Industry body CII on Tuesday urged the Government to extend the export incentive scheme MEIS till December 31 in its present form to help exporters. CII also suggested that the ambit of coverage under the Emergency Credit Line Guarantee Scheme (ECGLS) should be extended to the extent of any unutilised amount for revival of stressed sectors, including civil aviation, hospitality and tourism. These suggestions, among others, were made by the chamber during a meeting with Niti Aayog...

Prolong monsoon clubbed with hike in Import Duty has lifted the prices of pulses in the wholesale market. According to the sources, pulses prices are being quoted between Rs 500 and Rs 1,000 per tonne on higher side in all the varieties. At retail, the prices are costlier depending upon the locality. With the festive season at the doorstep and more emphasise on the protein diet due to the onset of COVID-19 pandemic, prices should be brought under control, sources felt...

Inaugurating the “e-portal - www.vialewudyojika.com” of the Lady Entrepreneurs’ Wing of Vidarbha Industries Association (VIA) recently, Union Minister of Textiles Smriti Irani said that every woman entrepreneur should take advantage of digital platforms like whatsapp, twitter and facebook for advertising their products. Inaugurating the portal she also stressed on the importance of guiding the entrepreneurs and said that the greatest challenge lies in teaching design and marketing skills. “This is ..

RATINGS agency ICRA on Monday said, domestic penetration of electric vehicles (EV) will remain low in the medium-term in segments like passenger vehicles and commercial vehicles due to high prices and lack of financial incentives from the Government...

THE entry of large corporates and consolidation have led to the expansion of the Indian property market with the value of real estate under construction jumping over two-fold to USD 243 billion in the last one decade, according to a report by FICCI and Anarock. The expansion of the property market was largely driven by the residential segm..

NAG Vidarbha Chamber of Commerce (NVCC), one of the apex body of traders in the region with 13 lakh membership has written to the Union Finance Ministry and Union Government of India for extension of dates for filing GST returns. Ashwin Mehadia, President said, “Traders have incurred huge loss in business during the lockdown...

IN THE crisis of COVID-19, many industries had to face very difficult situation. But still keeping the high values, morals and ethics many entrepreneurs in our city have been using their wealth to help others in their problem. While running their own industry, they have given other people in trouble, an opportunity to earn apart from extension of usual help like provision for food and other things. ..

There is a huge potential in the country to increase exports of man-made fibre garments and the industry needs to work with the government to push these shipments, the Apparel Export Promotion Council said on Friday...

G H Raisoni Institute of Engineering & Technology, Nagpur, an autonomous institute, organised a one-day national-level awareness workshop on “Outcome Based Education and Accreditation” for engineering colleges recently. The eminent experts who graced the workshop were Dr K K Agrawal, Chairman, NBA, New Delhi, Dr M P Poonia, Vice Chairman AICTE, New Delhi, Dr Anil Kumar Nassa, Member Secretary, NBA New Delhi, Dr Avichal Kapur, Joint Secretary, UGC New Delhi, and Dr Sanjay Agrawal, Professor, NITTTR ..

Bharati Web Pvt. Ltd. has come out with a safe, secure and simple video conferencing solution – SAMPARK, which is sure to put one ahead on the success curve. SAMPARK is a fully encrypted yet inexpensive, easy, and convenient video conferencing solution...

THE National Testing Agency has declared the results of Joint Entrance Examination (JEE Main 2020). The JEE Main 2020 has been conducted twice in CBT mode. The first session of JEE Main papers was held from January 6 to January 9, 2020 and the second session of JEE Main was conducted from September 1 to September 6. For those candidates who appeared in both January and April/September examinations, their better of two sc..

The egg prices in the city have shot up in the past 15 days due to burgeoning demand. The egg prices are being quoted at Rs 5.30 per piece as compared to 15 days ago at Rs 4 per piece in the Mahatma Phule wholesale market. In retail it is priced between Rs 6.50 and Rs 7 per piece, depending on the locality. This was disclosed by Moiz Burhani of Vidarbha Eggs while speaking to The Hitavada. He said that the awareness levels about the benefits of eating eggs has g..

R C PLASTO has launched foot operated hand washing system considering the COVID-19, which is currently spreading rapidly around the world. Hygiene and frequent hand washing are extremely important to prevent infection, as suggested by WHO...

The MSME Forum of Vidarbha Industries Association (VIA) will conduct a webinar on ‘Post COVID-19 Opportunities for the food processing sector in Vidarbha region’ September 16 from 11:00 am on zoom . Vijay Sardana will be the keynote speaker. He is well known and experienced senior professional, speaker, writer, author, blogger, independent panelist on TV debate, discussion moderator and business advisor with specialization on the subjects related to innovation management in Industries and Economic ..

VDPM Paranjape School, run by Bal Mandir Sanstha, Nagpur, has started admission process. The school is in operation since 1947. The method of teaching and learning the alphabet in the school is very different. Children learn with their eyes, ..

Every MSME unit needs to mandatorily apply for Udyam registration now on Udyam Registration portal of Ministry of MSME and get the Udyam registration certificate, said MSME expert CA Julfesh Shah while adressing a webinar on ‘MSME benefits & Udyam Registration.’ He further said that there will be no fee for filing Udyam registration and Aadhaar number of the unit owner/representative shall be required for Udyam Registration...

Spreading cheer and happiness, Rags Boutique recently celebrated this year’s anniversary virtual way. “We care about our clients who have become a family. So this year we are going online. Taking orders and making a home delivery on nominal charges,”said the owner of Rags Boutique Shailaja Prasad. “We are using social media tools like Facebook and Instagram for displaying our latest designer collection. We are also taking orders on Whatsup from our clients so the communication is easy...

The group is helping the CA fraternity, their family members, staff etc., in providing COVID-19 related all types of help Business Bureau : AS COVID-19 cases are increasing in Nagpur day by day people are facing huge problem in getting timely proper care. Getting a bed in hospital has become a Herculean task. And if the patient is in need of ICU, th..

PLEDGING of shares by promoters in the NSE-listed firms reached at 1.86 per cent of the total market capitalisation in August, making it the highest in three years, according to a report by primeinfobase.Com on Monday. Prior to that, it had hit a high of 1.88 per cent in April 2017...

Treatment for COVID-19 accounted for as much as 11 per cent of the total health insurance claims paid by insurance companies during the first five months of the current financial year, says a research conducted by Policybazaar.Com. The research further revealed that 89 per cent of health insurance claims during April 1, 2020 and August 31, 2020 were for other major illnesses, including cancer, heart problems, kidney and treatment. Policybazaa..

AGRO-CHEMICALS industry body CCFI said, the Pesticides Management Bill in its current form will hurt the interest of farmers as well as the domestic industry, and suggested the proposed law should be sent to a select Parliamentary panel before passage. In a virtual press conference, the Crop Care Federation of India (CCFI) listed out its 15 major worries regarding the Bill. Among major concerns, the Federation said, the Bill seeks to criminalise offences, restrict exports of products that are banned ..

THE Chamber of Small Industry Associations(COSIA), Vidarbha Chapter has organised a webinar on “Current Industrial Scenario & Incentives Offered by Government of Maharastra”,o n September12, between 4.pm and 6pm. Chairman of the Vidarbha Chapter of COSIA Mayank Shukla informed this through a press release. Subhash Desai, Industries and Mining Minister, Government of Maharashtra, has consented to deliver a keynote adress while leading industrialist Ajay Sancheti, former Rajya Sabha ..

  THE insurance sector regulator has allowed general and health insurers to issue policies in electronic form and this e-policy will become a norm in the future, a senior Irdai official said on Friday. Speaking at an industry event, T L Alamelu, Member (Non-Life) Insurance Regulatory Development Authority of India (Irdai), however, said a lot more needs to be done in the insurance sector for both policyholders and other stakeholders. “As far as regulator is concerned, there is still ..

THE partial opening of the aviation sector has helped travel agents see a jump in air ticket bookings. The travel agents are witnessing a rise of 20 per cent in air ticket bookings during the month of September as compared to August. The average passenger occupancy per flight has also improved to 60 per cent to 80 per cent as compared to earlier 40 per cent to 50 per cent, sources said on the condition of anonymity while speaking to The Hitavada. The surge in air ticket bookings can be attributed ..

INVESTMENT in mutual funds through systematic investment plans (SIPs) dropped for the fifth consecutive month to Rs 7,791 crore in August, amid challenging economic environment due to the COVID-19 pandemic. Besides, equity mutual funds, which mainly depend on SIP for flows, saw a withdrawal of Rs 4,000 crore in August, much higher than Rs 2,480 crore witnessed in the previous month, data from the Association of Mutual Funds in India (Amfi) showed...

The Reserve Bank of India (RBI) is in the process of constructing a digital payment index to assess the extent of digitisation in the country and innovation in existing modes and channels to bridge digital divide, a senior official of the apex bank said. Observing that digital payments in India have been growing rapidly, RBI Executive Director T Rabi Sankar said there is still a lot of catching up to do as per-capita penetration is still quite low...

MINISTRY of Corporate Affairs (MCA) along with Investor Education and Protection Fund Authority (IEPFA) on its 5th year of operation and The Institute of Company Secretaries of India (ICAI) as a partner institute of IEPFA, organised a national webinar on ‘Need for more Robust Regulation for Investor Education and Protection’...

AMERICAN Oncology Institute (AOI) at Nangia Specialty Hospital has launched a new ‘Breast Cancer Clinic’ to provide quality care with an affordable treatment plan. This service helps and support patients with any breast-related queries and ensures awareness of comprehensive breast cancer screening. “Breast cancer is the most common cancer in women worldwide...

KHADI Gram Udyog Aayog, under the Ministry of Micro Small and Medium Enterprise, having regional office in Vidarbha, situated at Somalwar Bhawan, Mount Road, Sadar, organised webinar to give details about the ‘Scheme of Fund for Regeneration of Traditional Industries’ (SFURTI)...

WHILE doctors, policemen and others are playing a stellar role in combating the COVID-19 disease and are truly worthy of all respect and applause, there is one organisation that finds little mention in the list of the warriors and is yet readily playing a significant role in the on-going war against corona, and that is, the Petroleum and Explosives Safety Organisation (PESO). The organisation is entrusted with the task of ensuring the supply of medical Oxygen to literally every patient – no matter ..

G H RAISONI Institute of Engineering and Technology, Nagpur will conduct a one-day national-level awareness workshop on “Outcome Based Education and Accreditation” for engineering colleges on September 11 at 10:00 am. It will be conducted in online mode where e-certificate will be provided to the participants. Dr K K Aggarwal, Chairman, NBA, New Delhi, Dr M P Poonia, Vice Chairman, AICTE, New Delhi, Dr Anil Kumar Nassa, Member ..

Air passenger traffic in the country logged a 26 per cent month-on-month growth at 26 lakh passengers in August with airlines scaling up capacity by 27 per cent over July, rating agency Icra said on Monday. Passenger traffic on year-on-year basis, however, plunged by 77 per cent in August, Icra said. Overall, passenger traffic grew by 19 per cent till August 31, with carriers flying over 70 lakh passengers during the period, after the resumption of services in a graded manner on domestic routes from ..

THE glittering yellow metal -- gold-- which had crossed the Rs 50,000 per 10 gram level a few months ago is now witnessing lower demand by consumers. On Monday the rate of 24 carat gold was being quoted at Rs 51,400 per 10 grams. This was disclosed by Kishore Dharashivkar, President of Nagpur Sarafa Association while speaking to The Hitavada. He said, “As the gold prices increased people avoided buying gold. This has severely affected the demand of gold in the city...

TO serve customers in a better way, HMIL has again come up with special camp for teachers at Bigwig Hyundai on September 5, to show gratitude towards selfless spirit to teachers. By showing valid ID cards the offers of this activity can be availed...

SMALL Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of micro, small and medium enterprises (MSME), has entered a memorandum of understanding (MoU) with the Government of Maharashtra to develop the MSME ecosystem in the State. The MoU was signed by Dr Harshadeep Kamble, Secretary of Small & Medium Industries and Development Commissioner (Industries), Government of Maharashtra and V Satya Venkata Rao, Deputy Managing ..