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The Latest Breaking News from Finance

Kate Forbes to set out spending review amid warnings of £3.5bn budget gap

FINANCE Secretary Kate Forbes is due to set out her resource spending review, the first time the Scottish Government has published a multi-year…

The National (Scotland)

Kota man's 5-year fight to get Rs 35 refund on cancelled railway ticket benefits around 3 lakh IRCTC users

KOTA: A Kota-based man has won his five-year fight to get a Rs 35 refund from the Railways, helping in the process nearly 3 lakh people who were in a similar situation.

The Times of India

Scotland faces 'difficult finances' amid claims of £3.5 billion 'black hole'

FINANCE Secretary Kate Forbes has said Scotland faces a “very difficult financial position” over the next few years amid rising tax warnings…

The National (Scotland)

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Uttar Pradesh Budget a ‘deceit,’ says Lalji Verma; Finance Minister Suresh Khanna intervenes, asks him to keep facts right

The Yogi Adityanath government on May 26 presented its maiden Budget of the second term with a focus on education, employment, empowerment of women and farmers besides law and order.

The Hindu

With July approaching, mental health bill seems far off

WASHINGTON — Lawmakers are facing increased pressure to pass a comprehensive mental health and substance use package but are unlikely to make an initial goal of advancing legislation before the implementation of a three-digit suicide hotline in July.

Tribune News Service

With July approaching, mental health bill seems far off - Roll Call

At least four congressional committees are working on mental health bills, but the list of priorities is growing.

Roll Call

Welsh Government push on with tax hike for holiday homes not let out at least half the year

Finance minister Rebecca Evans confirmed the move despite hostility from many in the sector and warning it will cost 'jobs and livelihoods'

Birmingham Post

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Labor government hits ground running

The prime minister will focus on his domestic agenda once he returns home from Tokyo but his ministry has already started work to fulfil key election promises.

AAP

Derek Mackay to be contacted in probe over botched ferries contracts

SHAMED former Finance Secretary Derek Mackay is among those who will be contacted as part of a probe into the debacle around the construction of two…

The National (Scotland)

A.P. Finance Minister on study tour to Germany

VIJAYAWADA

The Hindu

State’s tightrope walk in terms of finances continues as Centre yet to give nod for OMBs

Govt addressed two letters to Finance Ministry seeking early permission, say officials

The Hindu

‘Good progress’ being made on outstanding ferry issues – Forbes

Finance Secretary faced calls to put her job on the line if the Glen Sannox was not delivered by this time next year

Insider UK

Cryptos can lead to dollarisation of economy: RBI officials to parliamentary panel

NEW DELHI: Cryptocurrencies can lead to "dollarisation" of a part of the economy which would be against India's sovereign interest, top officials of the RBI have told a parliamentary panel, according to sources.

The Times of India

Govt. freezes order to place pension burden on universities

Move follows talks between Finance Minister and Higher Education Minister

The Hindu

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Bangkok Post

Economic recovery hampered by lagging tourism - Arkhom

Thailand's economic recovery is being supported by stronger exports, but the pace will be affected by only a gradual recovery in the number of foreign tourists, Finance Minister Arkhom Termpittayapaisith said on Wednesday.

The Hindu

TS clarifies to Finance Ministry on queries on OMBs

Finance Special Chief Secretary Ramakrishna Rao objects to queries raised by the Centre

The Hindu

Jan Suraksha schemes bring insurance, pension within reach of common man: FM Nirmala Sitharaman

“The number of people who have enrolled and benefitted from the above schemes over the last seven years is a testimony to their success,” Finance Minister Nirmala Sitharaman said

Bangkok Post

Arkhom pushes digital to hit revenue goal

Finance Minister Arkhom Termpittayapaisith is confident the government will meet its revenue target of 2.4 trillion baht in fiscal 2022.

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The Hindu

Interest rate hike wasn’t surprising, timing was: Finance Minister Sitharaman

The Finance Minister asserted that the rising cost of funds will not impact the government’s planned infrastructure investments

Bangkok Post

Govt accepts Japan loan of B13.2bn

Finance Minister Arkhom Termpittayapaisith has signed a loan agreement worth 50 billion yen (13.2 billion baht) with the Japan International Cooperation Agency to bolster the nation's Covid-19 emergency response.

Reuters

German govt in talks on asset disclosure for sanctioned persons - minister

German Finance Minister Christian Lindner said the government is looking into whether sanctioned persons could be legally obligated to disclose what assets they have in Germany.

ABC News

Federal election: Scott Morrison defends rate rise as proof of economic recovery, as Labor says his credentials are 'shredded'

Shadow Treasurer Jim Chalmers is quick to criticise the federal government's economic management, saying today's interest rate rise will negatively impact millions of Australians.

The Hindu

Govt. issues revised guidelines and conditions for empanelment of banks for govt. banking transactions

Banks should have minimum net worth of ₹1,000 crore

The Hindu

Neither fair nor feasible for State governments to further cut fuel taxes: Finance Minister

He was replying to Prime Minister’s request to select States, including T.N., to cut taxes on fuel

The Hindu

Judicial infrastructure needs may come up in CJs-CMs conference on Saturday: SC

The CJI has been vocal about his proposal to establish a ‘National Judicial Infrastructure Corporation’ to uniformly improve judicial facilities and improve access to justice

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