No Buyers for Vidarbha Oranges: Here’s Why
Nagpur: Farmers in Maharashtra’s Vidarbha region are facing a significant crisis as orange exports to Bangladesh have been severely affected due to the ongoing turmoil in the neighboring country. The Nagpur area, known for its abundant orange production, usually exports...
Hindenburg points finger at Sebi chief Madhabi Buch in Adani case
US short-seller Hindenburg Research launched a fresh broadside against market regulator Sebi chairperson Madhabi Buch, alleging that she and her husband had stakes in obscure offshore funds used in the Adani money siphoning scandal. In a blogpost, Hindenburg said 18 months...
Sensex, Nifty tumble after RBI monetary policy decision
Equity benchmark indices Sensex and Nifty continued to trade lower on Thursday after the Reserve Bank of India decided to keep the policy rate unchanged for the ninth time in a row, saying food inflation remains stubborn. Continuous foreign...
Delay of Nagpur Airport’s Development causing hurdles in the development of the region – VTA
Nagpur: Vidarbha region was delighted when it was announced that Nagpur’s Dr. Babasaheb Ambedkar International Airport will be developed into a modern high-tech infrastructure taking into consideration the futurist requirements and accordingly after carrying out the tender process, in 2019...
Sensex jumps 1,046 points in early trade
Equity benchmark indices Sensex and Nifty bounced back sharply in early trade on Wednesday after three days of massive decline in-tandem with a rally in global peers. The 30-share BSE Sensex jumped 1,046.13 points to 79,639.20 in early trade....
Sensex, Nifty bounce back sharply in early trade
Equity market benchmark indices Sensex and Nifty bounced back sharply in early trade on Tuesday after facing a severe drubbing in the previous trade tracking a smart rebound in Asian peers. The 30-share BSE Sensex jumped 1,092.68 points to...
Inflation to remain around 5% this fiscal: SBI report
The Consumer Price Inflation in India is expected to remain around 5 per cent in the financial year 2024-25 except for September and October month, according to a research report by SBI. The report also noted that the inflation outlook in...
Bloodbath in markets, Sensex falls over 1500 points
Sensex tanks 1500 points to 79,000 in early trade; Nifty tumbles 489.65 points to 24,228.05. The Asian stock markets, Japanese indices registered high losses during the early trading session on Monday. The Japanese markets are down 20 per cent from their...
Devendra Fadnavis Assures Infrastructure Improvements for Water-Logged Nagpur Industrial Estates.
Delegation of industries affected by water logging problem in Maa Umia Industrial Easte, Kapsi, Kapsi Khurd, Baradari, Lihgaon and Mahalgaon area situated on Bhandara Road, led by Dr. Dipen Agrawal, President of the Chamber of Associations of Maharashtra Industry &...
Nag Vidarbha Chamber of Commerce Resumes New Member Enrollment
Nagpur: the executive committee of the Nag Vidarbha Chamber of Commerce (NVCC), a leading organization representing 1.3 million traders in Vidarbha, held its third meeting at Hotel Dwarkamai near Ganeshpeth ST Bus Stand. The meeting was chaired by President...
Why is Air Passenger Traffic in Nagpur Dropping?
Nagpur: Air passenger traffic to and from Dr. Babasaheb Ambedkar International Airport in Nagpur has seen a significant decline in the first half of 2024. The total number of passengers has dropped by approximately 187,309 compared to the same period...
Nagpur Court Reviews ED Chargesheet in ₹352.49 Crore Jewelry Fraud Case
Nagpur: A special court in Nagpur has taken cognizance of a chargesheet filed by the Enforcement Directorate (ED) in a high-profile bank fraud case involving Jalgaon-based jewelry firms Rajmal Lakhichand Jewellers Pvt. Ltd, R L Gold Pvt. Ltd, and Manraj...
Planning to Buy an Electric Vehicle? Read This
Electric vehicles (EVs) are being hailed as the future of mobility, with the government actively promoting them, including electric cars and two-wheelers. The number of EV buyers in India has significantly increased over the past few years. However, a recent...
Sensex hits fresh all-time highs in early trade
Equity market benchmark indices Sensex and Nifty hit their new all-time high levels in early trade on Monday in-tandem with a rally in global peers and fresh foreign fund inflows. The 30-share BSE Sensex jumped 416.62 points to hit a...
Union Budget 2024 Highlights CA Kirit N. Kalyani
The Union Budget 2024, presented by the government, outlines key provisions aimed at fostering economic growth, enhancing social welfare, and strengthening India's infrastructure and institutional frameworks. Here are some notable provisions: 1. Fiscal Management : Fiscal deficit estimated at 4.9% of GDP...
VIA organises Seminar on “Analysis of Tax Proposals of Union Budget 2024
Vidarbha Industries Association Taxation & Corporate Law Forum is organizing a seminar on "Analysis of Tax Proposals of Union Budget 2024" on Friday, 26th July 2024 from 4.00 pm to 6.00 pm at VIA Auditorium, Udyog Bhawan, Civil Lines, Nagpur...
How Much Will the ₹24,000 Smartphone Cost Now? Mobile Prices Drop Post-Budget Announcement, New Rates
Oplus_131072 Nagpur: The recent Union Budget has brought significant changes, including a reduction in customs duty on gold, resulting in a price drop of ₹3,000 to ₹5,000. This has made gold more accessible in the market. Finance Minister Nirmala Sitharaman presented...
Property Sales to Be Impacted by New Budget Rules
Nagpur: In the latest budget announcement, significant changes have been made to the capital gains tax, affecting those who have invested or plan to invest in property or the stock market. Finance Minister Nirmala Sitharaman has introduced major changes to...
BUDGET 2024 REACTION” by Industrialists of VIA
Mr Vishal Agrawal, President - VIA We welcome the Government initiative for employment and skill development, specially the scheme for job creation in manufacturing where the government is giving incentive to both employers and employees for EPFO contribution for the first...
Reaction to Union Budget 2024-25 by Dr Dipen Agrawal – President, Chamber of Associations of Maharashtra Industry & Trade (CAMIT)
Finance Minister Nirmala Sitharaman presented her seventh consecutive Union Budget 2024-25 today (on July 23) during the Budget Session of Parliament. Notably, Sitharaman makes history as the first finance minister to present seven consecutive Budget speeches. She now surpasses...
What Maharashtra and Nagpur Received in the Union Budget
The recent Union Budget has allocated significant funds for various projects in Maharashtra, aimed at boosting infrastructure, agriculture, and sustainable development. Here are the key allocations: 1. Irrigation Projects in Vidarbha and Marathwada:₹600 crore has been allocated to enhance irrigation facilities...
