Daily Archives: August 5, 2018

Turning the spotlight on industries

“National tragedy.” That is how Finance Minister Mangala Samaraweera described the problem of prevalent household indebtedness in Sri Lanka, when he recently announced the government’s decision to write off debt of LKR 1 lakh or less, incurred by 75,000 women in 12 drought-affected districts across the country. The move, aimed …

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N. Korea flouted UN sanctions: report

North Korea has pressed ahead with its nuclear and missile programmes and continues to evade UN sanctions through increased illegal ship-to-ship transfers of oil products at sea, a UN report said on Friday. In a 62-page report sent to the Security Council, the UN panel of experts also listed violations …

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Higher tariffs on U.S. goods from Sept. 18

India said on Saturday that delayed higher tariffs against some goods imported from the U.S. would go into force on September 18. New Delhi, incensed by Washington’s refusal to exempt it from new tariffs, decided in June to raise import tax from August 4 on some U.S. products, including almonds, …

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is the Sensex on a bull run?

India’s benchmark equity index, the 30-share Sensex, is on a record-breaking spree this year. The recent past saw the index regularly touching a new high with ease as it breached the 37,000-mark for the first time ever on July 26. Incidentally, the index took only 13 trading sessions to clock …

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Latin America seeks more missions

India should respect the promise it made in 2010 to open embassies in three more Latin American nations, a group of Ambassadors has urged Foreign Secretary Vijay Gokhale. A senior diplomat from the region told The Hindu that these countries were awaiting action on India’s promise, especially after Prime Minister …

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