Maldives faces potential debt default similar to Sri Lanka, with critical foreign reserves depletion and a substantial debt burden. The gov...

Maldives has introduced new rules requiring all foreign currency earnings from the tourism sector to be deposited in local banks. The regul...

Prime Minister Narendra Modi and Maldives President Mohamed Muizzu aim to enhance bilateral ties, with India providing significant financia...

The fate of economic and political reforms required in opposition-mukt Bangladesh now gets tricky. It undermines efforts to sustain the cou...

Jaishankar told reporters after a meeting of foreign ministers of the Shanghai Cooperation Organisation in Goa: "They (Pakistan) are commit...

During his visit to Dubai, Rajapaksa visited the exotic animal farm called "Fame Park," according to news portal newsfirst.lk. Rajapaksa, 7...

India's reserve cover remains strong, at about 9 months of imports, in September. This is higher than during the "taper tantrum" in 2013, w...

After touching 80 to a US dollar, the rupee has pulled back for now, but further fall in value going forward is almost certain.

The economic impact of the various crises is expected to begin manifesting themselves soon, if governments of those countries fail to addre...

The listed Sapphire Foods, which operates quick service restaurant brands KFC and Pizza Hut in the sub-continent including India and Sri La...

India - the biggest in the 8-member SAARC grouping - responded by unveiling a Rs 1.7 lakh crore ($22.6 billion) economic stimulus plan, pro...

The fall in the index was led by losses in HDFC, ITC, Infosys, HDFC Bank, and NTPC. The Nifty50 was trading above its crucial support level...