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Finance

Finance

The industry regarding the management, creation, and study of money and investments.

Finance refers to activities regarding the management, creation, and study of money and investments. Specifically, how an individual, company or government acquires capital and how they spend or invest that capital. Finance can be divided broadly into three distinct categories: public finance, corporate finance, and personal finance.

A major focus within finance is thus investment management – called money management for individuals, and asset management for institutions – and finance then includes the associated activities of securities trading and stock broking, investment banking, financial engineering, and risk management. Fundamental to these areas is the valuation of assets such as stocks, bonds, loans, but also, by extension, entire companies. Asset allocation, the mix of investments in the portfolio, is also fundamental here.

Timeline

Further Resources

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News

Title
Author
Date
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Description
September 5, 2021
The Economic Times
Data available from the Controller General of Accounts in the Union Ministry of Finance showed excise duty collections during April-July 2021 surging to over Rs 1 lakh crore, from Rs 67,895 crore mop-up in the same period of the previous fiscal.
August 29, 2021
The Economic Times
In a letter shot off to the prime minister on August 25 this year, the body argued that if the pensions of the Members of Parliament and Members of Legislative Assemblies are not taxable, then why does the government levy income tax on the pension of retired employees.
Zee News
August 29, 2021
Zee News
Pensioners body Bharatiya Pensioners Manch has urged Prime Minister Narendra Modi to exempt pension from income tax to provide relief to the senior citizens in the country.
August 24, 2021
Moneycontrol
The economy is moving gradually from a bank-led lending model to a market-based finance model, the finance minister said during meetings with corporate leaders and top tax officials.
August 16, 2021
WebWire
Accounting is one of the most important aspects that every company has to take into consideration. Leveraging technology to improve accounts and avoid scares is something that every company should have among its main objectives. Ann Marie Puig, a successful entrepreneur, financial expert and philanthropist from Costa Rica, offers the reasons why automating accounting processes is beneficial to company growth. Finance management is an obvious benefit. A good option to improve financial ma...
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References

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