In November last year, the government had approved sale of CEL -- a public sector enterprise under the Department of Scientific and Industr...

The worsening forex crisis caused essential items shortages triggering massive public protests in the street since early this year that led...

Sri Lanka is going through the worst economic crisis since its independence from Britain in 1948 and needs to obtain at least USD 4 billion...

With the intention of attracting foreign currency in the hands of the public into the formal banking system, Minister of Finance Ranil Wick...

Central Bank of Sri Lanka Governor Nandalal Weerasinghe said there will be no debt servicing until the country was able to restructure its ...

The crisis is caused in part by a lack of foreign currency, which has meant that the country cannot afford to pay for imports of staple foo...

The policy is likely to be unveiled the following morning, after which the new governor is expected to lay out his priorities and plans at ...

President Gotabaya Rajapaksa's overture came as armed troops looked to quell more demonstrations over what the government acknowledges is t...

In a written reply to the Lok Sabha, Minister of State for Finance Bhagwat Karad said some allegations have been received from a CEL employ...

Allegations of under-valuation in the Rs 210 crore highest bid made by the city-based Nandal Finance & Leasing are being examined, said Tuh...

The government had approved the sale of CEL for ₹210 crore in November last year. The transaction was scheduled to be completed by March 20...

The party alleged that not only was the profit-making PSU, founded in 1974 with expertise to commercially exploit indigenous technologies d...

The Niti Aayog has recommended privatisation of the two along with other non-strategic public sector entities.

The Alternative Mechanism (AM) on strategic disinvestment comprises Road Transport Minister Nitin Gadkari, Finance Minister Nirmala Sithara...

Chief minister Manohar Lal will contest from Karnal seat that he won in 2014.

Union Minister Birender Singh has not cleared the "outstanding" amount of Rs 24.23 lakh of the loans he had taken as an MLA in Haryana, an ...

The national project to give unique identity numbers to all Indians, and enable welfare payments electronically, is now facing a snub from ...