Stay updated with the latest union-bank-of-india news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on union-bank-of-india topics.
Bengaluru, Sep 15 (SocialNews.XYZ) In a major development, the Central Bureau of Investigation (CBI) has conducted raids on Monday at 16 locations in Karnataka and Andhra Pradesh in connection with sensational tribal welfare board scam in which former minister B. Nagendra was jailed. An official statement CBI stated: "The raids were conducted at premises of sister, brother-in-law, personal assistant and other close associates of former Karnataka minister in connection with siphoning of governme ...Read More >
New Delhi, Sep 15 (PTI) The CBI on Monday conducted searches at the premises of associates of former Karnataka minister B Nagendra at 16 locations in the state and Andhra Pradesh in connection with the Valmiki Scheduled Tribes Development Corporation 'scam', officials said. The case involves serious allegations of transferring government funds to personal accounts of Nagendra's relatives from the accounts of Karnataka Maharshi Valmiki Scheduled Tribes Development Corporation. The search operat ...Read More >
AI image India's wholesale price inflation (WPI) moved back into the positive zone in August, rising to 0.52 per cent after staying in deflation for two straight months, according to government data released on Monday. WPI had recorded (-) 0.58 per cent in July and (-) 0.19 per cent in June, while it stood at 1.25 per cent in August last year, PTI reported."Positive rate of inflation in August 2025 is primarily due to an increase in prices of food products, manufacturing, non-food articles, non- ...Read More >
Gurugram, Sep 12 (SocialNews.XYZ) In a Rs 346 crore bank fraud, the ED seized digital devices and incriminating documents during searches at 11 residential and commercial premises of Hythro Power Corporation Ltd (HPCL) and its officials in Delhi NCR, Bengaluru and Chennai, an official said on Friday. The Gurugram Zonal Office of the ED conducted the search and survey operations on Wednesday under the provisions of the PMLA, 2002. During search proceedings, several bank accounts belonging to th ...Read More >
VISAKHAPATNAM: The depression over northwest and adjoining west-central Bay of Bengal and north Andhra Pradesh - south Odisha coasts moved north-north-westwards and crossed South Odisha coast close to Gopalpur during early morning of Tuesday and lay cantered over south coastal Odisha. Weatherman said it was likely to move north-westwards across south Odisha and south Chhattisgarh and weaken into a well-marked low-pressure area during next few hours. Under its influence, thunderstorms accompani ...Read More >
- India's economic growth momentum remains strong and resilient, even in the face of rising US tariffs, according to S&P Global Ratings. In a major vote of confidence, the global rating agency upgraded India's long-term sovereign credit rating from 'BBB-' to 'BBB' with a stable outlook -- marking the country's first upgrade in 18 years. S&P attributed the upgrade to strong domestic demand, fiscal consolidation, and accommodative monetary policy. It forecast India's economy to grow at an average ...Read More >
Wholesale inflation in India likely dropped to a near two-year low in July, due to a significant decline in food and fuel prices, according to a Union Bank of India report. New Delhi, Wholesale inflation in India likely dropped to a near two-year low in July, due to a significant decline in food and fuel prices, according to a Union Bank of India report. The Wholesale Price Index (WPI) is estimated to have fallen to -0.45 per cent year-on-year in July, down from -0.13 per cent in June. This is ...Read More >
Uttarkashi (Uttarakhand) [India], August 14 (ANI): A government-appointed team of experts on Wednesday visited Dharali in Uttarkashi to inspect areas affected by a recent disaster. This team of experts included Shantanu Sarkar, Director of Uttarakhand Landslide Mitigation and Management Center (ULMMC), Dr DP Kanungo, Chief Scientist of Central Building Research Institute Roorkee (CBRI), Ravi Negi, Director of Geological Survey of India (GSI), Dr Amit Kumar, scientist of Wadia Institute of Himala ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Easing inflation and favourable monsoon boosted rural demand in India in the April-June period this year, outpacing urban consumption once again, according to a new report. According to the report by global research firm NielsenIQ, rural markets and small manufacturers propelled the packaged consumer goods sector in Q2 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. According to the re ...Read More >
Uttarkashi (Uttarakhand) [India], August 14 (ANI): A government-appointed team of experts on Wednesday visited Dharali in Uttarkashi to inspect areas affected by a recent disaster. This team of experts included Shantanu Sarkar, Director of Uttarakhand Landslide Mitigation and Management Center (ULMMC), Dr DP Kanungo, Chief Scientist of Central Building Research Institute Roorkee (CBRI), Ravi Negi, Director of Geological Survey of India (GSI), Dr Amit Kumar, scientist of Wadia Institute of Himal ...Read More >
Uttarkashi (Uttarakhand) [India], August 14 (ANI): A government-appointed team of experts on Wednesday visited Dharali in Uttarkashi to inspect areas affected by a recent disaster. This team of experts included Shantanu Sarkar, Director of Uttarakhand Landslide Mitigation and Management Center (ULMMC), Dr DP Kanungo, Chief Scientist of Central Building Research Institute Roorkee (CBRI), Ravi Negi, Director of Geological Survey of India (GSI), Dr Amit Kumar, scientist of Wadia Institute of Himal ...Read More >
DEHRADUN: Uttarakhand cabinet on Wednesday gave its nod to a strict Uttarakhand Freedom of Religion (Amendment) Bill, 2025, which provides for a maximum punishment of life imprisonment and fine of up to Rs 10 lakh for "forced conversion". The govt is likely to table the bill in the House, where they have a strong majority, for approval during the three-day monsoon session of assembly commencing on Aug 19.At present, the maximum jail term for such an offence is 10 years and the highest fine is Rs ...Read More >
Uttarkashi (Uttarkashi) [India], August 13 (ANI): The Uttarkashi District Administration in Uttarakhand on Wednesday distributed cheques of immediate relief amount to 112 disaster-affected families of Dharali village. As per the announcement of Chief Minister Pushkar Singh Dhami, each family has been provided with Rs five lakh. The District Administration carried out the distribution of relief cheques as part of the government's efforts to provide support to those affected by the disaster. Ea ...Read More >
New Delhi, Aug 6 (PTI) In a stellar debut, shares of National Securities Depository Ltd (NSDL) closed the first day of trade at a premium of 17 per cent against the issue price of Rs 800 on Wednesday. The stock started trading at Rs 880 apiece, a jump of 10 per cent from the issue price on the BSE. In the intraday session, it rallied by 18 per cent to hit a high of Rs 943.85. Later, NSDL shares ended at Rs 936, up 17 per cent. At the end of the trading session, the company's market valuation s ...Read More >
New Delhi [India], July 20 (ANI): Delhi Police apprehended three notorious ATM fraudsters who were involved in duping a complainant to the tune of Rs 98,000. The accused persons, Dharmender, Saheb Kumar Sahni, and Tuntun, were arrested, and Rs 75,000 in cash and 30 ATM cards of different banks were recovered from their possession, Delhi police said on Saturday. According to Delhi Police, on July 15, 2025, an e-FIR was registered under sections 303(2)/3(5) of the Bharatiya Nyaya Sanhita (BNS) re ...Read More >
New Delhi, Jul 15 (PTI) State-run telecom firm MTNL has defaulted on bank loans worth Rs 8,585 crore from seven public sector banks, the company said in a regulatory filing on Tuesday. The loss-making public sector telecom firm's total debt obligations reached Rs 34,484 crore as on June 30, 2025 comprising bank loan of Rs 8,585 crore, sovereign guarantee bond Rs 24,071 crore and loan for DoT for paying Sovereign Guarantee Bond interest Rs 1,828 crore, according to the filing. Also Read | Gemin ...Read More >
New Delhi, Jul 15 (PTI) State-run telecom firm MTNL has defaulted on bank loans worth Rs 8,585 crore from seven public sector banks, the company said in a regulatory filing on Tuesday. The loss-making public sector telecom firm's total debt obligations reached Rs 34,484 crore as on June 30, 2025 comprising bank loan of Rs 8,585 crore, sovereign guarantee bond Rs 24,071 crore and loan for DoT for paying Sovereign Guarantee Bond interest Rs 1,828 crore, according to the filing. The total loan de ...Read More >
Dantewada (Chhattisgarh) [India] July 15 (ANI): The tribal-dominated Dantewada district is all set to make its footprint visible in the high-octane sport of Thai Kick Boxing, as young athletes here have clinched medals in international as well as national events. With the support of the Chhattisgarh Government, the youth of Dantewada are sharpening their skills and preparing for Thai Kick Boxing events to be held in the country and overseas. As Dantewada moves on the path to becoming a hub for ...Read More >
New Delhi [India], July 15 (ANI): The possibility of a US Federal Reserve rate cut in September remains open, but it will largely depend on how the labor market and inflation evolve, noted a recent report by Union Bank of India research. While the market anticipates some monetary easing later this year, the report mentioned that Fed has adopted a cautious and data-dependent stance in the face of growing uncertainty around tariffs and fiscal policy. Also Read | YouTube Standalone Premium Subscr ...Read More >
Kannur (Kerala) | Kerala General Education Minister V Sivankutty on Tuesday said that the government would not allow the "blending of religion with education" and reiterated that there would be no change in the revised school timings. Under the revised timetable, high school students (classes 8 to 10) will spend an extra 15 minutes in the morning and another 15 minutes in the afternoon on each working day except Fridays to help schools reach the required 1,100 instructional hours per year. How ...Read More >
New Delhi [India], July 15 (ANI): The possibility of a US Federal Reserve rate cut in September remains open, but it will largely depend on how the labor market and inflation evolve, noted a recent report by Union Bank of India research. While the market anticipates some monetary easing later this year, the report mentioned that Fed has adopted a cautious and data-dependent stance in the face of growing uncertainty around tariffs and fiscal policy. It stated While a rate cut in September remai ...Read More >
New Delhi [India], July 13 (ANI): India's merchandise trade deficit likely narrowed modestly to USD 20.7 billion in June 2025, down from USD 21.9 billion in the previous month, driven by easing crude oil prices, muted gold imports, and a shift in sourcing strategy that helped offset global commodity volatility, said a report by Union Bank of India (UBI). The report added that a sharp but temporary decline in global crude prices following a ceasefire between Israel-Iran, coupled with rising OPEC ...Read More >
New Delhi [India], July 13 (ANI): With food prices lagging seasonal trends and driving headline Consumer Price Index-based retail inflation below 4 per cent since February 2025, Union Bank of India has revised downwards its 2025-26 headline inflation forecast from 4 per cent to 3.6 per cent (largely aligned with the RBI' forecast of 3.7 per cent). The June retail inflation data is due early next week. In a report, the bank said June 2025 retail inflation will be at 2.3 per cent, with the worst ...Read More >
Thiruvananthapuram: As many as 93 candidates received appointment letters as part of 16th National Level Rozgar Mela organised by Southern Railway in Thiruvananthapuram.These included postings in Indian Railways, Isro, VSSC, CRPF, Union Bank of India, EPFO, Central Water Commission and IIM Kozhikode. Among them, 54 candidates received jobs in railways.The event was part of a nationwide initiative, where over 51,000 appointment letters were distributed through Rozgar Melas organised by Indian Rai ...Read More >
Visakhapatnam: Civil aviation minister Rammohan Naidu distributed 52 appointment letters to newly recruited individuals in various government sectors as part of the nationwide Rozgar Mela initiative. Among the recipients were 20 individuals appointed to the Indian Railways, along with others selected for India Post, Hindustan Petroleum Corporation Limited (HPCL), Union Bank of India, and Indian Institutes of Management (IIM). In his inaugural address, the Union minister emphasised the spirit o ...Read More >
Hyderabad (Telangana) [India], July 12 (ANI): Department of Official Language under the Ministry of Home Affairs organised 'Dakshin Samvad' in Hyderabad as part of its Golden Jubilee celebrations. The event became a vivid testimony to linguistic harmony, the multilingual consciousness of the nation, and the continuous progress of the Hindi language. In her welcome address, Secretary of the Department of Official Language, Anshuli Arya, said in a press note, 'Today's celebration - 'Dakshin Samv ...Read More >
MUMBAI : Shiv Sena (UBT) MP Sanjay Raut on Friday posted a video on X purportedly showing the state's social justice minister Sanjay Shirsat of the Shiv Sena sitting in a room along with a partially opened bag containing what look like bundles of currency notes. Shirsat, however, rubbished the claim, saying the bag only contained clothes.The allegation came a day after it emerged that Shirsat had received a notice from the income tax department seeking an explanation for increase in his financia ...Read More >
Hyderabad (Telangana) [India], July 12 (ANI): Department of Official Language under the Ministry of Home Affairs organised Dakshin Samvad in Hyderabad as part of its Golden Jubilee celebrations. The event became a vivid testimony to linguistic harmony, the multilingual consciousness of the nation, and the continuous progress of the Hindi language. In her welcome address, Secretary of the Department of Official Language, Anshuli Arya, said in a press note, Today celebration - Dakshin Samvad - i ...Read More >
New Delhi [India], July 11 (ANI): Wholesale inflation in India likely surged to 0.80 per cent year-on-year in June 2025 from 0.39 per cent in May, mainly due to a month-on-month rise in food, fuel and core inflation, according to a report by Union Bank of India. The report highlighted that core WPI, which excludes food and fuel, rose sharply from 0.86 per cent in May to 1.63 per cent in June. Also Read | Tesla India First Showroom To Open in Mumbai on July 15 As 'Experience Centre', Closer to ...Read More >
Jaipur: Government banks across Rajasthan were closed, and around 11,000 bank employees and officers in the state joined the nationwide strike on Wednesday to press for their demands. The protest is part of a larger movement by bank employees in support of 17 key demands. According to Mahesh Mishra, General Secretary of the Rajasthan State Bank Employees Union, major banking associations have supported the strike. PNB, Bank of India, Indian Bank and Union Bank of India are observing strikes, ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.