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.
PTC India Financial Services Limited (PFS) on Friday said its board has approved a proposal to sanction Rs 800 crore as loan to borrowers. PFS is a non-banking finance company promoted by PTC India Limited. A “board meeting dated December 9, 2022 (Friday) sanctioned additional loans of Rs 800 crore to various borrowers,” the company … Read more
The civil society, comprising farmers’ groups, trade unions, patient groups, traders, women’s rights organisations, academia and NGOs, on Friday opposed the proposed India-EU free trade agreement, the third round of whose negotiations concluded this week, citing adverse impact on farmers, fishers, patients, traders and New Delhi’s digital industrialisation strategy. Representatives of the the Forum for … Read more
Wall Street‘s main indexes slipped on Friday as a higher-than-expected rise in monthly producer prices fanned fears that the Federal Reserve could stick to aggressive interest rate hikes for longer. Producer prices climbed 7.4% last month on an annual basis, the Labor Department’s report showed, compared with economists’ expectations of a 7.2% increase. The rise … Read more
Markets have been moving sideways again for quite sometime now. However, no major change on the overall trend yet. Weekly expiry option for Nifty witnesses PE writers actively adding their positions at 18,600PE – over 56 lakh shares OI, with fresh additions of more than 45 lakh shares. CE writers’ exposure lies at 18,600CE /19,500CE … Read more
“I believe the Bank Nifty will take Nifty to the higher side. I am looking for a target of 44,500 for the Bank Nifty,” says Swati Ananda Hotkar, Nirmal Bang Securities. What is your outlook for the markets going ahead? Also, what are your top stock picks?Since the last two days Nifty has not been … Read more
Shares of zoomed as much as 15%, scaling new 52-week highs during the Friday’s trading session on the back of heavy volumes and strong technical set up on charts. Furthermore, the bank has moved the National Company Law Tribunal (NCLT) to initiate a corporate insolvency resolution process (CIRP) against Digital Ventures, a wholly-owned unit of … Read more
How secure are smart locks? Read this to know It is no longer necessary to use a key to unlock a door because of smart locks, also known as keyless door locks. A mobile app allows for this kind of device administration. In order to enter a code, there is a keypad on the lock. … Read more
How secure are smart locks? Read this to know It is no longer necessary to use a key to unlock a door because of smart locks, also known as keyless door locks. A mobile app allows for this kind of device administration. In order to enter a code, there is a keypad on the lock. … Read more
“The next leg of growth will come from BAM (B)anking, (A)uto & Auto Ancillaries and (M)anufacturing stocks,” says Manoj Bahety, CFA, Founder at Carnelian Capital Advisors LLP. In an interview with ETMarkets, Bahety, said: “We also like telecom space in India, which after years of consolidation is well placed to reap benefits of operating leverage, … Read more
The year 2022 has turned out to be a historic one for index stock not in one, but many ways. Companies in the fast moving consumer goods sector have had a tough year grappling with skyrocketing commodity prices, sluggish rural demand, and weak profitability. But sector majors such as have managed to maneuver these hurdles … Read more