Fitch Ratings has slashed India’s economic growth projections to 0.8 per cent in the current 2020-21 fiscal saying an unparalleled global recession...
At a time when the world and India are battling the dreaded coronavirus , a blockbuster FDI deal has just been inked. ...
Finance Ministry in a statement released has said it has sanctioned Rs 46,038 crore for the devolution of states’ share in central...
Embattled liquor tycoon Vijay Mallya has suffered a big blow and could be extradited to India soon . A UK Court has...
China has reacted to India new FDI rules and it has said that the additional barriers set by India for investors from...
The aviation regulator DGCA in its fresh directive to the airlines amidst the lockdown has clearly stated that the airlines should stop...
In what is widely seen as a fall-out of the COVID-19, the Reserve Bank of India Governor Shaktikanta Das while addressing the...
The GDP numbers being projected by the World Bank and IMF for India are far “too optimistic” and the country would require...
The IMF has called on all countries to refrain from putting restrictions on exporting medical supplies in view of their massive requirement...
According to a new report by property brokerage firm Anarock, The COVID-19 pandemic is all set to derail the growth momentum of...
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.