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SRI LANKAN RUPEES
India, Sri Lanka collaborate to strengthen trade interactions through local currency settlement initiativesIndia and Sri Lanka are exploring ways to settle trade using their own currencies. This move aims to cut transaction costs and shield busin...- Petrol, diesel prices hiked: What are the fuel rates in Pakistan, Nepal & Bangladesh? Check latest price comparisionPetrol, diesel prices in India vs neighbour countries: After petrol and diesel prices were increased by Rs 3 per litre in India, fuel costs...
- VP Radhakrishnan to visit Sri Lanka's Nuwara Eliya, meet Indian housing project beneficiariesIndian Vice President C P Radhakrishnan concluded his Sri Lanka visit. He met beneficiaries of the Indian Housing Project in Nuwara Eliya. ...
- FM Nirmala Sitharaman appreciates SBI for successfully launching direct Lankan-Indian Rupee tradeIndia's Finance Minister, Nirmala Sitharaman, has praised the State Bank of India (SBI) for launching a direct Sri Lankan Rupee-Indian Rupe...
- In boost to trade in rupees, Bank of Ceylon opens account in Chennai branchConsequently, the bank carried out the very first transaction in Indian rupees with India through this channel, becoming the very first Sri...
- Sri Lanka aims to hike taxes in budget to soften crisisUnsustainable debt, a severe balance of payment crisis on top of lingering scars of the COVID-19 pandemic have led to a severe shortage of ...
- Sri Lanka receives more humanitarian supplies from Tamil NaduSri Lanka needs about USD 5 billion in the next six months to cover basic necessities for its 22 million people, who have been struggling w...
- Sri Lankan protestors claim they found 17.85 million rupees inside President Rajapaksa's official residenceHundreds of anti-government protesters on Saturday stormed into Rajapaksa's residence in central Colombo's high-security Fort area after br...
- Sri Lanka to take steps to stabilise economyThe government has to carefully manage resources and reduce the budget deficit as it has caused many problems across the economy, Siriwarda...
- Sri Lankan currency faces heat following currency swap with ChinaIn the wake of depleting foreign exchange reserves, Sri Lanka rupee is putting pressure on the balance of payments, The Leader reported quo...
- Asian Paints to acquire Sri Lankan firm CausewayAsian Paints did not disclose the deal size. However, it said, CPLPL reported revenue of Sri Lankan Rupee 5,630 million (approx Rs 253.60 c...
- Sri Lanka reduces duties on lower engine capacity cars, while increasing on higher onesThe tax range for such cars is expected to come down from its present tax range of 1.5-1.6 million to about 1.35 million Sri Lanka rupees, ...
- Sri Lankan Navy foils major gold smuggling bid to IndiaSri Lankan Navy yesterday arrested the two people from northern Jaffna peninsula's Madagal area as they were trying to smuggle the gold to ...
- RBI, Sri Lankan central bank agree on $1.5 billion currency swap deal: PM ModiRBI has agreed for a $1.5 billion currency swap agreement with the Sri Lankan central bank to help the island nation keep its currency stab...
- Sri Lankan Airlines buys back 43.6 pc stake from EmiratesConsolidating its hold over national carrier Sri Lankan Airlines, the Island government has bought back the entire 43.6 per cent stake it s...
- Lanka IOC turns around; posts $21.77 mn net profit for FY08LIOC, the Lankan arm of Indian Oil Corporation, has announced a net profit of 21.77 million dollars for 2007-08, a turnaround from the loss...
- Lanka IOC losses to touch $ 6.3 million every monthLanka IOC, a subsidiary of Indian Oil Corporation, is fearing losses of about 6.3 million dollars every month following the steep hike in i...
- VSNL slips despite stake sale in Sri Lankan armInternational voice and data services provider Videsh Sanchar Nigam's stock dropped 1.04 per cent to Rs 738.15 even after it sold 10 per ce...
- VSNL sells 10% in Lankan arm to Sunshine HoldingsThe Tata Group promoted VSNL, which was recently renamed Tata Communications, has sold a 10% equity stake in its Sri Lankan subsidiary, VSN...
- 'Take cue from India, support micro industries'Lauding the Indian government's sops to its small scale industries, an apex trade body here has asked the Sri Lankan administration to emul...
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