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.
China’s factory activity contracted in May, according to an official survey released on Saturday, although the decline slowed from April as the country reached a deal with the U.S. to slash President Donald Trump‘s sky-high tariffs. China’s purchasing managers index rose from 49.0 in April to 49.5 in May, the National Bureau of Statistics said. … Read more
NEW YORK – The S&P 500 ended a volatile session little changed on Friday as U.S. President Donald Trump slammed China before sounding upbeat about reaching a trade deal, but the benchmark index tallied its biggest monthly increase since November 2023. The Nasdaq also registered its biggest monthly percentage gain since November 2023. May was … Read more
New Delhi, Coffee Day Enterprises Ltd has reported a narrowing of its consolidated net loss to Rs 114.16 crore in the fourth quarter ended March 2025. It had reported a loss of Rs 296.40 crore in the January-March period a year ago, according to a regulatory filing from Coffee Day Enterprises Ltd (CDEL) on Thursday. … Read more
New Delhi, Mining conglomerate Vedanta Ltd on Friday said the committee of directors has approved raising up to Rs 5,000 crore via issuance of debentures. The committee approved issuance of 5 lakh unsecured, rated, listed, redeemable NCDs of face value of Rs 1 lakh each on a private placement basis, as per a regulatory filing … Read more
U.S. President Donald Trump would have the power to retaliate against countries that impose special digital service taxes on large U.S. technology companies like Amazon and Alphabet, under a provision in the sweeping tax bill that Congress is considering. “If foreign countries want to come in the United States and tax US businesses, then those … Read more
Donald Trump relished his favorite versions of tacos during his first presidential term. “The best taco bowls are made in Trump Tower Grill,” he tweeted in early 2016, sharing a photo of himself chowing down on a large serving at his desk. “I love Hispanics!” These days, tacos aren’t Trump’s thing. More precisely, the version … Read more
France plans to ban smoking on beaches, in parks, outside schools and in other locations from July to protect children, the government said. The ban, which follows similar measures across an increasingly smoking-averse Europe, will exempt cafe outdoor terraces and will not apply to electronic cigarettes. “Where there are children, tobacco must disappear,” Health and … Read more
Unusually warm sea temperatures in the North Atlantic are disrupting marine ecosystems, leading to a sharp rise in octopus catches along the English Channel and raising concerns among scientists and fishing communities. Fishermen along the English Channel have reported a dramatic increase in octopus hauls this season, with some landing nearly 50 tonnes in a … Read more
Shares of Samvardhana Motherson rose over 4% to Rs 158.60 on the BSE on Friday after the company reported a 20% year-on-year (YoY) increase in net profit for Q4FY25, and announced a 1:2 bonus issue. The auto component major posted a net profit of Rs 1,050.5 crore for the March quarter, up from Rs 878.63 … Read more
Investors booked profits in gold amid volatility linked to Trump-era tariff concerns, with June gold futures on the MCX opening lower by Rs 592, or 0.62%, at Rs 94,797 per 10 grams on Friday. This came despite preliminary GDP data showing a contraction, which had boosted bullion’s safe-haven appeal in the previous session. Despite ongoing … Read more