Sensex Rallies 550 Points As Budget Drives Rate Cut Hopes
Mumbai/Nagpur: The BSE Sensex rallied as much as 550 points, while the Nifty jumped above the key 7,150 mark on Tuesday on hopes that Reserve Bank Governor Raghuram Rajan will cut repo rate. The rupee rallied for the third straight...
Mahagenco may reap profit of Rs 421 crore if it buys coal from WCL: Bawankule
Mahagenco, WCL to jointly set up four coal washeries for supplying coal of highest quality to electricity generating plants in Vidarbha. Nagpur: Mahagenco and Western Coalfields Limited (WCL) have decided to jointly set up four coal washeries in Maharashtra to supply...
In Jaitley’s Pro-Poor Budget, Relief For Small Tax Payers; Cars, Cigarettes To Cost More
Nagpur: Finance Minister Arun Jaitley unveiled a budget for farmers and the poor on Monday, announcing a string of farm measures, rural aid and health programmes in a strategy shift aimed at boosting the ruling BJP's prospects in crucial state...
#Budget 2016 : Income Tax Relief Announced For Small Taxpayers
Nagpur: Finance Minister Arun Jaitley announced two new measures to provide relief to small taxpayers in Budget 2016. 1) Mr Jaitley raised the deduction limit under Section 87A of the Income Tax Act from Rs. 2,000 to Rs. 5,000 per annum....
Loved and deceived child of statesmen the GST!!
Nagpur: Last session of the parliament was washed out by ongoing protests by congress and other parties. It still seems a little difficult that things will change for this session as the political game is currently red hot. The latest...
WCL could move on success path due to its motivated team: Rajiv Mishra
Mishra attended "Synergizing Human Capital Potential" summit as Chief Guest. Nagpur: Chairman cum Managing Director of Nagpur based Miniratna Western Coalfields Limited (WCL) Rajiv R. Mishra attended the summit " Synergizing Human Capital Potential" as Chief Guest, jointly organized by Datta...
CA. Swapnil Ghate new Chairman of Nagpur Branch of ICAI for the year 2016-17
Nagpur: CA. Swapnil Ghate has been unanimously elected as Chairman of the Institute of Chartered Accountants of India, Nagpur Branch of WIRC for the year 2016-2017. CA. Sandeep Jotwani was elected as Vice Chairman, CA. Umang Agrawal as Secretary while CA....
Economic Survey predicts India’s GDP growth will be 7-7.5% in the next fiscal
NewDelhi/Nagpur: Indian economy is likely to grow between 7 and 7.5% in the fiscal year 2016-17, according to the Economic Survey tabled in Parliament on Friday. The survey has also projected 7.6% economic growth rate in 2015-16. But in a...
Crowd pleaser Railway Budget
Nagpur: It is a crowd pleaser Railway Budget. Railway Minister has attempted to please all-industry, experts and passengers, he sounded upbeat through his budget speech which seemed to be a crowd pleaser with something for everyone. Industry is enthused by...
Rail Budget is in Public interest : J. P. Sharma
Nagpur: J. P. Sharma, president of Vidarbha Taxpayers Association (VTA) appreciated the rail budget as he said the budget has been meticulously planned taking into consideration common man, commuters’ needs, safety, senior citizens plus keeping total focus on cleanliness and...
Rail Budget: A visionary document commit dominance of policies
Nagpur: The Confederation of All India Traders (CAIT), apex body of the business community of the Country has termed the "Railway Budget" as a visionary document speaking committing dominance of economic policies on political compulsions. The CAIT has lauded the...
Disappointment Over Railway Budget Subdues Equity Markets
MUMBAI/Nagpur: Disappointment over the railway budget, coupled with derivatives expiry and a weak rupee subdued Indian equity markets during the afternoon trade session on Thursday. Negative Asian markets also dented sentiments. This led the barometer 30-scrip sensitive index (Sensex) of the BSE...
Facing heat, PNB makes willful defaulters public, 11 Nagpur cos figure in dubious list
Nagpur: Facing severe flak from all quarters on NPA front, the Punjab National Bank (PNB) has made public the list of willful defaulters on its website. 11 companies from Nagpur figure in the dubious list. On the other hand, the...
“Please do not tax the retired – Pension is something that is hard earned” says retired Banker
Nagpur: Sharad Dhumane spent his entire life serving in a nationalized bank. He was posted all over India, often having to take rural postings which kept him away from his wife and two growing children. Later in his senior years...
Odisha Tourism Road-Show held at Nagpur to attract domestic tourists
Nagpur: The Department of Tourism (DoT), Government of Odisha, in its bid to attract domestic tourists from an important source state and commercial capital of India – Nagpur is organising its road show here today. The objective is to promote the state...
Talk on “Stress Management & Pain Management” held at VIA
Nagpur: Lady Entrepreneur Wing of Vidarbha Industries Association conducted a talk on “Pain & Stress Management” at VIA Hall recently. The programme aimed for getting rid of stressful and painful life suffered by every human being. There is a lot...
Vishvaraj Infrastructure’s Arun Lakhani bags 2 prestigious awards at World Water Leadership Congress
Nagpur/Mumbai: Vishvaraj Infrastructure Ltd, which is heading Orange City Waters - Nagpur's core Water Supply Manager, has managed to bring some moments of proud to the city. In the recently held World Water Leadership Congress and Awards in Mumbai, the company...
Announce Amnesty Scheme for VAT : Dipen Agrawal
Nagpur: Dipen Agrawal , Executive President - Federation of Associations of Maharashtra ( FAM ) called upon Devendera Fadnavis Chief Minister at Ramgiri his official residence at Nagpur on Saturday night to discuss various issues pertaining to traders from the...
WCL, Public Relations gets prestigious NiB Awards -2016 in Kochi
Nagpur: Public Relations Department of Nagpur based Miniratna Public Enterprise, Western Coalfields Limited (WCL) has been awarded with prestigious national NiB Awards-2016 by Ernakulam Press Club (One of the oldest press club of the country) in association with PRCI in...
Reason behind the sudden increase in npa in public sector banks was wrong policies of upa government
Nagpur: On Sunday a delegation of Chartered Accountants led by CA Ashish Mukim (President, BJP CA Cell Nagpur) met Nitin Gadkari and explained him about the sudden increase in Non Performing Assets (NPA) in Public Sector Banks was due to...
Have funds to modernize and equip city police with modern gadgets: Bawankule
• Guardian Minister Bawankule inaugurates Tantra-Tech Expo-2016 • Nagpur Police’s attempt to create awareness among citizens about various crimes and preventive methods. Nagpur: Guardian Minister Chandrashekhar Bawankule while addressing the audience said that the Nagpur City Police have chosen Chatrapati Shivaji...