Following detailed negotiations between the two nations, India has decided to extend the $1 billion credit line for Sri Lanka that is in the midst of an economic crisis. India decided to extend the ...

Gotabaya Rajapaksa’s final action as Sri Lanka president last week was to cling to power just long enough so that he could find a country that would accept him in exile. In the dead of night, a Sri ...

COLOMBO, April 2, 2024—Sri Lanka’s economy is projected to see moderate growth of 2.2% in 2024, showing signs of stabilization, following the severe economic downturn of 2022. But, the country still ...

The International Monetary Fund is lending Sri Lanka $3bn (£2.4bn) to help it deal with its worst economic crisis in its history as an independent nation. Soaring prices, shortages of essential goods ...

Sri Lanka Economic Crisis: The already skyrocketing prices of eatables in Sri Lanka are touching new highs with each passing day, making it impossible for most of the people in crisis-hit country to ...

Sri Lanka Economic Crisis: Gross domestic product probably fell 10% in the three months to June from a year ago, according to a Bloomberg survey of economists. Sri Lanka’s economy likely shrank the ...

COLOMBO, Aug 22 (Reuters) - Sri Lanka's cabinet approved issuing free tourist visas to visitors from 35 countries including China, India and Russia, a top official said on Thursday, in an effort to ...

With its president fleeing amid widespread protests, Sri Lanka has been plunged deeper into an ever spiraling political crisis. It’s easy to forget in this meltdown, but the economic turmoil that has ...

Human rights in Sri Lanka remain at serious risk in the face of security force abuses committed with impunity and an economic crisis that reduced the living standards of millions. To silence dissent, ...

Sri Lanka’s central bank chief said the government has shared the terms of a $4.2 billion China debt deal with other creditors — a key sticking point with countries like India — paving the way for ...

NEW DELHI :Sri Lanka has no immediate plans to import liquefied natural gas (LNG) from India, as the required infrastructure including storage facilities is yet to be built, the country’s energy ...

A week after national elections, Sri Lanka’s new government has started to reassess some flagship projects initiated by former president Mahinda Rajapaksa involving the construction of a ...