India has requested a group of countries to deny entry to diamantaire Nirav Modi, who is wanted in a money laundering case,...
Adani Ports has acquired 97 per cent stake in Marine Infrastructure Developer Pvt Ltd (MIDPL), the developer and operator of Kattupalli Port...
The rupee lost further ground to end at a fresh one-week low of 68.24, depreciating by 11 paise against the U.S. currency...
Claiming that he had honestly tried to repay bank loans since 2016, beleaguered tycoon Vijay Mallya has clearly denied his offer to...
Embattled Liquor baron Vijay Mallya has sought the Karnataka High Court’s permission to let him and his holding firm UBHL sell their...
By Matias Vernengo Alan Blinder wrote a few days ago in the Wall Street Journal that economic theory has been often abused by politicians. He...
Hailing the Goods and Services Tax (GST) as “probably the worlds biggest tax reform”, Prime Minister Narendra Modi said its implementation was...
Adani’s bid for Ruchi Soya, which is facing insolvency and bankruptcy proceedings, appears to have run into rough weather as Yoga guru...
Senior Congress leader and former Union Finance Minister P. Chidambaram expressed disappointment over Chief Economic Advisor (CEA) Arvind Subramanian’s resignation, noting his...
Arvind Subramanian has stepped down as the Chief Economic Adviser on account of “pressing family commitments”. Union Minister Arun Jaitley announced 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.