February 2, 2018 - It is with a mixture of emotion that we must inform you that Interceder will cease its service over the coming weeks. For nearly a decade we have been helping you find relevant information across thousands of news and social sources, to keep you abreast of the latest news. We’re a small team of two who have run Interceder outside of our regular day jobs and are intensely proud of what we managed to accomplish over the years. Through a lack of time to maintain the site and growing costs associated with acquiring, indexing, analysing and hosting content we will be shutting down Interceder for good. All things reach a natural end, but we could not be more grateful for the way you made us part of your day, so instead of saying goodbye we would just like to say thank you!

Finance Ministry

Latest articles

14m
Yonhap News Agency
S. Korea demands long-term commitment, transparent management from GMbased on the audit results is reasonable, reasonable enough to persuade other s
Yonhap News Agency / Posted 14 minutes ago
based on the audit results is reasonable, reasonable enough to persuade other shareholders, stakeholders and the public," a finance ministry official said. GM has offered to convert $2.7 billion in debt owed by its South Korean operation into... Read more
4 related articles
5h
Central Chronicle
Shifting ResponsibilityStrangely the Union Finance Ministry has asked the Reserve Bank of India how su
Central Chronicle / Posted 5 hours ago
Strangely the Union Finance Ministry has asked the Reserve Bank of India how such a big financial scam of Punjab National Bank has not come into its attention? It is outright shifting the blame and responsibility on others to save itself. Actually... Read more
237 related articles
6h
AllAfrica.com
Minister Pushes for Students Fund Downgradethe lack of implementation of Cabinet decisions. Cabinet resolved in 2016 to mo
AllAfrica.com / Posted 6 hours ago
the lack of implementation of Cabinet decisions. Cabinet resolved in 2016 to move the funding aspect of NSFAF to the finance ministry, but this was never implemented. The Geingob administration has not shied away from shutting down poorly... Read more
7h
The Hindu
Govt. opposes plea for probe into PNB fraud in Supreme Courtwere “magnanimously issued” by the Punjab National Bank. The petitioner called
The Hindu / Posted 7 hours ago
were “magnanimously issued” by the Punjab National Bank. The petitioner called for guidelines to be framed by the Finance Ministry for loans worth over ₹10 crore. In case of default, their passports should be immediately impounded and... Read more
8h
Central Chronicle
2018 February 21Strangely the Union Finance Ministry has asked the Reserve Bank of India how su
Central Chronicle / Posted 8 hours ago
Strangely the Union Finance Ministry has asked the Reserve Bank of India how such a big financial scam of Punjab National Bank has not come into its attention? It is outright shifting the blame and responsibility on others to save itself.... Read more
9h
Swissinfo
Support wanes for abolition of public broadcast feeThe federal taxes, including value added tax, currently make up two thirds of t
Swissinfo / Posted 9 hours ago
The federal taxes, including value added tax, currently make up two thirds of the annual national revenue – around CHF44 billion ($47 billion) in 2016. The finance ministry warned rejection of the extension would be an absolute disaster for the sta... Read more
10h
Gulf News
Experts fear evil face of AIreport details a plausible scenario in which an office-cleaning SweepBot fitted
Gulf News / Posted 10 hours ago
report details a plausible scenario in which an office-cleaning SweepBot fitted with a bomb infiltrates the German finance ministry by blending in with other machines of the same make.The intruding robot behaves normally -- sweeping,... Read more
10h
The Borneo Post
Top experts warn against ‘malicious use’ of AIreport details a plausible scenario in which an office-cleaning SweepBot fitted
The Borneo Post / Posted 10 hours ago
report details a plausible scenario in which an office-cleaning SweepBot fitted with a bomb infiltrates the German finance ministry by blending in with other machines of the same make. The intruding robot behaves normally — sweeping,... Read more
11h
dna
The other side of the PNB fraudbarbaric norms, the same banks have always refrained from even making the names
dna / Posted 11 hours ago
barbaric norms, the same banks have always refrained from even making the names of corporate defaulter’s public. The Finance Ministry, as well as the RBI, have time and again pleaded before the Supreme Court not to disclose the names of... Read more
20h
dna
PNB Fraud: Shashi Tharoor shares tweet on how Lal Bahadur Shastri's widow returned Rs 5000 to bank after he diedsector bank told PTI. No immediate comments were available from these companies
dna / Posted 20 hours ago
sector bank told PTI. No immediate comments were available from these companies. There is strict instruction from the finance ministry to all banks that no big fish should go scot free and no honest borrower is harassed, the official... Read more
237 related articles
1d
The Hindu
SC agrees to hear plea to order probe against PNB top management; deport Nirav Modi in 2 monthsof every bank account,” the petitioner argued before the Bench. The petitioner
The Hindu / Posted yesterday
of every bank account,” the petitioner argued before the Bench. The petitioner called for guidelines to be framed by the Finance Ministry for loans worth over ₹10 crore. In case of default, their passports should be immediately impounded and... Read more
237 related articles
1d
dna
PNB fraud: Searches underway at Nirav Modi's Alibaug farm house; CBI examines bank officialsNirav Modi Group of Firms. The Central Vigilance Commissioner KV Chowdary also
dna / Posted yesterday
Nirav Modi Group of Firms. The Central Vigilance Commissioner KV Chowdary also met senior officials of the bank and the Finance Ministry. The banks officials are understood to have shared with the Central Vigilance Commission (CVC) the details... Read more
237 related articles
1d
dna
Pak sends top official to Paris to plead its case that it is not involved in state-sponsored terrorismand the Falah-e-Insaniyat Foundation (FIF) have created problems for the Pakist
dna / Posted yesterday
and the Falah-e-Insaniyat Foundation (FIF) have created problems for the Pakistan government, The Express Tribune quoted Finance Ministry officials as saying. The decision to send Ismail was taken abruptly, it said. The US and the UK have moved... Read more
1d
asianage
CBI refuses to disclose expenses to bring back Mallya, Lalit Modiand Mallya, who are in London, have denied allegations of wrongdoing. The RTI a
asianage / Posted yesterday
and Mallya, who are in London, have denied allegations of wrongdoing. The RTI application was forwarded to the CBI by the finance ministry. In its response, the CBI said it is exempted from making any disclosures under the RTI Act through a... Read more
1d
dna
CBI refuses to disclose expenses incurred to bring back Vijay Mallya, Lalit Modito pursue an extradition case against the embattled liquor tycoon. The RTI app
dna / Posted yesterday
to pursue an extradition case against the embattled liquor tycoon. The RTI application was forwarded to the CBI by the Finance Ministry. The agency transferred it to the Special Investigation Team looking after these cases. In its response to... Read more
1d
Australian Broadcasting Corporation
Three more arrested in biggest loan fraud in Indian historybefore a court over the weekend. The arrests came as the ripples from India's
Australian Broadcasting Corporation / Posted yesterday
before a court over the weekend. The arrests came as the ripples from India's biggest banking scam continued on Monday.Finance Ministry points finger at Reserve Bank The Finance Ministry pointed a finger at the Reserve Bank of India (RBI) for... Read more
237 related articles
1d
dna
A bank for the buckreform will, therefore, be steep.” And now that the PNB fraud is front and cen
dna / Posted yesterday
reform will, therefore, be steep.” And now that the PNB fraud is front and center blowing up not just in the face of the Finance Ministry but also the RBI, the old call of banking reform is being heard from all institutional rooftops. These calls... Read more
1d
asianage
CBI arrests three more Punjab National Bank men for fraudin Mumbai. In a related development, Central Vigilance Commissioner K.V. Chowd
asianage / Posted yesterday
in Mumbai. In a related development, Central Vigilance Commissioner K.V. Chowdary met senior officials of PNB and the finance ministry for a briefing by bank officials and action taken by them in the matter. “This is not something that can be... Read more
237 related articles
1d
Business Standard India
Govt tells PSBs to integrate banking systems, rotate staff as a policybooks. "Banks need to put systems in place to ensure security of transactions
Business Standard India / Posted yesterday
books. "Banks need to put systems in place to ensure security of transactions is not compromised," the official said. The finance ministry has also told all banks to immediately implement a rotation policy for staffers. "There should be periodic... Read more
237 related articles
1d
The Hindu
PNB fraud: Vigilance Commission seeks report in 10 daysThe Central Vigilance Commission has sought detailed reports from the Punjab Na
The Hindu / Posted yesterday
The Central Vigilance Commission has sought detailed reports from the Punjab National Bank (PNB) and the Finance Ministry on the ₹11,200-crore scam that has rocked the Indian banking sector. The report has to be submitted in 10 days, according to... Read more
237 related articles
1d
asianage
Govt says PNB fraud points to 'supervisory failure' at RBIletter as saying. The RBI did not immediately respond to a request for comment
asianage / Posted yesterday
letter as saying. The RBI did not immediately respond to a request for comment on Monday, which was a holiday in Mumbai. A finance ministry spokesman declined comment. Rajeev Kumar, the top government official overseeing banks, told Reuters in New... Read more
237 related articles
1d
asianage
CBI, ED register cases against Rotomac Pens owner for Rs 3,600 cr fraudto advance money, the CBI alleged. In a parallel action, the Enforcement Direc
asianage / Posted yesterday
to advance money, the CBI alleged. In a parallel action, the Enforcement Directorate, a probe unit that functions under finance ministry, also registered a case of alleged money laundering against Rotomac pens' promoters. The ED also named... Read more
237 related articles
2d
Eye Witness News
Budget speech to set out 'tough' measures to repair post-Zuma economyJacob Zuma’s new cabinet in Pretoria on 31 March 2017. Picture: Reinart Toerien
Eye Witness News / Posted 2 days ago
Jacob Zuma’s new cabinet in Pretoria on 31 March 2017. Picture: Reinart Toerien/EWN JOHANNESBURG - South Africa’s finance ministry is set to spell out “tough decisions” in its 2018 Budget on Wednesday to plug a revenue gap and narrow the... Read more
2d
New Zimbabwe
When Zimbabwe was world's freest economyfrom Zimbabwe’s current rulers. The miraculous turnaround happened between 200
New Zimbabwe / Posted 2 days ago
from Zimbabwe’s current rulers. The miraculous turnaround happened between 2009 and 2013 when the MDC had control of the finance ministry, during a period when the ruling Zanu-PF was forced to share power with the MDC – an arrangement known as... Read more
2d
Business Standard India
PNB fraud: Govt thinks RBI may be unable to ensure effective supervision?quoted the letter as saying. Rajeev Kumar, the top government bureaucrat overs
Business Standard India / Posted 2 days ago
quoted the letter as saying. Rajeev Kumar, the top government bureaucrat overseeing banks, told Reuters in New Delhi the finance ministry had written to the country's banks to take effective steps to avoid a repeat of a PNB-like fraud. Kumar... Read more
237 related articles
2d
Business Standard India
PNB will have to own responsibility of bona fide transactions, says FinMinbillion loan fraud scam, will need to honour the "bona fide" transactions that
Business Standard India / Posted 2 days ago
billion loan fraud scam, will need to honour the "bona fide" transactions that have occurred through the bank's platform, a finance ministry official said on Monday. In the case, diamond billionaire Nirav Modi and others are accused of colluding... Read more
237 related articles
2d
AllAfrica.com
Standard Bank's New Executives Report Directly to Mungundathe deputy permanent secretary, treasury and accountant general at the Ministry
AllAfrica.com / Posted 2 days ago
the deputy permanent secretary, treasury and accountant general at the Ministry of Finance. Prior to his appointment at the finance ministry, Ndove worked at the Bank of Namibia (BoN) as the director of financial markets. He is a University of... Read more
2d
The Manila Times
Merkel to tap rumored successor for top party roleshe made to seal another loveless “grand coalition” with the Social Democrats (
The Manila Times / Posted 2 days ago
she made to seal another loveless “grand coalition” with the Social Democrats (SPD)—with the loss of the powerful finance ministry portfolio a particularly bitter blow. By appointing one of her closest confidantes to a top CDU role,... Read more
4 related articles
2d
Geelong Advertiser
Japan has first trade deficit in 8 monthsto 7 trillion yen with imports of petroleum up 11.4 per cent and those of lique
Geelong Advertiser / Posted 2 days ago
to 7 trillion yen with imports of petroleum up 11.4 per cent and those of liquefied natural gas rising 11.5 per cent, the Finance Ministry said in a preliminary report. The value of outbound shipments from Japan jumped 12.2 per cent from a year... Read more
2d
AllAfrica.com
The Politics Behind The U.S.$200 Million Loan Sagafiscal activities. They argue that the money could not have gone to the tagged
AllAfrica.com / Posted 2 days ago
fiscal activities. They argue that the money could not have gone to the tagged entities because, in any case, the Finance Ministry would have already made expenditure releases to those entities, and the PTA loan money was... Read more
2d
AllAfrica.com
Nigeria Sells U.S.$2.5 Billion Eurobonds to Replace Naira Debtof 12-year securities with a yield of 7.14 percent and a separate 20-year tranc
AllAfrica.com / Posted 2 days ago
of 12-year securities with a yield of 7.14 percent and a separate 20-year tranche, also $1.25 billion, at 7.7 percent, the finance ministry said on Twitter. Investors placed more than $11.5 billion of orders, according to the ministry. The sale... Read more
2d
AllAfrica.com
IMF Speaks Out On Rwanda's Debt Levelslevels in Rwanda are manageable. Those numbers have gone up recently but are st
AllAfrica.com / Posted 2 days ago
levels in Rwanda are manageable. Those numbers have gone up recently but are still manageable. You need debt to grow, the finance ministry is careful on what kind of debt it taking on. It is at a manageable level. One thing we need to be careful... Read more
2d
Business Standard India
PNB crisis: Chaos underlines financial services department's poor capacityThe department of financial services, a wing of the Union finance ministry, has
Business Standard India / Posted 2 days ago
The department of financial services, a wing of the Union finance ministry, has a headcount of about 1,600 employees. On paper, this number may look impressive. But the overall staff strength of any department at the Centre, however, does not truly... Read more
2d
News.com.au
Japan has first trade deficit in 8 monthsto 7 trillion yen with imports of petroleum up 11.4 per cent and those of lique
News.com.au / Posted 2 days ago
to 7 trillion yen with imports of petroleum up 11.4 per cent and those of liquefied natural gas rising 11.5 per cent, the Finance Ministry said in a preliminary report. The value of outbound shipments from Japan jumped 12.2 per cent from a year... Read more
2d
The Hindu
Cryptoassets: regulation in the air?Despite repeated cautions by the Reserve Bank of India and the Finance Ministry
The Hindu / Posted 2 days ago
Despite repeated cautions by the Reserve Bank of India and the Finance Ministry about the risks associated with investing in cryptocurrencies and their illegality when used as actual currency, the crypto-industry is still pretty enthusiastic about... Read more
3d
Swissinfo
Switzerland and Saudi Arabia sign double-taxation agreementUeli Maurer has signed an agreement with his Saudi Arabian counterpart on doubl
Swissinfo / Posted 3 days ago
Ueli Maurer has signed an agreement with his Saudi Arabian counterpart on double taxation between the two countries, the finance ministryexternal link announced on Sunday. The accord finalises negotiations that began back in 2010. In August... Read more
3d
The Hindu
Pakistan borrows $500 million from Chinarupee against the U.S. dollar increased to $1 billion in just three months. It
The Hindu / Posted 3 days ago
rupee against the U.S. dollar increased to $1 billion in just three months. It further reported, quoting sources in the Finance Ministry, that the government contracted the loan on January 15 at an approximate rate of 4.5%. In January, Pakistan... Read more
2 related articles
4d
asianage
NiMo scam: PM sleeps while thieves flee with country's wealth, accuses Congthe Congress leader told reporters. Sibal, a former minister and noted lawyer,
asianage / Posted 4 days ago
the Congress leader told reporters. Sibal, a former minister and noted lawyer, accused the Prime Minister's office and the finance ministry of turning a blind eye to the multi-crore bank scam, saying they were very much aware of it. "They were... Read more
237 related articles
4d
dna
Nirmala Sitharaman links Abhishek Manu Singhvi's wife with Nirav Modi's company, Cong spokie threatens defamationto its knees," he told reporters. Sibal, a former minister and noted lawyer, a
dna / Posted 4 days ago
to its knees," he told reporters. Sibal, a former minister and noted lawyer, accused the Prime Minister's office and the finance ministry of turning a blind eye to the multi-crore bank scam, saying they were very much aware of it. "They were... Read more
237 related articles
4d
dna
PNB Fraud: Nirmala Sitharaman says Rahul Gandhi attended event hosted by Gitanjali Gemsto its knees," he told reporters. Sibal, a former minister and noted lawyer, a
dna / Posted 4 days ago
to its knees," he told reporters. Sibal, a former minister and noted lawyer, accused the Prime Minister's office and the finance ministry of turning a blind eye to the multi-crore bank scam, saying they were very much aware of it. "They were... Read more
237 related articles
4d
dna
Pakistan borrows US $500 million from Chinarupee against the US dollar increased to USD 1 billion in just three months. I
dna / Posted 4 days ago
rupee against the US dollar increased to USD 1 billion in just three months. It further reported quoting sources in the finance ministry that the government contracted the loan on January 15 at a rate in the range of 4.5%. In January, the... Read more
2 related articles
4d
Business Standard India
Pakistan takes $500-mn loan from Industrial & Commercial Bank of Chinastrong rupee against the US dollar increased to $1 billion in just three months
Business Standard India / Posted 4 days ago
strong rupee against the US dollar increased to $1 billion in just three months. It further reported quoting sources in the finance ministry that the government contracted the loan on January 15 at a rate in the range of 4.5 per cent. In January,... Read more
2 related articles
4d
asianage
CM Fadnavis plans sop for state farmers, 50 per cent prices over MSPstand on this. The state government will present its budget on March 9. Accordi
asianage / Posted 4 days ago
stand on this. The state government will present its budget on March 9. According to sources, officers from the finance ministry and the Chief Minister’s Office are working on the proposal. After losing badly in the by-elections in... Read more
4d
Eye Witness News
Eyes on Gigaba amid talk of Cabinet reshuffle before budgetbeen public enterprises minister under Zuma from 2009-2014. He also served as
Eye Witness News / Posted 4 days ago
been public enterprises minister under Zuma from 2009-2014. He also served as home affairs minister before moving to the finance ministry. In October, Gigaba announced dire budget forecasts that included weak growth expectations, revenue... Read more
2 related articles
4d
The Hindu
How did system allow PNB fraud, asks CVCapex body for checking corruption in the government, has summoned senior offici
The Hindu / Posted 4 days ago
apex body for checking corruption in the government, has summoned senior officials from the Reserve Bank of India, the Finance Ministry, along with the Chief Vigilance Officer of Punjab National Bank (PNB), early next week to assess how the... Read more
237 related articles
4d
Swissinfo
Minority government better than SPD alliance - top German conservative argueshad defended concessions that her CDU and their CSU Bavarian allies made to the
Swissinfo / Posted 4 days ago
had defended concessions that her CDU and their CSU Bavarian allies made to the SPD, including handing over the finance ministry. She said that Germany would most likely hold a new election if the SPD's 464,000 members rejected the deal... Read more
3 related articles
4d
dna
Pak face looming economic threat from return to terrorist financing 'grey list'after three years. "We don't think the consequences are going to be drastic bu
dna / Posted 4 days ago
after three years. "We don't think the consequences are going to be drastic but it's definitely not good," said one senior finance ministry official.Military successes against militants and massive Chinese infrastructure investments have restored... Read more
4d
EuroNews
Dutch to hire 750 new customs agents before Brexit - ANPreport cited Menno Snel as saying the process would begin immediately due to th
EuroNews / Posted 4 days ago
report cited Menno Snel as saying the process would begin immediately due to the time it needed to train the agents. The Finance Ministry could not immediately be reached for comment. (Reporting by Toby Sterling; Editing by... Read more
5d
AllAfrica.com
Ministers Clash Over Storage Facilityfall short of what can be expected from the facility, which would cost over N$5
AllAfrica.com / Posted 5 days ago
fall short of what can be expected from the facility, which would cost over N$5,6 billion of taxpayers' money. He said the finance ministry or the Cabinet committee on treasury headed by Schlettwein was not the correct body to deal with Vitol SA's... Read more
5d
Civil Georgia
Government Unveils New Tax Initiative for Small BusinessesThe Georgian Finance Ministry has unveiled a new initiative envisaging tax brea
Civil Georgia / Posted 5 days ago
The Georgian Finance Ministry has unveiled a new initiative envisaging tax breaks for small businesses. According to the new tax reform unveiled by Finance Minister Mamuka Bakhtadze on February 16, those natural persons whose turnover from economic... Read more
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