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Lanka crisis: PM Mahinda Rajapaksa proposes to amend Constitution

Sri Lanka's embattled Prime Minister Mahinda Rajapaksa has proposed to amend the Constitution to create an accountable administration that met the people's aspirations, amid large scale protests......

Protesters clash inside Sri Lankan PM's residence, 10 hurt

At least 10 persons, including a woman, were injured on Tuesday when a scuffle took place inside Araliyagaha Mandir, Sri Lankan Prime Minister Ranil Wickremesinghe's official residence, occupied by......

1 killed, 13 injured as Lankan police open fire on anti-govt protestors

Sri Lankan police on Tuesday opened fire at anti-government protestors in southwestern region of Rambukkana, killing at least one person and injuring 13 others - the first death during the ongoing......

Lankan Prez's whereabouts still not known, protesters camp at his house

The anti-government protesters in Sri Lanka on Sunday continued to occupy the residences of President Gotabaya Rajapaksa and Prime Minister Wickremesinghe, a day after they stormed into the......

Emergency in Sri Lanka ahead of new President's election

Sri Lanka's Acting President Ranil Wickremesinghe on Monday imposed emergency giving him sweeping powers ahead of the key election on July 20 to pick a new President as he urged the political......

India's NCDEX eyes 20% stake in Sri Lanka's first commodity exchange

India’s leading agriculture commodity exchange, the National Commodity & Derivatives Exchange (NCDEX), has decided to acquire around a 20 per cent stake in a new commodities and financial......

Despite US indictment, Adani still has a few supporters

Abu Dhabi's International Holding Company (IHC), one of the largest sovereign funds that manages assets close to $100 billion, has reaffirmed its support to the Adani Group, saying its outlook on......

IOC plans IPO of Sri Lanka unit

The country's largest refiner Indian Oil Corp is planning an initial public offer of its Sri Lankan subsidiary Lanka IOC by June this year to raise between $20-25 million."We are considering......

Trouble brewing for India's GIFT City

At the end of October, Sri Lanka President Maithripala Sirisena handed over the deeds for the transfer of 116 hectares in Colombo Port City to China Harbour Engineering Company on a 99-year lease......

Is Jet eligible to operate on international routes?

The airline is now operating only eight Boeing 737s and six ATR planes on domestic routes and is deploying its wide-body planes on long-haul routes. The civil aviation ministry will review Jet......

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