The Rajapaksas want to win a two-thirds majority in order to push through constitutional changes that will allow the presidency to reclaim executive powers.
RBI has already finalised an agreement to extend a $400 million currency swap facility to Sri Lanka, but its President Gotabaya has asked for $1.1 billion more.
Sri Lanka wants India to 'expedite' the project once it gets the go-ahead. Opposition there feels after the Chinese, 'India and Japan are trying to spread their tentacles in Colombo’s strategic assets'.
President Gotabaya Rajapaksa's administration is sending a clear signal that transitional justice and broader rights concerns have been put on the back burner.
President Gotabaya Rajapaksa had named elder brother Mahinda Rajapaksa as prime minister of the caretaker cabinet until the general election in August 2020.
On his recent visit to India, newly-elected Sri Lankan President Gotabaya Rajapaksa said his country is committed to keeping Indian Ocean a peace zone.
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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