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Optimistic : Economic Recovery Momentum Has Been Stronger Than Expected, Says Shaktikanta Das, RBI Governor

Reserve Bank Governor Shaktikanta Das has said that after the 23.9 per cent GDP contraction in the April-June quarter following …

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DGCA Order : India Cancels International Flights Till December 31, Vande Bharat Mission Bio Bubble Arrangements Continue

Country’s aviation safety regulator Directorate General of Civil Aviation has extended the suspension of scheduled international commercial passenger flights to …

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Myprotein Is Set To Unleash Its Biggest Sale And Of The Year On Black Friday.

Black Friday is celebrated the day after Thanksgiving, which always falls on the fourth Thursday of November. As it marks …

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Heat On Chinese Mobile Apps Continues, Now 43 More Banned By Government It Includes Alibaba Workbench, AliExpress

In  yet another digital strike on Chinese apps, the government has now  with it’s latest order blocked access to 43 …

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India Has Turned COVID-19 Pandemic Into An Opportunity To Push Economic Reforms – Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman while expressing optimism about the future  has assured the industry that momentum of economic reforms …

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RBI Becomes First Central Bank In The World With One Million Twitter Followers

With one million Twitter followers, the Reserve Bank of India has become the first central bank in the world to …

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Jolt For Amazon, Competition Commission Approves Reliance’s Rs 24,713 Crore Deal With Future Retail

In  a major jolt for Amazon, the Competition Commission of India has approved Reliance’s proposed acquisition of retail, wholesale, logistics …

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Big Trouble For Subrata Roy, SEBI Moves SC, Wants His Custody If Rs Rs 62,602.90 Crore Not Paid

Markets regulator Sebi has moved the Supreme Court seeking direction to two Sahara firms to pay Rs 62,602.90 crore in …

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Bullet Train : Larsen and Toubro Bags Mumbai-Ahmedabad High Speed Rail Project For Over Rs 7000 Crore

Infrastructure major Larsen and Toubro has said it has bagged an order worth over Rs 7,000 crore to construct a …

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After RBI Nod, Government Puts Lakshmi Vilas Bank Under One Month Moratorium

In a major government decision it has placed Lakshmi Vilas Bank under one-month moratorium, superseded its board and capped withdrawals …

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Impact News provides the latest business news, current business topic, Business News Updates, Indian business news India, top business news.

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.