DARK SECRETS: Finance | Vintage Vibes

Sitharaman sees a ‘plateau’, but India-US trade deal may not be at a dead end yet: GTRI

As India and the US engage in talks for a bilateral trade deal, uncertainties loom over tariff treatments. Finance Minister Nirmala Sitharaman mentioned that the scope for concessions is limited, indicating a plateau. Ajay Srivastava from GTRI cautioned against making unilateral concessions, stressing that additional tariffs might complicate trade relations.…

The Economic Times · 8h ago

Stormont budget being set in London would be ‘profound failure’ – O’Toole

Finance Minister John O’Dowd said the financial offer from the UK Government ‘falls well short of what is needed’.

Evening Standard · 9h ago

India-US trade talks hit a plateau, with little room left to give or take, says Finance Minister Nirmala Sitharaman

India and the US are currently negotiating a trade agreement aimed at expanding market access and addressing trade balance concerns. Finance Minister Nirmala Sitharaman mentioned that both sides appear to have reached a plateau in negotiations. She indicated that further concessions may be challenging following rigorous discussions. Despite this, she…

The Economic Times · 18h ago

India-Jordan trade: Sitharaman seeks deeper ties, $5 billion target by 2030

Finance Minister Nirmala Sitharaman met with Jordan's Minister of Planning Zeina Zeid Toukan in Doha. The two ministers discussed ways to enhance bilateral cooperation in various sectors, including food security and trade. Sitharaman emphasized the goal of reaching $5 billion in bilateral trade by 2030. Jordan expressed interest in strengthening…

The Economic Times · Sep 28

Departments hit insourcing targets on paper while contractor spending surges

Scathing audit exposes design flaw in federal public service anti-outsourcing rules.

The Canberra Times · Sep 28

Billions out the door: agencies' extraordinary June contract rush

There was a big rush to spend taxpayer funds last June.

The Canberra Times · Sep 27

Russia's finance ministry raises taxes to bolster Putin's military budget

More frequent long-range strikes by the Ukrainian armed forces on strategically important targets, as well as growing spending to counter these attacks, are further deepening Russia's budget deficit.

Euronews · Sep 27

MSPs hear fears of ‘cuts upon cuts upon cuts’ ahead of Scottish Budget

Organisations including Police Scotland, Colleges Scotland and the Scottish Trades Union Congress raised concerns with Holyrood’s Finance Committee.

Evening Standard · Sep 23

BRICS should work together on transfer pricing as disputes burden developing nations: FM

Finance Minister Nirmala Sitharaman emphasized the need for BRICS nations to improve collaboration on international taxation. She proposed establishing working groups to address transfer pricing disputes, which affect developing countries disproportionately. This effort aims to shape future cross-border taxation rules through multilateral negotiations. Revenue Secretary Arvind Shrivastava highlighted the importance…

The Economic Times · Sep 23

BRICS economies must shape global tax rules for next generation, says FM Sitharaman

Finance Minister Nirmala Sitharaman said BRICS countries need to ensure their views are reflected in the new global tax rules, as decisions taken in the next few years could shape cross-border taxation for a generation.

The Economic Times · Sep 23