US Tariff Reduction to 18% on Indian Exports a Major Boost for ‘Make in India’ & Export Competitiveness: CAMIT
Nagpur: The Chamber of Associations of Maharashtra Industry & Trade (CAMIT) has welcomed the recent announcement of a trade understanding between India and the United States, under which the United States has reduced reciprocal tariffs on Indian exports from around...
Budget 2026: Panel Set To Review Banking Sector
The Budget proposal to set up a high-level committee to comprehensively review the banking sector could take up some pending issues, including whether corporate houses will be allowed to set up banks as well as streamlining foreign direct investment (FDI)...
Budget 2026 Gets Mixed Response in Nagpur: GST Relief Welcomed, TCS Hike Raises Industry Concerns
Nagpur: The Union Budget 2026–27 presented by Union Finance Minister Nirmala Sitharaman has drawn a mixed but largely constructive response from Nagpur’s business and trade bodies, with industry leaders welcoming GST reforms, MSME support and infrastructure push, while flagging concerns...
Budget 2026: Alcohol Gets Costlier, Mobiles Get Cheaper
New Delhi: Union Budget 2026 just rewired everyday expenses—making healthcare, gadgets, travel, and education lighter on the wallet, while alcohol, luxury goods, and stock trading get pricier. Presenting her ninth consecutive Budget, Finance Minister Nirmala Sitharaman rolled out sharp customs duty...
Budget 2026 Boost: Big MSME, Tourism Push for Nagpur & Vidarbha
Nagpur: The Union Budget 2026–27 presented by Finance Minister Nirmala Sitharaman is expected to open fresh growth opportunities for Nagpur and the wider Vidarbha region, with strong emphasis on MSMEs, tourism, textiles, and manufacturing-led development. At the national level, the Budget...
No Changes in Personal Income Tax in Budget 2026
New Delhi: Finance Minister Nirmala Sitharaman today presented the Union Budget 2026, marking her ninth consecutive Budget-a first in India’s parliamentary history. Ahead of the Budget presentation, Sitharaman followed tradition by visiting Kartavya Bhavan and calling on President Droupadi Murmu. During her...
Union Budget 2026: Big Announcements by Nirmala Sitharaman – What Gets Cheaper, What Costs More
New Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2026–27 in Parliament today (February 1, 2026), marking her ninth consecutive Budget. The government reiterated its focus on poverty eradication, job creation, higher investment, and the vision of a...
Union Budget 2026: Capex Push, Tax Holiday for Data Centres, Cheaper Cancer Drugs Among Key Announcements
New Delhi: Finance Minister Nirmala Sitharaman on Saturday presented a growth-focused Union Budget, doubling down on infrastructure spending, easing compliance for taxpayers and businesses, and rolling out a sweeping package for healthcare, agriculture, manufacturing, and technology. At the core of the...
Increase in securities transaction tax spooks Dalal Street
India's equity markets seem to have reacted negatively to the increase of securities transaction tax (STT) on futures and trading segment from 0.02% to 0.05%, with the BSE Sensex and Nifty 50 indices down by 1.8%. After both the indices...
Two IT Companies to Expand Operations at MIHAN; 150 New Jobs to Be Created
Nagpur: Two IT companies operating from MIHAN SEZ are set to expand their presence, bringing fresh employment opportunities and strengthening Nagpur’s growing IT ecosystem, according to sources. IT firm Virtual Galaxy, which is already functioning from the Central Facility Building (CFB)...
Bank Unions To Go On Strike On January 27
The United Forum of Bank Unions (UFBU) is likely to go ahead with the proposed all-India bank strike on January 27, demanding five-day work week, after a conciliation meeting convened by the chief labour commissioner (central) between UFBU and the...
Sensex declines 455 points on foreign fund outflows
Benchmark indices Sensex and Nifty declined in early trade on Monday as persistent foreign fund outflows, concerns over further US tariffs on Indian exports and geopolitical overhangs dent investors' sentiment. The 30-share BSE Sensex dropped 455.35 points to 83,120.89 in...
MIHAN dreams grounded: 40 companies sit idle, jobs elusive in Vidarbha
Nagpur: Once projected as the economic backbone of Vidarbha and a gateway to global investment, the Multi Modal International Cargo Hub and Airport at Nagpur (MIHAN) today stands as a stark reminder of unfulfilled promises, policy paralysis and missed opportunities....
RBI Sold $12 Bn On Oct, Highest Monthly Sale In 10 Months
The Reserve Bank of India net-sold $11.8 billion in October, its highest monthly dollar sale since December 2024, according to the central bank's monthly bulletin. This followed net dollar sales of $7.9 billion in September. In October, the RBI steadily supplied...
Banks Asked To Offer Basic Services At ALL Branches
Commercial banks have been asked to offer basic services to customers from all branches, and not just home branches, said a senior banker aware of the development. Also, the lenders have been prodded to cut service charges levied by them...
BSE Sensex top losers today
Benchmark stock indices Sensex and Nifty closed lower for the fourth consecutive day on Thursday amid a muted trend in global markets and uncertainty over a trade deal with the US. Falling for the fourth day, the 30-share BSE Sensex...
RBI Issues Revised Norms For Cash Credit, Overdraft Facility
The Reserve Bank of India on Thursday issued revised norms to provide greater flexibility to banks for opening and maintaining three types of accounts: Cash credit, current, and overdraft. These accounts are predominantly used for business and commercial transactions. The revised direction...
RBI cuts repo rate to 5.25%
RBI Governor Sanjay Malhotra says, "The MPC (Monetary Policy Committee) voted unanimously to reduce the policy repo rate by 25 basis points to 5.25% with immediate effect." Since October policy, Indian economy has witnessed rapid disinflation. Rate-setting panel decides...
Equity markets decline in early trade
Benchmark indices Sensex and Nifty declined in early trade on Tuesday dragged by blue-chip bank stocks and persistent foreign fund outflows. After scaling record high level in the previous intra-day session, the 30-share BSE Sensex fell by 380.02 points to...
Sensex, Nifty close marginally lower after hitting fresh lifetime highs
Benchmark stock indices Sensex and Nifty closed marginally lower after hitting their fresh all-time highs on Monday due to profit-taking at higher levels and foreign fund outflows. The 30-share BSE Sensex pared early gains and closed 64.77 points or 0.08...
Sensex, Nifty hit record HIGHS after 14 months
Stock market benchmark indices Sensex and Nifty scaled their fresh record highs in early trade on Thursday amid optimistic global trends on growing hopes of a US Fed rate cut and foreign fund inflows. Extending its previous day's rally, the...
