Intentar ORO - Gratis
New Lanka Govt's Honeymoon Over, Tough Calls Await
The New Indian Express Villupuram
|January 31, 2025
The Dissanayake regime's move on corruption is laudable. But with the poverty rate doubling, the govt needs to focus on economic recovery while balancing India and China's concerns.
OUR months after being elected president, Anura Kumara Dissanayake must fix multiple unresolved issues of corruption, rights abuses and long-term displacement. All while doing a tightrope walk to balance India and China's concerns. His most daunting challenge is economic recovery and managing public expectations.
As the new government's honeymoon period wanes, people are getting impatient about delivery, especially on the spiralling cost of living and shortage of rice, the island's staple. The dire economic situation has increased poverty, doubling the number of people living under the World Bank's extreme poverty line of $2.15 a day to nearly 26 percent. As more people feel the hunger pang, there is increasing criticism of the government's performance over rising commodity prices; an indication of the public mood may come when elections to the local authorities are held.
This government, however, is in stark contrast to the earlier Rajapaksa rule, which was known for excessive spending and alleged corruption. The public is impatiently waiting for the wheels of justice to turn and those responsible for corruption to be brought to book. But justice takes time, as does economic recovery.
Addressing one of the public's top concerns, the government recently took action against two sons of former president Mahinda Rajapaksa-Yoshitha and Namal. Namal, the first-born, who is a member of parliament and the national organiser of the Sri Lanka Podujana Peramuna, was indicted on charges of criminal misappropriation of LKR 70 million in connection with the Krrish Tower project in Colombo. Yoshitha was arrested on a charge of money laundering that had been hanging since 2019, when the Financial Crimes Investigation Division (FCID) was dissolved. During President Maithripala Sirisena's term (2015 to 2019), the FCID had investigated and charged several members of the Rajapaksa family.
Esta historia es de la edición January 31, 2025 de The New Indian Express Villupuram.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE The New Indian Express Villupuram
 
 The New Indian Express Villupuram
Bihar won't forgive insult to 'Chhathi Maiyya', says Modi
A day after Congress leader Rahul Gandhi launched an all-out attack on Prime Ninister Narendra Modi, the latter lit into him and the Opposition’s chief ministerial face Tejashwi Yaday, in two back-to-back rallies in Bihar’s Chapra and Motipur on Thursday.
1 min
October 31, 2025
The New Indian Express Villupuram
BSNL achieves 93% revenue target in Q2 at ₹5,347 crore, says Scindia
STATE-owned Bharat Sanchar Nigam Limited (BSNL) achieved a 93% revenue run rate in Q2, with collections of ₹5,347 crore against a target of ₹5,740 crore, said the Minister of Communication Jyotiraditya Scindia on Thursday.
1 mins
October 31, 2025
The New Indian Express Villupuram
ChatGPT's payment portal: The new e-commerce battleground?
A few weeks ago, OpenAI launched an inbuilt payment portal within ChatGPT that allows instant checkout. This means users can now make purchases straight from conversations. In addition to its upcoming partnership plans with Shopify, OpenAI has partnered with Stripe and Etsy.
3 mins
October 31, 2025
The New Indian Express Villupuram
Coromandel profit rises 17% to ₹816 crore
COROMANDEL International Limited on Thursday reported standalone net profit of ₹816 crore in Q2 FY26 compared to ₹696 crore YoY basis, a growth of 17% on the back of favourable monsoon and a strong agrarian sentiment across key markets.
1 min
October 31, 2025
The New Indian Express Villupuram
DEBATE & DISSENT, THE INDIAN WAY
NDIA is often praised for its spirituality, poetry, and devotion. What is less known, and usually deliberately forgotten, is that it also built one of the world’s strongest cultures of reasoning.
3 mins
October 31, 2025
The New Indian Express Villupuram
Law student with schizophrenia allowed to take exam without fee
THE Madras High Court on Thursday directed the Tamil Nadu Dr Ambedkar Law University to permit a student with 40% disability due to schizophrenia to appear for the odd semester exams in November without insisting on payment of tuition and special fees, for which he is legally eligible for exemption.
1 mins
October 31, 2025
The New Indian Express Villupuram
Man killed, hostage drama over
Police rescue 17 children and two adults from Powai studio after tense two-hour standoff
1 mins
October 31, 2025
The New Indian Express Villupuram
IIT-M prof to lead CBSE expert panel to develop AI curriculum for Class 3
THE Central Board of Secondary Education (CBSE) has constituted an expert committee chaired by IIT-Madras professor Karthik Raman to develop a curriculum for artificial intelligence and computational thinking (AI & CT) for Class 3 students. The education ministry recently decided that this subject would be introduced from the foundation level for students from the academic year 2026-2027.
1 mins
October 31, 2025
 
 The New Indian Express Villupuram
Hyundai profit up 14% on increase in exports
SUPPORTED by strong exports and cost-reduction efforts, Hyundai Motor India (HMIL) on Thursday reported a 14.3% year-on-year rise in consolidated net profit to ₹1,572 crore for the Q2FY26. Revenue during the quarter grew 1.16% year-on-year to ₹17,460.82 crore.
1 min
October 31, 2025
 
 The New Indian Express Villupuram
Groww sets price band at ₹95-100 for ₹6,632 cr IPO, issue opens on Nov 4
BILLIONBRAINS Garage Ventures, parent company of largest online investment platform Groww, has set price-band at ₹95-100 for its ₹6,632 crore (at the upper end) initial public offer (IPO).
1 mins
October 31, 2025
Listen
Translate
Change font size

