Sri Lankan President Sirisena must find a way to work with Ranil Wickremesinghe After three weeks of political turmoil, Sri Lanka’s controversially dismissed Prime Minister, Ranil Wickremesinghe, appears to have gained the upper hand. A majority of lawmakers backed a no-confidence motion in Parliament against Mahinda Rajapaksa, a former President …

But the technological and medical hurdles are immense Deadly radiation from the cosmos, potential vision loss, and atrophying bones are just some of the challenges scientists must overcome before any future astronaut can set foot on Mars, experts and top NASA officials said on Tuesday. The U.S. space agency believes …

U.S. FDA is giving companies two years to purge products that use any of the six artificial flavours Six artificial flavours are being ordered out of the food supply in a dispute over their safety, but good luck to anyone who wants to know which cookies, candies or drinks they’re …

Rupee fall, lower fares hit bottom line Low-cost airline SpiceJet Ltd. posted a second quarter net loss of Rs. 389.4 crore for the period ended September 30, 2018 on account of fuel price increase, rupee depreciation and lower fares. The firm had posted a net profit of Rs. 105 crore …

Structural reforms are needed to bring accountability to the credit rating industry After the IL&FS crisis, the Securities and Exchange Board of India is now trying to increase the level of scrutiny on credit rating agencies that failed to warn investors about it. SEBI has come out with new guidelines …

Revenues increase on automotive sales; however, the firm’s margins contract Mahindra & Mahindra (M&M) reported a better-than-expected 26% increase in its second quarter net profit to Rs. 1,779 crore even as the maker of utility vehicles and tractors witnessed margin contraction. The financials include numbers of its commercial vehicle unit …

A large number are living outside reserves, making the species vulnerable Why is the death of tigress Avni controversial? Since 2016, the deaths of 13 people in the Pandharkawda divisional forest of Maharashtra have been attributed to tigers and at least five of them to Avni, a 6-year-old with two …

Headline inflation falling, doesn’t warrant conservative policy, says CLSA’s Wood The RBI is being too conservative in its monetary policy and the government is right in criticising the central bank on this count, according to Christopher Wood, managing director and equity strategist at CLSA, a capital markets and investment group. …

Currency rises 0.5% to close at 72.31, oil slips to $65 a barrel The rupee appreciated 0.5%, or 36 paisa, against the dollar as international crude oil prices dropped to $65 a barrel, which is seen as positive for the current account deficit since India imports 80% of its oil …

The Madras High Court to-day [November 14, Madras] struck down the revised higher telephone tariffs holding them to be “arbitrary, unreasonable and unjust.” Mr. Justice T. Venkatadri, delivering the judgment, said that to his mind the imposition of fee for each extra call constituted an “intolerable burden.” The Department had …