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BRICS Summit 2026: New Delhi Declaration Signals Deeper Trade, Local-Currency Payments and a More Integrated Emerging-Market Economy

Sep 13, 20262 months ago 12 min read

xNEW DELHI, September 13, 2026 — BRICS leaders adopted the New Delhi Declaration on Saturday, the first day of the 18th BRICS Summit, setting out…

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Modi, Putin Move to Strengthen Ties as Russia Pushes for Greater BRICS Role

Sep 12, 20262 months ago 3 min read

Indian Prime Minister Narendra Modi and Russian President Vladimir Putin have agreed to further strengthen their long-standing strategic partnership, as Moscow called for the BRICS…

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COLOMBO, November 13, 2026 — Sri Lanka’s 2027 Budget estimates total government revenue and grants at Rs. 6,180 billion, with…

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Sri Lanka stocks trend up Friday, Kotagala to absorb subsidiary

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BRICS Summit 2026: New Delhi Declaration Signals Deeper Trade, Local-Currency Payments and a More Integrated Emerging-Market Economy

Colombo Stock Exchange Breaks Three-Day Losing Streak, Ends Week Higher

CMTA Warns of Rs. 40 Billion Revenue Loss, Calls for Fairer Vehicle Tax Rules

Oil Tops $100 as Middle East Tensions Raise Fresh Risks for Sri Lanka’s Economy

Modi, Putin Move to Strengthen Ties as Russia Pushes for Greater BRICS Role

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

Trump Says US Is Not Negotiating with Iran, Signals Developments ‘Fairly Soon’

Sri Lanka’s Tea Export Earnings Top US$1 Billion as Rupee Revenue Rises Despite Dollar Decline

Access Engineering Expects Rs. 310 Million Company-Level Loss from Logistics Project Exit

BIZ BREAKING

Budget 2027 Targets Rs. 6.18 Trillion in Revenue and Grants, Deficit at 4.5% of GDP

President Reviews Final 2027 Budget Proposals, Pledges Wider Benefits from Economic Stability

CBSL Bars EY Audit Partners from Banking Audits Following Rs. 13.6 Billion NDB Fraud

BUSINESS

ComBank Group Nine-Month Income Rises 18.9% to Rs. 318.8 Billion; Profit Reaches Rs. 52.2 Billion

Sri Lankan Fruit Experts and Chinese Entrepreneurs Explore Agricultural Cooperation

Dialog Nine-Month Profit Jumps 92% to Rs. 28.5 Billion; Digital Investment Reaches Rs. 27.4 Billion

ECONOMY

President to Present 2027 Budget Today with Rs. 4.99 Trillion in Proposed Expenditure

Sri Lanka’s Remittances Reach US$735.6 Million in October; Ten-Month Inflows Top US$7.6 Billion

Higher Wages, Lower Living Standards: Sri Lanka’s Real Take-Home Pay, 2017–2026

MARKETS

ASPI Surges 592 Points Above 22,000 as CSE Turnover Hits Rs. 7.95 Billion

Colombo Stocks End Week Higher as ASPI Gains 5.4%; Daily Turnover Averages Rs. 3 Billion

EPF Equity Portfolio Valued at Rs. 204.94 Billion, More Than Double Investment Cost

NATION

Opposition Launches oversight.lk to Track Government Budget Performance

Handunnetti Participates as National Sathosa Opens First Wholesale Outlet in Matara Following Revival

CBSL Clarifies EY Remains Eligible to Audit Licensed Banks

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