Search For "union bank"
India's economy set for Q4FY25 boost with increased govt. spending and cap
Updated : 1 year ago IST
India's economy is expected to see a boost in Q4FY25, supported by a sustained increase in government spending and capital expenditure (Capex), alongside a pickup in consumption driven by the Maha-Kumbh and wedding season, according to a report by Union Bank of India.
Read More
RBIs new governor stand of a flexible rupee led to 1.8pc depreciation agai
Updated : 1 year ago IST
The policy shifts by the RBI in managing the Indian currency against the US Dollar have significantly impacted the Rupee against the dollar, says a report by Union Bank of India.
Read More
India's GDP growth likely to improve to 6.2 pc in Q3FY25 from 5.4 pc in Q2
Updated : 1 year ago IST
India's economic growth is expected to pick up momentum in the third quarter of the financial year 2024-25 (Q3FY25), with GDP growth estimated at 6.2 per cent, up from 5.4 per cent in the second quarter (Q2FY25), according to a report by Union Bank of India.
Read More
India's trade deficit likely to narrow to USD 20.88 bn in Jan from USD 21.
Updated : 1 year, 1 month ago IST
India's merchandise trade deficit is expected to have narrowed to USD 20.88 billion in January 2025, down from USD 21.94 billion in December 2024, according to a report by Union Bank of India.
Read More
Union Bank of India sees lower inflation for FY25 and FY26 than MPC estima
Updated : 1 year, 1 month ago IST
UBI stated, "MPC revised FY25 growth projection to 6.4 per cent from 6.6 per cent previously even as it projects recovery to 6.7 per cent in FY26. We see downside risk to 6.4 per cent growth forecast for FY25 as it assumes Dec'24 quarter growth above 6.5 per cent while its tracking close to
Read More
Union Budget to focus on consolidating fiscal deficit at 4.5 pc of GDP in
Updated : 1 year, 1 month ago IST
The Government will focus on fiscal consolidation and growth in the Union Budget, says a research report by the Union Bank of India.
Read More
Widened gap between credit and deposit requires further liquidity boost by
Updated : 1 year, 1 month ago IST
The Reserve Bank of India (RBI) should take further measures to boost liquidity says a report by the Union Bank of India.
Read More
Trump 2.0 threatens tariffs by no action yet, markets see it as gradualist
Updated : 1 year, 1 month ago IST
US President Donald Trump's approach in the second term on tariff announcements have been perceived by markets as a more gradualist approach compared to his earlier aggressive campaign rhetoric, says a report by Union Bank of India.
Read More
Trump's cabinet likely to take a Hawkish stance, key actions expected next
Updated : 1 year, 1 month ago IST
The cabinet members of the Trump 2.0 administration are expected to take a hawkish approach on various fronts, says a report by Union Bank of India.
Read More
India's Fiscal impulse improves in Nov'24; further pickup likely in rest o
Updated : 1 year, 2 months ago IST
India is on the path of fiscal prudence as the government has spent around 52.5 per cent of the budget estimate (BE) of its deficit in the first seven months of FY25, says a report by the Union Bank of India.
Read More
Trump's second term will be good for equity mkt and dollar but not so good
Updated : 1 year, 2 months ago IST
The upcoming second term of the US President Donald Trump (Trump 2.0) will be beneficial for the equity market and US Dollar while it is negative for the bonds markets, according to a report by Union Bank of India.
Read More
India's industrial output likely rose by 3.7 pc in October on festive dema
Updated : 1 year, 3 months ago IST
India's industrial production likely improved in October 2024, driven by festive demand, according to a report by Union Bank of India.
Read More