Page 29 - Sri Lanka

Indian orthodox tea gets a boost as crisis impacts Sri Lankan trade

India - which has just stepped into the quality period for orthodox - is reaping the benefits of the anticipated shortfall

Sri Lanka's economy 'has collapsed,' unable to buy oil: PM Wickremesinghe

Sri Lanka has been muddling through mainly supported by $4 billion in credit lines from neighbouring India.

FM Sitharaman assures 'fullest support' for Sri Lanka's economic recovery

Finance Minister Nirmala Sitharaman has assured Sri Lanka of her "fullest support" and cooperation for its recovery from the ongoing economic crisis.

ITC's luxury project in Colombo hit by headwinds as Sri Lanka economy sinks

Company says it remains focused on completing project in expeditious manner

Indian delegation led by CEA Nageswaran to visit Sri Lanka on Thursday

The visit is consequent to the meetings held by Sri Lankan envoy in New Delhi Milinda Moragoda with External Affairs Minister S Jaishankar and FM Nirmala Sitharaman on June 20, the report said.

Indian assistance not charitable donations in Lanka crisis: Wickremesinghe

Sri Lanka's PM Ranil Wickremesinghe said that assistance provided by India are not "charitable donations" and the island nation facing severe economic crisis must have a plan to repay these loans

Sri Lanka PM says debt-laden economy 'has collapsed,' unable to buy oil

Sri Lanka's prime minister says its debt-laden economy has collapsed after months of shortages of food, fuel and electricity

Sri Lanka's economic crisis cripples once burgeoning middle class

An island nation of 22 million, Sri Lanka is hurtling towards bankruptcy after amassing $51 billion in foreign debt

Sri Lanka seals five-match ODI series in last-ball thriller vs Australia

A nation dealing with its worst economic crisis and high inflation for months had something to celebrate when Sri Lanka sealed a limited-overs cricket series victory

Inflation spirals: How are Sri Lanka, Turkey and Argentina dealing with it?

Inflation is a headache in India but a life-threatening disease in Sri Lanka, Argentina, and Turkey. Here is how their central banks are battling the necessary evil

Sri Lanka' May consumer prices soar 45.3% YoY, highest since 2015

A sharp drop in foreign exchange reserves has left the country of 22 million people struggling to pay for essential imports of food, fuel and medicine.

Australia provides emergency food assistance to crisis-hit Sri Lanka

Australia will provide a 22 million Australian dollar for emergency food assistance to economic crisis hit Sri Lanka

Sri Lankan Cabinet passes 21st Amendment aimed at cutting President's power

The 21st Amendment is expected to annul the 20A to the Constitution

Crisis-hit Sri Lanka opens IMF talks, begins a two-week shutdown

Many protesters accuse President Gotabaya Rajapaksa and his influential family of mishandling the economy

IMF holds talks in Sri Lanka as cabinet moves to cut president's powers

Sri Lanka's cabinet on Monday approved an amendment to the constitution that could reduce presidential powers, in a move to appease protesters calling for President Gotabaya Rajapaksa to quit

Sri Lankan PM Wickremesinghe hold talks with IMF team on economic programme

Sri Lankan Prime Minister Ranil Wickremesinghe on Monday held talks with a visiting IMF team on an economic programme that could be supported by the global lender's lending arrangement

Sri Lankan troops open fire to contain unrest over fuel shortages

Troops fired in Visuvamadu, 365 kilometres (228 miles) north of Colombo, on Saturday night as their guard point was pelted with stones

Indian women's cricket team arrives in Sri Lanka for limited-overs tour

The Harmanpreet Kaur-led Indian women's cricket team arrived for its limited-over tour of Sri Lanka, beginning on June 23

Sri Lanka to resume flights from Jaffna to India in July: Aviation Minister

Sri Lanka will resume flights from the northern Jaffna peninsula to India next month, Aviation Minister Nimal Siripala de Silva said, asserting the move would support the nation's tourism industry

Sri Lanka minister forced to flee as farmers protest his visit: Report

When Sri Lanka's Agriculture Minister Mahinda Amaraweera attempted to inquire, chaos broke out forcing the minister to flee the premises, the report added.