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The Latest Breaking News from Finance

Smita Sabharwal transferred out of CMO in a major reshuffle of IAS officers in Telangana

Telangana IAS officers reshuffled; Smita Sabharwal appointed as TS Finance Corporation member secretary.

The Hindu

Madhya Pradesh CM Mohan Yadav distributes portfolios, keeps Home

Madhya Pradesh Cabinet expansion: CM Mohan Yadav keeps Home Dept, Deputy CM Jagdish Devda gets Finance Dept.

The Hindu

Playwright's words from 2015 perfectly sum up Scotland's economy in the Union

A PLAYWRIGHT’S prophetic words from 2015 are being applauded for perfectly summing-up Scotland’s financial situation within the Union.

The National (Scotland)

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White Paper on Telangana State finances presented by Deputy CM

Deputy Chief Minister Bhatti Vikramarka Mallu tables White Paper on Telangana State Finances in State Assembly.

The Hindu

NZ government axes $7b in projects as forecasts worsen

New Zealand Finance Minister Nicola Willis says the previous government were "economic and fiscal vandals", revealing a worsening set of economic forecasts.

AAP

'Patronising' Labour MSP tells Finance Secretary to sit down and be quiet

A “PATRONISING” Labour MSP has been called out by the Finance Secretary after he signalled for her to sit down and be quiet while she was…

The National (Scotland)

Scottish Budget: The key points from Shona Robison's financial statement

FINANCE Secretary Shona Robison has set out her first Scottish Budget...

The National (Scotland)

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Shona Robison to deliver 'toughest ever' Budget as fears raised over cuts

FINANCE Secretary Shona Robison will deliver the Scottish Government’s Budget today – against the backdrop of what she has called the “most…

The National (Scotland)

How the Scottish Budget works – and why there's a £1.5 billion shortfall

THE Scottish Budget has a shortfall. In May, Shona Robison, Deputy First Minister and also Finance Secretary, announced that the Scottish Government…

The National (Scotland)

Majura Valley split blocks issue to go to Finance Minister Katy Gallagher

The farmers have not had a secure lease for 18 years.

The Canberra Times

Budget update forecasts deficit of $1.1 billion this financial year

The federal budget is headed for a small $1.1 billion deficit this financial year, according to the update released by Treasurer Jim Chalmers and Finance Minister Katy Gallagher on Wednesday morning.

The Conversation

PM talking up transformative GDP but what matters is annual growth rates over longer period: Congress

The Congress said that PM Modi and Finance Minister Nirmala Sitharaman are “repeatedly talking up” transformative GDP growth based on the recent July-September numbers but what matters more is annual growth rates over a longer period

The Hindu

Bhatti reviews functioning of Finance department

Min. Vikramarka reviews State finances: Finance Special Chief Secretary K. Ramakrishna Rao briefs newly appointed Minister on department functioning. Cabinet decision to assess finances and release white paper to explain situation to people.

The Hindu

3 Defense Stocks to Watch for Investment Opportunities This Week

The aerospace and defense industry, attracting investor interest due to the Israel-Hamas conflict, is poised for sustainable growth due to increased defense budgets and technological advancements. Therefore, fundamentally sound defense stocks CPI Aerostructures (CVU), Textron (TXT) and Willis Lease Finance (WLFC) might be worth adding to boost your portfolio. Continue…

StockNews.com

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The Hindu

Cyclone Michaung: Insurers have received motor insurance claims for 2,320 vehicles

Insurers receive 2,320 motor insurance claims due to Cyclone Michaung; Finance Minister urges speedy settlement. State govt to provide vacant spaces for vehicle repair, towing vehicles from other districts. Insurers assure speedy settlement of claims.

Fortune

Tech dominates the Fortune Future 50 list as ‘long-term growth potential of the sector is alive and well’

Along with growth, the companies are on the road to providing outsize returns for shareholders in the long term.

The Hindu

AP Finance Minister inaugurates GST Seva Kendram and releases Vision & Mission of Commercial Taxes Department

Finance Minister Buggana Rajendranath Reddy inaugurated GST Seva Kendram and released Vision & Mission of Commercial Taxes Dept. He also launched GST Mithra to identify & correct discrepancies in tax returns. Incentive Awards presented to 195 meritorious officers & staff.

The Hindu

Average monthly GST mop-up at ₹1.66 lakh crore so far this fiscal: Finance Minister Nirmala Sitharaman

GST collection has been increasing since 2017, with average monthly mop-up in FY 2023-24 at ₹1.66 lakh crore, 11% higher than previous year. Govt. has brought reforms to improve compliance and increase collection, such as e-way bill, ITC matching, e-invoice, etc. 14,897 appeals pending as of Oct. 2023, higher than…

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The Hindu

Nirmala Sitharaman’s remarks misleading, says Balagopal

Finance Minister K.N. Balagopal on Friday described as “misleading” Union Finance Minister Nirmala Sitharaman’s recent remarks concerning the Centre-State standoff on the State’s financial position. After blocking the State’s revenue sources, Ms. Sitharaman was trying to create the impression that it has been given everything, Mr. Balagopal alleged.

The Hindu

Making women millionaires is Prime Minister Modi’s dream, says Nirmala Sitharaman

Union Finance Mininister Nirmala Sitharaman said PM Modi's main objective is to make women millionaires. She participated in Viksit Bharat Sankalp Yatra at Govt. Girls High School

The Hindu

Governor Arif Mohammed Khan doing Sangh Parivar’s bidding; must resign immediately, says M.V. Govindan

CPI (M) leader M.V. Govindan accuses Governor Arif Mohammed Khan of abandoning constitutional duties to do Sangh Parivar's bidding. Demands his resignation. Accuses him of attempting to appoint RSS workers as VCs. Warns against Central govt's policies to enforce Hindutva ideology, corporatism and superstitions. Mahatma Gandhi VC in-charge, ex-Kerala VC,…

Roll Call

Biden pick for Social Security chief OK'd by Senate panel - Roll Call

Martin O'Malley's nomination to lead the Social Security Administration won bipartisan support from a Senate panel on Tuesday.

The Hindu

Finance Minister Nirmala Sitharaman demands action, not words at COP28

At COP 28, India will push for concrete action on climate funding and tech transfer. Minister Sitharaman said India has achieved its Paris commitment with its own funds, and called for pathways to show how tech can be transferred

The Hindu

Sufficient funds available for Jal Jeevan Mission works, says Minister Buggana

Finance Minister Buggana Rajendranath Reddy said sufficient funds are available for Jal Jeevan Mission works. He urged local reps to get contractors to participate in tenders. He also said drought mandals will be announced based on rainfall, soil moisture, etc. He revealed 200 cusecs of water are taken daily from…

The Hindu

IMEC a ‘win-win situation’ for all States involved, not without its geopolitical challenges: FM

The India-Middle East-Europe Economic Corridor (IMEC) is a “win-win situation” for all states involved, Finance Minister Nirmala Sitharaman said

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