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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.

MEER VERHALEN VAN The Business Guardian

The Business Guardian

The Business Guardian

Rare earth magnets scheme to place India among 'allied group of nations

Union Minister for Heavy Industries & Steel, H D Kumaraswamy on Friday, through a video release, hails Union Cabinet's approval for the scheme to promote manufacturing of sintered Rare Earth Permanent Magnets (REPM) with a financial outlay of Rs 7,280 crore emphasizing that the move will place India among the \"allied group of nations\".

time to read

1 mins

November 29, 2025

The Business Guardian

The Business Guardian

INDIAN ECONOMY GROWS 8.2% IN Q2 2025-26

India's nominal GDP grew at an 8.7 per cent rate during the September quarter, data showed today.

time to read

2 mins

November 29, 2025

The Business Guardian

Smog engulfs Mumbai amid dip in air quality as pollution rises

A dense layer of smog enveloped several parts of Mumbai on Friday, including the Bandra-Kurla Complex area, as pollution levels continue to rise in Maharashtra’s capital.

time to read

1 min

November 29, 2025

The Business Guardian

The Business Guardian

18 new prospecting agencies notified to boost India's coal sector

In a major move to accelerate coal exploration and strengthen India's push toward Aatmanirbhar Bharat, the Government of India has expanded the pool of Accredited Prospecting Agencies.

time to read

1 min

November 29, 2025

The Business Guardian

The Business Guardian

'Rising middle class, strong economy to drive tourism boom in country'

Tourism in India is set to grow at over 20 per cent Compound Annual Growth Rate (CAGR), Union Minister Gajendra Singh Shekhawat optimistically said on Friday, as he highlighted the country's growing economy, overall infrastructure, and rising middle-class population.

time to read

1 min

November 29, 2025

The Business Guardian

The Business Guardian

India’s Crypto Tax Policy Ahead of Budget 2026: From Discouragement to Neutrality

As India moves toward Budget 2026, there is a clear need to rethink how the country treats virtual digital assets (VDAs).

time to read

1 min

November 29, 2025

The Business Guardian

Tirupati laddu ghee row: SIT nabs senior TTD official

The Special Investigation Team (SIT), under the supervision of the Central Bureau of Investigation (CBD), arrested senior TTD engineering department official in connection with the Tirumala Tirupati Devasthanams (TTD) laddu-ghee adulteration case, an SIT official said.

time to read

1 mins

November 29, 2025

The Business Guardian

The Business Guardian

NHRC issues notice to MP govt officials to inquire human rights violations at VIT

The National Human Rights Commission (NHRC) has issued notices to top officials of the Madhya Pradesh government, the state police, and the University Grants Commission (UGC) after taking cognisance of a complaint alleging severe human rights violations at VIT University, located in Sehore district.

time to read

1 mins

November 29, 2025

The Business Guardian

The Business Guardian

BYJU RAVINDRAN CLAIMS CLINCHING EVIDENCE THAT PROVES LENDERS MISLED

Additionally, Byju Raveendran has separately filed a motion in the Delaware Bankruptcy Court to correct what he says is the Court's premature damages judgement.

time to read

2 mins

November 29, 2025

The Business Guardian

The Business Guardian

Warner Bros. Discovery unveils Nithari: Truth, Lies & Murder

Nearly two decades after the Nithari killings sent shockwaves across the nation, Warner Bros. Discovery and Trinetra return to the scene of the crime with Nithari: Truth, Lies & Murder. Reignited by the November 11th, Supreme Court verdict overturning Surinder Koli's last remaining conviction, the gripping three-hour investigative docu-series delves deep into one of India's most chilling real-life crimes.

time to read

1 min

November 29, 2025

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