Income Tax Raids at 10 Locations in Nagpur Region Over Fake Deductions and Refund Claims
Nagpur : In a major crackdown, the Income Tax Department on Monday conducted raids at around 10 locations across Nagpur and the surrounding Vidarbha region as part of a nationwide verification drive against bogus tax deduction claims. The action follows...
Shares of MIIs, brokerages decline as concerns rise over threat to volumes
Stocks of brokerages and market infrastructure institutions (MIIs) witnessed selling pressure after the Securities and Exchange Board of India’s (Sebi’s) crackdown on proprietary trading firm Jane Street. Stocks of brokerages and market infrastructure institutions (MIIs) witnessed selling pressure after the Securities...
R Sandesh Group brings big reasons for property buyers to invest in Nagpur
Nagpur: If you are a first-time real estate investor or homebuyer, there has never been a more strategic time to explore opportunities in Nagpur. With robust infrastructure projects like the Metro, Samruddhi Expressway, and MIHAN rapidly transforming the city’s...
VIA Energy Forum organised an Interactive session on “New MYT Policy & VIA Future Action Plan”
While power tariffs are being lowered across the country with alternative options like solar energy and green energy, the Multi Year Tariff (MYT) Policy 2025 has raised the power tariffs by 8% to 30% across all categories, including industrial, commercial,...
Reliance Joins Hands with Dassault Aviation to Manufacture Falcon 2000 Jets in Nagpur
Dassault’s first Falcon 2000 production outside France; deliveries expected by 2028 Nagpur, India – In a significant boost to India’s aerospace manufacturing sector, a subsidiary of Reliance Infrastructure has entered into a strategic partnership with French aerospace major Dassault Aviation to...
Karan Kothari Launches Flagship Business Park in Nagpur
Nagpur: Nagpur is set to witness a major milestone in its commercial growth journey with the grand launch of Karan Kothari Business Park, Central India’s first commercial greenfield project. The much-anticipated launch will take place on Sunday, 15th June 2025,...
Premiumization and tech upgrades drive Amazon India’s growth across its consumer electronics categories in Nagpur
Nagpur: Customers in Nagpur are showing a growing preference for premium technology, with Amazon.in revealing the city's rapid emergence as a high-growth region for consumer electronics and appliances. From cutting-edge smartphones and smart devices to immersive entertainment products and large...
Coal block scam: Nagpur’s Manoj Jaiswal found guilty by CBI court in one more case
Nagpur-New Delhi: A special Central Bureau of Investigation (CBI) court on Friday convicted JAS Infrastructure Capital Ltd and its then director Manoj Kumar Jayaswal for cheating and criminal conspiracy in connection with the allocation of the Mahugarhi coal block in...
Sensex jumps nearly 600 points as RBI cuts repo rate
Benchmark equity indices Sensex and Nifty surged on Friday morning trade after the RBI cut repo rate by a higher-than-expected 50 basis points to prop up growth. Recovering all the early lost ground, the 30-share BSE Sensex jumped 591.94 points...
RBI cuts repo rate by 50 basis points
The Reserve Bank of India (RBI) has reduced the repo rate, by 50 basis points to 5.5%. The decision was taken unanimously at the bi-monthly Monetary Policy Committee meeting headed by RBI Governor Sanjay...
Markets extend losses for 3rd session
Equity benchmark indices Sensex and Nifty tumbled nearly 1 per cent on Tuesday, weighed down by a widespread selloff amid renewed foreign fund outflows and growing geopolitical uncertainties. The 30-share BSE Sensex tanked 636.24 points or 0.78 per cent to...
Sensex tanks over 600 points in early trade
Benchmark equity indices Sensex and Nifty on Monday morning tumbled following weak trends in Asian markets and renewed global trade concerns. Moreover, foreign fund outflows also dented investors' sentiment, experts noted. The 30-share BSE Sensex tanked 762.24 points to 80,688.77...
UPI Transactions Hit All-Time Highs In May
Transactions on the Unified Payments Interface (UPI) touched an all-time high of 18.68 billion in volume and Rs 25.14 trillion in value in May, the National Payments Corporation of India (NPCI) data revealed on Sunday. The May numbers were up 4...
RBI flags 37% rise in fake Rs 500 currency notes in 2024-25
Nagpur: The Reserve Bank of India has reported a massive rise in the number of counterfeit Rs 500 denomination notes. According to the Central Bank, the number of counterfeit Rs 500 denomination notes detected in the banking system surged by...
SEZs and EOUs to Receive Tax Relief; 1-4% Subsidy Under RoDTEP Scheme Starting June 1
Nagpur: In a significant move aimed at boosting exports from MIHAN (Multi-modal International Cargo Hub and Airport at Nagpur) and attracting entrepreneurs, the Maharashtra government under Deputy Chief Minister Devendra Fadnavis has announced tax relief for Special Economic Zones (SEZs)...
Stocks open higher as US court strikes down Trump Tariffs
Indian stock markets opened on a strong note Thursday, tracking positive global cues after a major US court ruling and upbeat earnings from US tech giant Nvidia. The Nifty 50 index opened at 24,825.10, gaining 72.65 points or 0.29 per...
RBI dividend to cut fiscal deficit to 4.2% of GDP: SBI
The fiscal deficit of the central government could ease by 20 to 30 basis points from the budgeted level of 4.5 percent to 4.2 percent of GDP by the bumper dividend transfer by Reserve Bank of India, according to a...
New Nagpur Announced—But Has MIHAN Been Forgotten?
In a move that has sparked both excitement and skepticism, the Maharashtra government has given in-principle approval to a brand-new urban development initiative—‘New Nagpur’, a proposed hi-tech city to be developed under the Nagpur Metropolitan Region Development Authority (NMRDA). Billed...
Must-Have Metrics for Your Financial Dashboard
Knowing your financial well-being has never been more critical than in the current high-speed economic climate. Building a complete financial dashboard gives you a clear view of your financial picture, allowing you to make smart choices. Whether you're dealing with...
CAMIT Calls for Suspension of All Trade and Tourism with Turkey and Azerbaijan
The Chamber of Associations of Maharashtra Industry & Trade (CAMIT) strongly condemns the continued diplomatic and material support extended by Turkey and Azerbaijan to Pakistan — a known sponsor of cross-border terrorism that has cost countless innocent lives in India. CAMIT...
VTPA & GSTBA Seminar on “Charitable Trusts – Practical Case Studies & Issues”
Nagpur, May 14, 2025 - The Vidarbha Tax Practitioners Association (VTPA), in association with the GST Bar Association (GSTBA), organized a highly informative and well-attended knowledge session on “Charitable Trusts – Practical Case Studies & Issues” on Wednesday, 14th May...
