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Despite downward revision in nominal GDP, India's fiscal dynamics remain c
Updated : 1 week, 5 days ago IST
Despite a downward revision in nominal GDP following a change in the base year, India's overall fiscal dynamics remain very comfortable, with the fiscal deficit contained at 63 per cent of the revised estimates (RE) during April-January FY26, according to a report by Union Bank of India.
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India's third-quarter GDP for FY26 likely at 8.3% despite adverse base eff
Updated : 2 weeks, 2 days ago IST
The country's Gross Domestic Product (GDP) growth for the third quarter of the current financial year (Q3 FY26) is likely to remain elevated at 8.3 per cent despite an adverse base effect, according to a report by Union Bank of India.
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Rupee likely to trade in Rs 90.40-91.20/USD range next week on sustained e
Updated : 2 weeks, 3 days ago IST
The Indian rupee is expected to trade in the range of Rs 90.40-91.20 per US dollar throughout the next week, supported by sustained equity inflows and improving structural factors, according to a report by Union Bank of India.
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India now in 'middle ground' after fresh US tariffs but any hike will erod
Updated : 2 weeks, 4 days ago IST
India occupies a relative middle ground following the latest tariff developments by the United States, but any uniform tariff hike under Section 122 could increase its tariff exposure and erode some of the advantages gained through earlier negotiations, according to a report by Union Bank of
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CPI base revision has limited impact, RBI likely to hold rates in coming q
Updated : 1 month ago IST
The revision in the Consumer Price Index (CPI) base year has had a limited impact on monetary policy interpretation, and the Reserve Bank of India (RBI) is expected to maintain status quo on interest rates in the coming quarters, according to a report by Union Bank of India.
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Financial sector measures in Budget 2026 to spur private investment: UBI R
Updated : 1 month, 1 week ago IST
The announcements made in the Union Budget 2026 for the financial sector are expected to play a crucial role in crowding in private investment and accelerating infrastructure execution, according to a report by Union Bank of India.
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FY27 budget to prioritise capex, fiscal prudence; limited upside surprises
Updated : 1 month, 1 week ago IST
With the Union Budget for FY27 scheduled for Sunday, expectations are tamed even as markets remain alert to the possibility of selective positive surprises, according to a pre-Budget note by Union Bank of India (UBI).
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United Forum of Bank Union stage peaceful 1-day strike in Kolkata
Updated : 1 month, 2 weeks ago IST
Members of the United Forum of Bank Unions (UFBU) staged a peaceful protest in Kolkata on Tuesday as part of a nationwide one-day strike to press for several long-pending demands, including the implementation of a five-day working week for bank employees.
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Consumer inflation in Q4FY26 likely at 2.6% below RBI forecast, 25 bps rat
Updated : 2 months ago IST
Consumer inflation for the fourth quarter of the current financial year FY26 is expected to remain at 2.6 per cent, which is below the Reserve Bank of India's (RBI) projection of 2.9 per cent, highlighted a report by Union Bank of India.
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No stay on Union Bank action, but Delhi HC questions show-cause notice to
Updated : 2 months ago IST
The Delhi High Court on Monday refused to stay the show-cause proceedings initiated by Union Bank of India against Jai Anmol Ambani, but expressed its serious doubts about the rationale behind the bank's move in the backdrop of the completed insolvency process of Reliance Home Finance Ltd
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India retail inflation likely inched up to 1.66% in December as food price
Updated : 2 months, 1 week ago IST
Retail inflation in India has likely edged up in December 2025 to 1.66 per cent from 0.71 per cent in November, with food prices strengthening across most segments of the food inflation basket, according to projections made by Union Bank of India.
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Fiscal deficit widens to Rs 9.77 lakh crore in April-November FY26, surge
Updated : 2 months, 1 week ago IST
India's fiscal position during the April-November period of FY26 indicates that concerns over lagging tax revenues and adherence to the full-year budget targets have resurfaced, even as the government continues to prioritise capital expenditure-led growth, as per a report by Union Bank of
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