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India's fiscal deficit on track, but spending challenges persist, govt. ha
Updated : 1 year, 3 months ago IST
The central government fiscal deficit stands at 46.5 per cent of its budget estimates in the first seven months of the current financial year 2025, highlights a report by Union Bank of India.
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If we exclude vegetable prices, CPI inflation remains in RBI's range: UBI
Updated : 1 year, 4 months ago IST
India's retail inflation rose to a 14-month high of 6.21 per cent in October, up from 5.49 per cent in August. On the back of rising vegetable prices food inflation galloped and rose in double digits for the first time in fifteen months to 10.87 per cent from 9.2 per cent in the previous mon
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CPI inflation is likely to breach 6% in October: UBI report
Updated : 1 year, 4 months ago IST
The continued spurt in food prices and fading of the high base effect likely led to a spike in October retail inflation figures. According to a report by the Union Bank of India, retail inflation based on the Consumer Price Index is seen jumping to 6.15 per cent, breaching RBI's 6 per cent t
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Rupee will hover near current levels with a positive bias: UBI Report
Updated : 1 year, 5 months ago IST
Technically, experts suggest that the rupee may find support at Rs 83.76, with strong resistance around Rs 83.99. A breach of these levels could push the currency to test Rs 84.16, last seen in non-deliverable forward (NDF) markets.
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Food inflation to moderate, but any surprise in monsoon or floods may trig
Updated : 1 year, 6 months ago IST
A rise in reservoir levels, coupled with improved sowing of kharif crops are expected to keep the supply-side concerns at bay for some time, the report prepared by the lender's research team said on Friday.
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