India joins US-led coalition to clean up carbon-intensive industry

Davos (IANS) India has joined the US-led First Movers Coalition, a flagship public-private partnership to clean up the most carbon-intensive industry sectors, from heavy industry to long distance transport.

The coalition on Wednesday announced…

Pak govt may be forced into early elections

Islamabad (IANS) Pakistans political turmoil continues as the ouster of former Prime Minister Imran Khan that led to the formation of a coalition government of at least nine political parties under the premiership of Shehbaz Sharif, seems to be walking…

'Without correct govt support, protests seen in SL could be repeated in other nations'

Washington (IANS) Kristalina Georgieva, head of the International Monetary Fund (IMF), said that governments need to subsidise the cost of food and energy for the poorest members of society and without the correct support, the protests seen in Sri…

India warns against 'hoarding, speculation' causing 'unjustifiable' food prices

United Nations (IANS) India has warned against "hoarding and speculation" running up prices of foodgrains to "unjustifiable" levels and urged for ensuring "equity" and "affordability" in the availability of food to all.

"Open markets must not…

Sri Lanka defaults on debt for first time in its history

Colombo (IANS) Sri Lanka has defaulted on its debt for the first time in its history as the country struggles with its worst financial crisis in more than 70 years, BBC reported.

It comes after a 30-day grace period to come up with $78m of…

Italy supports Finland-Sweden NATO bid while Turkey says no

Beijing (IANS) Italy's Prime Minister Mario Draghi told journalists that Italy backs the bid by Finland and Sweden to join NATO.

Draghi met the press on Wednesday along with Finland's visiting Prime Minister Sanna Marin at Palazzo Chigi,…

Japan's nuke regulator approves plan to discharge radioactive wastewater from Fukushima

Tokyo (IANS) Despite opposition from neighbouring nations, Japan's nuclear regulator on Wednesday approved a plan to discharge radioactive wastewater from the disaster-hit Fukushima Daiichi nuclear power plant into the Pacific Ocean.

The…

SL PM proposes selling off flag carrier

Colombo (IANS) Sri Lanka's new Prime Minister Ranil Wickremesinghe has proposed selling off the state-owned SriLankan Airlines as part of efforts to stabilise the island nation's finances amid the ongoing economic crisis.

In a televised…

Pak Army in political crosshairs which it has created

Islamabad/New Delhi (IANS) After nearly 15 years of successful remote-controlling of Pakistans governance, the all-powerful military establishment has become a butt of criticism as never before. Attacking it publicly has become fair game for all after…

India-Nepal extending horizons towards a strengthened partnership

Kathmandu/New Delhi (IANS) On the invitation of his Nepalese counterpart Sher Bahadur Deuba, Indian Prime Minister Narendra Modi visited to Lumbini, the birthplace of Gautam Buddha, on Monday to mark the occasion of Buddha Purnima. This is the second…