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The Latest Breaking News from Finance

Stalemate over GST, royalty waiver for Kundannur-Angamaly bypass continues

NHAI faces delays in Kochi Bypass project due to pending GST and royalty waiver, risking cost escalation.

The Hindu

K.N. Balagopal hails SC decision allowing Kerala to borrow ₹13,600 crore despite Centre’s objections

Kerala Finance Minister K.N. Balagopal hails Supreme Court's decision allowing Kerala to borrow ₹13,600 crores as massive relief for the State.

The Hindu

Interview | T.N. Finance Minister Thangam Thennarasu discusses the State Budget for 2024-25

Tamil Nadu Finance Minister Thangam Thennarasu, who presented the State Budget for 2024-25, says the Budget catered to aspirations of every segment, sector and region of Tamil Nadu

The Hindu

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Kerala government begins crediting salaries, daily withdrawal limit set at ₹50,000

Kerala government limits salary withdrawals to ₹50,000 due to technical issues, blames Centre for financial crunch.

The Hindu

Opposition-backed union to launch hunger strike from Monday against delay in salary payment to Kerala govt. employees

Government employees to begin indefinite hunger strike over delayed salaries, protesting financial mismanagement by the State government.

The Hindu

Maharashtra's GSDP likely to expand by 10% in FY25, govt focus on farmers: Ajit Pawar

Maharashtra’s gross state domestic product (GSDP) was expected to grow; government was committed to ensure that revenue deficit doesn’t cross the prescribed limit, Finance Minister Ajit Pawar said.

The Hindu

High Court grills investigating officer in disproportionate assets case against Thangam Thennarasu

Madras High Court questions investigating officer's change in stance in corruption case against Finance Minister Thangam Thennarasu.

The Hindu

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Tax revenue from fuel sale up by ₹445.25 crore

The tax revenue from the sale of petrol and diesel in the State increased by ₹445.25 crore in 2023-24 compared to the previous fiscal, according to the Finance Department.

The Hindu

Buggana Rajendranath all praise for artisans and handloom dept. as he visits A.P. pavilion at textile expo in Delhi

Finance Minister Buggana Rajendranath visits Andhra Pradesh pavilion at Bharat Tex 2024, interacts with industry representatives and weavers.

The Hindu

Talks around ‘south’ getting into dangerous threshold: FM

Finance Minister Nirmala Sitharaman addresses the need for unity among southern states in Bengaluru, emphasizing fair tax devolution.

The Hindu

Indigenous senator felt 'culturally unsafe' after abuse

Malarndirri McCarthy has accused another Indigenous senator of making her feel "culturally unsafe" in the chamber after her family and character were targeted.

AAP

Suo motu proceedings against Minister Thangam Thennarasu | Madras High Court to begin final hearing from Wednesday

Madras High Court begins final hearing on Finance Minister's assets case, with separate dates for other Ministers.

The Hindu

Government contractors to observe token strike on March 4

Contractors demand government intervention for construction sector crisis, threatening boycott if demands not met post-elections.

The Hindu

Moved Thiaga Rajan to IT Ministry to reform it: Stalin

M.K. Stalin on Friday said he decided to move the then Finance Minister Palanivel Thiaga Rajan to the IT portfolio

The Hindu

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The Hindu

False propaganda to project joint welfare schemes are funded majorly by the Centre; lion’s share came from T.N. govt.: Thennarasu

Finance Minister Thangam Thennarasu clarifies Tamil Nadu government's funding for welfare programs, highlighting discrepancies in Union government's contributions.

The Hindu

Kerala will not succumb to pressure tactics, says Balagopal

Kerala Finance Minister accuses Union government of blackmail over Supreme Court suit, refuses to give in to pressure.

The Hindu

The real threat to the ‘India as we know it’

There are no rivalries that cannot be managed within a constitutionally-mandated system, and this is essential if India, as we know it, is to survive

The Hindu

A Budget loaded with literary and historical references

Chennai Finance Minister Thangam Thennarasu's maiden budget speech is filled with literary references and historical quotes.

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The Hindu

Kerala Finance Minister K.N. Balagopal slams Centre’s stand, accuses it of financially choking the State

Kerala Finance Minister accuses Centre of financial blackmail, demands ₹13,000 crore owed to State. Supreme Court hearing scheduled.

The Hindu

₹13 crore sanctioned as compensation for deaths in wild animal attacks

The government has sanctioned ₹ 13 crore to be disbursed as solatium for the families of those killed by wild animals, Finance Minister K.N. Balagopal said on Tuesday.

The Hindu

Centre’s stand disappointing, says Balagopal

Kerala Finance Minister criticizes Centre's funding condition, calls it a challenge to Keralites and fiscal federalism.

The Hindu

In an election year, Tamil Nadu Budget focuses on pro-poor measures, inclusive growth

Tamil Nadu's 2024-25 budget focuses on inclusive growth, pro-poor measures, infrastructure development, and welfare schemes amid financial challenges.

The Hindu

Thangam Thennarasu refutes Edappadi Palaniswmi’s allegations

Chennai Finance Minister defends budget against criticism, highlighting revenue generation and ability to repay loans.

International Business Times

France 'Probably' Missed 2023 Deficit Target

France likely overshot its budget deficit target in 2023, a finance ministry official said on Monday.

International Business Times

UK Economy Slides Into Recession Ahead Of Election

Britain is in recession, official data showed Thursday, dealing another blow to embattled Prime Minister Rishi Sunak, whose Conservative party is forecast to lose a general election expected this year.

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