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The Latest Breaking News from Finance

Government's MUDRA loan scheme 'practically worthless' in promoting businesses: Senior congress leader Chidambaram

The former Finance Minister also said he is not surprised that the non-performing asset ratio is the highest under the MUDRA loan scheme.

The Hindu

Skill parks will be extended to more places : Finance Minister

Vocational courses and skill training programmes inaugurated as part of ASAP

The Hindu

Officials pile pressure on Bank of Thailand to shield baht

The Bank of Thailand (BoT) and the Finance Ministry will soon meet to discuss the baht after it tumbled to the lowest in nearly 16 years, signalling growing concerns among officials that the currency slump can threaten a tepid recovery and stoke inflation.

Bangkok Post

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Govt's income insurance plans prove polarising

Businesses and unions are at odds over the merits of a social unemployment scheme.

Newsroom.co.nz

Acting PM Prawit asks Finance Ministry to monitor weak baht

Acting Prime Minister Prawit Wongsuwan has asked the Finance Ministry to closely monitor the weak baht and its volatility and seek broad opinion to determine policies, a government official said on Tuesday.

Bangkok Post

New law forces Student Loan Fund rejig

The Student Loan Fund needs to review its management to ensure sustainability, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

State facing a tough financial scenario after Onam

Govt. reportedly staring at an overdraft situation

The Hindu

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Nirmala Sitharaman initiates crackdown on illegal loan apps

The Union Finance Minister asks RBI to prepare a 'Whitelist' of legal loan apps

The Hindu

Arkhom pushes insurance variants

The Office of the Insurance Commission should consider approving insurance that covers environmental damage and damage to state infrastructure, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

Katy Gallagher and Stuart Robert call for investigation into Greywolf Resources on Q+A, after Aussies lose millions

The Shadow Assistant Treasurer joins calls for ASIC to look into Greywolf Resources, after dozens of Australians lose their hard-earned savings by investing in the purported mining exploration business.

ABC News

Viral claims are blaming a surge in excess deaths in Europe on vaccines. But experts say that's not the case

A jump in the number of deaths among children in Europe could be caused by numerous factors, experts said, but vaccines are not to blame.

ABC News

Economy likely to grow at 7-7.4% in FY23, says finance secretary

NEW DELHI: The government is expecting the economy to grow at 7-7.5 per cent in 2022-23, in line with its projections made at the beginning of this financial year.

The Times of India

On course to achieve fiscal deficit target, says finance secretary Somanathan

NEW DELHI: Finance secretary TV Somanathan on Wednesday exuded confidence that the fiscal deficit target of 6.4 per cent of GDP in 2022-23 will be met without pruning capital expenditure.

The Times of India

Finance Minister to review state of economy at FSDC meeting on September 15

FSDC is the apex body of sectoral regulators, headed by the Union Finance Minister

The Hindu

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ABC News

Katy Gallagher says the federal budget is in worse shape than many state and territory budgets. Is that correct?

Finance Minister Katy Gallagher says the federal budget is in worse shape than many state and territory budgets. Is that correct? RMIT ABC Fact Check investigates.

The Hindu

HC refuses to quash corruption case against sacked bureaucrat in BMRCL fund misuse case

Petition filed by Sandeep Dash dismissed

The Hindu

Centre asked to respond to plea challenging provision of seeking permission for foreign visits

The petition was filed in the backdrop of Delhi Chief Minister Arvind Kejriwal being denied permission for his visit to Singapore for the 8th World Cities’ Summit from July 31 to August 7

Insider UK

Communications agency expands with new hires

New finance chief and marketing manager among the recent appointments

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Reuters

Japan to spend $1.83 million on slain ex-PM Abe's state funeral

Japan will spend about 250 million yen ($1.83 million) on a state funeral for slain former Prime Minister Shinzo Abe, Finance Minister Shunichi Suzuki said on Friday.

Belfast Live

Stormont departments get legal approval for 'contingency arrangements' in absence of budget

The Department of Finance said the move provides "legal cover" but departments "will still not have the certainty that an agreed budget would provide"

Insider UK

Scotland’s deficit drops by 10%, but remains twice that of UK

The net fiscal balance was still a deficit of 12.3% of GDP, or £23.7bn, during 2021-22

Reuters

Japan PM tells ministers to continue sanctions vs Russia, support Ukraine

Japanese Prime Minister Fumio Kishida instructed his cabinet ministers to continue diplomatic responses, including sanctions, against Russia, while backing Ukraine, by keeping close coordination with the Group of Seven nations, the finance minister said on Tuesday.

The Hindu

New IFMS features to be launched today

THIRUVANANTHAPURAM

Reuters

Analysis-Years of political crises in Peru are finally hitting its economy

Since 2011, Peruvians have lived under seven presidents and seen four ex-leaders detained or wanted on corruption allegations. Yet, in the same period Peru has held onto the unlikely title of the fastest growing major economy in Latin America.

The Hindu

India supplies nearly 60% of vaccines used worldwide: Nirmala Sitharaman

India today is double dosing every citizen and produced COVID-19 vaccines even during the lockdown period, said Union Finance Minister Nirmala Sitharaman

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