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Interest on Chinese loans to Sri Lanka are at an average of over 5 percent, says Sri Lankan Finance Minister

Colombo, November 4 (NIA): China has given loans to Sri Lanka at various rates of interest, ranging from 2 percent to 8 percent, which, on an average, works out to be in excess of 5 percent, Sri Lankan Finance Minister Ravi Karunanayake said Thursday evening. He was reacting to Chinese Ambassador Yi Xianliang’s contention at a press conference here, that...

At army’s insistence, Nawaz Sharif replaces Pervaiz Rasheed by Maryam Aurangzeb as Media Minister

At army’s insistence, Nawaz Sharif replaces Pervaiz Rasheed by Maryam Aurangzeb as Media Minister

Islamabad, October 31 (NIA): Following investigations into the leak of a controversial conversation between the Inter-Services Intelligence chief and the Punjab Chief Minister Shabaz Sharif on containing terror groups, Pakistan Prime Minister Nawaz Sharif has replaced Pervaiz Rasheed by Maryam Aurangazeb as Information Minister. Aurangzeb was elected on a reserved seat for women in the 2013 general elections. Aurangzeb is...

Delhi frets over Chinese portal

Delhi frets over Chinese portal

Chennai, October 31 (The New Indian Express): The nagging question of how Sri Lanka would repay the USD 1.5 billion loan it had taken from China to build the non-performing Hambantota harbour has now been resolved with Beijing agreeing to convert 80 per cent of the debt into equity. To make the port commercially viable, Colombo has given Beijing 15,000...

Tamil National Alliance confident of modifying unacceptable new anti-terror draft law in parliament

Tamil National Alliance confident of modifying unacceptable new anti-terror draft law in parliament

Colombo, October 16 (The New Indian Express): The Tamil National Alliance (TNA), which is highly dissatisfied with the Sri Lankan government’s new draft law to replace the existing draconian Prevention of Terrorism Act (PTA), is confident about getting it modified when it comes before the relevant oversight committees of parliament. TNA MP M.A.Sumanthiran said on Sunday, that he would take...

Love thy neighbor, even as a pretense, it helps

Love thy neighbor, even as a pretense, it helps

By, Shahzad Chaudhry Islamabad, September 30 (The News): Mathew 22:39. “Thou shalt love thy neighbour as yourself”. Except that both India and Pakistan are not largely Christian and therefore not bound by the second Commandment of the Bible. Their own respective denominations though are replete with the same sentiment about the ‘rights of the neighbour’, but for the moment only...

Pakistan’s envoy in India wants diplomacy to be given a chance to bring peace between India and Pakistan

Pakistan’s envoy in India wants diplomacy to be given a chance to bring peace between India and Pakistan

New Delhi, September 26 (NIA): Pakistan’s High Commissioner in India, Abdul Basit, has said that the war cry should cease, and diplomacy should be given a chance to bring peace between India and Pakistan, which are on the verge of a military conflict following the Pakistan-based militants’ attack on an Indian army base at Uri in Kashmir on September 18....

Fawad Khan, Ali Zafar, Mahira Khan: 7 Pak stars who may have to leave India after MNS threat

All Pakistani artistes have left Mumbai, those still in will be hunted down, says Indian ultra nationalist outfit

Mumbai, September 25 (ANI): Asserting that all Pakistani artists have left Mumbai following their 48-hour ultimatum, the Maharashtra Navnirman Sena (MNS) on Sunday continued to stay firm on their stand that no artist from the neighbouring nation will be allowed to work in Mumbai, adding that if anyone is still “hiding” in the city, they will be hunted down. Speaking...

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