President Maithripala Sirisena reshuffled the cabinet in Sri Lanka for the second time since forming a unity government in 2015 after its two main coalition partners were defeated in local government elections. Sirisena announced changes to six cabinet ministers, three state ministers and one deputy
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Rattled by a spate of frauds in the banking sector, lenders are now planning to increase insurance cover against delinquencies by their employees to protect their bottomlines. “Frauds of such magnitude and scale — PNB fraud of Rs 11,400 crore and OBC of fraud Rs 390 crore — has forced us to consider
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The government may, in the near future, scrap the present system of allocating coal mines for captive use and instead only auction mines for commercial use to private as well as foreign companies with a view to boost domestic product and cut imports, a top official said. The move, which would not just
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Hewlett Packard Enterprise logo Victory Capital Management Inc. boosted its position in Hewlett Packard Enterprise Co (NYSE:HPE) by 8.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC …
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China's Communist Party proposed removing from the constitution language limiting the president to two terms, the clearest sign yet that Xi Jinping intends to extend his tenure as state leader. Xi Jinping. Photographer: Qilai Shen/Bloomberg. The party's decision-making Central Committee wants to strike
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