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India Set To Overtake China To Become The Second largest Oil Demand Growth Centre : Wood Mackenzie Report

India will surpass China to become the second largest oil demand growth centre globally in 2019 on back of buoyant …

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Fight Against Fake News : WhatsApp Plans To Limit Message Forwarding

Facebook-owned mobile messaging platform WhatsApp has announced it was restricting how many times any given message can be forwarded in …

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To Avoid Extradition Mehul Choksi Surrenders Indian Passport, Flaunts New Antigua Address

Wanted for the  PNB scam  for loan fraud, Mehul Choksi, , has  according to various media  reports given up his …

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High For Reliance Industries, First private Sector Company To Report Quarterly Profit Of Over Rs 10,000 Crore

Reliance Industries has become the first Indian private sector company to report a quarterly profit of more than Rs 10,000 …

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World’s First Handicrafts Hotel Launches In India

The Palm Beach Hotel, a sister concern of LeSutra, Mumbai, opened the doors to its heritage wing, the Andhra Arts …

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Facebook To Invest Over $300 Million Over Next Three Years In Local News Programs

Facebook says it is investing $ 300 million over the next three years in local news programs, partnerships and other …

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Flipkart’s Sachin Bansal In His Individual Capacity Invests Rs 150 Crore In Ola

A week after it raised $74 million from existing investor Steadview Capital, according to documents filed with the Registrar of Companies …

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GST Council : Small Businesses Get A Boost, GST Exemption Doubled To Rs 40 Lakh

The GST Council, headed by Finance Minister Arun Jaitley and comprising his state counterparts, at its meeting has doubled the …

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Aadhaar Architect Nandan Nilekani, To Head RBI Panel To Boost Digital Payments

The Reserve Bank of India has reportedly constituted a high-level committee under Aadhaar architect Nandan Nilekani to suggest measures to …

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Gita Gopinath Takes Charge As First Woman Chief Economist Of The IMF

Mysore-born Gita Gopinath has joined International Monetary Fund as its chief economist, becoming the first woman to occupy the top …

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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.