India’s banks face risks from low growth, fiscal deficit
MUMBAI, Dec 23 (Asia Pulse) - India's banking system has weak spots such as decelerating growth and a growing fiscal deficit which need to be addressed, a …
Other
India may give sugar producers more freedom from state control
NEW DELHI, Dec 23 (AsiaPulse) - Noting that sugar industry would be a priority under the food bill, Indian Food Minister K.V Thomas on Wednesday said the …
Sri Lanka in sand nourishment to prevent sea erosion
Dec 23, 2011 (LBO) - Sri Lanka will use sand nourishment to shore up defences against sea erosion in Marawila, a fishing and tourism area north of the island's …
Falling rupee lifts Indian PC prices
NEW DELHI, Dec 23 (AsiaPulse) - Indian computer maker HCL INFOSYSTEMS has increased prices of desktops, laptops and servers by 10-15 per cent September …
Sri Lanka asks Russia for phased import duty reduction
Dec 21, 2011 (LBO) - Sri Lanka has asked Russia to cut import duty on tea in a phased manner following its admission to the World Trade Organisation (WTO) …
Kerala to tender deepwater port project in March
MUMBAI, Dec 21 (AsiaPulse) - The Indian state of Kerala plans to invite global engineering, procurement and construction bids for the Rs 7,800 crore Vizhinjam …
Sri Lanka tea trade sees gains from Russia WTO entry
Dec 20, 2011 (LBO) - Russia's entry in to the World Trade Organization last week will enable high import duty on value-added tea to be reduced, creating better …
Sri Lanka to probe whale deaths, do acoustic monitoring
Dec 20, 2011 (LBO) - Sri Lanka is launching a probe on whale deaths which are suspected to be due to shipping, and also study the mammals by monitoring their …
Sri Lanka targets Russia with specialty teas
Dec 19, 2011 (LBO) - A specialty tea contest held in Russia recently would help Sri Lankan exporters promote Ceylon teas in the biggest market for the island's …
Lessons
Dec 19, 2011 (LBO) - Sri Lanka has to re-build an independent public service and restore rule of law to give freedom to citizens, a commission of inquiry on …
India probes stock price-rigging
NEW DELHI, Asia Pulse (LBO) - India's market watchdog is probing the role of at least 25 newly-listed firms, which includes the holding company, certain …
Sri Lanka tea meet to seek common standard
Dec 16, 2011 (LBO) - Tea producing and consuming countries will seek to agree on a common standard for pesticide residue levels in tea during a meeting of the …
Sri Lanka to examine shortcomings in crate law
Dec 15, 2011 (LBO) - Sri Lanka will go ahead with a new law requiring transport of fruits and vegetables in plastic crates but would look into any shortcomings …
India’s Tata Power signs up US$68mn for solar power
NEW DELHI, Dec 14 (AsiaPulse) - Tata Power (BSE:500400) said it has tied up funds for its 25-MW solar project in Gujarat, which is to see an investment of …
Sri Lanka’s CIC and Dubai firm in indoor plant deal
Dec 12, 2011 (LBO) - Dubai-based S S Lootah International said it had inked a partnership with Sri Lanka's CIC Agri Business to supply ornamental plants to the …
Sri Lanka top tuna loin exporter to EU
Dec 09, 2011 (LBO) - Sri Lanka has emerged as the top tuna loin exporter to the European Union and is ramping up production aiming to earn a billion dollars …
Sri Lanka fish exports face slowdown in Western markets
Dec 08, 2011 (LBO) - Fish exports from Sri Lanka, which is trying to make the industry a key foreign exchange earner, are being affected by slowing demand in …
India may award oil blocks next March
NEW DELHI, Dec 7 (AsiaPulse) - The Indian government is likely to award oil and gas blocks offered for bidding in ninth round of New Exploration Licensing …
Fairmont eyes 40 hotels in India in five years
NEW DELHI, Dec 7 (AsiaPulse) - Hospitality firm Fairmont Hotels and Resorts plans to operate about 40 hotels in India in the next five years across its three …
Sri Lanka tea demand perks up after devaluation
Dec 02, 2011 (LBO) - Demand for Sri Lanka's low grown teas, which make up the bulk of the crop, perked up at this week's Colombo auctions after increased …