Sri Lanka became the first Asian country in 20 years to default on foreign debt, it is in the midst of a serious and unprecedented economic crisis, with runaway inflation, unsustainable debt and a hamstrung tourism sector, Sri Lanka’s economy is facing its worst crisis in over 70 years
27 Aug 2022Demand comes in wake of Speaker adjourning state’s budget session till 26 March over pandemic threatSpeaker says that a floor test would be conducted only after the rebel MLAs come before him to resign
2 min read17 Mar 2020Preparations for a grand swearing in of the Janata Dal govt with Chaudhary Ajit Singh as chief minister were on but Mulayam Singh Yadav threw a spanner by rejecting the post of deputy CM and staked claim to the chief minister's post
2 min read24 Nov 2019Congress has also called its leaders from Maharashtra to Delhi for a meeting with the top leadership.Shiv Sena leaders accused Maharashtra Governor Bhagat Singh Koshyari of not giving them enough time
2 min read11 Nov 2019The governor’s insistence on completing the floor test today has added to the political drama in Karnataka, which is inching towards a constitutional crisisAt least 20 legislators of the coalition have not attended the ongoing session discussing the confidence motion moved by the chief minister
2 min read19 Jul 2019The allegations come at a time when at least 16 coalition legislators have been lodged in a Mumbai hotel purportedly on behest of the BJPThe Congress, the JD(S) and the BJP have lodged their legislators in plush resorts around Bengaluru to shield them from poaching attempts by rivals
1 min read19 Jul 2019The legislators filed individual affidavits to state that they had resigned voluntarily, in person, and should be considered as "genuine"Anand Singh, R.Roshan Baig, N.Nagaraj (M.T.B.), K. Sudhakar and Muniratha have already rendered their resignations to the assembly speaker
2 min read13 Jul 2019The Supreme Court said the case involved issues of substantial importance involving Articles 190 and 361 of the ConstitutionThe case will be next heard on Tuesday
1 min read12 Jul 2019Karnataka in the midst of a full-blown political crisis. Let’s hope all players abide by the rules of democracy so that stability is restored and governance resumes
1 min read9 Jul 2019Speculation is rife that at least three Cong MLAs may join BJP to destabilize the coalition government
2 min read16 Jan 2019The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared