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IATA Predicts 29 Lakh Jobs At Risk In Indian Aviation , Dependent Industries Due To Lockdown, Courtesy COVID-19

Global airlines’ grouping IATA has said that the coronavirus pandemic is expected to impact more than 29 lakh jobs in …

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COVID 19 Pandemic, Gaming Start-Up EWar Witnesses 3x Growth In Its User Base

  Following the nationwide Government-imposed lockdown in India due to the public health emergency posed by Novel Coronavirus, a large …

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COVID-19 Impact : Finance Ministry Puts On Hold Hike In Dearness Allowance Of Government Employees Till July 2021

The finance ministry decided to put on hold increment in dearness allowance for 50 lakh central government employees and 61 …

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Amid Recession Fitch Ratings Slashes India’s Economic Growth Projections To 0.8 %

Fitch Ratings has slashed India’s economic growth projections to 0.8 per cent in the current 2020-21 fiscal saying an unparalleled …

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#BLockbuster FDI Deal : Facebook Buys 9.99% Stake In Mukesh Ambani’s Reliance Jio for Rs 43,574 cr

At a time when the world and India are battling the dreaded coronavirus , a blockbuster FDI deal has just …

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Rs 46,038 Crore As States’ Share In Taxes For April Gets Nod From Finance Ministry

Finance Ministry in a statement released has said it has sanctioned Rs 46,038 crore for the devolution of states’ share …

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Big Blow To Vijay Mallya, Appeal Against Extradition To India Dismissed By UK Court

Embattled liquor tycoon Vijay Mallya has suffered a big blow and could be extradited to India soon . A UK …

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China Fumes At India’s New FDI Rules, Says It Violates The WTO Spirit

China has reacted to India new FDI rules and it has said that the additional barriers set by India for …

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Government Diktat To Airlines, Take Bookings Only After Nod To Resume Passenger Flights

The aviation regulator DGCA in its fresh directive to the airlines amidst the lockdown has clearly stated that the airlines …

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COVID-19 Impact : RBI Reduces Reverse Repo Rate From 4 Percent To 3.75 Percent, Governor Lauds Frontline Workers

In what is widely seen as a fall-out of the COVID-19, the Reserve Bank of India Governor Shaktikanta Das while …

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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.