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Sri Lanka PM Mahinda Rajapaksa resigns

Saturday, December 15, 2018, 9:07 PM

Sri Lanka's disputed Prime Minister Mahinda Rajapaksa has stepped down from his post, signalling an end to a weeks-long political crisis that has kept the Indian Ocean nation without a functional government. Rajapaksa signed a letter of resignation in front of supporters and journalists at his private residence in the country's capital, Colombo, on Saturday. There was no immediate comment from Sirisena.
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Recession signs hard to miss if stock message is taken seriously

Saturday, December 15, 2018, 9:06 PM

Prices bounce around, emotion obscures logic, signals appear and vanish. The reasons for treating equities as a poor barometer for the economy are many. Right now, that might be for the best. Pools of gloom await anyone looking for a message in stocks. There's the $3 trillion in value erased, the bloodbath in banks and the trouncing in transports.
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Petrol prices hiked, diesel prices slashed. Check today's rates

Saturday, December 15, 2018, 9:05 PM

Petrol prices were raised by 5 paise across the country on Saturday. Diesel prices, on the other hand, were slashed by 7 paise in Delhi and Kolkata, and by 8 paise in Mumbai and Chennai. Petrol now costs Rs 70.34 per litre in Delhi, Rs 75.96 in Mumbai, Rs 72.99 in Chennai and Rs 72.43 in Kolkata.

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