Business Standard

Page 7 - Sri Lanka

Ready to make any sacrifice for people: Lankan PM amid pressure to resign

Mahinda Rajapaksa, 76, under intense pressure from within his own party to resign, was gathering his supporters to apply counterpressure not to stand down

Ready to make any sacrifice for people: Lankan PM amid pressure to resign
Updated On : 09 May 2022 | 1:10 PM IST

Sri Lankan rights body summons top brass to explain reason for emergency

In a special Cabinet meeting on Friday, President Gotabaya Rajapaksa declared a state of emergency with effect from Friday midnight.

Sri Lankan rights body summons top brass to explain reason for emergency
Updated On : 09 May 2022 | 11:56 AM IST

Lanka's defence ministry asks people to assist in managing economic crisis

The declaration, made in an extraordinary gazette late Friday, gives Rajapaksa sweeping powers to suspend laws, detain people and seize property

Lanka's defence ministry asks people to assist in managing economic crisis
Updated On : 08 May 2022 | 11:04 PM IST

Sri Lanka in talks for $100 mn emergency funding from China-backed bank

Sri Lanka has requested foreign-exchange liquidity support for state banks from Asian Infrastructure Investment Bank.

Sri Lanka in talks for $100 mn emergency funding from China-backed bank
Updated On : 08 May 2022 | 10:53 PM IST

Live: 60 feared dead in Ukraine school bombed by Russia, governor says

Live news updates: Group of Seven leaders plan to discuss potential new penalties against Russia on Sunday.

Live: 60 feared dead in Ukraine school bombed by Russia, governor says
Updated On : 08 May 2022 | 3:31 PM IST

Aila, Amphan, Asani: Here's how different cyclones are named and why

Short and easy-to-pronounce names are helpful in rapidly and effectively disseminating detailed storm information between hundreds of scattered stations, coastal bases and ships at sea

Aila, Amphan, Asani: Here's how different cyclones are named and why
Updated On : 08 May 2022 | 12:04 PM IST

Sri Lanka cancels leave of security forces amid second emergency in 5 weeks

The crisis-hit Sri Lanka on Friday declared a state of emergency after the crippling strike and protest over the external debt for the second time in five weeks.

Sri Lanka cancels leave of security forces amid second emergency in 5 weeks
Updated On : 08 May 2022 | 7:21 AM IST

Sri Lankan govt defends imposition of emergency amid backlash from Oppn

The Sri Lankan government on Saturday defended imposing a state of emergency, saying it was required to tackle the unprecedented economic crisis plaguing the country

Sri Lankan govt defends imposition of emergency amid backlash from Oppn
Updated On : 07 May 2022 | 7:42 PM IST

Sri Lanka, IMF to start next round of technical discussions amid crisis

The International Monetary Fund (IMF) announced it will begin the next round of technical discussions with Sri Lanka from May 9-23

Sri Lanka, IMF to start next round of technical discussions amid crisis
Updated On : 07 May 2022 | 4:48 PM IST

Sri Lankan PM Rajapaksa likely to resign as economic crisis worsens

The Sri Lankan Cabinet had been informed that owing to the failure of the Prime Minister to cope with the country's ongoing economic crisis, Mahinda Rajapaksa has sought to resign from his position

Sri Lankan PM Rajapaksa likely to resign as economic crisis worsens
Updated On : 07 May 2022 | 2:19 PM IST

President Rajapaksa under fire for imposing emergency in Sri Lanka

The state of emergency gives the police and the security forces sweeping power to arbitrarily arrest and detain people

President Rajapaksa under fire for imposing emergency in Sri Lanka
Updated On : 07 May 2022 | 1:09 PM IST

Sri Lankan Bar Association urge President to revoke state of emergency

Sri Lankan Bar Association urged him to revoke the decree while pointing out that stifling public protest is not a solution to the crisis.

Sri Lankan Bar Association urge President to revoke state of emergency
Updated On : 07 May 2022 | 9:49 AM IST

Sri Lanka again put under state of emergency as economic crisis continues

Sri Lanka's government has been facing a wave of protests around the country with an increasingly furious public demanding its resignation.

Sri Lanka again put under state of emergency as economic crisis continues
Updated On : 07 May 2022 | 6:42 AM IST

Sri Lanka faces diesel shortage as economic crisis worsens: Minister

Sri Lanka is facing a shortage of diesel as the ongoing economic crisis worsens in the island country, Minister of Power and Energy Kanchana Wijesekera said on Thursday.

Sri Lanka faces diesel shortage as economic crisis worsens: Minister
Updated On : 05 May 2022 | 5:58 PM IST

DMK MPs to contribute one month's salary towards Sri Lanka aid

This follows an appeal from Tamil Nadu Chief Minister M K Stalin, also president of the ruling DMK, for donations to help the Lankan people

DMK MPs to contribute one month's salary towards Sri Lanka aid
Updated On : 05 May 2022 | 1:07 PM IST

Sri Lankan tea pickers' dreams shattered as nation faces economic crisis

The Covid-19 pandemic severed the tourism lifeline of the Indian Ocean nation, already short of revenue in the wake of steep tax cuts by the government.

Sri Lankan tea pickers' dreams shattered as nation faces economic crisis
Updated On : 05 May 2022 | 10:05 AM IST

Sri Lanka economic crisis: Usable forex reserves now down at under $50 mn

Sri Lankan Finance Minister said discussions with several countries to obtain bridging finance are underway

Sri Lanka economic crisis: Usable forex reserves now down at under $50 mn
Updated On : 05 May 2022 | 9:34 AM IST

Sri Lanka parliament meets after Opposition submits no-trust motion

Sri Lanka's Parliament on Wednesday convened for a crucial session after the main Oppn party submitted no-confidence motions against Rajapaksa for mishandling the country's worst economic crisis.

Sri Lanka parliament meets after Opposition submits no-trust motion
Updated On : 04 May 2022 | 10:53 PM IST

'We have bitten off more than what we can chew': Sri Lanka Minister Sabry

"We have bitten off more than what we can chew," debt-ridden Sri Lanka's Finance Minister Ali Sabry acknowledged before Parliament on Wednesday

'We have bitten off more than what we can chew': Sri Lanka Minister Sabry
Updated On : 04 May 2022 | 9:49 PM IST

Lankan parliament to meet for session amid opposition's no-trust motions

Opposition party SJB handed over to the parliamentary Speaker motions of no-confidence against President Gotabaya Rajapaksa and the government for mishandling the country's worst economic crisis

Lankan parliament to meet for session amid opposition's no-trust motions
Updated On : 04 May 2022 | 11:59 AM IST