News for 'economic-crisis'

Rajapaksa won't resign under 'any circumstances'

Rajapaksa won't resign under 'any circumstances'

Rediff.com6 Apr 2022

The Government also defended the President's decision to enforce a state of emergency, that had given him sweeping authority to act in the interests of public security and preserving public order, including suspending any laws, authorising detentions and seizing property, saying it was declared after attempts were made to attack the President's Office and other public property.

Pakistan govt hints at legal options to ban Imran Khan's PTI

Pakistan govt hints at legal options to ban Imran Khan's PTI

Rediff.com19 Mar 2023

He however clarified that it is ultimately up to the courts to officially ban a political party.

India rejects reports of facilitating Gotabaya's escape

India rejects reports of facilitating Gotabaya's escape

Rediff.com13 Jul 2022

"The High Commission categorically denies baseless and speculative media reports that India facilitated the recent reported travel of @gotabayar @Realbrajapaksa out of Sri Lanka," the High Commission of India in Sri Lanka tweeted.

Gotabaya retains Mahinda, drops 3 Rajapaksas in new cabinet

Gotabaya retains Mahinda, drops 3 Rajapaksas in new cabinet

Rediff.com19 Apr 2022

Prime Minister Mahinda Rajapaksa became the only member of the family to retain a cabinet position in his younger brother Gotabaya Rajapaksa's new cabinet of 17 ministers appointed on Monday, as the island nation was facing the worst economic crisis.

FIFA WC: Arab fans supporting each other in solidarity

FIFA WC: Arab fans supporting each other in solidarity

Rediff.com30 Nov 2022

Morocco, in second place in their group but tied on 4 points with top team Croatia, play their final game of the group stage against Canada on Thursday.

India closely monitoring Chinese vessel's visit to Sri Lankan port

India closely monitoring Chinese vessel's visit to Sri Lankan port

Rediff.com2 Aug 2022

There are apprehensions about the possibility of the vessel's tracking systems attempting to snoop on Indian installations while being on its way to the Sri Lankan port.

Was Narasimha Rao India's Best Prime Minister?

Was Narasimha Rao India's Best Prime Minister?

Rediff.com22 Aug 2023

'He told senior journalists a few days after the Babri Masjid demolition, 'Jo hua theek hua. Maine isliye hone diya ki BJP ki rajniti hamesha ke liye khatam ho jaye.'

'I don't think one Rajapaksa can survive this storm'

'I don't think one Rajapaksa can survive this storm'

Rediff.com16 May 2022

'The Rajapaksas have been in active politics for decades and survived many challenges, but they seem to have misread this one.'

Rajapaksa given entry on private visit, no asylum request: Singapore

Rajapaksa given entry on private visit, no asylum request: Singapore

Rediff.com14 Jul 2022

A Saudi airlines flight -- SV 788 -- carrying Rajapaksa landed at the Singapore Changi International Airport shortly after 7 pm (local time).

Asia Cup to be moved to Bangladesh amid crisis in Sri Lanka?

Asia Cup to be moved to Bangladesh amid crisis in Sri Lanka?

Rediff.com14 Jul 2022

BCCI monitoring situation in Sri Lanka: Sourav Ganguly

Speaker appoints Prime Minister Wickremesinghe as Lanka's acting president

Speaker appoints Prime Minister Wickremesinghe as Lanka's acting president

Rediff.com13 Jul 2022

Sri Lankan Prime Minister Ranil Wickremesinghe was appointed as the country's acting president after President Gotabaya Rajapaksa fled to the Maldives on a military jet on Wednesday in the face of a public revolt against his government for mishandling the economy that has bankrupted the country.

Emergency imposed in Sri Lanka after Rajapaksa flees

Emergency imposed in Sri Lanka after Rajapaksa flees

Rediff.com13 Jul 2022

Sri Lanka on Wednesday declared a state of emergency after President Gotabaya Rajapaksa fled to the Maldives on a military jet in the face of a public revolt against his government for mishandling the country's economy.

Budget 2021: What is costlier, and what's cheaper

Budget 2021: What is costlier, and what's cheaper

Rediff.com1 Feb 2021

Here's how the budget impacts the pocket of the common man.

Lanka allows docking of Chinese ship at port amid India's concern

Lanka allows docking of Chinese ship at port amid India's concern

Rediff.com13 Aug 2022

The ship will now arrive on August 16 and remain at the Hambantota port till August 22, they said.

Cash-strapped Sri Lanka shuts embassies in Norway, Iraq

Cash-strapped Sri Lanka shuts embassies in Norway, Iraq

Rediff.com5 Apr 2022

Cash-strapped Sri Lanka has decided to temporarily shut its embassies in Norway and Iraq, as well as the country's consulate general in Sydney, the ministry of foreign affairs said on Tuesday.

India's ties with China 'abnormal' due to...: Jaishankar

India's ties with China 'abnormal' due to...: Jaishankar

Rediff.com29 Apr 2023

Jaishankar, who arrived in Santo Domingo on his first official visit to the Dominican Republic, also said that India has seen a dramatic expansion in connectivity, contacts, and cooperation across the region.

Sri Lankan MP, security guard killed as violence erupts across nation

Sri Lankan MP, security guard killed as violence erupts across nation

Rediff.com9 May 2022

A Sri Lankan parliamentarian of the ruling party of the Rajapaksas and his personal security officer were killed on Monday in clashes between anti- and pro-government protesters in the country.

Lessons of fiscal prudence from Sri Lanka: Jaishankar at all-party meet

Lessons of fiscal prudence from Sri Lanka: Jaishankar at all-party meet

Rediff.com19 Jul 2022

Sri Lanka is facing 'a very serious crisis' that makes India naturally worried, External Affairs Minister S Jaishankar told an all-party meeting in New Delhi on Tuesday and dismissed suggestions about such a situation arising in India.

Will Asia Cup be shifted from Sri Lanka to UAE?

Will Asia Cup be shifted from Sri Lanka to UAE?

Rediff.com17 Jul 2022

The Asia Cup is "likely" to be moved out of Sri Lanka in the wake of political unrest in the island nation, SLC secretary Mohan de Silva said on Sunday, adding that the tournament could be played in the UAE.

Gita Gopinath to take No 2 role at IMF as First Deputy Managing Director

Gita Gopinath to take No 2 role at IMF as First Deputy Managing Director

Rediff.com3 Dec 2021

Gita Gopinath, the IMF's Indian-American chief economist has been promoted as its First Deputy Managing Director recognising her exceptional intellectual leadership in helping the global economy and the Fund to navigate the "twists and turns" of the "worst economic crisis of our lives". Gopinath would replace Geoffrey Okamoto who plans to leave the International Monetary Fund early next year, Kristalina Georgieva, IMF's managing director announced on Thursday. Gopinath, who was scheduled to return to her academic position at Harvard University in January 2022, has decided to stay, she said. Gopinath, 49, has served as the first female chief economist of the Washington-based global lender for three years.

Ex-Maldivian Prez negotiated Gotabaya's escape

Ex-Maldivian Prez negotiated Gotabaya's escape

Rediff.com13 Jul 2022

Thirteen people accompanied Rajapaksa to the Maldives. They arrived in an AN32 aircraft, according to TV news channels.

Jaishankar meets Lankan prez, says for India it's neighbourhood first

Jaishankar meets Lankan prez, says for India it's neighbourhood first

Rediff.com20 Jan 2023

India will encourage greater investments in Sri Lanka's economy, especially in areas of energy, tourism and infrastructure, External Affairs Minister S Jaishankar said on Friday, as he expressed India's solidarity with the debt-ridden Island nation during its "difficult moments".

Argentina street party erupts after World Cup win

Argentina street party erupts after World Cup win

Rediff.com19 Dec 2022

Hundreds of thousands of Argentines poured into the sunlit streets of Buenos Aires on Sunday

Asia Cup T20: India meet Pakistan on August 28

Asia Cup T20: India meet Pakistan on August 28

Rediff.com2 Aug 2022

Arch-rivals India and Pakistan will clash in an Asia Cup Sunday blockbuster in Dubai on August 28, the organisers said on Tuesday.

Sri Lanka thrash Bangladesh to claim Test series 1-0

Sri Lanka thrash Bangladesh to claim Test series 1-0

Rediff.com27 May 2022

Sri Lanka head coach Chris Silverwood began his tenure with a 1-0 series victory against Bangladesh after the islanders won the second and final Test by 10 wickets on Friday.

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

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

Rediff.com20 Apr 2022

At least one person was killed and 12 others injured on Tuesday when the police opened fire to disperse angry anti-government protestors in Sri Lanka's southwestern region of Rambukkana, officials said.

Hinduphobia has no place in UK, we must fight this: Oppn Labour Party leader

Hinduphobia has no place in UK, we must fight this: Oppn Labour Party leader

Rediff.com6 Oct 2022

Labour Leader Keir Starmer told a gathering of hundreds of British Indians that he was determined to put an end to 'divisive politics' and extremist elements exploiting social media to spread hatred within communities.

Lanka's ousted president Rajapaksa lauds Asia Cup champs

Lanka's ousted president Rajapaksa lauds Asia Cup champs

Rediff.com12 Sep 2022

Meanwhile, his successor, President Ranil Wickremesinghe tweeted: "Congratulations to the Sri Lankan cricket team on winning the Asia Cup 2022. Well played Pakistan! The second championship for today," he said, adding that it "goes to show that, with dedication and determination we can overcome challenges as a nation. Onwards and upwards Sri Lanka!"

So, What Was It About Naatu Naatu?

So, What Was It About Naatu Naatu?

Rediff.com14 Mar 2023

RRR threw a lifeline, or so it seemed -- to a world that was down in the dumps. Keeravani and his Naatu Naatu just happened to be in the right place at the right time, notes Saibal Chatterjee.

Cricket Australia says to continue with tour of Sri Lanka

Cricket Australia says to continue with tour of Sri Lanka

Rediff.com12 May 2022

Cricket Australia continues to monitor the situation in Sri Lanka but has no plans to change the schedule of the upcoming tour of the island state despite continued violence, the governing body said on Thursday.

Protesters storm Lanka president's home, swim in Rajapaksa's pool

Protesters storm Lanka president's home, swim in Rajapaksa's pool

Rediff.com9 Jul 2022

The President had been moved out of his residence on Friday, in anticipation of Saturday's protests.

Indian tea companies smell opportunity as Sri Lanka crisis brews

Indian tea companies smell opportunity as Sri Lanka crisis brews

Rediff.com26 Apr 2022

As the economic crisis in Sri Lanka - the world's largest exporter of orthodox tea - continues to rage across the island nation, tea producers in India look to cash in on the opportunity to seize the market. The country's largest tea growing company, McLeod Russel India, expects orders to come in from July. "A huge opportunity is coming up for everyone in India. "McLeod Russel is well placed because we have the capacity for orthodox tea," said Azam Monem, director, McLeod Russel. About 10 per cent of McLeod's production is orthodox tea.

Here's how Sri Lanka claimed their 6th Asia Cup Trophy

Here's how Sri Lanka claimed their 6th Asia Cup Trophy

Rediff.com12 Sep 2022

Hasaranga claimed three wickets in one over and Pramod Madushan claimed a career-best 4-34 to bowl out Pakistan for 147 in exactly 20 overs.

'Extremely difficult' phase after what China did on border: Jaishankar

'Extremely difficult' phase after what China did on border: Jaishankar

Rediff.com18 Aug 2022

We very much hope that wisdom dawns on the Chinese side, Jaishankar said in Bangkok.

Curfew imposed in Lima; Indian shooters' WC campaign to continue

Curfew imposed in Lima; Indian shooters' WC campaign to continue

Rediff.com5 Apr 2022

The Indian men's skeet team stayed back to participate in their event

Sri Lankan parliament to elect new president on July 20: Speaker

Sri Lankan parliament to elect new president on July 20: Speaker

Rediff.com11 Jul 2022

The decision was taken during a crucial all-party leaders meeting held earlier in the day.

Protestors set fire to Sri Lankan PM's private home

Protestors set fire to Sri Lankan PM's private home

Rediff.com10 Jul 2022

A group of protesters on Saturday entered the private residence of Sri Lankan Prime Minister Ranil Wickremesinghe and set it on fire, hours after he offered to resign to make way for an all-party government amid unprecedented protests in the country for the resignation of the government led by President Gotabaya Rajapaksa.

'We don't believe in Wickremesinghe'

'We don't believe in Wickremesinghe'

Rediff.com22 Jul 2022

'If Ranil Wickremesinghe starts repressing and suppressing the protesters who represent the people, that will pose a danger for him to continue in office.'

Maha farmer urges PM to ensure MSP, kills self over onion price crash

Maha farmer urges PM to ensure MSP, kills self over onion price crash

Rediff.com20 Sep 2022

The suicide note also stated about "foul language" used by people associated with a cooperative society and threat by lenders (finance firms), a police officer said on Monday.

Australia hope to bring some joy to crisis-hit Sri Lanka

Australia hope to bring some joy to crisis-hit Sri Lanka

Rediff.com3 Jun 2022

Australia limited-overs captain Aaron Finch hopes his team can bring some joy to cricket fans in Sri Lanka amid the island nation's worst financial crisis in over seven decades.