Bloomberg – India’s central bank delivered its third straight interest-rate increase since May in an effort to return inflation to target and fend off further attacks on the currency. Bond yields and the rupee rose. The repurchase rate was raised by 50 basis points to 5.40% Friday, a level last seen before the Covid-19 pandemic, […]
By Ifham Nizam The Ceylon Electricity Board ((CEB) should be restructured without any political interference as international lenders like the International Monetary Fund (IMF) and particularly the Asian Development Bank (ADB) would not entertain ad hoc committee decisions when it came to restructuring, a senior electrical engineer who is also an executive member of the […]