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World Bank's New Warning On Sri Lanka Amid Severe Food Price Inflation

-Asian News International/ NDTV.com Sri Lanka Economic Crisis: This comes as food price inflation remains at a multiyear high in South Asian countries including Pakistan. Colombo: Sri Lanka is ranked fifth among the 10 countries with the highest food price inflation in the world, according to the latest World Bank assessment. In its Food Security update, the World Bank said trade policy actions on food and fertilizers have surged since the beginning of...

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Couch scribes -Sevanti Ninan

-The Telegraph Twitter is making journalism lazy Some sixteen years after the micro-blogging site was created,Twitter occupies more mind space on an hourly basis than its social media rivals. It is currently most used for news breaks in times of conflict,revolution or negotiation and for direct communication by politicians and governments. The rest of the time it offers opinion-mongering by journalists and the public at large and becomes a platform for journalists and...

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Review: RBI paper highlights the risk in the Finances of 10 States -Sai Krishna Muthyanolla

-Factly.in The RBI recently published an article State finances and the Risk Analysis. The article aims to look at the fiscal vulnerability of Indian States & emphasises on ten heavily debt-burdened states in India based on the debt-GSDP ratio in 2020-21. These ten states also account for around half of the total expenditure by all state governments in India. Here is a review. Effective and efficient public finance management is said to...

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Sri Lanka crisis: Why more countries are facing similar economic turmoil -Darpan Singh

-IndiaToday.in The economic crisis is not limited to Sri Lanka. From Europe to Asia to Africa, many emerging economies are slipping into chaos. Here is the why and what next. Sri Lanka's President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe have said they will resign for an all-party interim government to take over. Thousands of demonstrators entered the palaces of both men in Colombo over the weekend as the bankrupt island nation...

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High in pesticides, many countries send back Indian tea

-PTI/ Hindustan Times All teas sold in the country must conform to the Food Safety and Standards Authority of India (FSSAI) norms. However, most of the buyers are purchasing tea that have unusually high chemical content, Kanoria told PTI. Both international and domestic buyers have rejected a series of tea consignments due to the presence of pesticides and chemicals beyond permissible limits, Indian Tea Exporters Association (ITEA) chairman Anshuman Kanoria said on...

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