Archive for February, 2010

The finance minister is confident that the ruling on the landmark assets seizure case against former prime minister Thaksin Shinawatra will not have any major effect on the Thai bourse.

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Thai-ASEAN News Network

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ST. PAUL, Minn. – Minnesota has a new budget forecast on the way — and for the first time in a long time it may not be all bad news

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Budget news to set tone for rest of Minn. session

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Commenting on the new Budget proposals, Finance Secretary Ashok Chawla said that the budget is pragmatic, balanced and realistic. He said, “The economy has been through difficult times and it needed a booster dose in terms of higher public spending, which was provided and has done its job.

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Finance Secretary defends withdrawal of stimulus package

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Fiscal deficit 5.5% with partial stimulus roll back The Finance Minister today presented a budget with fiscal deficit of 5.5 per cent of GDP as he pegged total expenditure at Rs 11.09 lakh crore while the total tax and non-tax revenue estimated at Rs 6.82 lakh crore for the year 2010-11.

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Union Budget 2010 News

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BAD NEWS BONDS: Interest rates rose and Treasury prices fell after the second report in three days of a drop in home sales. The reading on one of the economy’s weakest segments reassured investors that the Federal Reserve would keep interest rates low. BUT…

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Interest rates rise on downbeat economic news

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German authorities say they have bought a CD containing data that documents tax evasion via Switzerland. A spokeswoman for the Finance Ministry in North Rhine-Westfalia state told German news agency DAPD on Friday the data will be handed over to prosecutors.

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Market Commentary and Intraday News

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News agencies, which fulfill certain criteria, are to be exempted from payment of service tax, Finance Minister Pranab Mukerjee said on Friday.

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Service tax exemption for news agencies if…

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European aerospace giant EADS has accepted a proposal from seven partner governments to finance cost overruns of $8 billion on the A400M military transport plane.

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EADS accepts plane finance proposal

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European aerospace giant EADS has accepted a proposal from seven partner governments to finance cost overruns of $8 billion on the A400M military transport plane.

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EADS accepts plane finance proposal

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The government has largely accepted the suggestions made by the 13th Finance Commission that has recommended a 32-percent share of the federal taxes for states, as well as grants for local, urban and rural elected bodies for the first time.

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Recommendations of Finance Commission largely accepted: Mukherjee

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