Business Standard

Page 2 - India-sri Lanka

Sri Lanka's economic crisis may encourage it to strengthen ties with India

International Monetary Fund (IMF) data shows the economy's net international reserves have been negative since December last year

Sri Lanka's economic crisis may encourage it to strengthen ties with India
Updated On : 07 Apr 2022 | 3:55 PM IST

India supplies two fuel consignments to crisis-hit Sri Lanka

The country of 20 million people is suffering its worst economic crisis in decades, short supply of fuel resulting in hours-long power cuts every day

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Updated On : 07 Apr 2022 | 3:23 AM IST

Local currency trading with Sri Lanka not feasible, says govt official

This is because there's no demand for Indian goods at present, except for essential items that India is supplying under humanitarian grounds

Local currency trading with Sri Lanka not feasible, says govt official
Updated On : 05 Apr 2022 | 1:32 PM IST

LIVE: Russia has withdrawn two-third of forces near Kyiv, says US official

The official, speaking on the condition of anonymity, said the forces would likely be redirected towards eastern Ukraine, but it was still not confirmed

LIVE: Russia has withdrawn two-third of forces near Kyiv, says US official
Updated On : 04 Apr 2022 | 10:52 PM IST

Sri Lankan Cabinet resigns amid protests over economic crisis; PM to stay

The enraged public has been demanding the resignation of President Gotabaya Rajapaksa.

Sri Lankan Cabinet resigns amid protests over economic crisis; PM to stay
Updated On : 04 Apr 2022 | 6:53 AM IST

As Sri Lanka battles economic crisis, Indians rethink travel plan

Travel firms and hotels say they have not recorded cancellations, but the island declaring a national emergency is worrying for business.

As Sri Lanka battles economic crisis, Indians rethink travel plan
Updated On : 03 Apr 2022 | 10:33 PM IST

India extends credit, fuel, food to bail Sri Lanka out of economic crisis

India on Saturday delivered 40,000 MT of diesel to Sri Lanka to help ease the power crisis in the island country which is witnessing acute power cuts.

India extends credit, fuel, food to bail Sri Lanka out of economic crisis
Updated On : 03 Apr 2022 | 12:29 PM IST

With 40,000 MT fuel from India, SL looks to reduce power cut to 2 hrs

As the shipment arrived, the Ceylon Electricity Board (CEB) announced that 13-hour power cuts would now be reduced to nearly 2 hours from Sunday.

With 40,000 MT fuel from India, SL looks to reduce power cut to 2 hrs
Updated On : 03 Apr 2022 | 6:33 AM IST

40,000 MT diesel from India reaches crisis-hit Sri Lanka amid power crisis

Sri Lanka is facing an unprecedented economic and energy crisis caused due to shortage of foreign exchange

40,000 MT diesel from India reaches crisis-hit Sri Lanka amid power crisis
Updated On : 02 Apr 2022 | 5:37 PM IST

IOC unit to release 6,000 MT diesel to help ease power crisis in Lanka

Power cuts lasting over 13 hours came to be in place on Thursday, the longest cut since 1996 when a strike by the state power entity employees caused a 72-hour black out

IOC unit to release 6,000 MT diesel to help ease power crisis in Lanka
Updated On : 31 Mar 2022 | 5:21 PM IST

India, Sri Lanka ink six agreements to boost bilateral cooperation

India and Sri Lanka have signed six agreements to boost bilateral cooperation in diverse sectors like technology, fisheries and hybrid power projects, the Indian High Commission here has said

India, Sri Lanka ink six agreements to boost bilateral cooperation
Updated On : 29 Mar 2022 | 4:45 PM IST

Jaishankar offers India's help after hospital in SL suspends surgeries

The economic crisis in Sri Lanka has forced the country to give up on its primary needs including healthcare

Jaishankar offers India's help after hospital in SL suspends surgeries
Updated On : 29 Mar 2022 | 4:00 PM IST

Sri Lanka seeks additional $1-bn credit line from India: Report

Sri Lanka faces an economic crisis as it struggles to pay for essential imports of food and fuel after a 70% drop in foreign exchange reserves since January 2020

Sri Lanka seeks additional $1-bn credit line from India: Report
Updated On : 28 Mar 2022 | 3:19 PM IST

How is Sri Lanka's economic crisis affecting India?

Refugees from Sri Lanka are trickling in on India's southern shores. The effect of Sri Lanka's economic crisis is now being felt in India too. Find out how its economic condition is hitting India too

How is Sri Lanka's economic crisis affecting India?
Updated On : 28 Mar 2022 | 8:30 AM IST

TMS Ep137: Rupee-ruble trade, Sri Lanka, FMCG stocks, payment gateway

How's the rupee-ruble trade mechanism shaping up? How is Sri Lanka's economic crisis affecting India? More pain ahead for FMCG stocks? What is a payment gateway? Find all answers here

TMS Ep137: Rupee-ruble trade, Sri Lanka, FMCG stocks, payment gateway
Updated On : 28 Mar 2022 | 8:00 AM IST

Sri Lankan FM calls on PM Modi; appreciates India's economic support

PM Modi conveyed to visiting Sri Lankan Finance Minister Basil Rajapaksa that India would always stand with the island nation as it occupies a central role in New Delhi's 'neighbourhood first policy'.

Sri Lankan FM calls on PM Modi; appreciates India's economic support
Updated On : 16 Mar 2022 | 10:52 PM IST

Sri Lanka to sign $1 bn credit line with India to help pay for key imports

Sri Lanka's government last year reached out to India, among other countries, to negotiate credit lines and currency swaps

Sri Lanka to sign $1 bn credit line with India to help pay for key imports
Updated On : 15 Mar 2022 | 12:58 AM IST

Lanka set to finalise another credit line for essential items with India

Sri Lanka is set to finalise another credit facility with India for food, medicine and other essential items which would help the island nation facing the worst economic crisis in decades

Lanka set to finalise another credit line for essential items with India
Updated On : 09 Mar 2022 | 9:24 PM IST

India vs SL: Jadeja smashes 175 not out as India declare at 574 for 8

The 111-run off 27 overs during the session came at brisk pace, courtesy India's spin twins.

India vs SL: Jadeja smashes 175 not out as India declare at 574 for 8
Updated On : 05 Mar 2022 | 2:57 PM IST

Timely help from India rescues Sri Lanka from economic crisis

India in the last six months has provided assistance on several fronts to its tiny neighbour to tide over its economic crisis.

Timely help from India rescues Sri Lanka from economic crisis
Updated On : 04 Mar 2022 | 12:59 PM IST