• 22 November, 2024
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economic crisis

Fiscal Implosion In Pakistan Economy And Impact On Defence Spending

Pakistan has landed itself in fiscal maelstrom due to its profligate rentier mindset. The country's economy is on ventilator and is literally gasping for external bail-outs. The talks with IMF…

By Lt Gen K J Singh (Retd)

TN sends more relief material to crisis-hit Sri Lanka

Tuticorin (TN), Jul 23 (PTI) The Tamil Nadu government on Saturday dispatched another round of essential items to the economic crisis-hit Sri Lanka, with DMK MP Kanimozhi flagging off the…

Top UN official in Sri Lanka calls for inclusive consultations to resolve economic crisis

United Nations, Jul 22 (PTI) The top UN official in Sri Lanka has called on all stakeholders in the country to engage in broad and inclusive consultations to resolve the…

Sri Lanka’s economic collapse needs immediate global attention: UN experts

United Nations, Jul 21 (PTI) Sri Lanka’s economic collapse needs immediate global attention, not just from humanitarian agencies, but also from international financial institutions and other countries who must come…

Sri Lankan PM Wickremesinghe accepts Maldivian Speaker Nasheed’s offer to assist in securing international relief: Official

Colombo, May 19 (PTI) Sri Lankan Prime Minister Ranil Wickremesinghe on Thursday accepted a generous offer from Maldivian Speaker Mohamed Nasheed to assist the debt-ridden island nation's bid to secure…

Hobbled by Economy, Erdogan Heads to Saudi to Mend Ties

By Tuvan Gumrukcu and Jonathan Spicer ANKARA (Reuters) - Three and a half years after accusing Saudi Arabia's leadership of murder and running a sham trial over the killing of…

By PTI and Chanakya Forum

IMF assures to support Sri Lanka’s efforts to overcome the current economic crisis

Washington, Apr 24 (PTI) The International Monetary Fund has assured support to debt-ridden Sri Lanka in its efforts to mitigate the current economic crisis and termed the initial discussions with…

More Lankans fleeing economic crisis land in India

Rameswaram (TN), Apr 22 (PTI) Eighteen more Sri Lankan nationals who fled the crisis-hit island republic arrived in India on Friday, with the hapless families who landed at Dhanushkodi in…

Lanka PM Mahinda Rajapaksa proposes to curb presidential powers amid anti-govt protests

Colombo, Apr 19 (PTI) Sri Lanka's embattled Prime Minister Mahinda Rajapaksa on Tuesday proposed to restore the 19th amendment to the Constitution to curb presidential powers and empower Parliament as…

11,000 MT of rice from India reaches Lanka ahead of new year

Colombo, Apr 12 (PTI) A shipment of 11,000 MT of rice from India arrived here on Tuesday to help the economic crisis hit Sri Lankans celebrate the traditional national new…

Crisis-hit Sri Lanka announces debt default

Colombo, Apr 12 (PTI) Faced with critically low forex reserves, Sri Lanka on Tuesday announced that the crisis-stricken country will default on its external debt pending a bailout package from…

Sri Lanka’s surprise finance minister has a mountain to climb

By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) - When former justice minister Ali Sabry visited Sri Lanka's president last Monday, it was for talks amid an economic crisis that…