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Rating Agency ICRA Forecasts Only 2 Percent India’s GDP Growth In 2021, Cites Impact Of COVID-19

Icra Ratings sharply cut the country’s GDP forecast amid the COVID-19 crisis and expects the economy to grow at just …

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Industry Body Reveals Worst Fears, COVID-19 Seriously Impacting Tourism, Hospitality Industry

An industry body has said that  cascading effect of the global coronavirus pandemic is crippling the country’s tourism and hospitality …

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Mukesh Ambani’s Net Worth Sees A Slide, 28 Percent , Now $48 Billion

India’s richest man Mukesh Ambani’s net worth has dropped 28 per cent or US D 300 million a day for …

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#Yes Bank Crisis : No Respite For Rana Kapoor, His Interim Bail Plea Rejected

Embattled Yes Bank founder Rana Kapoor, who is currently in judicial custody on money laundering charges will have to stay …

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#War Against Coronavirus : $1Billion Emergency COVID-19 Aid For India Approved By World Bank

World Bank has approved $1 billion emergency funding for India to help it tackle the coronavirus pandemic. The total number …

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Fight Against COVID-19 : Wipro Ltd, Wipro Enterprises Ltd And Azim Premji Foundation Give Rs 1,125 Crore

A total sum of Rs 1,125 crore are said to be given by Wipro Ltd, Wipro Enterprises Ltd and Azim …

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Fall-Out Of COVID-19 : RBI Announces More Measures, Extension Of Period For Realisation ,Repatriation Of Export Proceeds

To deal with the economic fallout of Covid-19 pandemic, the Reserve Bank of India has announced more measures, including extension …

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In His Tweets, Vijay Mallya Again Reiterates Offer To Repay 100 Percent Of His Dues

Once upon a time the ‘King of Good Times’ Vijay Mallya, has again asked Union Finance Minister Nirmala Sitharaman to …

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India’s GDP Growth In 2020-21 Fiscal Is Likely To Be 4.6 Percent , Says Fitch Solutions

Fitch Solutions slashed its estimate for India’s GDP growth in the fiscal starting April 1 to 4.6 per cent due …

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#PMCaresFunds : Gautam Adani Contributes Rs 100 Crore To Fight COVID-19

Chairman of Adani Group, Gautam Adani has  announced a Rs 100 crore contribution by his group”s philanthropy arm to the …

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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.