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The Latest Breaking News from Finance

Modi govt.’s attempt to cut revenue share of States shocking, says Balagopal

The report that the Narendra Modi government, on coming to power in 2014, had tried to cut funds allocated to the States is “shocking” and a “cause for concern,” Finance Minister K.N. Balagopal has said.

The Hindu

ED issues fresh notice to Isaac on KIIFB fund utilisation

The Directorate of Enforcement (ED) has issued a fresh summons to former Finance Minister T.M. Thomas Isaac asking him to appear before the investigators at its Kochi office on January 22.

The Hindu

MEDISEP: Finance department issues new orders on deducting ‘arrears on premium’

Newly joined government employees must pay premiums from the launch date to enjoy full coverage under the medical insurance scheme.

The Hindu

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IMF Grants Kenya New $941 Million Loan

The International Monetary Fund said it has granted Kenya a new loan of more than $941 million to help buttress the finances of the cash-strapped East African nation.

International Business Times

Environmental conservation a priority: K.N. Balagopal

Finance Minister K.N. Balagopal emphasizes timely completion of development projects and environmental conservation in Kollam, Kerala.

The Hindu

Finance dept. issues directives for insurance coverage for govt. vehicles

The State government has directed government departments and institutions to obtain third party insurance policy for government vehicles through the State Insurance department.

The Hindu

Need united stand against Centre’s unfriendly policies, says K.N. Balagopal

Finance Minister K.N. Balagopal welcomes Opposition UDF's decision to discuss Centre's neglect of Kerala, emphasizing the need for cooperation.

The Hindu

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Interim Budget may see measures to boost consumption demand, push agri economy

Finance Minister Nirmala Sitharaman is likely to step up efforts to boost consumption and rural economy while keeping inflation under check when she presents her sixth straight Budget on February 1

The Hindu

Top Kerala news developments today

Here are the important developments in Kerala to watch out for today

The Hindu

Chief tax writers working to broaden appeal of tentative accord - Roll Call

A bipartisan, bicameral $70 billion tax agreement taking shape on the Hill is drawing mixed reviews, pointing to potential challenges ahead.

Roll Call

Naidu making false claims on State’s debt, says Buggana

Finance Minister Buggana Rajendranath Reddy refutes TDP's allegations of state finances in disarray and debts of ₹13 lakh crore.

The Hindu

IFSC needs to ready platform where green credits can be traded: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on January 11 said India has a $10.1 trillion funding gap to meet its net zero commitment and asked IFSC to set up a platform where green credits can be traded.

The Hindu

Telangana yet to get Centre’s permission to raise market borrowings for Q4

The Telangana government has apparently landed in a piquant situation in raising resources through open market borrowings for the January-March quarter of the current financial year

The Hindu

Tamil Nadu continues to be the second largest State economy: Finance Minister

Ahead of the Global Investors’ Meet, Finance Minister Thangam Thennarasu dismissed claims that Uttar Pradesh had overtaken Tamil Nadu as the second largest State economy

The Hindu

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The Hindu

Kerala for ‘innovative measures’ to raise additional resources

In the run-up to the 2024-25 State Budget, the State government is looking at “innovative measures” for mobilising the much-needed additional resources.

The Hindu

NITI Aayog Vice Chairman holds meeting with Chief Minister, Finance Minister

Pinarayi Vijayan seeks NITI Aayog's intervention to resolve Kerala's financial issues.

The Hindu

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.

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The National (Scotland)

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 Hindu

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.

AAP

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.

The National (Scotland)

'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)

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…

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