‘We are going to die’: Sri Lanka warns of food shortages

COLOMBO, May 20 (Reuters) – Sri Lanka’s prime minister has warned of a food shortage as the island nation battles a devastating economic crisis and vowed the government will buy enough fertiliser for the next planting season to boost productivity. A decision in April last year by President Gotabaya Rajapaksa to ban all chemical fertilisers… Continue reading ‘We are going to die’: Sri Lanka warns of food shortages

Sri Lanka protesters call for new government a day after clashes kill eight

COLOMBO, May 10 (Reuters) – Protesters and a key trade group in Sri Lanka called for a new government to take control of the crisis-hit country on Tuesday as the president called for calm a day after clashes killed eight people, pushing his brother to quit as prime minister. Sri Lanka has been suffering its… Continue reading Sri Lanka protesters call for new government a day after clashes kill eight

Sri Lanka’s ruling coalition loses parliamentary majority amid growing protests

COLOMBO, April 5 (Reuters) – Sri Lankan President Gotabaya Rajapaksa’s ruling coalition lost its majority in parliament on Tuesday after at least 41 lawmakers walked out of the alliance amid growing unrest over an economic crisis, according to parliamentary proceedings. “Our party is on the side of the people,” said Maithripala Sirisena, leader of the… Continue reading Sri Lanka’s ruling coalition loses parliamentary majority amid growing protests

People more worried about economic crisis than coronavirus, says study

New Delhi: People are more worried about economic crisis than health issues emanating from coronavirus pandemic, according to an online study conducted by IIM Lucknow on “Understanding public sentiment during lockdown”. The study – conducted by Centre for Marketing in Emerging Economies (CMEE) at IIM Lucknow – revealed that majority (79 per cent) of people… Continue reading People more worried about economic crisis than coronavirus, says study

Corona economic crisis: UP govt freezes DA; suspends 6 allowances

Lucknow: On the lines of the central government, Uttar Pradesh government has suspended fresh Dearness Allowances (DA) hike given to the state employees and pensioners in view of the coronavirus economic crisis. The DA allowances hike would be suspended between January 2020 to June 2021. The order issued by the state finance department here on… Continue reading Corona economic crisis: UP govt freezes DA; suspends 6 allowances

From Apache purchase to bank mergers, Modi govt to present 100-day report card

New Delhi: As the Modi government 2.0 completes 100 days in office on Saturday, the BJP leadership would be connecting with the people to make them aware of the “historic” decisions made in the short period. The leaders will carry the message of the government on matters ranging from “strong nationalistic” and security-related decisions like… Continue reading From Apache purchase to bank mergers, Modi govt to present 100-day report card