Pakistan`s Finance Minister
Shaukat Tarin resigned on Tuesday following months of strained
relations with other members of the federal Cabinet, saying he
was stepping down to focus on his private business interests.
Japan`s Prime Minister named his
deputy Naoto Kan as Finance Minister on Wednesday, replacing
77-year-old Hirohisa Fujii who is stepping down for health
reasons in a blow to the three-month-old government.
Hike in power tariff has become essential in Orissa, a power surplus state barely an year ago, which is now passing through a phase of severe crisis, state finance minister Prafulla Chandra Ghadai said on Tuesday.
A meeting of India`s central bank Governor Duvvuri Subbarao with Finance Minister Pranab Mukherjee fuelled speculation on Friday that the bank may tighten monetary policy earlier than expected to stem rising prices.
The second and third quarters of
FY`10 are unlikely to see the economy expanding at the pace it
did in April-June period, but that does not warrant a downward revision of growth forecast, Finance Minister Pranab Mukherjee said.
Asserting that India`s FTA with ASEAN would not jeopardise the country`s domestic products, Finance Minister Pranab Mukherjee Sunday said the agreement was entered into to have the advantage to grow and not to destroy our economy.