‘इकोनॉमिक्स के फर्स्ट ईयर स्टूडेंट से पूछ लीजिए’, चिदंबरम ने तमिलनाडु के फंड आवंटन पर PM मोदी को घेरा

‘इकोनॉमिक्स के फर्स्ट ईयर स्टूडेंट से पूछ लीजिए’, चिदंबरम ने तमिलनाडु के फंड आवंटन पर PM मोदी को घेरा

प्रधानमंत्री नरेंद्र मोदी रविवार को तमिलनाडु के दौरे पर थे. इस दौरान रामेश्वरम में एक जनसभा को संबोधित करते हुए उन्होंने कहा कि 2014 के बाद केंद्र की एनडीए नेतृत्व वाली सरकार ने तमिलनाडु को 2004 से 2004 की अवधि की तुलना में प्रदेश के विकास के लिए तीन गुना अधिक धनराशि आवंटित किया है. पीएम मोदी के … Read more

In Sri Lanka, a long and rocky road to economic recovery

In Sri Lanka, a long and rocky road to economic recovery

For Sri Lanka’s ruling establishment and its backers, March 20 was a good news day. The International Monetary Fund (IMF) finally responded to the government’s distress call following the collapse of the debt-ridden economy last year, by approving a $3 billion loan aimed at restoring economic stability and growth. “Sri Lanka will no longer be … Read more

Mahinda Rajapaksa, Basil won’t leave Sri Lanka until SC hears petition, their lawyers say

Mahinda Rajapaksa, Basil won’t leave Sri Lanka until SC hears petition, their lawyers say

Sri Lanka’s former prime minister Mahinda Rajapaksa and ex-finance minister Basil Rajapaksa on Thursday gave an undertaking to the Supreme Court through their lawyers that they will not leave the crisis-hit country until the Fundamental Rights petition filed against them is heard on Friday, a media report said on Thursday. A five-judge bench of Lankan … Read more

Sri Lanka court bans ex-PM Mahinda Rajapaksa, allies from leaving country

Sri Lanka court bans ex-PM Mahinda Rajapaksa, allies from leaving country

A Sri Lankan court on Thursday banned former prime minister Mahinda Rajapaksa, his politician son Namal and 15 allies from leaving the country over acts of violence against anti-government demonstrators. The magistrate in the capital Colombo also asked police to investigate Monday’s mob attacks on peaceful protesters, which led to retaliatory violence that claimed nine … Read more

Burnt-out container ship sinks in sea; Sri Lankan Navy bracing for possible oil spill

Burnt-out container ship sinks in sea; Sri Lankan Navy bracing for possible oil spill

The Sri Lankan Navy on Wednesday said that it is getting ready to deal with a possible oil spill after the fire-stricken Singapore-flagged cargo ship laden with chemicals sank in the outer Colombo Harbour following an unsuccessful bid to tow the vessel to deeper seas. Water submerged the MV X-Press Pearl’s rear end a day … Read more

Lanka’s SC moved against legislation on China-backed Colombo Port City

Lanka’s SC moved against legislation on China-backed Colombo Port City

Sri Lanka’s Opposition parties, civil society groups and labour unions have filed multiple petitions in the Supreme Court against a proposed controversial legislation on the China-backed USD 1.4 billion Port City in Colombo, alleging that it violated the country’s sovereignty, the Constitution and labour rights. The bill titled the Colombo Port City Economic Commission was … Read more

India faces container shortage due to export-import mismatch

India faces container shortage due to export-import mismatch

A sudden improvement in exports and a slump in imports, especially from China, have created a shortage of containers for exports, said industry experts and company executives. The waiting time for an access to a container for exporters is now two-three weeks, compared with a maximum of four days earlier, said industry executives. With the … Read more

Leading Indian IT company HCL sets up 1st development centre in Sri Lanka

Leading Indian IT company HCL sets up 1st development centre in Sri Lanka

India’s leading IT company HCL has set up its first development centre in Sri Lanka, the Indian High Commission here said on Tuesday. Prime Minister Mahinda Rajapaksa, who attended the inauguration ceremony, spoke about Sri Lanka’s efforts to accord priority to the IT sector and develop the country as a global technology hub. He observed … Read more