Fitch Ratings has downgraded Bolivia to CCC- from CCC amid continued money printing, saying not corrective economic measures ...

The committee will explore innovative financing solutions such as infrastructure bonds to attract private sector ...

There is a curious dance that increasingly happens in some countries of the subcontinent whenever a new government takes over ...

Over five months of the interim government have passed, there are still no effective initiatives to rein in power and energy ...

Sri Lanka's airports have seen 8.88 million passengers passing through in 2024 up 17.6 percent from a year ago, but was still short of the levels seen before a coronavirus pandemic and currency crisis ...

Sri Lanka has revoked a power purchase agreement with Indian conglomerate Adani Group following allegations of corruption, according to an AFP report that was published by the Economic Times ...

The Adani Group has hired US law firms to handle civil and criminal proceedings by the SEC and Eastern District of New York. Charges against Gautam Adani and associates include payment of bribes ...

Adani Group has hired two prominent US law firms ... a former member of Azure Power’s Board of Directors, with Foreign Corrupt Practices Act (FCPA) violations for his role in the alleged bribery ...

Adani Group has denied the US allegations. The previous administration’s approval of electricity prices for Adani Green’s projects “was a problem,” foreign minister Vijitha Herath had told ...

The Adani Group, led by Gautam Adani, has clarified that the reports of Sri Lanka officially revoking a power purchase agreement with the Indian conglomerate due to corruption allegations are ...

Sri Lanka has revoked a power purchase agreement with Adani Group’s renewable energy unit ... in the US last year that brought some of its foreign projects under fresh scrutiny.