Search result for 'presidential election'

PwC IDEA Framework: Navigating US Tariffs for Indian Businesses

April 1, 2025 16:25

PwC proposes the IDEA framework to help Indian companies mitigate risks and seize opportunities amidst US tariff uncertainties. Learn how to Invest, Diversify, Express concerns, and Stay Aware.

Trump Cites India in Election Overhaul Order

March 26, 2025 14:41

President Trump's executive order to overhaul the American election system cites India and Brazil as examples of countries linking voter identification to a biometric database. The order also...

Sri Lanka's Wickremesinghe Blames Govt for Adani Project Failure

March 24, 2025 09:29

Sri Lanka's former president Ranil Wickremesinghe criticizes the current government for failing to secure a renewable energy project with Adani, highlighting the importance of economic cooperation...

Adani Green Energy Projects in Sri Lanka Withdrawn

March 18, 2025 16:59

Five fundamental rights petitions against Adani Green Energy projects in Sri Lanka have been withdrawn following the company's decision to cancel its wind energy projects. The projects faced...

IMF Releases Fourth Tranche of Sri Lanka Bailout

March 1, 2025 10:51

The IMF has released the fourth tranche of its USD 2.9 billion bailout package to Sri Lanka, bringing total funding to USD 1.3 billion. The move aims to strengthen the island nation's recovery from...

FPIs Pull Out Rs 23,710 cr from Indian Equities in Feb

February 23, 2025 10:51

Foreign portfolio investors withdrew over Rs 23,710 crore from Indian equities in February, pushing total outflows past Rs 1 lakh crore in 2025 amid rising global trade tensions.

Sri Lanka Budget: No Regret Over Adani's Green Energy Exit

February 17, 2025 19:30

Sri Lanka's President defends the government's decision to let Adani Group quit green energy projects, citing a more favorable offer. The move follows opposition criticism and legal challenges.

Sri Lanka IMF Tranche Release Imminent: Officials

February 7, 2025 14:23

Sri Lanka is set to receive a USD 333 million IMF tranche soon, bringing the total bailout to nearly USD 3 billion. The release follows a staff-level agreement on the third review of the program,...

India Can Achieve 7% Growth: RBI Governor

February 7, 2025 13:58

RBI Governor Sanjay Malhotra believes India can achieve over 7% growth, highlighting the budget's positive impact on inflation and growth. He also commented on the rupee's exchange rate and forex...

RBI Governor: Exchange Rate Policy Remains Consistent, Not Targeting Specific Rupee Level

February 7, 2025 12:32

Reserve Bank of India Governor Sanjay Malhotra reiterates that the exchange rate policy remains consistent, focusing on maintaining orderliness and stability in the market without targeting any...

Global Gold Demand Flat in 2024: WGC Report

February 5, 2025 12:21

Global gold demand remained flat in 2024, driven by high prices, soft economic growth, and heightened uncertainties, according to the World Gold Council. Central bank buying and investment demand...

Sri Lanka Prez Calls for Unity to Achieve Economic Freedom

February 4, 2025 12:02

Sri Lankan President Anura Kumara Dissanayake emphasizes the need for national unity to achieve economic freedom, addressing the nation's economic challenges and the need for a united front against...

Rahul Gandhi's 'Coronation' Remark Sparks Row: BJP Hits Back

February 3, 2025 18:41

Rahul Gandhi's comment on India's foreign minister seeking a US presidential invite sparked a controversy, with BJP accusing him of spreading falsehoods. External Affairs Minister Jaishankar...

Indian Stock Market Soars in 2024: Sensex Gains 8%, Investors Wealth Up Rs 77.66 Lakh Crore

December 31, 2024 17:36

India's stock market closed 2024 with impressive gains, boosting investor wealth by a massive Rs 77.66 lakh crore. Sensex surged over 8%, marking Nifty's ninth consecutive year of positive returns.

Rupee Falls 3% in 2024, Outlook Stable for 2025

December 29, 2024 12:32

The Indian rupee depreciated by 3% in 2024 due to global factors, but is expected to stabilize in 2025. Experts attribute the fall to a strong US dollar and FII outflows.

Rupee Tumbles 3% in 2024: Outlook for 2025

December 29, 2024 10:40

The Indian rupee depreciated 3% against the US dollar in 2024, but is expected to stabilize in 2025. Experts discuss factors impacting the rupee.

FPI Inflows to India Drop in 2024, Rebound Expected in 2025

December 25, 2024 12:37

Foreign portfolio investor (FPI) inflows into Indian equities declined sharply in 2024 due to high valuations and geopolitical uncertainty, but a rebound is expected in 2025.

Sri Lanka Approves Adani Colombo Port Project, Rejects Wind Farm

December 13, 2024 13:17

Sri Lanka's ports minister confirms support for Adani's Colombo Port project, funded by the company. However, the government opposes Adani's wind farm project in Mannar due to environmental concerns.

Trump: Let Canada & Mexico Become US States if Subsidized

December 9, 2024 08:54

Donald Trump claims the US subsidizes Canada and Mexico, suggesting they should become states. He also defends his tariff policy, saying they are a powerful tool.

Trump: Let Canada, Mexico Become US States if Subsidized

December 9, 2024 05:53

Donald Trump says the US subsidizes Canada and Mexico and suggests they become states if the subsidies continue. He also defends his tariff policy, claiming it benefits the US.

China-India Ties Improve Amid US Pressure: Business Leader

November 20, 2024 08:37

China is seeking better ties with India to ease US pressure from the Trump administration, according to a US business leader. The move could benefit India's 'Atmanirbhar Bharat' initiative and...

Gold Prices Jump Rs 600, Silver Climbs Rs 1,500

November 19, 2024 17:12

Gold prices surged Rs 600 to Rs 78,050 per 10 grams in India on Tuesday, driven by a strong global trend and increased buying for wedding festivities. Silver also rose Rs 1,500.

Sri Lanka Prez Urges IMF Balance in Recovery

November 18, 2024 19:56

Sri Lanka's President Dissanayake calls on IMF to consider economic hardships while implementing recovery program, urging balance in conditions.

Gold, Silver Prices Rebound: Wedding Season, Global Cues

November 18, 2024 16:56

Gold and silver prices rose in India on Monday, driven by wedding season demand and strong global trends. Geopolitical tensions and a robust US dollar also influenced the precious metal markets.

IMF Team Reviews Sri Lanka's Economic Reform Program

November 17, 2024 21:27

The IMF team has arrived in Sri Lanka to conduct the third review of the USD 3 billion bailout package, assessing the country's economic reform progress and debt restructuring efforts.

FPIs Pull Out Rs 22,420 Cr From Indian Equities in Nov

November 17, 2024 10:33

Foreign Portfolio Investors (FPIs) have withdrawn Rs 22,420 crore from the Indian equity market in November, driven by factors like high valuations, China allocations, and rising US dollar &...

India's Gems & Jewellery Exports Surge 9.18% in October

November 15, 2024 15:46

India's gems and jewellery exports rose 9.18% in October 2024 to USD 2,998.04 million, driven by increased demand for cut and polished diamonds. Learn more about the GJEPC's outlook on future growth.

Starlink: Wolf in Sheep's Clothing? Think Tank Raises Concerns

November 13, 2024 15:39

Think tank Kutniti Foundation warns of Elon Musk's Starlink's potential security risks due to its ties with US intelligence and military agencies. Concerns raised over data privacy and national...

Gold, Silver Prices Plunge Amid Weak Demand

November 12, 2024 17:28

Gold and silver prices fell for the second day, driven by sluggish demand and weak global cues. The precious metals were impacted by a strong dollar and expectations of higher inflation.

Rupee Hits Record Low of 84.39 Against US Dollar

November 12, 2024 16:01

The Indian rupee fell to a new all-time low of 84.39 against the US dollar on Tuesday, driven by foreign fund outflows and a strengthening greenback. Experts predict further depreciation in the...

Rupee Hits Record Low of 84.40 Against US Dollar

November 12, 2024 09:53

The Indian rupee fell to an all-time low of 84.40 against the US dollar in early trade on Tuesday, driven by foreign fund outflows and a strong dollar. Experts predict the rupee may depreciate...

Rupee May Depreciate 8-10% Under Trump 2.0: SBI Report

November 11, 2024 19:15

SBI report predicts an 8-10% rupee depreciation against the US dollar under Trump 2.0, citing potential for increased tariffs and H-1B restrictions. The report also analyzes the impact on FDI,...

Multipolar World: Jaishankar on Investment Targets

November 10, 2024 20:30

External Affairs Minister S Jaishankar discusses the shift towards a multipolar world and highlights that industrialised economies remain prime investment targets.

FPIs Pull Out Rs 20,000 Cr from Indian Equities in 5 Sessions

November 10, 2024 10:52

Foreign portfolio investors (FPIs) have withdrawn nearly Rs 20,000 crore from Indian equity markets in the last five trading sessions, citing higher valuations and shifting their allocation to China.

Trump's Presidency: India & ASEAN Benefit As Trade Shifts From China - Moody's

November 8, 2024 21:31

Moody's predicts Trump's presidency could shift trade & investments away from China, benefiting India & ASEAN. US policies may impact immigration & global supply chains.

Gold Price Slumps Rs 1,650, Silver Plunges Rs 2,900

November 7, 2024 18:10

Gold and silver prices fell sharply in India on Thursday, with gold dropping below Rs 80,000 per 10 grams. The decline was attributed to weak demand from local jewellers and a subdued global trend.

Rupee Hits Record Low of 84.37 Against US Dollar

November 7, 2024 16:00

The Indian rupee fell to a new all-time low of 84.37 against the US dollar on Thursday, driven by weak domestic equities, sustained foreign fund outflows, and rising crude oil prices.

Sensex, Nifty Fall Over 1% Ahead of US Fed Rate Decision

November 7, 2024 15:52

Sensex and Nifty tumbled over 1% on Thursday as investors awaited the US Fed's interest rate decision. Foreign fund outflows also contributed to the decline.

Sensex, Nifty Fall After Two-Day Rally: US Fed Rate Decision, FII Outflows Weigh

November 7, 2024 10:15

Indian benchmark indices Sensex and Nifty fell in early trade after two days of gains, as investors awaited the US Federal Reserve interest rate decision. Foreign fund outflows and mixed global...

India-US Ties Under Trump: Strong But With Challenges

November 7, 2024 00:40

Experts analyze the future of India-US relations under the Trump administration, highlighting areas of potential strength and challenges, including trade, immigration, and the Indo-Pacific.

Rupee Hits All-Time Low at 84.30 vs Dollar

November 6, 2024 16:12

The Indian rupee plunged to a record low of 84.30 against the US dollar, driven by a strong greenback and foreign fund outflows. Experts expect further depreciation due to the US Fed's rate hike...

Sensex, Nifty Surge on Trump Win, IT Stocks Rally - India Business News

November 6, 2024 15:59

Indian stock markets rallied on Wednesday with Sensex and Nifty soaring over 1% on heavy buying in IT stocks, boosted by Trump's projected US election win. Read more.

India-US Tech Ties Strong: Nasscom on US Election Impact

November 6, 2024 13:44

Nasscom Chairperson Sindhu Gangadharan says India-US tech ties are strong and will continue regardless of the US election outcome, highlighting India's tech prowess and the growth of Global...

Gold Prices Rise Rs 200 to Rs 81,300 per 10 Grams - India News

November 5, 2024 17:22

Gold prices surged in India on Tuesday, driven by strong global trends and local buying. Silver also witnessed a sharp rise. Read more on the latest gold and silver prices.

Sensex Soars 694 Points on Value Buying in Banking, Metals

November 5, 2024 17:06

Indian stock markets witnessed a spirited recovery on Tuesday, driven by value buying in banking and metal shares. Sensex closed 694 points higher, while Nifty gained 217 points. The recovery was...

Rupee Recovers, Closes at 84.10 vs US Dollar

November 5, 2024 16:08

The Indian rupee gained 1 paisa against the US dollar on Tuesday, closing at 84.10, supported by a recovery in domestic markets and potential RBI intervention.

Sri Lanka Reverses IMF Reform for CEB Privatization

November 5, 2024 13:47

Sri Lanka's new government has reversed a key IMF bailout reform concerning the privatization of the state-owned Ceylon Electricity Board (CEB).

Indian Stock Markets Fall Amid Foreign Fund Outflows

November 5, 2024 09:57

Indian stock markets fell on Tuesday due to foreign fund outflows and concerns over the US presidential elections and the Federal Reserve interest rate decision.

Sensex Tanks 1%, Investors Lose Rs 5.99 Lakh Cr - Stock Market News

November 4, 2024 17:29

Indian stock markets tumbled on Monday, with the Sensex dropping over 1% due to selling pressure from foreign investors and concerns about US elections and Fed interest rates. Investors lost Rs...

Sensex Plunges 942 Points to 3-Month Low: RIL, HDFC Bank Drag

November 4, 2024 16:59

Indian benchmark Sensex crashes to a three-month low, driven by heavy selling in Reliance Industries and banking shares, amid FII outflows and global uncertainty. Nifty also tanks below 24,000.

Gold Price Drops Rs 1,300, Silver Plunges Rs 4,600

November 4, 2024 16:51

Gold prices in India retreated from record highs, falling Rs 1,300 to Rs 81,100 per 10 grams, while silver also declined significantly. Experts attribute the drop to tepid demand and market...

Sensex Tanks 942 Pts, Nifty Plunges Below 24K - Reliance, Banking Drag

November 4, 2024 15:59

Indian stock markets tanked on Monday, with Sensex closing at a three-month low and Nifty below 24,000, driven by heavy selling in Reliance Industries and banking shares. Uncertainty ahead of US...

Indian Stock Market Plunges, Investors Lose ₹7.37 Lakh Cr

November 4, 2024 11:09

Indian equity markets tumbled on Monday morning, with the BSE Sensex falling over 1,192 points, wiping out ₹7.37 lakh crore in investor wealth. The decline was attributed to factors including...

Sensex, Nifty Plunge: Reliance Industries Drags Market Down

November 4, 2024 10:00

Indian stock markets, Sensex and Nifty, experienced a sharp decline in early trade, driven by Reliance Industries and cautious investor sentiment. Foreign investors' selling further dampened the...

Business School Applications Surge Despite Economic Uncertainty

November 3, 2024 16:44

Applications for business school graduate programmes soared 12% in 2024, driven by renewed interest in full-time, in-person offerings and increased financial aid.

FPIs Pull Out Record Rs 94,000 Cr from Indian Equities in October

November 3, 2024 10:44

Foreign investors withdrew a record Rs 94,000 crore from Indian equities in October due to high valuations and attractive Chinese markets. Learn more about FPI outflows and market trends.

US Election, Fed Rate, FIIs Impact Market This Week: Analysts

November 3, 2024 10:34

Analysts predict the US presidential election, Fed interest rate decision, and FII activity will be key market movers this week. Domestic earnings and economic data also expected to influence...

Gold Surges to Record High Rs 82,000 on Diwali Demand

October 30, 2024 18:21

Gold prices in India hit a new high of Rs 82,000 per 10 grams driven by strong Diwali demand and geopolitical uncertainty. Silver also surged, reaching Rs 1.01 lakh per kg.

Gold Price Soars on Dhanteras: Hits Rs 81,400

October 29, 2024 17:51

Gold prices surged to Rs 81,400 per 10 grams on Dhanteras due to strong demand. Silver also rose to Rs 99,700 per kg. Read about the factors driving the price surge.

Indian Stock Markets Fall on FII Outflows - Sensex Down 322 Points

October 29, 2024 10:00

Indian equity benchmarks, Sensex and Nifty, fell in early trade on Tuesday, driven by continuous foreign fund outflows and muted corporate earnings. FIIs offloaded Rs 3,228 crore worth of equities...

Rupee Gains 1 Paisa, Settles at 84.07 vs Dollar

October 28, 2024 15:51

Indian Rupee closes slightly higher at 84.07 against the US dollar, supported by positive domestic markets and a drop in crude oil prices.

Indian Stock Market Outlook: FII Activity, Global Trends Key Drivers - Analysts

October 27, 2024 11:36

Indian stock market expected to consolidate this week due to FII activity, global trends, and Q2 earnings results. Analysts predict volatility due to US elections and F&O expiry.

IMF Talks with Sri Lanka on Programme Review

October 25, 2024 20:25

The IMF is in talks with Sri Lanka's new administration on continuing its Extended Fund Facility programme. The third review of the bailout package is expected to start soon.

Gold Price Drops Rs 1,150 to Rs 80,050; Silver Declines Rs 2,000

October 25, 2024 17:45

Gold prices fell by Rs 1,150 to Rs 80,050 per 10 grams in India on Friday, driven by weak demand and a weakening trend in global markets. Silver also declined by Rs 2,000.

Rupee Falls Near All-Time Low: 84.08 vs US Dollar

October 25, 2024 16:10

The Indian rupee hit a near all-time low of 84.08 against the US dollar on Friday, driven by a strong US dollar and foreign fund outflows. The rupee is expected to remain under pressure.

Rupee Remains Flat at 84.07 Against US Dollar - News

October 25, 2024 09:26

The Indian rupee traded flat at 84.07 against the US dollar on Friday, staying near its all-time low amid a strong US currency and foreign fund outflow. Domestic equity markets showed signs of...

Gold, Silver Prices Fall: Demand Wanes

October 24, 2024 17:37

Gold and silver prices retreated from record highs in India due to weak demand from jewelers. The yellow metal declined by Rs 300 to Rs 81,200 per 10 grams while silver prices plunged by Rs 1,000...

Rupee Steady at 84.07 Against US Dollar | Latest News

October 24, 2024 16:00

The Indian rupee remained unchanged at 84.07 against the US dollar on Thursday, as surging crude oil prices and foreign fund outflows weighed on the local currency.

Rupee Flat at 84.07 vs US Dollar | Early Trade

October 24, 2024 09:31

The Indian rupee remained unchanged at 84.07 against the US dollar in early trade on Thursday, influenced by elevated crude oil prices and foreign fund outflows. The local unit found some support...

Gold, Silver Hit Record Highs: Wedding Season Demand

October 23, 2024 18:06

Gold and silver prices surged to new lifetime highs in India, driven by festive and wedding season demand. The rise was also fueled by geopolitical tensions and a favorable interest rate cycle.

Rupee Remains Flat at 84.08 Against US Dollar

October 23, 2024 16:01

The Indian rupee closed flat at 84.08 against the US dollar on Wednesday, impacted by a strong dollar and foreign fund outflows. The lackluster sentiment in domestic equity markets and volatile...

Gold Price Hits Record High at Rs 80,650/10g, Silver Skyrockets to Rs 99,500/kg

October 21, 2024 17:27

Gold prices surged by Rs 750 to hit a record high of Rs 80,650 per 10 grams, while silver skyrocketed by Rs 5,000 per kg in the national capital on Monday, according to the All India Sarafa...

Gold Hits Record High at Rs 79,900/10g, Silver at Rs 94,500/kg

October 18, 2024 17:38

Gold prices surged to a new record high of Rs 79,900 per 10 gram on Friday in India, driven by strong festive demand and safe-haven buying amid global uncertainties. Silver also jumped to Rs 94,500...

Gold Hits Record High of Rs 78,900/10g in Delhi: Reasons & Outlook

October 16, 2024 17:18

Gold prices soared to a fresh record high of Rs 78,900 per 10 grams in Delhi, driven by strong demand from jewellers and safe-haven buying amid a declining equity market. Learn about the factors...

India Unaffected by US Tariff Hikes: Fitch

October 14, 2024 18:08

Fitch Ratings says India's less export-oriented economy would be relatively unaffected by potential US tariff hikes, unlike other Asian economies heavily reliant on exports to the US. Fitch...

Sensex, Nifty Rise on Positive Global Trends - PTI

October 14, 2024 10:20

Indian equity benchmarks Sensex and Nifty climbed in early trade on Monday, driven by banking and financial stocks and a positive global market trend. Read more.

Gold Price Jumps Rs 1,150 to Rs 78,500/10g: Silver Soars - Latest News

October 11, 2024 19:26

Gold prices surged Rs 1,150 to Rs 78,500/10g in India, driven by positive global trends and local demand. Silver also soared, extending gains for the second day. Learn more about the factors...

India's Geopolitical Role & US Investments: USISPF

October 10, 2024 09:38

USISPF CEO highlights India's strategic importance, offering US companies an opportunity to de-risk from China. Learn about India's economic growth and the upcoming India Leadership Summit.

IMF Team to Discuss Loan with Sri Lanka's New Government

October 1, 2024 11:27

An IMF team will visit Sri Lanka to discuss economic reforms and a loan agreement with the new government led by President Anura Kumara Dissanayake. The visit comes as the country faces an economic...

India's Growth Forecast Retained at 7%: ADB

September 25, 2024 14:51

The Asian Development Bank (ADB) has maintained India's growth forecast at 7% for the current fiscal year, citing strong agricultural performance and government spending. The outlook for the Indian...

IMF to Discuss Sri Lanka Loan with New President

September 24, 2024 09:40

The IMF will discuss the timing of the next review of Sri Lanka's loan program with the new government led by President Anura Kumara Dissanayake.

Sri Lanka Reaches Debt Restructuring Deal with Creditors

September 19, 2024 18:02

Sri Lanka has reached in-principle agreements with external commercial creditors for debt restructuring, including International Sovereign Bonds and China Development Bank. This follows...

Sri Lanka Election: JVP Vows to Cancel Adani Project

September 16, 2024 12:43

Sri Lanka's JVP party has pledged to cancel the Adani Group's wind power project if elected in the upcoming presidential election. The party cites concerns about energy sovereignty and transparency...

Indian Markets Decline: Global Weakness & Foreign Outflows

September 9, 2024 09:53

Indian stock markets opened lower on Monday, following a weak trend in global markets and foreign fund outflows. Sensex and Nifty declined, with Adani Ports, Tata Steel, and NTPC among the biggest...

Sri Lanka's Debt Sustainability: IMF Program at Risk

September 6, 2024 19:01

Sri Lanka's Finance Ministry warns that any attempt to revisit the country's debt sustainability assessment could derail the ongoing IMF bailout program, potentially delaying an agreement for...

Sri Lanka Election: Wickremesinghe's Manifesto Focuses on Economic Recovery

August 29, 2024 18:08

Sri Lankan President Ranil Wickremesinghe's election manifesto emphasizes economic recovery through continued IMF program and partnerships with international creditors.

Sri Lanka Ready to Fund Increasing Presidential Candidates

August 11, 2024 20:35

Sri Lanka's Finance Minister assures sufficient funds for the upcoming presidential election despite a rising number of candidates. The country is facing a challenging economic recovery after a...

IMF Praises Sri Lanka's Recovery, Calls for More Revenue

August 2, 2024 18:57

The IMF commends Sri Lanka's economic recovery under its bailout program, highlighting positive outcomes like GDP growth and inflation control. However, it emphasizes the need for further revenue...

Sri Lanka Inflation Rises to 2.4% Ahead of Election

July 31, 2024 19:21

Sri Lanka's inflation rate jumped to 2.4% in July, driven by rising transport, food, and education costs, as the country prepares for presidential elections in September.

Sri Lanka Warns of Middle East Conflict Impact

July 31, 2024 18:54

Sri Lankan President expresses concern over potential economic fallout from the escalating Middle East conflict following the assassination of Hamas leader Ismail Haniyeh in Tehran.

Gold Prices Drop by Rs 5,000/10gm Post Budget

July 26, 2024 12:26

Gold prices plummeted after the Indian government slashed custom duties, benefiting retail investors and boosting demand for jewellery. Experts see this as a blow to gold smuggling and a boost for...

Solar Funding Dips 10% to USD 16.6 Billion in H1 2024: Mercom

July 17, 2024 17:25

Global corporate funding in the solar sector fell 10% to USD 16.6 billion in the first half of 2024, driven by uncertainties in major markets, according to Mercom Capital.

Gold Price Rises in India, Silver Slumps - Latest News

July 15, 2024 16:13

Gold prices in India rose on Monday, driven by domestic demand, while silver prices slumped. Find out the latest gold and silver rates and market analysis.

Trump Outraises Biden by USD 67 Million in Q2

July 3, 2024 10:30

Trump's campaign raised USD 331 million in Q2, surpassing Biden's USD 264 million, but Biden raised a record USD 127 million in June. Learn more about the fundraising numbers and what they mean...

Sri Lanka Finalizes Debt Restructuring with Creditors

June 26, 2024 15:55

Sri Lanka has finalized a debt restructuring agreement with its bilateral lenders, including India and China, to meet an IMF bailout condition. The agreement grants significant debt relief.

Mcap of BSE-listed firms hit fresh record high of Rs 437.24 lakh cr mirroring record rally in stocks

June 18, 2024 17:53

BSE-listed firms' market capitalization surged to a record high of Rs 437.24 lakh crore, driven by positive equity trends and FII buying interest.

Sri Lanka Economic Recovery: IMF Highlights Reform Importance

June 14, 2024 17:49

The IMF releases the third tranche of Sri Lanka's bailout package, emphasizing the need for sustained reforms to achieve full economic recovery. The country's economy is showing signs of...

IMF Review for Sri Lanka Bailout Set for June 12

June 3, 2024 14:55

Sri Lanka's Minister of State for Finance confirms the IMF's second review of the USD 2.9 billion bailout will take place on June 12, potentially leading to the release of USD 300 million. The...

Sri Lanka Pins Economic Recovery on IMF Program - Wickremesinghe

May 9, 2024 18:56

Sri Lankan President Ranil Wickremesinghe emphasizes the IMF program as the only path to economic recovery, highlighting its progress and upcoming presidential election.

Sri Lanka Economic Recovery Hinges on Reforms: Central Bank Governor

May 7, 2024 22:46

Sri Lanka's Central Bank Governor emphasizes the importance of continued reforms for economic recovery, warning against backtracking ahead of the presidential election.

Fed to Cut Rates: Powell on Inflation & Election

April 3, 2024 22:49

Federal Reserve Chair Jerome Powell hints at potential interest rate cuts later this year, despite recent inflation and a strong economy. He also emphasizes the Fed's independence from political...

Sri Lanka Extends SriLankan Airlines Disinvestment Deadline

March 5, 2024 14:16

Sri Lanka extends deadline for bids to take control of national carrier SriLankan Airlines by 45 days, aiming to restructure the airline's debt and attract new investors.

Sri Lanka State-Owned Enterprises Turnaround: Cost Recovery Pricing & IMF Bailout

February 27, 2024 19:04

Sri Lanka's cost recovery pricing for utilities has led to a turnaround in state-owned enterprises, with profits recorded after years of losses. The move, part of IMF-backed reforms, has caused...

WTO Warns of Global Economy Risks: War, Uncertainty & Instability

February 26, 2024 13:38

The WTO Director-General warns that war, uncertainty, and instability are weighing down the global economy and calls for reform. Read more about the challenges facing the WTO.

Global Economy: WTO Warns of Uncertainty & Instability

February 26, 2024 13:37

The head of the World Trade Organisation warns of global economic challenges due to war, uncertainty, and instability. The WTO faces pressure from the US and other nations while dealing with a...

Sri Lanka Buddhist Clergy Opposes SOE Privatisation

February 19, 2024 14:20

Sri Lanka's Buddhist clergy opposes the government's plan to privatise loss-making state enterprises, citing concerns about corruption and political interference.

Recession Risks Fading, But Political Tensions Threaten Economy

February 12, 2024 12:20

Business economists see recession risks easing, but warn of political tensions and potential for conflict impacting the US economy.

Indonesia Election: Growth vs. Environment

February 9, 2024 11:02

Indonesia's presidential election pits economic growth against environmental concerns as the country seeks to balance resource exploitation with a green transition.

Sri Lanka Allocates Funds for Presidential & Parliamentary Elections

February 6, 2024 15:59

Sri Lanka's government has reserved Rs 10 billion for the upcoming presidential and parliamentary elections, despite ongoing economic challenges. Learn more about the latest developments.

Turkiye Central Bank Leader Resigns: What It Means for Economy

February 5, 2024 20:47

Turkiye's central bank governor resigns after eight months, sparking questions about economic policy. Learn about the shakeup and its potential impact on the battered economy.

Sri Lanka Economic Recovery: Progress Amidst Hardships

February 4, 2024 13:19

Sri Lanka's President Wickremesinghe highlights progress in economic recovery, attributing it to citizens' support for a national rebuilding programme despite ongoing challenges.

US Economy Grew 2% in Q4, Resilient Despite Slowdown

January 25, 2024 10:50

The US economy expanded 2% in the fourth quarter, showing resilience despite a slowdown from the previous quarter. Inflation has eased, but prices remain high. Read more.

US Singer Supports Modi for India's Leadership

January 19, 2024 06:00

American singer Mary Millben expresses support for Prime Minister Narendra Modi, praising his leadership and calling him the 'best leader' for India and the US-India relationship.

Putin, Modi Agree to Maintain Dialogue: Kremlin

January 15, 2024 21:44

Russian President Putin and Indian Prime Minister Modi agreed to maintain personal contacts and wished each other success in upcoming elections, the Kremlin said.

IMF Team Visits Jaffna in Sri Lanka Bailout Program

January 15, 2024 15:38

An IMF team overseeing Sri Lanka's bailout program visited Jaffna for the first time, discussing economic growth, demining, and resettlement in the Tamil-dominated region.

Maldives President Seeks More Chinese Tourists, Discusses Projects with Premier Li

January 11, 2024 13:15

Maldivian President Mohamed Muizzu met with Chinese Premier Li Qiang to discuss increasing Chinese tourism and development projects in the Maldives. The visit comes amid a diplomatic row with India.

Stock Market Today: Global Stocks Decline After Wall Street's Worst Week

January 8, 2024 15:44

Global stock markets decline on Monday following Wall Street's worst week since Halloween, with concerns about inflation and the Federal Reserve's interest rate policy.

Asian Stocks Decline After Wall Street's Worst Week - AP News

January 8, 2024 11:14

Asian stock markets retreated Monday after Wall Street's worst week since Halloween. The Hang Seng sank 1.9%, Shanghai Composite slipped 1.2%, and US futures were lower.

Sri Lanka Raises Fuel Prices After VAT Hike

January 1, 2024 10:55

Sri Lanka's government increased fuel prices by Rs 20 per litre, the first retail price hike under the new VAT rates. The move comes as the country grapples with its worst economic crisis in history.

India Welcomes Venezuelan Oil Return: Puri

December 15, 2023 15:27

India welcomes the return of Venezuelan oil to the market after sanctions were eased, Petroleum Minister Hardeep Singh Puri said. Indian refiners are capable of processing heavy Venezuelan crude,...

Indian Americans Key to US Election: Community Leader

December 14, 2023 10:43

Indian Americans are poised to play a significant role in the 2024 US presidential election, with their votes potentially deciding the outcome in key battleground states, according to a prominent...

Fitch Predicts BJP Retaining Power in 2024 Indian Elections

December 12, 2023 15:42

Fitch Ratings predicts BJP will retain power in India's 2024 elections, suggesting policy continuity. However, the majority size may affect reform agenda.

India to be 3rd Largest Economy by 2030, Manufacturing Hub Potential

December 5, 2023 13:29

S''P Global Ratings forecasts India as the world''s third-largest economy by 2030, highlighting its potential as a global manufacturing hub.

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Vodafone Idea L
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Harshil Agrotech
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51936347

Standard Capital
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51489922

Edelweiss Fin. Ser
93.69 (+ 2.55)
22776812

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