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…

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…

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…

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…

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…

Nepal, India sign 6 MoUs during Modi's Lumbini visit

Kathmandu (IANS) Nepal and India signed six Memorandums of Understanding (MoU) on Monday during the day-long visit of Indian Prime Minister Narendra Modi to Lumbini, the birthplace of Gautam Buddha.

One of the major takeaways of the visit is…

Modi-Deuba hold bilateral talks in Lumbini

Kathmandu (IANS) Nepal Prime Minister Sher Bahadur Deuba and his Indian Prime Minister Narendra Modi held bilateral talks in Lumbini, where the latter is on a day-long visit to mark the occasion of Buddha Purnima.

During the meeting, the two…

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…

Two Sikhs gunned down near Peshawar

Peshawar (IANS) Unidentified assailants gunned down two members of the Sikh community near Peshawar, police said on Sunday.

In a statement, Peshawar Capital City Police Office Ijaz Khan said that the incident occurred within the jurisdiction…