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Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisisSri Lanka's central bank enacted a significant 100 basis point policy rate hike, its largest in four years, to combat rising inflation and ...- India's exports to China rise 27 pc in Apr; imports up 20.85 pcIndia's trade with China saw significant growth in April. Exports to China surged by 27 percent, while imports increased by over 20 percent...
- US-Iran war: 'Don't want to rush' Trump says, as Tehran peace negotiations drag onPresident Donald Trump says the United States is not rushing to resolve the conflict with Iran. He described Iran's leadership as being in ...
- IMF reaches staff-level agreement on fourth review under extended fund facility with Sri LankaSri Lanka has reached a staff-level agreement with the IMF for a fourth review of its Extended Fund Facility bailout, potentially unlocking...
- India & Sri Lanka discuss early launch of UPI payment systemIndia discussed early launch of UPI payment system with Sri Lanka and supports its debt restructuring process. In October, Modi announced t...
- Indian travellers can visit Sri Lanka visa-free, stay for up to a monthThis initiative, following a Cabinet decision in October, extends to travelers from other key countries, including China, Russia, Malaysia,...
- Sri Lanka holds crucial debt restructuring talks with creditorsSri Lanka held talks with the International Monetary Fund on October 16 on the release of a USD 2.9 billion rescue package by the Fund, the...
- IMF in preliminary agreement with Sri Lanka for $2.9 billion loanSri Lanka needs to restructure nearly $30 billion of debt, and Japan has offered to lead talks with the other main creditors, including Ind...
- Chinese embassy seeks urgent meeting with Sri Lankan authorities as Colombo seeks postponement of research ship's visitThe Chinese embassy in Colombo sought an urgent meeting with the higher Sri Lankan authorities to discuss the issue after receiving the not...
- Sri Lanka's Supreme Court bars overseas travel of Rajapaksa brothers till Jul 28The petitioner had claimed that these persons were directly responsible for the unsustainability of Sri Lanka's foreign debt, its debt defa...
- Sri Lanka's speaker seeks President Rajapaksa's resignation; says other options to be consideredOn Wednesday, the Parliament Speaker said that the President in a telephone conversation had informed that he would tender his letter of re...
- India's trade with Sri Lanka 'at standstill,' say Indian exportersThe country, with an acute foreign currency crisis that resulted in foreign debt default, had announced in April that it is suspending near...
- Sri Lanka's state-owned TV goes off air as protesters storm buildingMeanwhile, the anti-government protesters, who are demanding the resignation of President Gotabaya Rajapaksa and Prime Minister Ranil Wickr...
- India dismisses reports about sending troops to Sri LankaIn its first reaction to the massive political turmoil in Colombo, India on Sunday said it stands with the Sri Lankan people in their aspir...
- Technical level discussions with Sri Lanka will continue: IMFSri Lanka is hoping for a Rapid Finance Instrument (RFI) facility as well as a larger Extended Fund Facility (EFF) from the international f...
- Events in Sri Lanka should be wake up call for India: Mehbooba MuftiMahinda Rajapaksa resigned as Sri Lanka's prime minister on Monday amid unprecedented economic turmoil in the country, hours after his supp...
- Sri Lanka ruling party dissidents brief India on political impasseSri Lanka Freedom Party (SLFP), one of the ruling Sri Lanka People's Party (SLPP) constituent parties, briefed Baglay here on Thursday, on ...
- Sri Lanka announces default on all of its $51 billion external debtSri Lanka's finance ministry said in a statement that creditors, including foreign governments, were free to capitalise any interest paymen...
- Sri Lanka turmoil: Jacqueline Fernandez extends support to island nation; Zerodha co-founder feels US may face similar crisisSri Lanka is said to be in the worst economic crisis since its independence in 1948.
- Pentagon seeks sustained engagement with Sri LankaDespite political upheaval, it is in America's interests to continue military collaboration and cooperation with Sri Lankan Forces, US Indo...
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