Advanced technologies like AI will spawn new jobs and fears around job losses are misplaced, IT Minister Ravi Shankar Prasad has said,...
The central government’s plan to divest a majority stake in the national passenger carrier Air India seems to have run into trouble,...
The board of India’s largest private sector lender ICICI Bank has ordered an independent probe into allegations of ‘conflict of interest’ and...
A special court has granted interim protection to P. Chidambaram from arrest till June 5 in the Aircel-Maxis deal case. Special Judge...
Budget carrier IndiGo has said it will launch 20 new flights across its domestic network. According to the airline, effective from July...
The Enforcement Directorate has filed its first chargesheet in the over $2 billion Punjab National Bank (PNB) fraud case involving diamantaire Nirav...
Senior Congress leader and former Union Finance Minister P. Chidambaram has strongly criticised the Centre for the fuel price hike and claimed...
Domestic air passengers will soon be able to avail of full refunds and additional compensation for flight delays/cancellations as the government put...
With transport fuel prices in Delhi touching an all-time high, industry chambers, Ficci and Assocham, called for the government to urgently reduce...
Tata Steel’s wholly-owned subsidiary Bamnipal Steel Ltd has acquired 72.65 per cent stake in Bhushan Steel Ltd (BSL) in accordance with 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.