Tag: union bank of india
100 days of Iran war: India must brace for broad-based economic shock
When the possibility of a US-Iran deal became clear in the past weeks as negotiations gathered pace, the talk was that even if Hormuz opened,…
India inflation likely rose to 4% in May as food, fuel costs climb
India’s inflation likely rose to the Reserve Bank of India‘s medium-term target of 4% in May, driven by a pickup in vegetable prices and higher…
Money market-volumes jump to record as bank lending booms
India’s money-market turnover jumped to a record as state-owned lenders stepped up borrowing to fund booming credit demand. The value of trades in the so-called…
Hormuz disruption, $100 oil pose risks to India’s inflation, rupee: Union Bank
The ongoing West Asia conflict and disruptions in the Strait of Hormuz are emerging as a major risk for the Indian economy, with elevated crude…
Despite downward revision in nominal GDP, India’s fiscal dynamics remain comfortable: UBI Report
New Delhi: Despite a downward revision in nominal GDP following a change in the base year, India’s overall fiscal dynamics remain very comfortable, with the…
India’s third-quarter GDP for FY26 likely at 8.3% despite adverse base effect: UBI Report
The country’s Gross Domestic Product (GDP) growth for the third quarter of the current financial year (Q3 FY26) is likely to remain elevated at 8.3…
India now in ‘middle ground’ after fresh US tariffs but any hike will erode its advantages: UBI Report
New Delhi [India]: India occupies a relative middle ground following the latest tariff developments by the United States, but any uniform tariff hike under Section…
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…