President Gotabaya Rajapaksa, who is currently facing public demand for his resignation over his mishandling of the economic crisis, is the man who ruthlessly ended Sri Lanka's nearly 30-year civil war with the LTTE with the death of its supremo Velupillai Prabhakaran in 2009.
Economists have long argued that they shouldn't be expected to predict crises, such as the one that almost sank the global economy five years ago.
The SJB has begun to collect signatures from MPs for the no-confidence motion, according to media reports.
Power and Coal Minister Piyush Goyal warned that it would take years to alleviate coal supply shortages, which have reduced stocks at thermal power stations to their lowest since a huge blackout in 2012 cut off 620 million people.
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.
'We don't have a plan for the crisis at all. The uncertainty will continue.'
Voicing his deep concern, the UN chief said that the "hospitals in the south of Gaza are already at capacity and will not be able to accept thousands of new patients from the north."
The scandal has also rocked the wider car market, with manufacturers fearing a drop in diesel car sales.
Prime Minister Narendra Modi has said that India's economic growth is a 'natural by-product' of his nine-year-old government's political stability, as he expressed optimism that it will be a developed nation by 2047 with 'corruption, casteism and communalism' having no place in our national life.
After bumbling for years since 2014, the Modi government seems to believe that massive government expenditure will lead us to prosperity supported by 'seat-of-the-pants' decision-making, observes Debashis Basu.
The Indian men's skeet team stayed back to participate in their event
Will G20 showcase an India that is inclusive, culturally rich, diverse and tolerant, asks Ramesh Menon.
If the crisis worsens it could jack up India's oil import bill by over $20 billion this fiscal, at close to $200 billion.
'No one in Sri Lanka could afford to stay at home, everyone came onto the street.'
On Pakistan, the publication quoted him as saying that India wants "normal and neighborly relations."
Lankan Speaker told the party leaders that Parliament will meet on July 20 to elect a new president.
There have been reports that the Rajapaksa brothers, which dominates the current Sri Lankan government, are not on the same page. Gota, it is said, is not on the same wave length as his elder brother, Prime Minister Mahinda Rajapaksa, the former president, or Finance Minister Basil Rajapaksa, who is seen to be the family's strategist.
Taxing the rich will fetch nothing; only votes, argues Debashis Basu.
'The High Commission would like to categorically deny speculative reports in sections of media and social media about #India sending her troops to Sri Lanka. These reports and such views are also not in keeping with the position of the Government of #India,' the Indian mission said on Twitter.
'Rhetoric and chest-thumping are running high on India's recent growth record.'
'But will the giant waves developing elsewhere allow us to sail smoothly into fair winds?' asks Debashis Basu.
The decision was taken during a crucial all-party leaders meeting held earlier in the day.
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.
Himachal Pradesh Chief Minister Virbhadra Singh, who has accused the Modi dispensation of trying to "destabilise and topple" his government by using central agencies, on Monday met Congress President Sonia Gandhi in the backdrop of President's Rule being imposed in party-ruled Uttarakhand.
Mahinda Rajapaksa, along with his wife and family, fled his official residence -- Temple Trees -- and took shelter at the naval base in Trincomalee.
Wickremesinghe will resign after an all-party government is established and the majority is secured in Parliament.
Rajapaksa said China indicated that it would help Sri Lanka, while adding that "usually they don't like" lending out more money to cover earlier debt payments.
The whereabouts of Mahinda Rajapaksa is being speculated since his resignation on Monday.
aishankar also declined to predict India's vote in advance on the upcoming draft resolution against Russia in the UN.
Pilot's statement came amid reports of his discontentment with the Congress leadership.
The presidential secretariat which was occupied by the protesters from July 9 till Friday last is re-opened and the staff reported to work on Monday, officials said.
"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.
The ex-president returned to Sri Lanka on a Singapore Airlines flight.
The sharp correction in the Indian markets from their peak levels has made valuations attractive, say analysts, who advise buying selectively, but only from a long-term perspective. Fifty-six of the Nifty 100 stocks, according to Mahesh Nandurkar, managing director at Jefferies, now trade below the 10-year historical averages, including stocks in financial, select auto, and pharma sectors. "Valuation (one-year forward consensus price-to-earnings, PE) has declined 25 per cent from October 2021 peak, almost matching the 33 per cent price-earnings contraction during the 2011 tightening cycle when repo rates went up by 375 basis points (bps) versus 250 bps this cycle.
The order was also imposed on parliamentarians Johnston Fernando, Pavithra Wanniarachchi, Sanjeewa Edirimanne, Kanchana Jayaratne, Rohitha Abeygunawardena, C B Ratnayake, Sampath Athukorala, Renuka Perera, Sanath Nishantha, Senior DIG Deshabandu Thennakoon among others.
Almost all will say no. Then ask them why they don't push back at those who rise the slogan of Khalistan. Somebody would confront you with a counter-question: If people can talk of a Hindu Rashtra, why get so upset if others talk of a Sikh Nation, points out Shekhar Gupta.
Stating that recent agriculture reforms have opened new opportunities, the RBI Governor said the farm sector is emerging as a bright spot.
The airline not to be put on cash and carry mode
Thousands of student activists from the Inter University Students Federation blocked the main access road to the parliamentary complex since Thursday and carried on protests for almost 24 hours.
The next great mega-litigation could rival the $12 billion spent cleaning up Enron.
Rajapaksa, 73, fled Sri Lanka after the July 9 uprising when people broke into the President's House after months of public protests against him for mishandling the country's worst economic crisis since 1948.
