The second reading of the Appropriation Bill for the year 2026, commonly referred to as the Budget Speech, is scheduled to take place tomorrow (07). President Anura Kumara Dissanayake, in his capacity as Minister of Finance, is expected to deliver the second reading of the bill in Parliament tomorrow afternoon. Following this, the budget debate will be held over six days, starting from November 8, with the vote on the second reading scheduled for Friday, November 14, at 6:00 pm. The Committee Stage Debate is set to begin on November 15 and continue for 17 days, with the vote on…
The Sri Lankan Report
A Colombo-based think tank, Verité Research, says Sri Lanka could lose the Governance-Linked Bond offer of USD 70 million in debt relief due to a fiscal planning oversight. In a post on social media, Verité Research states that Sri Lanka will receive USD 70 million in debt relief from its Governance-Linked Bond (GLB) upon meeting two revenue targets. The think tank points out that, however, the issue lies with the Sri Lankan government’s revenue expectations in the fiscal strategy statement, which are lower than the GLB targets. According to Verité Research, the GLB targets are 15.3% in 2026 and 15.4%…
Veteran Indian actors Rajinikanth and Kamal Haasan are all set to collaborate on a new project directed by popular Tamil filmmaker Sundar C. The film, tentatively titled Thalaivar 173, is produced under the Raaj Kamal Films International (RKFI) banner and will be released by Red Giant Movies during Pongal 2027. The news was announced today (November 5) by RKFI in a press release. “This landmark collaboration not only unites two towering forces of Indian cinema but also celebrates five decades of friendship and brotherhood between Superstar Rajinikanth and Kamal Haasan – a bond that continues to inspire generations of artists…
Four suspects have been arrested with a large haul of heroin and ICE narcotics in the Homagama area. According to the Police, 1.5 kilos of heroin and over 688g of ‘ICE’ were recovered from a house in Homagama. The suspects, three men and a woman, were arrested by the Kelaniya Police Crimes Investigation Unit. Further investigations are underway into the incident. (Newswire) The post Four suspects arrested with large haul of heroin & ICE in Homagama appeared first on Newswire.
Two US courts have ordered immigration officials not to deport Subramanyam Vedam, the 64-year-old Indian-origin man who spent four decades in prison before his murder conviction was overturned earlier this year. Vedam was nine months old when he came to the US with his parents legally from India. He grew up in State College, where his father taught at Penn State. An immigration judge stayed his deportation on Thursday until the Bureau of Immigration Appeals decides whether to review his case. That could take several months. Vedam’s lawyers also got a stay the same day in the US District Court…
WEATHER FORECAST FOR 06 NOVEMBER 2025 Issued at 05.30 a.m. on 06 November 2025 Atmospheric conditions are getting favorable for evening thundershowers in the most parts of the island. Several spells of shower will occur in Western, Sabaragamuwa and North-western provinces and in Kandy, Nuwara-Eliya and Galle districts. Showers or thundershowers may occur at several places other areas after 2.00 p.m. The general public is kindly requested to take adequate precautions to minimize damages caused by temporary localized strong winds and lightning during thundershowers. The post Weather forecast : Evening thundershowers appeared first on Newswire.
Atmospheric conditions are becoming favourable for evening thundershowers in most parts of Sri Lanka, according to the Department of Meteorology. As such, several spells of showers will occur in the Western, Sabaragamuwa and North-western provinces and in the Kandy, Nuwara-Eliya and Galle districts today. Showers or thundershowers may occur at several places in other areas after 2.00 pm. The general public is requested to take adequate precautions to minimize damage caused by temporary localized strong winds and lightning during thundershowers. Meanwhile, showers or thundershowers will occur at several places in the sea areas off the coast extending from Puttalam to…
At least six people have died in a series of road accidents reported across several areas on November 5, police said. In Peliyagoda, a jeep collided with a train at the Thorana Junction level crossing, killing the driver. The victim’s identity has not yet been confirmed. A motorcyclist died in Higurakgoda after losing control of his bike and veering off the road in the Pansalgodella area, police said. In Wariyapola, a 30-year-old man from Minuwangete was killed when his motorcycle was hit by a bus while turning off the Anuradhapura–Padeniyaya Road. The pillion rider was hospitalized with serious injuries. In…
ECONOMYNEXT – As Sri Lanka prepares to unveil its 2026 budget on Friday this week, President Anura Kumara Dissanayake faces perhaps the most defining moment of his one-year old administration. The budget will be more than a fiscal plan. It will be a test of political credibility for a government that came to power promising a clean break from the corruption, inefficiency, and economic mismanagement that plunged the country into its worst financial crisis in 2022. In Sri Lanka, budgets are not viewed as a means of democratic control, where the state is restrained from imposing arbitrary spending and tax…
Amanda Anisimova ’’embraced the fight’’ to overcome Iga Swiatek in three sets and join the undefeated Elena Rybakina in the knockout stage of the WTA Finals.
Last season’s Plate champs CH and FC have set their sights on signing a foreign player ahead of the inter club league rugby tournament next week.
Ten youths, including a woman were arrested during a raid on a hotel party organised through Facebook at Galkanuwa Road, Gorakana in Keselwatte.
The owner of Royal Challengers Bengaluru (RCB) has launched a strategic review of its investment in the Indian Premier League franchise, signaling that a potential sale or major restructuring could be on the horizon. United Spirits Ltd. (USL), the Indian subsidiary of global beverage giant Diageo, said in a filing to the Bombay Stock Exchange that it has begun a “strategic review of the investment in Royal Challengers Sports Pvt. Ltd.,” which owns both the men’s and women’s RCB teams. The review will assess all options for the franchise and is expected to be completed by March 31, 2026. While…
Four individuals were reported missing from among a group of ten who were bathing near the Deduru Oya Bridge this afternoon.
A principal and his 22-year-old son have been arrested with heroin worth more than Rs. 20 million in Eppawala, Anuradhapura.
Former Zimbabwe captain Sean Williams is being treated for drug addiction and will not play for the country again, the national cricket board said on Tuesday.
Former Bangladesh player Mohammad Ashraful has been appointed as the national batting coach ahead of the upcoming home series against Ireland.
Australia chief selector George Bailey says the squad for the first Ashes Test against England deserves ’’respect’’ following criticism of the age of players.
The National People’s Power (NPP) Hingurakgoda Pradeshiya Sabha member, who was arrested for allegedly threatening police officers, was released on bail by Hingurakgoda Magistrate Duminda Karunarathne today.
The Indian Minister of Foreign Affairs S. Jaishankar reaffirmed India’s continued support to Sri Lanka in maintaining political and economic stability.