Page 24 - Sri Lanka

Have not yet received President's resignation: Lankan parliament speaker

Parliament Speaker Mahinda Yapa Abeywardena said has not the resignation letter of the embattled President who departed from Sri Lanka hours before he was expected to resign

Sri Lankan President Rajapaksa flees to Maldives in military aircraft

Rajapaksa landed at the Velana International Airport in the Maldives early Wednesday

President Gotabaya Rajapaksa flees Sri Lanka amid economic crisis

The president of Sri Lanka fled the country, days after protesters stormed his home and office and the official residence of his prime minister amid a three-month economic crisis

Basil Rajapaksa tries to flee Sri Lanka, stopped from boarding flight

Sri Lanka's former finance minister Basil Rajapaksa, who is the youngest brother of President Gotabaya Rajapaksa, was stopped from boarding a flight to Dubai on Monday evening, local media reported

Sri Lanka's situation is very sensitive, very complicated: EAM Jaishankar

The Minister said New Delhi's commitment and support is for the friendly people of the island nation and it wanted to help them to go through a very difficult phase of their life.

Trading gains

Rupee settlement will increase flexibility

News LIVE: Heavy rains lash Mumbai leading to water logging, traffic snarls

From coronavirus updates to Sri Lanka crisis, catch all the latest developments from across the globe here

Sri Lanka Prez Rajapaksa tries to flee but airport staff block his exit

Sri Lankan President Gotabaya Rajapaksa, who is due to resign from his post on Wednesday, was stopped from fleeing the crisis-hit nation as airport immigration staff blocked his exit

Sri Lankans turn to bicycles amid fuel shortage, skyrocketing prices

The economic crisis which is the worst in Sri Lanka's history has prompted an acute shortage of essential items like fuel

Neighbours, Russia can help convert 16.38% of India's trade into rupees

The rupee's use in trade settlement would help the RBI in conserving foreign exchange. India's forex reserves have fallen by more than Rs 1 trillion since the outbreak of the Russia-Ukraine war

Sri Lanka's win in 2nd Test pushes them to third in WTC standings

Sri Lanka's massive victory over Australia in the second Test at Galle has had major ramifications on the ICC World Test Championship (WTC) standings

Sri Lanka crisis: UN calls for dialogue to ensure smooth govt transition

United Nations Secretary-General Antonio Guterres on Tuesday called for dialogue to ensure a smooth transition of government in Sri Lanka and find sustainable solutions to the economic crisis."I stand in solidarity with the people of Sri Lanka & call for dialogue to ensure a smooth transition of government & to find sustainable solutions to the economic crisis," Guterres tweeted."I condemn all acts of violence and call for those responsible to be held accountable," he added.On Monday, the Deputy Spokesperson for the Secretary-General, Farhan Haq said that the UN Secretary was closely following the developments in Sri Lanka, and stands in solidarity with the country.Notably, Sri Lanka's President Gotabaya Rajapaksa on Saturday agreed to step down from his post. He said that he will step down from the presidency on July 13 amid economic and political instability. On Monday, Sri Lanka's speaker of parliament said political party leaders have decided to elect a new president .

Sri Lanka's fallen Rajapaksa dynasty is already planning its next comeback

In a recent interview at the ruling party's office in Colombo, which was vandalized by a mob during the May 9 violence, Namal said that Gotabaya "should complete his term and then go"

Lanka central bank chief to stay in job; new Prez to be elected on July 20

Governor P. Nandalal Weerasinghe, who has been holding bailout talks with the IMF since taking office in April, had told reporters in May he could resign if there was no political stability

RBI allows settlement in rupee to settle trade with Russia, Sri Lanka

Exchange rate of two trading partners may be market determined, says central bank

Saving Sri Lanka

India will have to take the lead

Sri Lankan President meets country's defence chiefs amid political unrest

Amid the political and economic unrest in Sri Lanka, President Gotabaya Rajapaksa met with the tri-force commanders and the Chief of Defence staff, local media reported.Rajapaksa who was aboard a tri-force naval vessel within the territorial waters of Sri Lanka following the July 9 protest, returned back to land on Monday and met the tri-force commanders and Chief of Defense staff in the morning, reported Daily Mirror.Sri Lankan protesters broke into Prime Minister Ranil Wickremesinghe's private residence on Saturday and set it on fire, angered by the unprecedented economic crisis. The protestors also took control of the President's house and turned it into a tourist hub.Earlier, on Saturday, Speaker Mahinda Yapa Abeywardena announced in a press conference that President Rajapaksa will resign from his post on July 13. Several journalists were also attacked by the security forces after which more protestors gathered in the area.Prime Minister Wickremesinghe also announced to step down .

Sri Lanka's Parliament to elect a new President on July 20, says Speaker

Sri Lanka, which is completely bankrupt and embroiled in a political crisis virtually with no leader, had decided to elect a new President from the Parliament on July 20.

President Rajapaksa has not left Sri Lanka, clarifies Speaker's office

Sri Lanka's President Gotabaya Rajapaksa is still in the country, Parliament Speaker Mahinda Yapa Abeywardena's office said, dismissing media reports that the embattled leader may have fled SL

Sri Lankan Parliament to elect new President next week, says Speaker

The Sri Lankan Parliament will elect the new president to succeed Gotabaya Rajapaksa on July 20, Speaker Mahinda Yapa Abeywardena announced on Monday. The decision was taken during a crucial all-party leaders meeting held earlier in the day. President Rajapaksa is yet to resign formally, however, he informed the Speaker on Saturday that he will quit on July 13. Prime Minister Ranil Wickremesinghe also said that he will step down after a new government is formed. After receiving Rajapaksa's resignation on Wednesday, Parliament will convene on July 15 to announce the vacancy and will reconvene on July 19 to accept the nominations for the post, Speaker Abeywardena said. A parliamentary ballot will be held on July 20 to elect the new president, he said. Rajapaksa agreed to bow down to the party leaders' request to resign following the popular uprising on Saturday. Under the Sri Lankan Constitution, if both the president and prime minister resign, the Speaker will serve as acting pres