Business

Exports from Vid dips 30-40%: Exporters seek relief measures

Business Reporter : AS THE Middle East crisis has disrupted EXIM trade, Vidarbha's export industry is facing a significant downturn in business. The impact has been particularly severe, with exports of key commodities such as rice, pulses..

TJSB Sahakari Bank achieves business mix Rs 25,000 crore

TJSB Sahakari Bank Ltd., India’s 4th largest cooperative bank,has achieved a Rs 25,000 crore business mix milestone, marking a significantstepin its growth journey and reinforcing its financial strength. Established in 1972, the bank today operates through a network of 165 branches across seven states, catering to retail, MSME,and corporate customers. This milestone underscores the bank’s consistent performance and disciplined financial approach...

RBI extends export credit relieftill June 30 amid West Asia crisis

The RBI said it has been receiving representations from various stakeholders regarding difficulties in adhering to timelines for realisation export proceeds due to geopolitical uncertainties THE Reserve Bank of India on Tuesday extended the en..

VIA felicitates women leaders in agriculture

The Vidarbha Industries Association (VIA), through its Entrepreneurship Forum and Agro & Rural Development & Food Processing Forum, successfully organized a joint felicitation programme titled “Krishi Shakti Samman – Celebrating Women Leaders in Agriculture” recently at MIDC Udyam Sabhagruh, Udyog Bhawan, Nagpur. On this occasion, five distinguished women entrepreneurs were felicitated. Under the Women Entrepreneurship in Agriculture Sector, Sangita Timande of Animal Feed & Poultry, Butibori, Ashwini ..

Vidya Sadan teaches English language skills

It is always pleasant to listen to a person who speaks elegant English without an iota of erroneous grammar or mispronunciation. This is the kind of English Vidya Sadan (Opposite Ram Mandi, Near Mayo Hospital Chowk, Nagpur) tries to instil among aspiring students who come to the institution with a thirst for developing their English language skills. Vidya Sadan follows the internationally known LISP method. LISP stands for Listen, Imitate, Speak and Practice. This is the natural way a child learns ..

Wardhaman Bank launches mobile app on iPhone

Business Reporter : Wardhaman Bank, one of the leading urban co-operative banks of the region, launched its, mobile app recently at the hands of noted industrialist and social worker Padmashri Satyanarayan Nuwal. On this occasion former Member..

Arihant Hospital successfully performs first corneal transplant

Business Reporter : In a significant medical milestone for the region, Arihant Multispeciality Hospital has successfully performed its first corneal transplant at Arihant Netralaya, marking the beginning of organ and tissue transplantation se..

CREDAI Nagpur organises session with City Survey Deptt

An interactive session with the City Survey Department was organized by CREDAI Nagpur Metro on Saturday with the objective of apprising members about the latest updates and initiatives undertaken to enhance ease of doing business. The session proved to be highly informative and beneficial, enabling members to gain a better understanding of the department’s ongoing efforts towards facilitating a more efficient and business-friendly environment...

Ferroart Interiors comes out with ‘Experience Before You Build’ concept

Business Reporter : FOR homeowners planning or currently constructing their bungalow, Ferroart Interiors Pvt. Ltd. is redefining the design journey with a unique ‘Experience Before You Build’ concept, allowing them to experience the..

NLH announces Summer Skill Fest 2026

New Learning Horizons (NLH), a Nagpur-based ISO 9001:2015 certified skill-development institute, announced its Summer Skill Fest 2026 for 2 to 18 years old children. The camp will run from Monday to Saturday, between 8 am and 8 pm, with multiple convenient batches at the NLH centre in Anjuman Shopping Complex, Sadar. The Summer Skill Fest offers 15+ structured programmes building essential skills such as Mental Math and Concentration, Logical Thinking and Problem-Solving, Communication and Confidence, ..

Spacewood unveils stylish range of sofas and recliners

Spacewood Furnishers Pvt. Ltd., one of India’s leading premium modular furniture manufacturers, has announced the launch of its latest Living Room Furniture Collection, featuring an elegant range of contemporary sofas, recliners, and coordinated living room solutions designed for modern Indian homes. The newly introduced collection reflects Spacewood’s focus on comfort, refined aesthetics, and intelligent design...

Laptop, desktop prices to rise 7-10 per cent in April

Citizens planning to buy a laptop or desktop in the coming days, may get a big surprise as its prices are set to increase in April. The prices that have already escalated by 30-40 per cent in the past few months, are likely to see further rise of 7-10 per cent in the new fiscal. The prices are expected to see a hike due to critical shortage of random-access memory (RAM) and memory chips in the domestic and international markets. Dinesh Naidu, President, Vidarbha Computer & Media Dealers Welfare Association ..

A confident team performs well and achieves victory: Cricketer Faiz Fazal

“For a leader, his team is always first. When the team is confident and performs well, it leads to victory. The same principle applies to business. When the team is strong, the organisation grows,” said cricketer Faiz Fazal during an engaging session titled “Leadership Talk: In Conversation with Cricketer Faiz Fazal”, organised by the Vidarbha Management Association (VMA) at Chitnavis Centre on Sunday. Sharing insights from his cricketing journey, Fazal emphasized the importance of preparation over ..

Nagpur Book Club to hold free book distribution drive

Nagpur Book Club : NBC has announced a special book distribution drive from April 1 to 10 in view of the new academic session beginning soon, so that students may equip themselves with the books they need in time. The books will be..

‘Cyber threats moving from data theft to physical life risks’

WITH cyber attacks increasingly targeting critical infrastructure such as healthcare and power grids, the global threat landscape has moved beyond mere data theft to pose direct risks to human lives, a senior cybersecurity expert h..

Hyundai introduces ‘Super Delight March’ campaign

Business Reporter : HYUNDAI Motor India Limited has introduced its ‘Super Delight March’ campaign for customers, offering attractive deals across its popular range of vehicles. Under this limited period campaign, custome..

JCI Alumni Club Zone–9 to hold 5th Installation Ceremony today

Business Reporter : THE 5th Installation Ceremony of JCI Alumni Club, Zone–9 will be held on March 29 at Hotel Pride, Wardha Road at 6 pm in a grand and dignified manner. This prestigious event marks the beginning of a new le..

Rangoli Sarees launcheslatest wedding collection

Business Reporter : THE wedding season is about to commence, and every wedding house is busy with wedding shopping. Nagpur’s famous establishment ‘Rangoli Sarees’ is the first choice of every family member for purc..

Arun Automobiles, Triumph Nagpur announces Final Edition of iconic 400cc motorcycles Speed 400, Speed T4 & Scrambler 400X available in limited numbers

Business Reporter : Arun Automobiles, Triumph Nagpur, authorised dealer for Triumph Motorcycles at MIDC Hingna Wadi Road, Nagpur, on Saturday announced that the iconic 400cc motorcycle lineup — comprising the Speed 400, Speed..

VIA expresses disappointment over MERC tariff order n Urges large consumers to adopt captive green power to survive exorbitant costs

Business Reporter : The Vidarbha Industries Association (VIA) has expressed profound disappointment and shock over the recent order passed by the Maharashtra Electricity Regulatory Commission (MERC) on power tariff. Prashant Mohota,..

Reserve Bank mandates Legal Entity Identifier, Unique Transaction Identifier for financial market transactions

Business Reporter :THE Reserve Bank of India (RBI) on Friday mandated the use of Legal Entity Identifier (LEI) and Unique Transaction Identifier (UTI) for transactions in financial markets. These identifiers are key global standards for promot..

Mega seminar on ‘Commerce – The Way Ahead’ by VPA on 29th

Business Reporter : VPA, one of the pioneer educational institutions for XI, XII, CA & CS - ‘Classroom Coaching’ is organising a mega seminar, for Std X appeared students and their parents on Sunday, March 29 from 10..

Nangia Suzuki delivers first recently launched e-Access

Business Reporter : Suzuki Motorcycles recently launched e-Access Scooter in the market. Looking at the growing demand of E vehicles, E-Access is getting very good response in Nagpur. the first e-Access was delivered to the custome..

The Royal Gondwana College conducts ‘Pharma Anveshan’

Business Reporter : THE Royal Gondwana College of Pharmacy, Nagpur conducted the ‘Pharma Anveshan 2026’, a one-day seminar on the occasion of National Pharmacy Education Day, to mark the birth anniversary of Dr Mahadeva..

Rare spine operation at NHRCC Hospital helps pregnant lady walk again

Business Reporter : DR VIVEK Agrawal and his team at NHRCC Hospital successfully restored mobility in a 28-year-old woman who was five months pregnant and had suddenly lost the ability to walk—while ensuring the safety of her..

New Renault Duster launched; Turbo Petrol price starts at Rs 10.49 lakh

Business Reporter : Renault India, the wholly owned subsidiary of French carmaker – Renault Group, on Friday announced the launch of the all-new Renault Duster, with Turbo Petrol prices starting at Rs 10.49 lakh (ex-showroom D..

‘UPI emerges as dominant payment method among lenders, drives 92 pc of transactions’

UPI has emerged as the dominant payment method among lenders, driving 91.89 per cent of transactions on the platform, far ahead of net banking, IMPS, and debit cards, a report said. Female lenders deployed an average of Rs 2.5 lakh, more than four times higher than the average amount lent by men, according to the P2P Lending Trends Report 2025 released by LenDenClub, an RBI-registered peer-to-peer (P2P) lending platform. The report, which analysed investment activity across more than one lakh lenders ..

Jute Fair Nagpur inaugurated, getting overwhelming response

With the aim to promote jute products, the National Jute Board (NJB) is organising Jute Fair Nagpur from March 26 to 30 at Institution of Engineers (India), Local Centre, North Ambazari Road. The exhibition was inaugurated by Dr Manali Makrand Kshirsagar, Vice Chancellor, Rashtrasant Tukadoji Maharaj Nagpur University on Thursday. On the occasion, D. Mukherjee, Deputy Director, National Jute Board said, “Around 20 micro jute entrepreneurs, SHG, NGO, MSME jute units from different parts of the country, ..

Plywood, laminate prices shoot up as Gulf war cripples supply chains

The military conflict between the United States and Iran has severely affected global supply chains due to which various industries across the country are suffering. While the manufacturers are struggling because of a short supply of raw material, dealers and end users are bearing the brunt of soaring prices. Plywood and laminate industry is one such sector that is facing a severe ‘supply crunch’ of raw material. Its prices have also gone up significantly since the West Asia conflict began. The market ..

Vir S Advani elected new CII Western Region Chairman

THE Confederation of Indian Industry (CII) Western Region has elected Vir S Advani, Chairman and Managing Director of Blue Star Ltd, as Chairman for 2026–27, and Milon Nag, Chairman and Managing Director of K K Nag Pvt Ltd, as Deputy Chairman. The leadership was announced at the first CII Western Region Council meting held in Mumbai on Thursday. The meeting was attended by captains of Indian industry who are members of the elected council of the CII Western Region...

VIT surpasses 10,000 placement offers for 2026 batch

VIT continues to redefine excellence in higher education, marking a monumental milestone by crossing 10,000 placement offers for the 2026 batch. This achievement, remarkably for the fourth time, solidifies its reputation as a powerhouse for campus recruitment. The latest placement statistics reflect a robust ecosystem where academic rigor meets industry demand. With 10,071 offers already secured from 701 companies, the recruitment drive shows no signs of slowing down. A standout highlight of this ..

New courses to be introduced in Fire Engineering: Dr A R Sontakke

DR A R Sontakke, Director of the National Fire Service College (NFSC), said the institute plans to introduce new academic programmes including M.Tech in Fire Engineering, MBA in Disaster Management and Fire Safety Management, Ph.D programmes, and diploma courses in Industrial Safety. The annual ‘Agni–2026’ fest was inaugurated with great enthusiasm at NFSC, Nagpur, in the presence of international delegates, dignitaries, faculty members, and a large number of students...

VED Council, Maha Metro hold session on urban mobility

Business Reporter : THE Vidarbha Economic Development (VED) Council, in collaboration with Maha Metro, organised the ‘VED Metro Connect,’ an impactful interactive session held, recently at Narayani Memorial Hall. Speaking at the se..

SEBI allows cost accountants to conduct annual audit of research analysts, investment advisers

MARKETS regulator SEBI on Wednesday allowed members of the Institute of Cost Accountants of India to conduct the annual audit of research analysts and investment advisers, a move that will widen the pool of eligible professionals. Earlier, only members of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India were permitted to carry out such audits. “Given the representation from the Institute of Cost Accountants of India and considering the recognition of ..

Media & entertainment sector can grow to Rs 3.3 lakh crore: Report

INDIA’S media and entertainment sector is estimated to grow at a compounded annual rate of 7 per cent annually to be a Rs 3.3 lakh crore market by 2028, a report said on Tuesday. The industry grew 9 per cent year-on-year to touch Rs 2.78 lakh crore in size by the end of 2025, according to the Ficci-EY M&E report. Digital media emerged as the single largest segment of the media and entertainment industry in 2025, crossing the Rs 1 lakh crore mark, it said, adding that digital advertising alone contributed ..

‘Exports grow at estimated 20 pc CAGR between FY24-26 due to RoDTEP scheme’

THE country’s exports supported under the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme are estimated to have grown at over 20 per cent CAGR between 2023-24 and 2025-26, despite global headwinds such as weak demand, freight volatility, rising protectionism and geopolitical uncertainties, an official said on Tuesday. At the same time, RoDTEP has broadened inclusion within the export ecosystem, the official said. Support to the MSME Sector has increased from around 68 per cent in ..

SUTRAA Exhibition inaugurated, getting overwhelming response

SUTRAA – The Indian Fashion & Lifestyle Exhibition is getting an enthusiastic response from fashion connoisseurs and shoppers, with visitors exploring an exclusive line-up of designers. The expo is underway with the much-appreciated Spring Summer Edit, which showcases a premium blend of designer fashion, statement jewellery and curated lifestyle collections...

AI becoming integral to how networks are designed, experienced: TRAI chief

ARTIFICIAL Intelligence is no longer peripheral to telecom, and is becoming integral to how networks are designed, managed, and experienced, Anil Kumar Lahoti, Chairman, Telecom Regulatory Authority of India (TRAI) said on Monday. AI is already enabling self-optimising networks, predictive maintenance, intelligent spectrum management, enhanced cybersecurity, improved energy efficiency, and better customer experience, he noted. “India is undergoing one of the fastest digital transformations in the ..

SEBI eases broker reporting rules, relaxes compliance requirements

CAPITAL markets regulator SEBI on Monday eased certain reporting requirements by doing away with mandatory reporting of demat accounts and relaxing norms for bank account disclosures. The changes are aimed at enhancing regulatory efficiency, as well as to promote ease of doing business for brokers, by harmonising and relaxing the reporting obligations. Under the revised framework, stock brokers that are also banks or primary dealers will be required to report only those bank accounts to the stock ..

Gold plunges to a low of Rs 1,41,000/10 gms; silver crashes to Rs 220,000/kg

The US-Iran conflict in West Asia has not only affected the stock markets, but also the precious metals, specially gold and silver. The gold and silver prices, after reaching their lifetime highs on January 29, crashed by 22 per cent and 46%, respectively. City-based jewellers said that, the gold price, after reaching an all-time high of Rs 1,86,850 per 10 grams on January 29, had plunged to Rs 1,41,934 per 10 grams (Including GST) on Monday. It crashed by Rs 44,913 per 10 grams or 22 per cent from ..

Citi Gymkhana lift Masters Cup

CITI Gymkhana Cricket Club lifted the Masters Cup by defeating SB City Strikers by seven wickets at Citi Gymkhana Ground on Sunday. After winning the toss, Citi Gymkhana opted to field first. SB City Strikers made 125 for 7 in stipulated 100 balls. The innings saw useful contributions from multiple batsmen — Vikram Batra played a quickfire knock of 28 runs off 14 balls, showcasing aggressive stroke play. Kranti Pawar added 23 runs while Punit Kohli chipped in with 20 runs at the top. Late contributions ..

‘Gold, silver may see mild recovery next week’

PRECIOUS metal prices are likely to consolidate with a mild recovery bias next week after a sharp correction, though the upside may remain capped amid elevated interest rates and a firm US dollar, analysts said. Investors will track key macroeconomic data, including provisional manufacturing and services PMI readings from the US, UK and Japan, along with consumer sentiment and jobless claims for direction. “In the week ahead, gold price may see some consolidation and slight recovery before prices ..

AC makers cautious as unusual rain may cloud early summer demand

AIR-CONDITIONER manufacturers are treading cautiously after unusual rainfall triggered by western disturbances swept large parts of the country that could potentially disrupt early summer demand, which typically drives sales. The industry is also jittery over the recently announced price hikes amid the ongoing geopolitical tension in West Asia that led to an increase in prices of raw materials, such as plastics, while limited availability of LPG gas, impacting production. Because of plastic, prices ..

VIA welcomes clearing of regulatory bottlenecks in New State RE Policy

THE Vidarbha Industries Association (VIA) has welcomed the notification of Maharashtra Renewable Energy and Energy Storage Policy 2025-26 to 2035-36. Expressing satisfaction, Prashant Mohota, President, VIA appreciated several features in the new policy like the eligibility for Green Open Access at the 100 kW threshold was technically approved in earlier regulations, but its implementation has been severely hampered by persistent regulatory and procedural hurdles...

General insurance employees demand Govt to form Unified Public Sector General Insurance Co

CONSIDERING the current global situation, a resolution was passed at the concluding session of the 14th National Conference of the General Insurance Employees All India Association held in Nagpur, demanding the Government to form of a unified company by merging the four public sector general insurance companies on the lines of Life Insurance Corporation of India, instead of privatising them...

Somani-led Mastersoft plans IPO to raise Rs 100 cr

Riding the wave of regional tech growth, one more city-based IT company is planning to raise money through an Initial Public Offering (IPO). Founded by Sham Somani in 2000, Mastersoft ERP Solutions Pvt. Ltd, is charting its next phase of aggressive expansion for which the company is looking at raising Rs 100 crore within the next two-three years. Mastersoft, located in the Non-SEZ area of MIHAN on Wardha Road, offers IT solutions to over 1,400 institutions spread across the globe. At the beginning ..

New Punch EV delivered from Jaika Motors

Business Reporter : JAIKA Motors Pvt Ltd, Central India’s leading dealership since last 70 years delivered 3 new Punch EVs on Shubh Muhurat of Gudhi Padwa. The proud customers are Aiejad Sheikh, Ramchandra Waghmare and Ganesh Menghare. T..

‘Company Secretary is one ofbest career options for youth’

CS Pawan Chandak, National President of the Institute of Company Secretaries of India (ICSI), on Friday said that the profession of Company Secretary in India is experiencing a massive surge in demand, making it one of the most promising and dynamic career paths for today’s youth. “As regulatory frameworks tighten and businesses rapidly expand,..

NEET Career Guidance seminar for class 10th students from Medical Prayojanam on Mar 22

Medical Prayojanam, one of the reputed educational institute of the region, is all set to conduct a career guidance seminar for students currently studying in the 10th grade on Medical Entrance NEET on March 22, 2026. The event will be held at Hotel Centre Point, Ramdaspeth, Nagpur. Chittaranjan Chauhan, Director of Medical Prayojanam, will provide detailed information to students who have completed their 10th grade on how to prepare for the NEET examination...

Haldiram’s Rail Coach Restaurant opens at Gondia Railway Station

Haldiram’s rail coach restaurant is now available for the travellers at the Gondia Railway Station premises. Known as Haldiram’s Gondia Rail Coach, has opened for the convenience of the passengers and residents, recently. The restaurant offers sweets and snacks, providing popular treats for passengers on the move. The restaurant is a convenient stop for packed sweets and snacks directly at the station. The Haldiram’s Rail Coach Restaurant was established under the guidance of Deepak Kumar Gupta, Divisional ..