Search For "economic crisis"
Public anger against Sri Lanka government's decision on developing Colombo
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 8 (ANI): People in crisis-hit Sri Lanka are lashing out at the Port City of Colombo (PCC) project, which is being developed at an estimated USD 1.4 billion with assistance from Beijing, alleging that the government had sold out their lands to China.
Read More
India always stands for Sri Lanka like elder brother, says Roshan Mahanama
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 8 (ANI): Former Sri Lankan cricketer, Roshan Mahanama requested India to support Sri Lanka during this economic crisis and said that India has always stood with Sri Lanka like an elder brother.
Read More
Sri Lankan family of four sails to TN's Rameswaram amid severe economic cr
Updated : 3 years, 11 months ago IST
Rameswaram (Tamil Nadu) [India], April 8 (ANI): Amid a severe economic crisis in Sri Lanka, a family of four sailed all the way from the Island nation and reached Rameswaram's Dhanushkodi on Thursday night.
Read More
Indian envoy Gopal Baglay denies reports of deployment of troops in Sri La
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 8 (ANI): Gopal Baglay, India's High Commissioner of Sri Lanka on Friday has categorically denied reports of deployment of the Indian Army in an economic crisis-ridden island nation and said that it was a rumour floating around since April 1.
Read More
Sri Lanka to exhaust USD 500 million Indian fuel credit line by April end
Updated : 3 years, 11 months 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.
Read More
Amid ongoing protests multiple countries issue travel warnings for Sri Lan
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 8 (ANI): As massive protests erupted across Sri Lanka after the economic crisis, multiple countries have issued travel warnings for the island nation.
Read More
Sri Lanka appoints new central bank governor
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 7 (ANI): Amid the worst economic crisis since its independence, Sri Lanka appointed Dr Nandalal Weerasinghe as the new Governor of the country's Central Bank.
Read More
Former Governor of Central Bank of Sri Lanka barred from leaving country
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 7 (ANI): As Sri Lanka continues to face a dire economic crisis, the Colombo Magistrate's Court today issued an order preventing the former Governor of the Central Bank of Sri Lanka (CBSL) Ajith Nivard Cabraal from leaving the country.
Read More
Indian businessmen in Sri Lanka helping people cope with economic crisis
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 7 (ANI): As Sri Lanka is reeling under an economic crisis, Indian businessmen in the island nation are taking initiatives under Corporate Social Responsibility (CSR) to help the people cope with the current situation.
Read More
Former Sri Lankan Minister blames Rajapaksa family for economic woes in co
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 7 (ANI): Former Power Minister of Sri Lanka, Patali Champika Ranawaka, on Thursday said that the Rajapaksa family is fully responsible for the worst economic crisis of the island nation.
Read More
Sri Lankans protest outside Mahinda Rajapaksa's residence amid unrest
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 7 (ANI): Amid the ongoing unrest in the island nation following the economic crisis, several people on Wednesday protested outside the residence of Sri Lankan Prime Minister Mahinda Rajapaksa.
Read More
India ready to continue working with Sri Lanka for post-COVID economic rec
Updated : 3 years, 11 months ago IST
New Delhi [India], April 7 (ANI): In line with its "neighbourhood first" policy, India stands ready to continue working with Sri Lanka for rapid post-COVID economic recovery, said Ministry of External Affairs (MEA) spokesperson Arindam Bagchi on Thursday.
Read More