Finance

Global Forex Reserves See A Record Decline Of $1 Trillion

Global Forex Reserves See A Record Decline Of $1 Trillion

Global foreign-currency reserves are declining rapidly as the central banks of India and the Czech Republic step in to support their currencies. This year reserves have fallen by around 7.8% ($1 trillion). It is the biggest decline since Bloomberg began gathering data.  Valuation changes have contributed significantly to this downturn. The dollar’s rise to two-decade…

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…

5 Best Accounting Software For Your Business

5 Best Accounting Software For Your Business

We have left those days far behind when someone seasoned in handling MS Excel was considered an accounting professional. Today, we have multiple software that makes accounting swift and easy. Different accounting software has different features and capabilities therefore, you must know their characteristics to choose the best accounting software as per your business needs…

10 Best Leaders from Finance in India 2022

10 Best Leaders from Finance in India 2022

As the economies around the world are slowing down, the role of financial leadership has become more significant. Currently, their priorities are restoring their organisation’s bottom line and sailing it through this financially challenging time without much hassle. Additionally, the attributes of top leaders in finance keep evolving over the years.  TradeFlock interviewed many financial…

BSNL-MTNL Merger Proposal Postponed Due To Financial Reasons

BSNL-MTNL Merger Proposal Postponed Due To Financial Reasons

On Wednesday, the Ministry of State for Communication informed the parliament that the government of India has postponed the merger of state-owned telecom companies BSNL and MTNL because of financial reasons. Devusinh Chauhan, honourable Minister of State for Communications, has given a written reply in the upper house (Rajya Sabha) stating that the merger proposal…

Easy & Proven Tips To Get Instant Approval On Car Loan

Easy & Proven Tips To Get Instant Approval On Car Loan

The luxury and convenience of having a car are undebatable, and we all dream to have a car of our own choice for our long and short distance travelling needs. Applying for a car loan is an easy way to make our dream come true, but it can be complicated if you don’t know what…

Turnaround Strategy- Definition, Stages And Elements

Turnaround Strategy- Definition, Stages And Elements

Most corporate organisations fail due to mismanagement. When a corporate organisation encounters economic distress, the organisational management puts a strategy or plan to get things back on track and call it a turnaround strategy. Moreover, when a plan or strategy doesn’t work as expected, the leadership corrects it through specific actions or restructuring under the…

Mutual Fund SIP Contributes to Set a New Record In August

Mutual Fund SIP Contributes to Set a New Record In August

The investment in the mutual fund continued to surge in August, shows data released from the Association of Mutual funds in India (AMFI).  With monthly SIP contributions rising to Rs. 9,923 crore, new SIP registration now reached 25 lakh, the highest number ever. The number of registrations last month was nearly 2.5 times higher than…