American banking major Citibank has announced that it will exit from the consumer banking business in India as part of a global...
Investors’ wealth tumbled by Rs 6,86,708.74 crore in morning trade on Monday following massive losses in the equity market as sentiments remained...
Automobile registrations across the country dropped by more than 28 per cent in March from the year-ago period but passenger vehicles marked...
Reserve Bank of India has retained the economic growth for 2021-22 fiscal at 10.5 per cent in 2021-22 fiscal’s first monetary policy....
A sudden surge in COVID-19 cases and the government’s recent mandate asking the central bank to keep retail inflation around 4 per...
In a major embarrassment, Union Finance Minister Nirmala Sitharaman has said the government will roll back a steep interest rate cut on...
The Centre has released Goods and Services Tax (GST) compensation of Rs 30,000 crores to states as part compensation admissible for FY...
In some breather for the common man which was burdened by the steep hike hike in oil prices, Petrol and diesel prices...
Union Civil Aviation Minister Hardeep Singh Puri has stated that the privatisation of Air India is likely to be completed by the...
The Supreme Court has set aside order of the National Company Law Appellate Tribunal of December 17, 2019, which ordered the reinstatement...
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.