Wholesale inflation in India is expected to rebound into positive territory in August, following a historic low in July, according to a report by the Union Bank of India (UBI).

Wholesale inflation in India is expected to rebound into positive territory in August, following a historic low in July, according to a report by the Union Bank of India (UBI).

According to a report by Union Bank of India, wholesale inflation in India is expected to have turned positive in August 2025, rising to 0.45% year-on-year after a contraction of -0.58% in July. The Wholesale Price Index (WPI) bounced back from a recent low in July,...
Wholesale inflation in India is expected to rebound into positive territory in August, following a historic low in July, according to a report by the Union Bank of India (UBI).

Kalyan Kumar is poised to take the helm at Union Bank, as speculation surrounds Lalit Tyagi’s potential move to Central Bank amidst a larger organizational reshuffle.

The Indian government is set to announce a significant reshuffle in the top management of public sector banks. According to senior officials aware of the development, Kalyan Kumar, currently the executive director of Punjab National Bank, is likely to be appointed as...
Wholesale inflation in India is expected to rebound into positive territory in August, following a historic low in July, according to a report by the Union Bank of India (UBI).

India’s current account deficit is expected to surge to 1.2% of GDP in the fiscal year 2026, potentially doubling due to escalating tariff tensions, according to a forecast by the Union Bank of India.

India’s current account deficit (CAD) is expected to nearly double in the current financial year (FY26) to 1.2% of gross domestic product (GDP), up from 0.6% in FY25. This is according to a report by Union Bank of India, which cites rising trade and geopolitical...