A high court judge in London granted fugitive diamond merchant Nirav Modi permission to appeal against a magistrates’ court order in favour...
Prime Minister Narendra Modi virtually transferred about Rs 19,500 crore to over 9.75 crore beneficiaries farmers under the government’s PM-KISAN scheme. With...
As predicted earlier the Reserve Bank of India has kept repo rate unchanged at 4%, maintains accommodative stance. RBI keeps reverse repo...
Union Finance and Corporate Affairs Minister Nirmala Sitharaman has said that the passage of the Insolvency and Bankruptcy Code (Amendment) Bill, 2021...
Prime Minister Narendra Modi has launched e-RUPI, a person and purpose specific digital payment solution that is aimed at improving transparency and...
The Reserve Bank is likely to maintain status quo on interest rate and watch the developing macroeconomic situation for some more time...
Petroleum Minister Hardeep Singh Puri has promised an open-door policy to resolve any issue faced by the industry as he sought foreign...
The coronavirus-induced suspension of scheduled international passenger flights has been extended till August 31, aviation regulator DGCA said on Friday. “However, international...
International Monetary Fund (IMF) has cut its economic growth forecast for India to 9.5 per cent for the fiscal year to March...
After a UK court declared Vijay Mallya as bankrupt allowing banks to pursue his assets worldwide, Mallya in a tweet has said...
The economy drives the nation forward. Business is the key for any nation . The country’s GDP growth, the value of its currency, monetary policy, budget are key elements that take this change / challenge forward. And gives direction which way the country is heading to be on par with the rest of the developing nations. Or what it needs to achieve the status of a super power.
The Business section looks at the deals, meetings, collaborations, ratings, Stock markets and the big players. The news makers in the business arena – the tycoons their goals, targets, partnerships, in various fields like coal, mining, aviation, thermal, power, defence , and host of like ports, airports.
News of disinvestment in various sectors like aviation, banks, retail , to the outreach to the farmers, traders, industry.
The tab on the global export , import , financial deals among others. If that is not all the section also looks at the other side too with incisive details like – recession, Economic slowdown among other things.
The presence of big money also raises the temptation to deceit . The corporate scandals like that of Vijay Mallya, Nirav Modi, Mehul Choksi, Rana Kapoor ( Yes Bank) , Anil Amban’s slide in fortunes, Mukesh Ambani’s rise or the matter Gautam Adani’s foray in various fields get a look in.
Some of the most dramatic falls in recent times has been that of flamboyant tycoons like the once King of Good Times Vijay Mallya, now awaiting extradition, the fall of Nirav Modi now in UK jail in connection with the PNB scam has brought to the fore the mismanagement of the corporate as well as the role of the banks who tend to bow to the high and might on token value and give them loans in crores while the other/ ordinary people are made to go through the grind and face strict penalty when loans are not p[aid back in time.
Economic reforms do get a comparison what it was in between the current regime at the Centre and the previous one. Has it been able to meet the aspirations of the people as promised by the party at the Centre when it was voted to power by the people are the key questions that needs honest answers.
The impact of GST, Demonetisation, and what lies ahead for India’s national carrier Air India ( now it is ready for disinvestment) are some of the issues that will be followed and relentlessly covered in the days ahead. So that one gets the pat picture of the business scene and find out who all are the movers and shakers.