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The Latest Breaking News from Finance

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.

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.

The Times of India

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.

Bangkok Post

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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.

Tribune News Service

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.

Bangkok Post

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.

Reuters

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.

Bangkok Post

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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.

Daily Record

BOI joins BCCT Luncheon & Fireside Chat

Thailand Board of Investment (BOI) Secretary-General Ms. Duangjai Asawachintachit, joined the latest BCCT Luncheon & Fireside Chat on the topic of “Resilient Thailand: From Resiliency to Recovery and Beyond” organized by the British Chamber of Commerce Thailand (BCCT) at The St. Regis Bangkok on 30 March 2022. Opening remarks were…

Bangkok Post

Germany's response to Ukraine insufficient, nearly half of Germans say - survey

A growing percentage of Germans think the government has not done enough in response to Russia's invasion of Ukraine, a survey showed on Thursday, as Europe's biggest economy tries to balance its economic interests against sanctions on Russia.

Reuters

‘Charge arrangements’ rule the roost in farm varsity

Almost all key posts are manned by people in-charge

The Hindu

Sri Lanka crisis: Gotabaya Rajapaksa loses parliamentary majority

41 lawmakers leave coalition, leaving Rajapaksa’s government with fewer than the 113 members needed to maintain a majority in the 225-member house

The Hindu

India sought probe into ex-RBI gov Rajan for helping ‘white man’

India accused the RBI of setting interest rates to favour developed nations, pushing it to slash the rates.

Al Jazeera

Finance minister blames Centre of robbing Kerala’s powers

THIRUVANANTHAPURAM: Finance minister K N Balagopal while delivering a lecture on ‘Centre state relations and Kerala development’ at the 58th state convention of NGO union here on Sunday said the Centre was robbing the powers of state violating the essence of the constitution.

The Times of India

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The Hindu

Pramod Sawant retains Home, Finance

Vishwajit Rane has been given crucial Health and Town and Country Planning Portfolios along with Urban Development, Women and Child, and Forest departments

Bangkok Post

Singapore won’t tighten rules if Covid cases rise: Straits Times

Singapore will not need to tighten pandemic measures even if the number of Covid-19 cases starts to rise again, Finance Minister Lawrence Wong told The Straits Times.

Bangkok Post

Property sector starting to recover - Arkhom

Thailand's property sector is starting to recover after two years of a slowdown due to the coronavirus pandemic, Finance Minister Arkhom Termpittayapaisith said on Thursday.

Bangkok Post

Arkhom eyes 10% export growth in 2022

Despite soaring oil prices and rising production costs driven by the Russia-Ukraine war, Finance Minister Arkhom Termpittayapaisith still hopes to see the Thai export sector expand by 10% this year.

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The Times of India

Govt widens scope of loan guarantee scheme

NEW DELHI: The finance ministry on Wednesday expanded the scope of the Rs 5 lakh-crore Emergency Credit Line Guarantee Scheme (ECLGS) to support MSMEs engaged in travel, tourism and hospitality sectors to overcome the impact of the Covid-19 pandemic impact.

Insider UK

Entrepreneurial Scotland chief executive calls Scotland's SMEs 'world leading'

National Economic Forum event also heard from the First Minister and Finance Secretary

The Times of India

Finance minister blames Putin’s war, UPA oil bonds for fuel price hike

NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday said that the war in Ukraine had resulted in higher petrol and diesel prices and the government is seeking to respond to the situation.

The Times of India

Record fuel price hike due to spike in oil prices during last couple of weeks: Finance minister

NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday defended the 137-day hiatus in fuel price revision, saying the disruption in supply chains and the resultant increase in global oil prices due to the war in Ukraine was a "couple of weeks" phenomenon resulting in the record hike in petrol and…

The Hindu

TS government initiates process for regularisation of contract staff

CM said 11,103 would benefit; Finance Dept. asks for proposals from HoDs

The Hindu

India received 65% more FDI during Modi regime against 10 years of UPA rule: Nirmala Sitharaman

New Delhi Finance Minister Nirmala Sitharaman on Tuesday said FDI into the country during the Modi

The Times of India

World Inequality Report terming India 'poor and unequal' is flawed, says Nirmala Sitharaman

NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday slammed the World Inequality Report 2022 for terming India to be "poor and unequal".

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