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The Latest Breaking News from Finance

Adobe’s CFO is helping steer the company’s path into generative AI

“The finance organization has a seat at the table,” says Dan Durn.

Fortune

PwC spin-off given go-ahead for government contracts

Scyne Advisory, the spin-off company of PwC's government consultancy arm, has been allowed to work on public sector projects following a department probe.

AAP

Satheesan accuses Sivankutty of nepotism in KILE appointments

Opp. accuses Kerala govt. of nepotism, CM of favouring family. Govt. accused of violating oath of office, making backdoor appointments. Finance dept. raised red flags. KILE chairman denies charges, says followed rules.

The Hindu

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Learn from lapses in Karuvannur bank, says former Kerala Finance Minister Thomas Isaac

Kerala government must act against those responsible for Karuvannur Co-op Bank irregularities; audit process must be strengthened. T.M. Thomas Isaac urges political parties to oversee functioning of banking institutions, be accountable to public. Govt must take corrective steps, use this opportunity to correct mistakes.

The Hindu

Bhutan planning to slash ‘expensive’ airfares to boost tourism

In a move to boost tourism in the country, Bhutan has announced plans to reduce the 'expensive' airfares for visitors travelling to the country. As per the country's Finance Minister, this step would result in an uptick of travellers to the country and increase the number of visitors visiting the…

The Times of India

Finance department approves revised estimate of Nerekadavu-Makkekadavu bridge project

The Hindu

Kollam Port should be made operational : Minister

Finance Minister K. N. Balagopal has directed that passenger ships services from the Kollam port should be arranged within three months.

The Hindu

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Regularisation of services of contract employees gets Legislative Assembly nod

The services of 10,117 employees, who were serving on contract basis prior to June 2, 2014, will be regularised, says Finance Minister Rajendranath Reddy

The Hindu

Menendez's Finance panel seat would have no shortage of suitors - Roll Call

Sen. Bob Menendez’s sought-after seat on the Finance Committee could — eventually — open up as a result of the scandal.

Roll Call

Infrastructure development a priority: Balagopal

The government has been doing everything needed for the comprehensive development of the State including the construction of best-quality roads, hospitals and schools, Finance Minister K.N.Balagopal said in Kollam on Sunday.

The Hindu

Govt. to upgrade playgrounds in all panchayats: Minister

The government’s policy is to upgrade the playgrounds in all panchayats, said Finance Minister K. N. Balagopal while inaugurating the construction of a stadium at Kareepra Kuzhimathicaud Government Higher Secondary School.

The Hindu

Entertainers, athletes looped in to Taiwan tax benefits - Roll Call

A pair of senators who represent cities with iconic music and entertainment scenes teamed up to aid Taiwanese artists and athletes.

Roll Call

Siddaramaiah orders probe into alleged irregularities in Kidwai Memorial Institute of Oncology

Following allegations of large-scale irregularities in the State-run Kidwai Memorial Institute of Oncology (KIMIO), Chief Minister Siddaramaiah has ordered a probe by a team of senior officials, including IAS officers from the departments of Cooperation and Finance. The team has been asked to submit its report in two weeks. An…

The Hindu

Hopeful for Women’s Bill, only PM Modi can get it done, says Vanathi Srinivasan

Vanathi Srinivasan, BJP Mahila Morcha Chief, is hopeful Women's Reservation Bill will be cleared soon. PM Modi has focus and intent to get it done. He has empowered women in ministries like Defence, Finance and External Affairs. BJP rooted in sanskriti and adopting changes needed by society. MP government's income…

The Hindu

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The Independent UK

Israel's finance minister now governs the West Bank. Critics see steps toward permanent control

Prime Minister Benjamin Netanyahu’s government has quietly taken steps toward cementing Israel's control of the West Bank with Finance Minister Bezalel Smotrich leading the way

The Hindu

‘Skill development scam’: Chandrababu Naidu’s arrest a conspiracy hatched by Chief Minister Jagan, alleges TDP leader Somireddy

Why is the CID not questioning former Finance Secretary Ajeya Kallam Reddy and former A.P. Skill Development Corporation Managing Director Prem Chandra Reddy in the scandal, asks Somireddy Chandramohan Reddy.

The Hindu

UDF locks horns with LDF in Assembly over ‘inefficient MPs’ charge

UDF MPs accused of not supporting State's interests in Parliament; heated exchange between both fronts; LDF blames Congress' fear of BJP; UDF blames LDF's inept fiscal management; UDF stages walkout; UDF claims Centre's policies to blame for financial crisis.

The Hindu

Uttar Pradesh approves formation of industrial township in Bundelkhand

An Uttar Pradesh Cabinet meeting headed by Chief Minister Yogi Adityanath on Tuesday approved the formation of a new industrial city in Bundelkhand region, aimed at developing it on the lines of Noida. Uttar Pradesh made a provision for additional ₹5,000 crore for the project. Finance and Parliamentary Affairs Minister…

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Dynamite News

Transport Mantri Nitin Gadkari proposes 10% GST on diesel vehicles as pollution tax

Gadkari said, “I am requesting the Finance Minister to impose an 10 percent GST on diesel engines/vehicles." Read further on Dynamite News:

Newsroom.co.nz

Recession to end but Govt surplus delayed a year

The pre-election forecasts offer a rosier picture of the economy, with wages growing ahead of inflation, but tougher times for the Government’s own books.

The National (Scotland)

'No decisions' made yet on tax rises at next Scottish Budget, says Shona Robison

FINANCE Secretary Shona Robison has said there have been “no decisions” made yet regarding raising taxes at the next Budget.

The Hindu

New Delhi declaration ‘almost ready’, says India’s G-20 Sherpa, as Ukraine para remains sticking point

G-20 Sherpa Kant says joint declaration "almost ready"; India able to bring all countries on board with its priorities. Negotiations on finance, climate action, phasing out fossil fuels, and debt restructuring have seen considerable movement. Leaders to discuss declaration and other issues on September 9 and 10; if no agreement,…

The Hindu

Madras High Court takes up two more suo motu revision petitions against discharge of Tamil Nadu Minister I. Periyasamy, former Minister B. Valarmathi from corruption cases

The present revision had been taken up against an order passed by an Additional Special Court for MP/MLA cases in Chennai on March 17, 2023.

The Hindu

KSRTC sets new record in daily collection with ₹8.79 crore

The Hindu

State government likely to borrow from welfare boards

Govt to borrow from welfare boards to address liquidity crunch. Sources say decision to be taken post-Onam after assessing cash position. Previous govts have resorted to this option, rarely in recent times. FM Balagopal pegged Onam expenses at ₹18,000 crore.

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