What Maharashtra and Nagpur Received in the Union Budget
The recent Union Budget has allocated significant funds for various projects in Maharashtra, aimed at boosting infrastructure, agriculture, and sustainable development. Here are the key allocations: 1. Irrigation Projects in Vidarbha and Marathwada:₹600 crore has been allocated to enhance irrigation facilities...
Union Budget 2024: IMCC Chairman’s Reaction
The Union Budget 2024 for India reflects a balanced approach, focusing on sustainable economic growth, tax reforms, and strategic investments to drive the nation forward. The budget aims to reduce the fiscal deficit to 5.1% of GDP, down from...
Budget 2024 –Focus on MSMEs,industrial growth & Startups
Budget 2024 is a balanced & progressive budget as it is based on 9 pillars of development.Budget has laid special emphasis on MSME sector by announcing new Credit guarantee scheme in manufacturing sector,new assessment model for MSME credit,...
Limited Benefits for Vidarbha and Maharashtra in Budget 2024; Why is the Vidarbha Industries Association Still Welcoming It?
Nagpur: Finance Minister Nirmala Sitharaman presented the Union Budget 2024-25 in the Lok Sabha today, marking her seventh budget and the first of the third term of the Modi government. With the elections approaching, the interim budget presented on February...
Key Announcements in Budget 2024-25 – See List Here
Nagpur: The 2024-25 budget introduces significant changes, including increased standard deductions, new tax slabs, reduced corporate tax for foreign companies, and relief for start-ups. Major allocations for housing, agriculture, and infrastructure aim to boost job creation and economic growth.
Big Push...
Bihar and Andhra Pradesh Secure Major Budget Boosts in 2024-25
The Centre has proposed an outlay of Rs 26,000 crore for various road projects in Bihar as part of the Budget for 2024-25. Finance Minister Nirmala Sitharaman announced that the Union government will arrange financial assistance for Bihar through aid...
Budget 2024: : Mobile phones to become cheaper
Nagpur: In a move to be welcomed by smartphone users, the Union Budget 2024 slashed the basic customs duty on mobile phones and chargers to 15 per cent. This move is expected to lead to a reduction in prices of...
Union Budget 2024: Relief for taxpayers under new income tax regime
New Delhi: The government announced significant changes to the new tax regime. The standard deduction has been increased from Rs 50,000 to Rs 75,000. Pensioners will benefit from a higher deduction on family pension, which has been raised from Rs...
Markets turn very volatile amid Budget presentation
Stock markets turned highly volatile amid the Union Budget presentation on Tuesday. The 30-share BSE Sensex jumped as soon as Finance Minister Nirmala Sitharaman began presenting the Budget for 2024-25. But, within minutes it slipped in the red and...
Nagpur Leads Maharashtra in Rooftop Solar Installations
Nagpur, July 22, 2024**: Residents of Nagpur are at the forefront of adopting rooftop solar panels in Maharashtra, significantly contributing to the state's renewable energy efforts. The city's enthusiastic participation in the 'Rooftop Solar' scheme allows homeowners to use solar-generated...
India’s Forex reserve jumps to all-time high of $666.85 billion
India's forex reserves jumped by $9.699 billion to an all-time high of $666.854 billion for the week ended July 12, the Reserve Bank of India said on Friday. In the previous reporting week, the kitty had increased by $5.158 billion to...
Businesses in Nagpur Fear Lending Amid Rising Threats and Harassment
Nagpur: Lending on credit is a traditional practice that keeps businesses running. Wholesale traders and manufacturers supply goods on credit, and retailers often pay half in cash and the rest on credit. This cycle extends to customers, with payments usually...
Rashmi Kulkarni unanimously re-elected as Chairperson & Yogita Deshmukh as Secretary of VIA LEW for the year 2024-25
At the installation of new team for 2024-25 of Lady Entrepreneurs’ Wing of Vidarbha Industries Association was held at VIA Auditorium, Nagpur today. Rashmi Kulkarni unanimously re-elected as new Chairperson and Yogita Deshmukh as Secretary of VIA LEW for 2024-25....
NVCC delegation meets Nagpur CP Dr Singal, raises issues of concern
Nagpur: A delegation of traders under the banner of Nag Vidarbha Chamber of Commerce (NVCC) recently met Nagpur Commissioner of Police Dr Ravinder Singal and raised some of their concerns. The delegation under theleadership of President of the chamber Arjundas Ahuja...
Sitharaman to present Modi 3.0’s 1st budget on July 23
Parliament's Budget Session will be held between July 22 and August 12, Parliamentary Affairs Minister Kiren Rijiju said on Saturday. Union Finance Minister Nirmala Sitharaman will present the budget on July 23. Rijiju said, "Hon'ble President of India, on the...
Sensex, Nifty hit fresh lifetime high levels
Equity benchmark indices Sensex and Nifty hit their lifetime peaks in early trade on Thursday, amid firm global market trends, buying in blue-chip stocks and robust FIIs inflows. The 30-share BSE Sensex jumped 388.84 points to hit a record...
Video : Nagpur shuttler Malvika Bansod thanks Jayaswal NECO Industries Ltd for her US Open feat
Nagpur: In a heartwarming gesture, Nagpur's star shuttler Malvika Bansod expressed her gratitude to Jayaswal NECO Industries Limited (JNIL) for their unwavering support in her journey to success. In a video message, Malvika thanked JNIL for their backing, which...
Aditya Hero celebrates one year of the centennial of Chairman Emeritus – attractive offers for all customers
Aditya Hero is hosting a month long celebration of one year of centennial of Chairman Emeritus, Padmabhushan Brijmohan Lall Munjal. Every customer will get attractive gift with every purchase for the entire month of July. The dealership has also been...
Responsibility of Chartered Accountants in Instilling Economic Discipline: Nitin Gadkari
Nagpur: For India to become self-reliant and the world's third-largest economy, economic transformation is crucial. Every sector, including industry, agriculture, and services, must progress with an economic vision. Chartered Accountants (CAs) play a vital role in providing this vision and...
MADC and Air India begin joint survey for setting up the biggest FTO in South Asia
Nagpur: The Maharashtra Airport Development Company (MADC) in collaboration with Air India is all set to establish the largest Flying Training Organization in South Asia at Amravati’s Bellora airport in Maharashtra. Equipped with world class flying infrastructure built by MADC,...
