Stock markets tumble in early trade
Stock market benchmark indices Sensex and Nifty tumbled in early trade on Thursday after an impressive rally in the previous session amid fresh tensions in West Asia, igniting concerns over a potential ceasefire breach. The 30-share BSE Sensex dropped 243.57...
RBI keeps repo rate unchanged at 5.25%
The Monetary Policy Committee has decided to keep the policy repo rate unchanged at 5.25%, and to maintain a neutral stance, says RBI Governor Sanjay Malhotra. Sanjay Malhotra says, "The Monetary Policy Committee met on 6th, 7th and briefly today in...
Stock markets drop in early trade on surging oil prices
Benchmark indices Sensex and Nifty declined in early trade on Monday as crude oil prices climbed amid fears of further escalation in the West Asia the war. Relentless foreign fund outflows also dented markets' sentiment. The 30-share BSE Sensex declined 270.13...
HC Pulls Up RBI for Refusing Seized Demonetised Notes, Relief Likely for Petitioner
Nagpur: In a significant ruling, the Nagpur bench of the Bombay High Court has expressed strong displeasure over the stance of the Reserve Bank of India (RBI) for refusing to accept demonetised currency that had been seized by authorities during...
Big win for ED: HC allows two PMLA appeals against banks in Nagpur
Nagpur: In a significant ruling, the Nagpur Bench of the Bombay High Court has set aside key orders of the PMLA Appellate Tribunal, delivering a major legal victory to the Enforcement Directorate (ED) in a case linked to alleged coal...
Will Petrol and Diesel Prices Actually Drop After Excise Duty Cut? Government Move Sparks Questions
New Delhi/Nagpur: The central government has announced a significant reduction in excise duty on fuel, cutting ₹3 per litre on petrol and bringing diesel excise duty down by ₹10 per litre to zero. The move comes amid rising global concerns...
Nifty at 23,000, Sensex up 900 pts on US-Iran truce hopes
The domestic equity markets continued their rebound on Wednesday, opening in the green as investor sentiment improved amid reports of a possible truce between the United States and Iran. The Nifty 50 opened at 23,064.40, gaining 152 points or 0.66...
Iran war: India’s pvt sector growth slows to lowest in 3 yrs
India's private sector activity in March slowed to its weakest pace since October 2022, as ongoing tensions in the Middle East, rising inflationary pressures and unstable market conditions weighed on growth, according to the latest PMI data released by HSBC....
Income Tax Raids Conducted on Prominent Steel Company in Nagpur
Nagpur: According to sources, the Income Tax Department has conducted raids on a well-known steel company in Nagpur, triggering significant buzz across the city’s industrial circles. The raids reportedly began early this tuesday morning, with officials carrying out simultaneous searches...
Decoding Property Valuation in Nagpur: A Practical Guide for Smart Investors
In a dynamic and fast-evolving city like Nagpur, fair property valuation goes beyond just the price tag—it requires a holistic understanding of multiple factors. Location remains the cornerstone, especially in new growing corridors like Wardha Road, MIHAN, and Outer Ring Road,...
Did a Nagpur Complaint Trigger HDFC Bank Turmoil and Chairman’s Resignation?
Nagpur: The roots of the ongoing crisis at HDFC Bank appear to trace back to Nagpur, where a formal complaint lodged with the Economic Offences Wing (EOW) in July 2025 set off a chain reaction. The complaint alleged mis-selling of...
Sensex crashes 1,500 points, Nifty 400 down
After a three-day winning streak, Indian benchmark indices opened in the red on Thursday, with the BSE Sensex plunging nearly 1,500 points and the Nifty falling over 400...
33 Companies Yet to Begin Work on Allotted Plots in MIHAN; Authorities Plan Action
Nagpur: Nearly 33 companies that were allotted land in the MIHAN project have yet to begin work, prompting the Development Commissionerate to consider issuing notices to the non-operational firms. According to official sources, a review conducted in November 2025 revealed that...
West Asia Tensions May Trigger LPG Supply Crisis, Commercial Cylinders Likely to Be Curtailed: Nitin Khara
Nagpur: The ongoing war-like situation in West Asia involving Iran, Israel and the United States may soon trigger a serious disruption in LPG supplies, warned Confidence Group Chairman and Managing Director Nitin Khara during an exclusive interaction with Nagpur Today. Khara...
Flipkart lays off 300 employees
Flipkart has asked about 250-300 employees to leave this year following performance reviews, according to people familiar with the matter. The cuts represent roughly 2 per cent of the companys workforce -- same as the typical 1-2 per cent of employees...
CAMIT Welcomes Maharashtra Budget 2026–27; Calls it a Visionary Roadmap for “Viksit Maharashtra 2047”
The Chamber of Associations of Maharashtra Industry & Trade (CAMIT) has welcomed the Maharashtra State Budget 2026–27 presented in the Legislative Assembly by Hon’ble Chief Minister Devendra Fadnavis, describing it as a forward-looking, balanced, and growth-oriented budget that lays a...
₹12,800-Crore Drone Factory to Come Up in MIHAN
Nagpur: In what is being seen as a major development for Nagpur’s industrial landscape, a ₹12,800-crore drone manufacturing facility is set to be established in the MIHAN Special Economic Zone, significantly strengthening the city’s position in India’s defence and aerospace...
Roshan Real Estate Facilitates Landmark Lemon Tree Hotels Deal in Akola
Lemon Tree Hotels Limited has announced the signing of a new hotel in Akola, Maharashtra, further strengthening its presence in one of India’s most economically active states. The landmark transaction was successfully facilitated by Nagpur’s renowned real estate brokerage firm,...
Stock markets rebound, Sensex up by over 500 points
Benchmark equity indices Sensex and Nifty rallied in early trade on Wednesday, bouncing back from previous session's sharp fall, driven by buying in IT stocks and a positive trend in global markets. The 30-share BSE Sensex jumped 558.79 points to...
Sensex tumbles 1,236 pts on selling in RIL, HDFC Bank
Benchmark Sensex tumbled 1,236 points or 1.5 per cent while Nifty closed near 25,450 on Thursday following an across-the-board sell-off amid escalating geopolitical tensions between the US and Iran. Halting the three-day gaining streak, the 30-share BSE Sensex tumbled 1,236.11 points,...
Mihan IT-SEZ Expansion to Create 150 Jobs as Two IT Firms Scale Up
Nagpur: Around 150 new jobs are expected to be created at MIHAN as two IT companies-Virtual Galaxy and Essent-move to expand their operations at the Central Facility Building (CFB) within the IT-SEZ. Sources said Virtual Galaxy has taken an additional 8,000...
