Morning Digest | Situation under control in Goa, says Congress; all eyes on Trinamool as Murmu visits West Bengal, and more

[ad_1] Mamata Banerjee’s remarks on Droupadi Murmu keeps everyone guessing West Bengal Chief Minister and Trinamool supremo Mamata Banerjee on July 1 had softened her stand on the NDA candidate, saying that if she was aware of Ms. Murmu’s candidature earlier, things would have been different. New U.K. Prime Minister to be announced on September 5 […]

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Sri Lanka President Gotabaya Rajapaksa flees as protesters storm home: report

[ad_1] Sri Lanka’s beleaguered President Gotabaya Rajapaksa fled his official residence in the capital Saturday, a top defence source told AFP, before television footage showed protesters demanding the leader’s resignation storming the compound. “The President was escorted to safety,” the source said, adding that troops fired in the air to prevent angry crowds from overrunning […]

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Crisis-hit Sri Lanka to present debt restructure plan to IMF by August

[ad_1] PM Wickresinghe outlines roadmap to carry Sri Lanka out of its crisis. PM Wickresinghe outlines roadmap to carry Sri Lanka out of its crisis. Crisis-hit Sri Lanka will present to the International Monetary Fund by the end of August a plan to restructure its debt, Prime Minister Ranil Wickremesinghe told parliament on Tuesday, July […]

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Sri Lanka President calls Putin; plans to visit UAE to explore options for fuel imports

[ad_1] Gotabaya Rajapaksa will also embark on a tour of the United Arab Emirates soon to import fuel from the oil-rich Gulf nation Gotabaya Rajapaksa will also embark on a tour of the United Arab Emirates soon to import fuel from the oil-rich Gulf nation Sri Lanka President Gotabaya Rajapaksa has called his Russian counterpart […]

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More than 30 of Sri Lanka’s bondholders launch formal group for debt talks

[ad_1] Sri Lanka has hired heavyweight financial and legal advisers Lazard and Clifford Chance as it prepares for the difficult task of renegotiating its complex web of creditors. Sri Lanka has hired heavyweight financial and legal advisers Lazard and Clifford Chance as it prepares for the difficult task of renegotiating its complex web of creditors. […]

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Sri Lanka needs to find $ 6 billion to keep the country afloat this year: Ranil 

[ad_1] Sri Lanka must find $6 billion to keep the country afloat for the next six months, Prime Minister Ranil Wickremesinghe said on Tuesday, as he outlined the government’s plans to combat an unprecedented economic crisis.   President Gotabaya Rajapaksa appointed Mr. Wickremesinghe as PM on May 12, days after Mahinda Rajapaksa resigned as PM […]

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India assures Sri Lanka of fertilizer supplies to avoid food shortages

[ad_1] Sri Lankan President Gotabaya Rajapaksa, while speaking with a group of irrigation officials on the next harvesting season’s requirements, said Indian PM Narendra Modi had assured him of fertilizer supplies for the next cultivation season. Sri Lankan President Gotabaya Rajapaksa, while speaking with a group of irrigation officials on the next harvesting season’s requirements, […]

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Australian cricketers raise ethical concerns about touring Sri Lanka during crisis

[ad_1] Australia are scheduled to play a T20 series, five ODIs and two Tests in Sri Lanka in June-July, but the players are worried about the ethical issue of playing in the country as it battles a severe economic crisis Australia are scheduled to play a T20 series, five ODIs and two Tests in Sri […]

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Sri Lankan PM says he will slash expenditure in new budget

[ad_1] Sri Lanka’s new Prime Minister Ranil Wickremesinghe said on May 25 that he will present an interim budget within six weeks, slashing infrastructure projects to re-route funds into a two-year relief programme for the crisis-hit island nation. Mr. Wickremesinghe, who took office two weeks ago, warned that inflation would rise as the government gets […]

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Sri Lanka hikes fuel prices; petrol at all-time high of Rs. 420, diesel Rs. 400 per litre

[ad_1] The decision to raise the Octane 92 petrol price by 24.3% or 82 Sri Lankan rupees and diesel by 38.4% or 111 Sri Lankan rupees per litre was taken by the state fuel entity, Ceylon Petroleum Corporation The decision to raise the Octane 92 petrol price by 24.3% or 82 Sri Lankan rupees and […]

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