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LANKA FOOD CRISIS
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%As the market seems to be in comeback mode, it helps to be aware that the best (and probably biggest) wealth creator of the last couple of ...
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...
Human urine becomes option for farmers in fertilizer supply crunchFrom chicken muck to human urine-based products and microbial solutions, growers are improvising to maintain crop yields. This shift, while...
AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
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...
Oil shock will hit Asia harder than the 1970sAsia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...
Global Market: Emerging markets face mounting economic pressure amid Iran war disruptionsThe Iran war's economic ripple effect is hitting emerging markets hard, two months on. Rising inflation, trade disruptions, and fiscal stra...
India needs to reduce the strategic importance of fertilisers through a bold agricultural policyGlobal events like the West Asia conflict and El Nino threaten governments. Rising fertilizer prices create a fiscal and political crisis f...
Iran war leaves crisis-scarred countries counting the costIran war: Sri Lanka, Egypt, and Pakistan are struggling with rising energy costs. The Iran war has worsened their economic situations. Thes...
Children 'going to bed hungry' in bankrupt Sri Lanka: UNSri Lanka is grappling with its worst downturn on record after running out of foreign currency to buy imports, leaving scarce supplies of f...
India hands over 21,000 tonnes of fertilizer to Sri Lanka"Adding to the fragrance of friendship and cooperation. High Commissioner formally handed over 21,000 tonnes of fertilizer supplied under I...
India hands 44,000 MT of urea to crisis-hit Sri LankaAgriculturists have warned that the country may encounter a food shortage by mid-August in the ongoing economic crisis. India has committed...
PM Modi assures Sri Lankan President Rajapaksa of fertiliser supplies amid worsening food shortagesSri Lanka is aiming to boost its agriculture sector to avoid any disruption in the agriculture market following the drop in paddy cultivati...
India assures Sri Lanka of fertiliser supplies to avoid food shortagesThe Sri Lankan government banned chemical fertilisers last year as part of a phased transition towards organic agriculture. The dearth of a...
Lanka crisis: India, Japan to provide relief supplies as threat of severe food shortage loomsAn Indian ship laden with urgent relief supplies like rice, medicines and milk powder for the people of crisis-hit Sri Lanka is scheduled t...
Economic crisis: Talks between Sri Lanka, IMF to conclude on May 24Sri Lanka is facing its worst economic crisis since independence with food and fuel shortages, soaring prices, and power cuts affecting a l...
Sri Lanka welcomes G7 announcement in securing debt relief: PM Ranil WickremesingheIn this challenging time, the Group of Seven (G7) nations have announced that they will assist Sri Lanka in securing debt relief.
More pain in Sri Lanka before any resolution to crisisThe dire assessment by new Prime Minister Ranil Wickremesinghe this week of the island nation's economic plight was a necessary first step,...
Lawmaker: Sri Lanka president agrees to remove brother as PMSri Lanka is near bankruptcy and has announced it is suspending payments on its foreign loans. It has to repay $7 billion in foreign debt t...
Sri Lanka inflation hits record 14 per cent as food crisis worsensThe island's tourism-dependent economy has been hammered by the pandemic with the government imposing broad import restrictions to avert a ...