Sri Lanka Crisis

Sri Lanka’s President Gotabaya Rajapaksa is still in the country, Parliament Speaker Mahinda Yapa Abeywardena’s office said on Wednesday, noting that media speculation that the embattled leader may have fled the country sparked due to a…

Amid a major political crisis in Sri Lanka, the Indian Coast Guard has deployed its hovercrafts, aircraft and patrol boats to step up the vigil on the maritime border with the island nation to prevent any possible influx of refugees or…

India on Sunday handed more than 44,000 metric tonnes of urea under a credit line extended to crisis-ridden Sri Lanka, as part of New Delhi's ongoing efforts to support the island nation's farmers and help bolster bilateral cooperation…

Sri Lanka’s Parliament Speaker Mahinda Yapa Abeywardena on Saturday asked President Gotabaya Rajapaksa and Prime Minister Ranil Wickremesinghe to resign immediately to make way for an all-party government after the country witnessed its…

India has again extended assistance to Sri Lanka and will send two ships each of diesel and petrol to the neighbouring nation facing an acute shortage of fuel. One ship is expected in Sri Lanka between July 13 and 15 and another between…

The Mundra port has emerged as the costliest port globally for standard containers for the first time this year, as Indian ports benefit from the disruptions caused at Colombo owing to the Sri Lankan crisis. It was the third most costly…

COLOMBO: Sri Lanka's prime minister says the island nation's debt-laden economy has “collapsed” as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities and already defaulting on its debt, it…

An Indian government delegation led by Chief Economic Advisor V. Anantha Nageswaran will arrive here on Thursday to assess Sri Lanka's economic conditions and examine whether another tranche of financial package needs to be disbursed to…

Referring to economic crisis in Sri Lanka, a Reserve Bank article on Thursday said states are showing warning signs of building stress, and the 5 most indebted ones -- Punjab, Rajasthan, Bihar, Kerala and West Bengal -- need to take…