What rate cut means for India’s financial markets

The new Monetary Policy Committee (MPC) decided unanimously to implement a rate cut in its first review. That brings the Repurchase (repo) rate down to 6.25 per cent with consequent adjustments of the reverse Repo to 5.75 per cent and...

by Nagpur Today | Published 10 years ago
By Nagpur Today On Wednesday, October 5th, 2016

Sensex rallies 143 pts on IMF growth upgrade for India

Representational Pic Mumbai: Adding gains for the fourth day on the trot, the Sensex jumped over 143 points and the Nifty retook the 8,800 level today amid continuous foreign capital inflows driven by a higher growth projection for India...

By Nagpur Today On Tuesday, October 4th, 2016

Installation of CCTVs Cameras mandatory : CP Nagpur City

Nagpur: Dr. K. Venkatasam newly posted Commissioner of Police, Nagpur was invited at Nag Vidarbha Chamber of Commerce in the Meeting Hall of the Chamber. Hemant Gandhi, Working President felicitated Dr. K. Venkatasam & apprised about various issues like working of...

By Nagpur Today On Tuesday, October 4th, 2016

RBI cuts repo rate to 6-year low in Urjit Patel’s first monetary policy, EMIs to fall

The Reserve Bank of India in its monetary policy review today cut its key lending rate or repo rate by 25 basis points to nearly six-year low of 6.25 per cent, from 6.5 per cent. Banks are likely to pass...

By Nagpur Today On Tuesday, October 4th, 2016

Reliance Ties up with Dassault After Rafale Fighter Jet Deal

File Pic : Reliance Aerospace Park MOU Reliance Group said on Monday it had tied up with Dassault Aviation SA to help the French company spend up to 300 billion rupees ($4.51 billion) that it must invest in India as...

By Nagpur Today On Monday, October 3rd, 2016

JCI Orange City: New Governing Board for 2017 Elected

President Jc CA Ajay Vaswani and Secretary Jc Manoj Pawa   Nagpur: The new team of JCI Orange City for the year was elected recently with Jc CA Ajay Vaswani as its President, Jc Manoj Pawa as Secretary and Jc Bhupendra...

By Nagpur Today On Monday, October 3rd, 2016

VIL rewarded “Best Infrastructure Brand” for its best water management

Nagpur: Vishvaraj Infrastructure Ltd (VIL) has brought laurels for the city and has added another feather in its cap when it was rewarded with most coveted “ET Best Infrastructure Brands” reward for their “Smart Water Management in Nagpur”. Chairman and Managing...

By Nagpur Today On Monday, October 3rd, 2016

‘Udyojika’ – an all eves’ exhibition inaugurated

Nagpur: The much awaited Annual all eves’ expo ‘Udyuojika’ organized by the Lady Entrepreneurs’ Wing of Vidarbha Industries Association took off to a great start. The exhibition on the 20th year since its inception was inaugurated by Director of MSME,...

By Nagpur Today On Thursday, September 29th, 2016

Surgical strike effect: Sensex crashes over 550 points

Representational Pic   Mumbai/Nagpur: The BSE benchmark Sensex crashed over 550 points in afternoon trade Thursday on all-round selling following the news of surgical strikes by the Indian Army across the Line of Control (LoC) in Jammu and Kashmir. The Sensex, which...

By Nagpur Today On Thursday, September 29th, 2016

Axis Bank Foundation reaches out to over a lakh rural populace

Executive Director, Corporate Centre, Axis Bank, Rajesh Dahiya   Nagpur: Axis Bank Foundation (ABF), the CSR arm of Axis Bank today said it has made significant progress in its efforts towards poverty alleviation, enhancing the quality of lives of some of...

By Nagpur Today On Tuesday, September 27th, 2016

Centre Point School Wins Nagpur edition of TCS IT Wiz 2016

Nagpur: Over 800 students from various schools in Nagpur participated in TCS IT Wiz, India’s biggest inter-school quiz, organized by Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions on Tuesday, September 27, at Dr. Vasantrao Deshpande...

By Nagpur Today On Tuesday, September 27th, 2016

Seminar on Export Awareness & Risk Management by ECGC & MIA

Nagpur: ECGC, a Government of India Enterprise in association with MIDC Industries Association (MIA), Hingna organized a Seminar on Export Awareness & Risk Management in Export Transactions on 23rd September 2016 from 4.00 pm to 6.00 pm at the Auditorium...

By Nagpur Today On Monday, September 26th, 2016

‘My Baby & Me’ reaches Nagpur

  Nagpur: In an endeavor to educate mothers on newborns health and developmental concerns, Himalaya Baby Care organized a healthcare education programme in Nagpur recently. The programme aimed at equipping mothers to understand the importance of timely health screening and immunization...

By Nagpur Today On Monday, September 26th, 2016

CAIT to launch series of Town Hall on GST

Nagpur: The Confederation of All India Traders (CAIT) will soon launch a series of "Town Hall" all over the Country on proposed law of Goods and Services Tax (GST) for imparting awareness & knowledge of the proposed provisions of GST...

By Nagpur Today On Monday, September 26th, 2016

Sensex slides further by 149 pts, banking a drag

Mumbai: Continuing to move south, the BSE Sensex fell over 149 points and the NSE Nifty broke below the 8,800-mark in early morning trade today amid weak global cues. Sentiment remained downbeat as investors went about booking profits in recent gainers....

By Nagpur Today On Saturday, September 24th, 2016

VIA celebrates 53rd Foundation Day with élan

Nagpur: The premier organization for the promotion and development of Industry in the region, Vidarbha Industries Association which has been working for more than five decades celebrated its 53rd Foundation Day on September 24, 2016. While speaking exclusively with Nagpur Today,...

By Nagpur Today On Saturday, September 24th, 2016

Bizarre Bazaar, an expo to cherish unique art and craft items

The Bizarre bazaar inaugurated by Mr and Mrs Shashank Manohar   Nagpur: The Bizarre Bazaar -- as the name suggests is the fresh and contemporary exhibition Nagpur has noticed in a while. This exhibition possesses the idea that anything which is...

By Nagpur Today On Wednesday, September 21st, 2016

Railways will loose its autonomy : Dipen Agrawal

Nagpur: Merging rail budget and general budget won't do any good, railways will lose its autonomy. Subsequent governments have not understood the strength of Indian Railways. It is very easy to dismantle something but very difficult to create something. I...

By Nagpur Today On Wednesday, September 21st, 2016

CA Ashwin Agrawal hails merger of Railway Budget with General Budget

Nagpur: Renowned Chartered Accountant Ashwin Agrawal welcomed the merger of Railway Budget with Union General Budget. “The 92-year-old practice of presenting a separate Railway Budget was used as railways was considered the greatest asset to the Colonial Government. However, the Indian...

By Nagpur Today On Tuesday, September 20th, 2016

Krishnapatnam Port offers most efficient EXIM route for Nagpur and Vidarbha 

Director of Krishnapatnam Port Container Terminal Vinita Venkatesh and CEO of Krishnapatnam Port Company Limited Anil Yendluri   Nagpur: Krishnapatnam the country’s largest all-weather; deep water port on the east-coast of India is all set to revolutionize the EXIM trade dynamics...

By Nagpur Today On Monday, September 19th, 2016

CAMIT strongly opposes State move to hike VAT

Nagpur: The Chamber of Associations of Maharashtra Industry and Trade (CAMIT) has strongly opposed the Maharashtra Government decision to increase in Value Added Tax (VAT) on various commodities. In an emergency meeting called the other day, CAMIT discussed the increase of...