Tag: economic crisis
India
India facing worst economic crisis since 1947: Subramanian Swamy
Veteran BJP leader and MP Subramanian Swamy believes only people with a solid grounding in macroeconomics can pull the economy out of its current...
News
Sri Lanka increases key rates to 21-yr high to fight inflation
Colombo: In an effort to fight inflation due to the ongoing economic crisis, the Monetary Board of the Central Bank of Sri Lanka’s...
Technology
Spotify to reduce new hiring by 25% amid economic slowdown
San Francisco : Swedish music streaming giant Spotify is reportedly reducing new hiring by at least 25 per cent as tech companies navigate through...
India
Sri Lanka power chief retracts statement accusing PM Modi of insisting on Adani for project
Two days after the chairman of Srilanka’s Ceylon Electricity Board (CEB) chairman MMC Ferdinando made a sensational accusation that Indian Prime Minister Narendra Modi...
Business
India provides Sri Lanka USD 55 mn credit line for fertiliser imports
Colombo : India has provided a USD 55 million Line of Credit to crisis-hit Sri Lanka for the import of fertiliser, in a bid...
News
Sri Lanka’s fuel supplies in crisis with last shipments under Indian credit line to arrive this month
Colombo: The last of the fuel shipments due under the Indian Line of Credit are arriving in Sri Lanka this month with no...
News
Sri Lanka decreases limit of foreign currency people can hold to USD 10,000
Colombo : Sri Lanka’s Central Bank on Thursday decided to substantially decrease the limit of foreign currency a person can hold in his possession...
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