June 22, 2025

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Finance

FM Sitharaman chairs CBIC Conclave; Pushes for simpler GST, faster customs clearance, and stronger grievance redressal

  • June 20, 2025

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired a comprehensive Conclave with Principal Chief Commissioners, Chief Commissioners, and Director Generals of the Central Board of Indirect Taxes and Customs (CBIC) in New Delhi today. The meeting saw detailed presentations on the performance of CGST and Customs zones, highlighting progress and challenges across registration,

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ideal-finance.com Partners with International Financial Giants to Build a New Mechanism for Global Asset Cross-Border Circulation
Finance

ideal-finance.com Partners with International Financial Giants to Build a New Mechanism for Global Asset Cross-Border Circulation

  • June 20, 2025

New York, USA, June 20, 2025 (GLOBE NEWSWIRE) — The leading global digital finance platform ideal-finance.com has announced deep strategic collaborations with several top international banks and multinational financial institutions to jointly promote the reconstruction of the global asset cross-border circulation system and establish a future-oriented digital asset clearing and compliance trading bridge. This collaboration

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Finance

Are Gen-Z reckless with savings, or are they better at it than millennials?- The Week

  • June 20, 2025

Gen-Z may not be the reckless generation that many see them to be. A recent Nielson-AngelOne report revealed that 93 per cent of young adults were consistent savers, with the majority saving 20 to 30 per cent of their monthly income. The financial habits of Gen-Z are a reflection of the world they grew up

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Finance

Sundaram Finance expands Sundaram Wealth service to HNIs

  • June 20, 2025

Sundaram Finance (SF) on Friday announced the expansion of Sundaram Wealth as a dedicated wealth management offering. This positions the company to better serve sophisticated financial needs of Ultra High Net Worth Individuals, High Net Worth Individuals (HNI) and affluent families across India, a statement from SF said. The expanded offering will build upon the

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Finance

Apollo to finance UK Hinkley Point nuclear plant with £4.5bn loan

  • June 20, 2025

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US private capital group Apollo will provide £4.5bn in debt financing to support the UK’s Hinkley Point C nuclear power station, easing mounting financial pressure on the delayed and over-budget project. The investment-grade package will

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Finance

Kenyan MPs Pass Finance Bill 2025, Sent to President Ruto for Approval

  • June 19, 2025

Members of Parliament (MPs) have passed the proposed Finance Bill 2025, which will raise funds to support the financial year 2025/26 budget. Search option is now available at TUKO! Feel free to search the content on topics/people you enjoy reading about in the top right corner 😉 National Assembly Finance Committee chair Kimani Kuria. Photo:

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Finance

Joint Finance Committee’s executive session canceled at last minute as budget deadline nears | Top Stories

  • June 19, 2025

MADISON (WKOW) — Renewed budget talks between Gov. Tony Evers and legislative Republicans appear to have fallen apart again. The Joint Finance Committee’s executive session to discuss the state budget was put on hold Thursday. Just a few minutes before it was scheduled to start at 1 p.m., Senate Majority Leader Devin LeMahieu (R-Oostbug) sent

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Finance

State budget talks fall apart amid Republican infighting | Top Stories

  • June 19, 2025

MADISON (WKOW) — Renewed budget talks between Gov. Tony Evers and legislative Republicans have fallen apart again. The Joint Finance Committee’s executive session to discuss the state budget was canceled Thursday, shortly before it was scheduled to start. Senate Majority Leader Devin LeMahieu (R-Oostbug) sent out a statement saying JFC was “paused.” “Conversations between legislative

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Finance

Mansfield finance director cautions local lawmakers about revenue concerns

  • June 19, 2025

MANSFIELD — Mansfield Finance Director Kelly Converse, for a second straight month, has illuminated revenue caution lights for City Council. In May, Converse told local lawmakers income tax revenues were lagging 1-percent below estimates for 2025 through April. She said this largely stems from changes at the state level in business net profit tax collections

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Finance

RBI reduces provisioning norms in project finance directive, will take effect in October   

  • June 19, 2025

The Reserve Bank of India (RBI) has published project financing directives laying out norms for resolving stress in project finance, provisioning requirements for projects and flexibility provisions for banks, among other things. The directives will come into force with effect from October 1, 2025. In May 2024, the RBI consulted on the draft guidelines on

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