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Fall Of Rupee : Hits Life-time Low of 70.82, Drops 23 Paise Against US Dollar

In what appears to be worrying sign for the government, continuing its free-fall, the rupee , weakened by another 23 …

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For Foreign Direct Investment , India Is The Preferred Destination : RBI Annual Report

India remains a preferred destination for foreign direct investment as domestic consumption remains strong, according to RBI Annual Report. With …

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Court Sends Notice To CBI After P Chidambaram Alleges Agency Of Leaking Aircel-Maxis Chargesheet

A special court has issued a notice to the Central Bureau of Investigation (CBI) and sought a reply on a …

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India Can Extradite Mehul Choksi Even Without Red Corner Notice : CBI

India can seek extradition of fugitive billionaire Mehul Choksi without an Interpol Red Corner Notice as it is not a …

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Anguished Over Rafale Deal Allegations, Anil Ambani Files Rs 5000 Cr Defamation Suit Against National Herald

The war over Rafale deal does not seem to end. Pained by the charges levelled , the Anil Ambani’s Reliance …

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Rupee Fall : This What Raghuram Rajan Has To Say On The Current Scenario

Former RBI Governor Raghuram Rajan has said that the rupee has not depreciated to ‘too worrying levels’, though the government …

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Arun Jaitley Returns To Take Charge Of The Finance Ministry

Arun Jaitley, who stepped aside as Finance Minister in mid-May to undergo a kidney transplant, has resumed duty as Minister …

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With No Consensus Between Centre And States, Petrol And Diesel Will Not Come Under GST

Petrol and diesel will not come under the purview of Goods and Services Tax (GST) in the immediate future as …

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Parliamentary Committee Worried Over Mounting NPA’s, Seeks Raghuram Rajan’s Guidance

Former RBI Governor Raghuram Rajan is back in the spotlight once again. It is learnt that the parliamentary committee looking …

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#Stand With Kerala : ICICI To Contribute Rs 10 Cr, SBI Rs 2 Cr For Rehabilitation In Flood Hit State

The unprecedented floods in Kerala has damaged property and infrastructure running into several crores. As aid and money pours into …

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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.