Revenue loss from export crops like tea played a big part in Sri Lanka's rapid economic decline. For descendants of Tamil-bonded labourers, life is more difficult now.
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.
Sri Lanka's economic crisis has hit low-income and daily wagers the harshest. But middle class families in cities like Colombo and Kandy are also joining the streets now.
The Economic Survey 2025-26 is not a celebration of success, but a measured warning that the traditional paradigms of global economic growth are no longer applicable.
The IT services sector contributed more than half of India’s Gross Value Added, serving as a major driver of exports and employment, the Economic Survey 2025-26 has found.
Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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