Business Standard

Page 17 - Sri Lanka

Sri Lanka's Central Bank Governor resigns amid economic crisis

The country is witnessing protests over the government's handling of the worst economic crisis in decades.

Sri Lanka's Central Bank Governor resigns amid economic crisis
Updated On : 04 Apr 2022 | 1:04 PM IST

Sri Lankan president calls for unity govt to resolve economic crisis

The developments come after Gotabaya Rajapaksa declared a state of emergency on Friday, following protests over the economic hardship faced by the people of the country

Sri Lankan president calls for unity govt to resolve economic crisis
Updated On : 04 Apr 2022 | 12:51 PM IST

Sri Lanka's economic crisis deepens; cabinet ministers offer to resign

The debt-laden country is struggling to pay for imports of fuel and other essentials due to a severe shortage of foreign currency

Sri Lanka's economic crisis deepens; cabinet ministers offer to resign
Updated On : 04 Apr 2022 | 11:43 AM IST

Sri Lanka crisis: State of emergency still in place as curfew lifted

The 36-hour long curfew that was imposed on Sri Lanka on Saturday evening has been lifted on Monday morning at 6 am but the country is still under the effect of a state of emergency.The curfew was imposed on Saturday from 6 pm in accordance with the powers vested in the President under the provisions of the Public Security Ordinance following protests outside the residence of President Gotabaya Rajapaksa as the country faces its worst economic crisis since independence.Namal Rajapaksa, Sri Lanka's Minister of Sports and Youth Affairs and son of Prime Minister Mahinda Rajapaksa, has resigned from all his portfolios."I have informed the sec. to the President of my resignation from all portfolios with immediate effect, in hope that it may assist HE & PMs decision to establish stability for the people & the govt of #LKA. I remain committed to my voters, my party & the people of #Hambanthota," Namal Rajapaksa said in a tweet.The 26-member Sri Lankan cabinet submitted ...

Sri Lanka crisis: State of emergency still in place as curfew lifted
Updated On : 04 Apr 2022 | 11:19 AM IST

Time is fast running out: Former Cricketer Sangakkara on Lanka's crisis

This statement comes as the island nation is facing a foreign exchange shortage which has led to a food, fuel, power, and gas shortage

Time is fast running out: Former Cricketer Sangakkara on Lanka's crisis
Updated On : 04 Apr 2022 | 7:42 AM IST

Top headlines: Income in US on I-T radar, Sri Lanka cabinet resigns

Union Minister Piyush Goyal says people are looking at India as an emerging global superpower. More on this in our top stories.

Top headlines: Income in US on I-T radar, Sri Lanka cabinet resigns
Updated On : 04 Apr 2022 | 7:20 AM 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

Unviable populist schemes may create SL-like situation: Bureaucrats to Modi

A few senior bureaucrats raised concern to PM Modi over populist schemes announced by several states, claiming they are economically unsustainable and could take them down the same path as Sri Lanka

Unviable populist schemes may create SL-like situation: Bureaucrats to Modi
Updated On : 04 Apr 2022 | 1:42 AM IST

Sri Lankan Navy arrests 12 Indian fishermen from Tamil Nadu: Report

As many as 12 Indian fishermen from Tamil Nadu have been arrested by the Sri Lankan navy for allegedly fishing in its waters, a Fisheries official here said on Sunday.

Sri Lankan Navy arrests 12 Indian fishermen from Tamil Nadu: Report
Updated On : 04 Apr 2022 | 12:42 AM IST

Sri Lanka's PM Mahinda Rajapaksa may resign amid growing economic unrest

Sri Lanka's Prime Minister Mahinda Rajapaksa and Finance Minister Basil Rajapaksa may step down as early as Sunday as public anger builds against their economic policies

Sri Lanka's PM Mahinda Rajapaksa may resign amid growing economic unrest
Updated On : 03 Apr 2022 | 10:34 PM IST

Sri Lankan police fire tear gas at students during protest amid curfew

Sri Lankan police fired tear gas and water cannons at university students during a protest, as demands grew for appointment of an all-party interim government to address worst economic crisis

Sri Lankan police fire tear gas at students during protest amid curfew
Updated On : 03 Apr 2022 | 8:16 PM IST

Air India scales down flights to Sri Lanka due to poor demand

Sri Lanka is currently experiencing its worst economic crisis in history.

Air India scales down flights to Sri Lanka due to poor demand
Updated On : 03 Apr 2022 | 2:17 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

Sri Lanka imposes nationwide social media blackout: Internet observatory

Some two dozen social media platforms were affected including Facebook, Twitter, WhatsApp, YouTube, Snapchat, TikTok, and Instagram.

Sri Lanka imposes nationwide social media blackout: Internet observatory
Updated On : 03 Apr 2022 | 8:15 AM IST

Lanka imposes curfew as food, fuel and power shortage trigger more protests

The island wide curfew has been imposed with effect from 6 pm Saturday to 6 am Monday (April 4), the information department said.

Lanka imposes curfew as food, fuel and power shortage trigger more protests
Updated On : 03 Apr 2022 | 6:41 AM 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

Lankan Prez Rajapaksa bans appearance at public places during curfew hours

Rajapaksa issued a special gazette notification on Friday, declaring a public emergency in Sri Lanka with effect from April 1

Lankan Prez Rajapaksa bans appearance at public places during curfew hours
Updated On : 02 Apr 2022 | 11:27 PM IST

Lanka imposes curfew as food, fuel and power shortage trigger more protests

The island wide curfew has been imposed with effect from 6 pm Saturday to 6 am Monday (April 4), the information department said

Lanka imposes curfew as food, fuel and power shortage trigger more protests
Updated On : 02 Apr 2022 | 6:44 PM 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

Lanka economic crisis: Ruling coalition urges Prez to form all-party govt

Sri Lanka's former president Maithripala Sirisena's Freedom Party has called on President Gotabaya Rajapaksa to form an all-party government to tide over the worst economic crisis

Lanka economic crisis: Ruling coalition urges Prez to form all-party govt
Updated On : 02 Apr 2022 | 2:37 PM IST