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.
cmp: Rs 1,135.70 target price: Rs 1,246 Prabhudas Lilladher has a ���reduce��� rating on Infosys Technologies as it feels that the outlook for the company and the software industry is quite weak in the near-term. ���While we expect Infosys to perform better than most other players in the industry, we rate the stock ���reduce��� with … Read more
AHMEDABAD: Its too late and too little done in the US to come out of the financial turmoil, a crisis of 240 trillion $ cannot be stemmed with bailout packages of 1 to 10 trillion $, Arun Kumar, professor at Jawaharlal Nehru University said here on Thursday. “When the US president elect Barrack Obama assumes … Read more
The global economic crisis is beginning to weigh heavily on India Inc���s balance sheet, courtesy the depreciating rupee. While a weakening rupee might bring cheer to export-oriented sectors such as IT and textiles, it has pushed up the foreign exchange liabilities of Indian companies. Accounting rules, called AS-11 provisions, make it mandatory for companies to … Read more
At the recent low of 12514 points, the Sensex has tested the 12800-12000-pts support zone and has since then attempted a corrective rally. During the past trend phases in the Sensex, a monthly moving average convergence/divergence (MACD) cross-down below its trigger line, have, typically, led to a significant value erosion, with the corrective phase lasting, … Read more
NEW DELHI: Notwithstanding the turmoil in global economic environment, as many as six Indian firms, including Reliance Comm and Bharti Airtel, have been named among top 100 best-performing infotech companies in the world by a US magazine BusinessWeek. The BusinessWeek’s latest annual list ‘The Infotech 100’, which ranks the firms on the basis of shareholder … Read more
LONDON: The upheaval in stock market has taken a toll on the global rankings of Indian companies, with 14 of them present in a new list of world’s 500 most valued firms together seeing an erosion of about $150 billion in their market value in the first three months of this year. While 13 of … Read more