Gautam Adani meets Sri Lankan President Ranil Wickremesinghe, proposes green hydrogen project Adani met visiting Sri Lankan President Ranil Wickremesinghe to discuss ongoing projects and the new venture. 2 years agoJuly 21, 2023
Amid signs of recovery, Sri Lanka draws up calendar of events in 75th year of Independence Sri Lanka or Ceylon as it was known during the British era, threw off the colonial yoke in 1948 to… 2 years agoJuly 21, 2023
Sri Lankan President Ranil Wickremesinghe to visit India to further cement bilateral ties This will be Wickremesinghe’s first visit to India after being appointed President of the cash-strapped country last year following the… 2 years agoJuly 20, 2023
Sri Lanka eyeing another shot at WTC final in Pakistan tests “We had a pretty good campaign in the last World Test Championship and at one point we had a chance… 2 years agoJuly 15, 2023
Sri Lanka not averse to using Indian rupee as common currency: President Wickremesinghe Sri Lanka used the Indian credit lines to import essentials and fuel as the country was gripped in forex shortages… 2 years agoJuly 15, 2023
India says it will continue to support Sri Lanka in overcoming its financial crisis India in January this year became the first country to hand over its letter of support for financing and debt… 2 years agoJuly 9, 2023
Sri Lanka cuts key rates as expected; more cuts seen by year-end The Central Bank of Sri Lanka (CBSL) cut its standing deposit facility rate (SDFR) and standing lending facility rate (SLFR)… 2 years agoJuly 6, 2023
Sri Lanka parliament approves domestic debt restructuring plan The plan passed with a majority of 122 votes in the 225-member parliament. 2 years agoJuly 1, 2023
World Bank approves $700 million for crisis-hit Sri Lanka About $500 million of the funds will be allocated for budgetary support while the remaining $200 million will be for… 2 years agoJune 29, 2023
Would not allow Sri Lanka to be used as base for threats against India: President Wickremesinghe Wickremesinghe, who was on an official visit to the UK and France, made the comments during an interview with France’s… 2 years agoJune 27, 2023
Indian naval submarine and Pakistani ship visit Sri Lanka at same time The Indian High Commission said its operational visit is to commemorate the ninth edition of International Day of Yoga (IDY)… 2 years agoJune 19, 2023
Adani Group’s wind power project in Sri Lanka to be ready by December 2024: Energy minister Adani Green Energy was issued provisional approval for two wind projects of 286 MW in Mannar and 234 MW in… 2 years agoJune 13, 2023
Sri Lanka lifts import restrictions on 286 items as economic woes eases Sri Lanka has lifted import restrictions on nearly 300 items with immediate effect, the Finance Ministry announced on Saturday, in… 2 years agoJune 10, 2023
Sri Lanka President urges party unity to handle economic crisis The economic challenges faced by the country ten months ago as an “unprecedented situation in history,” Wickremesinghe, also the debt-ridden… 2 years agoJune 3, 2023
Sri Lanka economy shows ‘tentative signs of improvement’: IMF These remarks were made by International Monetary Fund Deputy Managing Director Kenji Okamura on Thursday at the end of his… 3 years agoJune 2, 2023
Sri Lanka cuts rate first time in 3 years as inflation cools The Central Bank of Sri Lanka lowered the standing lending facility rate to 14% from 16.5%, according to a statement… 3 years ago
India extends USD 1 bn credit line to Sri Lanka for another year Since last year, the credit facility has been used for urgent procurement of fuel, medicine, food items and industrial raw… 3 years agoMay 30, 2023
Sri Lanka’s foreign reserves improve from USD 50 mn last year to USD 2.69 bn this March: Central Bank Sri Lanka was then thrown a lifeline with an Indian line of credit worth USD 4 billion which paid for… 3 years agoMay 5, 2023
Sri Lanka Snap Election: President Dissanayake’s Marxist-leaning coalition wins parliamentary majority
