Emergency in Lanka, 2nd time in a month amid protests over economic crisis

Embattled Sri Lankan President Gotabaya Rajapaksa declared a state of emergency with effect from Friday midnight, the presidential media division said, the second time in just over a month amidst......

Sri Lanka plunges into 10-hour daily power cut as fuel crisis worsens

The Sri Lankan government on Wednesday extended the nationwide daily power cuts from seven hours to 10 due to the non-availability of fuel to generate hydro-electricity. IMAGE: People stand in a......

Army deployed in petrol pumps as fuel shortage cripples Sri Lanka

Sri Lanka on Tuesday deployed military personnel at State-run petrol pumps to monitor and manage fuel distribution amidst a shortage that led to serpentine queues of consumers outside filling......

Sri Lankan protesters camp outside PMO demanding ouster of Rajapaksas

Sri Lankan protesters, who have been camping at the main beachfront outside Sri Lankan President's Secretariat in Colombo, have now extended their protest to Prime Minister Mahinda Rajapaksa's......

MCX primed for volume surge after tech upgrade

After a technology upgrade, the Multi Commodity Exchange of India (MCX) appears poised for an improvement in volumes. The premier commodity and forex exchange reported a loss of Rs 19.1 crore in......

From GDP to inflation: Key highlights of RBI's monetary policy

Following are the highlights of RBI's bi-monthly monetary policy announced by Governor Shaktikanta Das: Photograph: ANI Photo Benchmark interest rate or repo rate kept unchanged at 6.5% GDP......

An arduous second half awaits oil marketing firms

The medium-term scenario for oil marketing companies (OMCs) is high risk due to the surging crude and gas prices. Photograph: Francis Mascarenhas/Reuters Apart from OPEC-plus cutting production,......

Forex versus commodity trading

Nitin is an enthusiastic investor. He has tried to keep abreast with every development in the financial market and is always on the lookout for new investment option which can maximize his returns......