By Karan Deep Singh
NEW DELHI — India’s economy is limping back to life, and its wealthy consumers are finally returning to its malls and stores.
But at Electronics Desire, where the aisles are empty and the sales are slow, the lingering fears of India’s middle class — and the millions who…
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Twitter’s Jack Dorsey steps down from CEO role
By Kate Conger and Lauren Hirsch
SAN FRANCISCO — Jack Dorsey is stepping down as chief executive of Twitter, the…
Pakistan, stricken by surging inflation, seeks an IMF lifeline
By Emily Schmall and Salman Masood
Muhammad Nazir cancelled his daughter’s wedding. He parks his motorcycle at…
Stock index recovers to end at fresh peak after plunging on budget woes
COLOMBO– Sri Lanka stocks closed at a new all-time closing high on Monday (15), recovering from an initial plunge…
The consulting firm that billionaires turn to when they give away money
By Nicholas Kulish
MacKenzie Scott stepped out of the long shadow of her former husband, Amazon founder Jeff…
CB says no forcible conversion of worker remittances in securitization
COLOMBO – Sri Lanka’s central bank said there will be no forcible conversion of worker remittances for a planned…
Finance Minister unaware of items in Special GST hatched in secret
COLOMBO – Sri Lanka’s Finance Minister Basil Rajapaksa said he was unaware of all the items that are going to be…
Share index touches new peak; CLC becomes market heavyweight
COLOMBO – Sri Lanka stock index touched a fresh record closing high on Wednesday (3) as investor sentiment was…
Govt. aims to cut deficit, have non-traditional budget in 2022
COLOMBO – Sri Lanka aims to make a ‘significant reduction’ in the runaway fiscal deficit in 2022 and have a…
Central Bank says working to reverse trend of getting deeper into dollar debt
COLOMBO – Sri Lanka’s central bank is aware that its net foreign assets are negative and is working to reverse the…