Voters in Sri Lanka have to rank up to 3 candidates in order of preference. Candidate with 50% votes is declared winner; if nobody gets clear majority, race will boil down to top two candidates.
PM Narendra Modi didn't even wait for the final results of Sri Lanka's parliamentary election before calling Mahinda Rajapaksa to congratulate him on his victory.
UCBs accounted for 1.8% of total industry credit in September 2025—down from 2.2% five yrs ago—showing that they are losing ground to faster PSU banks.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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