The Reserve Bank of India (RBI) may reduce the repo rate by 25 basis points (bps) in its February monetary policy meeting, taking the benchmark rate down to 5 per cent, according to a report by Union Bank of India.
India's external sector outlook remains broadly stable despite recent volatility in trade data, with the current account deficit (CAD) expected to remain around 1 per cent of GDP in FY26, supported by easing commodity prices, resilient services exports and moderating trade pressures, accordi
Driven by commodity price volatility amid the persistence of the US-India trade deal stalemate, the risk to current account (C/A) dynamics is likely to moderate, as one-off import shocks ease. According to a Union Bank of India report, with the India-US bilateral trade agreement nearing fina
Food inflation stayed in deflation during November 2025 at negative 2.78 per cent, rising from the record low of negative 3.7 per cent in October, even as overall consumer inflation edged up. A report by the Union Bank of India shows that the broader price trend in the economy continued to r
The Central Bureau of Investigation (CBI) has registered two separate cases against Reliance Home Finance Ltd. (RHFL) and Reliance Commercial Finance Ltd. (RCFL), both part of the Reliance ADA Group, for allegedly defrauding Union Bank of India and Bank of Maharashtra to the tune of Rs 22
Stronger-than-expected economic growth has led to hardening of bond yields, leaving the market divided over the Reserve Bank of India's upcoming monetary policy decision, a report by Union Bank of India stated.
The downside in the Indian rupee, which has been steadily depreciating over the past months, is unlikely to abate soon as it hit yet another record low on Monday.
India's economic growth is expected to come in strong for the second quarter of the current financial year, with GDP likely to rise 7.5 per cent, according to a report by Union Bank of India.
The Indian Rupee may continue to weaken gradually and inch towards the psychological level of 90 per US dollar by March 2026, highlighted a report by Union Bank of India.
India's current account deficit (CAD) is expected to rise to 1.7 per cent of GDP in the current financial year FY26, higher than the bank's earlier projection of 1.2 per cent, according to a report by Union Bank of India.
: India's Wholesale Price Index (WPI) or wholesale inflation has "bottomed out" and will probably gain slight momentum from November onwards, even as it may still remain in negative territory for most of the remaining months of 2025-26, Union Bank of India said in a report.
Whole Price Index (WPI) or wholesale inflation in India has likely turned negative in October 2025, partly due to the base effect and largely driven by the fall in food prices, according to an assessment made by Union Bank of India.