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The Latest Breaking News from Finance

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

The Hindu

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.

Bangkok Post

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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

The Hindu

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.

Bangkok Post

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.

Reuters

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.

ABC News

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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

The Hindu

‘State government keen on ensuring development across all districts’

UDHAGAMANDALAM Finance Minister P.T.R. Palanivel Thiaga Rajan said here on Sunday that the governme

The Hindu

Germany must support Ukraine without endangering its own security - minister

Germany must do everything in its power to help Ukraine win the war against Russia but without endangering its own security and NATO's defence capability, Finance Minister Christian Lindner said on Saturday.

Reuters

Nirmala Sitharaman meets heads of FedEx, Mastercard, others during US visit

The Finance Minister is in the US to attend IMF-WB Spring Meetings 2022.

The Hindu

Sitharaman reaffirms India's commitment to fighting money laundering, terror financing; lauds FATF

WASHINGTON: Finance Minister Nirmala Sitharaman has reaffirmed India's political commitment to fighting money laundering and terrorist financing as she appreciated the role of FATF global network in safeguarding the global financial system.

The Times of India

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Irish Mirror

Taoiseach asks Ministers to see how people could be paid to host Ukrainian refugees

“I spoke to the Minister for Finance and the Minister for Social Protection to look at various options there."

The Conversation

Deals, golf with Trump, and little introspection: Joe Hockey goes to Washington and writes his memoirs

Perhaps unfairly, the image most of us have of Joe Hockey comes from his time as federal Treasurer, when he was photographed smoking a cigar with then Finance Minister Mathias Cormann in the aftermath of the 2014 budget.

The Conversation

PEFO tells us Morrison has abandoned some secret promises, but his books are in order

Before each federal election, the heads of the Commonwealth departments of treasury and finance release a report on the state of the government’s budget, together with updated economic forecasts.

The Times of India

Strong US-India relationship to strengthen global order: Nirmala Sitharaman

WASHINGTON: Finance minister Nirmala Sitharaman on Tuesday said the US-India relationship is at its best and will strengthen the global order in these challenging times.

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The Times of India

Nirmala Sitharaman discusses geopolitical issues with IMF chief; highlights India's efforts to support growth

WASHINGTON: Finance minister Nirmala Sitharaman on Tuesday discussed a range of issues, including the current geopolitical situation and its economic impact, with IMF chief Kristalina Georgieva, and highlighted the Indian government's commitment to support growth through capital expenditure.

Bangkok Post

Arkhom keen to restrain state spending

The Finance Ministry does not want to persist with high spending by state-owned financial institutions as it wants to maintain fiscal discipline, according to finance minister Arkhom Termpittayapaisith.

Tribune News Service

Singapore undecided on succession timeline for heir to PM Lee

Singapore has not yet settled on a timeline as to when Finance Minister Lawrence Wong will take over the reins from Prime Minister Lee Hsien Loong as the city-state’s next premier.

Bangkok Post

Singapore PM confirms successor

SINGAPORE: Singapore Prime Minister Lee Hsien Loong confirmed on Saturday that Finance Minister Lawrence Wong would succeed him as the city-state’s next leader.

Reuters

Pakistan's new govt may have to roll back fuel, power subsidies

Pakistan's new government led by Prime Minister Shehbaz Sharif is in internal discussions on whether to roll back fuel and power subsidies that have blown a hole in public finances amid a stuttering economy, officials said.

Bangkok Post

Govt to start taxing stock market sales this year

The Finance Ministry is standing firm on its plan to impose a financial transaction tax on individual stock investors this year after seeing growth in the local market.

Daily Record

New 5G centre to open in Ayrshire as finance secretary makes 'economy boost' prediction

HALO Kilmarnock will be the lead partner and the hub will be hosted in The HALO Enterprise and Innovation Centre at The HALO Digital & Cyber Innovation Park.

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