An International Monetary Fund (IMF) team visited former Pakistan prime minister Imran Khan's Zaman Park residence in Lahore on Friday. During the meeting, which lasted more than an hour, the two sides discussed the recent staff-level pact agreed upon...
The Shanghai Cooperation Organization’s 23 rd., summit was held in virtual mode on July 4, with India in the Chair. But given the deep-seated contradictions between India and China and between India and Pakistan that were seen in the...
Economic reform, which is but a year in the making in Sri Lanka, is a long and hard road as India’s experience shows 32 years after it began the process.
There have been very significant milestones in India’s journey so...
The director of the Department of foreign exchange of the Central Bank of Sri Lanka has issued guidelines to the banks on the outward remittances of foreign exchange as per the order issued by the Minister of Finance limiting...
State Governors often over-step their constitutional limits to carry out the political agenda of the party ruling the Center
By P.K.Balachandran
Although the Indian constitution states that a State Governor shall act on the advice of the State’s Council of Ministers...
Sri Lanka is seeking to restructure about $19.8 billion of local bills and bonds, equivalent to half of its domestic debt load, as the government seeks to ease its payment burden.
The nation’s dollar bonds surged.
The domestic debt optimization involves...
“Presumed human remains” were among the debris and evidence recovered from the seafloor where the doomed Titan submersible’s remnants were found, the US Coast Guard said Wednesday.
The remains were recovered “within the wreckage” of the submersible, the Coast Guard said...
When India overtook China in April to become the world’s most populous nation, observers wondered: Will New Delhi surpass Beijing to become the next global superpower? India’s birth rate is almost twice that of China. And India has outpaced China...
It has been more than 14 years since the civil war in Sri Lanka came to an end. Although a semblance of peace has returned to the parts of the country devastated by the 29-year conflict, its victims are...
China was the elephant in the room when Indian Prime Minister Narendra Modi and US President Joe Biden talked in Washington DC last week. Deals struck at the meeting, be they civil or defence-related, were related to China even...
By P.K.Balachandran
Of all the punitive measures that the UN Human Rights Council (UNHRC) might take against a recalcitrant Sri Lanka, sanctions under the Sri Lanka Accountability Project (SLAP) are most likely. Therefore, the SLAP is the sword Damocles over...
In a development that can be considered a fallout of dwindling job prospects in Nepal and a new recruitment policy in India, Nepali citizens are joining the Russian Private Military Company (PMC) Wagner group as mercenaries.
Some of them have...
