While the poor worry about the next meal, the majority of the middle-class are more concerned about giving up their privileges and putting their dreams on hold.
Colombo's elite still have live events, performances, and nightclub parties to go to. Thanks to booming luxury establishments, life's as normal as it gets.
The Rajapaksa government should have shelved some of the China-funded infrastructure projects, which were high on debt servicing and low on revenue earnings.
The back-to-back visits by EAM S. Jaishankar is expected to strengthen India’s maritime security domain under the ‘SAGAR’ doctrine, in view of growing Chinese influence.
China has invested $1.4 billion in the strategically located project. But the Rajapaksa govt wants India to invest in the potential metropolis, which is Sri Lanka's first SEZ.
Sri Lanka passed a bill last month which will establish Colombo Port City Special Economic Zone & Colombo Port City Economic Commission under a $1.4 bn deal funded by China.
With Sri Lanka scrapping East Container Terminal deal with India and Japan, and Adani Group’s entry to develop the west terminal, Modi govt is rethinking its cabotage policy.
Sri Lanka has scrapped the East Container Terminal project. But New Delhi believes Colombo might reconsider its decision and ‘things can change any moment’.
The Centre is considering an increase in the National Company Law Tribunal's bench capacity, while the Standing Committee of Finance suggests fast-track courts.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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