Geetha claims she is not after Ministerial posts

President warns of attempts to create chaos in August

President Ranil Wickremesinghe today warned of attempts to create chaos in August. He told Parliament that key Hindu and Buddhist religious events are taking place in the month of August. The President said that tourist arrivals are set to increase in the month of August. However, he said that some groups are attempting to spread chaos during this period. He said that the security forces have been placed on alert. The President urged the public not to support attempts to destabilize the cou

03 Aug, 2022

Ranil repeats calls to form all-party Government

President Ranil Wickremesinghe today repeated calls to form an all-party Government. He said that Parliament must be united and not divided to address the current crisis. The President said that some political parties have already expressed interest to join the all-party Government. The President expressed these views while making the policy speech of the new Government in Parliament today. The Third Session of the 9th Parliament was declared open by President Ranil Wickremesinghe today. Th

03 Aug, 2022

FPIs return to Indian equities with Rs 5k-cr investment in Jul after 9 mths

After nine consecutive months of relentless selling, foreign investors have turned net buyers and invested nearly Rs 5,000 crore in Indian equities in July on softening dollar index and good corporate earnings. This is in sharp contrast to a net withdrawal of Rs 50,145 crore from the stock market seen in June. This was the highest net outflow since March 2020, when foreign portfolio investors (FPIs) had pulled out Rs 61,973 crore from equities, data with depositories showed. Going forward, Hit

02 Aug, 2022