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.
With just seven days left on the clock, taxpayers are racing against the March 31, 2025, deadline to wrap up crucial income tax tasks. Missed steps now could mean penalties, lost deductions, and unwanted attention from the tax department. Acting early isn’t just about staying compliant — it’s about keeping more of your money in … Read more
If you’re someone who frequently stops by the ATM for cash, your wallet might feel a little lighter starting May 1, 2025. The Reserve Bank of India has approved a hike in ATM interchange fees — a move that will directly raise the cost of cash withdrawals and balance checks for customers using ATMs outside … Read more
Vinay Dube, Founder & CEO, Akasa Air, says given the small base, Akasa grew 300%, the previous financial year over 50%, this financial year. These kinds of numbers will continue for the next couple of years. The airline has ordered another 199 aircraft and with the existing fleet, there will be about 226 aircraft over … Read more
“We will see a lot more companies list, a lot more companies come up, lots of very interesting things to happen in the next 10 years,” says Deepak Shenoy, Founder, Capital Mind.I just want to get your general sense on the market because after the kind of carnage that we have seen on D-Street, we … Read more
Israeli historian and author Yuval Noah Harari has warned that artificial intelligence (AI) poses a greater threat than nuclear weapons. In a recent video shared by Instagram page @artificialintelligencenews.in, Harari argued that while nuclear bombs require human intervention to cause destruction, AI has the capability to act on its own. Harari, a professor at the … Read more
Highlighting the recurring skepticism around Bangalore’s soaring property prices, a Reddit user shared their own timeline of hesitation and hindsight: “2011 – Moved to Bangalore. Everyone said real estate was too inflated, better to wait for prices to stabilize… Identified a 3BHK in JP Nagar for ₹96L.” They continued, “2016 – Massive influx of people, … Read more
Tax season can feel like a maze, especially with the alphabet soup of ITR forms on offer. But filing your Income Tax Return (ITR) right and on time isn’t just a civic duty; it’s a shield against future legal trouble. As the 2024-25 financial year nears its end for individuals and non-audit cases, understanding which … Read more
Many assume income tax returns are only for the well-paid. But skipping this annual ritual — just because your earnings are below the taxable limit — could be a costly oversight. Filing an ITR isn’t just a compliance formality; it’s a financial tool that opens doors to refunds, smoother investments, and quicker approvals for loans … Read more
The stock market’s focus has now shifted to FY26 earnings, which are expected to grow by 12-13%, following a 5-6% earnings downgrade over the past six months, says Srinivas Rao Ravuri, Chief Investment Officer, Bajaj Allianz Life Insurance. While a 12-13% earnings growth rate may not seem particularly strong at first glance, we believe it … Read more
Various corporate actions are set to keep several stocks in focus in the week ahead, with record dates scheduled for dividends, bonus shares, and rights issues. Companies like REC and TVS Motor Company are among the notable names announcing shareholder benefits this week. The record date determines which shareholders are eligible for such benefits. Due … Read more