Business & Economics

Change in Weather from Today. Afternoon Thundershowers Expected Across Many Provinces

The Department of Meteorology has announced that atmospheric conditions have become favorable for afternoon thundershowers over most parts of the island starting today (April 20). Key Forecast Highlights: Safety Precautions: The Department urges the general public to take necessary precautions to minimize damages caused by temporary localized strong winds and lightning during thundershowers. In other...

Indian Vice President Holds Official Talks with President Anura Kumara Dissanayake: Focus on Bilateral Ties and Relief Projects

The visiting Indian Vice President, C.P. Radhakrishnan, met with Sri Lankan President Anura Kumara Dissanayake for high-level official discussions at the Presidential Secretariat in Colombo. Strengthening Strategic Partnership: The two leaders engaged in productive talks aimed at deepening the multifaceted Indo-Sri Lanka relationship. These discussions were rooted in the shared history, strong civilizational links, and...

YouTube Deletes 16 Top AI-Generated Channels for Policy Violations

YouTube has taken decisive action against “AI slop” by permanently removing 16 high-profile channels that relied heavily on artificial intelligence to generate low-quality, repetitive, or misleading content. This move signals a crackdown on automated accounts that prioritize quantity and ad revenue over creative value. Key Statistics of the Takedown Reasons for the Termination YouTube cited...

Europe Facing 6-Week “Fly Zone” Crisis: Jet Fuel Reserves Dwindling Amid Middle East Instability

The International Energy Agency (IEA) has issued a dire warning that Europe could face a massive jet fuel shortage within the next six weeks if the instability in the Middle East continues. The disruption of supply routes, particularly through the Strait of Hormuz, is the primary driver behind this looming aviation crisis. Heavy Reliance on...

NDB Fraud Spreads to Multiple Banks

NDB Fraud Spreads to Multiple Banks: CBSL’s Negligence Puts Financial System at Risk, Warns Ravi Karunanayake Former Finance Minister Ravi Karunanayake has raised an alarm over the multi-billion rupee financial fraud at National Development Bank (NDB), revealing that it has now escalated into a systemic crisis affecting several other commercial banks and financial institutions. He...

Fuel QR System and Odd-Even Rule Reintroduced for Petrol Vehicles Starting Midnight

The Ceylon Petroleum Corporation (CPC) has announced that the National Fuel Pass (QR) system for petrol vehicles will be officially reinstated starting midnight tonight (April 18). Key Details of the Resumption The temporary suspension of the QR system, which was implemented on April 11 to facilitate travel during the Sinhala and Tamil New Year festive...

Sri Lanka Among Worst Impacted Asia-Pacific Nations Due to West Asia Conflict – UN Report

A recent report by the United Nations Development Programme (UNDP) has identified Sri Lanka as one of the most vulnerable countries in the Asia-Pacific region following the escalation of the conflict in West Asia (Middle East). Key Findings of the Report: The report emphasizes that along with Sri Lanka, nations like the Maldives, Pakistan, and...
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