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Forex-starved Sri Lanka runs out of cash to buy fuel

Sri Lankan government on Monday admitted that it has run out of cash to buy fuel as pumps in most filling stations across the country have run dry, exacerbating the deepening foreign-exchange......

Army deployed in petrol pumps as fuel shortage cripples Sri Lanka

Sri Lanka on Tuesday deployed military personnel at State-run petrol pumps to monitor and manage fuel distribution amidst a shortage that led to serpentine queues of consumers outside filling......

Emergency in Lanka, 2nd time in a month amid protests over economic crisis

Embattled Sri Lankan President Gotabaya Rajapaksa declared a state of emergency with effect from Friday midnight, the presidential media division said, the second time in just over a month amidst......

Sri Lanka plunges into 10-hour daily power cut as fuel crisis worsens

The Sri Lankan government on Wednesday extended the nationwide daily power cuts from seven hours to 10 due to the non-availability of fuel to generate hydro-electricity. IMAGE: People stand in a......

Sri Lankan protesters camp outside PMO demanding ouster of Rajapaksas

Sri Lankan protesters, who have been camping at the main beachfront outside Sri Lankan President's Secretariat in Colombo, have now extended their protest to Prime Minister Mahinda Rajapaksa's......

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

The rupee breached the 90-a-dollar level for the first time to settle at a fresh all-time low of 90.15 on Wednesday, down 19 paise from its previous close, amid sustained foreign fund outflows and......

Sebi chief slams repeated outages at exchanges

Days after an outage at MCX, Sebi chairman Tuhin Kanta Pandey on Tuesday expressed his displeasure over "repeated" instances of breakdowns at exchanges. Photographs: Francis Mascarenhas/Reuters......

LG India profit declines 27.3%

LG Electronics India saw its net profit decline by 27.3 per cent due to margin pressures witnessed in the second quarter. Photograph: Steve Marcus/Reuters Its net sales in the quarter marginally......

'Don't Put Significant Portion Of Portfolio In Gold, Silver'

'For most investors, I recommend a low double-digit allocation (10 to 12 per cent) to gold and silver combined.' Photograph: Kind courtesy Annaca Pictures/Pixabay As gold and silver prices boom,......

Rupee falls 22 paise to 87.41 against US dollar in early trade

The rupee declined 22 paise to 87.41 against the US dollar in early trade on Thursday after the latest tariff announcements from the US weighed on emerging currencies, including the rupee.......

Commodities And Forex

News for Commodities And Forex

Forex-starved Sri Lanka runs out of cash to buy fuel

Army deployed in petrol pumps as fuel shortage cripples Sri Lanka

Emergency in Lanka, 2nd time in a month amid protests over economic crisis

Sri Lanka plunges into 10-hour daily power cut as fuel crisis worsens

Sri Lankan protesters camp outside PMO demanding ouster of Rajapaksas

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

Sebi chief slams repeated outages at exchanges

LG India profit declines 27.3%

'Don't Put Significant Portion Of Portfolio In Gold, Silver'

Rupee falls 22 paise to 87.41 against US dollar in early trade

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