Getting a Handle on Contango and Backwardation in the Oil Futures Market

In the oil futures market, "contango" and "backwardation" are important terms that significantly impact market dynamics and influence investment decisions. Contango occurs when future oil prices are higher than the current spot price, indicating expected increased demand or limited supply...

by Nagpur Today | Published 1 year ago
Impact on .IN Domains if India is Renamed Bharat: What You Need to Know
By Nagpur Today On Tuesday, September 5th, 2023

Impact on .IN Domains if India is Renamed Bharat: What You Need to Know

As anticipation mounts in India regarding the possibility of the nation being officially referred to as "Bharat," intriguing developments have sparked conversations across the country. The catalyst for this discussion emerged with the circulation of invitations for an upcoming G20...

RBI says 93% of Rs 2000 notes returned to banks
By Nagpur Today On Friday, September 1st, 2023

RBI says 93% of Rs 2000 notes returned to banks

The Reserve Bank on Friday said that as much as 93 per cent of Rs 2000 currency notes that were in circulation on May 19 -- the day when the currency was withdrawn from circulation -- have been returned to...

Booking of Stalls for VIALEW 26th “Udyojika – An All Eves Exhibition”
By Nagpur Today On Friday, September 1st, 2023

Booking of Stalls for VIALEW 26th “Udyojika – An All Eves Exhibition”

Vidarbha Industries Association Lady Entrepreneurs’ Wing (VIALEW) & Barrister Sheshrao Wankhede Trust will be organizing the 26th “UDYOJIKA - AN ALL-EVES EXHIBITION” from 30th Sept to 3rd Oct 2023 at Kusumtai Wankhede Hall, Nagpur. The initiative of VIALEW...

Badjate Stock & Shares Pvt. Ltd. leads the July 2023 PMS Rankings in India
By Nagpur Today On Thursday, August 31st, 2023

Badjate Stock & Shares Pvt. Ltd. leads the July 2023 PMS Rankings in India

The Badjate Multicap Fund – Aggressive of Badjate Stock & Shares Pvt.Ltd., boasted an impressive return of 16.24% for the month. This investment option strategically targets high beta stocks within the small and midcap segments, resulting in high returns. The...

Rajesh Sarda elected as President of Steel & Hardware Chamber of Vidarbha
By Nagpur Today On Monday, August 28th, 2023

Rajesh Sarda elected as President of Steel & Hardware Chamber of Vidarbha

Nagpur: At the Annual General Meeting of the Steel & Hardware Chamber of Vidarbha, Rajesh R Sarda of Ramsons Group has been elected as President of the Chamber for the term of 2 years from 2023-24 to 2024-25. He is...

CREDAI Nagpur Metro Presents the Grand 13th Property Expo
By Nagpur Today On Saturday, August 26th, 2023

CREDAI Nagpur Metro Presents the Grand 13th Property Expo

In a significant stride towards enriching the real estate landscape, CREDAI Nagpur Metro proudly presents the eagerly awaited 13th edition of the esteemed Property Expo. Mark your calendars for the dates of October 13th to 16th, 2023, as this extraordinary...

VTA submits memorandum on pending projects to NMC Commissioner
By Nagpur Today On Monday, August 21st, 2023

VTA submits memorandum on pending projects to NMC Commissioner

Nagpur: A delegation of Vidarbha Taxpayers Association (VTA) led by its president Shrawan Kumar Malu welcomed newly appointed Municipal Commissioner Dr. Abhijeet Chaudhari, IAS and held discussion on pending projects of Nagpur city; VTA also submitted a memorandum...

Monsoon Sale Temptations: Unveiling the Strategies You Should Beware Of
By Nagpur Today On Sunday, August 13th, 2023

Monsoon Sale Temptations: Unveiling the Strategies You Should Beware Of

Nagpur: As the monsoon sale season kicks off, the allure of flashing banners proclaiming unbelievable discounts—60% off, flat 30% reductions, and tantalizing buy-one-get-one-free deals—has engulfed showrooms ranging from fast-moving consumer goods, textile emporiums, supermarkets, and high-end product boutiques to mobile...

NRHA requests CMD, MSEDCL for implementation of industrial tariff for the certified Hotels
By Nagpur Today On Thursday, August 10th, 2023

NRHA requests CMD, MSEDCL for implementation of industrial tariff for the certified Hotels

Tejinder Singh Renu – President of Nagpur Residential Hotels Association (NRHA) and Jasbir Singh (Micky) Arora – key hotelier and member of NRHA met Lokesh Chandra, IAS – Chairman & Managing Director (CMD) of Maharashtra State Electricity Distribution Company Limited...

Ban gaye, not banega, says FM on India’s growth
By Nagpur Today On Thursday, August 10th, 2023

Ban gaye, not banega, says FM on India’s growth

No Confidence Motion discussion: Union FM Nirmala Sitharaman says, "Words like 'banega, milega' are not in use anymore. What are the people using these days? 'Ban gaye, mil gaye, aa gaye'. During UPA, people said 'Bijli aayegi', now people...

RBI keeps repo rate unchanged at 6.5%
By Nagpur Today On Thursday, August 10th, 2023

RBI keeps repo rate unchanged at 6.5%

RBI Monetary Policy Committee decides to keep repo rate unchanged at 6.5 pc, says RBI Governor Shaktikanta Das. Unchanged repo rates indicate the loan interest rates too are likely to remain unchanged. RBI projects Q2 retail inflation at 6.2 pc; Q3...

Innovation in Commerce, Innovation in Success.: Dr Dipen Agrawal
By Nagpur Today On Thursday, August 10th, 2023

Innovation in Commerce, Innovation in Success.: Dr Dipen Agrawal

Nagpur: A delegation of Chamber of Associations of Maharashtra Industry & Trade (CMAIT) led by Dr Dipen Agrawal (President) called upon Shri Vijay Wadetiwar, Leader of Opposition (LOP), Maharashtra Legislative Assembly and felicitated him with Shawl, CAMIT Dupatta and Flower...

“VIA’s Dialogue with Lokesh Chandra, CMD – MSEDCL, on Industries’ Struggles and Issue Resolution”
By Nagpur Today On Wednesday, August 9th, 2023

“VIA’s Dialogue with Lokesh Chandra, CMD – MSEDCL, on Industries’ Struggles and Issue Resolution”

VIA delegation led by Vishal Agrawal, President, Pravin Tapadia, Past President and Ashish Doshi, Hon. Secretary interacted with Lokesh Chandra, Chairman & Managing Director of Maharashtra State Electricity Distribution Co Ltd (MSEDCL), Mumbai on 9th August 2023 at Conference Hall,...

Tanishq presents ‘The Autumn Edit’
By Nagpur Today On Monday, August 7th, 2023

Tanishq presents ‘The Autumn Edit’

Nagpur: India’s largest jewellery retail brand from the house of Tata, Tanishq, presents a grand showcase of the most extensive assortment of Diamond Jewellery ever. Their exquisite range showcases a luminous world of diamonds, celebrating the diverse styles adorned by women....

RBI may continue to hold rate amid concern over inflation: Experts
By Nagpur Today On Sunday, August 6th, 2023

RBI may continue to hold rate amid concern over inflation: Experts

The Reserve Bank is likely to continue with the pause on the key interest rate at its upcoming monetary policy review, as concerns on the inflation front and keeping the borrowing cost stable to maintain the economic growth momentum persist,...

Vehicle owners stage demonstration against ‘Entry Fees’ at Kalamna Market Yard
By Nagpur Today On Thursday, August 3rd, 2023

Vehicle owners stage demonstration against ‘Entry Fees’ at Kalamna Market Yard

Nagpur: Hundreds of vehicle owners staged demonstrations against the entry fees for entering the Agriculture Produce Market Committee (APMC) at Nagpur's Kalamna Market Yard on Thursday. It is pertinent to mention that APMC at Nagpur's Kalamna Market Yard has sparked discontent...

Income Tax Return Due Date AY 2023-24 – Last Date Extension Denied
By Nagpur Today On Tuesday, August 1st, 2023

Income Tax Return Due Date AY 2023-24 – Last Date Extension Denied

Income tax Return filing on http://www.incometax.gov.in, ITR Due Date AY 2023-24 Latest News Updates on July 31 deadline: Today is the due date of ITR filing for taxpayers whose accounts don’t need to be audited. If you haven’t filed your...

Chhattisgarh Coal Block Scam: Ex-MP, son sentenced to four year jail term
By Nagpur Today On Wednesday, July 26th, 2023

Chhattisgarh Coal Block Scam: Ex-MP, son sentenced to four year jail term

A Delhi court on Wednesday awarded a four-year jail term to ex-Rajya Sabha MP Vijay Darda, his son Devender Darda, and businessman Manoj Kumar Jayaswal in a case related to irregularities in the allocation of a coal block in Chhattisgarh. All...

Avail Maximum Benefits of Agro-based Schemes:CA Julfesh Shah
By Nagpur Today On Monday, July 24th, 2023

Avail Maximum Benefits of Agro-based Schemes:CA Julfesh Shah

There are number of schemes which are beneficial for the agriculturist & agro based projects under the agies of Ministry of Agriculture,Govt of India which extends various grants & subsidy to the eligible projects.Enterpreneurs/Agriculturist who are in this agro sector...

Nagpur’s Jayaswal Neco Industries in talks for debt refinancing: Report
By Nagpur Today On Friday, July 21st, 2023

Nagpur’s Jayaswal Neco Industries in talks for debt refinancing: Report

Mumbai/Nagpur: In a notable development, Nagpur-based steelmaker Jayaswal Neco Industries' management is engaged in discussions with special situations and private credit funds, notably including Kotak Special Situations Fund and Edelweiss Special Situations Funds. The primary objective of these talks is...