The Banking Regulation (Amendment) Bill empowering the Reserve Bank of India to direct lenders to act against big defaulters was accorded parliamentary...
Economist Rajiv Kumar has been appointed as the new vice-chairman of NITI Aayog, succeeding well-known economist Arvind Panagariya for the coveted post....
The Reserve Bank of India (RBI) on Wednesday announced a reduction in the reverse repo rate by 25 basis points (bps) under...
In a sudden move, Niti Aayog vice-chairman Arvind Panagariya on Tuesday resigned from his position and said he will return to academia....
The Indian government has submitted the requisite “opening note” and paperwork related to Vijay Mallya’s extradition case to the liquor baron’s legal...
India is the world’s third-biggest exporter of beef and is projected to hold on to that position over the next decade, according...
In a move aimed at narrowing the demand and supply gap in smaller-denomination currency bills, the much-awaited Rs 200 notes could come...
The Reserve Bank will hire 12 currency verification systems for six months to help it segregate fake ones from scrapped notes of...
Reliance Industries Chairman and Managing Director (CMD) Mukesh Ambani on Friday launched its VoLTE feature phone, JioPhone, in India at an ‘effective...
The government is weighing multiple options to raise money from Air India, going beyond the recommendation to take over Rs 30,000-crore debt...
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.