Japan provides 300 million Yen grant for ‘Clean Sri Lanka’ programme

The Government of Japan has extended a grant of 300 million Japanese Yen (approximately LKR 565 million) to Sri Lanka to enhance waste management infrastructure facilities under the ‘Clean Sri Lanka’ programme, the President’s Media Division (PMD) said. A Memorandum of Understanding (MoU) for the grant was signed today at the Presidential Secretariat in the […]

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India tops Nepal’s tourist list in Jan despite decline in visitor numbers

India remains Nepal’s largest source of foreign tourists in January, but the number of visitors from the country saw a slight decline in the month, according to official data released on Monday. Of nearly 80,000 foreign tourists who visited Nepal last month, 20,485 were Indians, the Nepal Tourism Board (NTB) said. This marks a 15.1 […]

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Rupee sinks to lifetime low as Trump tariffs unnerve global markets

The Indian rupee fell to a record low on Monday after U.S. President Donald Trump slapped tariffs on imports from the country’s three biggest trade partners, stoking fears of a trade war that rattled global financial markets. The rupee declined to 87.28 per U.S. dollar before closing at 87.1850, down by nearly 0.7%, its biggest […]

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India reviewing crypto position due to global changes, senior official says

India is reviewing its stance on cryptocurrencies due to shifting attitudes towards the virtual asset in other countries, a senior government official told Reuters on Sunday. The review, which follows crypto-friendly policy announcements by U.S. President Donald Trump, could further delay publication of a discussion paper on cryptocurrencies that was due for release in September […]

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India’s military spending increases further, defense budget reaches $78 billion

India has increased its defense budget by 9.5% to $78 billion for 2025. The latest budget of the government led by Prime Minister Narendra Modi has increased defense spending to 8% of the country’s total GDP, establishing India as the fourth largest defense spender globally after the United States, Russia and China. According to analysts, […]

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Afghanistan’s air pollution better than last year: officials

The National Environmental Protection Agency (NEPA) said on Sunday that air pollution in Afghanistan has decreased this year compared to last year. Zainul Abedin Abed, the agency’s deputy director for policy and expertise, said in a press conference that in the past three months, Kabul authorities took 4,211 vehicles off the road that were releasing […]

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Maldives welcomes over 200,000 tourists in January, China leads arrivals

The number of tourists visiting the Maldives crossed 200,000 in January, statistics have shown. According to the Tourism Ministry, the number of tourists visiting the country in January was 11.1 percent higher than the same period last year. The largest number of tourists visited the Maldives in January came from China. According to the latest […]

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Sri Lanka eases vehicle import ban, but can people afford a new car?

Sri Lanka is set to relax a ban on some vehicle imports in a sign the country is returning to normal after a severe economic crisis that toppled a president. From 1 February, imports of buses, trucks and utility vehicles will be allowed to resume, while restrictions on other vehicles are expected to be gradually […]

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India budget opts for economic sugar rush over reform

India’s annual budget announcement was a bigger deal than usual this year: As the first full budget of Prime Minister Narendra Modi’s third term, it will set the tone for how the world’s fifth-largest economy confronts slowing growth and sagging markets. But the year’s top economic policy event opted mainly for short-term economic relief through […]

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