VIA Members’ visit to Mahindra & Mahindra MIDC Unit
Vidarbha Industries Association led by President, Vishal Agrawal, recently visited the state-of–the-art Tractor manufacturing unit of Mahindra & Mahindra at MIDC Hingna. The 16 member VIA team was extended a warm welcome by Narendra Satphale, DGM, Abhijit Kalambe, HR Head,...
PSBs Must Plan Timely Capital Raise
Public sector banks (PSBs) need to prepare a road map for appropriate and timely capital raising, work on efficient allocation of resources, and strive to bring down intermediation costs, said M Nagaraju, secretary, Department of Financial Services. Each bank has...
Tax awareness program “Making March Meaningful”
VIA Taxation & Corporate Law Forum organized the 16th edition of Tax awareness program on “Making March Meaningful” for creating awareness for better tax compliances. Expert speakers, CA Naresh Jakhotia for Income Tax, CA Sachin Jajodia for GST. CA...
Nagpur’s Budget Blues: Big Promises, Zero Execution
Key Concerns Raised in the Budget:
- MIHAN Neglected Again – No mention, no funds
- Metro and Airport – Token mentions, no concrete plans
- Vidarbha’s Strengths Overlooked – No focus on tourism or minerals
- Logistics Policy and Zone – Still just...
Booster for Industrial & Tourism Development- CA Julfesh Shah
Rs 6,400 crore package has been proposed for industrial development & investment of one lakh crore is planned over the next 10 years in the tourism sector will boost both the sectors and will create healthy ecosystem for the industrial...
Maharashtra Budget 2025: A Pro-Development Roadmap with Challenges for Industry
The first budget of the Devendra Fadnavis 3.0 government, presented by Finance Minister Ajit Pawar, lays out an ambitious roadmap for Maharashtra’s growth. While the budget encompasses various sectors, it presents a mixed bag of opportunities and challenges for the...
Patanjali Food Park Inaugurated in Nagpur, Promises Big Gains for Farmers
Nagpur: The much-anticipated Patanjali Food & Herbal Park, considered crucial for Nagpur and the Vidarbha region, was officially inaugurated on Sunday. The grand opening ceremony took place in the presence of Maharashtra Chief Minister Devendra Fadnavis, Union Minister Nitin Gadkari,...
Is Maharashtra’s economy growing? Numbers are…
Maharashtra's economy is expected to grow at 7.3 per cent as per the advance estimates of 2024-25, according to the government's pre-Budget Economic Survey tabled in the assembly on Friday. The report was tabled by Deputy Chief Minister Ajit Pawar who...
India Stock Market Analysis: Recent Crash, Causes, and Future Outlook
The Indian stock market has witnessed significant turbulence over the past six months, with major indices experiencing sharp declines. After hitting an all-time high of 85,978.25 in September 2024, the BSE Sensex has dropped by approximately 16% as of early...
Extend the scope of GST Amnesty scheme: NVCC
NVCC an apex trade body informed that the GST Council in its 53rd meeting has provided for GST Amnesty scheme for waiver of interest and penalty for the initial years of GST Implementation i.e. FY 2017-18, 2018-19 & 2019-20. A...
Market mayhem: Sensex down over 800 points!
Benchmark indices Sensex and Nifty tanked in early trade on Friday mirroring deep cuts in global markets after the latest announcement of additional 10 per cent tariff on Chinese products rattled investors. The 30-share BSE benchmark Sensex tanked 871 points to...
Big deal: Adani set to acquire Reliance’s Vidarbha Power plant near Nagpur
Nagpur: In a major development, Adani Power on Monday received approval from the Committee of Creditors for acquiring the 600 MW Vidarbha Industries Power Ltd (VIPL) plant at MIDC Industrial Area, Butibori, Nagpur. Vidarbha Industries Power Ltd, a subsidiary of Reliance...
Markets rebound in early trade after 5-day slump
Equity benchmark indices Sensex and Nifty rebounded in early trade on Tuesday amid value buying at lower levels after falling sharply in the last five trading sessions. The 30-share BSE benchmark Sensex climbed 117.57 points to 74,571.98 in early trade....
Credit Card Spending Rises To Rs 1.84 Trn
Credit card spends grew by 10.8 per cent year-on-year (Y-o-Y) to Rs 1.84 trillion in January 2025, even as there was a marginal drop sequentially, latest data released by the RBI showed. Credit card spend of the leading card issuer HDFC...
Patanjali Mega Food and Herbal Park to be Inaugurated on March 9
Nagpur: The highly anticipated Patanjali Mega Food and Herbal Park, located in the MIHAN area of Butibori, is set to commence operations on March 9. The grand inauguration will be led by Union Minister for Road Transport and Highways, Nitin...
CAMIT Welcomes Maharashtra Government’s Decision to Shut Down LBT Departments Across Municipal Corporations
Nagpur: The Chamber of Associations of Maharashtra Industry & Trade (CAMIT) has lauded the Maharashtra government’s decision dated February 24, 2025, bearing number 0225/Ltr.No.26/UD-32, directing the closure of Local Body Tax (LBT) departments in all Municipal Corporations across the state....
Sensex falls over 700 points in early trade
Sensex tanks 736 points to 74,574 in early trade; Nifty drops 227 points to...
RBI To Conduct $10 Bn Buy/Sell Swap
The RBI on Friday announced a $10 billion buy/sell swap for a tenure of three years. The auction will be conducted on February 28. "In order to meet the durable liquidity needs of the system, the Reserve Bank has decided to...
Markets tumble in early trade amid foreign fund outflows
Benchmark indices Sensex and Nifty declined in early trade on Monday as persistent foreign fund outflows from the Indian equity markets and slowdown in corporate earnings continued to hurt investors' sentiment. The 30-share BSE benchmark Sensex dropped 297.8 points to...
Markets fall after initial rise
Indian benchmark indices fell after an initial high amid mixed global cues. The Sensex fell 348 points, at 75,790, while the Nifty 50 fell 129 points at 10:50 am. This comes after a weak close on Thursday, marking the seventh...
Markets rebound in early trade after 6-day slump
Equity benchmark indices Sensex and Nifty rebounded in early trade on Thursday following a better-than-expected decline in CPI inflation in January and value-buying at lower levels. The 30-share BSE benchmark Sensex climbed 214.08 points to 76,385.16 in early trade. The...
