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The Latest Breaking News from Finance

The billionaire shakedown: How India changed its 'default' settings

India's decade-old Insolvency and Bankruptcy Code has revolutionized corporate finance, ending a 'defaulter's paradise' and recovering trillions. While significantly boosting financial stability and economic growth, the law now faces challenges from judicial delays. Recent amendments aim to address these bottlenecks, ensuring the code's continued effectiveness in safeguarding India's economic progress.

The Economic Times

NZ Budget 2026 at a glance: follow the money here

Finance Minister Nicola Willis delivered a disciplined budget today, asking New Zealanders to accept continued restraint in return for promises of longer-term economic growth – and an earlier-than-expected return to surplus.

The Conversation

Govt on track for 2029 surplus in surprise forecast reversal

Despite economic headwinds prompting households and businesses to look to their own budgets, the Government's books are looking their best in a long time.

Newsroom.co.nz

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Petrol, diesel prices hiked by Rs 7.5 per litre since Iran war: Here’s how it will impact your daily life

Fuel prices are rising again, making travel and goods more expensive. This impacts transporters, supply chains, and household budgets. Oil Marketing Companies are seeing stock rallies. The government faces a challenge balancing OMCs' financial health with consumer impact. Global events continue to influence fuel costs.

The Economic Times

Why Nirmala Sitharaman Warned Against Fear Mongering

Most people hear economic warnings and immediately think they only affect governments or big businesses. But sometimes, global pressure quietly enters everyday life through fuel prices, grocery bills, travel costs, and job uncertainty. That is exactly why Finance Minister Nirmala Sitharaman recently warned against “fear mongering” while explaining the growing…

MyLifeXP

The three Fs that Sitharaman flagged as India braces for a widening global oil shock, forex strain

In light of increasing global unrest from the West Asia crisis and fluctuations in the energy sector, Finance Minister Nirmala Sitharaman is advocating for a concentrated approach to managing fuel, fertiliser, and foreign exchange resources. Prime Minister Modi's recent appeals to conserve foreign currency and reduce discretionary imports underscore this…

The Economic Times

Who gets what in Vijay’s Tamil Nadu Cabinet as Congress, VCK, IUML join power table

Tamil Nadu's political landscape has shifted with Chief Minister C Joseph Vijay forming a 35-member coalition ministry. This new government includes Congress, IUML, and VCK, marking a departure from the state's traditional two-party order. Vijay retains key portfolios, emphasizing control over administration and law and order.

The Economic Times

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Tamil Nadu ministers list 2026: From Maria Wilson to Srinath, here is the full list of Vijay’s cabinet

TN ministers list 2026: Tamil Nadu Chief Minister C. Joseph Vijay has expanded his Cabinet by inducting 23 MLAs and assigning portfolios across key departments including Finance, Tourism, Higher Education and Artificial Intelligence. The expansion marks Congress’ return to the Tamil Nadu government after 59 years and also sees four…

The Economic Times

Willis and Peters’ foreign affairs feud the latest sign of coalition discord

Analysis: With the Foreign Minister and Finance Minister firmly at odds on a key budget area, how would a second term in office play out?

Newsroom.co.nz

Cabinet approves relief scheme

The cabinet has approved the "Thais Help Thais Plus" programme together with additional support measures for vulnerable groups, with a combined budget of 176 billion baht, Finance Minister Ekniti Nitithanprapas announced on Tuesday.

Bangkok Post

Minister tells Crown companies to ‘get on the bus’ with cost-cutting

But Air NZ, and the three big power gentailers that paid $564m in dividends last year, won't be expected to lay off staff. Jonathan Milne reports.

Newsroom.co.nz

Nearly 9000 public sector jobs to go, government agencies to merge

A week ahead of the Budget, the Finance Minister unveils an extensive restructure of the public service, with jobs to be cut at many agencies

Newsroom.co.nz

Rs 40 lakh return from Rs 22,000 investment? How ‘Quantum AI’ scam is misusing Nirmala Sitharaman’s name to lure investors

Quantum AI scam: A viral message falsely claims Finance Minister Nirmala Sitharaman is promoting a 'Quantum AI' investment scheme. It promises huge returns on small investments with zero risk and government guarantee.

The Economic Times

Dollar Weakens as Japan Intervenes in Forex Market to Support the Yen

The dollar index (DXY00 ) on Thursday tumbled to a 1.5-week low and finished down by -0.95%. Thursday’s +2% rally in the yen weighed on the dollar after the Nikkei reported that the Japanese government and the BOJ conducted yen-buying operations. Earlier on Thursday, Japanese Finance Minister Satsuki Katayama warned...

Barchart

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AAP

NDIS in treasurer's sights as budget outlook darkens

The treasurer is playing down talk of an improvement to the federal budget bottom line after economists tipped an Iran war-driven revenue boon.

International Business Times UK

UN and Rights Groups Say Rape Using Trained Dogs at Israel Detention Sites Is Systematic, Endorsed at the Highest Level

A UN-backed report alleges systematic sexual violence against Palestinians in Israeli detention, including rape involving trained dogs, as part of an organised state policy. Israel denies the allegations.

Euronews

Germany cuts fuel tax as oil prices surge on Iran blockade

Following tense exchanges between Economics Minister Reiche and Finance Minister Lars Klingbeil, the government held talks over the weekend. Will the coalition succeed in easing the burden on citizens, or will it collapse?

AAP

'Circle of life': major reshuffle as senior MPs quit

Three state ministers have called time on their political careers, triggering a major cabinet reshuffle and factional carve-up as an election looms.

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AAP

Calm before storm: RBA braces for spikes and hikes

The economy is expected to be hit with a savage inflation spike which will in turn increase the chances of more interest rate hikes.

Fortune

The CFO who turned Adobe's finance department into an AI lab

Dan Durn is auto-responding to 300,000 emails, slashing contract review times, and stress-testing earnings messaging with AI. His thesis: finance that doesn't adopt AI becomes a brake on growth.

Evening Standard

Robison urges UK Government to ‘finally step up’ and support Glasgow after fire

The Finance Secretary will meet Chief Secretary to the Treasury James Murray in Belfast on Thursday.

The Independent UK

‘Exemplify joy of dispute and debate’, Forbes urges new MSPs in final speech

The Deputy First Minister is stepping down as an MSP at May’s election.

Whats Hot

Tesla’s Long-Time Finance Leader Sendil Palani Steps Down After 17 Years

Sendil Palani, one of the most influential financial leaders at Tesla, has stepped away from the electric vehicle giant after an extraordinary 17-year tenure that spanned the company’s early survival struggles and its transformation into a global technology powerhouse.

The Independent UK

Irish deputy premier criticises fuel price ‘anomalies’

Big differences in prices at fuel pumps cannot ‘be blamed on Iran or what’s happening in the Gulf’, Ireland’s deputy premier has said.

Evening Standard

O’Dowd calls for direct support for customers hit by home heating oil price rise

The Finance Minister said the powersharing Executive does not have the financial ‘firepower’ to fund any relief scheme.

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