The Central Bank of Sri Lanka has urged creditors India and China to agree a write-down of their loans as soon as possible in an effort to "help us to start repaying their obligations".

Speaking to the BBC on Wednesday night, the bank's Governor P. Nandalal Weerasinghe said: "The sooner they give us finance assurances that would be better for both (sides), as a creditor, as a debtor. That will help us to start repaying their obligations.

With visa-free entry in 59 countries, the Indian passport ranks 85th in the list of most powerful passports in the world, according to the Henley Passport Index released Tuesday. It has slipped two spots from the 83rd rank in 2022. Japan's passport continues to be the most powerful in the world, with visa-free entry in 193 countries.

South Korea and Singapore stand in the second spot. Germany and Spain jointly hold third place in the ranking.

MG Motor India, owned by China's SAIC Motor, expects electric vehicles (EV) to account for at least a quarter of its sales in India in 2023, the automaker said during the country's biennial auto show on Wednesday. "At the end of this year, 25 to 30% of our sales will be all electric," Managing Director Rajeev Chaba said, adding that it is evaluating the launch of the MG4 electric hatchback and eHS plug-in hybrid SUV in India, which were unveiled at the event. MG Motor has just over a 1% share of India's passenger vehicles market, where it sells the ZS EV SUV.

SAIC Motor has previously said that it has a wide portfolio of new energy vehicles (NEVs), which include electric, hybrid and fuel cell cars, which MG can choose from to sell in India.

Fast-moving consumer goods firm Adani Wilmar Ltd said on Tuesday its sales would grow in high single digits in the third quarter, helped by strong demand during the festive season and stronger out-of-home consumption.

Standalone sales volume will grow in high teens, the company said in a regulatory filing.

Boeing said Tuesday it took more than 200 net orders for passenger airplanes in December and finished 2022 with its best year since 2018, which was before two deadly crashes involving its 737 Max jet and a pandemic that choked off demand for new planes.

The biggest boost came from United Airlines, which placed large orders for both the 737 Max and the larger, twin-aisle 787, which is used mostly on international routes. Bank of China Aviation also placed a significant order for 40 Max jets, Boeing said.

Tata Group’s ambitious super app is expected to meet just half of the sales target in its debut year, forcing the sprawling Indian corporate to review its digital strategy, people familiar with the matter said.

Tata Digital Pvt.’s online platform, Tata Neu that went live in April, will see sales of about $4 billion in the year to March 31 compared with the $8 billion target set at the beginning of 2022, the people said, asking not to be named as the information is not public.

Shipments of indigenously made television grew by 33 per cent to over 5 million units in the July-September 2022 quarter compared to the previous quarter, market research firm Counterpoint Research said on Tuesday.

According to the report, TWS (True Wireless Stereo) segment led the electronics wearable category in terms of local manufacturing with almost 37 per cent of its shipments being manufactured in India.

The number of employees in the IT sector in Telangana grew from 3.23 lakh in 2014 to 8.7 lakh in 2022 while IT exports rose from Rs 57,000 crore to Rs

1.83 lakh crore during the same period, IT Minister K T Rama Rao said here on Monday.

North and northwest India continued to reel under cold wave on Monday as dense fog adversely affected air, rail and road traffic and led to two road accidents in Uttar Pradesh killing seven people.

Delhi saw cold wave conditions for the fifth consecutive day on Monday as very dense fog reduced visibility to just 25 metres, officials said.

The BJP on Monday said that the Aam Adami party is the most corrupt party of the country.

Addressing a press conference here, BJP leader Manjinder Singh Sirsa said: "The Aam Aadmi Party came to power in Delhi, saying that it will take action against corruption, provide security to women and drive out the corrupt, but today, the same party has become the most corrupt party in the country."

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