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The Latest Breaking News from Finance

Arkhom says 'nothing serious' as baht hits 37.78 per dollar, 16-year low

The Bank of Thailand (BoT) is closely monitoring the baht currency's weakness but there has been no big concern yet, the finance minister said on Monday, as the currency hit its lowest in 16 years against the dollar.

Bangkok Post

Saudi Crown Prince, Turkish Officials Discuss Means to Develop Relations

Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, received in Jeddah on Saturday Turkish presidential spokesman Ibrahim Kalin and Turkish Treasury and Finance Minister Nureddin Nebati. Talks focused on bilateral relations between Saudi Arabia and Türkiye and ways to bolster them in various fields. They…

Asharq Al-Awsat

5 MPs want Shashi Tharoor to continue as IT panel chairman

It includes a BJP MP from Rajya Sabha

The Hindu

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Buggana refutes Yanamala allegations on fiscal management

Violations mentioned by CAG were related to TDP regime, says Finance Minister

The Hindu

Boeing will outsource more corporate jobs to India

Boeing told nonunion corporate staff in an all-hands virtual meeting this month that it will begin outsourcing finance and accounting jobs to Tata Consultancy Services of India.

Tribune News Service

Government's MUDRA loan scheme 'practically worthless' in promoting businesses: Senior congress leader Chidambaram

The former Finance Minister also said he is not surprised that the non-performing asset ratio is the highest under the MUDRA loan scheme.

The Hindu

Skill parks will be extended to more places : Finance Minister

Vocational courses and skill training programmes inaugurated as part of ASAP

The Hindu

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Officials pile pressure on Bank of Thailand to shield baht

The Bank of Thailand (BoT) and the Finance Ministry will soon meet to discuss the baht after it tumbled to the lowest in nearly 16 years, signalling growing concerns among officials that the currency slump can threaten a tepid recovery and stoke inflation.

Bangkok Post

Govt's income insurance plans prove polarising

Businesses and unions are at odds over the merits of a social unemployment scheme.

Newsroom.co.nz

Acting PM Prawit asks Finance Ministry to monitor weak baht

Acting Prime Minister Prawit Wongsuwan has asked the Finance Ministry to closely monitor the weak baht and its volatility and seek broad opinion to determine policies, a government official said on Tuesday.

Bangkok Post

New law forces Student Loan Fund rejig

The Student Loan Fund needs to review its management to ensure sustainability, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

State facing a tough financial scenario after Onam

Govt. reportedly staring at an overdraft situation

The Hindu

Nirmala Sitharaman initiates crackdown on illegal loan apps

The Union Finance Minister asks RBI to prepare a 'Whitelist' of legal loan apps

The Hindu

Arkhom pushes insurance variants

The Office of the Insurance Commission should consider approving insurance that covers environmental damage and damage to state infrastructure, says Finance Minister Arkhom Termpittayapaisith.

Bangkok Post

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ABC News

Katy Gallagher and Stuart Robert call for investigation into Greywolf Resources on Q+A, after Aussies lose millions

The Shadow Assistant Treasurer joins calls for ASIC to look into Greywolf Resources, after dozens of Australians lose their hard-earned savings by investing in the purported mining exploration business.

ABC News

Viral claims are blaming a surge in excess deaths in Europe on vaccines. But experts say that's not the case

A jump in the number of deaths among children in Europe could be caused by numerous factors, experts said, but vaccines are not to blame.

The Times of India

Economy likely to grow at 7-7.4% in FY23, says finance secretary

NEW DELHI: The government is expecting the economy to grow at 7-7.5 per cent in 2022-23, in line with its projections made at the beginning of this financial year.

The Times of India

On course to achieve fiscal deficit target, says finance secretary Somanathan

NEW DELHI: Finance secretary TV Somanathan on Wednesday exuded confidence that the fiscal deficit target of 6.4 per cent of GDP in 2022-23 will be met without pruning capital expenditure.

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The Hindu

Finance Minister to review state of economy at FSDC meeting on September 15

FSDC is the apex body of sectoral regulators, headed by the Union Finance Minister

ABC News

Katy Gallagher says the federal budget is in worse shape than many state and territory budgets. Is that correct?

Finance Minister Katy Gallagher says the federal budget is in worse shape than many state and territory budgets. Is that correct? RMIT ABC Fact Check investigates.

The Hindu

HC refuses to quash corruption case against sacked bureaucrat in BMRCL fund misuse case

Petition filed by Sandeep Dash dismissed

The Hindu

Centre asked to respond to plea challenging provision of seeking permission for foreign visits

The petition was filed in the backdrop of Delhi Chief Minister Arvind Kejriwal being denied permission for his visit to Singapore for the 8th World Cities’ Summit from July 31 to August 7

Insider UK

Communications agency expands with new hires

New finance chief and marketing manager among the recent appointments

Reuters

Japan to spend $1.83 million on slain ex-PM Abe's state funeral

Japan will spend about 250 million yen ($1.83 million) on a state funeral for slain former Prime Minister Shinzo Abe, Finance Minister Shunichi Suzuki said on Friday.

Belfast Live

Stormont departments get legal approval for 'contingency arrangements' in absence of budget

The Department of Finance said the move provides "legal cover" but departments "will still not have the certainty that an agreed budget would provide"

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