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Rupee Fall Continues : Hits All Time Low Of 71.12 Against U S Dollar

The Indian rupee nosedived to all-time record low of 71.12 against the United States dollar. Despite opening 19 paise higher …

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India Sends Second Extradition Request To Antigua Regarding Mehul Choksi

Putting on the pressure , India,  has  now submitted second extradition request to Antigua and Barbuda government for the extradition …

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Slugfest Over Rafale Deal, But What About The Fuel Prices Now At Record High?

The political parties BJP and the Congress are involved in the slugfest over the Rafale jet deal but are literally …

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Read Full Facebook Blog Of Finance Minister Arun Jaitley, As He Defends Demonetisation

Union Finance Minister Arun Jaitley took to his Facebook Blog yet again like he did on the Rafale jet deal …

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RBI Report On Demonetisation : P Chidambaram Leads Congress Charge Of Lashing Out At Government

The stunning disclosure by the RBI in its report which stated that 99.3 percent of the demonetised notes had returned …

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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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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.