Search For "credit line"
Sri Lanka seeks another USD 500mn credit from India for fuel
Updated : 3 years, 12 months ago IST
Colombo [Sri Lanka], May 31 (ANI): Amid the continuing economic crisis in the country, Sri Lanka is in talks with India for another credit line of USD 500 million for fuel imports.
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India rubbishes report of Sri Lanka using Line of Credit to import water c
Updated : 4 years ago IST
Colombo [Sri Lanka], May 7 (ANI): The Indian embassy in Sri Lanka on Saturday rubbished the reports suggesting that the Sri Lankan government used the Line of Credit (LoC) extended by India during the ongoing crisis to import a water cannon vehicle.
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People in Sri Lanka express gratitude to India for helping in need of hour
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 9 (ANI): As India continues to provide much-needed fuel in Colombo, people in Sri Lanka continue to express gratitude to its neighbouring country for helping in need of the hour.
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Sri Lanka to exhaust USD 500 million Indian fuel credit line by April end
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 8 (ANI): The USD 500 million credit line provided by India for fuel will be exhausted after the delivery of another 120,000 tons of diesel and 35,000 tons of petrol to Sri Lanka in the remaining period of this month.
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Over 270,000 MT of fuel delivered to Sri Lanka under Indian credit line
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], April 6 (ANI): India has supplied over 270,000 MT fuel to Sri Lanka so far to help ease the power crisis in the island country which is witnessing acute power cuts.
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India extends credit line, fuel, food to bail Sri Lanka out of economic cr
Updated : 4 years, 1 month ago IST
New Delhi/Columbo [India/Sri Lanka], April 3 (ANI): Sri Lanka is reeling under a deep economic crisis as the country's foreign reserves have been depleted and the Rajapaksa government is struggling to pay for the import of fuel.
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Sri Lankan President thanks Indian govt for USD 1bn credit line
Updated : 4 years, 1 month ago IST
Colombo [Sri Lanka], March 28 (ANI): External Affairs Minister (EAM) S Jaishankar called on Sri Lankan President Gotabaya Rajapaksa on Monday as part of his three-day visit to the island nation.
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India comes to Sri Lankan peoples' rescue amid worsening economic situatio
Updated : 4 years, 2 months ago IST
New Delhi [India], March 17 (ANI): The Indian government has progressed on the path of ensuring bilateral relations with its immediate neighbour Sri Lanka amid the worsening economic situation in the island nation.
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Sri Lanka signs USD 1 billion credit line with India
Updated : 4 years, 2 months ago IST
New Delhi [India], March 17 (ANI): Sri Lanka on Thursday signed USD 1 billion credit line with India for procurement of food, medicines and other essential items, amid the island nation's worsening economic crisis.
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Finance Minister holds meeting with tourism, hospitality sectors to discus
Updated : 4 years, 3 months ago IST
New Delhi [India], February 25 (ANI): Union Finance Minister Nirmala Sitharaman on Friday met with representatives from travel, tourism, and hospitality sectors to discuss various banking-related issues.
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India's gems and jewellery exports likely to reach USD 40 bn in 2021-22: P
Updated : 4 years, 3 months ago IST
New Delhi [India], February 18 (ANI): India's gems and jewellery exports are expected to reach USD 40 billion in the current financial year, Union Minister for Commerce and Industry Piyush Goyal said on Friday.
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China may seek new strategy to control Sri Lanka to counter India: Report
Updated : 4 years, 3 months ago IST
Colombo [Sri Lanka], February 16 (ANI): Amid the ongoing economic downturn in Sri Lanka, there is a flurry of diplomatic activity these days between Colombo and New Delhi, said a think tank, Policy Research Group (POREG). The think tank also stated that China may now seek a new strategy to c
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