Business Standard

Page 21 - Sri Lanka

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

Sri Lanka devalues rupee, seen as step towards IMF help

Sri Lanka's foreign reserves fell to $2.36 billion at the end of January

Sri Lanka devalues rupee, seen as step towards IMF help
Updated On : 09 Mar 2022 | 12:52 AM IST

Cracks appear in SL's coalition govt after sacking of 2 Cabinet ministers

Sri Lanka is reeling from a foreign exchange crisis with falling reserves

Cracks appear in SL's coalition govt after sacking of 2 Cabinet ministers
Updated On : 08 Mar 2022 | 12:59 AM IST

Beyond the theatre of war

No one in South Asia wants the war to continue. But some want it to end quickly more than others

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Updated On : 04 Mar 2022 | 11:27 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

Sri Lanka central bank raises interest rates as inflation worries mount

Sri Lankan central bank raised interest rates, its second straight increase, to curb growing inflationary pressures amid an ongoing foreign exchange crisis that threatens to derail domestic economy

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Updated On : 04 Mar 2022 | 10:51 AM IST

Sri Lanka central bank raises interest rates as inflation worries mount

Sri Lankan central bank raised interest rates, its second straight increase, to curb growing inflationary pressures amid an ongoing foreign exchange crisis that threatens to derail domestic economy

Sri Lanka central bank raises interest rates as inflation worries mount
Updated On : 04 Mar 2022 | 10:51 AM IST

Indian Oil Corp to supply fuels to Sri Lanka in 4-5 month deal

Indian Oil Corp (IOC) will supply 12-13 fuel cargoes to Sri Lanka to help the island nation facing an energy crisis, the Indian company said

Indian Oil Corp to supply fuels to Sri Lanka in 4-5 month deal
Updated On : 03 Mar 2022 | 5:21 PM IST

Sri Lankan economy facing mounting debt crisis, urgent reforms needed: IMF

Sri Lanka is currently reeling under a severe foreign exchange crisis with falling reserves and the government is unable to foot the bill for essential imports

Sri Lankan economy facing mounting debt crisis, urgent reforms needed: IMF
Updated On : 03 Mar 2022 | 4:00 PM IST

Fertiliser ban decimates Sri Lankan crops as government popularity dwindle

Dramatic fall in yields follows a decision last April by President Gotabaya Rajapaksa to ban all chemical fertilisers in Sri Lanka

Fertiliser ban decimates Sri Lankan crops as government popularity dwindle
Updated On : 03 Mar 2022 | 1:55 PM IST

IMF urges Sri Lanka to focus on monetary policy to tackle inflation rise

IMF said Sri Lanka needs to tighten its monetary policy to contain rising inflation, put its high debt repayments on track and reverse one of the worst financial crises the country has faced in years

IMF urges Sri Lanka to focus on monetary policy to tackle inflation rise
Updated On : 03 Mar 2022 | 6:43 AM IST

Stalin writes to PM seeking release of Indian fishermen from Lankan custody

Chief Minister M K Stalin flagged separate instances of arrest of a total of 30 fishermen, including those from neighbouring Puducherry

Stalin writes to PM seeking release of Indian fishermen from Lankan custody
Updated On : 28 Feb 2022 | 9:32 PM IST

Rohit Sharma-led Team India equal record for most consecutive T20I wins

India is currently the No.1 ranked team in the shortest format of the game.

Rohit Sharma-led Team India equal record for most consecutive T20I wins
Updated On : 28 Feb 2022 | 10:10 AM IST

8 Tamil Nadu fishermen arrested by Sri Lankan Navy off Ramanathapuram coast

Eight fishermen from Rameswaram were arrested and a mechanised boat was seized by the Sri Lankan Navy off the Ramanathapuram coast, said police on Sunday.

8 Tamil Nadu fishermen arrested by Sri Lankan Navy off Ramanathapuram coast
Updated On : 27 Feb 2022 | 10:33 AM IST

M&M Finance's looks to double AUM of Lankan venture

Company exploring entry into Bangladesh

M&M Finance's looks to double AUM of Lankan venture
Updated On : 24 Feb 2022 | 2:20 PM IST

Sri Lankan Navy arrests 22 Indian fishermen for alleged poaching

The Sri Lankan Navy has arrested 22 Indian fishermen and seized two fishing trawlers for allegedly poaching in the country's territorial waters.

Sri Lankan Navy arrests 22 Indian fishermen for alleged poaching
Updated On : 24 Feb 2022 | 12:21 PM IST

Sri Lanka halts stock trading twice amid mounting economic crisis

The stock exchange suspended trading for 30 minutes twice, first when the gauge fell 5%, then when it declined to more than 7.5%

Sri Lanka halts stock trading twice amid mounting economic crisis
Updated On : 24 Feb 2022 | 3:22 AM IST

Sri Lanka open to discussions with IMF as economic situation worsens

Sri Lanka is open to discussions with the IMF and other multilateral lenders for assistance, a cabinet spokesman said on Tuesday, as it faces its worst economic crisis in years.

Sri Lanka open to discussions with IMF as economic situation worsens
Updated On : 22 Feb 2022 | 3:31 PM IST

Lankan Tamil leaders write to Stalin, seek Centre's help for Amendment 13

Sri Lanka's Tamil National Alliance wrote to Tamil Nadu CM M K Stalin, seeking India's intervention in the implementation of the contentious 13th Amendment.

Lankan Tamil leaders write to Stalin, seek Centre's help for Amendment 13
Updated On : 21 Feb 2022 | 4:28 PM IST

Australia wins 4th Twenty20 match in a row over Sri Lanka

Player of the match Glenn Maxwell scored 48 runs from 39 balls to pace Australia to a six-wicket win over Sri Lanka

Australia wins 4th Twenty20 match in a row over Sri Lanka
Updated On : 18 Feb 2022 | 9:31 PM IST