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Sri Lanka must avoid China's debt restructuring as Beijing is to seek preferential treatment - Vimarsana News

Sri Lanka must avoid China's debt restructuring as Beijing is to seek preferential treatment

China will seek preferential treatment on debt restructuring in Sri Lanka which will mostly cater to Beijing own self-interests and amid this Colombo must avo

Petrol price hike: Adding fuel to fire in Tamil Nadu - Vimarsana News

Petrol price hike: Adding fuel to fire in Tamil Nadu

Express News Service CHENNAI: Petrol prices have crossed Rs 100 a litre in Tamil Nadu, and if economists are to be believed, the prices will continue to hover around this rate until international crude oil prices fall. Crude oil prices in the global market increased from around $52 a barrel early this year to around $75 now. This is nearly double the pre-pandemic rate of $39 a barrel. That said, even when prices were low globally, fuel prices were high in India. The reason cited was a shortfall in government revenue. What this means for you The increase in fuel prices is likely to trigger a d...