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 vowed to use its big market to help companies cope with “external shocks”-a sign officials are eager to ensure exporters navigate the trade conflict with the US. “The domestic market offers strong backing for enterprises involved in foreign trade,” the Commerce Ministry said in a statement on Friday, citing a meeting in Beijing attended … Read more
Pakistan has expelled over 80,000 Afghan nationals since the end of March, a senior official said on Friday, as part of a repatriation drive ahead of the April 30 deadline. Afghan nationals who have no legal documents to stay or those holding Afghan Citizen Cards had been warned by Islamabad to return home or face … Read more
Gold prices fell by Rs 400 per 10 grams on Thursday as investors chose to book some gains following a stellar rally which saw yellow metal rates hit a fresh lifetime high of Rs 95,935 on the MCX in the preceding session. Given the current uncertainties, the outlook remains bullish for gold bulls with only … Read more
Yes Bank is expected to report double-digit growth in its March quarter earnings, with net profit rising by 35–44% on a year-on-year basis, according to estimates by a couple of brokerages. The topline could be in the range of Rs 608 crore to Rs 652 crore in Q4FY25. The lender’s Net Interest Income (NII) could … Read more
While earnings season has started, HDFC Bank’s earnings on Saturday, April, 19, 2025 will be a curtain raiser for the BFSI pack. Brokerage Motilal Oswal FInancial Services (MOFSL) remains bullish on banks, expecting outperformance. NBFCs could pivot back to growth, it said. Based on reasonable valuations and a healthy growth outlook, MOFSL has curated a … Read more
India’s second-largest private lender, ICICI Bank, could report a double-digit growth in its March quarter net profit, according to estimates by four brokerages. The bottomline range is seen between Rs 11,822 crore and Rs 12,350 crore, which could be a 10-15% uptick on a year-on-year basis. Lender’s net interest income (NII), which is a difference … Read more
Following a 12% year-on-year (YoY) decline in Infosys‘ March quarter consolidated net profit and lower-than-estimated revenue, brokerages have slashed their target prices while retaining a ‘Buy’ rating on the stock. Nuvama Institutional Equities and Emkay Global revised their targets downward amid topline miss and prevailing uncertainties. On Thursday, India’s second-largest IT services company by market … Read more
In 2025, the SME market in India has been muted, where subscriptions have dried up, and the returns have also not been that great. High volatility in the broader equity market and cautious investor sentiment have restrained the growth of many. However, there have been a few outliers that bucked this trend and gave up … Read more
‘We expect a 10–11% growth in the Nifty over the next year. If you choose the right mutual funds, fund managers could potentially generate 3–4% alpha above that, so a 13–14% return is quite realistic,’ says Chirag Muni, Executive Director, Anand Rathi Wealth Ltd. Excerpts: Q: How are global macro trends like US tariffs and … Read more
Pakistan authorities decided to make a fresh effort to sell the state-owned airline after the botched attempt last year, it emerged on Friday. Privatisation of the cash-strapped Pakistan International Airlines (PIA) has been on cards for years but a serious bid was made in 2024 but it failed when the government failed to attract any … Read more