Monday, Jun 18 2018 | Time 23:05 Hrs(IST)
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  • Young motorcyclist killed, 3 others injured in road accident in Kolhapur
  • England opt for attack-focused midfield against Tunisia
  • FIFA WCUP: Lukaku scores twice as Belgium thrash Panama 3-0
  • Amit Shah reviews BJP activities in Assam
  • Sewing machines worth Rs 94 lakh seized in Assam
  • Govt rejects Chinese envoy suggestion for trilateral talks between China, India and Pakistan
  • Trump: U S will not be 'migrant camp'
  • CAPF to organise mass Yoga demonstration on June 21
  • Naveen is accountable on missing Ratna Bhandar keys and jewellery of Jagannath temple - BJP
  • Odisha to work with NGOs to achieve zero casualty in disasters
  • J&K Minister sees-off Kashmiri Pandit devotees for Kheer Bhawani Yatra
  • Volvo Cars aims 25 per cent use of recycled plastics in every new car from 2025
  • FIFA WCUP: Panama, Belgium goalless at halftime
  • Unemployed youth ends life in Nanded
  • Curfew further relaxed in Meghalaya
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Sri Lankan shares hit 6-mth closing high on foreign buying in Keells

COLOMBO, Apr 21 (Reuters) Sri Lankan shares gained on Friday to hit a more than six-month closing high on foreign buying in market heavyweight John Keells Holdings, helping boost the overall sentiment.
Foreign investors net bought equities worth 1.35 billion rupees ($8.88 million) on Friday, extending the week's net foreign buying to 6.56 billion rupees.
Foreign investors have been net buyers for the last 21 sessions, acquiring equities worth a net 11.77 billion, taking the year-to-date net foreign inflow into equities to 14.27 billion rupees.
The Colombo stock index ended 0.5 percent firmer at 6,535.54, its highest close since Oct. 11. It has climbed 9.4 percent in the 16 sessions through Friday, having risen for 15 sessions in that period.
The index added 2.1 percent on the week, marking its fourth week of gains.
"Foreign investors see extremely attractive valuation in the blue chips and growing earnings. They also see some political stability and stabilisation of the economy," said Dimantha Mathew, head of research, First Capital Equities (Pvt) Ltd.
"But local investors are still waiting for some kind of strong direction by the government. The bullish run will prevail in the near future with local investors also starting to buy into equities."
Stockbrokers also said the market was also encouraged by comments made by President Maithripala Sirisena on making the government effective, as reported in the local media.
Turnover stood at 3.27 billion rupees ($21.51 million), more than three times of this year's daily average of 877.8 million rupees.
John Keells Holdings, which accounted for 81 percent of the day's turnover, jumped 2.2 percent, while top lender Commercial bank of Ceylon rose 1.7 percent.
REUTERS AKC 1748
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Sushma bats for robust ties with Italy, leaves for France

Sushma bats for robust ties with Italy, leaves for France

18 Jun 2018 | 6:51 PM

Rome, June 18 (UNI) India on Monday reaffirmed strong commitment to take bilateral relations with Italy to newer heights. "Reaffirming strong commitment to take our relationship forward! EAM Sushma Swaraj met with Foreign Minister of Italy Enzo Moavero Milanesi," MEA spokesman Raveesh Kumar tweeted.

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No jail for Swiss Tamil Tiger financiers

No jail for Swiss Tamil Tiger financiers

18 Jun 2018 | 5:48 PM

Bern, June 18 (UNI) The Swiss Federal Criminal Court has given no prison terms to alleged financiers of the Sri Lankan Tamil separatist group Liberation Tigers of Tamil Elam (LTTE), according to a Swissinfo report.

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Nawaz, daughter postpone return due to Kulsoom's health condition, sources say

Nawaz, daughter postpone return due to Kulsoom's health condition, sources say

18 Jun 2018 | 5:20 PM

Islamabad, Jun 18(UNI) Former prime minister Nawaz Sharif has reportedly decided to postpone his return to Pakistan for some time following the worsening condition of his ailing wife Kulsoom Nawaz, who is currently undergoing treatment at a hospital in London
The former first lady has been in critical condition after she suffered a cardiac arrest late on Thursday and was admitted to the ICU in London's Harley Street Clinic and placed on ventilator, DawnNewsTV quoted sources as saying.

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Bill to axe GST on tampons passes Senate

18 Jun 2018 | 5:04 PM

Canberra, June 18 (UNI) Legislation to remove the $30 million GST from feminine hygiene products has passed the Senate, according to an SBS News report on Monday.

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New visa rules in UAE

New visa rules in UAE

18 Jun 2018 | 4:51 PM

Dubai, Jun 18(UNI) Cabinet in UAE has approved a number of visa facilitations for visitors, residents, families and people overstaying in UAE.

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