Ajinkya Rahane Becomes First Recipient of Mullagh Medal.

Ajinkya Rahane has won been bestowed with the Mullagh medal after India won the second game against Australia at the Melbourne Cricket Ground. Rahane scored a hundred in the game and was awarded the Mullagh medal. Rahane is the first recipient of the medal. Johnny Mullagh Me…

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Japan is developing wooden satellites to send into orbit by 2023.

Kyoto University is teaming up with a Japanese forestry company to develop world's first wooden satellites to shoot into orbit by 2023. The advantage of a wooden satellite is that if it were to fall out of orbit and burn up on reentry, it wouldn't release as many har…

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Cristiano Ronaldo Wins Prestigious Golden Foot 2020 Award.

Cristiano Ronaldo has won the prestigious Golden Foot 2020 award in Monaco for his outstanding performance over the previous season. He netted the ball on 44 occasions in 44 games and helped Juventus top Group G in the ongoing UEFA Champions League.  Despite missing out on t…

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Central Bank issues uncirculated commemorative coin to mark its 70th anniversary.

The Central Bank of Sri Lanka (CBSL) has decided to issue an uncirculated commemorative coin in the denomination of Rupees 20 to mark its 70th anniversary. The Central Bank commenced operations in August 1950 and completed 70 years of its unique and valued contribution to th…

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Inflation increases to 4.2 % in December 2020

The overall rate of inflation as measured by the Colombo Consumer Price Index (CCPI) on year-on-year (Y-o-Y) basis increased marginally to 4.2% in December 2020 from 4.1% in November 2020,  the Department of Census and Statistics reported. The CCPI for all items for the mont…

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Sri Lankan Rupee appreciates. Selling rate of US $ recorded at Rs.189.18

According to the daily exchange report of the Central Bank of Sri Lanka (CBSL), the current buying rate of the US Dollar today (31) stands at Rs. 184.12 and selling rate of the US dollar stands at Rs.189.18 This is the lowest buying and selling rate recorded for a US dollar …

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Rupee shows signs of recovery. Selling rate of US $ recorded at Rs.190.02.

According to the daily exchange report of the Central Bank of Sri Lanka (CBSL), the current buying rate of the US Dollar today (30 December 2020) stands at Rs.185.20 and selling rate of the US dollar stands at Rs.190.02. An increase in volatility of the exchange rate was obs…

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India will host a Global Media and Film Summit in 2021.

India will host a Global Media and Film Summit next year and it will also set up a special pavilion at Cannes in 2022 on the occasion of Cannes Film Festival's 75 years celebrations. India is a country where growth of communication technology is phenomenal and this prese…

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Australia's Cricket Hall of Fame inducts first Aboriginal player.

One of the stars of the first Australian cricket tour of England has become the first Aboriginal inducted to the Australian Cricket Hall of Fame. Johnny Mullagh was part of the 1868 Aboriginal team that became the country's first sporting team to tour internationally. The…

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US plans to put a nuclear power plant on the moon.

NASA and the U.S. Department of Energy will seek proposals from industry to build a nuclear power plant on the moon and Mars to support its long-term exploration plans. The proposal is for a fission surface power system, and the goal is to have a flight system, lander and r…

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China has successfully launched satellite "Yogan - 33"

Chinese has successfully launched a new remote sensing satellite into orbit named Yogan-33,  by a Long March-4C rocket. The satellite Yogan-33 was lunched from the Jiuquan Satellite Launch Center in northwest China on 28 December 2020. The eruption will benefit land resourc…

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India-Vietnamese Navy conducts PASSEX-2020.

The Indian Navy and Vietnamese Navy undertook the naval passage exercise PASSEX in the South China Sea. The two-day exercise was conducted s part of efforts to boost maritime cooperation between the two countries. The Indian Naval Ship (INS) Kiltan took part in the exercise…

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Skyroot Aerospace successfully test fires Kalam-5.

Skyroot Aerospace Indian Space startup, in Hyderabad has successfully test-fired a solid propulsion rocket engine, named Kalam-5 on December 22, 2020 in Nagpur.  With this test fire, Skyroot Aerospace has become the first private company of India to successfully design, deve…

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ICC Awards of the Decade.

The ICC Awards of the Decade is a one-off edition of the annual awards programme, aimed at celebrating the stand-out performers and moments from the past ten years of international cricket. The apex cricketing body has included the names of several talismanic players who ru…

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Russian Badminton Player Khakimov banned for five years over betting, fixing offences.

Russian doubles badminton player Nikita Khakimov has received a five-year ban after being found guilty of offences relating to “betting, wagering and irregular match results”, the Badminton World Federation (BWF) said. The BWF opened an investigation against Khakimov after o…

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Sri Lanka’s oldest female dies at age 117.

The oldest female of Sri Lanka has passed away earlier today (December 29) at the age of 117 years. The deceased Dodangoda resident had passed away while receiving treatment at the Nagoda Hospital. Her death was confirmed by the Assistant Government Agent’s (AGA) Office of Do…

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Banks suspended from buying Sri Lanka International Sovereign Bonds for three months.

The Central Bank of Sri Lanka (CBSL) has directed licensed commercial banks and National Savings Bank to suspend the purchase of Sri Lanka International Sovereign Bonds (ISBs) with immediate effect for a period of three months. In a fresh directive issued last week (23 Decem…

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South Africa willing to consider slashing tariffs for SL tea exports.

Outgoing South African High Commissioner in Colombo, Robina P. Marks stated that South Africa is willing to consider slashing tariffs for Sri Lankan tea exports to give some relief to Sri Lanka. Delivering the opening remarks at 'Sri Lanka – South Africa Business Promoti…

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South Africa Beat Sri Lanka by Innings and 45 Runs.

South Africa beat Sri Lanka by an innings and 45 runs on the fourth day of their first Test at SuperSport Park in Centurion on Tuesday, 29 December 2020. Kusal Perera hit 64 and Wanindu Hasaranga made 59 before Sri Lanka were bowled out for 180 shortly after lunch. They had …

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India May Become Fifth Largest Economy By 2025; Third Largest By 2030.

India, which appears to have been pushed back to being the world's sixth biggest economy in 2020, will again overtake the United Kingdom to become the fifth largest in 2025 and race to the third spot by 2030. The U.K.-based think tank Centre for Economics and Business Re…

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