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The Latest Breaking News from Finance Ministry

Tax system utilised for more targeted benefits for the poor

The Finance Ministry is expediting its review of welfare reforms to ensure the benefits target those most in need, minimise duplication across programmes, and promote greater participation in the labour force.

Bangkok Post

Welfare card deadline nears for those missing from databases

The Finance Ministry has urged low-income people who are missing from state welfare databases to register through local administrative authorities before the June 21 deadline.

Bangkok Post

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

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Government denies new report stating RBI may have sold $12 billion gold to rescue rupee

Reports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows India's gold reserves have actually increased. The Reserve Bank of India's share of gold in its foreign exchange reserves rose significantly between September 2025 and May 2026.…

The Economic Times

Co-pay scheme kicks off

More than 39.2 million people will receive 1,000 baht in government support from today as the Thais Help Thais Plus co-payment scheme officially begins, says the Finance Ministry.

Bangkok Post

Office prepares state savings bond scheme

The Public Debt Management Office (PDMO) is preparing to launch the "Savings Plus" programme, which issues savings bonds monthly valued at 2 billion baht in an effort to encourage people to save.

Bangkok Post

‘Most failing airport in Europe’: Ryanair begins phasing out Berlin base blaming drop in traffic

The move comes as Berlin’s international airport says increased charges are not on the cards and Germany’s Finance Ministry approved flight levies to be scaled back.

Euronews

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Too costly to mint? Germany says 'nein' to silver commemorative coins

The German finance ministry has halted the release of two silver coins after a surge in metal prices made minting them uneconomical. The decision marks a cautious pause in a decades-long tradition that celebrates German culture and innovation.

Euronews

Tragedy in India: Finance Ministry Officer Navjot Singh Killed, Wife Injured in BMW Crash

Finance Ministry officer Navjot Singh killed in BMW crash in India; wife injured. BMW driver booked for homicide as investigation unfolds amid growing public concern.

International Business Times UK

Asian Shares Rally Led By Semiconductor Gains, Oil Prices Rise

Asian shares rise, U.S. markets climb. Earnings reports strong, Fed hints at high rates.

Top News

‘States welcome private investors, but push back on PSU privatisation’

Some State governments tend to have a “duality” in their approach towards the strategic disinvestment of public sector enterprises even as they go all out to attract private investors by holding large investment summits with offers of land parcels and myriad sops, a top Finance Ministry official flagged on Monday.

The Hindu

Economic encomium: On the Finance Ministry’s 10-year review of the economy

In the the Finance Ministry’s 10-year review of the economy, India needs to grow faster to create jobs at the scale its youth need and ensure that a rising growth tide lifts most boats, if not all

The Hindu

India will remain fastest-growing major economy in FY'24: Finance Ministry report

India to remain fastest-growing major economy in FY24; domestic macro fundamentals strong, global headwinds and weather uncertainties pose downside risks. India's outlook bolstered by strong domestic fundamentals, investment demand, industrial growth, reservoir levels and forex reserves.

The Hindu

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Newslaundry

NL Interview: Ex-finance secy on policies, govt’s misadventures, ‘feisty’ Sitharaman

Former bureaucrat Subhash Chandra Garg’s new book We Also Make Policy unpacks the behind-the-scenes of India’s finance ministry — from policy matters to the ministers’ temperaments and even Garg’s equation with them.

The Hindu

Inflation pressures may linger, but food prices to cool soon: FinMin

India's inflation woes may be transitory due to global uncertainties and domestic disruptions. The Finance Ministry noted the 11.5% food inflation rate and 4.9% core inflation rate, and cautioned that global monetary tightening could hurt stock markets in emerging economies. Government efforts to reduce food inflation expected to materialise in…

The Hindu

Vegetable prices likely to cool down next month, says Finance Ministry

Govt expects veg prices to cool off; crude oil prices a concern; no excise duty cut; capital expenditure to reach 50% by Sept; govt taking steps to control inflation; flexible trade policy adopted to keep prices down; interventions to cool tomato prices; retail inflation at 7.44% in July.

The Hindu

Union government approves 8.15% interest rate for PF deposits

The CBT had recommended an increase to 8.15% from 8.10% interest to the deposits on March 28, 2023. Read more on The Hindu.

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Bangkok Post

Social Security Fund dips by B17.6bn

In 2022, the Social Security Fund (SSF) declined by more than 17.6 billion baht, the first drop in five years, as a result of decreased market capitalisation (mark to market) and reduced contributions to alleviate the financial burden of subscribers during the pandemic, says a Finance Ministry source who requested…

The Hindu

Finance Minister Nirmala Sitharaman reviews progress of implementation of Budget schemes

New Delhi Finance Minister Nirmala Sitharaman on 4 July reviewed progress of implementation of Budget schemes with secretaries of Finance Ministry and Corporate Affairs Secretary.

Bangkok Post

Government nudged to correct revenue-to-GDP proportion

The government is advised to seek methods to increase its revenue-to-GDP ratio following a continuous decline, while remaining prudent in incurring higher levels of debt, says a Finance Ministry source who requested anonymity.

Zenger

Israel Poised To Release World’s First Digital Government Bond

The Tel Aviv Stock Exchange (TASE) and Israel’s Finance Ministry prepare for a digital Israel Bond traded on blockchain platform.

The Hindu

Tobacco: Farmers' body writes to PMO, Finance Ministry against WHO recommendation

Farmer organisation FAIFA has written to the Prime Minister’s Office (PMO) and Finance Ministry against the WHO recommendation that alternative crops should replace tobacco as it contributes to global food crisis

Tribune News Service

Israel passes budget with big grants to ultra-Orthodox

Israel’s parliament passed a national two-year budget that includes billions of dollars in funding for West Bank settlements and religious programs, stabilizing Prime Minister Benjamin Netanyahu’s right-wing coalition. The shekel weakened as critics warned the plan would suppress rather than spur economic growth.

Bangkok Post

Bureau ready to adjust fiscal 2024 budget plan

The Budget Bureau is planning to adjust the fiscal 2024 budget to reflect the priorities of the new government, says a Finance Ministry source who requested anonymity.

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