Sunday, May 22, 2022

Sri Lanka's controversial 21st Amendment to Constitution likely to come up for Cabinet approval on Monday: Justice Minister

The 21st Amendment is expected to annul the 20A which gave unfettered powers to President Gotabaya Rajapaksa after abolishing the 19th Amendment which had made Parliament powerful over the president. The amendment would make it impossible for those with dual citizenship to hold a seat in Parliament, the News First news portal quoted Minister of Justice Dr Wijayadasa Rajapaksa as saying.

from Economic Times https://ift.tt/w06yn9C

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FII exodus deepens in 2026 at Rs 1.75 lakh crore as April outflows swell to Rs 43,967 crore; FOMC next trigger

Foreign institutional investors offloaded Indian equities worth Rs 17,140 crore last week, extending April's outflows to Rs 43,967 crore...