dtObject.getFullYear() + '' + addZero(dtObject.getMonth() + 1) + '' + addZero(dtObject.getDate())), key = 'et_article_' + dt; var articleReadCountToday = (getjStorageVal(key) || []).length; var articleReadCountMonth = 0; var paidArticleReadCountMonth = 0; var jString = localStorage.getItem("jStorage"); try { if(jString) { var objJstorage = JSON.parse(jString); Object.keys(objJstorage).filter(function(key) {return key.indexOf('et_article_') != -1}).forEach(function (key) { articleReadCountMonth += getjStorageVal(key).length}); Object.keys(objJstorage).filter(function(key) {return key.indexOf('et_primearticle_') != -1}).forEach(function (key) { paidArticleReadCountMonth += getjStorageVal(key) || 0}); } } catch (e) {} var paidArticleReadCountTodayKey = 'et_primearticle_' + dt; var paidArticleReadCountToday = getjStorageVal(paidArticleReadCountTodayKey) || 0; var continuousPaywallList = getjStorageVal('et_continuousPaywalled') || []; setDim(92, lastClick); setDim(93, trafficSource); setDim(94, articleReadCountToday); setDim(95, articleReadCountMonth); setDim(96, continuousPaywallList.length); setDim(97, paidArticleReadCountMonth); setDim(98, paidArticleReadCountToday); var subsStatus = '-', d3 = 'NONLOGGEDIN'; var jData = JSON.parse(localStorage.getItem('jStorage')); var b = document.getElementsByTagName('html')[0]; if(ssoid = getCookie('ssoid')) { try { d3 = 'LOGGEDIN'; var grx_userData = jData && jData['prime_'+getCookie('TicketId')] || {}; grx_userData = grx_userData || {}; var grx_up = grx_userData.permissions || []; var accessPassUser = grx_userData.subscriptionDetail && grx_userData.subscriptionDetail.userAcquisitionType === "ACCESS_PASS" || false; if(grx_up.indexOf("expired_subscription") > -1) { subsStatus = 'Expired User'; } else if (grx_up.indexOf("subscribed") > -1 && grx_up.indexOf("cancelled_subscription") > -1 && grx_up.indexOf("can_buy_subscription") > -1) { subsStatus = 'Paid User - In Trial'; b.classList.add("cancelled_user"); } else if (grx_up.indexOf("subscribed") > -1 && accessPassUser) { subsStatus = 'Free Access ' + new Date(grx_userData.subscriptionDetail.purchaseDate).toLocaleDateString(); } else if(grx_up.indexOf("subscribed") > -1) { subsStatus = 'Paid User'; b.classList.add("prime_user"); } else if(grx_up.indexOf("etadfree_subscribed") > -1) { subsStatus = 'Ad Free User'; } else if (grx_up.length == 0) { subsStatus = 'Permission Missing'; } else { subsStatus = 'Free User'; } if(grx_up.indexOf("subscribed") > -1) { b.classList.add("prime_header"); } } catch (e) {} } else { subsStatus = 'Free User'; } if(subsStatus == '-' || subsStatus == '' || subsStatus == 'Expired User' || subsStatus == 'Free User') { b.classList.add("free_user"); } setDim(3, d3); setDim(10, d3); setDim(37, subsStatus); } catch (e) {} })(); setDim(1,'other');setDim(24,'definition_show'); var utmDimension = window.sessionStorage && sessionStorage.getItem('utm_params_dim'), utmParams_dim = window.URLSearchParams && new URLSearchParams(window.location.search), utmSource_dim = utmParams_dim.get && utmParams_dim.get('utm_source'), utmMedium_dim = utmParams_dim.get && utmParams_dim.get('utm_medium'), utmCamp_dim = utmParams_dim.get && utmParams_dim.get('utm_campaign'), utmParams_dim120 = utmSource_dim + ' / ' + utmMedium_dim + ' / ' + utmCamp_dim, variant_id = utmParams_dim.get && utmParams_dim.get('variant_id'), cohort_id = utmParams_dim.get && utmParams_dim.get('cohort_id'); if(utmSource_dim != '' && utmSource_dim != null) { setDim(120,utmParams_dim120); sessionStorage.setItem('utm_params_dim',utmParams_dim120); } else if(utmDimension) { setDim(120,utmDimension); } try{ if(gaProperty == "UA-36832138-2" || gaProperty == "UA-198011-4"){ var selectedKeys = ["dimension132", "dimension143", "dimension145", "dimension146", "dimension147"]; var selectedDimension = {}; for (var key of selectedKeys) { selectedDimension[key] = customDimension[key]; } customDimension.dimension1 = 'ePaper'; selectedDimension.dimension145 = customDimension.dimension1; selectedDimension.dimension146 = customDimension.dimension10; selectedDimension.dimension147 = customDimension.dimension37; ga('send', 'pageview', selectedDimension); }else{ ga('send', 'pageview', customDimension); } }catch(e){ console.log("CD - ", e); } (function (g, r, o, w, t, h, rx) { g[t] = g[t] || function () {(g[t].q = g[t].q || []).push(arguments) }, g[t].l = 1 * new Date(); g[t] = g[t] || {}, h = r.createElement(o), rx = r.getElementsByTagName(o)[0]; h.async = 1;h.src = w;rx.parentNode.insertBefore(h, rx) })(window, document, 'script', 'https://static.growthrx.in/js/v2/web-sdk.js', 'grx'); grx('init', 'gf999c70d'); var grxDimension = {url: window.location.href, title : document.title, referral_url : document.referrer, platform: 'desktop',ga_url: window.location.href}; var grxDimension_cdp = {url: window.location.href, title : document.title, referral_url : document.referrer, platform: 'web',ga_url: window.location.href}; var pfuuid = getCookie('pfuuid'); if(pfuuid) { grxDimension['et_uuid'] = pfuuid} grx('config',"service_worker","/et_serviceworker.cms"); grx('config',"applicationServerKey","BIEYq99VozBXu5wtCtElr19cYzEZCgSZAYV5amfqzU1IWrR8SWr5T0Htp72bVbslw08rhMJvkrRFT_11HS8zz5c"); var isSafari = /^((?!chrome|android).)*safari/i.test(navigator.userAgent); var tmplName = 'definition_show'; var excludedList = ['plans', 'login', 'default', 'primearticleshow', 'primehome', 'onboarding', 'redeem', 'wealth_editionshow', 'wealth_edition', 'print_edition']; var isTmpltExcluded = excludedList.indexOf(tmplName) !== -1; var inAppTpNameListArr = ['default','default_prime','articleshow_main','primearticleshow','articleshow_exclusive2','articlelist','primehome','markets','newshome','politicsnation','personalfinance','mutual_funds','techhome','opinionshome','nri','panache','videohome'] if(!isTmpltExcluded && !isSafari) { grx('enableCustompopup'); } if(inAppTpNameListArr.indexOf(window.tpName) != -1) { grx('registerPlugin','inApp'); } grxDimension_cdp['content_id'] = 0; grxDimension_cdp['page_template'] = "definition_show"; grxDimension_cdp['level_2'] = ""; grxDimension_cdp['level_3'] = ""; grxDimension_cdp['level_4'] = ""; grxDimension_cdp['product'] = "other"; var isPrimeContent = "false"; var embeddedData = ""; var jData_cdp = JSON.parse(localStorage.getItem('jStorage')) || {}, userInfo_cdp = jData_cdp['userInfo'] || {}, subContent = jData_cdp['subscriptioncontent'] || {}, cohortId = subContent.cohortId || "", grx_cdp_userData = jData_cdp && jData_cdp['prime_'+getCookie('TicketId')] || {}, grx_cdp_up = grx_cdp_userData.permissions || []; var isDarkMode = window.matchMedia && window.matchMedia('(prefers-color-scheme: dark)').matches; var nonAdPageArray = ['primehome','athenalive','timesepaper','print_edition','wealth_edition','wealth_editionshow','epaper_home', 'primearticlelist', 'login', 'stockreports_benefits']; var is_monetizable = 'y'; if((grx_cdp_up.indexOf("subscribed") > -1) || (nonAdPageArray.indexOf(tmplName) !== -1)) { is_monetizable = 'n'; } var isPaywalled = 'n'; if(isPrimeContent === 'true' && grx_cdp_up.indexOf("subscribed") < 0) { isPaywalled = 'y'; } var sub_status = (customDimension.dimension37 && customDimension.dimension37.split(' ')[0]).toLowerCase(); sub_status = sub_status === "permission" ? "free" : sub_status; var sub_type = (grx_cdp_userData.subscriptionDetails ? (grx_cdp_userData.subscriptionDetails.userAcquisitionType).toLowerCase() : 'free'); sub_type = sub_type === "group_subscription" ? "group" : sub_type; grxDimension_cdp['login_method'] = (getCookie('ssoid') && getCookie('LoginType') || userInfo_cdp['email'] && 'sso' || null) || null; grxDimension_cdp['agency'] = typeof customDimension.dimension4 != 'undefined' ? (customDimension.dimension4).toLowerCase() : ''; grxDimension_cdp['article_publish_time'] = typeof customDimension.dimension13 != 'undefined' ? (customDimension.dimension13).toLowerCase() : ''; grxDimension_cdp['author_id'] = typeof customDimension.dimension23 != 'undefined' ? (customDimension.dimension23).toLowerCase() : ''; grxDimension_cdp['author_name'] = typeof customDimension.dimension5 != 'undefined' ? (customDimension.dimension5).toLowerCase() : ''; grxDimension_cdp['bureau_articles_read'] = typeof customDimension.dimension65 != 'undefined' ? (customDimension.dimension65).toLowerCase() : ''; grxDimension_cdp['cms_content_publishing_type'] = typeof customDimension.dimension6 != 'undefined' ? (customDimension.dimension6).toLowerCase() : ''; grxDimension_cdp['content_age'] = typeof customDimension.dimension34 != 'undefined' ? (customDimension.dimension34).toLowerCase() : ''; grxDimension_cdp['content_theme_the_primary_tag'] = customDimension.dimension11 || ""; grxDimension_cdp['continuous_paywall_hits'] = customDimension.dimension96; grxDimension_cdp['daily_article_count'] = customDimension.dimension94; grxDimension_cdp['daily_paid_article_count'] = customDimension.dimension98; grxDimension_cdp['eligibility_paywall_rule'] = typeof customDimension.dimension62 != 'undefined' ? (customDimension.dimension62).toLowerCase() : ''; grxDimension_cdp['free_articles_read'] = typeof customDimension.dimension64 != 'undefined' ? (customDimension.dimension64).toLowerCase() : ''; grxDimension_cdp['monthly_article_count'] = customDimension.dimension95; grxDimension_cdp['monthly_paid_article_count'] = customDimension.dimension97; grxDimension_cdp['syft_initiate_page'] = customDimension.dimension24; grxDimension_cdp['tags_meta_keyword'] = typeof customDimension.dimension12 != 'undefined' ? (customDimension.dimension12).toLowerCase() : ''; grxDimension_cdp['user_login_status_session'] = typeof customDimension.dimension3 != 'undefined' ? (customDimension.dimension3).toLowerCase() : ''; grxDimension_cdp['user_region'] = (window.geolocation == 1 ? 'ind' : 'inter'); grxDimension_cdp['web_peuuid'] = getCookie('peuuid') !== null ? getCookie('peuuid') : ''; grxDimension_cdp['paywall_hits'] = customDimension.dimension68 || ""; grxDimension_cdp['paywall_experiment'] = customDimension.dimension72 || ""; grxDimension_cdp['response_source'] = customDimension.dimension111 || ""; grxDimension_cdp['adaptive_status'] = customDimension.dimension115 || ""; grxDimension_cdp["user_cohort_id"] = cohortId; grxDimension_cdp['level_full'] = (customDimension.dimension27).toLowerCase() || (customDimension.dimension26).toLowerCase(); grxDimension_cdp['embedded'] = embeddedData && embeddedData.trim().replaceAll(' ', ',') || ""; grxDimension_cdp['last_click_source'] = (customDimension.dimension92).toLowerCase(); grxDimension_cdp['level_1'] = (customDimension.dimension26).toLowerCase(); grxDimension_cdp['loggedin'] = userInfo_cdp['email'] ? 'y' : 'n'; grxDimension_cdp['section_id'] = customDimension.dimension29; grxDimension_cdp['source'] = customDimension.dimension93; grxDimension_cdp['phone'] = userInfo_cdp['mobile'] || ''; grxDimension_cdp['email'] = userInfo_cdp['email'] || ''; grxDimension_cdp['utm_source'] = utmSource_dim || null; grxDimension_cdp['utm_medium'] = utmMedium_dim || null; grxDimension_cdp['utm_campaign'] = utmCamp_dim || null; grxDimension_cdp['subscription_status'] = sub_status; grxDimension_cdp['variant_id'] = variant_id || null; grxDimension_cdp['cohort_id'] = cohort_id || null; grxDimension_cdp['monetizable'] = is_monetizable; grxDimension_cdp['subscription_type'] = sub_type grxDimension_cdp['paywalled'] = isPaywalled; grxDimension_cdp['client_source'] = 'cdp'; grxDimension_cdp['business'] = 'et'; grxDimension_cdp['dark_mode'] = 'n'; (function () { grx('userId', getCookie('ssoid')); try { if(window.localStorage && localStorage.getItem) { var jString = localStorage.getItem("jStorage"); if(jString) { var objJstorage = JSON.parse(jString), objProf = objJstorage['et_subscription_profile'], userInfo = objJstorage['userInfo'] || {}, peuuid = getCookie('peuuid'), pfuuid = getCookie('pfuuid'), freeTrialObj = objJstorage['et_freetrial']; for (var attrname in objProf) { grxDimension[attrname] = objProf[attrname]; }; var dt = +new Date(), loggedIn = (getCookie('ssoid') ? 'Y' : 'N'); var new_user_dim = 'unknown_new_user'; var subContent = objJstorage['subscriptioncontent'] || {}; var cohortId = subContent.cohortId || ""; grxDimension['first_date_on_et'] = +new Date(objJstorage['et_first_date']) || dt; grxDimension['last_visited_date'] = dt; grxDimension['logged_in'] = userInfo['email'] ? 'Y' : 'N'; grxDimension['email'] = userInfo['email']; grxDimension['first_name'] = userInfo['fname']; grxDimension['last_name'] = userInfo['lname']; grxDimension['current_subscriber_status'] = customDimension.dimension37; grxDimension["user_cohort_id"] = cohortId; if(typeof objJstorage['et_first_date'] !== 'undefined') { const [currday, currmonth, curryear] = objJstorage['et_first_date'].split('-').map(Number); const currdate = new Date(curryear, currmonth - 1, currday); const milliseconds = currdate.getTime(); if(milliseconds >= 1721327400000){ if(localStorage.getItem('new_user_exp') !== 'null') { new_user_dim = 'non-intrusive' } else { new_user_dim = 'intrusive'; } } else{ new_user_dim = 'old user'; localStorage.setItem('oldUser', true); } } var savedFreeTrialData = objJstorage['et_freetrial'] || {}; var userInfo = objJstorage['userInfo'] || {}; var puInfo = objJstorage['prime_'+getCookie('TicketId')] || {}; var isAPUser = puInfo.subscriptionDetail && puInfo.subscriptionDetail.userAcquisitionType && puInfo.subscriptionDetail.userAcquisitionType === "ACCESS_PASS"; if(Object.keys(savedFreeTrialData).length) { var nonPrime = userInfo.email ? !puInfo.permissions.includes('subscribed') : true; if(savedFreeTrialData.eligible && nonPrime) { grxDimension['experiment_variant_name'] = "Free Trial_Eligible"; } else if(userInfo.email && isAPUser) { var now = +new Date(); var expiryDate = +new Date(puInfo.subscriptionDetail.expiryDate); grxDimension['experiment_variant_name'] = "Free Trial_"+(expiryDate > now ? "Activated" : "Expired"); } } grxDimension['new_user'] = new_user_dim; if(peuuid) {grxDimension['web_peuuid'] = peuuid;} if(pfuuid) {grxDimension['web_pfuuid'] = pfuuid;} } } if(window.customDimension && window.objDim) { for(key in customDimension) { var dimId = 'd' + key.substr(9, key.length); if(objDim[dimId] && typeof customDimension[key] != 'undefined') { grxDimension[objDim[dimId]] = customDimension[key]; } } } }catch(e) { console.log('Error profile Dimension'); } })() grxDimension['feature_name'] = "''"; grxDimension_cdp['feature_name'] = "''"; grx('track', 'page_view', grxDimension); grx('track', 'page_view', window.grxDimension_cdp); var _comscore = _comscore || []; _comscore.push({ c1: "2", c2: "6036484"}); if(window.allowGdpr == 1) { (function() { var s = document.createElement('script'), el = document.getElementsByTagName("script")[0]; s.async = true; s.src = (document.location.protocol == "https:" ? "https://sb" : "http://b") + ".scorecardresearch.com/beacon.js"; el.parentNode.insertBefore(s, el); })(); } if(window.allowGdpr == 1) { (function() { function pingIbeat() { window._pg_endpt=(new Date()).getTime(); var e = document.createElement('script'); e.setAttribute('language', 'javascript'); e.setAttribute('type', 'text/javascript'); e.setAttribute('async', true); var dt = window.dateFormat ? dateFormat(new Date(), '%Y%M%d') : 1; var sd = window.objDomain && objDomain.js || ''; e.setAttribute('src', sd + '/js_ibeat_ext.cms?ver=13&v=' + dt); if((window.location.href.indexOf('etdev8'))>-1 || (window.location.href.indexOf('etstg'))>-1) { e.setAttribute('src', "https://agi-static.indiatimes.com/cms-common/stg/stg-ibeat.min.js"); } document.head.appendChild(e); } if(typeof window.addEventListener == 'function') { window.addEventListener("load", pingIbeat, false); } else { var oldonload = window.onload; window.onload = (typeof window.onload != 'function') ? pingIbeat : function() { oldonload(); pingIbeat(); }; } })(); } } </script><script type="application/ld+json"> { "@context" : "https://schema.org", "@type": "NewsMediaOrganization", "name": "Economic Times", "url" : "https://economictimes.indiatimes.com/", "logo": { "@type": "ImageObject", "url": "https://img.etimg.com/thumb/msid-76939477,width-600,height-60,quality-100/economictimes.jpg", "width": 600, "height": 60 } } </script><script type="application/ld+json"> { "@context" : "https://schema.org", "@type": "DefinedTerm", "@id": "https://economictimes.indiatimes.com/definition/base-rate", "name": "Base Rate", "description": "Base Rate definition - What is meant by the term Base Rate ? meaning of IPO, Definition of Base Rate on The Economic Times.", "inDefinedTermSet": "https://economictimes.indiatimes.com/definition" } </script></head><body class="skipStickyBand"><div id="adsdivLyr" width="1003" align="center"></div><section class="pageHolder" id="netspidersosh"><div l3="" l2="" l1="" lan="" class="primeDW" id="topAd"><div data-size="[[1003, 90],[970,90],[728, 90]]" data-adsSlot="/7176/Economictimes/ET_Home/ET_Home_SpecialNews/ET_ROS_ATF_HOM_SPN_728" class="" id="div-gpt-ad-1337948962485-1" data-loc="All"></div></div><div class="band" id=""><div class="contentwrapper bandCont clearfix"><div class="flipWrapper"><div class="mkt_indices_band clearfix"><div class="band-items band-item-sm" id="S1_box"><div class="band-item clearfix"><div class="band-content"><div class="head"><a target="_blank" href="https://economictimes.indiatimes.com/markets/indices/nifty-50">Benchmarks </a></div><div class="values"><a class="wname" target="_blank" href="https://economictimes.indiatimes.com/markets/indices/nifty-50">Nifty</a><span class="num">23,907.25</span><span class="per cSprite_b green">557.35</span></div></div></div></div><div class="S5_box_wrapper"><div id="S5_box" class="band-items"><a rel="nofollow sponsored" target="_blank" href="https://www.canararobeco.com/smart-invest/sign-in/?utm_source=et-i&utm_medium=invest_now&utm_campaign=canara_robeco_infrastructure" data-ga-onclick="Buy Direct - Canara Robeco#WEB - Click - Canara Robeco Infrastructure Direct-Growth - Invest Now - MarketBand#MarketBand - url"><div class="band-item clearfix"><div class="band-content-left"><div class="head"><span class="lbl">FEATURED FUNDS</span><div class="ratings flr"><span class="rating">★★★★</span><span class="ratingGrey">★</span></div></div><div class="title" title="Canara Robeco Infrastructure Direct-Growth">Canara Robeco Infrastructure Direct-Growth</div></div><div class="band-content-right flt"><div class="head lbl">5Y Return</div><div class="values flt"><span class="per cSprite_b green">29.96 % </span></div><div class="cta flt">Invest Now</div></div></div></a><a rel="nofollow sponsored" target="_blank" href="https://www.canararobeco.com/smart-invest/sign-in/?utm_source=et-i&utm_medium=invest_now&utm_campaign=canara_robeco_flexicap_fund" data-ga-onclick="Buy Direct - Canara Robeco#WEB - Click - Canara Robeco Flexi Cap Fund Direct-Growth - Invest Now - MarketBand#MarketBand - url"><div class="band-item clearfix"><div class="band-content-left"><div class="head"><span class="lbl">FEATURED FUNDS</span><div class="ratings flr"><span class="rating">★★★</span><span class="ratingGrey">★★</span></div></div><div class="title" title="Canara Robeco Flexi Cap Fund Direct-Growth">Canara Robeco Flexi Cap Fund Direct-Growth</div></div><div class="band-content-right flt"><div class="head lbl">5Y Return</div><div class="values flt"><span class="per cSprite_b green">20.06 % </span></div><div class="cta flt">Invest Now</div></div></div></a></div></div></div></div><div class="srch-overlay-content" id="srch-overlay-content"><svg xmlns="https://www.w3.org/2000/svg" viewBox="0 0 15 15" height="15" width="15" class="left_icon"><path fill-rule="nonzero" fill="#ED193B" d="m13.296 13.499-3.95-3.557a4.37 4.37 0 0 1-1.344.875 4.907 4.907 0 0 1-1.668.375c-1.426.075-2.66-.357-3.701-1.295C1.59 8.959 1.033 7.79.96 6.39c-.073-1.4.359-2.62 1.297-3.662.938-1.041 2.114-1.6 3.526-1.673 1.4-.074 2.617.359 3.652 1.297 1.035.939 1.59 2.107 1.663 3.507.03.567-.034 1.12-.191 1.657a5.032 5.032 0 0 1-.754 1.529l3.967 3.538a.614.614 0 0 1 .048.869.617.617 0 0 1-.872.046zM8.925 8.723a3.76 3.76 0 0 0 .985-2.801 3.76 3.76 0 0 0-1.273-2.683 3.71 3.71 0 0 0-2.792-.995c-1.082.056-1.983.484-2.702 1.283-.72.798-1.051 1.732-.995 2.802.056 1.069.483 1.963 1.282 2.682.799.72 1.74 1.05 2.822.994a3.71 3.71 0 0 0 2.673-1.282z"/></svg><input autocomplete="off" data-search-input="" name="ticker_newsearch" class="inputBox" placeholder="Search Stock Quotes, News, Mutual Funds and more" type="text"><div class="right_icon close_search"></div></div></div></div><header class="header default clearfix definition_show"><div class="dtc vam logoPart tac"><a href="/" title="The Economic Times"><img fetchpriority="high" alt="The Economic Times" class="dib" width="407" height="39" src="https://img.etimg.com/photo/msid-76931895,quality-100/et-logo.jpg"></a><div class="timeEdition tac"><div class="dib prel edition"><span>English Edition</span><span class="edMenu"><span class="ed">English Edition</span><a href="https://hindi.economictimes.com/" rel="noopener dofollow" target="_blank" data-ga-onclick="Web Top Nav Edition#Hindi#url" class="edHin">हिन्दी</a><a href="https://gujarati.economictimes.com/" rel="noopener dofollow" target="_blank" data-ga-onclick="Web Top Nav Edition#gujarati#url" class="edHin">ગુજરાતી</a><a href="https://marathi.economictimes.com/" rel="noopener dofollow" target="_blank" data-ga-onclick="Web Top Nav Edition#marathi#url" class="edHin">मराठी</a><a href="https://bengali.economictimes.com/" rel="noopener dofollow" target="_blank" data-ga-onclick="Web Top Nav Edition#bengali#url" class="edHin">বাংলা</a><a href="https://kannada.economictimes.com/" rel="noopener dofollow" target="_blank" data-ga-onclick="Web Top Nav Edition#kannada#url" class="edHin">ಕನ್ನಡ</a><a href="https://malayalam.economictimes.com/" rel="noopener dofollow" target="_blank" data-ga-onclick="Web Top Nav Edition#malayalam#url" class="edHin">മലയാളം</a><a href="https://tamil.economictimes.com/" rel="noopener dofollow" target="_blank" data-ga-onclick="Web Top Nav Edition#tamil#url" class="edHin">தமிழ்</a><a href="https://telugu.economictimes.com/" rel="noopener dofollow" target="_blank" data-ga-onclick="Web Top Nav Edition#telugu#url" class="edHin">తెలుగు</a></span></div><span data-dt="2024-11-25 08:53:41.180"><span> | </span><span class="dib time">25 November, 2024, 08:53 AM IST</span></span><span> | </span><span class="coach_wrap"><a target="_blank" href="https://epaper.indiatimes.com/timesepaper/publication-the-economic-times,city-delhi.cms" class="dib epaper epaper_animation" data-ga-onclick="Web Top Nav Epaper link#Click on Epaper link#url" rel="nofollow">Today's ePaper</a></span></div><div class="flr subSign"><a href="https://economictimes.indiatimes.com/watchlist?source=homepage&medium=header&campaign=watchlist" class="dib watchlist"> My Watchlist </a><a href="javascript:cdpGoToPlan()" data-ga-onclick="Subscription Flow ET#SYFT | Flow Started#ATF - url" class="dib subScribe"> Subscribe </a><div class="dib signInOut prel signIn"><a data-ga-onclick="ET Login#Signin - Sign In - Click#ATF - url" href="javascript:objUser.login()" class="signInLink">Sign In</a></div><div class="soWrapper"></div></div></div></header><div class="navFixRef"></div><div id="topnavBlk" class="nav_block clr"><nav nav-sec1="" data-ga-category="ET-TopNav" id="topnav" itemscope="itemscope" itemtype="https://www.schema.org/SiteNavigationElement" class="level1 contentwrapper"><div id="sideMenu" class="sections"><span class="menuIcon cSprite"></span><nav class="ddNav" id="sideBarNav"></nav></div><div><a itemprop="url" class="" href="/"><meta content="Home" itemprop="name">Home</a></div><div data-ga-action="ETPrime"><a itemprop="url" class="navP medium cSprite_b" href="https://economictimes.indiatimes.com/prime" data-ga-onclick="https://economictimes.indiatimes.com/prime"><meta content="ETPrime" itemprop="name">ETPrime</a></div><div data-ga-action="Markets" data-id="1977021501"><a itemprop="url" href="https://economictimes.indiatimes.com/markets" data-ga-onclick="https://economictimes.indiatimes.com/markets"><meta content="Markets" itemprop="name">Markets</a><div id="subsec1977021501" class="subsecnav"></div></div><div data-ga-action="Market Data" data-id="110737294"><a itemprop="url" class="navDM medium cSprite_b" href="https://economictimes.indiatimes.com/markets/live-coverage" data-ga-onclick="https://economictimes.indiatimes.com/markets/live-coverage"><meta content="Market Data" itemprop="name">Market Data</a><div id="subsec110737294" class="subsecnav" style="left:0;"></div></div><div data-ga-action="News" data-id="1715249553"><a itemprop="url" href="https://economictimes.indiatimes.com/news" data-ga-onclick="https://economictimes.indiatimes.com/news"><meta content="News" itemprop="name">News</a><div id="subsec1715249553" class="subsecnav" style="left:0;"></div></div><div data-ga-action="Industry" data-id="13352306"><a itemprop="url" href="https://economictimes.indiatimes.com/industry" data-ga-onclick="https://economictimes.indiatimes.com/industry"><meta content="Industry" itemprop="name">Industry</a><div id="subsec13352306" class="subsecnav" style="right:-608px;width:630px;"></div></div><div data-ga-action="Rise" data-id="5575607"><a itemprop="url" href="https://economictimes.indiatimes.com/small-biz" data-ga-onclick="https://economictimes.indiatimes.com/small-biz"><meta content="Rise" itemprop="name">Rise</a><div id="subsec5575607" class="subsecnav" style="left:auto;right:0;"></div></div><div data-subsec="0" data-ga-action="Politics" data-id="1052732854" itemprop="name"><a data-ga-onclick="/news/politics" href="/news/politics" itemprop="url">Politics</a></div><div data-ga-action="Wealth" data-id="837555174"><a itemprop="url" href="https://economictimes.indiatimes.com/personal-finance" data-ga-onclick="https://economictimes.indiatimes.com/personal-finance"><meta content="Wealth" itemprop="name">Wealth</a><div id="subsec837555174" class="subsecnav" style="width:830px;left:-450px;"></div></div><div data-ga-action="MF" data-id="359241701"><a itemprop="url" href="https://economictimes.indiatimes.com/mutual-funds" data-ga-onclick="https://economictimes.indiatimes.com/mutual-funds"><meta content="MF" itemprop="name">MF</a><div id="subsec359241701" class="subsecnav" style="left:auto;right:0;"></div></div><div data-ga-action="Tech" data-id="13357270"><a itemprop="url" href="https://economictimes.indiatimes.com/tech" data-ga-onclick="https://economictimes.indiatimes.com/tech"><meta content="Tech" itemprop="name">Tech</a><div id="subsec13357270" class="subsecnav" style="left:auto;right:0;"></div></div><div data-ga-action="Careers" data-id="107115"><a itemprop="url" href="https://economictimes.indiatimes.com/jobs" data-ga-onclick="https://economictimes.indiatimes.com/jobs"><meta content="Careers" itemprop="name">Careers</a><div id="subsec107115" class="subsecnav" style="left:auto;right:0;"></div></div><div data-ga-action="Opinion" data-id="897228639"><a itemprop="url" href="https://economictimes.indiatimes.com/opinion" data-ga-onclick="https://economictimes.indiatimes.com/opinion"><meta content="Opinion" itemprop="name">Opinion</a><div id="subsec897228639" class="subsecnav" style="left:auto;right:0;"></div></div><div data-ga-action="NRI" data-id="7771250"><a itemprop="url" href="https://economictimes.indiatimes.com/nri" data-ga-onclick="https://economictimes.indiatimes.com/nri"><meta content="NRI" itemprop="name">NRI</a><div id="subsec7771250" class="subsecnav" style="left:auto;right:0;"></div></div><div data-ga-action="Panache" data-id="1466318837"><a itemprop="url" href="https://economictimes.indiatimes.com/panache" data-ga-onclick="https://economictimes.indiatimes.com/panache"><meta content="Panache" itemprop="name">Panache</a><div id="subsec1466318837" class="subsecnav" style="left:auto;right:0;"></div></div><div itemprop="name" data-id="112513489" data-ga-action="Luxury" data-subsec="0"><a itemprop="url" href="/magazines/luxury" data-ga-onclick="/magazines/luxury">Luxury</a></div><div data-subsec="0" data-ga-action="Videos" data-id="48897386" itemprop="name"><a data-ga-onclick="/multimedia/type-video.cms" href="/multimedia/type-video.cms" itemprop="url">Videos</a></div><div data-ga-action="More" class="moreNav morenavdotted"><button aria-label="More Menu" id="moreNav" name="moreNav" class="morenavTabItem"><span class="hidden">More Menu</span><span class="dots-wrapper"><span class="dots-container"></span></span></button><div style="width:180px; margin-left:-70px;" class="subsecnav js_moreitem"></div></div></nav></div><div id="userOnboardTrial" class="fullWidthContainer showDetail"></div><div class="brcmb_wrapper clearfix"><div class="clr breadCrumb contentwrapper" itemtype="https://schema.org/BreadcrumbList" itemscope=""><span itemtype="https://schema.org/ListItem" itemscope="" itemprop="itemListElement"><meta content="1" itemprop="position"><a title="The Economic Times" itemprop="item" href="https://economictimes.indiatimes.com">Business News<meta content="Business News" itemprop="name"></a></span>&rsaquo;<span itemtype="https://schema.org/ListItem" itemscope="" itemprop="itemListElement"><a href="/definition" alt="Definitions" title="Definitions" itemprop="item"><meta content="2" itemprop="position">Definitions<meta content="Definitions" itemprop="name"></a></span>&rsaquo;<span itemtype="https://schema.org/ListItem" itemscope="" itemprop="itemListElement"><a itemprop="item" alt="Economy" title="Economy" href="/definition/category/Economy">Economy<meta content="3" itemprop="position"><meta itemprop="name" content="Economy"></a></span>&rsaquo;<span>Base Rate</span> </div></div><div id="breakingNews"><div class="contentwrapper prel"><ul class="bnews flt"></ul><div class="nextPrev"><span class="flt prev"></span><span class="flr next"></span></div></div></div><div class="clearfix main_container"><section id="pageContent"><div class="flt"><div class="sidebar"><h2>Categories</h2><form method="post" action="" name=""><input placeholder="Search Definition" value="" name="topq" id="topq" autocomplete="off" type="text"><input class="searchIco" type="submit" value=""></form><ul><li><a href="/definition" class="lnk">Glossary</a></li><li class="active"><a title="Economy" href="/definition/category/Economy">Economy</a></li><li><a title="Insurance" href="/definition/category/Insurance">Insurance</a></li><li><a title="Equity" href="/definition/category/Equity">Equity</a></li><li><a title="Transportation" href="/definition/category/Transportation">Transportation</a></li><li><a title="sports" href="/definition/category/sports">sports</a></li><li><a title="Space Technology" href="/definition/category/Space-Technology">Space Technology</a></li><li><a title="Entertainment" href="/definition/category/Entertainment">Entertainment</a></li><li><a title="Astronomy" href="/definition/category/Astronomy">Astronomy</a></li><li><a title="Analytics" href="/definition/category/Analytics">Analytics</a></li><li><a title="Commodity" href="/definition/category/Commodity">Commodity</a></li><li><a title="Education" href="/definition/category/Education">Education</a></li><li><a title="Finance" href="/definition/category/Finance">Finance</a></li><li><a title="Human-Resource" href="/definition/category/Human-Resource">Human-Resource</a></li><li><a title="Mutual Fund" href="/definition/category/Mutual-Fund">Mutual Fund</a></li><li><a title="Mathematics" href="/definition/category/Mathematics">Mathematics</a></li><li><a title="Real-Estate" href="/definition/category/Real-Estate">Real-Estate</a></li><li><a title="Marketing" href="/definition/category/Marketing">Marketing</a></li><li><a title="Security" href="/definition/category/Security">Security</a></li><li><a title="Shipping" href="/definition/category/Shipping">Shipping</a></li><li><a title="Retail" href="/definition/category/Retail">Retail</a></li><li><a title="HR" href="/definition/category/HR">HR</a></li><li><a title="Software-Development" href="/definition/category/Software-Development">Software-Development</a></li><li><a title="Testing" href="/definition/category/Testing">Testing</a></li><li><a title="Budget" href="/definition/category/Budget">Budget</a></li></ul></div><div class="suggestion"><p class="lowerHead">Suggest a new Definition</p><p class="form-txt">Proposed definitions will be considered for inclusion in the Economictimes.com</p><form action="" autocomplete="off"><input value="Click Here" id="SubmitNew" class="signUp" type="Submit"></form></div></div><div class="storySection flt"><div class="def_top"><div class="main_category flt">Economy</div><div class="prevNextDefNames"><ul><li class="flt"><a href="/definition/barter"><div class="prevDef flt"><i class="prev"></i>PREV DEFINITION</div></a><div class="clr"></div><div id="prevDefLinks"><a href="/definition/barter">Barter</a><br><div class="synopsis"></div><a class="moreRead" href="/definition/barter">Read More</a></div></li><li class="flt"><a href="/definition/basel-iii"><div class="nextDef fltr">NEXT DEFINITION<i class="next"></i></div></a><div class="clr"></div><div id="prevDefLinks"><a href="/definition/basel-iii">Basel III</a><br><div class="synopsis"></div><a class="moreRead" href="/definition/basel-iii">Read More</a></div></li><div class="clr"></div></ul></div><div class="clr"></div></div><h1 class="definitionTitle">What is 'Base Rate'</h1><br><div class="section1"><div class="Normal"><strong>Definition:</strong> Base rate is the minimum rate set by the Reserve Bank of India below which banks are not allowed to lend to its customers. <br><br> <strong>Description: </strong>Base rate is decided in order to enhance transparency in the credit market and ensure that banks pass on the lower cost of fund to their customers. Loan pricing will be done by adding base rate and a suitable spread depending on the credit risk premium. <br><br> <em><strong>Also See: </strong>Foreign Exchange Reserves, Balance of Payment </em> <meta content="cms.next" name="cmsei"></div></div><div class="clr"></div><div id="widgetSEO" class="widgetSEO"><div class="readMoreTopics seoWidget seoWidget_con clearfix"><div class="prel"><h2 class="head">Read More News on</h2><div class="nextprev-btn slider_embd"><div data-ga-onclick="Previous | href" class="prev-btn arw_blk disable flt"><span class="alft"></span></div><div class="ts-dots flt"><ul></ul></div><div data-ga-onclick="Next | href" class="next-btn arw_blk ryt flt"><span class="aryt"></span></div></div></div><div id="slides_SEO" class="overh slides clearfix"><ul><li><a href="/topic/base-rate">BASE RATE</a><a href="/topic/foreign-exchange-reserves">FOREIGN EXCHANGE RESERVES</a><a href="/topic/balance-of-payment">BALANCE OF PAYMENT</a></li></ul></div></div></div><div class="prevNextDefNames"><ul><li class="flt"><a href="/definition/barter"><div class="prevDef flt"><i class="prev"></i>PREV DEFINITION</div></a><div class="clr"></div><div id="prevDefLinks"><a href="/definition/barter">Barter</a><br><div class="synopsis"></div><a class="moreRead" href="/definition/barter">Read More</a></div></li><li class="flt"><a href="/definition/basel-iii"><div class="nextDef fltr">NEXT DEFINITION<i class="next"></i></div></a><div class="clr"></div><div id="prevDefLinks"><a href="/definition/basel-iii">Basel III</a><br><div class="synopsis"></div><a class="moreRead" href="/definition/basel-iii">Read More</a></div></li><div class="clr"></div></ul></div><div class="related_definition"><div class="related_defHeader"><div class="head flt">Related Definitions</div><div class="FAQ_pagination fltr"><div class="flt" id="pre"><a href="javascript:void(0);"><i class="prev"></i></a></div><div class="fltr" id="post"><a href="javascript:void(0);"><i class="next"></i></a></div><div class="clr"></div></div><div class="clr"></div></div><ul><li><a class="bdbottom" title="Asset Turnover Ratio" href="/definition/asset-turnover-ratio">Asset Turnover Ratio<div class="synopsis"><p>Asset turnover ratio is the ratio between the value of a company’s sales or revenues and the value of its assets. It is an indicator of the efficiency with which a company is deploying its assets to produce the revenue. Thus, asset turnover ratio can be a determinant of a company’s performance. The higher the ratio, the better is the company’s performance. Asset turnover ratio can be different fro</p></div></a><a class="bdbottom" title="Austerity" href="/definition/austerity">Austerity<div class="synopsis"><p> economic growth of country is determined by factors such as Capital structure, Human resources, Natural resources and revenue generation of businesses operating within the nation. A decline in the economic development can impact all the four factors of a government system. One of the main contributors of decline in the economic system is debts. A country borrows money from creditors, with the vie</p></div></a><a title="Bailout" href="/definition/bailout">Bailout<div class="synopsis"><p>Bailout is a general term for extending financial support to a company or a country facing a potential bankruptcy threat. It can take the form of loans, cash, bonds, or stock purchases. A bailout may or may not require reimbursement and is often accompanied by greater government oversee and regulations. The reason for bailout is to support an industry that may be affecting millions of people in</p></div></a><a title="Balance Of Payment" href="/definition/balance-of-payment">Balance Of Payment<div class="synopsis"><p>According to the RBI, balance of payment is a statistical statement that shows 1. The transaction in goods, services and income between an economy and the rest of the world, 2. Changes of ownership and other changes in that economy’s monetary gold, special drawing rights (SDRs), and financial claims on and liabilities to the rest of the world, and 3. Unrequited transfers. Description: The tran</p></div></a></li><li><a class="bdbottom" title="Bank Rate" href="/definition/bank-rate">Bank Rate<div class="synopsis"><p>Bank rate is the rate charged by the central bank for lending funds to commercial banks. Description: Bank rates influence lending rates of commercial banks. Higher bank rate will translate to higher lending rates by the banks. In order to curb liquidity, the central bank can resort to raising the bank rate and vice versa. Also See: Base Rate, Call Money Rate </p></div></a><a class="bdbottom" title="Barter" href="/definition/barter">Barter<div class="synopsis"><p> the hard currency came into existence, the most common form of trade was bartering. Barter Systemdates back to the old time when there was no money. The only way to buy goods was to exchange them with personal belongings of similar value. For example- A farmer gives his cattle in exchange for some land, and so on. In simple words, any exchange of goods and services for other goods and services wi</p></div></a><a title="Base Rate" href="/definition/base-rate">Base Rate<div class="synopsis"><p>Base rate is the minimum rate set by the Reserve Bank of India below which banks are not allowed to lend to its customers. Description: Base rate is decided in order to enhance transparency in the credit market and ensure that banks pass on the lower cost of fund to their customers. Loan pricing will be done by adding base rate and a suitable spread depending on the credit risk premium. Als</p></div></a><a title="Basel Iii" href="/definition/basel-iii">Basel Iii<div class="synopsis"><p>The third Basel accord or Basel-III is the cornerstone of banking supervision in the world. Framed by a committee of elite central bankers, the accord provides the guidelines for prudent supervision of banks all over the world and sets the standard for such supervision. Description: Basel-III is third in the series of accords following Basel-I and Basel-II. It was released in December, 2010, in</p></div></a></li><li><a class="bdbottom" title="Brexit" href="/definition/brexit">Brexit<div class="synopsis"><p>It is an abbreviation for the term “British exit”, similar to “Grexit” that was used for many years to refer to the possibility of Greece leaving the Eurozone. Brexit refers to the possibility of Britain withdrawing from the European Union (EU). The country will hold a referendum on its EU membership on June 23. Description: Why the Call for Referendum? When David Cameron became the prime mi</p></div></a><a class="bdbottom" title="Brics" href="/definition/brics">Brics<div class="synopsis"><p> the BRICS?BRICS is an acronym that started as BRIC in 2001, coined by Jim O’Neill (a Goldman Sachs economist) for Brazil, China, India, and Russia. Later in 2010, South Africa was added to become BRICS. Goldman Sachs claimed that the global economy will be dominated by the four BRIC economies by 2050. The main reason for such a claim was that China, India, Brazil, Russia, and South Africa were ra</p></div></a></li></ul><div class="clr"></div></div><div class="clr"></div><h2 xmlns:valurl="com.times.utilities.CMSWebUtility" xmlns:listval="com.indiatimes.cms.utilities.CMSDateUtility" xmlns:java="java" class="relateHead">Related News</h2><ul class="udsgn" itemprop="itemListElement" itemscope="itemscope" itemtype="https://schema.org/ListItem"><li class="definitionStories"><img alt="BoE inches closer to rate cut as second policymaker backs easing" class="aaimg flt" src="https://img.etimg.com/thumb/msid-109988998,width-160,height-120/news/international/business/boe-inches-closer-to-rate-cut-as-second-policymaker-backs-easing.jpg"><a class="aimg" target="_blank" href="https://economictimes.indiatimes.com/news/international/business/boe-inches-closer-to-rate-cut-as-second-policymaker-backs-easing/articleshow/109988998.cms" itemprop="url"><meta itemprop="name" content="BoE inches closer to rate cut as second policymaker backs easing"><meta content="1" itemprop="position"><span class="title">BoE inches closer to rate cut as second policymaker backs easing</span></a><span class="artSyn">Deputy Governor Dave Ramsden joined external member Swati Dhingra in calling for an immediate cut in the base rate from its current level of 5.25%, where it was held for the sixth straight meeting.</span></li><li class="definitionStories"><img alt="SBI, Kotak Mahindra Bank latest MCLR, base rates: SBI loan borrowers, Kotak customers must know" class="aaimg flt" src="https://img.etimg.com/thumb/msid-108543533,width-160,height-120/wealth/invest/sbi-kotak-mahindra-bank-latest-mclr-base-rates-sbi-loan-borrowers-kotak-customers-must-know.jpg"><a class="aimg" target="_blank" href="https://economictimes.indiatimes.com/wealth/invest/sbi-kotak-mahindra-bank-latest-mclr-base-rates-sbi-loan-borrowers-kotak-customers-must-know/articleshow/108543533.cms" itemprop="url"><meta itemprop="name" content="SBI, Kotak Mahindra Bank latest MCLR, base rates: SBI loan borrowers, Kotak customers must know"><meta content="2" itemprop="position"><span class="title">SBI, Kotak Mahindra Bank latest MCLR, base rates: SBI loan borrowers, Kotak customers must know</span></a><span class="artSyn">State Bank of India (SBI) and Kotak Mahindra Bank MCLR: Public sector bank SBI and private sector lender Kotak Mahindra Bank has revised their marginal cost of lending rates (MCLR). The revised base rate of SBI stands at 10.25%. Read here to know the latest MCLR from both SBI and Kotak Mahindra Bank.</span></li><li class="definitionStories"><img alt="India's industrial production up 4.2% in April from 1.1% in March" class="aaimg flt" src="https://img.etimg.com/thumb/msid-100940245,width-160,height-120/news/economy/indicators/indias-industrial-production-up-4-2-in-april-from-1-1-in-march.jpg"><a class="aimg" target="_blank" href="https://economictimes.indiatimes.com/news/economy/indicators/indias-industrial-production-up-4-2-in-april-from-1-1-in-march/articleshow/100940245.cms" itemprop="url"><meta itemprop="name" content="India's industrial production up 4.2% in April from 1.1% in March"><meta content="3" itemprop="position"><span class="title">India's industrial production up 4.2% in April from 1.1% in March</span></a><span class="artSyn">India's industrial production rose 4.2 per cent in April, according to the official data released on Monday by the NSO. Factory output measured in terms of the Index of Industrial Production (IIP) grew 6.7 per cent in April 2022</span></li><li class="definitionStories"><img alt="Lloyds Bank sets aside £668 million to cover loan losses, hails ‘resilient’ mortgage customers" class="aaimg flt" src="https://img.etimg.com/thumb/msid-95122346,width-160,height-120/news/international/uk/lloyds-bank-sets-aside-668-million-to-cover-loan-losses-hails-resilient-mortgage-customers.jpg"><a class="aimg" target="_blank" href="https://economictimes.indiatimes.com/news/international/uk/lloyds-bank-sets-aside-668-million-to-cover-loan-losses-hails-resilient-mortgage-customers/articleshow/95122346.cms" itemprop="url"><meta itemprop="name" content="Lloyds Bank sets aside £668 million to cover loan losses, hails ‘resilient’ mortgage customers"><meta content="4" itemprop="position"><span class="title">Lloyds Bank sets aside £668 million to cover loan losses, hails ‘resilient’ mortgage customers</span></a><span class="artSyn">Lloyds Banking Group has hailed its resilient mortgage customers. Lloyds’ chief financial officer, William Chalmers, said: “So far at least, our customers are proving to be resilient and adapting well to the cost-of-living increases that we have seen.</span></li><li class="definitionStories"><img alt="Gold rate today: Yellow metal edges higher; silver marches lower to Rs 58,000 on MCX" class="aaimg flt" src="https://img.etimg.com/thumb/msid-95072764,width-160,height-120/markets/commodities/news/gold-rate-today-yellow-metal-edges-higher-silver-marches-lower-to-rs-58000-on-mcx.jpg"><a class="aimg" target="_blank" href="https://economictimes.indiatimes.com/markets/commodities/news/gold-rate-today-yellow-metal-edges-higher-silver-marches-lower-to-rs-58000-on-mcx/articleshow/95072764.cms" itemprop="url"><meta itemprop="name" content="Gold rate today: Yellow metal edges higher; silver marches lower to Rs 58,000 on MCX"><meta content="5" itemprop="position"><span class="title">Gold rate today: Yellow metal edges higher; silver marches lower to Rs 58,000 on MCX</span></a><span class="artSyn">Gold is considered a hedge against inflation, while higher interest rates increase the opportunity cost of holding zero-yield bullion. Top gold consumer China's economy rebounded at a faster-than-anticipated clip in the third quarter, but a more robust revival in the longer term will be challenged by persistent COVID-19 curbs, a prolonged property slump and global recession risks.</span></li><li class="definitionStories"><img alt="Bank of Baroda, Bank of India hike home loan interest rates: Check details here" class="aaimg flt" src="https://img.etimg.com/thumb/msid-94583721,width-160,height-120/wealth/borrow/bank-of-baroda-bank-of-india-hike-home-loan-interest-rates-check-details-here.jpg"><a class="aimg" target="_blank" href="https://economictimes.indiatimes.com/wealth/borrow/bank-of-baroda-bank-of-india-hike-home-loan-interest-rates-check-details-here/articleshow/94583721.cms" itemprop="url"><meta itemprop="name" content="Bank of Baroda, Bank of India hike home loan interest rates: Check details here"><meta content="6" itemprop="position"><span class="title">Bank of Baroda, Bank of India hike home loan interest rates: Check details here</span></a><span class="artSyn">Keeping up with the hike in repo rate announced by the Reserve Bank of India in the fifth monetary policy announcement, the Bank of Baroda and Bank of India has also hiked the home loan interest rate. Read on to know the latest interest rates effective from October 1, 2022.</span></li><li class="definitionStories"><img alt="SBI hikes base rate, Benchmark Prime Lending Rate (BPLR) by 70 bps" class="aaimg flt" src="https://img.etimg.com/thumb/msid-94213017,width-160,height-120/wealth/borrow/sbi-hikes-base-rate-benchmark-prime-lending-rate-bplr-by-70-bps.jpg"><a class="aimg" target="_blank" href="https://economictimes.indiatimes.com/wealth/borrow/sbi-hikes-base-rate-benchmark-prime-lending-rate-bplr-by-70-bps/articleshow/94213017.cms" itemprop="url"><meta itemprop="name" content="SBI hikes base rate, Benchmark Prime Lending Rate (BPLR) by 70 bps"><meta content="7" itemprop="position"><span class="title">SBI hikes base rate, Benchmark Prime Lending Rate (BPLR) by 70 bps</span></a><span class="artSyn">SBI had last hiked its base rate and BPLR on June 15, 2022 as per its website.</span></li><li class="definitionStories"><img alt="SBI hikes base rate by 0.1 per cent" class="aaimg flt" src="https://img.etimg.com/thumb/msid-88334170,width-160,height-120/industry/banking/finance/banking/sbi-hikes-base-rate-by-0-1-per-cent.jpg"><a class="aimg" target="_blank" href="https://economictimes.indiatimes.com/industry/banking/finance/banking/sbi-hikes-base-rate-by-0-1-per-cent/articleshow/88334170.cms" itemprop="url"><meta itemprop="name" content="SBI hikes base rate by 0.1 per cent"><meta content="8" itemprop="position"><span class="title">SBI hikes base rate by 0.1 per cent</span></a><span class="artSyn">SBI has migrated to External Benchmark Lending Rate (EBLR) linked to repo rate since January 2019. There is no change in EBLR rate and this rate changes with change in benchmark interest rate of Reserve Bank of India (RBI).</span></li><li class="definitionStories"><img alt="RBI keeps repo rate unchanged: What home loan, auto loan, personal loan borrowers should do now" class="aaimg flt" src="https://img.etimg.com/thumb/msid-83215165,width-160,height-120/wealth/personal-finance-news/rbi-keeps-repo-rate-unchanged-what-home-loan-auto-loan-personal-loan-borrowers-should-do-now.jpg"><a class="aimg" target="_blank" href="https://economictimes.indiatimes.com/wealth/personal-finance-news/rbi-keeps-repo-rate-unchanged-what-home-loan-auto-loan-personal-loan-borrowers-should-do-now/articleshow/83215165.cms" itemprop="url"><meta itemprop="name" content="RBI keeps repo rate unchanged: What home loan, auto loan, personal loan borrowers should do now"><meta content="9" itemprop="position"><span class="title">RBI keeps repo rate unchanged: What home loan, auto loan, personal loan borrowers should do now</span></a><span class="artSyn">With RBI maintaining status quo, banks most likely will not increase interest rates on loans any time soon.Here is a look at how existing borrowers and those looking to take a new loan (be it home loan, car loan, or personal loan) can take advantage of RBI's pause.</span></li><li class="definitionStories"><img alt="Home, consumer loans from NBFCs to become cheaper" class="aaimg flt" src="https://img.etimg.com/thumb/msid-81788320,width-160,height-120/wealth/borrow/home-consumer-loans-from-nbfcs-to-become-cheaper.jpg"><a class="aimg" target="_blank" href="https://economictimes.indiatimes.com/wealth/borrow/home-consumer-loans-from-nbfcs-to-become-cheaper/articleshow/81788320.cms" itemprop="url"><meta itemprop="name" content="Home, consumer loans from NBFCs to become cheaper"><meta content="10" itemprop="position"><span class="title">Home, consumer loans from NBFCs to become cheaper</span></a><span class="artSyn">The average base rate of 5 largest commercial banks in India has fallen by 0.15% from 7.96% to 7.81% for the quarter ending March 31, 2021.</span></li></ul><div class="jsLazyLoadSec"><div class="clr mt20"><span data-pageno="1" class="loadMore jsTopicLoadMore" data-query="Base Rate"> Load More </span></div></div><div class="clr"></div><div class="seoWidget clearfix" data-ga-action="Widget Trending Definitions"><strong><a data-ga-onclick="Seo - Title - href" target="_blank" href="/definitions">Trending Definitions</a></strong><a data-ga-onclick="Seo - 1 - href" href="https://economictimes.indiatimes.com/news/economy/policy/budget-for-indian-railways-indian-railway-budget-budget-expectations-interim-budget-railways-waiting-list-can-interim-budget-build-the-safety-net-for-happy-rail-rides/articleshow/106346748.cms">Railways Budget 2024</a><a data-ga-onclick="Seo - 2 - href" href="https://economictimes.indiatimes.com/news/economy/policy/interim-budget-2024-25-key-numbers-to-watch-out-for/articleshow/106676822.cms">Interim Budget 2024</a><a data-ga-onclick="Seo - 3 - href" href="https://economictimes.indiatimes.com/wealth/personal-finance-news/allow-nps-investment-tax-break-of-rs-50000-in-new-tax-regime-in-interim-budget-2024-experts/articleshow/106803796.cms">Budget 2024 New Tax Regime</a><a data-ga-onclick="Seo - 4 - href" href="https://economictimes.indiatimes.com/wealth/personal-finance-news/income-tax-in-budget-2024-will-standard-deduction-limit-be-hiked-from-rs-50000-to-help-salaried-taxpayers/articleshow/106713103.cms">Income Tax in Budget 2024</a><a data-ga-onclick="Seo - 5 - href" href="https://economictimes.indiatimes.com/definition/debt-funds">Debt funds</a><a data-ga-onclick="Seo - 6 - href" href="https://economictimes.indiatimes.com/markets/indices/bse-sensex">Sensex</a><a data-ga-onclick="Seo - 7 - href" href="https://economictimes.indiatimes.com/markets/indices/nifty-50">Nifty</a><a data-ga-onclick="Seo - 8 - href" href="https://economictimes.indiatimes.com/definition/repo-rate">Repo rate</a><a data-ga-onclick="Seo - 9 - href" href="https://economictimes.indiatimes.com/definition/mutual-fund">Mutual fund</a><a data-ga-onclick="Seo - 10 - href" href="https://economictimes.indiatimes.com/definition/gross-domestic-product">Gross domestic product</a><a data-ga-onclick="Seo - 11 - href" href="https://economictimes.indiatimes.com/definition/data-mining">Data mining</a><a data-ga-onclick="Seo - 12 - href" href="https://economictimes.indiatimes.com/definition/advertising">Advertising</a><a data-ga-onclick="Seo - 13 - href" href="https://economictimes.indiatimes.com/definition/product">Product</a><a data-ga-onclick="Seo - 14 - href" href="https://economictimes.indiatimes.com/definition/monopoly">Monopoly</a><a data-ga-onclick="Seo - 15 - href" href="https://economictimes.indiatimes.com/definition/cryptography">Cryptography</a><a data-ga-onclick="Seo - 16 - href" href="https://economictimes.indiatimes.com/definition/depreciation">Depreciation</a></div></div><div class="clr"></div></section><aside id="sideBar"><div data-position="1" data-slot="532742" data-section="0" class="adsbg300 colombiaAd list colombia" id="div-clmb-ctn-532742-1"></div><div class="clrwh"></div><div data-url="/topics_mostpopularwidget.cms?tn=definition&type=most_popular" class="lazyWidget clearfix"></div><div class="clrwh"></div><div data-position="2" data-section="0" data-slot="532742" class="adsbg300 colombiaAd list colombia" id="div-clmb-ctn-532742-2"></div><div class="clrwh"></div><div class="mt20" data-url="/listing_widget.cms?msid=20172751" id="mostPopular"></div><div class="clrwh"></div><div class="ETVids"><div class="ETVidsHeader"><div class="head flt">ET Videos</div><div class="ETVid_pagination fltr"><div class="flt" id="prevVideo"><i class="prev"></i></div><div class="fltr" id="postVideo"><i class="next"></i></div><div class="clr"></div></div><div class="clr"></div></div><ul><li><a href="/news/sports/ipl-auction-2025-rishabh-pant-becomes-most-expensive-buy-at-rs-27-cr-iyer-fetches-rs-26-75-cr-deal/videoshow/115629124.cms"><div class="duration">159000</div><img height="70" width="92" src="https://img.etimg.com/thumb/msid-115629124,width-92,height-68/ipl-auction-2025:-rishabh-pant-becomes-most-expensive-buy-at-rs-27-cr,-iyer-fetches-rs-26.75-cr-deal.jpg" alt="IPL auction 2025: Rishabh Pant becomes most expensive buy at Rs 27 cr, Iyer fetches Rs 26.75 cr deal"><div class="Viddesc">IPL auction 2025: Rishabh Pant becomes most expensive buy at Rs 27 cr, Iyer fetches Rs 26.75 cr deal</div></a></li><li><a href="/news/politics-and-nation/deviating-from-evms-sanjay-raut-blames-ex-cji-chandrachud-for-maharashtra-election/videoshow/115623706.cms"><div class="duration">207000</div><img height="70" width="92" src="https://img.etimg.com/thumb/msid-115623706,width-92,height-68/deviating-from-evms,-sanjay-raut-blames-ex-cji-chandrachud-for-maharashtra-election.jpg" alt="Deviating from EVMs, Sanjay Raut blames Ex-CJI Chandrachud for Maharashtra Election"><div class="Viddesc">Deviating from EVMs, Sanjay Raut blames Ex-CJI Chandrachud for Maharashtra Election</div></a></li><li><a href="/news/defence/bomb-disposal-squad-called-as-explosive-like-object-stirs-panic-in-amritsar/videoshow/115623305.cms"><div class="duration">65000</div><img height="70" width="92" src="https://img.etimg.com/thumb/msid-115623305,width-92,height-68/bomb-disposal-squad-called-as-explosive-like-object-stirs-panic-in-amritsar.jpg" alt="Bomb disposal squad called as explosive-like object stirs panic in Amritsar"><div class="Viddesc">Bomb disposal squad called as explosive-like object stirs panic in Amritsar</div></a></li><li><a href="/news/politics-and-nation/maharashtra-results-tum-se-na-ho-paayega-shehzad-poonawalla-mocks-congress-over-maha-defeat/videoshow/115622864.cms"><div class="duration">74000</div><img height="70" width="92" src="https://img.etimg.com/thumb/msid-115622864,width-92,height-68/maharashtra-results:-tum-se-na-ho-paayega,-shehzad-poonawalla-mocks-congress-over-maha-defeat.jpg" alt="Maharashtra results: 'Tum Se Na Ho Paayega', Shehzad Poonawalla mocks Congress over Maha defeat"><div class="Viddesc">Maharashtra results: 'Tum Se Na Ho Paayega', Shehzad Poonawalla mocks Congress over Maha defeat</div></a></li><li><a href="/news/international/world-news/putin-says-russia-will-carry-out-more-oreshnik-missile-tests-in-combat/videoshow/115622022.cms"><div class="duration">146000</div><img height="70" width="92" src="https://img.etimg.com/thumb/msid-115622022,width-92,height-68/putin-says-russia-will-carry-out-more-oreshnik-missile-tests-in-combat.jpg" alt="Putin says Russia will carry out more Oreshnik missile tests in combat"><div class="Viddesc">Putin says Russia will carry out more Oreshnik missile tests in combat</div></a></li><li><a href="/news/politics-and-nation/all-party-meet-ahead-of-parliament-session-underway-cong-demands-discussion-on-adani/videoshow/115621230.cms"><div class="duration">87000</div><img height="70" width="92" src="https://img.etimg.com/thumb/msid-115621230,width-92,height-68/all-party-meet-ahead-of-parliament-session-underway,-cong-demands-discussion-on-adani.jpg" alt="All-party meet ahead of Parliament session underway, Cong demands discussion on Adani"><div class="Viddesc">All-party meet ahead of Parliament session underway, Cong demands discussion on Adani</div></a></li><li><a href="/news/defence/j-k-security-forces-conduct-search-operation-in-sidhra-after-reports-of-suspected-explosives/videoshow/115618578.cms"><div class="duration">90000</div><img height="70" width="92" src="https://img.etimg.com/thumb/msid-115618578,width-92,height-68/j-k:-security-forces-conduct-search-operation-in-sidhra-after-reports-of-suspected-explosives.jpg" alt="J-K: Security forces conduct search operation in Sidhra after reports of suspected explosives"><div class="Viddesc">J-K: Security forces conduct search operation in Sidhra after reports of suspected explosives</div></a></li><li><a href="/news/politics-and-nation/sambhal-mosque-row-stone-pelting-erupts-over-mosque-survey-police-use-tear-gas/videoshow/115617938.cms"><div class="duration">151000</div><img height="70" width="92" src="https://img.etimg.com/thumb/msid-115617938,width-92,height-68/sambhal-mosque-row:-stone-pelting-erupts-over-mosque-survey-police-use-tear-gas.jpg" alt="Sambhal mosque row: Stone-pelting erupts over mosque survey; police use tear gas"><div class="Viddesc">Sambhal mosque row: Stone-pelting erupts over mosque survey; police use tear gas</div></a></li><li><a href="/news/international/world-news/trump-picks-attorney-brooke-rollins-as-us-agriculture-secretary/videoshow/115617049.cms"><div class="duration">64000</div><img height="70" width="92" src="https://img.etimg.com/thumb/msid-115617049,width-92,height-68/trump-picks-attorney-brooke-rollins-as-us-agriculture-secretary.jpg" alt="Trump picks attorney Brooke Rollins as US agriculture secretary"><div class="Viddesc">Trump picks attorney Brooke Rollins as US agriculture secretary</div></a></li></ul><div class="clr"></div></div><div class="clrwh"></div></aside></div><div class="clr"></div><div data-ga-category="Footer Element Clicks" class="btmFooter clearfix"><div class="bottomBar clearfix"><div class="contentwrapper"><div class="flt"><a title="The Economic Times" href="https://economictimes.indiatimes.com"><img class="f_logo_w" loading="lazy" style="margin-top: 3px;" height="28" width="255" title="The Economic Times" alt="The Economic Times" src="https://img.etimg.com/photo/msid-74462387,quality-100/et-logo.jpg"><img class="f_logo_b hidden" loading="lazy" style="margin-top: 3px;" height="28" width="255" title="The Economic Times" alt="The Economic Times" src="https://img.etimg.com/photo/msid-74451948,quality-100/et-logo.jpg"></a></div><div class="btmSearch flt"><input placeholder="Search News, Stock Quotes & NAV" autocomplete="off" type="text" value="" class="inputBox" name="ticker" data-search-input=""><span class="cSprite_a searchIcon"></span></div></div></div><footer><div data-mapid="" data-q="1"></div><div class="contentwrapper"><div class="newfooter"><div class="content_pllist_data"><p>Hot on Web</p><div class="show_hide_pllist_data">MORE</div><div data-msid="7843655" data-ga-action="Hot on Web" class="footLinks"><a data-ga-onclick="IPL Auction 2025 Live Updates - href" target="_blank" title="IPL Auction 2025 Live Updates" href="https://m.economictimes.com/news/newsblogs/ipl-auction-2025-live-updates-teams-bidding-price-retention-capped-uncapped-players-2025-indian-premier-league-online-jiocinema-app-shreyas-iyer-rishabh-pant-kl-rahul-latest-news-today/liveblog/115619088.cms">IPL Auction 2025 Live Updates</a><a data-ga-onclick="IPL 2025 Auction Sold Players List - href" target="_blank" title="IPL 2025 Auction Sold Players List" href="https://economictimes.indiatimes.com/news/sports/tata-ipl-2025-mega-auction-news-live-players-price-list-teams-players-auction-price-rishabh-pant-shreyas-iyer-kl-rahul-sold-players-list/articleshow/115623218.cms">IPL 2025 Auction Sold Players List</a><a data-ga-onclick="Yuzi Chahal - href" target="_blank" title="Yuzi Chahal" href="https://economictimes.indiatimes.com/news/sports/ipl-2025-auction-yuzi-chahal-sold-to-punjab-kings-for-this-staggering-amount-of-rs-18-crore/articleshow/115626342.cms">Yuzi Chahal</a><a data-ga-onclick="KKR Squad IPL 2025 - href" target="_blank" title="KKR Squad IPL 2025" href="https://economictimes.indiatimes.com/news/sports/kkr-squad-ipl-2025-complete-list-of-players-bought-retained-by-kolkata-knight-riders/articleshow/115626414.cms">KKR Squad IPL 2025</a><a data-ga-onclick="Rishabh Pant - href" target="_blank" title="Rishabh Pant" href="https://economictimes.indiatimes.com/news/sports/ipl-2025-auction-rishabh-pant-is-the-hot-pick-of-the-season-as-lsg-makes-him-the-most-expensive-player-in-leagues-history/articleshow/115626209.cms">Rishabh Pant</a><a data-ga-onclick="DC Squad IPL 2025 - href" target="_blank" title="DC Squad IPL 2025" href="https://economictimes.indiatimes.com/news/sports/dc-squad-ipl-2025-complete-list-of-players-bought-retained-by-delhi-capitals/articleshow/115626124.cms">DC Squad IPL 2025</a><a data-ga-onclick="Gujarat Titans - href" target="_blank" title="Gujarat Titans" href="https://economictimes.indiatimes.com/news/sports/ipl-2025-auction-jos-buttler-sold-for-rs-15-75-crore-to-join-shubman-gill-led-gujarat-titans/articleshow/115626035.cms">Gujarat Titans</a><a data-ga-onclick="IPL Auction JioCinema Technical Glitch - href" target="_blank" title="IPL Auction JioCinema Technical Glitch" href="https://economictimes.indiatimes.com/industry/media/entertainment/media/jiocinema-faces-technical-glitch-during-ipl-2025-mega-auction-live-stream-alternative-ways-to-watch/articleshow/115625107.cms">IPL Auction JioCinema Technical Glitch</a><a data-ga-onclick="IPL 2025 Mega Auction - href" target="_blank" title="IPL 2025 Mega Auction" href="https://economictimes.indiatimes.com/news/sports/ipl-2025-auction-retentions-teams-purse-rcb-csk-srh-kkr-lsg-winning-strategies-rishabh-pant-kl-rahul-where-to-watch/articleshow/115617376.cms">IPL 2025 Mega Auction</a><a data-ga-onclick="Ladki Bahen Yojana - href" target="_blank" title="Ladki Bahen Yojana" href="https://m.economictimes.com/news/elections/assembly-elections/maharashtra/election-results-2024-how-rs-50-per-day-helped-the-shinde-fadnavis-ajit-sena-win-maha-game-of-thrones/articleshow/115595085.cms">Ladki Bahen Yojana</a><a data-ga-onclick="IPL 2025 Auction Live Streaming Time - href" target="_blank" title="IPL 2025 Auction Live Streaming Time" href="https://m.economictimes.com/news/sports/ipl-auction-2025-live-streaming-how-and-where-to-watch-jio-cinema-star-sports-rcb-csk-bids/articleshow/115598282.cms">IPL 2025 Auction Live Streaming Time</a><a data-ga-onclick="Maharashtra Election Winners - href" target="_blank" title="Maharashtra Election Winners" href="https://economictimes.indiatimes.com/news/elections/assembly-elections/maharashtra/maharashtra-election-2024-winners-list-check-complete-winning-candidates-list-constituency-wise/articleshow/115575055.cms">Maharashtra Election Winners</a><a data-ga-onclick="Jharkhand Election Results 2024 Live - href" target="_blank" title="Jharkhand Election Results 2024 Live" href="https://m.economictimes.com/news/newsblogs/jharkhand-election-results-2024-live-updates-vote-counting-jharkhand-assembly-election-results-bjp-jmm-india-nda-hemant-soren-champai-soren-eci-latest-news-22nd-november/liveblog/115582795.cms">Jharkhand Election Results 2024 Live</a><a data-ga-onclick="Maharashtra Election Result 2024 Live - href" target="_blank" title="Maharashtra Election Result 2024 Live" href="https://m.economictimes.com/news/newsblogs/maharashtra-election-result-2024-live-updates-vote-counting-tally-eknath-shinde-uddhav-thackeray-devendra-fadnavis-sharad-pawar-bjp-mva-shiv-sena-mahayuti-congress-ncp-eci-today-latest-news/liveblog/115582834.cms">Maharashtra Election Result 2024 Live</a><a data-ga-onclick="Bypoll Election Results Live Updates - href" target="_blank" title="Bypoll Election Results Live Updates" href="https://m.economictimes.com/news/newsblogs/up-wayanad-bypolls-election-results-2024-live-updates-punjab-karnataka-west-bengal-uttarakhand-bypolls-vote-counts/liveblog/115583827.cms">Bypoll Election Results Live Updates</a><a data-ga-onclick="NTPC Green IPO Allotment - href" target="_blank" title="NTPC Green IPO Allotment" href="https://m.economictimes.com/markets/ipos/fpos/ntpc-green-ipo-allotment-soon-check-status-gmp-listing-date-and-other-details/articleshow/115594046.cms">NTPC Green IPO Allotment</a><a data-ga-onclick="UP bypoll election results - href" target="_blank" title="UP bypoll election results" href="https://m.economictimes.com/news/politics-and-nation/up-elections-result-who-is-winning-in-up-yogi-adityanath-vs-akhilesh-yadav-bjp-vs-samajwadi-party-vs-rld/articleshow/115589094.cms">UP bypoll election results</a></div></div><div class="content_pllist_data"><p>In Case you missed it</p><div class="show_hide_pllist_data">MORE</div><div data-msid="7178160" data-ga-action="In Case you missed it" class="footLinks"><a data-ga-onclick="IPL Auction 2025 Live Updates - href" target="_blank" title="IPL Auction 2025 Live Updates" href="https://m.economictimes.com/news/newsblogs/ipl-auction-2025-live-updates-teams-bidding-price-retention-capped-uncapped-players-2025-indian-premier-league-online-jiocinema-app-shreyas-iyer-rishabh-pant-kl-rahul-latest-news-today/liveblog/115619088.cms">IPL Auction 2025 Live Updates</a><a data-ga-onclick="Jharkhand Election Results 2024 Live Updates - href" target="_blank" title="Jharkhand Election Results 2024 Live Updates" href="https://m.economictimes.com/news/newsblogs/jharkhand-election-results-2024-live-updates-vote-counting-jharkhand-assembly-election-results-bjp-jmm-india-nda-hemant-soren-champai-soren-eci-latest-news-22nd-november/liveblog/115582795.cms">Jharkhand Election Results 2024 Live Updates</a><a data-ga-onclick="Maharashtra Election Result 2024 Live Updates - href" target="_blank" title="Maharashtra Election Result 2024 Live Updates" href="https://m.economictimes.com/news/newsblogs/maharashtra-election-result-2024-live-updates-vote-counting-tally-eknath-shinde-uddhav-thackeray-devendra-fadnavis-sharad-pawar-bjp-mva-shiv-sena-mahayuti-congress-ncp-eci-today-latest-news/liveblog/115582834.cms">Maharashtra Election Result 2024 Live Updates</a><a data-ga-onclick="Bank Holiday - href" target="_blank" title="Bank Holiday" href="https://economictimes.indiatimes.com/wealth/bankholidays">Bank Holiday</a><a data-ga-onclick="Bank Holidays in Delhi - href" target="_blank" title="Bank Holidays in Delhi" href="https://economictimes.indiatimes.com/wealth/bankholidays/state-delhi.cms">Bank Holidays in Delhi</a><a data-ga-onclick="Bank Holidays in Uttar Pradesh - href" target="_blank" title="Bank Holidays in Uttar Pradesh" href="https://economictimes.indiatimes.com/wealth/bankholidays/state-uttar-pradesh.cms">Bank Holidays in Uttar Pradesh</a><a data-ga-onclick="Nifty 50 - href" target="_blank" title="Nifty 50" href="https://economictimes.indiatimes.com/markets/indices/nifty-50">Nifty 50</a><a data-ga-onclick="Sensex - href" target="_blank" title="Sensex" href="https://economictimes.indiatimes.com/markets/indices/bse-sensex">Sensex</a><a data-ga-onclick="Indices - href" target="_blank" title="Indices" href="https://economictimes.indiatimes.com/markets/indices">Indices</a><a data-ga-onclick="Top Gainers - href" target="_blank" title="Top Gainers" href="https://economictimes.indiatimes.com/stocks/marketstats/top-gainers">Top Gainers</a><a data-ga-onclick="Top Losers - href" target="_blank" title="Top Losers" href="https://economictimes.indiatimes.com/stocks/marketstats/top-losers">Top Losers</a><a data-ga-onclick="Bajaj Housing Finance Share Price - href" target="_blank" title="Bajaj Housing Finance Share Price" href="https://economictimes.indiatimes.com/bajaj-housing-finance-ltd/stocks/companyid-60813.cms">Bajaj Housing Finance Share Price</a><a data-ga-onclick="Jio Network Issue - href" target="_blank" title="Jio Network Issue" href="https://m.economictimes.com/news/india/jio-network-down-several-users-complaint-network-issue-downdetector-confirms-outage/articleshow/113417252.cms">Jio Network Issue</a><a data-ga-onclick="Delhi New CM Atishi - href" target="_blank" title="Delhi New CM Atishi" href="https://m.economictimes.com/news/politics-and-nation/delhi-new-cm-atishi-of-aam-aadmi-party-becomes-new-chief-minister-of-delhi-after-arvind-kejriwal-resignation/articleshow/113415031.cms">Delhi New CM Atishi</a><a data-ga-onclick="Delhi CM Announcement Live Updates - href" target="_blank" title="Delhi CM Announcement Live Updates" href="https://m.economictimes.com/news/newsblogs/latest-daily-news-live-updates-september-17-india-arvind-kejriwal-pm-modi-birthday-wishes-bjp-congress-assembly-elections-haryana-jammu-kashmir-rahul-gandhi-modi-3-0-us-presidential-election-donald-trump-kamala-harris/liveblog/113407492.cms">Delhi CM Announcement Live Updates</a><a data-ga-onclick="PM Modi Birthday Updates - href" target="_blank" title="PM Modi Birthday Updates" href="https://m.economictimes.com/news/newsblogs/pm-modi-birthday-live-updates-prime-minister-narendra-modi-visits-today-photo-video-wishes-speech-17-september-2024/liveblog/113408169.cms">PM Modi Birthday Updates</a><a data-ga-onclick="Nipah Virus Symptoms - href" target="_blank" title="Nipah Virus Symptoms" href="https://economictimes.indiatimes.com/magazines/panache/nipah-virus-claims-another-life-in-kerala-district-masks-mandatory-schools-shut-symptoms-treatment-and-transmission-explained/articleshow/113409828.cms">Nipah Virus Symptoms</a></div></div><div data-attr="interlinking" class="content_pllist_data"><div class="show_hide_interlinking">MORE</div><p>Top Searched Companies</p><div class="footLinks"><a title="IRFC share price" target="_blank" href="https://economictimes.indiatimes.com/indian-railway-finance-corporation-ltd/stocks/companyid-12523.cms" class="ellipsis">IRFC share price</a><a title="Suzlon share price" target="_blank" href="https://economictimes.indiatimes.com/suzlon-energy-ltd/stocks/companyid-1209.cms" class="ellipsis">Suzlon share price</a><a title="IREDA share price" target="_blank" href="https://economictimes.indiatimes.com/indian-renewable-energy-development-agency-ltd/stocks/companyid-4517.cms" class="ellipsis">IREDA share price</a><a title="TATA Motors share price" target="_blank" href="https://economictimes.indiatimes.com/tata-motors-ltd/stocks/companyid-12934.cms" class="ellipsis">TATA Motors share price</a><a title="Yes bank share price" target="_blank" href="https://economictimes.indiatimes.com/yes-bank-ltd/stocks/companyid-16552.cms" class="ellipsis">Yes bank share price</a><a title="HDFC Bank share price" target="_blank" href="https://economictimes.indiatimes.com/hdfc-bank-ltd/stocks/companyid-9195.cms" class="ellipsis">HDFC Bank share price</a><a title="NHPC share price" target="_blank" href="https://economictimes.indiatimes.com/nhpc-ltd/stocks/companyid-12536.cms" class="ellipsis">NHPC share price</a><a title="RVNL share price" target="_blank" href="https://economictimes.indiatimes.com/rail-vikas-nigam-ltd/stocks/companyid-18466.cms" class="ellipsis">RVNL share price</a><a title="SBI share price" target="_blank" href="https://economictimes.indiatimes.com/state-bank-of-india/stocks/companyid-11984.cms" class="ellipsis">SBI share price</a><a title="Tata power share price" target="_blank" href="https://economictimes.indiatimes.com/tata-power-company-ltd/stocks/companyid-12918.cms" class="ellipsis">Tata power share price</a><a title="Tata steel share price" target="_blank" href="https://economictimes.indiatimes.com/tata-steel-ltd/stocks/companyid-12902.cms" class="ellipsis">Tata steel share price</a><a title="Adani power share price" target="_blank" href="https://economictimes.indiatimes.com/adani-power-ltd/stocks/companyid-23479.cms" class="ellipsis">Adani power share price</a><a title="Paytm share price" target="_blank" href="https://economictimes.indiatimes.com/one97-communications-ltd/stocks/companyid-2017785.cms" class="ellipsis">Paytm share price</a><a title="PNB share price" target="_blank" href="https://economictimes.indiatimes.com/punjab-national-bank/stocks/companyid-11585.cms" class="ellipsis">PNB share price</a><a title="Zomato share price" target="_blank" href="https://economictimes.indiatimes.com/zomato-ltd/stocks/companyid-57948.cms" class="ellipsis">Zomato share price</a><a title="BEL share price" target="_blank" href="https://economictimes.indiatimes.com/bharat-electronics-ltd/stocks/companyid-11945.cms" class="ellipsis">BEL share price</a><a title="BHEL share price" target="_blank" href="https://economictimes.indiatimes.com/bharat-heavy-electricals-ltd/stocks/companyid-11831.cms" class="ellipsis">BHEL share price</a><a title="Infosys share price" target="_blank" href="https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms" class="ellipsis">Infosys share price</a><a title="IRCTC share price" target="_blank" href="https://economictimes.indiatimes.com/indian-railway-catering-tourism-corporation-ltd/stocks/companyid-16705.cms" class="ellipsis">IRCTC share price</a><a title="ITC share price" target="_blank" href="https://economictimes.indiatimes.com/itc-ltd/stocks/companyid-13554.cms" class="ellipsis">ITC share price</a><a title="JIO finance share price" target="_blank" href="https://economictimes.indiatimes.com/jio-financial-services-ltd/stocks/companyid-14555.cms" class="ellipsis">JIO finance share price</a><a title="LIC share price" target="_blank" href="https://economictimes.indiatimes.com/life-insurance-corporation-of-india/stocks/companyid-5050.cms" class="ellipsis">LIC share price</a><a title="Reliance share price" target="_blank" href="https://economictimes.indiatimes.com/reliance-industries-ltd/stocks/companyid-13215.cms" class="ellipsis">Reliance share price</a><a title="HAL share price" target="_blank" href="https://economictimes.indiatimes.com/hindustan-aeronautics-ltd/stocks/companyid-9206.cms" class="ellipsis">HAL share price</a><a title="JP Power share price" target="_blank" href="https://economictimes.indiatimes.com/jaiprakash-power-ventures-ltd/stocks/companyid-1513.cms" class="ellipsis">JP Power share price</a><a title="NBCC share price" target="_blank" href="https://economictimes.indiatimes.com/nbcc-india-ltd/stocks/companyid-4531.cms" class="ellipsis">NBCC share price</a><a title="TCS share price" target="_blank" href="https://economictimes.indiatimes.com/tata-consultancy-services-ltd/stocks/companyid-8345.cms" class="ellipsis">TCS share price</a><a title="Vedanta share price" target="_blank" href="https://economictimes.indiatimes.com/vedanta-ltd/stocks/companyid-13111.cms" class="ellipsis">Vedanta share price</a><a title="Wipro share price" target="_blank" href="https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms" class="ellipsis">Wipro share price</a><a title="IOC share price" target="_blank" href="https://economictimes.indiatimes.com/indian-oil-corporation-ltd/stocks/companyid-11924.cms" class="ellipsis">IOC share price</a><a title="Ircon share price" target="_blank" href="https://economictimes.indiatimes.com/ircon-international-ltd/stocks/companyid-11980.cms" class="ellipsis">Ircon share price</a><a title="SAIL share price" target="_blank" href="https://economictimes.indiatimes.com/steel-authority-of-india-sail-ltd/stocks/companyid-11974.cms" class="ellipsis">SAIL share price</a><a title="SJVN share price" target="_blank" href="https://economictimes.indiatimes.com/sjvn-ltd/stocks/companyid-18460.cms" class="ellipsis">SJVN share price</a><a title="GAIL share price" target="_blank" href="https://economictimes.indiatimes.com/gail-india-ltd/stocks/companyid-4845.cms" class="ellipsis">GAIL share price</a><a title="HUDCO share price" target="_blank" href="https://economictimes.indiatimes.com/housing-and-urban-development-corporation-ltd/stocks/companyid-4516.cms" class="ellipsis">HUDCO share price</a><a title="REC share price" target="_blank" href="https://economictimes.indiatimes.com/rec-ltd/stocks/companyid-4616.cms" class="ellipsis">REC share price</a><a title="Reliance Power share price" target="_blank" href="https://economictimes.indiatimes.com/reliance-power-ltd/stocks/companyid-4422.cms" class="ellipsis">Reliance Power share price</a><a title="Tata Technologies share price" target="_blank" href="https://economictimes.indiatimes.com/tata-technologies-ltd/stocks/companyid-4612.cms" class="ellipsis">Tata Technologies share price</a><a title="Vodafone idea share price" target="_blank" href="https://economictimes.indiatimes.com/vodafone-idea-ltd/stocks/companyid-3154.cms" class="ellipsis">Vodafone idea share price</a><a title="Adani Enterprises share price" target="_blank" href="https://economictimes.indiatimes.com/adani-enterprises-ltd/stocks/companyid-9074.cms" class="ellipsis">Adani Enterprises share price</a><a title="Adani Green share price" target="_blank" href="https://economictimes.indiatimes.com/adani-green-energy-ltd/stocks/companyid-64847.cms" class="ellipsis">Adani Green share price</a><a title="Adani Port share price" target="_blank" href="https://economictimes.indiatimes.com/adani-ports-special-economic-zone-ltd/stocks/companyid-20316.cms" class="ellipsis">Adani Port share price</a><a title="Ashok Leyland share price" target="_blank" href="https://economictimes.indiatimes.com/ashok-leyland-ltd/stocks/companyid-14041.cms" class="ellipsis">Ashok Leyland share price</a><a title="Bank of Baroda share price" target="_blank" href="https://economictimes.indiatimes.com/bank-of-baroda/stocks/companyid-12040.cms" class="ellipsis">Bank of Baroda share price</a><a title="BSE share price" target="_blank" href="https://economictimes.indiatimes.com/bse-ltd/stocks/companyid-2809.cms" class="ellipsis">BSE share price</a><a title="Canara Bank share price" target="_blank" href="https://economictimes.indiatimes.com/canara-bank/stocks/companyid-9218.cms" class="ellipsis">Canara Bank share price</a><a title="CDSL share price" target="_blank" href="https://economictimes.indiatimes.com/central-depository-services-india-ltd/stocks/companyid-4259.cms" class="ellipsis">CDSL share price</a><a title="Coal India share price" target="_blank" href="https://economictimes.indiatimes.com/coal-india-ltd/stocks/companyid-11822.cms" class="ellipsis">Coal India share price</a><a title="HFCL share price" target="_blank" href="https://economictimes.indiatimes.com/hfcl-ltd/stocks/companyid-13649.cms" class="ellipsis">HFCL share price</a><a title="IDFC First Bank share price" target="_blank" href="https://economictimes.indiatimes.com/idfc-first-bank-ltd/stocks/companyid-62245.cms" class="ellipsis">IDFC First Bank share price</a></div></div><div class="content_pllist_data"><p>Top Calculators</p><div class="show_hide_pllist_data">MORE</div><div data-msid="89402571" data-ga-action="Top Calculators" class="footLinks"><a data-ga-onclick="Standard Deviation Calculator - href" target="_blank" title="Standard Deviation Calculator" href="https://economictimes.indiatimes.com/news/standard-deviation-variance-calculator">Standard Deviation Calculator</a><a data-ga-onclick="Income Tax Calculator - href" target="_blank" title="Income Tax Calculator" href="https://economictimes.indiatimes.com/wealth/calculators/income-tax-calculator">Income Tax Calculator</a><a data-ga-onclick="Age Calculator - href" target="_blank" title="Age Calculator" href="https://economictimes.indiatimes.com/news/age-calculator">Age Calculator</a><a data-ga-onclick="SIP Calculator - href" target="_blank" title="SIP Calculator" href="https://economictimes.indiatimes.com/wealth/calculators/sip-calculator">SIP Calculator</a><a data-ga-onclick="Time Calculator - href" target="_blank" title="Time Calculator" href="https://economictimes.indiatimes.com/news/time-calculator">Time Calculator</a><a data-ga-onclick="BMI Calculator - href" target="_blank" title="BMI Calculator" href="https://economictimes.indiatimes.com/magazines/panache/bmi-calculator">BMI Calculator</a><a data-ga-onclick="GPA Calculator - href" target="_blank" title="GPA Calculator" href="https://economictimes.indiatimes.com/news/gpa-calculator">GPA Calculator</a><a data-ga-onclick="Statistics Calculator - href" target="_blank" title="Statistics Calculator" href="https://economictimes.indiatimes.com/news/statistics-calculator">Statistics Calculator</a><a data-ga-onclick="Fraction Calculator - href" target="_blank" title="Fraction Calculator" href="https://economictimes.indiatimes.com/news/fraction-calculator">Fraction Calculator</a><a data-ga-onclick="Diabetes Risk Calculator - href" target="_blank" title="Diabetes Risk Calculator" href="https://economictimes.indiatimes.com/magazines/panache/diabetes-risk-calculator">Diabetes Risk Calculator</a><a data-ga-onclick="Date Calculator - href" target="_blank" title="Date Calculator" href="https://economictimes.indiatimes.com/news/date-calculator">Date Calculator</a><a data-ga-onclick="Log Calculator - href" target="_blank" title="Log Calculator" href="https://economictimes.indiatimes.com/news/log-calculator">Log Calculator</a></div></div><div data-attr="interlinking" class="content_pllist_data"><div class="show_hide_interlinking">MORE</div><p>Top Commodities</p><div class="footLinks"><a target="_blank" href="https://economictimes.indiatimes.com/commoditysummary/symbol-MENTHAOIL.cms" class="ellipsis">Menthaoil Rate</a><a target="_blank" href="https://economictimes.indiatimes.com/commoditysummary/symbol-SILVER.cms" class="ellipsis">Silver Rate</a><a target="_blank" href="https://economictimes.indiatimes.com/markets/gold-rate-in-india-today" class="ellipsis">Gold Rate</a><a target="_blank" href="https://economictimes.indiatimes.com/commoditysummary/symbol-COPPER.cms" class="ellipsis">Copper Rate</a><a target="_blank" href="https://economictimes.indiatimes.com/commoditysummary/symbol-ALUMINIUM.cms" class="ellipsis">Aluminium Rate</a></div></div><div data-attr="interlinking" class="content_pllist_data"><div class="show_hide_interlinking">MORE</div><p>Top Prime Articles</p><div class="footLinks"><a target="_blank" href="https://economictimes.indiatimes.com/prime/money-and-markets/is-nifty-next-50-a-good-bet-only-if-you-are-a-super-long-term-investor-/primearticleshow/98187444.cms" class="ellipsis">Is Nifty Next 50 A Good Bet Only If You Are A Super Long Term Investor</a><a target="_blank" href="https://economictimes.indiatimes.com/nippon-india-growth-fund-direct-plan/mffactsheet/schemeid-16083.cms" class="ellipsis">Nippon India Fund Direct</a><a target="_blank" href="https://economictimes.indiatimes.com/prime/energy/after-adani-stocks-hindenburg-may-have-crashed-into-indias-green-hydrogen-mission-too/primearticleshow/98253923.cms" class="ellipsis">After Adani Stocks Hindenburg May Have Crashed Into Indias Green Hydrogen Mission Too</a><a target="_blank" href="https://economictimes.indiatimes.com/prime/money-and-markets/mens-underwear-sales-are-falling-should-indian-economy-prepare-for-a-below-the-belt-jolt/primearticleshow/98254338.cms" class="ellipsis">Mens Underwear Sales Are Falling Should Indian Economy Prepare For A Below The Belt Jolt</a><a target="_blank" href="https://economictimes.indiatimes.com/prime/consumer/reliance-jiocinema-is-streaming-ipl-2023-for-free-will-this-now-disrupt-the-ott-business/primearticleshow/98188026.cms" class="ellipsis">Reliance Jiocinema Is Streaming Ipl 2023 For Free Will This Now Disrupt The Ott Business</a></div></div><div data-attr="interlinking" class="content_pllist_data"><div class="show_hide_interlinking">MORE</div><p>Top Definitions</p><div class="footLinks"><a target="_blank" href="https://economictimes.indiatimes.com/definition/category/Economy" class="ellipsis">Economy</a><a target="_blank" href="https://economictimes.indiatimes.com/definition/law-of-diminishing-utility" class="ellipsis">Law Of Diminishing Utility</a><a target="_blank" href="https://economictimes.indiatimes.com/definition/pricing-strategies" class="ellipsis">Pricing Strategies</a><a target="_blank" href="https://economictimes.indiatimes.com/definition/risk" class="ellipsis">Risk</a><a target="_blank" href="https://economictimes.indiatimes.com/definition/random-sampling" class="ellipsis">Random Sampling</a></div></div><div data-attr="interlinking" class="content_pllist_data"><div class="show_hide_interlinking">MORE</div><p>Top Story Listing</p><div class="footLinks"><a target="_blank" href="https://economictimes.indiatimes.com/wealth/invest/epfo-pension" class="ellipsis">Epfo Pension</a><a target="_blank" href="https://economictimes.indiatimes.com/wealth/invest/epfo" class="ellipsis">Epfo</a><a target="_blank" href="https://economictimes.indiatimes.com/markets/nifty-crash" class="ellipsis">Nifty Crash</a><a target="_blank" href="https://economictimes.indiatimes.com/wealth/insure/lic" class="ellipsis">Lic</a><a target="_blank" href="https://economictimes.indiatimes.com/news/earthquake-in-delhi" class="ellipsis">Earthquake In Delhi</a></div></div><div data-attr="interlinking" class="content_pllist_data"><div class="show_hide_interlinking">MORE</div><p>Private Companies</p><div class="footLinks"><a target="_blank" href="https://economictimes.indiatimes.com/company/ndx-p2p-private-limited/U67200MH2018PTC306270" class="ellipsis">Ndx P2p Private Limited</a><a target="_blank" href="https://economictimes.indiatimes.com/company/ola-electric-mobility-private-limited/U74999KA2017PTC099619" class="ellipsis">Ola Electric Mobility Private Limited</a><a target="_blank" href="https://economictimes.indiatimes.com/company/mi-lifestyle-marketing-global-private-limited/U74999TN2013PTC090049" class="ellipsis">Mi Lifestyle Marketing Global Private Limited</a><a target="_blank" href="https://economictimes.indiatimes.com/company/google-india-digital-services-private-limited/U74999HR2017PTC067218" class="ellipsis">Google India Digital Services Private Limited</a></div></div><div data-attr="interlinking" class="content_pllist_data"><div class="show_hide_interlinking">MORE</div><p>Top Market Pages</p><div class="footLinks"><a target="_blank" href="https://economictimes.indiatimes.com/definition/fully-drawn-advance" class="ellipsis">Fully Drawn Advance</a></div></div><div data-attr="interlinking" class="content_pllist_data"><div class="show_hide_interlinking">MORE</div><p>Top Slideshow</p><div class="footLinks"><a target="_blank" href="/markets/stocks/news/budget-2023-top-10-stocks-in-focus-after-sitharamans-announcements/icici-bank/slideshow/97524965.cms" class="ellipsis">Icici Bank</a><a target="_blank" href="/markets/stocks/news/trading-guide-wipro-among-3-stock-recommendations-for-friday/stock-ideas/slideshow/97559241.cms" class="ellipsis">Stock Ideas</a><a target="_blank" href="/markets/stocks/news/itc-3-banks-among-10-stocks-that-received-price-upgrades-in-one-month/axis-bank/slideshow/97999856.cms" class="ellipsis">Axis Bank</a><a target="_blank" href="https://economictimes.indiatimes.com/prime/pharma-and-healthcare/how-rajendra-badwe-is-making-cancer-treatment-affordable-by-repurposing-easily-available-drugs/primearticleshow/97809191.cms" class="ellipsis">How Rajendra Badwe Is Making Cancer Treatment Affordable By Repurposing Easily Available Drugs</a><a target="_blank" href="/news/india/feeling-uneasy-after-breakfast-stop-consuming-these-foods/raw-vegetables/slideshow/98015539.cms" class="ellipsis">Raw Vegetables</a></div></div><div data-url="/otherfooterlinks.cms" class="lazyWidget" id="otherFooterLinks"></div><include-html>/footer_latestnews.cms</include-html><div class="clr"></div></div></div><div class="logo_bottom"><div class="contentwrapper clearfix"><div data-ga-action="Follow Us" class="flt box followUs"><p>Follow us on:</p><a data-ga-onclick="Facebook - href" href="https://www.facebook.com/EconomicTimes" rel="nofollow" title="Facebook" target="_blank"><span class="cSprite fb"></span></a><a data-ga-onclick="Twitter - href" href="https://twitter.com/economictimes" rel="nofollow" target="_blank" title="Twitter"><span class="cSprite twt"></span></a><a data-ga-onclick="Linkedin - href" href="https://www.linkedin.com/company/economictimes" rel="nofollow" target="_blank" title="LinkedIn"><span class="cSprite linkin"></span></a><a data-ga-onclick="Rss - href" href="https://economictimes.indiatimes.com/rss.cms" target="_blank" title="RSS"><span class="cSprite rss"></span></a></div><div data-ga-action="Download ET App" class="flt box etDwnld"><h2 style="text-transform: none;" class="uc">Download ET App:</h2><a data-ga-onclick="Play Store - href" href="https://play.google.com/store/apps/details?id=com.et.reader.activities" rel="nofollow" aria-label="ET Play Store" target="_blank"><span class="cSprite gpdownload"></span></a><a data-ga-onclick="App Store - href" href="https://itunes.apple.com/us/app/the-economic-times/id474766725?ls=1&t=8apple.com/us" rel="nofollow" aria-label="ET App Store" target="_blank"><span class="cSprite appstoredownload"></span></a></div><div class="flr box"><a data-ga-onclick="Subscription Flow#SYFT#Footer - url" href="https://economictimes.indiatimes.com/prime?utm_source=economictimes.indiatimes.com&utm_medium=footer&utm_campaign=ETPrimedistribution" aria-label="ET Prime" target="_blank"><span class="cSprite primeIcon"></span></a></div><div data-ga-action="Subscribe Newsletter" class="flr box gdprEle"><a data-ga-onclick="Subscribe - href" href="https://economictimes.indiatimes.com/subscription" target="_blank"><span class="cSprite nwesltsub"></span><span class="footerSubscrTxt">subscribe to our newsletter</span></a></div></div></div><div data-ga-action="Copyright" class="copyright">Copyright © 2024 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: <a data-ga-onclick="Times Syndication Service - href" href="https://timescontent.timesgroup.com/" target="_blank" rel="nofollow">Times Syndication Service</a><button style="display:none;" class="ot-sdk-show-settings ca_show" id="ot-sdk-btn"></button></div></footer></div><div id="shareVertHolder"><section id="shareHorz"><div class="socialLinks"><a aria-label="facebook" class="fb lSprit shareSprite" href="javascript://" rel="nofollow" data-dimension="1" data-ga-onshare="Facebook#Share#https://economictimes.indiatimes.com/definition/base-rate#/definition/base-rate" data-src="https://ecoti.in/aevwcY" data-share-url="https://ecoti.in/aevwcY" data-share-title="" title="facebook"></a><a class="twt shareSprite" href="javascript://" rel="nofollow" data-dimension="1" data-ga-onshare="Twitter#Tweet#https://economictimes.indiatimes.com/definition/base-rate#/definition/base-rate" data-src="https://ecoti.in/DyHXEY12" data-share-url="https://ecoti.in/DyHXEY12" data-share-title="" aria-label="twitter" title="twitter"></a><a aria-label="linkedin" class="in lSprit shareSprite" href="javascript://" rel="nofollow" data-dimension="1" data-ga-onshare="LinkedIn#Share#https://economictimes.indiatimes.com/definition/base-rate#/definition/base-rate" data-src="https://ecoti.in/4_gC9Z68" data-share-url="https://ecoti.in/4_gC9Z68" data-share-title="" title="linkedin"></a><a class="wa shareSprite" href="javascript://" rel="nofollow" data-dimension="1" data-ga-onshare="Whatsapp#Share#https://economictimes.indiatimes.com/definition/base-rate#/definition/base-rate" data-src="https://ecoti.in/io3bwa" data-share-url="https://ecoti.in/io3bwa" data-watext="Hey, This might interest you! %0A%0A" data-share-title="" aria-label="whatsapp" title="whatsapp"></a></div></section></div></section><div class="add_to_portfolio hidden"></div><div class="popup hidden" id="shareEmail"><h3 class="ttile4">Mail this Definition</h3><div style="margin:0 auto; width:440px"><iframe width="440" height="400" marginwidth="0" marginheight="0" hspace="0" vspace="0" frameborder="0" scrolling="no"></iframe></div></div><div id="slidebadgearea"></div><script type="text/javascript">var page_msid = '';</script><span class="hidden livetv_popup"></span><script type="text/javascript" src="https://economictimes.indiatimes.com/js_jquery351/v-8.cms"></script><script> var language = ''; </script><script onerror="errorLogs(this)" src="https://economictimes.indiatimes.com/js_common_new/v-863,minify-1.cms" type="text/javascript"></script><script onerror="errorLogs(this)" src="https://economictimes.indiatimes.com/js_definition/v-18,minify-1.cms" type="text/javascript"></script><script>var page = { keywords : 'base rate', msid : , subsec1 : '', compId : '', cfmid : '', budgetCommentKeyword: '0', articleDate : '', twttitle : "Definition of Base Rate | What is Base Rate ? Base Rate Meaning - The Economic Times" } var sharer = { title:"What is Base Rate? Definition of Base Rate, Base Rate Meaning - The Economic Times", img:"https://img.etimg.com/photo/6325547.cms", desc:"Base Rate definition - What is meant by the term Base Rate ? meaning of IPO, Definition of Base Rate on The Economic Times.", url:"https://economictimes.indiatimes.com/definition/base-rate" } var isMarket = 0; var shareURL = "https://economictimes.indiatimes.com/definition/base-rate"; var lp_read_act = "read";var articleDate = "", dt1 = articleDate.split(','), dt2 = dt1[0], dt3 = dt2.split(' '), dt4 = dt3[1]+ " " + dt3[0], dt5 = dt4 + "," + dt1[1] + "," + dt1[2]; var catids = ',,,,'; var _pg_startpt = (new Date()).getTime(); function trim(str){return str.replace(/^\s\s*/, '').replace(/\s\s*$/, '');} var _iBeat_articleid=""; var _iBeat_tag=''; var _iBeat_url = window.location.href; _iBeat_url=escape(_iBeat_url); var _iBeat_type="1"; var _iBeat_action="1"; var _iBeat_cat=trim(""); var _iBeat_subcat=trim(""); var _iBeat_articledt=''; var _iBeat_author=""; var _iBeat_channel=""; var _page_config = { host: 'economictimes.indiatimes.com', key: 'f66e70a45a565c9c76a526c5e9e99df', domain: 'economictimes.indiatimes.com', channel: _iBeat_channel, action :_iBeat_action, articleId: _iBeat_articleid, contentType: 1, location : 1, cat : _iBeat_cat, subcat: _iBeat_subcat, contenttag: _iBeat_tag, catIds: catids, articledt:dt5, author: _iBeat_author, articledt:_iBeat_articledt }; (function(){ function pingIbeat() { window._pg_endpt=(new Date()).getTime(); var e = document.createElement('script'); e.setAttribute('language', 'javascript'); e.setAttribute('type', 'text/javascript'); e.setAttribute('src', PROTOCOL + "//ibeat.indiatimes.com/js/pgtrackingV9.js"); document.body.appendChild(e); } var oldonload = window.onload; window.onload = (typeof window.onload != 'function') ? pingIbeat : function() { oldonload(); pingIbeat(); }; })(); $(document).ready(function(){ $("#subSecNav a[href*='" + page.cfmid + "']").addClass('current'); $("#personmsStory .display ul li").hide(); $("#personmsStory .display ul li").eq(0).show(); var i=2,k=0; setInterval(function(){ if(i>5){ k=i-1; $("li.select"+k).hide(); i=1; $("li.select"+i).show(); i++; }else{ k=i-1; $("li.select"+k).hide(); $("li.select"+i).show(); i++; } }, 8000); }); </script><div data-loc="100" class="skipStickyBand stk_ftr_ad_exin" data-size="[728, 90]" data-adsSlot="ET_ROS_NW/ET_ROS_EX_IND_Sticky_728" style="max-width: 728px; min-height: 90px; position: fixed; bottom: 0px;left:0;right:0;margin:0 auto;text-align: center;z-index: 999;" id="div-gpt-ad-1649413409418-01"></div><script data-domain-script="9c436ed7-68da-4e62-86c3-bc55a27afd97" charset="UTF-8" type="text/javascript" src="https://cdn.cookielaw.org/consent/9c436ed7-68da-4e62-86c3-bc55a27afd97/otSDKStub.js"></script><script type="text/javascript">function OptanonWrapper() { }</script><script type="text/javascript"> if(optParam != "1") { try { var _page_config; var monthName = ['Jan','Feb','Mar','Apr','May','Jun','Jul','Aug','Sep','Oct','Nov','Dec']; var IBDate = new Date(); var IBDateFmt = function() { return monthName[IBDate.getMonth()] +' '+IBDate.getDate()+', '+IBDate.getFullYear()+', 12.00 AM IST'; } var ibeatDate = ''+ IBDateFmt() +''; var _iBeat_cat = 'Others', _iBeat_subcat = '', _iBeat_catids = ''; _page_config = { host : 'economictimes.indiatimes.com', key : 'f66e70a45a565c9c76a526c5e9e99df', domain : 'economictimes.indiatimes.com', channel : '', action : 1, articleId : 0, contentType: 20, location : 1, cat : 'Others', subcat : '', contenttag : '', catIds : '', articledt : ibeatDate, author : '', url : window.location.href, iBeatField : 'undefined' } var _ib_vct = 0; if(ssoid = getCookie('ssoid')) { try { _ib_vct = 2; var jData = JSON.parse(localStorage.getItem('jStorage')),userData = jData && jData['prime_'+getCookie('TicketId')] || {}, up = userData.permissions || []; if(up.indexOf("subscribed") > -1) { _ib_vct = 1; } if (grx_up.length == 0) { _ib_vct = 0; } } catch (e) {} } else { _ib_vct = 3; } var _ibeat_track = {"visitor_cat" : _ib_vct} _ibeat_track.ct = "20"; } catch (e) {console.error('error', e);} var secname=""; var agename=''; var _mfq = (_mfq || []), mouseflowPath = '/definition_show'; } window.setColuuid && setColuuid(); window.ga && ga('set', {'dimension57': window.__tiluuid, 'dimension30': window._col_uuid}); </script><script> function invokeLogin(){ try{ isLoggedSso = getCookievaluetwitt('MSCSAuth'); if(Get_Ckie('autologin')!=null){ Delete_Ckie("autologin","/",".indiatimes.com"); } tpbar1(); } catch(ex) { } ga('send', 'event', 'Temp', 'invokeLogin', window.location.href); } </script><script type="text/javascript"> var gtmDimension = {'pageTitle': document.title,...grxDimension,'event' : 'et_push_pageload','user_id': getCookie('ssoid'),'user_grx_id': getCookie('_grx'),'top_50_company': 0 }; window.dataLayer = window.dataLayer || []; window.dataLayer.push(gtmDimension); (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-566NCXC'); </script><noscript><iframe style="display:none;visibility:hidden" width="0" height="0" src="https://www.googletagmanager.com/ns.html?id=GTM-566NCXC"></iframe></noscript><div class="ssoLoginWrap hide"><div class="ssoLoginElm" id="ssoLogin"></div></div><script src="https://timesofindia.indiatimes.com/etads_v2/minify-1.cms" type="text/javascript" async="async"></script></body></html>