Colombo, Apr 21 (PTI) The Sri Lankan government on Thursday deployed troops as a precautionary measure in the southwestern region of Rambukkana where one person was killed and 13 others were injured in violence after the police opened fire at unarmed anti-government protestors demonstrating against the latest fuel price hike. Earlier, the authorities lifted the [...]
New Delhi, Apr 21 (PTI) Wealth management company ASK Investment Managers Ltd on Thursday has launched a new fund to raise Rs 1,500 crore for investing in manufacturing, financial and other sectors. The fund -- ASK Golden Decade Fund -- is a closed-ended, long-only, Category III alternative investment fund (AIF) that aims to take advantage [...]
Dubai, Apr 21 (PTI) The historic Comprehensive Economic Partnership Agreement between India and the UAE will come into effect on May 1, an Emirati minister said on Thursday. The agreement will provide significant benefits to Indian and UAE businesses, including enhanced market access and reduced tariffs. Minister of State for Foreign Trade Thani Al Zeyoudi [...]
Colombo, Apr 21 (PTI) Sri Lankan authorities on Thursday lifted the curfew imposed in the southwestern region of Rambukkana where one person was killed and 13 others were injured in violence after the police opened fire at unarmed anti-government protestors demonstrating against the latest fuel price hike. The curfew was lifted at 5 AM (local [...]
Washington, Apr 21 (PTI) Sri Lanka’s bitter debt crisis experience has emerged as one of the major topics of discussion among the global financial leaders who have gathered here for the annual spring meeting of the International Monetary Fund and the World Bank, according to officials. The island nation is grappling with unprecedented economic turmoil [...]
Washington, Apr 21 (PTI) Global growth momentum is dampened by prolonged inflation, supply chain disruption, volatility in energy markets and investor uncertainty, Finance Minister Nirmala Sitharaman has said as she attended the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting here. The meeting was held here on Wednesday under the presidency of Indonesia. Its [...]
Washington, Apr 21 (PTI) Sri Lanka’s bitter debt crisis experience has emerged as one of the major topics of discussion among the global financial leaders who have gathered here for the annual spring meeting of the International Monetary Fund and the World Bank, according to the officials. The island nation is grappling with unprecedented economic [...]
Washington, Apr 21 (PTI) World Bank President David Malpass has welcomed India’s move to begin selling oil from its stockpiles, asserting that the world needs to take important steps to address the current set of crises. Speaking on the sidelines of the annual Spring meeting of the IMF and the World Bank held here, Malpass [...]
Washington, Apr 21 (PTI) The successful macroeconomic management of the Covid-19 pandemic has resulted in a strong recovery of India’s economy because of which the country is in a better position to face the economic fallout of the current Ukrainian crisis, a top official from the International Monetary Fund has said. Observing that India represents [...]
London, Apr 20 (PTI) British Prime Minister Boris Johnson said on Wednesday that his long-delayed visit to India will deepen the strategic trade, defence and people-to-people ties between the two countries.Ahead of Johnson's two-day visit, Downing Street has stressed that the UK would not look to "lecture" India over its neutral stance in the United [...]
