1 killed, 13 injured as Lankan police open fire on anti-govt protestors

Sri Lankan police on Tuesday opened fire at anti-government protestors in southwestern region of Rambukkana, killing at least one person and injuring 13 others - the first death during the ongoing......

Sri Lankan court orders release of 56 Tamil fishermen

A Sri Lankan court on Tuesday ordered the release of 56 Indian fishermen who were detained for allegedly fishing in the island nation's territorial waters. IMAGE: Fishing boats anchored near Tamil......

India-Pakistan: A New Beginning?

'No prime minister of India is averse to normalise relations with Pakistan, if it is possible to do so without altering our fundamental position on Jammu and Kashmir,' notes Ambassador T P......

Rajapaksas set to return: What'll Delhi do?

Delhi finds itself between the rock and hard place in the coming Sri Lankan election, points out Ambassador M K Bhadrakumar. IMAGE: Sri Lanka's former defence secretary Gotabaya Rajapaksa, right,......

Rajaratnam to pay $1.45 mn to settle SEC suit

Jailed hedge-fund founder Raj Rajaratnam has agreed to pay $1.45 million to settle a civil lawsuit filed by US regulator SEC against him and India-born former Goldman Sachs director Rajat Gupta for......

Politics, laws weigh on Islamic finance in India

India's tiny Islamic finance industry is hoping to expand by developing products that would work around the country's ban on sharia-compliant banking. But political and legal obstacles mean......

Icra plans to expand in Asia

After establishing a presence in Indonesia and Sri Lanka, Icra, the rating agency and associate of Moody's in India, plans to expand further in Asia to get a slice of business from the growing......

Ex-Goldman Sachs director Rajat Gupta surrenders before FBI

Former Goldman Sachs director Rajat Gupta, one of the most prominent Indian-Americans in the country's financial scene, on Wednesday surrendered before federal authorities in New York in......

Sangakkara, Mendis among SL players hurt in attack

Six Sri Lankan cricketers and their assistant coach were injured while their security guards were among eight people killed in the first ever terror strike in the history of the sport, forcing......