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The Latest Breaking News from Finance
Just ahead of the Punjab assembly elections, the Aam Aadmi Party made a major change in its Political Affairs Committee (PAC), the party's highest decision-making body. Punjab Chief Minister Bhagwant Singh Mann and Finance Minister Harpal Singh Cheema have been inducted as members of the AAP's PAC.
The Economic Times ·
Nirmala Sitharaman and IMF Deputy MD Nigel Clarke discuss India's economic outlook and global growth
Finance Minister Nirmala Sitharaman met with IMF Deputy Managing Director Nigel Clarke on Monday. They reviewed India-IMF relations and acknowledged India's role in SARTTAC. Discussions covered India's growth trajectory and global economic changes. The IMF official highlighted India's economic performance and resilience amid global challenges. Clarke also praised government efforts…
The Economic Times ·
Israel cuts fuel tax as US-Iran conflict pushes up gasoline prices
Israel's finance minister ordered a fuel excise tax cut for two months. This action addresses the recent surge in gasoline prices across the nation. Petrol prices reached an all-time high, causing public dissatisfaction and concern. The tax reduction aims to lower the price of gasoline per litre. Global oil prices…
The Economic Times ·
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Rahul Gandhi should apologise for spreading falsehood on Indian economy: BJP
The BJP has lauded Prime Minister Narendra Modi for achieving an impressive 7.8 percent GDP growth. Senior BJP figure Ravi Shankar Prasad attributed this success to the financial acumen of Finance Minister Nirmala Sitharaman. He also challenged Congress leader Rahul Gandhi to apologize for his negative economic assessments, asserting that…
The Economic Times ·
Japan's 10-year yield hits 3%, a first since 1996 as rate hikes dominate the G20
Japan's 10-year government bond yield touched 3% on Tuesday for the first time since 1996, part of a deepening global sovereign debt sell-off, while US Treasury Secretary Scott Bessent used the G20 finance meeting to press Tokyo for faster rate hikes.
Euronews ·
G20 finance chiefs gather in North Carolina with Iran sanctions and tariffs in focus
Finance ministers and central bank governors from the world's largest economies meet in Asheville, North Carolina, on Monday and Tuesday, hosted by a US administration that is simultaneously pressing allies to help isolate Iran financially and imposing tariffs on several of them.
Euronews ·
GST Council's 57th meeting to be held on September 12, officers' meeting on September 11
The 57th Goods and Services Tax Council meeting will convene on September 12, 2026. An Officers' Meeting will precede it on September 11 in New Delhi. Details regarding the venue and agenda will be communicated shortly. The memorandum has been sent to various government offices and state finance ministers. The…
The Economic Times ·
Manufacture in India, build for the world: Sitharaman urges global investors
In a strategic appeal, Finance Minister Nirmala Sitharaman encouraged global investors to set up manufacturing and innovation centers in India. She underlined the country's diverse growth trajectory and the wealth of long-term investment prospects it offers. With its talented workforce and expansive market potential, India is positioned as a prime…
The Economic Times ·
India has fixed its PSU banks. Now comes the more ambitious part
The EAC-PM has proposed consolidating India’s public sector banks into a few large, comparable institutions to meet rising credit demand and finance the country’s growth towards Viksit Bharat 2047. The recommendation comes after a major PSB turnaround, with stronger profits, lower NPAs and faster credit growth. Larger banks could better…
The Economic Times ·
Fastest-growing India has scale, growth and a young population, Sitharaman tells Canadian investors
Finance Minister Nirmala Sitharaman urged Canadian investors to tap India’s fast-growing economy, highlighting its scale, young population, expanding consumption, digital infrastructure and deepening capital markets. She also stressed opportunities in fintech, payments and financial services, as India and Canada strengthen economic ties through CEPA negotiations, uranium cooperation and plans to…
The Economic Times ·
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