The new definition will only be applied to mining, Union environment minister Bhupender Yadav has clarified adding that no ...

Discover what administered prices are, their role in economies, examples from history, and how they impact supply, demand, and economic efficiency.

An economic derivative is a financial contract where payouts depend on future economic indicators. It helps manage risk and speculate on economic forecasts.

A Supreme Court-backed redefinition of the Aravalli Hills has sparked concerns over mining, groundwater loss and air pollution across northern India.

By Taylor Williams “Economic development is the process of improving the economic well-being and quality of life for a ...

This deal is dependent on a special dispensation from the government — one achieved after substantial lobbying.

US President Donald Trump sharply escalated his administration’s immigration agenda on Thursday, announcing that he would “permanently pause migration from all Third World Countries” following the ...

January 20, 2025, Paper: "Wepropose an economic definition of price gouging: Price gouging occurs when low ering the price from the market-clearing level would increase total Utilitarian welfare. In a ...

Imagine two companies, both reporting a profit of $5 million. At a glance, they seem equally successful. But what if one of those companies needed $100 million in investor capital to generate that ...

Budget surpluses occur when income exceeds expenses in any budget. Economic surplus arises when supply outstrips demand, lowering prices. Producer surplus increases with cost reductions from ...

Nonfarm payroll data offer insights on employment and the state of the U.S. economy. The term nonfarm payrolls, broadly defined, refers to the number of jobs in the private sector and in government—be ...

Economic profit contrasts from net income by subtracting both usual costs and missed alternative profits. Short-term economic losses may lead to long-term gains if underlying business strategies ...