• 22 November, 2024
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Economic recovery

Sri Lanka’s own Arab Spring’ moment uproots Rajapaksa clan; but economic recovery still uncertain

Colombo, Jul 17 (PTI) What started as a small protest by a handful of individuals demanding basic necessities turned into a tsunami that uprooted the once-powerful Rajapaksa family in what was…

India assures continued support to democracy, stability and economic recovery in Sri Lanka

Colombo, Jul 16 (PTI) India on Saturday assured Sri Lanka that it will continue to support democracy, stability and economic recovery in the country, which is at a crucial juncture,…

GST collection of over Rs 1 lakh cr for July indicates economy recovering at fast pace, says Sitharaman

New Delhi [India], August 1 (ANI): Union Finance Minister Nirmala Sitharaman on Sunday said that Goods and Services Tax (GST) collection for July 2021 has again crossed Rs one lakh…

Despite COVID-19 disruptions, clear indications of economic revival in India, says Piyush Goyal

New Delhi [India], July 25 (ANI): Despite COVID-19 disruptions, there are clear indications of economic revival in India said Union Minister Piyush Goyal on Saturday. Addressing the Plenary Session of…

IMF calls for urgent action to address worsening ‘two-track’ recovery amid COVID

Washington [US] July 8 (ANI/Xinhua): As Group of Twenty (G20) finance ministers and central bank governors are set to gather later this week, the International Monetary Fund (IMF) on Wednesday…

World Economic Outlook by IMF: Forecast of India’s Growth Rate at an optimistic 12.5% in 2021, highest among all countries

International Monetary Fund expects global economy to be on firmer ground, but the predicts a large gaps among nations  with divergent recoveries amid high uncertainty. The behaviour of economies will…