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The article discusses proposed amendments to the Inland Revenue Act in Sri Lanka, focusing on a provision that may limit the Inland Revenue Department's ability to scrutinize tax returns for those increasing payments by 20 percent.
Central Bank Deputy Governor Dr. Chandranath Amarasekara warns that Sri Lanka's current economic stability should not be mistaken for strength, as global and domestic vulnerabilities persist.
Friday May 08, 2026 Friday, 8 May 2026 03:05 - - 4 Independence in form is defined by regulation, but independence in substance is shaped by courage, competence, and character.
The Asian Development Bank (ADB) has warned that Sri Lanka's economic recovery remains vulnerable to external shocks, including geopolitical conflicts in the Middle East and climate events.
The New York Yankees have called up prospect Spencer Jones to the MLB roster following an injury to Jasson Domínguez. Jones has shown strong power and RBI numbers in Triple-A but has historically struggled with strikeouts.
The U.S. and Iran have engaged in a military exchange in the Strait of Hormuz, with both nations accusing the other of initiating the conflict. U.S.
Secretary of State Marco Rubio visited Vatican City to meet with Pope Leo XIV during a period of tension between the Pope and President Donald Trump.
The article discusses the electoral victory of Joseph Vijay's Tamilaga Vettri Kazhagam (TVK) party in Tamil Nadu and its emergence as the single largest party.
Dr. Ganeshan Wignaraja discussed Sri Lanka's economic vulnerabilities during an RCSS Strategic Dialogue, suggesting the country may need another IMF program due to debt repayments and shocks from Cyclone ‘Ditwah’ and the Middle East war.
A New York City preschool, Manhattan Schoolhouse, is under investigation by the Health Department following allegations of child sexual abuse and a failure to report the claim within the legally required timeframe.
The article discusses how geopolitical tensions and conflict involving Iran are influencing the clean energy transition, citing positive quarterly earnings from companies like Vestas, Orsted, and Equinor.
The Colombo Stock Exchange experienced a recovery with both the ASPI and S&P SL20 indices closing in positive territory. The report attributes this growth to corporate earnings expectations, easing geopolitical tensions, and high trading…
Former MLB player DJ LeMahieu has been hired as the manager of the Royal Oak Leprechauns, a summer collegiate baseball team in Michigan.
The article provides a summary of after-hours stock price movements for various companies following their quarterly earnings reports and guidance updates.
The report provides a summary of secondary market activity for government securities, noting a decline in yields amid easing global oil prices.
The author argues that the loss of $2.5 million in payments to Australia was the result of a sophisticated cyber-heist and institutional transition gaps rather than internal theft.
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The article profiles Torsha Bhattacharya, the director of stewardship for the Fairfax County Park Authority. It describes her professional responsibilities in conserving natural resources and her personal motivation to ensure equitable…
The article provides updates on the New York Mets' roster, focusing on A.J. Minter's rehab setback due to hip discomfort. It also discusses the team's current lineup flexibility regarding catchers and the recovery status of players Kodai…
IREN shares rose 13% following the announcement of a partnership with Nvidia to deploy AI infrastructure. As part of the agreement, Nvidia has the right to invest $2.1 billion and purchase up to 30 million shares of IREN stock.