Page 45 - Agencies

Dinesh Gunawardena takes oath as new Prime Minister of Sri Lanka

Sri Lanka's economic crisis, the worst since it gained independence in 1948, has spiraled into a political crisis as well

Sugar output may fall; still there'll be 8 mt surplus for exports: ISMA

ISMA estimates that the diversion of cane juice and B-molasses to ethanol shall cut sugar production by about 4.5 mt during the next marketing year.

Dinesh Gunawardena likely to be Sri Lanka's next Prime Minister

Mr. Wickremesinghe will continue with the last-appointed Cabinet until Opposition parties are "ready to cooperate" in an all-party government, the source said

Shoot-on-sight orders in Sri Lanka as Ranil elected President by Parliament

Nation in a very difficult situation and there are big challenges ahead, says Wickremesinghe as protesters gather outside Presidential Secretariat

Wipro Q1 results: Net profit falls 21% to Rs 2,564 cr as expenses rise

Revenue from operations rose nearly 18% to Rs 21,529 crore

Hindustan Unilever Q1 results: Net profit rises 11% to Rs 2,289 cr

'During the quarter, our turnover grew 19% with underlying volume growth of 6%. We continued to grow significantly ahead of the market, gaining value and volume market shares,' says the FMCG major

European Central Bank set to hike rates for the first time in 11 years

That outlook is getting murkier by the day because inflation is still accelerating and growth slowing sharply

China raises loan-support efforts for developers amid mortgage boycott

Asks banks to meet financing needs; officials consider temporary waivers

Turbulent times: Tech snags force 3 flights to make emergency landings

A Dubai-bound flight was diverted to Muscat after a burning smell was sensed in cabin mid-air

Elon Musk's inner circle rocked by fight over $230-billion fortune

Musk was increasingly relying on a new advisor, a 34-year-old, Russian-born ex-professional gambler named Igor Kurganov

Facebook testing options for several profiles from single account

While Facebook prohibits users from having over one account, the feature would let them create up to five profiles under their account to engage with different topics or groups of people

From Gap to Dollar General, retail chiefs quit as challenges grow

With the onset of the Covid-19 pandemic, retailers are dealing with fresh complications from supply-chain bottlenecks and historic levels of inflation

Crypto lender Celsius Network files for bankruptcy after cash crunch

Celsius, which has more than 100,000 creditors, said it took the step to stabilise its business and work out a restructuring for all stake­holders

China's budget deficit widens 600% as Covid-19 pandemic cuts revenue

The deficit in the budgets for all levels of government was 5.1 trillion yuan ($758 billion), according to Bloomberg calculations based on data from the Ministry of Finance released Thursday

US SEC sends letter to Musk over tweets on $44 billion Twitter deal

Twitter experiences longest global outage in years

'Right to Repair': Soon, consumers & third-party vendors may fix products

Committee identifies farming equipment, cell phones, consumer durables among sectors for policy

Sri Lanka declares state of emergency after President Rajapaksa flees

From the Maldives, 73-year-old Rajapaksa appointed Prime Minister Ranil Wickremesinghe as the acting President

Delhi HC allows Vivo to operate accounts frozen by ED in tax evasion probe

Vivo can operate its bank accounts to the extent that a balance of Rs 250 crore is maintained in its accounts at all times, the court said

CUET now second biggest entrance exam after NEET-UG, surpasses JEE Main

The Common University Entrance Test-Undergraduate (CUET-UG) 2022 received 1.49 million registrations in its first year

Rishi Sunak hits threshold for PM race; gets support from 20 MPs

Pledges tax cuts once inflation is under control