The Latest Breaking News from Finance

Deputy PM maps out plans for growth

Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas has urged greater investment in basic infrastructure to propel Thailand into a new economic era.

Bangkok Post · Aug 15

Independence Day 2026: A 1968 gold ban that turned every Indian household into an underground vault

In 1968, the Gold (Control) Act restricted gold ownership and capped jewellery purity at 14 karats to curb imports and conserve foreign exchange. Instead of reducing demand, the law pushed gold underground, with households hiding jewellery and smugglers building a parallel market.

The Economic Times · Aug 14

BRICS nations need stronger frameworks to mobilise private capital at scale: Nirmala Sitharaman

Nirmala Sitharaman urged BRICS nations to foster stability for attracting private capital. Multilateral development banks can de-risk investments and boost project bankability. India has strengthened its infrastructure through public spending and reforms. Public investment acts as a catalyst for private sector participation. Future development finance relies on partnerships between governments…

The Economic Times · Aug 12

No proposal under consideration for restoration of Old Pension Scheme: MoS for Finance Pankaj Chaudhary

The government has no plans to restore the Old Pension Scheme due to its fiscal unsustainability. Several state governments have requested a reversion from the National Pension System to the Old Pension Scheme. The Unified Pension Scheme offers an inflation-linked defined benefit option for central government employees. This new scheme…

The Economic Times · Aug 10

Opposition stages walkout in Rajya Sabha

Opposition members staged a walkout from the Rajya Sabha on Monday. They were protesting after their attempts to raise issues were disallowed by the Chair. Finance Minister Nirmala Sitharaman moved The Bankers' Books Evidence Bill, 2026, for discussion. The Bill seeks to update legal frameworks for bank records in the…

The Economic Times · Aug 10

There's a new US ambassador coming to town

Meanwhile, what's all this buzz around The Lodge?

The Canberra Times · Aug 9

Tax breaks to lure carmakers

The Finance Ministry plans to introduce tax incentives by September to encourage foreign carmakers to establish production facilities in Thailand and increase the use of locally made components.

Bangkok Post · Aug 7

Tamil Nadu Assembly passes resolution batting for 'fair tax devolution' from Centre

The Tamil Nadu Assembly unanimously passed a resolution seeking fair tax devolution. This resolution aligns with constitutional principles of fiscal and cooperative federalism. Finance Minister N Marie Wilson presented the resolution to the Union government. The state emphasised its economic contribution and development needs.

The Economic Times · Aug 7

FM says MDR on UPI applies to merchants, not customers; fintechs, banks will invest more on security

Finance Minister Nirmala Sitharaman stated Merchant Discount Rate applies to merchants, not customers. This charge will support banks and fintech companies in infrastructure investment. A committee will decide on MDR after Parliament passes a taxation bill. The bill provides legal backing to modify the zero-MDR framework for digital payments. This…

The Economic Times · Aug 6

'Pattern of secrecy': Libs call for audit on federal infrastructure spend in ACT

The call follows corruption findings involving the CFMEU.

The Canberra Times · Aug 4