USD reaches over 300 against SL rupee for first time

Colombo (IANS) Sri Lankan banks on Tuesday said the US dollar reached over 300 against the country's rupee, LKR, for the first time, as the island nation is facing a severe economic crisis with the shortage of foreign exchange.

Local media…

SL military warns of tough action against violent protesters

Colombo (IANS) Amid mounting protests and vandalisation of properties of politicians, Sri Lanka's military on Tuesday warned the protesters of severe action if they resort to violence.

Sri Lanka's Defence Secretary, General (Retd) Kamal…

Chinese presence in Pak waters, country's top naval brass in 'self-help mode'

New Delhi (IANS) The Pakistan Navy has spared no effort to portray itself as a credible regional maritime force, with formidable growth planned in the coming years. Media briefs stated that the Pakistan Navy would soon induct a slew of new frigates,…

'Imran Khan playing US card to build up his support base'

Islamabad (IANS) Lisa Curtis, a regional expert who served under the former American administrations, has said that Pakistan Prime Minister Imran Khan is trying to play a "US card" to build up his support base.

"It's highly unlikely that…

Sri Lankan ruling party loses majority in Parliament

Colombo (IANS) President Gotabaya Rajapaksa's ruling party, Sri Lanka Podujana Peramuna (SLPP) on Tuesday lost its majority in Parliament as 42 MPs announced they would sit independently.

Among the 42 MPs, 14 are from Sri Lanka Freedom…

Pak Prez writes to Imran, Shehbaz for caretaker PM's appointment

Islamabad (IANS) Pakistan President Arif Alvi has sent letters to Prime Minister Imran Khan and Leader of Opposition in the National Assembly Shehbaz Sharif seeking suggestions for the appointment of a caretaker Prime Minister.

The process…

With 40,000 MT fuel from India, SL looks to reduce power cut from 13 hrs to 2 hrs

Colombo (IANS) Reliving thousands of those waiting in queues at fuel stations around the country and those hit by 13-hour-long power cuts, 40,000 MT of diesel under the Indian Line of Credit of $500 million arrived at the Colombo harbour on Saturday.

India says troops not going to Sri Lanka, calls reports untrue

New Delhi (IANS) India on Saturday dismissed claims that New Delhi is sending its troops to Sri Lanka amid an emergency imposed in the island nation, saying it is a fake information.

Indian High Commission in Sri Lanka "strongly" denied "blatantly…

Sri Lankan military denies arrival of Indian troops amid crisis

Colombo (IANS) Sri Lankan military and Indian High Commission have denied the claims that Indian troops have entered the island nation amid the growing crisis, with people taking to streets against the government.

Defence Secretary Kamal Gunaratne…

Pakistan cabinet dissolved, but Imran will continue as PM

Islamabad (IANS) Pakistan's former Minister for Information and Broadcasting Chaudhry Fawad Hussain on Sunday said the Federal Cabinet has been dissolved, but Prime Minister Imran Khan will continue his duties under Article 224 of the Constitution,…