Sunday, May 29, 2022
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Sri Lanka

Sri Lanka: Opposition Targets PM Ranil Wickremesinghe, Says Not Qualified To Hold Post

Sri Lanka: Opposition Targets PM Ranil Wickremesinghe, Says Not Qualified To Hold Post

Sri Lanka: PM Ranil Wickremesinghe, who lost in Colombo in the 2020 parliamentary elections and whose United National Party (UNP) could not win even a single seat in that election, was appointed as Sri Lanka's 26th prime minister earlier this month.

27 May 2022
Sri Lanka Debt 'unsustainable', Need Adequate Assurances On Reforms: IMF On Debt Reconstruction

Sri Lanka Debt 'unsustainable', Need Adequate Assurances On Reforms: IMF On Debt Reconstruction

The IMF-Sri Lanka discussions focused on fiscal sustainability, monetary policy, exchange rate regimes, financial sector stability and structural reforms.

27 May 2022

Pakistan's Looming Economic Crisis: Imran Khan’s Show Of Strength In Islamabad Is A Message To PM Sharif

Unless the political parties act responsibly and forget their petty squabbles, Pakistan's economy is likely to go the Sri Lanka way. But will sense prevail?

Sri Lanka Mulling Oil Exploration In Mannar Basin Amid Crisis

Sri Lanka Mulling Oil Exploration In Mannar Basin Amid Crisis

Sri Lanka’s Power and Energy Minister Kanchana Wijesekera said that the government is ‘planning to advertise plots for studies on oil exploration in the...

24 May 2022

Sri Lanka’s President Gotabaya Rajapaksa Expands Cabinet Amid Economic Crisis

Sri Lanka’s President Gotabaya Rajapaksa reshuffles his cabinet amid the ongoing economic crisis that has hit the island nation, but he didn’t appoint any...

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19 May 2022
RBI Allows Settlement Of Trade Transactions With Sri Lanka In INR

RBI Allows Settlement Of Trade Transactions With Sri Lanka In INR

In March, the government had guaranteed a term loan of $1 billion extended by the SBI to Sri Lanka for financing the purchase of essential goods by the island...


15 May 2022
New Sri Lanka PM Ranil Wickremesinghe Is Country’s Best Option, But Can He Deliver?

New Sri Lanka PM Ranil Wickremesinghe Is Country’s Best Option, But Can He Deliver?

Protestors demand President Gotabaya to go, but he has won some breathing space. Much will depend on how the situation pans out.


15 May 2022
Gotabaya Rajapaksa Urges Lawmakers To Work Together For Sri Lanka’s Crisis Solution

Gotabaya Rajapaksa Urges Lawmakers To Work Together For Sri Lanka’s Crisis Solution

Sri Lanka: Newly-appointed Prime Minister Ranil Wickremesinghe also issued a message on the occasion, stressing that the commitment to restore the lives of the...


15 May 2022
What India Can Learn From Sri Lankan Economic Crisis

What India Can Learn From Sri Lankan Economic Crisis

While India has extended a helping hand to the island country, there could be trouble brewing in its own backyard with economists and public policy experts...


14 May 2022
Sri Lanka: Ruling SLPP Party To Support PM Wickremesinghe To Become A Majority In Parliament

Sri Lanka: Ruling SLPP Party To Support PM Wickremesinghe To Become A Majority In Parliament

The 73-year-old United National Party (UNP) leader was appointed as Sri Lanka's 26th prime minister on Thursday as the country was without a government since...


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12 May 2022
People’s Power In Sri Lanka: Goal Is To Overhaul The Corrupt System

People’s Power In Sri Lanka: Goal Is To Overhaul The Corrupt System

Political awakening of the masses can change things around for Sri Lanka. But can people sustain the momentum and bring about reforms?


12 May 2022
Sri Lanka: Opposition Leader Ranil Wickremesinghe Appointed As New Prime Minister 

Sri Lanka: Opposition Leader Ranil Wickremesinghe Appointed As New Prime Minister 

The 73-year-old United National Party (UNP) was appointed as the prime minister by President Gotabaya Rajapaksa after they held closed-door discussions on...


11 May 2022
Sri Lankan President Gotabaya Rajapaksa To Appoint New PM This Week

Sri Lankan President Gotabaya Rajapaksa To Appoint New PM This Week

While addressing the nation, President Gotabaya said that after appointing the new Prime Minister and Government, a constitutional amendment will be moved to...


11 May 2022
Sri Lanka Economic Crisis: Central Bank Chief Threatens To Resign Amid Political Unrest

Sri Lanka Economic Crisis: Central Bank Chief Threatens To Resign Amid Political Unrest

Sri Lanka’s worst economic crisis has provoked widespread protests calling for political reform and the resignation of President Gotabaya Rajapaksa.


10 May 2022
Sri Lanka: Defence Ministry Issues Shoot-At-Sight Order  Amid Escalating Crisis

Sri Lanka: Defence Ministry Issues Shoot-At-Sight Order Amid Escalating Crisis

Sri Lanka’s Defence Secretary General (Retd) Kamal Gunaratne on Tuesday urged protestors to exercise calm and not resort to violence. He warned if looting...


10 May 2022
Sri Lanka: Former PM Mahinda Rajapaksa Faces Calls For Arrest As Violence Claims Eight Lives

Sri Lanka: Former PM Mahinda Rajapaksa Faces Calls For Arrest As Violence Claims Eight Lives

Mahinda Rajapaksa has been accused by the Opposition of inciting the ruling party mobs to attack peaceful protesters by making a defiant speech while...


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09 May 2022
Sri Lanka Crisis: Ruling Party MP, His Bodyguard Killed In Clashes With Protesters

Sri Lanka Crisis: Ruling Party MP, His Bodyguard Killed In Clashes With Protesters

Supporters of the government attacked anti-government protesters on Monday, injuring 174, leading to a nationwide indefinite curfew.


09 May 2022
Sri Lankan PM Mahinda Rajapaksa Resigns Amid Nationwide Curfew, Army Deployment

Sri Lankan PM Mahinda Rajapaksa Resigns Amid Nationwide Curfew, Army Deployment

Earlier on Monday, Mahinda's supporters attacked anti-government protesters, injuring 78 people and leading to a nationwide curfew.


09 May 2022
Sri Lanka Crisis: 23 People Injured After Mahinda Rajapaksa Supporters Attack Anti-Govt Protestors

Sri Lanka Crisis: 23 People Injured After Mahinda Rajapaksa Supporters Attack Anti-Govt Protestors

Sri Lankan PM Mahinda Rajapaksa, 76, under intense pressure from within his own Sri Lanka Podujana Peramuna (SLPP) ranks to resign, was gathering his...


08 May 2022
Gotabaya Rajapaksa Seeks To End Deadlock In Sri Lanka, Says Will Consider Bar’s Proposals

Gotabaya Rajapaksa Seeks To End Deadlock In Sri Lanka, Says Will Consider Bar’s Proposals

Sri Lanka Crisis: The lawyers’ body on Saturday urged the President Gotabaya Rajapaksa to repeal a state of emergency, which was imposed after a general...


07 May 2022
Sri Lanka: Why Emergency May Fuel Violence And More Ire Against Rajapaksas

Sri Lanka: Why Emergency May Fuel Violence And More Ire Against Rajapaksas

India which is reaching out to Colombo must make it clear that the help it is extending is to help the people and not to bail out President Gotabaya Rajapaksa....


07 May 2022
Sri Lankan Crisis: PM Rajapaksha Under Pressure To Resign, President Faces Flak For Announcing Emergency

Sri Lankan Crisis: PM Rajapaksha Under Pressure To Resign, President Faces Flak For Announcing Emergency

Sri Lankan Prime Minister Mahinda Rajapaksa has repeatedly defied calls to quit while his brother President Gotabaya Rajapaksha has come under fire for...


06 May 2022
 Sri Lankan President Gotabaya Rajapaksa Declares State Of Emergency

 Sri Lankan President Gotabaya Rajapaksa Declares State Of Emergency

President Rajapaksa’s decision was to ensure public security and maintain essential services so as to make sure a smooth functioning of the country, the...


06 May 2022
Sri Lanka Crisis: Trade Unions Strike Demanding President Gotabaya's Resignation Cripple The Country

Sri Lanka Crisis: Trade Unions Strike Demanding President Gotabaya's Resignation Cripple The Country

The protesters are demanding the resignation of the government for failure in tackling the country's worst financial crisis.


03 May 2022
India Extended Economic Assistance Of Over $3 Billion To Debt-Ridden Sri Lanka In 2022

India Extended Economic Assistance Of Over $3 Billion To Debt-Ridden Sri Lanka In 2022

On Monday, India had extended its current credit line by a further $200 million to replenish Sri Lanka’s rapidly depleting fuel stocks.  


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