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Business

New Rs 20 Rupee Note Will Be Introduced Soon – RBI

The Reserve Bank of India  according to various media reports, will soon introduce a new Rs 20 currency note with …

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In A Facebook Post, Finance Minister Arun Jaitley Writes About Eighteen Months Of GST

Union Finance Minister Arun Jaitley has now indicated that the government is working on a single GST rate for most …

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Subramanian Swamy Drops A Bombshell, Reiterates His ‘Corruption’ Allegation Against RBI Governor Shaktikanta Das

BJP leader Subramanian Swamy has a new target – RBI Governor Shaktikanta Das. According to media reports, Swamy has now …

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After Uttar Pradesh Government Clears Deal Of Rs 5000 Crore, IKEA Stores Set To Arrive

Ikea, Swedish home furnishing brand, has reportedly signed a memorandum of understanding (MoU) with the Uttar Pradesh government in Lucknow. …

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Demonetisation Blues : Hit Growth Target By 2 Percentage Points, Points Out Gita Gopinath In A Paper

According to a research paper co-authored by eminent economist Gita Gopinath , the Prime Minister Narendra Modi government’s note ban …

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Aircel – Maxis Case : P Chidambaram And Son Get Protection From Arrest Till January 11, 2019

Former Union  Finance  Minister and Senior Congress leader ,  P Chidambaram and his son have got a breather. A Delhi court has reportedly extended …

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Government Vs RBI : Arun Jaitley Gets Candid , Admits Differences In 2-3 Areas

In a candid admission Union Finance Minister Arun Jaitley on December 13 admitted there were two-three areas of differences with …

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Trouble For Mehul Choksi, Interpol Issues Red Corner Notice

Trouble is mounting for  absconding billionaire Mehul Choksi  as the  Interpol in its latest move  has issued a Red Corner …

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Shaktikanta Das Replaces Urjit Patel As The New RBI Governor

A 1980 batch  former IAS officer from Tamil Nadu cadre,  Shaktikanta Das, who spearheaded the post-demonetisation normalisation of the economy, has …

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UK Court Orders Vijay Mallya’s Extradition , Arrival In India Not Imminent

In big win for India and the CBI and the ED, a London court has has ordered the extradition of …

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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.