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  • IMF eyes creditor assurances as it prepares Sri Lanka visit Aug 20, 2022 07:16 AM IST

    IMF eyes creditor assurances as it prepares Sri Lanka visit

    Staff from the global lender will be in Colombo from August 24 to 31, the IMF said.

  • IMF says talks with Sri Lanka to resume next week Aug 20, 2022 06:32 AM IST

    IMF says talks with Sri Lanka to resume next week

    The island nation defaulted on its $51 billion foreign debt in April and is seeking help from the International Monetary Fund after months of food, fuel and medicine shortages

  • Sri Lanka ruling party urges Ranil Wickremesinghe to facilitate return of ex-president Gotabaya Rajapaksa Aug 19, 2022 02:05 PM IST

    Sri Lanka ruling party urges Ranil Wickremesinghe to facilitate return of ex-president Gotabaya Rajapaksa

    The SLPP General Secretary Sagara Kariyawasam told reporters that the request was made at a meeting held with President Wickremesinghe on Thursday, amid reports that Rajapaksa, who fled the country last month following unprecedented anti-government protests, may return to Sri Lanka next week.

  • Crisis-hit Sri Lanka to ask Japan to open talks with main creditors, says Ranil Wickremesinghe Aug 19, 2022 06:52 AM IST

    Crisis-hit Sri Lanka to ask Japan to open talks with main creditors, says Ranil Wickremesinghe

    "Someone needs to call in, invite the main creditor nations. We will ask Japan to do it," President Ranil Wickremesinghe told Reuters in an interview, adding that he would travel to Tokyo next month and hold talks with Japanese premier Fumio Kishida.

  • IMF delegation to visit Sri Lanka this month: Central Bank Governor Aug 18, 2022 02:33 PM IST

    IMF delegation to visit Sri Lanka this month: Central Bank Governor

    Sri Lanka is in the midst of an unprecedented economic crisis that has led to severe shortages of fuel and other essentials.

  • Adani Group gets provisional approval for energy projects in Sri Lanka Aug 17, 2022 09:41 PM IST

    Adani Group gets provisional approval for energy projects in Sri Lanka

    This is the first official confirmation of the Ahmedabad-based Indian renewable energy giant’s two investments in crisis-hit Sri Lanka’s energy sector.

  • Sri Lanka faces looming food crisis with stunted rice crop Aug 16, 2022 12:30 PM IST

    Sri Lanka faces looming food crisis with stunted rice crop

    The standing paddy crop across most of this major rice growing belt is stunted for the second successive season because of the lack of fertiliser, according to farmers, a union leader and local government officials.

  • Chinese ship docks in Sri Lanka despite India, US concerns Aug 16, 2022 08:46 AM IST

    Chinese ship docks in Sri Lanka despite India, US concerns

    The Yuan Wang 5 entered the Hambantota deep sea port after securing permission to enter Sri Lankan waters on the condition it will not engage in any research, port officials said.

  • India to hand over Dornier maritime surveillance aircraft to Sri Lanka Navy Aug 15, 2022 11:39 AM IST

    India to hand over Dornier maritime surveillance aircraft to Sri Lanka Navy

    President Wickremesinghe will attend the handover ceremony, the Sri Lankan Airforce spokesman Captain Dushan Wijesinghe said.

  • India well-equipped to handle challenges: Union Minister on Colombo allowing Chinese ship to dock Aug 14, 2022 07:44 PM IST

    India well-equipped to handle challenges: Union Minister on Colombo allowing Chinese ship to dock

    Chennai Port Trust Chairman Sunil Paliwal intervened to say, India already responded strongly on the issue relating to the Chinese ship and cautioned that the "security situation of a country should not be discussed like this."

  • India's generous assistance to Sri Lanka heartening: Commonwealth Secretary General Aug 14, 2022 04:46 PM IST

    India's generous assistance to Sri Lanka heartening: Commonwealth Secretary General

    In an interview to PTI, Scotland also talked about India’s prominent role in combating the global food crisis and said that the Commonwealth is working towards bringing about a more holistic approach to ensure food security.

  • Sri Lanka says China survey ship can dock in its port Aug 14, 2022 07:11 AM IST

    Sri Lanka says China survey ship can dock in its port

    Both China and India have tried to expand their influence in Sri Lanka, which is facing its worst economic crisis in its post-independence history.

  • Moneycontrol Selects: Top stories this evening Aug 13, 2022 06:47 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game.

  • Sri Lanka gives nod for docking of Chinese research ship at Hambantota port on August 16 Aug 13, 2022 05:43 PM IST

    Sri Lanka gives nod for docking of Chinese research ship at Hambantota port on August 16

    The Chinese ballistic missile and satellite tracking ship, 'Yuan Wang 5', was earlier scheduled to arrive on Thursday and remain at the port until August 17 for replenishment.

  • Mahela Jayawardene picks Babar Azam as player who can dethrone Root as top Test batter Aug 13, 2022 01:35 PM IST

    Mahela Jayawardene picks Babar Azam as player who can dethrone Root as top Test batter

    Root has been ruling the roost at the top of the Test rankings since June, with the Englishman enjoying a fine World Test Championship, and in a rich vein of form under new coach Brendon McCullum.

  • Ousted Sri Lankan President Gotabaya Rajapaksa staying at Bangkok hotel, told not to come out for security reasons: Report Aug 12, 2022 05:46 PM IST

    Ousted Sri Lankan President Gotabaya Rajapaksa staying at Bangkok hotel, told not to come out for security reasons: Report

    According to a Friday media report, Gotabaya Rajapaksa is staying at a hotel in the centre of Thailand's capital where authorities have recommended him to stay indoors for security reasons.

  • Ousted Sri Lankan president Gotabaya Rajapaksa to stay temporarily in Thailand: PM Prayut Chan-o-cha Aug 12, 2022 06:46 AM IST

    Ousted Sri Lankan president Gotabaya Rajapaksa to stay temporarily in Thailand: PM Prayut Chan-o-cha

    Gotabaya Rajapaksa, who is currently in Singapore after fleeing Sri Lanka in July amid mass anti-government protests, is seeking refuge in Thailand as his Singapore visa runs out on Thursday.

  • Sri Lanka introduces bill to clip presidential powers Aug 10, 2022 04:04 PM IST

    Sri Lanka introduces bill to clip presidential powers

    Justice Minister Wijayadasa Rajapakshe presented the bill, which would transfer some presidential powers including those to appoint independent election commission members, police and public service officials, and bribery and corruption investigators into the hands of a constitutional council comprising lawmakers and respected non-political persons.

  • President Wickremesinghe praises Lankan Army for defending Parliament in maiden visit to Army HQ Aug 09, 2022 06:48 PM IST

    President Wickremesinghe praises Lankan Army for defending Parliament in maiden visit to Army HQ

    President Ranil Wickremesinghe praised the Sri Lankan Army on Tuesday for guarding Parliament when opposition protesters attempted to seize the building during the widespread revolt last month, saying their "timely action" maintained the country's sovereignty, democracy, and constitution.

  • Sri Lanka asks China to defer military ship visit after India protests Aug 09, 2022 06:41 AM IST

    Sri Lanka asks China to defer military ship visit after India protests

    The Yuan Wang 5 was due to arrive on Thursday at the Chinese-built and leased Hambantota port in Sri Lanka's south for five days for replenishment. It is currently sailing in the east Indian Ocean, according to Refinitiv Eikon.

  • SriLankan shares plan with government to privatise airline, claims not taken state funds for last 12 to 14 months Aug 08, 2022 05:32 PM IST

    SriLankan shares plan with government to privatise airline, claims not taken state funds for last 12 to 14 months

    SriLankan has to reduce its $850 million of debt before privatisation because investors may otherwise want the government takes on part of the debt, like in the case of Air India. It may not be easy to sell the whole of the airline, which owns the rights to the airport and landing rights on a government-to-government basis.

  • Indian Oil Company to expand operations in Sri Lanka Aug 08, 2022 05:12 PM IST

    Indian Oil Company to expand operations in Sri Lanka

    The Lanka Indian Oil Corporation (LIOC) would invest in storage tanks and other equipment while the dealers are expected to have the land and bear other infrastructure costs, Lanka IOC Managing Director Manoj Gupta said.

  • Commonwealth Games 2022: 10 from Sri Lanka contingent missing, says top official Aug 07, 2022 04:51 PM IST

    Commonwealth Games 2022: 10 from Sri Lanka contingent missing, says top official

    Officials suspect the nine athletes and a manager from the crisis-hit country want to remain in the UK, possibly to get employment.

  • Chinese embassy seeks urgent meeting with Sri Lankan authorities as Colombo seeks postponement of research ship's visit Aug 07, 2022 04:23 PM IST

    Chinese embassy seeks urgent meeting with Sri Lankan authorities as Colombo seeks postponement of research ship's visit

    The Chinese space and satellite tracking research vessel ’Yuan Wang 5’ was scheduled to dock at the Hambantota Port from August 11 to 17, weeks after Sri Lanka witnessed a major political turmoil following massive mass protests over the country’s worst economic crisis in decades.

  • Sri Lanka to hold crucial talks on formation of all-party govt to combat economic meltdown Aug 05, 2022 12:04 PM IST

    Sri Lanka to hold crucial talks on formation of all-party govt to combat economic meltdown

    Sri Lanka's newly-elected President Ranil Wickremesinghe on Wednesday invited the political parties to form an all-party government to overcome the current economic crisis as the Parliament reconvened after a seven-day adjournment.

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