News media has evolved a great deal, from newspaper to television, and from television to Internet. Online media has played a large role in taking the news to much wider audience. Business media caters to a section of the society that is interested in this kind of news.
News, as some believe, tells what’s happening NEW and the NEWS word is just the plural of it. However, as per folk etymology, the word NEWS stands for all the four directions – North, East, West and South. In any case it tells us an update of what’s going on.
There was no proper media for news until the 17th century, when the newspapers came into being. The typesetting technology fostered the beginning of newspapers. Before that, it were the couriers who circulated the news. With time the new media kept on evolving. In 20th century, Business News emerged as a distinct stream of news.
The technology has evolved a great deal and so has the media for news, from Paper to Television, and from Television to Internet, more advances have come in the late 20th century than the rest of the history. With the advent of Internet, News has made its reach much wider.
Business news, as the name tells, is all about the business and commerce. Today, there are dedicated news channels, newspapers, magazines and digital media groups. This section of media caters to a section of the society that is interested in this kind of news.
With business news one can get
Updates about the Stock Market: There was a time when people lost a lot of their money in stock market through ignorance and carelessness. Now, with the stream of stock market news and experts’ advice on disposal, there is little chance that an updater investor would lose his/her money. News channels keep giving the updates about the trends in stock market. There are interviews with people who know as well about the markets as the back of their hands. This helps the medium and the small investor to minimize the risk while putting in their hard earned money. One also can check how particular stocks stand in the market and get instant expert advice by contacting the experts.
Information About Corporate World: These news networks keep a full coverage to what’s going on in the corporate world. They keep track of all mergers and takeovers and keep interested people informed. As the goings on in the corporate world have bearing on the stock market, it is important for the people to keep themselves updated about the corporate sector.
Budget Analysis: The budget gives an idea about the government policies regarding industry. This is the reason people are interested in knowing about the government’s outlook regarding various industries and budget gives enough indication. Hence, whenever the government announces the budget, there is full coverage on the TV, with complete analysis. Reactions from the common citizens are also accommodated in the budget. News channels simplify the budget report so that a common man can also understand what the budget aims for and what impact it would have on the industry.
Product/Service Reviews: Business news media provides the product/service reviews which tell us about particular products or services and advice whether they should be bought or not. These programs are very useful for the people who have little or no knowledge about new gadgets and services. More aware is the consumer, better is the service.
Business news media plays an important role in keeping the public updated about the world of business and commerce. Business news channel are usually region specific.