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.
The U.S. dollar was almost flat on Friday after dipping following fresh inflation data that showed U.S. consumer prices increased less than expected in September, keeping the Federal Reserve on track to cut interest rates again next week. The Consumer Price Index rose 0.3% last month and 3.0% in the 12 months through September. Economists … Read more
IndusInd Bank‘s former deputy chief has deposited 50% of the alleged insider trading gains with India’s markets regulator, BSE said on Friday. Restrictions on former deputy Arun Khurana’s bank accounts have been lifted, a notice from the stock exchange said. The private bank faced a crisis earlier this year following revelations of governance and accounting … Read more
Securities and Exchange Board of India (Sebi) has allowed portfolio managers to transfer their Portfolio Management Services (PMS) business after obtaining approval from the regulator. In a circular today, the market watchdog stated that the initiative is part of its broader efforts to promote ease of doing business and simplify compliance in the capital market … Read more
The Indian venture capital (VC) and startup funding ecosystem has come a long way over the past 15 years, witnessing a profound transformation from a fringe concept to a mainstream economic force. In a detailed post on Twitter, Zerodha co-founder and CEO Nithin Kamath shared his observations on this journey, describing how the landscape has … Read more
Ace investor Shankar Sharma took to X (formerly Twitter) on Friday to share a story that has captivated market watchers and small investors alike about how his house help, who avoided stocks on Sharma’s advice two decades ago, has now bought a “stunning apartment in Bombay” through steady investments in gold and land. “~20 years … Read more
After six consecutive sessions of solid gains, the Nifty paused for breath on Friday, slipping below the 26,000 mark. While some investors see this as a short-term consolidation, market expert CA Rudramurthy BV believes the broader trend remains strong and sector rotation could fuel further upside. “See, we have to understand from 24,600 Nifty has … Read more
The flood of foreign money into India’s financial sector this year, over $7 billion and counting, is more than a capital infusion. It’s starting to look like the early rumblings of a structural reset in Indian banking. From Federal Bank’s Rs 6,200 crore Blackstone deal to Emirates NBD’s record Rs 26,853 crore bet on RBL … Read more
Shares of Ashish Kacholia-backed Jain Resource Recycling surged 9% to their new 52-week high of Rs 401.30 on the BSE on Friday, October 24, extending gains for a fifth consecutive session after the company reported a strong set of numbers for the second quarter of the financial year FY26. The company’s consolidated net profit for … Read more
The latest round of U.S. sanctions on Russian oil giants has once again stirred the global energy markets, raising questions over crude supply to major buyers like India and China. In an exclusive conversation with ET Now, Geoff Dennis, Global Market Analyst, shared his perspective on the ripple effects of the sanctions, Donald Trump’s diplomatic … Read more
Voters in Ireland are going to the polls Friday to elect one of two women as their new president for the next seven years, a largely ceremonial role in the European Union member country. Catherine Connolly, a left-wing independent lawmaker who has the backing of Sinn Fein and is known for her strong stance against … Read more