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The Latest Breaking News from Finance

LIC’s “term insurance” plan runs into trouble

Fifty years ago, Life Insurance Corporation’s ambitious scheme for “term insurance” for army personnel ran into trouble with the Defence and Finance Ministeries

The Hindu

Gouravelli reservoir work will be over in a week: Harish Rao

Finance and Health Minister T. Harish Rao said that the Gouravelli project would be completed within a week and would be inaugurated by Chief Minister K. Chandrasekhar Rao shortly.

The Hindu

PM defends Gallagher on Higgins text allegations

Anthony Albanese has defended Finance Minister Katy Gallagher following texts relating to rape allegations of former Liberal staffer Brittany Higgins.

The New Daily

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Tesco Ireland slashes price on 700 products in 'turning point' for shoppers in Ireland

Minister for Finance Michael McGrath described the significant reductions as a 'turning point' for Irish customers

Irish Mirror

Slashed borrowing limit: Kerala to prioritise spending

Centre fixing Kerala’s open market borrowing limit at ₹15,390 crore

The Hindu

Financial support to be given to Asramam biodiversity park

The government will provide financial support for the biodiversity park at Asramampark, said Finance Minister K.N.Balagopal

The Hindu

Governor’s comments politically motivated and completely uncalled for: Thangam Thennarasu

A day after Governor R.N. Ravi made remarks about investments and education in Tamil Nadu, Finance Minister Thangam Thennarasu said the Governor’s comments were “politically motivated” and “completely uncalled for”

The Hindu

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American Malayalis can play an important role in the development of Kerala: Balagopal

American Malayalis can play an important role in the development of Kerala, said Finance Minister K.N. Balagopal on Saturday.

The Hindu

All eyes on Cabinet meeting today over modalities of ‘guarantees’

The State Cabinet is meeting on Friday amid expectations on a decision to implement the five pre-poll ‘guarantees’ given by the Congress. While the Finance Department on Wednesday provided multiple options to implement these guarantees through a presentation to the Council of Ministers, the final contours would be known on…

The Hindu

Exclusive-Turkey's new cabinet almost certain to include Simsek - sources

Turkish President Tayyip Erdogan is viewed as almost certain to include former economy chief Mehmet Simsek in his new cabinet, either as finance minister or as a vice president responsible for the economy, four senior officials said.

Reuters

Nottingham City Council finance chief was director of companies which went bust owing £165,000

Councillor Audra Wynter says the coronavirus pandemic "undermined" a "previously successful business"

Nottingham Post

Michael Pascoe: Waiting for other PwC shoes to drop all over Canberra

To mix my metaphors, there is a footlocker of shoes yet to drop from the PricewaterhouseCoopers scandal – and not on PwC.

The New Daily

State needs clarity on reduced borrowing limit: Balagopal

The Kerala Government will take up the matter of its reduced open market borrowing (OMB) limit with the Centre, Finance Minister K. N. Balagopal indicated on Tuesday, saying that the State needs clarity on its borrowing space for the fiscal.

The Hindu

‘I don’t know’: Finance Minister’s honest admission about PwC tax scandal

The government cannot directly say if it can stop doing business with PwC, a firm whose ex-CEO allegedly leaked Australian tax secrets.

The New Daily

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The Hindu

Karnataka portfolios: Siddaramaiah keeps Finance, Shivakumar gets Irrigation, Bengaluru development

Karnataka Chief Minister Siddaramaiah has allocated portfolios to ministers in his Cabinet, keeping the Finance department with himself while assigning the Irrigation and Bengaluru City Development departments to his deputy D. K. Shivakumar.

The Hindu

Congress will ‘compel’ Centre to implement old pension scheme in entire country: Rajasthan CM Gehlot

Rajasthan Chief Minister Ashok Gehlot on Sunday said the Congress will “compel” the Centre to implement the old pension scheme (OPS) in the entire country.

Tribune News Service

NC Republican lawmaker loses his leadership role after racist question on House floor

Two Republican members of the North Carolina House have resigned from leadership positions within their caucus.

Dublin Live

Finance Minister Michael McGrath says he will not let Fine Gael TDs to ‘bully him’

It comes amid reports that tensions are growing in the coalition over perceived “solo runs” from Fine Gael in recent days

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The New Daily

Federal police confirm investigation into PwC

A police investigation has been launched into one of the big four consultancies PwC as the federal government seeks to review a range of contracts.

Chicago Sun-Times

Johnson wins first test of City Council muscle

By a 41-9 vote, Mayor Brandon Johnson reshaped the City Council in his progressive image.

The Hindu

Palaniswami diverting attention from corruption charges against his party colleagues, says Thennarasu

After AIADMK leader Edappadi K. Palaniswami criticised Chief Minister M.K. Stalin’s official visit to Singapore and Japan, Finance Minister Thangam Thennarasu said Mr. Palaniswami was trying to divert attention from the acts of corruption committed by two Ministers of the AIADMK government

Irish Mirror

Michael McGrath says he won't be 'bullied' by Fine Gael during budget negotiations

Finance Minister Michael McGrath says that there will be lots of "kites flown" between now and the budget which will be held in October.

The Hindu

Digitalisation will make revenue services more transparent: Minister

Finance Minister K.N. Balagopal was laying the foundation stone for the Valakam smart village office.

The Hindu

₹2,000 notes banned with an eye on polls: Isaac

The decision to pull out the ₹2,000 denomination currency notes from circulation is a surgical strike of the Bharatiya Janata Party (BJP) government ahead of the coming Parliament and Assembly elections, former Finance Minister T.M. Thomas Isaac has said.

Newsroom.co.nz

Budget's main relief slow to land for parents

The cornerstone of the Government’s cost-of-living package won’t kick in for almost a year. It isn’t the big ideas Budget Grant Robertson would have liked to deliver and leaves it exposed to attacks from the Opposition in election year, writes political editor Jo Moir.

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