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The Latest Breaking News from Finance

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 · Sep 7

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 · Sep 6

Kyiv to EU: 'Think outside the box' on Russia's frozen assets

Hello, it’s Friday. I’m Mared Gwyn. Today, Ukraine’s Finance Minister shares his thoughts on plans to channel Russia’s immobilised state assets to Kyiv. We also break down the brewing crisis in the Black Sea.

Euronews · Sep 4

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Drafting Scottish budget will be extremely challenging, admits Gilruth

The Deputy First Minister spoke about the tight fiscal siatuation faced by the Scottish Government.

Evening Standard · Sep 2

PR can polish picture of GDP, but not economy itself: Congress slams Modi government

Congress criticizes the government's GDP figures citing former finance secretary Subhash Garg. Garg stated real GDP growth is closer to 2.6 percent. He explained that revising previous year's numbers inflated current growth. The opposition demands the government acknowledge economic realities and implement reforms. They believe PR cannot fix the actual…

The Economic Times · Sep 2

Nirmala Sitharaman pushes deeper India-EU economic ties, critical supply chains

Finance Minister Nirmala Sitharaman met European Commissioner Valdis Dombrovskis to deepen economic ties. They discussed trade, technology, and supply chain resilience cooperation. Sitharaman also met South Korean Deputy Prime Minister Koo Yun-cheol for bilateral talks. Both nations aim to strengthen economic and financial cooperation further. Discussions included investment, critical minerals,…

The Economic Times · Sep 2

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 · Sep 1

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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 · Sep 1

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 · Aug 31

'Too many tasks': What the stressed-out staff at this agency think of their bosses

Staff at the extra-small agency had a demanding year.

The Canberra Times · Aug 30

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 · Aug 29

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 · Aug 29

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 · Aug 26

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 · Aug 26

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Euronews · Aug 25

Canada hits back with tariffs of up to 50% on US goods as trade war escalates

"We will support our workers, our businesses and our industries with whatever it takes, for as long as it takes," Canadian Finance Minister François-Philippe Champagne said on Tuesday.

The Economic Times · Aug 24

Finance Minister to leave for 8-day official trip to Canada, US; focus on deepening bilateral ties

Finance Minister Nirmala Sitharaman will visit Canada and the United States for economic discussions. She will participate in the G20 Finance Ministers and Central Bank Governors meeting in Asheville. Sitharaman will engage with Canadian business leaders and explore investment opportunities. In the US, she will meet with private sector companies…

Bangkok Post · Aug 22

Thailand eyes NZ trade hub role

Thailand is positioning itself as a regional distribution hub for New Zealand goods while seeking greater investment and cooperation in clean energy and agricultural technology, Finance Minister Ekniti Nitithanprapas said.

The Economic Times · Aug 21

Piyush Goyal pitches Singapore as springboard for India’s agri-food exports

Indian ministers promoted agricultural exports in Singapore through a special roadshow event. This initiative aims to expand Indian farmers' and food manufacturers' market presence. The event focused on diverse products including organic items and millets. This effort supports strengthening bilateral trade and economic cooperation between India and Singapore. Discussions also…

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The Economic Times · Aug 20

Private capex confidence still catching up as uncertainty clouds investment decisions

Companies are deferring investments due to uncertain demand and volatile commodity prices. Large capital projects require confidence in future cash flows and pricing. The next investment cycle, FY27 to FY31, expects higher annual expenditure demand. Public investment is key to stimulating private capital expenditure and infrastructure growth. Banks and other…

The Economic Times · Aug 19

Sitharaman asks public sector banks to get ‘cool’ for Gen Z with courses, lifestyle perks

Finance Minister Nirmala Sitharaman wants public sector banks to appear more appealing to young customers. She urged banks to engage directly with youth and understand their banking expectations. A month-long 'Banking for Youth' campaign will launch on October 2 for individuals sixteen and older. Banks will offer free online courses…

The Economic Times · Aug 18

No UPS pension for retirees of this state government; employee body writes to Nirmala Sitharaman, seeks intervention

Retired employees and teachers from the Delhi government are anxiously waiting for their pensions under the Unified Pension Scheme. The All India NPS Employees Federation has appealed to the Finance Minister for a swift resolution of these matters. With many retirees having applied well before the September 2025 cutoff, the…

Bangkok Post · Aug 17

Slower Q2 growth close to ministry's earlier estimate

The slower economic growth in the second quarter was close to the Finance Ministry's previous estimate and confirmed the outlook anticipated by the economic team, particularly regarding the impact of the Middle East conflict, which began in late March and affected the economy in waves throughout the second quarter, says…