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Sri Lanka Economic Crisis

  • Videos

    Very Serious Crisis In Sri Lanka, Naturally Worry About Spillover: Jaishankar At All-Party Meet

    by IN Bureau July 20, 2022
    by IN Bureau July 20, 2022

    <p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/tXDt2A6RHWk" title="YouTube video player" width="560"></iframe></p> <p> External Affairs Minister S. Jaishankar told an all-party meeting that Sri Lanka was …

  • World

    Ranil Wickremesinghe elected President of Sri Lanka

    by IN Bureau July 20, 2022
    by IN Bureau July 20, 2022

    <p> Ranil Wickremesinghe, 73, was elected as the new President of Sri Lanka today with the backing of the Rajapaksa family controlled SLPP, the largest bloc in the  country’s 225-member …

  • World

    India refutes baseless reports on Sri Lanka poll, says it doesn’t interfere in internal affairs of another country

    by Ateet Sharma July 20, 2022
    by Ateet Sharma July 20, 2022

    <p> <strong>India on Wednesday refuted "baseless and purely speculative" media reports about efforts at a political level from New Delhi to influence political leaders in Sri Lanka on the voting …

  • Videos

    Who Will Be Sri Lanka’s New President? Three-Way Fight For The Next President Of Sri Lanka

    by IN Bureau July 19, 2022
    by IN Bureau July 19, 2022

    <p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/tHNwCfgiSss" title="YouTube video player" width="560"></iframe></p> <p> The stage is set for a three-way fight to be the next President …

  • Economy

    Sri Lanka’s economy to contract more than 6% as political turmoil takes its toll

    by IN Bureau July 17, 2022
    by IN Bureau July 17, 2022

    <p> <strong>Sri Lanka’s central bank has warned that the bankrupt country’s economy could contract by more than 6 per cent this year amid intense political and social turmoil. Following the …

  • World

    Indian High Commissioner meets Lankan Parliament Speaker, assures New Delhi’s support to island nation

    by IN Bureau July 16, 2022
    by IN Bureau July 16, 2022

    <p> India's High Commissioner to Colombo, Gopal Baglay called on Speaker of Sri Lankan Parliament Mahinda Yapa Abeywardena on Saturday and conveyed that New Delhi will continue to be supportive …

  • World

    Protestors take over Sri Lanka Prime Minister’s residence amid chaos in Colombo

    by IN Bureau July 13, 2022
    by IN Bureau July 13, 2022

    <p> There was complete chaos in Sri Lanka as protestors who had gathered outside the Prime Minister’s office took over his residence despite the imposition of curfew.</p> <p> Prime Minister …

  • Economy

    Sri Lanka’s economic mess will not be resolved soon, as civil society stands alienated

    by Mahua Venkatesh July 13, 2022
    by Mahua Venkatesh July 13, 2022

    <p> <strong>For bankrupt Sri Lanka, the process of revival will be painful, uncertain as well as long-drawn. People's patience has run out and the challenge for the new government, if …

  • World

    Protests break out in Maldives against Sri Lanka’s Rajapaksa who may be heading for Singapore

    by Atul Aneja July 13, 2022
    by Atul Aneja July 13, 2022

    <p> <strong>Protests are breaking out in Male, the capital of Maldives, where President of Sri Lanka, Gotabaya Rajapaksa has fled following surging mass protests in Colombo seeking the exit of …

  • World

    India sends fertiliser to Sri Lanka to meet sowing requirements

    by IN Bureau July 11, 2022
    by IN Bureau July 11, 2022

    <p> <strong>India has rushed 44,000 tonnes of urea to the bankrupt Sri Lanka to facilitate in meeting the domestic requirements for the current and the next sowing seasons.</strong></p> <p> “Delighted …

  • Economy

    Bankrupt Sri Lanka’s economic crisis to deepen further as IMF talks are delayed

    by IN Bureau July 10, 2022
    by IN Bureau July 10, 2022

    <p> <strong>The International Monetary Fund (IMF) which has been in talks with bankrupt Sri Lanka for a rescue package said it is closely monitoring the situation in the island nation …

  • World

    Sri Lanka cricket greats back protesters, tell Gotabaya to go

    by IN Bureau July 9, 2022
    by IN Bureau July 9, 2022

    <p> Sri Lanka’s cricket greats came out in support of the protesters against the Sri Lanka President with Sanath Jayasurya walking with the protesters on the streets of Colombo to …

  • World

    Sri Lanka President Gotabaya flees as protesters storm official residence in Colombo

    by IN Bureau July 9, 2022
    by IN Bureau July 9, 2022

    <p> Sri Lanka's President Gotabaya Rajapaksa fled his official residence on Saturday shortly before protesters, angered by an unprecedented economic crisis, stormed and overran the compound.</p> <p> As protesters surged …

  • Economy

    Sri Lanka reaches out to sanction-hit Russia for help

    by IN Bureau July 7, 2022
    by IN Bureau July 7, 2022

    <p> <strong>Sri Lanka has reached out to Russia for assistance notwithstanding the stringent sanctions thrashed out by the US and EU against the latter. Colombo is keen to resume flight …

  • Economy

    Sri Lanka’s economic mess to continue till 2023, says Wickremesinghe

    by IN Bureau July 6, 2022
    by IN Bureau July 6, 2022

    <p> <strong>Sri Lanka, which is in the middle of an unprecedented economic crisis hit by food and fuel shortage, is unlikely to see its situation changing in the near future. …

  • Economy

    IMF team lands in Colombo–Sri Lanka finally starts talks on a rescue package

    by IN Bureau June 21, 2022
    by IN Bureau June 21, 2022

    <p> <strong>Cash strapped Sri Lanka has started the much awaited talks with the International Monetary Fund (IMF) for a rescue package. The IMF team arrived in Colombo on Monday and …

  • Economy

    Govt offices in Sri Lanka shut from tomorrow as the country is left with no fuel

    by IN Bureau June 19, 2022
    by IN Bureau June 19, 2022

    <p> <strong>Sri Lanka has run out of fuel. The Ranil Wickremesinghe government has now announced shutting down of public sector offices from tomorrow as it awaits the approval of the …

  • World

    Lankan PM Wickremesinghe discusses economic, political challenges with US Secretary Blinken

    by IN Bureau June 14, 2022
    by IN Bureau June 14, 2022

    <p> <strong>Sri Lanka's Prime Minister Ranil Wickremesinghe, who took charge two months ago and is currently battling the toughest battle of his political career, spoke with US Secretary of State …

  • Economy

    For survival, Sri Lanka may need help before an IMF package is finalised

    by IN Bureau June 12, 2022
    by IN Bureau June 12, 2022

    <p> <strong>Sri Lanka’s Prime Minister Ranil Wickremesinghe, who took charge two months ago, is currently battling the toughest battle of his political career. As talks with the International Monetary Fund  …

  • Economy

    World Bank’s assistance to Sri Lanka will provide Wickremesinghe the much needed breather

    by IN Bureau May 31, 2022
    by IN Bureau May 31, 2022

    <p> <strong>The World Bank loan of $700 million to cash strapped Sri Lanka will provide the Ranil Wickremesinghe government the much-required breather till it finalises a bailout package with the …

  • Videos

    India Sends 40,000 MT Fuel Consignment Among Other Essentials To Crisis Hit Sri Lanka

    by IN Bureau May 24, 2022
    by IN Bureau May 24, 2022

    <p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/rkKSlfR0Rxk" title="YouTube video player" width="560"></iframe></p> <p> India has delivered around 40,000 metric tonnes of petrol to Sri Lanka, days …

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