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.
President Donald Trump hosted leaders of five Central Asian countries at the White House on Thursday as he intensifies his hunt for rare earth metals needed for high-tech devices, including smartphones, electric vehicles and fighter jets. Trump and the officials from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan held bilateral meetings in the Oval Office before … Read more
ET Intelligence Group: Pine Labs, a digital payment services provider to merchants, plans to raise upto ₹2,080 crore through fresh equity to strengthen cloud infrastructure and repay debt and upto ₹1,819 crore through an offer for sale (OFS). The OFS will be carried out by 10 existing investors including Peak XV, Paypal, and MasterCard Asia. … Read more
Adani Enterprises will spread its proposed rights issue of up to ₹25,000 crore—its largest ever fundraising—over four equal tranches and a period of six-eight months, sources aware of the development said. The company intends to use a significant portion of the rights issue to repay shareholder loans provided by the promoter. This will effectively create … Read more
Wall Street stocks were little changed in early trading Thursday as investors monitor valuations among companies in the AI space and mull the possible outcomes from a Supreme Court hearing on tariffs. Shortly after trading started, the Dow Jones Industrial Average was flat at 47,320.76, while the broad-based S&P 500 crept down less than 0.1 … Read more
Apollo Hospitals Enterprise reported another strong quarter of growth, with consolidated profit after tax (PAT) rising 26% year-on-year (YoY) to Rs 477 crore in the September quarter (Q2FY26), driven by broad-based expansion across its healthcare, diagnostics, and digital health verticals. The company’s consolidated revenue grew 13% YoY to Rs 6,304 crore, supported by steady patient … Read more
Pakistan’s Shehbaz Sharif government is preparing to table the 27th Constitutional Amendment in Parliament, a proposal that could give more power to the military and Army Chief Field Marshal Asim Munir. Deputy Prime Minister and Foreign Minister Ishaq Dar confirmed the move in the Senate, sparking debate over the military’s expanding role in national affairs. … Read more
Mukul Agrawal-backed Ajmera Realty & Infra India announced a 1:5 stock split on Thursday, where each share with a face value of Rs 10 will be subdivided into five equity shares with a face value of Rs 2 apiece. The company will announce the record date in due course. The Ajmera Realty & Infra stock … Read more
India’s Goswami Infratech, a unit of Shapoorji Pallonji Group (SP Group), will complete a bond issue to refinance existing borrowings before the end of January, three bankers aware of the matter said on Thursday. The real estate and civil engineering company is preparing to raise around 250 billion rupees ($2.84 billion) through a two-year zero-coupon … Read more
Analysts said the flat to marginally positive listing was largely in line with expectations, given the muted market sentiment in recent weeks. According to Prashanth Tapse, Senior Vice President – Research Analyst at Mehta Equities, the subscription response to the IPO was a reflection of confidence in Orkla’s fundamentals and brand portfolio. “Despite the IPO … Read more
Bitcoin has been falling again — but unlike in last month’s selloff, it’s not leverage breaking the market. The original cryptocurrency fell as much as 7.4% on Tuesday to dip below the $100,000 mark for the first time since June. That’s down more than 20% from a record high reached a month ago. Bitcoin recovered … Read more