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High Profile World Economic Forum 2021 Edition In Davos Cancelled, Next Possible Date First Half Of 2022

As the COVID-19 pandemic continues to unravel in various parts of the country, the World Economic Forum has according to …

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Sensex, NIfty On A High After Recording Best Single-Day Gains In 7 Weeks

Equity gauges Sensex and Nifty registered their biggest single-session gains in about seven weeks on Monday as investor optimism returned …

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Pradhan Mantri Kisan Samman Nidhi : Prime Minister Narendra Modi Releases 8th Instalment Of Over Rs 20,000 Crore To Benefit 9.5 Crore Farmers

Prime Minister Narendra Modi has released the eighth installment of over Rs 20,000 crore to more than 9.5 crore farmer …

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IndiGo Comes Out With Its Initiative For Its Employees In COVID-19 Time

No-frills carrier IndiGo has said it is setting up a 13-beded dedicated COVID care centre in collaboration with Columbia Asia …

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Economic Woes : Moody’s Slashes India’s Growth Forecast By 9.3%

Moody’s Investors Service in its latest report has slashed India’s growth forecast for the current financial year to 9.3 per …

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COVID Relief : Twitter Too Jumps Into The Fray Announces Donation Of $15 Million

Microblogging giant Twitter has donated USD 15 million to help address the COVID-19 crisis in India which is battling the …

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Clear Line : Nirmala Sitharaman Rules Out GST Waiver On Covid Vaccines, Medicines ,Oxygen Concentrators

Union Finance Minister Nirmala Sitharaman has virtually ruled out exempting Covid vaccines, medicines and oxygen concentrators from GST, saying such …

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After Facing Severe Backlash, WhatsApp Abandons Controversial Privacy Policy Update

After massive furore WhatsApp has scrapped its May 15 deadline for users to accept its controversial privacy policy update and …

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Fitch Solutions Expects India To Breach Fiscal Deficit Target In FY22

India is likely to breach its fiscal deficit target in the financial year to March 2022 mainly due to revenue …

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Biocon Founder Kiran Mazumdar Shaw Terms COVID Second Wave As ‘Tsunami’

Biocon founder Kiran Mazumdar Shaw has said that the second wave of COVID-19 that has hit India is “like a …

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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.