Finance in simple terms | What is Finance?

21:28:00 Nandan Bhalwankar 0 Comments

Finance is a broad term that describes activities associated with banking, leverage or debt, credit, capital markets, money, and investments. Basically, finance represents money management and the process of acquiring needed funds. Finance also encompasses the oversight, creation, and study of money, banking, credit, investments, assets, and liabilities that make up financial systems.

  1. Finance encompasses banking, leverage or debt, credit, capital markets, money, investments, and the creation and oversight of financial systems.
  2. Basic financial concepts are based on microeconomic and macroeconomic theories. 
  3. The finance field includes three main subcategories: personal finance, corporate finance, and public (government) finance.
  4. Financial services are the processes by which consumers and businesses acquire financial goods. The financial services sector is a primary driver of a nation’s economy.

0 comments:

Post a Comment

Russia-Ukraine crisis | Explosions heard in Kyiv as Russia presses Ukraine assault

21:21:00 Nandan Bhalwankar 0 Comments

 

Ukraine has severed diplomatic relations with Russia after Moscow launched an all-out invasion of Ukraine by land, air and sea on Thursday, the biggest attack by one state against another in Europe since World War 2.


Multiple explosions were heard in Kyiv in the early hours of Friday, according to news agency AFP. These set off day two of shelling and fighting after Russian President Vladimir Putin announced the ‘military operations’ in Ukraine. Earlier, Ukrainian President Volodymyr Zelenskyy said 137 people, including 10 military officers, have been killed and 316 people injured so far.

Meanwhile, US President Joe Biden said Washington will intervene if Putin moves into NATO countries, stressing that if his Russian counterpart is not stopped now, he will be emboldened. The countries on NATO’s eastern flank, especially the Baltic states of Lithuania, Latvia and Estonia, all have received the first batches of US military troops and equipment.

In the wee hours of Friday, Ukraine said it lost control of the Chernobyl nuclear site, the site of the 1986 disaster, and the staff at the Chernobyl plant had been “taken hostage”. World leaders have decried the invasion and announced sanctions on Russia. China, meanwhile, continues its support of the Kremlin with its customs agency approving imports of wheat from all regions of Russia.

0 comments:

Post a Comment

Subscribe to: Posts (Atom)