Tag: union bank of india
New labour codes weigh on BFSI sector’s earnings
Mumbai: India’s revamped labour codes, which have dented the third-quarter bottom lines of the $280-billion, globally tracked outsourcing industry, have also left their imprint on…
Delhi HC to Union Bank on RHFL| Business News
NEW DELHI: The Delhi High Court on Monday questioned the Union Bank of India for issuing a show cause notice to Reliance Housing Finance Limited (RHFL), a…
India retail inflation likely inched up to 1.66% in December as food prices rise: Report
New Delhi: 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…
RBI may further cut repo rate by 25 bps to 5% in February policy meet: UBI report
Mumbai: The Reserve Bank of India (RBI) may reduce the repo rate by 25 basis points (bps) in its February monetary policy meeting, taking the…
Russia’s Sberbank allowed to import gold into India
New Delhi: India on Friday added Russia’s Sberbank to the list of banks permitted to import gold into the country. “The name of the Sberbank…
Despite tariffs, India’s Q2 FY26 GDP growth likely at 7.5%, higher than last year: Union Bank Report
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…
More Indian lenders to appear in top 100 global banks list soon: RBI Guv Sanjay Malhotra
India will soon have more domestic lenders featured in the top 100 global banks list, given the pace of economic expansion and growth in the…
India’s current account deficit expected to rise to 1.7% of GDP in FY26 due to persistent tariff pressures: Union Bank Report
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…
India’s retail inflation likely fell to multi-year low of 0.48% in October: Reuters poll
India’s consumer inflation rate likely plunged to the lowest in at least a decade in October on a sustained fall in food prices, and intensified…
Meeting FY26 fiscal targets may be challenging amid weak tax growth: Report
Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in corporate and income tax revenues, according to a report by…