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SRI LANKA BUDGET
Sri Lanka offers better value than Rishikesh, man claims after staying in beach-facing hotel for half the priceA recent social media post highlighted a stark cost difference between domestic and international travel, with a friend opting for Sri Lank...
No shortage of energy in country, LPG, oil supply situation comfortable: Hardeep Singh PuriSpeaking with reporters in Ludhiana, Puri further asserted that, while fuel prices rose considerably in many countries, rates in India drop...
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
July rollout of India, US trade interim pact likely as two move to seal 'vibrant’ 1st phase: Piyush GoyalIndia and the United States are close to finalizing an interim trade agreement. The first phase of this pact is anticipated to be executed ...
Summer travel plans take no break: Domestic demand remains strong despite rising fuel costs and airfares, fewer flightsIndians are not cancelling summer holidays despite higher costs and fewer flights. Many are choosing domestic trips or nearby international...
Summer travel plans show no signs of slowing: Domestic demand remains strong despite higher airfares, rising fuel costs & fewer flightsDespite rising airfares and fuel costs, Indians are continuing their summer holidays, though many are adjusting their plans. Domestic trave...
Shot of hike as painkiller: India’s economic storm calls for decisive MPC actionIndia's economy faces a perfect storm. The rupee is at historic lows, subsidies are soaring, and fiscal deficit risks are rising. Capital o...
Jingle bell blues: Christmas orders from US, Europe drop 10-15% as West Asia crisis bitesChristmas goods orders from key markets like the US and Europe have seen a 10-15% dip this year. Global economic uncertainties, rising raw ...
GST gains eroded by Gulf war: Dabur CEO Mohit MalhotraDabur's CEO Mohit Malhotra says the West Asia war has impacted the gains from GST measures. The company is raising prices and acquiring dig...
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
Observe and shock absorb: To ride out this oil crisis, focus should be on well-targeted support, not broad price suppressionIndia is navigating a critical oil import challenge. The government's approach of keeping fuel prices steady faces fiscal and equity questi...
Sri Lanka government no longer sells public enterprises, Attorney General clarifies in SCSri Lanka's government has halted the planned sale of key state enterprises. Sri Lankan Airlines, Sri Lanka Telecom, Sri Lanka Insurance, a...
Sri Lanka expects economy to grow at 5%, repay all debt, President Dissanayake saysSri Lanka aims to transform its economy and commence debt repayments by 2028, President Anura Kumara Dissanayake stated in his first full b...
Sri Lankan President Ranil Wickremesinghe hopeful of successful debt restructuring talks with India and ChinaSri Lanka has large debt rollover volumes (Gross Financing Need) running up to 37 per cent of GDP in 2022, which the IMF wants to bring dow...
S&P downgrades Sri Lanka on debt servicing risksS&P's downgrade from "B-" follows Fitch and Moody's taking similar action in recent months and underlines the challenges facing the country...
Sri Lanka's reserves get boost after forex swap from IndiaSri Lanka's foreign exchange reserves rose to $6.6 billion following currency swap deals with India and SAARC, the government has said.
Spinner Harbhajan Singh to invest in Sri LankaHarbhajan met Finance Minister Ravi Karunanayake in his office yesterday and discussed investment opportunities in Sri Lanka.
Economic Survey 2011-12: India to join league of youngest nations by 2020India will emerge as one of the youngest nations by 2020 and this changing demographic condition could pose some challenges as well.
- Sri Lanka's budget airline grounded by lack of planes
Sri Lanka's state-run budget carrier has suspended operations indefinitely because of a lack of planes, an aviation official said on Sunday.