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Sri Lanka

IMF

Sri Lanka To Opt For Domestic Debt Restructuring Post-IMF Bailout: Government

Sri Lanka in April last year declared its first-ever debt default in its history as the worst economic crisis since independence from Britain in 1948 triggered by forex shortages sparked public protests

31 March 2023

Supreme Court

Plea In Supreme Court Seeks'Ram Sethu' To Be Declared As National Monument

Ram Sethu, also known as Adam's bridge, is a chain of limestone shoals between Pamban Island, off the south-eastern coast of Tamil Nadu, and Mannar Island, off the north-western coast of Sri Lanka.

26 March 2023

Sri Lanka-India

Sri Lanka Imports 2 Million Eggs From India To Meet Shortage

Director General of the Health Department Himali Kotelawala had said that the country of origin of eggs must be free of bird flu for at least six months

23 March 2023

Sri Lanka Reduces Fuel Price Amid Signs Of Economic Stabilisation

Sri Lanka in April declared its first-ever debt default in its history as the economic crisis since independence from Britain in 1948 triggered by forex shortages sparked public protests

29 March 2023

Sri Lanka-India

Indian Delegation Calls On Sri Lankan President Wickremesinghe

Sri Lanka and India run a joint venture storing fuel in the World War II time storage tanks in Trincomalee

26 March 2023

Sri Lankan Head of State Ranil Wickremesinghe

IMF Facility Debunks Sri Lanka's Bankrupt Status: President Wickremesinghe

The receipt of the IMF Facility is a step towards building a better future for the youth and uplifting the country

22 March 2023

Sri Lanka-India

High-Level Indian Delegation Discusses Energy Cooperation With Sri Lankan President Wickremesinghe

In January last year, Sri Lanka formally signed an agreement with India to jointly develop the oil tank farms in Trincomalee

26 March 2023

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IMF

IMF Approves $3 Billion In Financial Assistance For Debt-Ridden Sri Lanka

The economy is facing significant challenges stemming from pre-existing vulnerabilities and policy missteps in the lead-up to the crisis, further aggravated by a series of external shocks

21 March 2023

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14 March 2023
Tamil Nadu CM M K Stalin Urges PM Modi To Get Indian Fishermen Released From Sri Lanka

Tamil Nadu CM M K Stalin Urges PM Modi To Get Indian Fishermen Released From Sri Lanka

Tamil Nadu CM M K Stalin said necessary diplomatic steps may be initiated to secure the early release of all the 16 fishermen and 102 fishing boats that were...


07 March 2023
Tony Kakkar, Yohani, Ikka To Brighten Holi's Colours With 'Chunari Mein Daag'

Tony Kakkar, Yohani, Ikka To Brighten Holi's Colours With 'Chunari Mein Daag'

Sri Lankan singer Yohani has collaborated with Tony Kakkar and rapper Ikka for their latest Holi song, 'Chunari Mein Daag'.


07 March 2023
Sri Lanka Secures China Assurances To Clear Way For $2.9 Billion IMF Bailout Package

Sri Lanka Secures China Assurances To Clear Way For $2.9 Billion IMF Bailout Package

China has given assurances that it will support Sri Lanka’s debt restructuring, clearing the biggest hurdle for the debt-ridden country to secure a...


07 March 2023
Women’s Day: Global South Leaders Should Stand By Iranians Fighting For Their Rights

Women’s Day: Global South Leaders Should Stand By Iranians Fighting For Their Rights

Women’s Day: Fear is growing that Iran is preparing to execute more protesters, charging them with ‘enmity against God’ and ‘corruption on earth’.


05 March 2023
India, Sri Lanka Mulling Over Using Indian Rupee For Economic Transactions

India, Sri Lanka Mulling Over Using Indian Rupee For Economic Transactions

The High Commission of India here organised a discussion on the use of the Indian Rupee (INR) for transactions between India and Sri Lanka on Thursday


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27 February 2023
Opposition Holds Protests In Sri Lanka

Opposition Holds Protests In Sri Lanka

The opposition supporters were protesting over a decision to postpone local elections after the government said it cannot finance the same because of the...


24 February 2023
PM Modi Flags High Debt In Developing Nations, Asks G20 To Focus On Most Vulnerable Citizens

PM Modi Flags High Debt In Developing Nations, Asks G20 To Focus On Most Vulnerable Citizens

A combination of ravage caused by the pandemic and high debt has driven nations around India, including Sri Lanka and Pakistan to bankruptcy


24 February 2023
Sri Lanka Cricket Earns Record Net Profit

Sri Lanka Cricket Earns Record Net Profit

Sri Lanka Cricket have earned 6.3 billion rupee in the year 2022, the sports body's highest ever annual net income, according to national board.


23 February 2023
Sri Lanka Reviews Progress Of Adani Group Wind Power Projects, Says Minister

Sri Lanka Reviews Progress Of Adani Group Wind Power Projects, Says Minister

This was the first official meeting since US-based short seller Hindenburg Research made a litany of allegations, including fraudulent transactions and...


21 February 2023
IMF Only Option Available To Sri Lanka To Overcome Economic Crisis, Says Wickremesinghe

IMF Only Option Available To Sri Lanka To Overcome Economic Crisis, Says Wickremesinghe

Addressing a gathering in the central town of Kandy, he said that each nation that experienced an economic catastrophe recovered after engaging in talks with...


21 February 2023
The Doosra Life: How Muttiah Muralitharan Rose To The Occasion After Sri Lankan Tsunami

The Doosra Life: How Muttiah Muralitharan Rose To The Occasion After Sri Lankan Tsunami

Playing on the front foot, cricketer Muttiah Muralitharan helped his fellow countrymen find their feet after the 2004 catastrophe


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16 February 2023
Sri Lanka Returns To Uninterrupted Power Supply After A Year; At Higher Cost

Sri Lanka Returns To Uninterrupted Power Supply After A Year; At Higher Cost

The state power entity said that the power cuts ranging from one to 14 hours from January last year would end on Thursday


16 February 2023
China Silent On Debt Reduction Targets For Sri Lanka To Get IMF Bailout Loan

China Silent On Debt Reduction Targets For Sri Lanka To Get IMF Bailout Loan

Last month, China gave Sri Lanka the financing assurances required by the International Monetary Fund (IMF) to unlock a $2.9 billion bailout package for the...


13 February 2023
Velupillai Prabhakaran 'Doing Well', Right Time For Him To Emerge: Top Tamil Nationalist Leader

Velupillai Prabhakaran 'Doing Well', Right Time For Him To Emerge: Top Tamil Nationalist Leader

It may be recalled that Velupillai Prabhakaran was killed in 2009 in the war between Sri Lankan Army and the LTTE.


09 February 2023
Thousands Of Sri Lankans Protest Against Tax Hike

Thousands Of Sri Lankans Protest Against Tax Hike

Hundreds of workers from government organisations participate in demonstrations in Colombo protesting against the new tax policy and Sri Lankan President Ranil...


06 February 2023
In Turkey And Syria Earthquake A Trail Of Natural Calamities That Has Always Left Mankind Devastated

In Turkey And Syria Earthquake A Trail Of Natural Calamities That Has Always Left Mankind Devastated

Here we look at the devastating earthquakes in history that has forced human being scaling heights to kneel down always.


02 February 2023
Union Minister Muraleedharan To Begin A Two-Day Visit To Sri Lanka From Friday

Union Minister Muraleedharan To Begin A Two-Day Visit To Sri Lanka From Friday

As the island nation struggles with an economic crisis, State Minister V Muraleedharan will pay a two-day visit to Sri Lanka beginning Friday.


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