India has officially entered a phase of recession, with GDP data released showing a collapse of 23.9 per cent of gross domestic...
Mukesh Ambani”s Reliance Industries has announced the acquisition of Future Group for Rs 24,713 crore to bolster its fast growing retail business....
Senior Congress leader and former Finance Minister P Chidambaram took a dig at Finance Minister Nirmala Sitharaman over her ‘Act of God’...
The government has permitted the airlines to serve pre-packed snacks, meals and beverages on domestic flights and hot meals on international flights,...
RBI Governor Shaktikanta Das has warned banks that being overly risk averse will be “self-defeating” and that lenders will not be able...
The government has extended by two months the deadline for placing bids for Air India till October 30 as the COVID-19 fallout...
There is more trouble for the prime accused in the over USD 2 billion PNB bank fraud case Nirav Modi. The interpol...
Chief Economic Adviser K V Subramanian has said that India needs more global sized banks to help the country achieve USD 5...
RBI Governor Shaktikanta Das has said there is a disconnect between the stock market and the real economy and a correction will...
Moody’s Investors Service has said that the Public sector banks will need external capital of up to Rs 2.1 trillion over the...
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.