View: Finance Minister delivers balanced Budget, minus freebies
Synopsis The budget has taken advantage of the fiscal space created by the end of the Covid free-food programme, lower fertiliser subsidies, and a sharp reduction in MGNREGA outlay. This has made possible the reduction of ₹37,000 crore in direct taxes. The finance minister wants…
UK finance minister Jeremy Hunt says next two years will be challenging
Finance minister Jeremy Hunt said Britain would face a challenging next two years but his new budget plans would help to tackle inflation and put the economy on a stronger footing. Hunt announced a string of tax increases and tighter public spending on Thursday, saying…
BCCI Secretary Jay Shah to head Finance and Commercial Affairs Committee of ICC
New Zealand’s Greg Barclay was on Saturday unanimously re-elected as chairman of the International Cricket Council (ICC) for a second two-year term. Besides Barclay’s re-election, BCCI secretary Jay Shah was elected as the head of ICC’s all-powerful Finance and Commercial Affairs (F&CA) committee at the…
Climate finance tops India’s COP27 agenda
India will push for clarifications on climate finance, one of the contentious issues between developed and developing countries, as leaders and officials from 200 nations gather on Sunday for the UN Climate Conference (COP27) in Egypt, coming together after a year in which war and…
New UK finance minister Nadhim Zahawi pledges to boost economy
Synopsis Zahawi, who took over the Treasury on Tuesday after the resignation of Rishi Sunak in protest against embattled Prime Minister Boris Johnson, said “nothing is off the table”. But the former education minister also faced questions about whether he would even have a chance…
Green finance could be bright, robust strand of growing India-US ties
Green finance could become a bright and robust strand of the growing India-US economic relations in the next 25 years, India’s envoy said TopicsGreen financing | India and US | Economic relations …
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