News for 'economic-crisis'

Why Are Sri Lankans Protesting Against India?

Why Are Sri Lankans Protesting Against India?

Rediff.com20 Mar 2022

Glimpses of the protests in Colombo against the worsening economic crisis

Ex-Lanka Prez gets govt bungalow, special security on return

Ex-Lanka Prez gets govt bungalow, special security on return

Rediff.com3 Sep 2022

The ex-president returned to Sri Lanka on a Singapore Airlines flight.

These 6 people are responsible for India's economic crisis

These 6 people are responsible for India's economic crisis

Rediff.com2 Sep 2013

These six people have created a political climate more difficult for business, indeed more hostile to business, than at any time since the mid-1980s.

Mahinda supporters attack anti-govt protesters, 23 injured

Mahinda supporters attack anti-govt protesters, 23 injured

Rediff.com9 May 2022

The violence occurred following reports on Monday that Mahinda Rajapksa may offer to stand down as Prime Minister.

How Tirupati Trust can help India counter economic crisis

How Tirupati Trust can help India counter economic crisis

Rediff.com23 Aug 2013

While there are no definitive statistics available, the Tirupati Trust Foundation has well over 1,000 tonnes of gold.

Have You Seen An UNDERWEAR Protest?

Have You Seen An UNDERWEAR Protest?

Rediff.com6 May 2022

A unique protest has been launched by protestors in Sri Lanka with underwear placed on the temporary metal barriers erected to block protesters at the main entrance to the island's parliament.

Joint resolution of 26 Opposition parties says...

Joint resolution of 26 Opposition parties says...

Rediff.com18 Jul 2023

The opposition alliance that will take on the ruling National Democratic Alliance in the 2024 Lok Sabha elections will be called Indian National Developmental Inclusive Alliance (INDIA) and an 11-member committee will be set up for coordination, Congress president Mallikarjun Kharge announced after a meeting of the parties in Bengaluru.

Dr M S Swaminathan, who made India self-sufficient in food, passes away

Dr M S Swaminathan, who made India self-sufficient in food, passes away

Rediff.com29 Sep 2023

Renowned agricultural scientist M S Swaminathan and the driving force behind the nation's 'Green Revolution,' passed away in Chennai on Thursday.

Ranil Realises His Dream

Ranil Realises His Dream

Rediff.com3 Aug 2022

Ranil Wickremesinghe -- six times Sri Lanka's prime minister -- realised his long cherished dream when he arrived on Wednesday, August 3, 2022, to inaugurate the country's parliament, finally as its president.

Sri Lankan crisis worsens as new finance minister quits, dissidents may walk out

Sri Lankan crisis worsens as new finance minister quits, dissidents may walk out

Rediff.com5 Apr 2022

Sri Lanka's new Finance Minister Ali Sabry on Tuesday resigned, a day after President Gotabaya Rajapaksa appointed him after sacking his brother Basil Rajapaksa amidst the island nation's worst economic crisis.

What Manish Sisodia wrote in his resignation letter

What Manish Sisodia wrote in his resignation letter

Rediff.com1 Mar 2023

Sticking onto his stance of calling the allegations against him 'false', AAP leader Manish Sisodia in his resignation letter said that it is unfortunate that despite working with honesty and truthfulness continuously for eight years, corruption charges are being levelled against him.

Indian mission asks nationals living in Sri Lanka to register details

Indian mission asks nationals living in Sri Lanka to register details

Rediff.com19 May 2022

Sri Lanka is going through the worst economic crisis since independence in 1948. A crippling shortage of foreign reserves has led to long queues for fuel, cooking gas and other essentials while power cuts and soaring food prices heaped misery on the people.

Lankan police under pressure to arrest Rajapaksa loyalist

Lankan police under pressure to arrest Rajapaksa loyalist

Rediff.com16 May 2022

Sri Lankan police on Monday came under pressure to arrest the Rajapaksa family loyalists involved in attacks on peaceful protesters last week, even as it arrested over 200 people on various charges following the violence that left nine people dead.

Military use of Hambantota not allowed: Lankan to China

Military use of Hambantota not allowed: Lankan to China

Rediff.com16 Aug 2022

China will not be allowed to use the southern port of Hambantota for military purposes, Sri Lankan President Ranil Wickremesinghe has said, apparently attempting to allay fears in India and the United States about China's increasing maritime presence in the strategic Indo-Pacific region.

China Knows India Has Stolen A March

China Knows India Has Stolen A March

Rediff.com1 Nov 2023

China has signalled that it will prevent India from assuming leadership of the Global South, observes Ambassador T P Sreenivasan.

Crisis-hit Sri Lanka lifts state of emergency after 2 weeks

Crisis-hit Sri Lanka lifts state of emergency after 2 weeks

Rediff.com21 May 2022

Embattled Sri Lankan President Gotabaya Rajapaksa had declared a state of emergency with effect from May 6 midnight, the second time in just over a month amidst growing countrywide anti-government protests over the economic crisis.

'You saved us, prevented bloodbath': Sri Lanka thanks India

'You saved us, prevented bloodbath': Sri Lanka thanks India

Rediff.com8 Jul 2023

'Never expected, and never in history, not a single country has extended that kind of assistance'

Revival not end of economic crisis, warns IMF

Revival not end of economic crisis, warns IMF

Rediff.com2 Oct 2009

IMF also asked countries around the world to coordinate policies to achieve a global rebalancing and sustain the recovery.

Lankan Oppn to move no-trust motion against Gotabaya govt

Lankan Oppn to move no-trust motion against Gotabaya govt

Rediff.com8 Apr 2022

The SJB has begun to collect signatures from MPs for the no-confidence motion, according to media reports.

Lanka political crisis: Former Gotabaya ally pushes for snap polls

Lanka political crisis: Former Gotabaya ally pushes for snap polls

Rediff.com6 Apr 2022

Democratic Left Front politician Nanayakkara was among the 42 members who declared independence in Parliament from the ruling Sri Lanka Podujana Peramuna (SLPP) coalition.

Can Sri Lanka pip India to WTC final?

Can Sri Lanka pip India to WTC final?

Rediff.com4 Mar 2023

Sri Lanka, who are third in the WTC rankings behind already qualified Australia and India, will need to beat New Zealand 2-0.

India not hit badly by economic crisis: PM

India not hit badly by economic crisis: PM

Rediff.com13 Apr 2009

Prime Minister Manmohan Singh on Monday said the impact of the global economic slowdown is not as bad on India as on other countries since the government had taken measures to stimulate the economy to ensure that high growth pattern was restored soon.

PM to discuss economic crisis with corporate heads

PM to discuss economic crisis with corporate heads

Rediff.com27 Mar 2009

Prime Minister Manmohan Singh is likely to discuss the impact of global demand contraction on Indian economy with industry leaders in New Delhi on Saturday, ahead of the G-20 summit in London next week.

Economic crisis to hit the poor hard: UNESCO

Economic crisis to hit the poor hard: UNESCO

Rediff.com4 Mar 2009

The global financial crisis sweeping through Wall Street and European banking sector will touch the lives of the world's most vulnerable, push millions into deeper poverty and lead to the deaths of thousands of children, a new United Nations study said.

Mahinda under protection at naval base amid protests

Mahinda under protection at naval base amid protests

Rediff.com11 May 2022

Mahinda Rajapaksa, along with his wife and family, fled his official residence -- Temple Trees -- and took shelter at the naval base in Trincomalee.

Economic crisis may last over 18 months: Murthy

Economic crisis may last over 18 months: Murthy

Rediff.com12 Feb 2009

Infosys Chairman Narayan Murthy equated the present economic crisis in the US to the Great Depression. "The present crisis in the US reminds me of the 1929 depression. More signals are emanating of the 1929 depression than the 70s' one. I have a suspicion that it (the present crisis) could be a longer one," he said. A recovery from the present crisis may take longer than 18 months, he said.

Sri Lanka imposes curfew, blocks social media amid protests

Sri Lanka imposes curfew, blocks social media amid protests

Rediff.com3 Apr 2022

The move is aimed at preventing masses from gathering in Colombo to protest the government's failure to provide relief to the public suffering from shortages of food, essentials, fuel and medicine amidst hours-long power cuts, the Colombo Page newspaper reported.

India refutes reports of sending troops to Sri Lanka

India refutes reports of sending troops to Sri Lanka

Rediff.com11 Jul 2022

India on Sunday said it stands with the Sri Lankan people in their aspirations for prosperity and progress through democratic means, established institutions and constitutional framework.

Rajapaksa staying in Bangkok hotel under tight security: Report

Rajapaksa staying in Bangkok hotel under tight security: Report

Rediff.com12 Aug 2022

Rajapaksa arrived in Thailand with three other people on a chartered flight from Singapore at Wing 6 of the military airport adjacent to Don Mueang International Airport around 8 pm local time on Thursday.

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

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

Rediff.com10 Jul 2022

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 premises and set on fire one of the buildings protesting over the nation's severe economic crisis even as the island nation is still in the dark about the embattled President's whereabouts.

Gotabaya lands in Thailand after Singapore visa expires

Gotabaya lands in Thailand after Singapore visa expires

Rediff.com11 Aug 2022

Sri Lanka's ousted president Gotabaya Rajapaksa left Singapore for Thailand after his short-term visit pass expired on Thursday, according to a media report.

Mahinda resigns as Sri Lanka PM, nationwide curfew imposed

Mahinda resigns as Sri Lanka PM, nationwide curfew imposed

Rediff.com9 May 2022

Sri Lankan Prime Minister Mahinda Rajapaksa resigned on Monday, hours after his supporters attacked anti-government protesters outside embattled President Gotabaya Rajapaksa's office, leaving at least 78 people injured and prompting authorities to impose a nationwide curfew and deploy army troops in the capital.

Sri Lanka rejects Trudeau's 'Tamil Genocide' comment

Sri Lanka rejects Trudeau's 'Tamil Genocide' comment

Rediff.com20 May 2023

Sri Lanka's Ministry of Foreign Affairs rejected Trudeau's statements, asserting that they contained outrageous claims of genocide relating to past conflicts in the country.

Lanka may run out of fuel by April end; India's credit exhausting rapidly

Lanka may run out of fuel by April end; India's credit exhausting rapidly

Rediff.com8 Apr 2022

Sri Lanka is facing its worst economic crisis since gaining independence from the UK in 1948.

When A Country Goes Bankrupt...

When A Country Goes Bankrupt...

Rediff.com7 Jul 2022

Sri Lanka is bankrupt, Prime Minister Ranil Wickremesinghe declared on Tuesday.

Rishi Sunak emerges as bookies' favourite to replace Liz Truss

Rishi Sunak emerges as bookies' favourite to replace Liz Truss

Rediff.com21 Oct 2022

The 42-year-old is holding a solid 55 per cent lead with the Oddschecker betting odds aggregator, followed by a 29 per cent chance of former prime minister Boris Johnson making a comeback. Third placed in what is emerging as a three-way contest is Leader of the Commons Penny Mordaunt, who had polled third in the first round of parliamentary votes to shortlist candidates for the last leadership race.

Protesters claim to have found 17.85 mn rupees in Rajapaksa's house

Protesters claim to have found 17.85 mn rupees in Rajapaksa's house

Rediff.com10 Jul 2022

A video is being shared on social media showing the protesters counting the currency notes that were unearthed. The recovered money was said to be handed over to the security units, the Daily Mirror newspaper reported.

Amid resignation report, Rajapaksa says he is ready to make 'any sacrifice'

Amid resignation report, Rajapaksa says he is ready to make 'any sacrifice'

Rediff.com9 May 2022

Despite mounting pressure, Gotabaya, and Prime Minister Mahinda have refused to quit office.

After 3 years Sheikh Hasina to visit India on Sep 5 for talks

After 3 years Sheikh Hasina to visit India on Sep 5 for talks

Rediff.com22 Aug 2022

Bangladesh Prime Minister Sheikh Hasina is expected to travel to India on September 5 on a three-day official visit during which defence cooperation and regional stability are likely to be the focus of her talks with Indian counterpart Narendra Modi, an official said on Monday.

'Imran's no typical Pakistani leader'

'Imran's no typical Pakistani leader'

Rediff.com12 May 2023

'He's charismatic, a populist, very popular, and indeed a cult of personality.' 'That ensures a powerful reaction from his support base -- even if it's not sustained, it will be quite intense, and that's worrisome for stability.'