President Gotabaya Rajapaksa, a man who never wanted to join politics, fled Sri Lanka in the face of massive protests against misgovernance during his tenure.
Sri Lanka's Speaker announces PM Ranil Wickremesinghe's name as 'acting President', later says Parliament will elect new President on 20 July. Wickremesinghe declares state of emergency.
With political, economic clout in Sri Lanka, China helping the crisis-hit nation was expected. But lack of financial returns & public outrage for Rajapaksas ensured their absence.
Thousands of protestors Saturday surrounded Rajapaksa's home to demand his resignation as the island nation suffer its worst economic crisis since gaining independence in 1948.
Chairman of the state-owned Ceylon Electricity Board had claimed that New Delhi pressured Colombo to award a wind power project contract to the Adani Group.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
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