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India ‘considers’ buying discounted Russian oil

  INDIA is considering taking up a Russian offer to buy its crude oil and other commodities at discounted prices with payment via a rupee-rouble...

Paytm shares nosedive after regulatory ban, CEO arrest

  Paytm shares nosedived 13 per cent Monday after Indian regulators banned the beleaguered payments platform from enrolling new customers and reports its founder was...

Prices spike as local currency plummets in Sri Lanka

  SRI LANKA’s largest private fuel retailer raised diesel prices by more than 50 per cent on Friday (11), sparking a wave of sharp increases...

Heathrow says Ukraine, fuel prices ratchet up uncertainty

  LONDON’S Heathrow said concerns from US travellers over the war in Europe, longer flight times to avoid closed airspace, and higher fuel prices had added...

Sri Lanka currency falls sharply as economic crisis deepens

  THE SRI LANKAN rupee fell sharply against the dollar on Thursday (10), after the country’s central bank ordered a 15 per cent depreciation in...

India ranks second for global investment in digital shopping

  INDIA is the second-largest global venture capital investment hub for digital shopping companies, according to an official analysis released in London on Wednesday (9). Such...

Sri Lanka restricts ‘luxuries’ as forex crisis worsens

  SRI LANKA on Wednesday tightened restrictions on a wide range of imports from whisky to kitchen appliances as a foreign exchange shortage pushed the...
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