Finance and Economy

The two nations also agreed to streamline procedures for trade and investment, removing bureaucratic hurdles and fostering a more conducive environment for businesses. This includes exploring the establishment of joint ventures and facilitating the exchange of technical expertise.

The minister informed that a 50 per cent rebate in the revenue share for coal used in gasification has been introduced in commercial coal block auctions, provided that at least 10 per cent of the total coal production is used for gasification purposes.

This decrease was primarily driven by a significant drop in food and beverage prices, with vegetable prices entering negative territory for the first time in 20 months.

Whether the two parties can bridge the gap and reach a mutually acceptable agreement remains to be seen. The Sri Lankan government's insistence on price revision and Adani’s re-affirmation of the initial terms, clearly sets the stage for a tense negotiation period.

Known for his loud-mouthing and raising the anti-India bogey, Mahfuj Alam utilised his verified Facebook account to address the nation's pressing challenges at approximately 3:00 AM on Tuesday.

The United States currently pays about 22 per cent of the United Nations’ regular budget and 27 per cent of the peacekeeping budget. As of now, the United States owes $1.5 billion to the UN’s regular budget.

The Taliban, long known for maintaining a united front and keeping internal conflicts out of public view, is now exhibiting unprecedented internal discord.

A central concern of the report is India's underutilized demographic dividend. Despite having a large working-age population, the country's labor force participation rate stands at a mere 56.4 percent, significantly lower than its peers.