An economy (from Greek οίκος – “household” and νέμoμαι – “manage”) is an area of the production, distribution and trade, as well as consumption of goods and services by different agents. Understood in its broadest sense, ‘The economy is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources’. A given economy is the result of a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure and legal systems, as well as its geography, natural resource endowment, and ecology, as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of human practices and transactions. It does not stand alone.
HDFC Bank, while declaring its results for the fourth quarter of the financial year 2025, also announced a dividend of Rs 22 per share for its eligible shareholders, for which it has fixed June 27 as the record date. “The Board also recommended a dividend of Rs. 22 per equity share of Re. 1/- each … Read more
ICICI Bank, India’s second largest private lender, today declared an 18% year-on-year (YoY) surge in its Q4FY25 PAT, which stood at Rs 12,630 crore at the end of the quarter, while its net interest income (NII) rose 11% YoY to Rs 21,193 crore in the same time period. Meanwhile, for the full financial year 2025, … Read more
India’s largest private lending bank, HDFC Bank on Saturday, reported its fourth quarter results for FY25, wherein its profit after tax was reported at Rs 17,616 crore, up by 6.7% YoY while its net interest income (NII) was up by 10.3% YoY to Rs 32,070 crore. The PAT stood above the ETNow poll, while the … Read more
Indian markets posted a strong rebound in the holiday-shortened three-day trading week, with benchmark indices rallying over 4.5% on the back of positive cues from both domestic and global fronts. The Nifty and Sensex closed near their weekly highs at 23,851.65 and 78,553.20, respectively, supported by optimism over tariff deferrals, product exemptions, easing retail inflation, … Read more
Markets saw a sharp rebound this week, climbing over 4.5% in the holiday-shortened week, driven by upbeat cues from both domestic and global fronts. Benchmark indices kicked off the week with a strong gap-up opening and sustained the momentum in subsequent sessions. As a result, the Nifty and Sensex closed near their weekly highs at … Read more
In the week ending April 17, the benchmark Sensex rose by approximately 4.5%. Amid this broader market rally, seven penny stocks posted gains ranging from 10% to 24%. Our selection criteria focused on stocks with a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum trading volume of 5 … Read more
Private sector lender YES Bank on Saturday reported that its March quarter standalone profit rose 63.3% year-on-year (YoY) to Rs 738 crore while its net interest income (NII) surged 5.7% YoY to Rs 2,276.3 crore. Both the net profit and NII figures were above Street estimates. During the quarter, the bank’s interest income rose 2.3% … Read more
The fund house increased its stake in 350 stocks which includes Eternal, HDFC Bank, Jio Financial Services, RIL, Shree Cement, Tata Motors, Adani Green Energy, Eicher Motors, Tata Elxsi, ONGC, Petronet LNG, PNB Housing Finance, ACC, HFCL, and Zydus Lifesciences. Source link
With Jerome Powell ruling out a rescue mission this week and incurring the wrath of Donald Trump, Wall Street is desperate for a lifeline as tariff-lashed markets slide anew. How desperate? Just look at the all-out plunge this year in returns that has taken hold across investment strategies that ride everything from US stocks big … Read more
China vowed to use its big market to help companies cope with “external shocks”-a sign officials are eager to ensure exporters navigate the trade conflict with the US. “The domestic market offers strong backing for enterprises involved in foreign trade,” the Commerce Ministry said in a statement on Friday, citing a meeting in Beijing attended … Read more