Gold reaches record high at Rs 34,622 but buyers get at Rs 31,500 in Nagpur

Nagpur News. Extending its Tuesday's rally, gold price hit fresh all-time high of Rs 34,622 per ten grams in futures trade Wednesday on heavy buying as rupee plunged to its new record low of 68.75 against the US dollar. The new...

Rupee sinks below 68 mark; People in Nagpur concerned over fiscal burden for food bill

Nagpur News: Rupee met with another big time crash on Wednesday, a day after Food Security Bill was passed in parliament. As the share market opened on Wednesday, the rupee breached the alarming 68 mark against dollar driving the sentiments...

Income-Tax officials raid RevAyur company in Nagpur, seize important papers

RevAyur Office Nagpur News: The Income-Tax Department Squads stormed the company and office of Unijules Laboratory Limited (RevAyur) and seized several important documents which contained deals and other crucial information. The Shanti Nagar, Nagpur-based Unijules Laboratory Limited was jolted when the...

CAIT: Policy paralysis led to economic slowdown

Nagpur News: Attacking the UPA government for the economic slowdown the Confederation of All India Traders (CAIT) on Monday said that lack of leadership and policy paralysis are responsible for the state of the economy. "Lack of visionary policies is the...

Nagpur’s Grace Industries given Lohara coal block without State Govt’s recommendation

File Pic Nagpur News. The Coal blocks allocation scam being probed by the Central Bureau of Investigation (CBI) exuded yet another Nagpur connection. The CBI’s probe latest outcome has established that the Lohara East coal block in Maharashtra was allocated to...

Demand of shifting of Maharashtra capital from Mumbai to Nagpur is a welcome step –NVCC

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Nagpur News:

Nag Vidarbha Chamber of Commerce appreciates the demand made by Vilasrao Muttemwar, MP demanding shifting of Maharashtra Capital from Mumbai to Nagpur for 50 years, in the Parliament is a welcome step. Looking to overcrowded and...

Govt’s more interest in votes & wrong policies taking rupee & economy backwards – VTA

File Pic Nagpur News: Almost 20% of devaluation of rupee in a month has literally triggered panic button in the business & industry circles, which is obviously to be followed by instant rise in inflation and shortage of funds plunging economy...

Dollar Dilemma : Tumbling rupee troubles travel companies big time in Nagpur; Bookings hit

Nagpur News: As the plunging rupee against dollar has been sending jitters throughout the nation, the situation is no different back home in Nagpur. Worst hit are the travel companies which sell foreign tours on their...

Market Rampage Continues ; Rupee touches new low; Banking stocks bear brunt

Nagpur News. Even the banking stocks could not be spared from the declining rupee against dollar. As the rupee touched all time low of Rs 64 to a dollar on Wednesday, major banks bore the brunt as their stocks hit the...

Political connection leads to no action against Sameer Joshi; Shreesurya Investors panic

Mayor Anil Sole with Sameer Joshi at Shreesurya Group's 7th anniversary Nagpur News. There seems to be no relief in sight for the beleaguered investors of Shreesurya Investments which recently caught limelight for defaulting on payments that run over Rs 100...

Sensex crash worries investors in Nagpur Expert suggests good use of ‘opportunity’

File Pic Nagpur News. The recent sparks in turbulent share market were just an indication that it is going to explode down with a bang. And it finally happened on Friday as the Sensex crashed losing more than 700 points...

Twists and turns: Shreesurya Chairman Joshi hatching conspiracy by disposing of properties

The Chairman of Rs 1000 crore scamhit Shreesurya Group in Nagpur Sameer Joshi has already disposed of two properties at Rs 10 crore each and soon going to dispose of properties in Chhatrapati Nagar. The cunning reason behind disposing of...