Tag: Union Bank of India

Trade deficit likely narrowed further in June amid cooling oil prices, sluggish gold imports: Report

India imported 4.66 million barrels per day (mbpd) of crude in June, slightly down from 4.72 mbpd in May, according to Vortexa.

July 13, 2025

Union Bank of India cuts 2025-26 headline inflation forecast, largely in line with RBI

After remaining sticky in 6.5-7.0 per cent range consistently during 2022-23-25, food inflation is projected to slip in 2025-26 to 3 per cent -- lowest in 7 years.

July 13, 2025

Wholesale Inflation Likely Rose to 0.8% in June Amid Food and Fuel Price Surge: Union Bank Report

While annual food inflation moderated, the month-on-month food price index increased, pushing food WPI down to 0.60% in June, from 1.72% in May.

July 11, 2025

RBI may explore other liquidity tools like open market operations (OMOs) and foreign exchange (FX) swaps instead of rate cut: Report

The report predicts that the first rate cut of 25 basis points (bps) might take place in February 2025, followed by another cut in April 2025.

December 5, 2024

Rupee will remain stable with positive momentum supported by FPI inflows: Union Bank

The report highlighted that the rupee is expected to trade in the range of Rs 83.27 and Rs 83.99, with Rs 83.99 being its all-time low.

September 26, 2024