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Home » ColumnsAdani boss, India’s richest man, has US$ 48bn wiped off his US$ 208bn
Adani boss, India’s richest man, has US$ 48bn wiped off his US$ 208bn India’s richest man just had US$ 48bn wiped off his US$ 208bn Adani Group that an American short seller this week alleged had been engaged in “a brazen stock manipulation and accounting fraud scheme over the course of decades.” Gautam Adani saw [...]
A poor track record, an empty track record
My dear Pavithra and Jeevan, I thought I should write to you to congratulate you on your appointment as ministers by Uncle Ranil. You seem to be the ‘chosen two’ at a time when Basil is trying to get more of his minions to the Cabinet, and Uncle Ranil is stubbornly refusing to do so. [...]
Widespread protests against rising costs of living and increases in taxation
Protests against rising costs of living, increased taxation and political discontent are widespread. Will the Government achieve a lower fiscal deficit by increased revenue collection? Protests Last week was marked by a series of protests against the rising costs of living and income taxes introduced by the Government. There is considerable discontent in the country [...]
The Lotus Tower: A vanity project the country can ill afford
With the country going through one of the worst economic crises in its history, economic experts as well as other concerned citizens continue to examine the possible reasons for the predicament that the nation faces today. In the words of Finance State Minister Ranjith Siyambalapitiya, the year 2022 was the worst year in the country’s [...]
A beggar inside the house but carousing for the world to see?
What has a nation, which cannot guarantee uninterrupted power supply to students sitting the Advanced Level examination, where large swathes of the populace go hungry, where the sick do not have access to essential medicine with many hospitals announcing that they have run out of supplies, have to ‘celebrate’ on its ‘75th Independence Day’? Making [...]
Democracy on chopping block
People face marathon obstacle course to exercise the right to vote If there is one thing left in this ghost-isle, worthy of a 200 million buck bash to celebrate 75 years of independence, it, undoubtedly, is democracy, however battered and scarred it may be. From the sad catalogue of corruption, mismanagement, wastage, nepotism, failures, false [...]
Rushing our democracy to intensive care
And they still call it “Resplendent Isle”. Whatever hardships its people undergo, however much they need to struggle for a handout-to-mouth existence, at least they have not lost their sense of humour. Nor, it would seem, the country’s leaders and their acolytes, some of whom were somebody else’s obedient ones until they woke up one [...]
Full implementation of 13A: President to take firm stand
Policy statement to be made on February 8, more military-occupied land to be given back to the people Uncertainty still about local council polls to discern the views of the people NPP leader meets business leaders and spells out vision for the country By Our Political Editor President Ranil Wickremesinghe reiterated on Thursday that [...]
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