Those who take revenge will have to face consequences in future as well according to Buddhism as karma, former Minister Basil Rajapaksa has said.

Sri Lanka would soon bring in a new anti-terrorism law, Prime Minster Ranil Wickremesinghe said yesterday.

The SAARC Summit set to be held in Islamabad in November has been postponed indefinitely, the government announced on Friday, after India along with four other member states of the regional grouping decided against attending the meet.

Prime Minister John Key has today announced New Zealand will establish a diplomatic post in Sri Lanka, and welcomed news that Sri Lanka will establish a post in New Zealand.

In another setback to Pakistan, Sri Lanka today pulled out of 19th SAARC Summit in Islamabad, becoming the fifth country to do so after India expressed its inability to participate in the summit.

Northern Province Chief Minister C.V. Wigneswaran said yesterday that “hatching a Constitution in secrecy with selected members from the Tamil community would not help the Tamils

Transport and Civil Aviation Minister Nimal Siripala de Silva yesterday condemned the conduct of Northern Province Chief Minister C.V. Wigneswaran.

The Indian government has got Sri Lanka’s support in its efforts to curb import of arecanut. During her visit to Sri Lanka on September 26-27, Union Minister of State for Commerce Nirmala Sitharaman got an assurance from Sri Lanka in this regard.

Central Bank Governor Dr. Indrajit Coomaraswamy said the government intends to keep the economic growth at five percent and inflation at single digits to maintain economic stability.

The attention of Minister of Education Akila Viraj Kariyawasam has been focused on allowing pregnant teachers to wear a convenient dress to school.

Perpetual Treasuries Limited, the controversial primary dealer connected to the family of the former Central Bank Governor, Arjuna Mahendran, has made an after-tax profit of Rs.5.1 billion for the year ended in March 31, 2016

India will invest up to $2 billion in Sri Lanka over the next four years in a range of sectors including real estate, energy and infrastructure, its Commerce and Industry Minister Nirmala Sitharaman said on Tuesday.

A heated argument between Deputy Minister Ranjan Ramanayake and a journalist from the electronic media ended up with the former hitting a video camera at a media briefing this evening.

Proposed Public-Private Partnership (PPP) mechanism will attract more foreign investors especially to the infrastructure development sector thereby easing the government’s current budget constraints, said Minister of Finance Ravi Karunanayake.

Recording the most expensive car imported to Sri Lanka, a leading businessman has imported a Rolls Royce super luxury car, worth over Rs. 158 million, customs sources said.

The Sri Lankan government’s decision to increase tax on diesel is likely to hit 2016/17 second-half earnings at fuel retailer Lanka IOC, its managing director said on Monday.