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Latest Live news updates: Amarnath yatra rescue operations, EAM on Sri Lankan crisis, PM addresses Natural Farming Conclave, and more
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Latest Live news updates: Amarnath yatra rescue operations, EAM on Sri Lankan crisis, PM addresses Natural Farming Conclave, and more
)
After months of protests against Sri Lankan government amid an economic crisis, Parliament Speaker Mahinda Yapa Abeywardena on Saturday said that President Gotabaya Rajapaksa will announce on Wednesday. This came after protesters on Saturday set ablaze Prime Minister Ranil Wickremesinghe, and stormed into Rajapaksa's official residence in Colombo. Rajapaksa, who was facing calls for resignation since March, was moved out of his residence on Friday ahead of Saturday's protests. Wickremesinghe has also already expressed his willingness to resign.
RBI Governor Shaktikanta Das said that the price situation will gradually improve in the second half of the current fiscal, adding that the central bank would continue to take monetary measures to anchor inflation with a view to achieving strong and sustainable growth. "Overall, at this point of time, with the supply outlook appearing favourable and several high frequency indicators pointing to resilience of the recovery in the first quarter (April-June) of 2022-23, our current assessment is that inflation may ease gradually in the second half of 2022-23, precluding the chances of a hard landing in India," Das said.
First Published: Jul 10 2022 | 6:48 AM IST