Food

Business

Roving Periscope: Broke, Sri Lanka crushes protesting students, spurs professionals’ brain drain

August 24, 2022 virendra pandit

Virendra Pandit New Delhi: Unable to face economic and political crisis any longer, those who can are moving out of Sri Lanka as the South Asian country, where a mass uprising since March forced the dominant Rajapaksa family out of power and country. According to the media reports, thousands of Sri Lankans are fleeing […]

Business

Energy: Crisis may worsen in cash-strapped South Asian countries

July 28, 2022 virendra pandit

Virendra Pandit New Delhi: With suppliers hesitant to provide oil and gas without pre-payment, some of the South Asian countries—Sri Lanka, Pakistan, and Bangladesh—may witness a worsening energy crisis in the coming months, whose ripple effect may adversely further imperil their fledgling economies. Already, an unprecedented energy crisis has gripped some of South Asia’s […]

Business

Roving Periscope: Amid war, Russia, and Ukraine sign deal to ease world food crisis

July 23, 2022 virendra pandit

Virendra Pandit New Delhi: Amid their 149-day-old ongoing war, Russia and Ukraine on Friday signed a deal aimed at relieving a global food crisis caused by the blocked Black Sea grain deliveries, the media reported on Saturday. The two countries, known as Europe’s Break Baskets, account for a quarter of global grain production, and […]

Business

Roving Periscope: Troops crackdown on protesters; Gunawardena’s new Lanka PM

July 22, 2022 virendra pandit

Virendra Pandit New Delhi: As a veteran politician, Dinesh Gunawardena took oath as the new Prime Minister in crisis-ridden Sri Lanka on Friday; heavily armed troops took positions on key buildings across the capital Colombo and cracked down on protesters camping in the city since March against the island country’s bankrupt economy. Six-time Prime […]

Business

Roving Periscope: Amid protests, Wickremesinghe takes oath as SL President

July 21, 2022 virendra pandit

Virendra Pandit New Delhi: Six-time former Prime Minister Ranil Wickremesinghe was on Thursday sworn-in as Sri Lanka’s 8th Executive President, until November 2024, amid protests against his unprecedented “election” not by the people but by Parliament. The protesters opposed his presidency as a proxy of his predecessor, the ousted and fugitive Gotabaya Rajapaksa, whose […]

Business

Roving Periscope: Presidential poll on Wednesday; Sri Lanka on edge, India worried

July 19, 2022 virendra pandit

Virendra Pandit New Delhi: A day before Sri Lanka’s mid-term presidential election scheduled for Wednesday amid political stalemate, main opposition leader Sajith Premadasa withdrew from the race on Tuesday in favor of a ruling party dissident, Dullas Alahapperuma, as India braced for uncertainty in its neighborhood. A worried New Delhi has called for an […]

Business

Roving Periscope: India assures Sri Lanka to continue supporting democracy, stability

July 16, 2022 virendra pandit

Virendra Pandit New Delhi: India’s High Commissioner to Sri Lanka, Gopal Baglay, on Saturday assured Parliament Speaker Mahinda Yapa Abeywardena that New Delhi will continue to support Colombo in democracy, stability, and economic recovery in the country, which is at a crucial juncture, amid the unprecedented political crisis and economic turmoil. Baglay called on […]

Business

Roving Periscope: Gotabaya resigns; Ranil sworn in as Acting President

July 15, 2022 virendra pandit

Virendra Pandit New Delhi: Prime Minister Ranil Wickremesinghe was on Friday sworn in as Acting President of crisis-ridden Sri Lanka after the fugitive incumbent, Gotabaya Rajapaksa, submitted his resignation from Singapore to Parliament Speaker Mahinda Yapa Abeywardena, the media reported. The Speaker told party leaders that Parliament will meet on July 20 to elect […]

Business

Integrated food parks: The UAE to invest $2 billion in India

July 14, 2022 virendra pandit

Virendra Pandit New Delhi: The United Arab Emirates (UAE) on Thursday announced the investment of USD 2 billion (Rs. 16,000 crores) to develop a series of integrated food parks across India as part of efforts by the four-nation grouping I2U2 (India-Israel-UAE-USA) to help tackle food insecurity in South Asia and the Middle East. […]

English

Restrictions Imposed on Export of Wheat Flour

July 7, 2022 Editor In Chief

NEW DELHI, July 7: The centre on Thursday imposed restrictions on outbound shipments of wheat flour or atta, maida and semolina, a move aimed at containing price rise. Exporters of these commodities would now need approval of the inter-ministerial committee on export of wheat for the shipments from July 12. The move banning export of […]