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Most finance companies to be closed, some banks to merge

January 18, 2014 at 9:08 pm



Sri Lanka is trimming the number of finance companies to 20 from 58 at the end of last year while smaller banks are to merge with bigger counterparts or be acquired under new rules which are however raising many questions. “There will be a reduced number of banks as a result of mergers and absorptions,” said Central Bank Governor Ajith Nivard Cabraal during a comprehensive presentation on the ‘Master Plan to consolidation of the Financial Sector’ to bankers and heads of finance companies on Friday.

Religious beliefs save Mattala peacocks, but threat persists

January 18, 2014 at 8:19 pm
By Leon Berenger


Hundreds if not thousands of peacocks pose a serious threat to airline traffic at the Mattala Rajapaksa International Airport (MRIA) but authorities are unable to eliminate this bird population owing to local religious beliefs, a senior Aviation official said yesterday. Since peacocks were revered by both Buddhists and Hindus, the task of eradicating the menace had become even more difficult, Civil Aviation Director General H. M. C. Nimalsiri said.

Thumbs-up for round-the-clock trade via Wagah border

January 18, 2014 at 8:08 pm

(At right) Khurram Dastgir Khan, Minister of Commerce and Textiles, Pakistan, calling on Minister for Commerce & Industry Anand Sharma prior to their meeting in the Capital on Saturday. -- Kamal Narang
(At right) Khurram Dastgir Khan, Minister of Commerce and Textiles, Pakistan, calling on Minister for Commerce & Industry Anand Sharma prior to their meeting in the Capital on Saturday. — Kamal Narang
New Delhi, Jan 18:In a bid to smoothen trade, India and Pakistan have decided to open the Wagah-Attari border for round-the-clock movement of goods. Both nations have agreed to permit containers to be moved right up to Amritsar and Lahore instead of being unloaded at the check-post and subsequently re-loaded across their respective borders.

The Indian Foreign Disservice-Uday Balakrishnan

January 18, 2014 at 8:01 pm

Devyani Khobragade…in the wrong

PTI Devyani Khobragade…in the wrong

Our diplomats are a self-serving lot with scant regard for the law, as the Devyani Khobragade episode reveals.

 India’s Foreign Service has, over the years, done very well for itself.

Anandhi Sasitharan the Vibrant Wife of Senior Tiger Leader Ezhilan

January 18, 2014 at 7:51 pm

17 January 2014, 2:04 pm

By D.B.S.Jeyaraj


Controversial Northern Provincial Councillor Anandhi Sasitharan is once again in the news. Sections of the media reported that the Defence ministry was pondering on  the possibility of making   the 42 year old  wife of former senior tiger leader Ezhilan  undergo a period of rehabilitation in order to “prevent her from propagating separatist sentiments”. Anandhi responded to the news reports by convening a press conference in Jaffna and stating that she could not be forced into rehabilitation as she had never been a member of the Liberation Tigers of Tamil Eelam (LTTE)organization.

No Anchor For A Sinking Catamaran-Posted by: COLOMBO_TELEGRAPH

January 18, 2014 at 4:04 pm

By Kumar David –

Prof Kumar David

Prof Kumar David

Impecunious fishermen drown in deep waters: No anchor for a sinking catamaran

It will be no mean feat to reach a resolution of the fishing dispute in the waters between India and Lanka. First there is the wrangle between impoverished fishermen struggling to haul in a catch and provide an income for their families; second, fat-cat businessmen (mudalilis) on both sides own trawlers that roam the seas in search of return-on-investment.  The depleted oceans can feign yield sufficient to satisfy the latter, though if it was a dispute between fishermen alone, resolution is reachable. As it stands the quarrel is set to drag on interminably. Much has been written in recent weeks so I will not to repeat well known facts.

Stalking Sri Lanka

January 18, 2014 at 3:57 pm
Posted by Sri Lanka Guardian


UK parliament report reveals Geneva efforts on war crimes
| byDr Dayan Jayatilleka
( January 18, 2014, Colombo, Sri Lanka Guardian) While a credible domestic inquiry into specific allegations of war crimes and crimes against humanity as recommended by the LLRC and/or a structured dialogue mechanism with the TNA and the Northern Provincial Council for the full implementation of the 13th amendment would enable Sri Lanka to defeat, delay or dilute a resolution in Geneva in March this year, the absence of transparent and credible progress on these two tracks, and the Rajapaksa administration’s overall political behaviour in the post-war half decade, are not the reasons why Sri Lanka is being targeted. This is manifestly evident because the EU had a draft Resolution against Sri Lanka in Geneva in 2006—which was successfully challenged by Sri Lankan Mission in the latter half of 2007 resulting in its removal from the agenda. Much more significantly, the West concertedly targeted this country in the diplomatic arena in Feb-May 2009, before the end of the war. Indeed an effort was made to bring a resolution against Sri Lanka during the 10th UN HRC session of March 2009 which was successfully resisted by the Sri Lankan team.

Boarding ticket to art-Devina Joshi | New Delhi BS

January 18, 2014 at 3:34 pm

Mumbai International Airport,T2 terminal

So there’s the Louvre in Paris, and then there is something called Jaya He. Although Mumbai’s world-class art programme housed in T2, the spanking new terminal at the city’s international airport, has been a topic of hot discussion, it takes an actual visit to fully understand the scale and magnitude of the project.

A museum’s job description would perhaps involve transporting visitors to another time and place in history. But an airport isn’t supposed to do that. So what is ‘Jaya He’ – with its three kilometre-long art wall displaying over 7,000 artefacts dating back to the 10th century and works of 1,500 artists – doing in an airport?

Abhishek Bachchan: work in progress, forever-Ranjita Ganesan | Mumbai BS

January 18, 2014 at 3:30 pm


             It is hot, isn’t it?” asks the man, whose ability to turn on the cool in any room is common Bollywood trivia. He switches on the air-conditioner as if compensating for the fact that he is not in the uniform that gave him that epithet. The evening stubble is missing. So is his blazer and the Aviator glasses. In an airy, dark tracksuit and white trainers, Abhishek Bachchan looks as though he is back from a jog, though he has just finished a long meeting with a producer.

Delhi Jal Board suspends 14 engineers following Delhi CM kejriwal’s instructions-PTI New Delhi

January 18, 2014 at 3:16 pm

Delhi Jal Board today suspended 14 engineers against whom CBI had registered cases of alleged cheating and forgery in supply of sewerage equipment.

Top sources said the suspensions were made following instructions by Delhi Chief Minister Arvind Kejriwal, who is also the chairperson of DJB.

Earlier this week, CBI has registered five cases of alleged cheating and forgery in the supply of sewerage equipment to DJB in which the eight executive engineers and six junior engineers were named along with a private company.

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