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Rate Cut Cycle likely over now, policy to stay data-driven: Union Bank of
Updated : 9 months, 1 week ago IST
The recent policy actions by the Reserve Bank of India (RBI) appear to mark the end of the current interest rate cutting cycle, according to a report by Union Bank of India.
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Retail inflation likely to ease to 6-year low of 3% in May on cooling food
Updated : 9 months, 1 week ago IST
Retail inflation, or the Consumer Price Index (CPI), will continue to moderate to 3.0 per cent in May, a six-year low, mainly due to the sequential moderation in prices of cereals and pulses even as most other segments started to strengthen, according to a Union Bank of India (UBI) report.
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Rupee to gain support from a weaker Dollar Index and strong FPI inflows: R
Updated : 9 months, 3 weeks ago IST
The Indian rupee will find support in the coming days, buoyed by a weaker US dollar index (DXY) and expectations of strong foreign portfolio investment (FPI) inflows, a report by Union Bank of India (UBI) anticipated.
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India's Q4 FY25 GDP growth likely to accelerate to 7.0%: UBI report
Updated : 9 months, 3 weeks ago IST
The growth rate of the Indian economy in the fourth quarter of the financial year 2025 will clock 7.0 per cent, with an uptick from the third quarter (Q3 FY25) of 6.2 per cent, according to a report by Union Bank of India (UBI).
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Union Bank of India Empowers Dreams: Chhonzin Angmo Becomes First Visually
Updated : 9 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], May 23: Chhonzin Angmo has etched her name in history by becoming the first visually impaired female to stand atop the world's highest peak. Her quest to the pinnacles of glory was supported by Union Bank of India. With unwavering determination, Angmo reached Mo
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Rupee to consolidate between Rs 84.63-85.74/USD due to moderation of globa
Updated : 9 months, 4 weeks ago IST
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.
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SEPC Ltd Announces Rs350 Crore Rights Issue; Bags Rs 180 million Order fro
Updated : 9 months, 4 weeks ago IST
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
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Amid drop in domestic yield and surplus liquidity, RBI may change its liqu
Updated : 9 months, 4 weeks ago IST
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.
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India's export outlook remains uncertain, trade deficit to widen to 1.2% o
Updated : 10 months ago IST
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.
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Metal prices likely to keep upward pressure on WPI in coming months: Union
Updated : 10 months ago IST
Metal prices are likely to keep pushing up the Wholesale Price Index (WPI) in the coming months, according to a report by Union Bank of India.
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Rising gold prices and global tariff tensions poised to push CPI higher in
Updated : 10 months ago IST
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).
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Indian Rupee may consolidate at 84.40/USD but any escalation at border may
Updated : 10 months, 2 weeks ago IST
The sentiment for the Indian Rupee (INR) has turned more favourable in recent weeks, according to a report by Union Bank of India.
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