As the global uncertainties show signs of moderation and geopolitical tensions along India's borders settle, the Rupee will witness stability, said Union Bank of India (UBI) report.
Chennai (Tamil Nadu) [India], May 20: SEPC Limited (formerly Shriram EPC Ltd), a leading EPC services provider, has announced a Rights Issue to raise up to Rs350 crore through the issuance of partly paid-up equity shares. The company's Board of Directors approved the issue terms on May 13, 2
India's banking system remained in a liquidity surplus during the past week, with average surplus funds amounting to Rs 2.04 lakh crore, according to a report by Union Bank of India.
India's trade outlook for the current financial year remains uncertain due to the looming threat of reciprocal tariffs by the United States, according to a report by Union Bank of India.
The ongoing global tariff wars and the continued rise in gold prices will significantly impact the overall consumer price index (CPI) in the upcoming months, even if food prices remain stable, according to a report by the Union Bank of India (UBI).
Mumbai (Maharashtra) [India], April 30: Union Bank of India, today announced the launch of its MSME & CASA Outreach program, a nationwide initiative aimed at strengthening relationships with existing customers, expanding outreach to new MSME clients, and driving sustainable growth in CAS
India's Index of Industrial Production (IIP) likely grew 4.3 per cent year-on-year in March 2025, improving from 2.9 per cent in February, according to a report by Union Bank of India.
Wholesale Price Index (WPI) inflation is expected to ease to 2.1 per cent year-on-year in March 2025, down from 2.4 per cent in February, mainly due to a seasonal decline in food prices, according to a report by Union Bank of India.
As global markets react to uncertainty surrounding tariffs and economic policies under the Trump administration, India's financial system is feeling indirect effects, particularly through currency fluctuations and liquidity conditions.
India's current account deficit is likely to see a sharp downside risk for FY25 GDP, as seen in the sharp positive surprise in February trade data according to a report by the Union Bank of India (UBI). India's trade deficit for February 2025 has seen a rare surplus of USD 4.4 billion.