Three killed in Anuradhapura accident

India, Maldives to sign pact on Greater Male Connectivity Project

India and Maldives on Thursday will sign a contract on the mega Greater Male Connectivity project (GMCP), the largest infrastructure project in the country. The project, funded by an Indian grant of $100 m and a Line of Credit of $400 m is also the biggest new development project by India in its neighbourhood in recent years. The project, the largest in the Indian Ocean atoll nation, will begin with the signing of the contract between the Maldives government and Indian infrastructure company AF

11 Sep, 2021

Galwan Valley clash took ties with China in completely different direction: Jaishankar

Noting that the Galwan Valley clash last year between Indian and Chinese forces took bilateral ties in a ?completely different direction?, External Affairs Minister S Jaishankar said on Monday that the challenge of how to manage relationship with China ranks ?very, very high? in India. ?Very serious clash in June last year in which a lot of lives were lost took the relationship in a completely different direction. In India, the challenge of how to manage our relationship with China ranks very v

11 Sep, 2021

TISL deeply concerned regarding new Finance?Act

TISL is deeply concerned regarding the?new Finance?Act?passed?on 7th September 2021?that?aims?to?grant tax amnesty for?individuals?who voluntarily disclose their undisclosed income?and assets.? TISL?warns?that this amnesty scheme could be abused for the purpose of money laundering unless?regulatory?authorities take extra measures to?counter such attempts. In 2012,?the?Financial Action Task Force (FATF) identified the?following?three?best practices in managing?Anti Money Laundering (AML)?and?Co

11 Sep, 2021