Indian exporters have ceased their shipments to our good neighbour Sri Lanka from May 2022 citing to be the economic crisis. In India hardly any sugar is left to be exported in the current season is the view by Rahul Sheikh ,MD of Meir Commodities . “With the government putting a…
Skyrocketing prices of vegetables are burning holes in the pockets of consumers in Sri Lanka, which is grappling with its worst political and economic crisis since its independence in 1948. To make matters worse, most vegetable prices have more than doubled, while the rate of rice has increased from Rs 145 per kilogram…
Sri Lanka’s President Gotabaya Rajapaksa fled his official residence in Colombo on Saturday moments before thousands of protesters broke through police barricades and stormed the compound. Meanwhile, prime minister Ranil Wickremesinghe called an urgent meeting with his cabinet ministers after the president fled…
Troops in Sri Lanka handed tokens on Monday to people queueing for petrol amid a severe fuel shortage in the nation battling its worst economic crisis in seven decades, while schools shut in Colombo and public employees were asked to work from home. With its foreign exchange reserves at a record low, the island of 22…
Sri Lanka has approved a four-day work week for public sector workers to help them cope with a chronic fuel shortage and encourage them to grow food, the government said on Tuesday, as it struggles with its worst financial crisis in decades. The island nation, which employs about one million people in its public…
External Affairs Minister S Jaishankar Tuesday participated in the 18th BIMSTEC Ministerial Meeting in Colombo, where he emphasized India’s commitment to intensify and expand cooperation in connectivity, energy and maritime. “Participated at the 18th BIMSTEC Ministerial Meeting in Colombo today. Thank FM Prof. G.L.…
Former champions Sri Lanka can’t afford a slip-up as they will take on a confident Ireland in a tricky first round group match of the T20 World Cup in Abu Dhabi on Wednesday, with the winning side moving closer to a Super 12 spot. Both Sri Lanka and Ireland come into the match high on confidence after convincing…
Sri Lanka skipper Dasun Shanaka praised Maheesh Theekshana after the reigning champions beat Namibia by seven wickets in their ICC Men’s T20 World Cup Group A encounter at the Sheikh Zayed Stadium on Monday. Sri Lanka cruised past the 97-run total with seven wickets and 39 balls to spare after a little stutter at…
HIGHLIGHTS India won the first T20 international by 38 runs The 2nd T20I will be played on Wednesday India will eye to wrap the T20I series in 2nd T20I India might have to field a new-look batting line-up against Sri Lanka in the second T20 International match in Colombo with nine of their players are unavailable for…