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......

Why Sri Lanka Is In Crisis

The protests brought home the fact that the Sri Lankan public is in no mood for halfway measures, as voices against Rajapaksa 'family rule' and 'securitisation' of the civilian administration began......

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......

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......

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......

'Conditions not ripe to make rupee a hard currency'

India should become a middle-income country and then push to make INR (rupee) a hard currency, and till then, it must promote the settlement of global trade in the local currency, think tank GTRI......

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,......