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Coronavirus Hits Apple’s Revenue Forecast, iPhone Supplies Hit

Apple is to miss its revenue forecast for the March quarter due to the coronavirus epidemic, the US tech giant …

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#Economic Slowdown : Moody’s Slashes India’s Growth Forecast For 2020 To 5.4 %

Moody’s have slashed India’s growth forecast for 2020 to 5.4 per cent from 6.6 per cent projected earlier, on slower …

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Fiscal Responsibility And Budget Management Kept In Mind While Preparing Budget 2020-21, Says Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman has said the 2020-21 union budget was prepared keeping the FRBM (Fiscal Responsibility and Budget …

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Spice Jet Flies High : Records Rs 73.2 cr Profit In December Quarter

Budget carrier SpiceJet posted a net profit of Rs 73.2 crore for the three months ended December. “Standalone profit from …

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Vijay Mallya Once Again Asks Banks To Take Back 100 Per Cent Of The Principal Amount Owed To Them

Embattled Liquor tycoon Vijay Mallya once again asked the Indian banks to take back 100 per cent of the principal …

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Makes Heads Turn With 70 Launches ,Records Total Of 6.8 Lakh Visitors Over Eight Days

India’s premier flagship motor show Auto Expo came to a close after witnessing over 70 product launches and unveils, recording …

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Coronavirus – India’s Smartphone Industry Which Banks On Chinese Components, Sub-Assemblies Feel The Heat

The Indian smartphone industry, which relies heavily on China for components and sub-assemblies, has started feeling the impact of supply …

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Now Fly Indigo By Booking Flights In Hindi , Airline Launches Hindi Website

IndiGo has started its Hindi website for customers who want to use it as their language of choice for flight …

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Grim Scenario : P Chidambaram Says Economy Close To Collapse Due To Modi Government’s Inept Handling

Senior Congress leader and former finance minister P Chidambaram in a scathing attack has slammed the Modi government’s handling of …

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One More Year To Take Call On Long-Term Capital Gains Tax – Nirmala Sitharaman, Union Finance Minister

Under criticism for not abolishing the long-term capital gains (LTCG) tax, Finance Minister Nirmala Sitharaman has said her ministry will …

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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.