India’s services sector saw recovery on improved demand: Finance Ministry

India’s services sector has witnessed a broad-based recovery in sales revenues in both nominal and real terms during the January-March 2022 quarter 2022, the Ministry of Finance said in its latest Monthly Economic Review report. The Information technology (IT) companies maintained strong growth while non-IT service companies continued to recover […]

India denies facilitating travel of Gotabaya Rajapaksa out of Sri Lanka

The Indian High Commission in Sri Lanka has dismissed “baseless” and “speculative” media reports that said that India has facilitated President Gotabaya Rajapaksa’s exit from the country. According to reports, Gotabaya had fled the crisis-hit island country hours before he was scheduled to resign from the post. “High Commission categorically […]

India expresses concern over Ukraine situation, reiterates path for dialogue

India once again expressed deep concern over the situation in Ukraine on Monday and called for a cessation of all hostilities while backing efforts to alleviate the sufferings of the people of Ukraine especially encouraging talks between Kyiv and Moscow. Speaking at the UNSC Arria-formula meeting on Ukraine, Counsellor in India’s Permanent […]