These are Suggested Articles for 16th September 2015 from The Hindu and Indian Express also included in the post are daily current affairs from various sources.
- UAE deports 4 from Kerala for ‘IS links’ – Today’s Paper – The Hindu
- India reaches out, wants to upgrade ties with North Korea – Today’s Paper – The Hindu
- Anti-tank guided missile test-fired – NATIONAL – The Hindu
- India reaches out to North Korea – NATIONAL – The Hindu
- Centre to allow foreign experts to teach in India – NATIONAL – The Hindu
- Case against former CJI: SC seeks A-G’s assistance – NATIONAL – The Hindu
- G4 leaders plan summit meet – INTERNATIONAL – The Hindu
- Small leap forward in child health – OPINION – The Hindu
- Easing the burden or dumbing down? – OPINION – The Hindu
- Fresh initiatives in Sri Lanka – OPINION – The Hindu
- Double the honour – OPINION – The Hindu
- It’s not the Chinese economy that’s in crisis – OPINION – The Hindu
- Exports drop by more than 20% – BUSINESS – The Hindu
- Pentagon creates India Rapid Reaction Cell – The Hindu
- Hungary launches border crackdown, says refugees risk expulsion – The Hindu
DEFINITION of ‘Basis Point (BPS)’
A basis point, or bp, is a common unit of measure for interest rates and other percentages in finance. One basis point is equal to 1/100th of 1%, or 0.01% (0.0001), and is used to denote the percentage change in a financial instrument. The relationship between percentage changes and basis points can be summarized as follows: 1% change = 100 basis points, and 0.01% = 1 basis point.
The Pentagon is the headquarters of the United States Department of Defense, located in Arlington County, Virginia. As a symbol of the U.S. military, “the Pentagon” is often used metonymically to refer to the U.S. Department of Defense.