Facing flak over delay in payment of GST compensation, the central government has finally released Rs 35,298 crore to states to make...
IMF Chief Economist Gita Gopinath has said that the Modi government should undertake structural reforms such as bank clean-up and labour reforms...
Disinvestment-bound national carrier Air India is mulling launching a flight service to London Stansted from the country’s financial capital, a senior airline...
Union Finance minister Nirmala Sitharaman who came under opposition attack for reportedly saying she doesn’t eat onions said at the press briefing...
The Reserve Bank of India has clearly said it has not put banks on alert, as reported by a section of media,...
Asian Development Bank (ADB) has lowered India’s economic growth forecast for FY2019 to 5.1 per cent on slowing job prospects, rural distress...
Union Finance Minister Nirmala Sitharaman has said in Rajya Sabha that the RBI had no objection to issuance of electoral bonds through...
Vistara has entered into a codeshare pact with German airline Lufthansa, the sixth such agreement with an international airline as the domestic...
Former Reserve Bank of India (RBI) governor Raghuram Rajan said India is in the midst of a “growth recession” with signs of...
Vodafone Idea Ltd’s chairman Kumar Mangalam Birla has said that the India’s third largest mobile service provider, will shutdown if the government...
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.