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INDIA OFFERS TO WORK WITH LANKA ON DEBT RESTRUCTURING, ECONOMIC RECOVERY

The Business Guardian

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November 05, 2023

India will work closely with Sri Lanka on discussions regarding debt restructuring as well as on the path of its economic recovery, with greater collaboration in promotion of digital education, digital payments, digital identity and cooperation in dairy development opening up vistas of greater engagement.

- NIVEDITA MUKHERJEE

INDIA OFFERS TO WORK WITH LANKA ON DEBT RESTRUCTURING, ECONOMIC RECOVERY

FM VISIT TO SRI LANKA

The suggestions came up during Finance Minister Nirmala Sitharaman's meeting with Prime Minister Dinesh Gunawardena in Colombo. The meeting also saw discussions on various aspects of India-Sri Lanka economic partnership, promotion of greater trade, investment, tourism and people-to-people ties.

The Finance Minister also met with President Ranil Wickremesinghe and highlighted the potential of the ‘Vision document on Economic Partnership’ -- adopted during his visit to India in July 2023 – to further strengthen the countries’ maritime, air, digital, energy and people-to-people connectivity. Sitharaman’s visit comes at a time when Sri Lanka is envisioning to build a new market economy with focus on tourism, sustainability, agricultural modernisation and digitisation which holds opportunity for collaboration with India.

PLUS D'HISTOIRES DE The Business Guardian

The Business Guardian

Govt okays Rs 305-crore Tex-RAMPS scheme to boost R&D in textiles sector

The Government of India has approved a new central sector scheme, \"Textiles Focused Research, Assessment, Monitoring, Planning and Startup' (Tex-RAMPS), aimed at boosting research, innovation and competitiveness in the country's textiles sector.

time to read

1 min

November 28, 2025

The Business Guardian

The Business Guardian

India's economy on strong footing as GST cuts boost demand, Inflation hits record low

India's macroeconomic outlook remains firmly positive, with easing inflation, strengthening domestic demand and improving policy transmission placing the economy on a stable growth path, noted the Monthly Economic Review for October released on Thursday, by the Department of Economic Affairs, Ministry of Finance.

time to read

2 mins

November 28, 2025

The Business Guardian

The Business Guardian

HOW DEEPFAKES ARE CREATING NEW RISKS FOR WOMEN IN INDIA

With the rise in the usage of digital media by Indians, a new challenge has arisen in the form of synthetic and manipulated media, particularly deepfakes.

time to read

4 mins

November 28, 2025

The Business Guardian

RURAL DEMAND LIFTS MICROFINANCE SECTOR AS LENDERS SEE SIGNS OF STABILITY

New Delhi: India's microfinance industry is witnessing a renewed upswing, supported by rising rural demand, improved repayment behaviour and early signs of asset quality stabilisation, according to experts and lenders.

time to read

1 mins

November 28, 2025

The Business Guardian

Tesla opens first all-in-one Centre in Gurugram

Tesla India announces the opening of its first Tesla Centre in Gurugram on Thursday, marking a major step in its plan to expand electric mobility in the country.

time to read

1 mins

November 28, 2025

The Business Guardian

NEW TELECOM CYBERSECURITY RULES IN FORCE: DOT

The ministry clarified through a press release that a subsequent inadvertent re-publication of the rules does not affect the validity of the original amendments.

time to read

2 mins

November 28, 2025

The Business Guardian

The Business Guardian

NetBanking 2.0 aims to make online payments easier, safer: NPCI Bharat BillPay MD & CEO

Net banking in India is set to change in a big way with the introduction of a new system designed to make online payments simpler and safer for users.

time to read

1 mins

November 28, 2025

The Business Guardian

The Business Guardian

CBDT launches second NUDGE initiative to boost voluntary compliance on foreign assets

The Central Board of Direct Taxes (CBDT) on Thursday announced the launch of the second phase of its NUDGE initiative aimed at strengthening voluntary compliance in reporting foreign assets and income.

time to read

1 mins

November 28, 2025

The Business Guardian

The Business Guardian

An enchanting evening with veterans and gems of Hindi Poetry

The 53rd Shri Ram Kavi Sammelan returns with a distinguished lineup of veteran poets and celebrated gems of Hindi literature.

time to read

1 min

November 28, 2025

The Business Guardian

Govt approves Rs 305-crore Tex-RAMPS scheme to

The Government of India has approved a new central sector scheme, ‘Textiles Focused Research, Assessment, Monitoring, Planning and Startup’ (Tex-RAMPS), aimed at boosting research, innovation and competitiveness in the country’s textiles sector.

time to read

1 min

November 28, 2025

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