Foreign investors take out Rs 18,000 crore from Indian markets in FY16
New Delhi/Nagpur: In the first outflow of overseas funds from Indian capital markets in seven years, foreign portfolio investors (FPIs) took out an estimated amount of Rs 18,000 crore during fiscal 2015-16. This is also only the third time since foreign...
Ceat commissions new unit at Nagpur plant
New Delhi/Nagpur: Tyre maker Ceat has commissioned a new unit at its manufacturing plant in Nagpur resulting in addition of 15 metric tonne (MT) per day installed capacity of the plant. The company has commissioned its greenfield unit situated at Buti...
Cleared all your income tax dues? Only one day left to avoid penalty
Nagpur: Have you received a notice from the I-T department seeking explanations on your previous year income that you have no clue about? The taxman has been turning on the heat on defaulters and non-filers. So, while you are preparing...
Modi laud Western Coalfields Limited Nagpur in Mann Ki Baat
Nagpur: Prime Minister Narendra Modi today urged people to conserve and save water especially rain water and asked people to do Yoga and physical exercise to fight diseases. In his 18th edition of monthly Mann Ki Baat programme on All India...
Jewelers to handover keys of shops to FM to lodge protest
Indefinite strike will continue-pledge by 375 associations Pan India Nagpur: Jewelers on Friday decided to continue and intensify their pan-India strike for an indefinite period against the Budget proposal to impose 1 per cent excise duty, despite the Center's assurance of...
CAIT demands a comprehensive study of all the sources of black money generation
Nagpur: CAIT National President B. C. Bhartia & Secretary General Praveen Khandelwal has demanded a comprehensive study of all the sources of black money generation and called upon the Government to draw a conclusive strategy to check black money in...
FMP amendment would be a gateway to corruption: Chandak
Nagpur: CA Ashok Chandak, Past President of the Institute of Chartered Accountants of India and Past President of South Asian Federation of Accountants an apex body of SAARC and presently Chairman of VIA Taxation and Corporate Law Forum delivered a...
Coal – the game changer of the economy: U. Kumar
Nagpur: Continuing the series of interaction with the legends of Coal Industry with WCL officers, a workshop was organized by Nagpur based Public Enterprises, Western Coalfields in Human Resource Development department today. The workshop was on "Coal - the game...
Zero-Budget Natural Farming is need of the hour
Nagpur. Vidarbha Economic Development Council (VED) and Anacon Laboratories Ltd. held a workshop jointly with Vidarbha Vaibhav, “Sheti Vyavasayatun Aarthik Samruddhi” on Monday, March 21, 2016, especially for farmers at the R G Maheshwari Sabhagruha, Mor Bhawan, Sitabuldi, Nagpur addressed by...
After 18 Days, Jewellers Call Off Strike Over Excise Duty
Nagpur/Mumbai: Jewellers on Saturday called off their 18-day old strike demanding rollback of proposed excise duty on non-silver jewellery after government assured them that there will be no harassment by excise officials. Major jewellery associations, including All India Gems and Jewellery...
Maharashtra hikes VAT rate from 5% to 5.5%
Mumbai/Nagpur: Motor Vehicle Tax enhanced on two wheelers and three wheelers owned by individual. The finance minister, Sudhir Mungantiwar of Maharashtra government presented state budget in the state assembly for 2016-17. The finance minister has announced the hike in VAT tax...
“Nagpur Branch to form Bank Branch Audit Help Desk Cell” – CA. Swapnil Ghate
Nagpur: Nagpur Branch of Western India Regional Council of The Institute of Chartered Accountants of India organised Full Day Seminar on Branch Audit at Hotel Centre Point, Ramdaspeth Nagpur in which Chairman of Nagpur Branch CA. Swapnil Ghate in his...
VIA-LEW Celebrated International women’s day
Nagpur: VIA Lady Entrepreneurs Wing organized a two day event recently to celebrate the International Women’s day at VIA Hall. The first day programme included a contest for upcoming women entrepreneurs titled “Show your Entrepreneurial talent”. This contest was to provide the...
CAIT called for comprehensive policy to curb black money
Urhred the Govt to promote usage of digital payments for payments for less cash economy Nagpur: The Confederation of All India Traders (CAIT) which is supporting jewelers strike in the Country has called for a comprehensive study of all the sources...
Idea launches world-class, high-speed LTE services in Maharashtra and Goa
- 4G services launched in 28 towns, including major ones - Nagpur, Ahmednagar and Shirdi, today; Other major towns of Aurangabad, Solapur and Sangli-Miraj to follow by month end
- With this launch, Idea delivers on its promise to provide its own 4G...
WICASA Nagpur help CA Students to “Add Wings to Their Dreams”
Nagpur: WICASA, Nagpur Branch with the help of very renowned CA S. P. Tulsian, Mumbai, as Guest Faculty helped the CA Students to have a remarkable Saturday by organizing an Interactive Meet. The theme of this meet was “Add Wings...
New Inland Container Depot in Butibori commences operations
Nagpur: ICD Butibori, a venture by Glocal ICD Pvt. Ltd. started their operations on 15th March 2016. The Flag off of the first containers was done by the hands of Principal Commissioner A.K. Pandey, in presence of Commissioner (Audit) C.R....
Real GDP is growing at 5%, not 7.1%
The deflator, based on wholesale price index, is understated, and hence the real growth is overstated Mumbai/Nagpur: Are our gross domestic product (GDP) numbers credible? Many commentators have expressed their doubts. But no one has yet identified problems with the Central...
4-day holiday for banks on a trot may leave customers high and dry
Nagpur: Bank customers, specifically the ATM dependents, are in for a sort of trouble as the banking sector will have a long vacation following the co-inciding dates of list of holidays. Starting March 24 banks will be closed for business...
Excise on jewellery to stay, but jaitely ready to ease rules
Jewellers' association digs in, says strike to continue till excise is completely withdrawn NewDelhi/Nagpur: The finance ministry has ruled out rolling back excise duty on jewellery, but has shown preparedness to solve real issues of jewellery industry regarding implementation of excise...
TruJet to run daily flights between Nagpur and Hyderabad
Nagpur: In another favourable step for traders, businessmen and frequent travelers of Nagpur to South India, Hyderabad based regional airline TruJet announced on March 10, 2016 that they will be operating direct flights between Hyderabad and Nagpur from March 20,...
