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Sri Lanka says it will default on its entire $51-billion external debt

-Scroll.in It has come to a point that making debt payments is impossible, the country’s central bank governor said. Crisis-hit Sri Lanka on Tuesday said it would default on its entire external debt worth $51 billion (over Rs 3.88 lakh crore) till it receives a bailout from the International Monetary Fund, AFP reported. A country’s external debt pertains to the money borrowed by it from foreign lenders through commercial banks, governments, or international...

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As communal tensions rise in Karnataka, IT firms ‘reach out’ to investment-seeking Tamil Nadu -Revathi Krishnan

-ThePrint.in TN Finance Minister Palanivel Thiagarajan also says IT companies showing ‘great interest’ in state, but doesn't say where from. His govt to soon host several investor events abroad. New Delhi: In the midst of a series of developments that have led to communal polarisation in Karnataka, many information technology (IT) firms based out of Bengaluru have reached out to the Tamil Nadu government, seeking to shift their businesses, ThePrint has learnt. Sources...

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Electoral bonds scheme: Supreme Court says it will take up matter

-The Hindu Court wanted to earlier take up a long-pending challenge against the government’s electoral bonds scheme, but the COVID-19 pandemic played spoilsport, says CJI N.V. Ramana Chief Justice of India N.V. Ramana on Tuesday told advocate Prashant Bhushan that the court wanted to take up earlier a long-pending challenge against the government’s electoral bonds scheme, but the COVID-19 pandemic played spoilsport. Mr. Bhushan, who represents petitioner Association for Democratic Reforms, informed the...

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Indigenous Gujaratis Win River Linking Pause

-TheCitizen.in 7 dams, 3 weirs, 2 tunnels and a canal A people’s movement against a river linking project in Gujarat and Maharashtra has won a significant victory in south Gujarat, where Adivasi dominated areas have been on the boil the last few weeks over plans to execute a Par-Tapi-Narmada interlinking project that would divert the “surplus water” of these rivers in the Western Ghats to water scarce areas in Kutch and Saurashtra. Media...

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Reality is stranger than the fad for online education -- most schools lack IT-infrastructure

Online teaching was perhaps the most preferred mode (of the policymakers) for imparting education to school children in the last two years when schools faced closures thanks to the COVID-19 pandemic. It was promoted by both the Central and State Governments when mobility almost came to a standstill (or got restricted in comparison to normal times) during the last two years. However, various studies (a list of those studies is...

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