Sensex tanks over 1000 pts in opening trade

Equity benchmarks fell sharply on Thursday in line with an extremely weak trend in the global markets, with the Sensex plunging over 1000 points in early trade. Persistent foreign fund outflows and a spurt in crude oil prices also...

S&P cuts FY23 India growth forecast to 7.3%
S&P Global Ratings on Wednesday cut India's growth projection for the current fiscal to 7.3 per cent from 7.8 per cent earlier on rising inflation and the longer-than-expected Russia-Ukraine conflict. In its Global Macro Update to Growth Forecasts, S&P said...

India’s biggest IPO: LIC lists at Rs 867.20/share
The country's largest insurer LIC on Tuesday listed its shares at a discount of 8.11 per cent at Rs 872 per share on the NSE. On the BSE, the shares got listed at Rs 867.20 apiece, down 8.62 per cent...

Gadkari opens Bridgestone Fleet Point Express dealership at Nagpur’s Ajmera Bros & Co
Nagpur: The Union Minister for Road Transport and Highways, Nitin Gadkari the other day inaugurated Bridgestone India’s dealership Bridgestone Fleet Point Express Centre at M/s Ajmera Brothers & Company, Bhandara Road, Kapsi Burj Opp. Bharat Petrol pump, Nagpur. The...

Narendra Modi’s Government Will Address All Gst Issues : Dr. Bhagwat Karad, Mos Finance, GOI
SECTION 16(2)(C) OF CGST ACT, 2017 IS NIGHTMARE FOR HONEST TAXPAYERS : DR. DIPEN AGRAWAL, PRESIDENT-CAMIT A delegation of Chamber of Associations of Maharashtra Industry & Trade (CAMIT) led by President, Dr. Dipen Agrawal and Chairman Mohan Gurnani along with Bombay...

LIC IPO closes: Allotment on May 12, check grey market premium
LIC IPO Subscription Status, LIC IPO GMP: Life Insurance Corp's mega public offering -- India's largest to date -- closed with 2.95 times subscription at the end of the six-day bidding on Monday. The subscription was predominately lapped up by...

VIA Exim Forum & BOI jointly conducted “Exporters Meet” at VIA
Vidarbha Industries Association EXIM Forum and Bank of India (BOI), Nagpur Zone jointly conducted an “Exporters Meet” for Exporters of the region recently at VIA Auditorium, Nagpur. Raghvendra Kumar, General Manager – FBD, BoI (HO), Mumbai addressed the participants via...

CA. Deepak Jethwani is the Chairperson of WICASA, ICAI Nagpur Branch for the year 2022 – 2023.
CA. Deepak Jethwani has recently been nominated as the Chairperson of a whole new team for the Nagpur Branch of Western Indian Chartered Accountants Students’ Association (WICASA) for the tenure of 2022-23. WICASA 2022 will work under the aegis of...

Rs 875 crore investment fraud, many big businessmen lost money, reveals ED probe
Nagpur: Following the arrest of Pankaj Nandlal Mehadia (45) by Economic Offences Wing (EOW) of Nagpur police in the Rs 8.16 crore investment fraud in last November, the Enforcement Directorate (ED) has started a probe on money laundering angle, according...

RBI hikes benchmark interest rates by 0.40 pc
The RBI's monetary policy committee has voted unanimously to increase the policy repo rates by 40 bps, to 4.40 pc, with immediate effect, RBI Governor Shaktikanta Das announced on Wednesday. The RBI governor added that the central bank had announced...