Is Maharashtra’s economy growing? Numbers are…
Maharashtra's economy is expected to grow at 7.3 per cent as per the advance estimates of 2024-25, according to the government's pre-Budget Economic Survey tabled in the assembly on Friday. The report was tabled by Deputy Chief Minister Ajit Pawar who...
India Stock Market Analysis: Recent Crash, Causes, and Future Outlook
The Indian stock market has witnessed significant turbulence over the past six months, with major indices experiencing sharp declines. After hitting an all-time high of 85,978.25 in September 2024, the BSE Sensex has dropped by approximately 16% as of early...
Extend the scope of GST Amnesty scheme: NVCC
NVCC an apex trade body informed that the GST Council in its 53rd meeting has provided for GST Amnesty scheme for waiver of interest and penalty for the initial years of GST Implementation i.e. FY 2017-18, 2018-19 & 2019-20. A...
Market mayhem: Sensex down over 800 points!
Benchmark indices Sensex and Nifty tanked in early trade on Friday mirroring deep cuts in global markets after the latest announcement of additional 10 per cent tariff on Chinese products rattled investors. The 30-share BSE benchmark Sensex tanked 871 points to...
Big deal: Adani set to acquire Reliance’s Vidarbha Power plant near Nagpur
Nagpur: In a major development, Adani Power on Monday received approval from the Committee of Creditors for acquiring the 600 MW Vidarbha Industries Power Ltd (VIPL) plant at MIDC Industrial Area, Butibori, Nagpur. Vidarbha Industries Power Ltd, a subsidiary of Reliance...
Markets rebound in early trade after 5-day slump
Equity benchmark indices Sensex and Nifty rebounded in early trade on Tuesday amid value buying at lower levels after falling sharply in the last five trading sessions. The 30-share BSE benchmark Sensex climbed 117.57 points to 74,571.98 in early trade....
Credit Card Spending Rises To Rs 1.84 Trn
Credit card spends grew by 10.8 per cent year-on-year (Y-o-Y) to Rs 1.84 trillion in January 2025, even as there was a marginal drop sequentially, latest data released by the RBI showed. Credit card spend of the leading card issuer HDFC...
Patanjali Mega Food and Herbal Park to be Inaugurated on March 9
Nagpur: The highly anticipated Patanjali Mega Food and Herbal Park, located in the MIHAN area of Butibori, is set to commence operations on March 9. The grand inauguration will be led by Union Minister for Road Transport and Highways, Nitin...
CAMIT Welcomes Maharashtra Government’s Decision to Shut Down LBT Departments Across Municipal Corporations
Nagpur: The Chamber of Associations of Maharashtra Industry & Trade (CAMIT) has lauded the Maharashtra government’s decision dated February 24, 2025, bearing number 0225/Ltr.No.26/UD-32, directing the closure of Local Body Tax (LBT) departments in all Municipal Corporations across the state....
Sensex falls over 700 points in early trade
Sensex tanks 736 points to 74,574 in early trade; Nifty drops 227 points to...
RBI To Conduct $10 Bn Buy/Sell Swap
The RBI on Friday announced a $10 billion buy/sell swap for a tenure of three years. The auction will be conducted on February 28. "In order to meet the durable liquidity needs of the system, the Reserve Bank has decided to...
Markets tumble in early trade amid foreign fund outflows
Benchmark indices Sensex and Nifty declined in early trade on Monday as persistent foreign fund outflows from the Indian equity markets and slowdown in corporate earnings continued to hurt investors' sentiment. The 30-share BSE benchmark Sensex dropped 297.8 points to...
Markets fall after initial rise
Indian benchmark indices fell after an initial high amid mixed global cues. The Sensex fell 348 points, at 75,790, while the Nifty 50 fell 129 points at 10:50 am. This comes after a weak close on Thursday, marking the seventh...
Markets rebound in early trade after 6-day slump
Equity benchmark indices Sensex and Nifty rebounded in early trade on Thursday following a better-than-expected decline in CPI inflation in January and value-buying at lower levels. The 30-share BSE benchmark Sensex climbed 214.08 points to 76,385.16 in early trade. The...
Stock markets decline in early trade
Market benchmark indices Sensex and Nifty declined in early trade on Tuesday amid unabated foreign fund outflows and fresh US tariffs that ignited trade war fears. Declining for the fifth day running, the 30-share BSE benchmark Sensex dropped 201.06 points...
Markets slump amid looming US tariff threat
Benchmark indices Sensex and Nifty declined in early trade on Monday amid fresh tariffs concerns and unabated foreign fund outflows. Declining for the fourth day running, the 30-share BSE benchmark Sensex dropped 343.83 points to 77,516.36 in early trade. The...
RBI projects 6.7% growth for FY ’26 because of…
The Reserve Bank on Friday projected the growth rate for the upcoming financial year at 6.7 per cent, up from 6.4 per cent estimated for the current fiscal ending March. Healthy Rabi prospects and an expected recovery in industrial activity...
Budget 2025 will prove to be a game changer for MSMEs-Julfesh Shah
Big ticket announcements & measures declared in Union Budget 25 will prove to be a game changer for MSME sector in the coming years which will ultimately go a long way in improving the performance of MSMEs resulting in the...
VIA Hosts a Successful 2nd Edition of ‘Power of Branding’ in Nagpur
Vidarbha Industries Association (VIA) successfully organized the 2nd edition of ‘Power of Branding’ at Center Point Hotel, Nagpur. The event was organized to highlight the impact of branding through real-life success stories of home-grown enterprises, including Go Gas , MPM...
Rupee hits record low of 87.57 against USD… again
The rupee depreciated 14 paise to hit record low of 87.57 against the US dollar in early trade on Thursday weighed down by anticipation of an RBI rate cut and weak economic data. Forex traders said the Indian rupee opened on...
HDFC Bank Parivartan impacts over 65.28+ lakh lives in Maharashtra
Nagpur: HDFC Bank, India’s largest private sector bank, under its CSR arm Parivartan, has positively impacted over 65.28 lakh lives in the state of Maharashtra till date and over 10.113 crore lives across India. It has been active in Maharashtra...
