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How EU, G7 Price Cap On Russian Oil Will Affect India?

How EU, G7 Price Cap On Russian Oil Will Affect India?

The European Union (EU) and the Group of Seven (G7) nations decided to cap the price of Russian seaborne crude oil at $ 60 per barrel. Though it won’t impact India because India’s exposure to Russian crude oil is minimal, said Hardeep Singh Puri, Union Minister of Petroleum and Natural Gas.  “Russia is not our…

Arvind Agarwal Quits As Nykaa’s Chief Financial Officer

Arvind Agarwal Quits As Nykaa’s Chief Financial Officer

Arvind Agrawal, Chief Financial Officer at Nykaa, the beauty product retailer, resigned from the company. FSN E-commerce Ventures, the parent company of Nykaa, announced this in a regulatory filing on Tuesday.  Agarwal is leaving “effective close of business hours on November 25 2022, to pursue other opportunities in the digital economy and start-up space,” the…

The Best Business Newspaper In India For Latest Update

The Best Business Newspaper In India For Latest Update

Every shareholder and businessman needs to stay updated with the latest update on the stock market. Missing one key information, big corporate announcements, new deals, and other information such as frauds, scams, and allegations can change the entire game. But how will you stay updated with the current happenings in the stock market? A simple…

40 Under 40 Leaders – Honouring The Excellence Of Young Professionals

40 Under 40 Leaders – Honouring The Excellence Of Young Professionals

The 40 Under 40 list of TradeFlock honours the most notable and successful young professionals in business today. We all know that no two businesses are equal, yet there is some attributes that all successful business people have in common. What are some of the elements that young professionals need to fix a spot in…

Sitharaman To Attend IMF, World Bank Meetings In USA 

Sitharaman To Attend IMF, World Bank Meetings In USA 

Finance Minister Nirmala Sitharaman will attend several meetings on her visit to the United States. Among them, two significant meetings are the International Monetary Fund (IMF) and the World Bank, which will more likely deliberate on the current global economy. These meetings aim to highlight India’s policy priorities and showcase India’s attractiveness as an investment…

World Bank Cuts India’s GDP Forecast to 6.5%

World Bank Cuts India’s GDP Forecast to 6.5%

The World Bank reduced India’s growth prediction for 2022-23 (April-March) by 100 basis points, forecasting that the Indian economy will grow at 6.5 per cent, down from 7.5 per cent in June. India’s GDP registered a growth of 8.7 per cent in 2021-22. The Bank marked in its latest South Asia Economic Focus, issued ahead…

Why Should Investors Expect Recession in 2023?

Why Should Investors Expect Recession in 2023?

Investors should expect a recession in 2023 ━ Jason Trennert, CEO of Strategas Securities, a capital market company, said in an interview. He says there are very few instances in which the inflation rate got something like 8 per cent or 9 per cent where the FED (Federal Reserve System) was able to bring it…

India To Host G20 Summit In September 2023 

India To Host G20 Summit In September 2023 

From December 2023, India will take charge of the G20 president and will host the summit of administrators of the world’s 20 largest economies in New Delhi during the second week of September 2023. As per the statement released by the Ministry of External Affairs, “The G20 Leaders’ Summit at the level of Heads of…

Britain’s Longest-serving Monarch, Queen Elizabeth II, Passed Away At 96

Britain’s Longest-serving Monarch, Queen Elizabeth II, Passed Away At 96

Queen Elizabeth II, whose reign saw Britain transition from the age of steam to the age of smartphones and who oversaw the fairly peaceful disintegration of a once-global empire, has died. She was 96 years old.  As per a statement released from Buckingham Palace, she took her last breath at her Balmoral, Scotland-based mansion on…

Indian-Origin Laxman Narasimhan Will Join Starbucks As New CEO

Indian-Origin Laxman Narasimhan Will Join Starbucks As New CEO

Starbucks named India-born  Laxman Narasimhan its next CEO. The world’s biggest coffee chain has elected an executive who is acknowledged to revive ‘Lysol,’ the disinfectants maker company. As a Chief Executive Officer, Mr Narasimhan has served Reckitt, the company that manufactures Durex condoms, Mucinex cough syrup, and Enfamil baby formula. FTSE-listed Reckitt shares dropped by…