More than 110 dead after cyclone hits Bangladesh, India
DHAKA, May 26, 2009 (AFP) - Bangladesh and India launched major relief operations Tuesday after a cyclone tore into the northern coast of the Bay of Bengal, …
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Extravagant IPL changes world landscape
JOHANNESBURG, May 25, 2009 (AFP) - Commissioner Lalit Modi claimed after Sunday's final that the Indian Premier League had become a global phenomenon. online …
Sri Lanka tea output recovers in April
May 25, 2009 (LBO)- Sri Lanka's total tea production in April 2009 shows an increase compared with the same month a year ago, indicating the crop is recovering …
Bare Facts
May 23, 2009 (LBO) - The primary objective of a central bank is to stabilise the value of its currency and continue to maintain that stability to facilitate …
Australian navy intercepts refugee boat: minister
MELBOURNE, May 24, 2009 (AFP) - The Australian navy intercepted a refugee boat with 77 people aboard Sunday off the country's northwest coast, Home Affairs …
Foreign institutions invest over US$3bn in Indian bourses in 2009
NEW DELHI, (Asia Pulse) - Foreign Institutional Investors' (FIIs) inflow into the Indian stock markets has crossed the US$3 billion mark (over Rs 15,725 crore) …
Sri Lanka tea prices hit by stronger rupee, lower quality
May 22, 2009 (LBO) - Sri Lankan tea prices fell at this week's auction with a sudden strengthening of the rupee adding to downward price pressure caused by …
India seeks death certificate of Tamil Tiger leader: official
NEW DELHI, May 21, 2009 (AFP) - India on Thursday asked Sri Lanka to provide the death certificate for Tamil Tiger leader Velupillai Prabhakaran, a foreign …
Maldives joins International Labour Organization
May 21, 2009 (LBO) - The Indian Ocean tourist paradise of Maldives has joined the International Labour Organization (ILO), the UN agency which deals with …
Indian industry looks to new government to boost growth
MUMBAI, May 20, 2009 (AFP) - The newly elected Congress-led government needs to move swiftly and decisively to restore blistering economic growth in India, …
No More
May 20, 2009 (LBO) – A man who ran an illegal Ponzi-style 'investment' scheme in Southern Sri Lanka, offering high interest rates until its collapse last …
UN chief announces Sri Lanka trip
GENEVA, May 19, 2009 (AFP) - UN Secretary General Ban Ki-moon said he will visit Sri Lanka on Friday and called for immediate progress on reconciliation …
India’s independents take stock after election drubbing
MUMBAI, May 19, 2009 (AFP) - A new wave of reform-minded candidates are taking stock after the Indian general election, following high-profile campaigns that …
Sri Lanka Carson unit says palm oil market stabilised
May 18, 2009 (LBO) - Palm oil prices have stabilised after last year's collapse and demand should grow in future, according to Good Hope, a subsidiary of Sri …
India’s triumphant Congress prepares for government
NEW DELHI, May 17, 2009 (AFP) - India's Congress Party began the task of forming a government Sunday after steering its ruling alliance to a second term in …
India’s Bharti Airtel sees 100-million mobile subscribers
NEW DELHI, May 15, 2009 (AFP) - India's top mobile phone company Bharti Airtel announced Friday it had crossed the 100-million subscriber mark and expected to …
Congress set to return to power in India
NEW DELHI, May 16, 2009 (AFP) - India's ruling Congress-led alliance was set to return to power after taking a clear and commanding lead Saturday in vote …
Sri Lanka tea prices fall as crop increases
May 15, 2009 (LBO) - Sri Lankan tea prices fell at the Colombo auctions this week but brokers said there was better demand for the increased volumes on offer. …
Sri Lanka Kelani Valley Plantations in the red
May 14, 2009 (LBO) - Sri Lanka's Kelani Valley Plantations, part of the Hayleys group, said it made a 46 million rupee loss in the March quarter compared with …
Polls put Congress ahead as India’s vote marathon ends
NEW DELHI, May 13, 2009 (AFP) - Voting in India's marathon elections ended Wednesday, with exit polls giving the ruling Congress party and its allies a slight …