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The Latest Breaking News from Finance

Quarter after quarter, year after year, India is fastest growing economy: FM Sitharaman

Finance Minister Nirmala Sitharaman said India remains the world's fastest-growing major economy and accused Congress leader Rahul Gandhi of undermining the country's achievements by repeatedly predicting crises that have not materialised.

The Economic Times

The moment I knew: When he saw my unkempt hovel, he was so nonjudgmental

Brendan Maclean had never spoken with drag queen Karen from Finance in person, nor laid eyes on the man behind the makeup. Then came a chance encounter in Melbourne

The Guardian - AU

Pakistan's finance minister presents the country's next budget that hikes defense spending

Pakistan's finance minister has presented the new budget to lawmakers, a draft that hikes defense spending by 18% while trimming funding for development programs and offering modest tax reliefs for salaried workers

AAP

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The APS winners and losers after the federal budget

Front-line services face reduced staff.

The Canberra Times

Ministry to review welfare card rules

The Finance Ministry will review the eligibility criteria for the state welfare card scheme following concerns that some elderly parents have been unfairly disqualified after their children claimed tax deductions on their behalf, despite not providing any financial support.

Bangkok Post

The official Senate estimates etiquette guide

The estimates recap you didn't know you needed.

The Canberra Times

Depts reviewing contracts after scandal-hit firm's accusation of deceptive conduct

Officials reconsidering millions in KPMG contracts.

The Canberra Times

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Katy Gallagher flags tough negotiations for 15 per cent pay claim

Commission formally kicks off bargaining period.

The Canberra Times

AI is turning workers into superhumans. Their leadership teams haven't kept up

Employees are scaling productivity at record speed while leadership teams remain stuck in decades-old decision-making structures.

Fortune

A $40,000 raise and the CFO seat are within reach, but one employee in his early 30s says the promotion isn't worth it

A finance director at a nonprofit is contemplating declining a promotion to CFO, despite being the likely successor. He enjoys hands-on financial work and fears the strategic and leadership demands of the CFO role, as well as a potential loss of work-life balance.

The Economic Times

The billionaire shakedown: How India changed its 'default' settings

India's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering trillions. While significantly boosting financial stability and economic growth, the law now faces challenges from judicial delays. Recent amendments aim to address these bottlenecks, ensuring the code's continued effectiveness in safeguarding India's economic progress.

The Economic Times

NZ Budget 2026 at a glance: follow the money here

Finance Minister Nicola Willis delivered a disciplined budget today, asking New Zealanders to accept continued restraint in return for promises of longer-term economic growth – and an earlier-than-expected return to surplus.

The Conversation

Govt on track for 2029 surplus in surprise forecast reversal

Despite economic headwinds prompting households and businesses to look to their own budgets, the Government's books are looking their best in a long time.

Newsroom.co.nz

Petrol, diesel prices hiked by Rs 7.5 per litre since Iran war: Here’s how it will impact your daily life

Fuel prices are rising again, making travel and goods more expensive. This impacts transporters, supply chains, and household budgets. Oil Marketing Companies are seeing stock rallies. The government faces a challenge balancing OMCs' financial health with consumer impact. Global events continue to influence fuel costs.

The Economic Times

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MyLifeXP

Why Nirmala Sitharaman Warned Against Fear Mongering

Most people hear economic warnings and immediately think they only affect governments or big businesses. But sometimes, global pressure quietly enters everyday life through fuel prices, grocery bills, travel costs, and job uncertainty. That is exactly why Finance Minister Nirmala Sitharaman recently warned against “fear mongering” while explaining the growing…

The Economic Times

The three Fs that Sitharaman flagged as India braces for a widening global oil shock, forex strain

In light of increasing global unrest from the West Asia crisis and fluctuations in the energy sector, Finance Minister Nirmala Sitharaman is advocating for a concentrated approach to managing fuel, fertiliser, and foreign exchange resources. Prime Minister Modi's recent appeals to conserve foreign currency and reduce discretionary imports underscore this…

The Economic Times

Who gets what in Vijay’s Tamil Nadu Cabinet as Congress, VCK, IUML join power table

Tamil Nadu's political landscape has shifted with Chief Minister C Joseph Vijay forming a 35-member coalition ministry. This new government includes Congress, IUML, and VCK, marking a departure from the state's traditional two-party order. Vijay retains key portfolios, emphasizing control over administration and law and order.

The Economic Times

Tamil Nadu ministers list 2026: From Maria Wilson to Srinath, here is the full list of Vijay’s cabinet

TN ministers list 2026: Tamil Nadu Chief Minister C. Joseph Vijay has expanded his Cabinet by inducting 23 MLAs and assigning portfolios across key departments including Finance, Tourism, Higher Education and Artificial Intelligence. The expansion marks Congress’ return to the Tamil Nadu government after 59 years and also sees four…

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Newsroom.co.nz

Willis and Peters’ foreign affairs feud the latest sign of coalition discord

Analysis: With the Foreign Minister and Finance Minister firmly at odds on a key budget area, how would a second term in office play out?

Bangkok Post

Cabinet approves relief scheme

The cabinet has approved the "Thais Help Thais Plus" programme together with additional support measures for vulnerable groups, with a combined budget of 176 billion baht, Finance Minister Ekniti Nitithanprapas announced on Tuesday.

Newsroom.co.nz

Minister tells Crown companies to ‘get on the bus’ with cost-cutting

But Air NZ, and the three big power gentailers that paid $564m in dividends last year, won't be expected to lay off staff. Jonathan Milne reports.

Newsroom.co.nz

Nearly 9000 public sector jobs to go, government agencies to merge

A week ahead of the Budget, the Finance Minister unveils an extensive restructure of the public service, with jobs to be cut at many agencies

The Economic Times

Rs 40 lakh return from Rs 22,000 investment? How ‘Quantum AI’ scam is misusing Nirmala Sitharaman’s name to lure investors

Quantum AI scam: A viral message falsely claims Finance Minister Nirmala Sitharaman is promoting a 'Quantum AI' investment scheme. It promises huge returns on small investments with zero risk and government guarantee.

Barchart

Dollar Weakens as Japan Intervenes in Forex Market to Support the Yen

The dollar index (DXY00 ) on Thursday tumbled to a 1.5-week low and finished down by -0.95%. Thursday’s +2% rally in the yen weighed on the dollar after the Nikkei reported that the Japanese government and the BOJ conducted yen-buying operations. Earlier on Thursday, Japanese Finance Minister Satsuki Katayama warned...

AAP

NDIS in treasurer's sights as budget outlook darkens

The treasurer is playing down talk of an improvement to the federal budget bottom line after economists tipped an Iran war-driven revenue boon.

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