Business Standard

Page 8 - Sri Lanka

Sri Lanka opposition seeks no-confidence vote on Rajapaksas

Protesters on Tuesday were in the 25th day of their occupation of the entrance to the president's office, demanding the resignations of Rajapaksa family members

Sri Lanka opposition seeks no-confidence vote on Rajapaksas
Updated On : 04 May 2022 | 7:28 AM IST

SL crisis: DMK to contribute Rs 1cr; Stalin appeals to people for help

Stalin said that the Tamil Nadu government would be sending 40,000 tonnes of rice, milk powder of around 500 tonnes, and life-saving drugs to the island nation

SL crisis: DMK to contribute Rs 1cr; Stalin appeals to people for help
Updated On : 04 May 2022 | 7:15 AM IST

Sri Lanka's Opposition hands no-trust motions against President, govt

The Parliament meets today for the first of eight sittings this month

Sri Lanka's Opposition hands no-trust motions against President, govt
Updated On : 04 May 2022 | 12:30 AM IST

China to provide 300 mn yuan loan to Sri Lanka amid economic crisis

China has decided to provide a loan of 300 million yuan to Sri Lanka amidst the unprecedented economic crisis in the island nation.The total amount of emergency grants provided by China has increased to 500 million Chinese Yuan, which is USD 76 million.The Chinese Embassy in Sri Lanka, in a tweet, said that to "support Sri Lankan people at this trying times, China has decided to provide another 300 million RMB of aid to Sri Lanka for the urgently needed drugs, food and fuels etc., which increases the total emergency grant from China to 500 million RMB (approximately 76 million USD)."Currently, Sri Lanka is grappling with food and electricity shortages, affecting many people. Such an economic crisis has forced Sri Lanka to seek help from its neighboring countries to provide them with basic amenities.While Sri Lanka faces its worst economic crisis since independence, many believe that China's "debt-trap diplomacy" is behind the crisis.China has always kept its interests at the forefront

Image
Updated On : 03 May 2022 | 8:00 PM IST

Lanka govt appoints constitutional reform panel; Oppn plans no-trust vote

Sri Lanka's Opposition have decided to move no-trust motions in Parliament, even as the government announced the appointment of a Cabinet sub-committee to look into the proposal for a new Constitution

Lanka govt appoints constitutional reform panel; Oppn plans no-trust vote
Updated On : 03 May 2022 | 7:03 PM IST

Stalin appeals to people to contribute to humanitarian relief for Sri Lanka

Tamil Nadu Chief Minister MK Stalin on Tuesday appealed to people to contribute to the humanitarian relief material to be sent to the people of Sri Lanka in their economic crisis situation.Earlier on Monday, Stalin thanked the External Affairs Minister S Jaishankar for accepting Tamil Nadu's request on supplementing India's humanitarian aid to Sri Lanka, an island nation gripped by a severe economic crisis.Tamil Nadu Assembly had passed a resolution seeking permission to supply rice and essential medicines as an aid to Sri Lanka. Responding to that, Jaishankar said that Tamil Nadu Government's assistance can supplement what is being provided by the government of India and informed that Sri Lanka prefers inclusive distribution.Taking to Twitter, Stalin had written, "A personal thanks to Hon'ble @DrSJaishankar for accepting Tamil Nadu's request to help the people of Sri Lanka. I am sure that this humane gesture will be greatly welcomed by all and help to improve the warmth and ...

Stalin appeals to people to contribute to humanitarian relief for Sri Lanka
Updated On : 03 May 2022 | 6:43 PM IST

Lanka govt to provide cash to low income families hit by economic crisis

The Sri Lankan government announced that it will provide cash allowances ranging between Rs 3,000 and Rs 7,500 to low income families "severely affected" by the current economic crisis in the country.

Lanka govt to provide cash to low income families hit by economic crisis
Updated On : 03 May 2022 | 6:24 PM IST

Jasprit Bumrah in Sri Lankan great Jayawardene's dream T20 Top-5 picks

The Mumbai Indians head coach has also said that he would like to call on West Indian stalwart Chris Gayle if he could choose one star at their prime to join the dream T20 side.

Jasprit Bumrah in Sri Lankan great Jayawardene's dream T20 Top-5 picks
Updated On : 03 May 2022 | 10:39 AM IST

Sri Lanka extends credit line with India by $200 mn for fuel: Power Min

Colombo was also in talks with New Delhi over extending the credit line by an additional $500 million, minister Kanchana Wijesekera told a news conference.

Sri Lanka extends credit line with India by $200 mn for fuel: Power Min
Updated On : 03 May 2022 | 1:27 AM IST

Humanitarian gesture to Lanka will improve cordiality: Stalin thanks Centre

Tamil Nadu CM M K Stalin thanked the BJP-led government at the Centre for permitting humanitarian aid to the crisis-hit Sri Lanka and said the move would improve cordiality between the two countries.

Humanitarian gesture to Lanka will improve cordiality: Stalin thanks Centre
Updated On : 02 May 2022 | 7:38 PM IST

Sri Lanka: Former President Maithripala Srisena calls for fresh elections

The former president added that he could not stay at home when the people were in a state of distress with thousands of problems in the country

Sri Lanka: Former President Maithripala Srisena calls for fresh elections
Updated On : 02 May 2022 | 7:36 AM IST

Sri Lanka inflation rises to 29.8% in April from 18.7% last month

Months of lengthy blackouts and acute shortages of food, fuel and pharmaceuticals have triggered widespread protests calling for the government's resignation

Sri Lanka inflation rises to 29.8% in April from 18.7% last month
Updated On : 01 May 2022 | 11:25 PM IST

Sri Lanka wants inclusive distribution of aid: Jaishankar tells Tamil Nadu

After Tamil Nadu Assembly passed a resolution to supply rice and essential medicines as aid to Sri Lanka, Dr S Jaishankar said that state's assistance can supplement what is being provided by Centre

Sri Lanka wants inclusive distribution of aid: Jaishankar tells Tamil Nadu
Updated On : 01 May 2022 | 9:57 PM IST

Sri Lankan leaders promise to address challenges amid economic crisis

The Sri Lankan government is taking various approaches to address current challenges faced by the country, the nation's President and the PM said in their messages on the International Labour Day.

Sri Lankan leaders promise to address challenges amid economic crisis
Updated On : 01 May 2022 | 4:09 PM IST

Sri Lankan prez urges parties to set aside differences and work together

Sri Lanka's President Gotabaya Rajapaksa on Sunday appealed to the worried citizens to join hands to steer a "pro-people struggle", amidst growing demands for his government's immediate resignation

Sri Lankan prez urges parties to set aside differences and work together
Updated On : 01 May 2022 | 1:40 PM IST

Sri Lanka to ease regulations over control of foreign earnings conversion

In recent months, the central bank imposed a number of regulations forcing exporters to convert their US dollars within a set period of time to bolster Sri Lanka's foreign reserves

Sri Lanka to ease regulations over control of foreign earnings conversion
Updated On : 30 Apr 2022 | 4:21 PM IST

Sri Lanka's powerful Buddhist clergy threatens to issue anti-govt decree

The Buddhist clergy has decided to come out to press for the resignation of Prime Minister Mahinda Rajapaksa to make way for an interim government

Sri Lanka's powerful Buddhist clergy threatens to issue anti-govt decree
Updated On : 30 Apr 2022 | 1:51 PM IST

Inflation in Sri Lanka rises 29.8% in April amid crisis: Central bank

This increase was driven by the monthly increases in both food and non-food categories, according to the central bank on Friday

Inflation in Sri Lanka rises 29.8% in April amid crisis: Central bank
Updated On : 30 Apr 2022 | 10:26 AM IST

President Rajapaksa agrees to remove brother as Sri Lankan PM: Lawmaker

Sri Lanka's president has agreed to replace his older brother as prime minister in a proposed interim government to solve a political impasse, a prominent lawmaker said Friday.

President Rajapaksa agrees to remove brother as Sri Lankan PM: Lawmaker
Updated On : 30 Apr 2022 | 12:39 AM IST

Sri Lankan central bank says all creditors will be treated equally

Sri Lanka has already missed coupon repayments on some of its bonds and its bailout discussions with the IMF include a possible bridge loan, Governor Nandalal Weerasinghe said

Sri Lankan central bank says all creditors will be treated equally
Updated On : 29 Apr 2022 | 11:21 PM IST