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Mahinda Rajapaksa, left, and his brother Gotabaya Rajapaksa wave to supporters during a party convention held to announce the presidential candidacy in Colombo, Sri Lanka. (AP file photo)

Lawmaker: Sri Lanka president agrees to remove brother as PM

Gotabaya agreed that a national council will be appointed to name a new prime minister and Cabinet comprised of all...

30 April 2022 2:00 AM IST

$Sri Lankan university students march during a protest over the countrys worst economic crisis in decades in Colombo, Sri Lanka, Sunday, April 24, 2022. Banner in Sinhalese reads, \lower taxes and prices\ (AP/Eranga Jayawardena)$ World

Poverty in Sri Lanka to spike this year, warns World Bank

The heightened fiscal and external risks as well as the challenging political situation pose significant uncertainty to...

26 April 2022 1:32 PM IST

Sri Lankans shout slogans at the ongoing protest site against the economic crisis outside the presidents office in Colombo, Sri Lanka, Thursday, April 21, 2022. (AP)

India

India extends additional USD 500 million credit line to Sri Lanka for...

Sri Lanka has been struggling to pay for imports after its foreign exchange reserves plummeted sharply in recent times

23 April 2022 1:25 PM IST

A member of Sri Lankas opposition political party National Peoples Power waves countrys national flag as he participates in an anti-government protest rally in Colombo, Sri Lanka. (AP Photo/Eranga Jayawardena)

World

World Bank ready to provide emergency support to Sri Lanka: Report

The IMF has commended the steps already taken by the Finance Minister to mitigate the present financial situation in Sri...

20 April 2022 1:49 PM IST

Sri Lankan president Gotabaya Rajapaksa sings the national anthem of Sri Lanka during the countrys Independence Day celebration in Colombo, Sri Lanka, Feb. 4, 2022. (AP file image)

World

Sri Lanka PM Mahinda Rajapaksa proposes Constitutional amendment

Mahinda Rajapaksa intends to propose a new Constitutional Amendment to the Cabinet in order to fulfil the people's...

19 April 2022 11:41 AM IST

Protesters take part in a demonstration against the economic crisis at the entrance of the presidents office in Colombo on April 17, 2022, demanding the resignation of President Gotabaya Rajapaksa over the countrys crippling economic crisis. (ISHARA S. KODIKARA / AFP)

World

Sri Lankan President Gotabaya Rajapaksa appoints new Cabinet of 17...

The Cabinet appointment came as the island-wide protests continued to force the resignation of the president and his...

18 April 2022 12:50 PM IST

Sri Lankan auto rickshaw drivers queue up to buy petrol near a fuel station in Colombo, Sri Lanka, Wednesday, April 13, 2022. (AP Photo/Eranga Jayawardena)

India

India open to additional $2 bln aid for Sri Lanka with eye on China:...

China has extended a $1.3 billion syndicated loan and a $1.5 billion-yuan denominated swap, while negotiations are...

14 April 2022 11:31 AM IST

Sri Lankans demanding president Gotabaya Rajapaksa resign over the debt-ridden countrys worst economic crisis protest in the rain outside the presidents office in Colombo, Sri Lanka, Sunday, April 10, 2022. (AP Photo/Eranga Jayawardena)

World

Sri Lanka announces default on all external debt

The finance ministry said creditors were free to capitalise any interest payments due to them from Tuesday afternoon

12 April 2022 12:45 PM IST

Sri Lankans wait at a fuel station after spending hours to unsuccessfully buy kerosene oil in Colombo, Sri Lanka, Thursday, April 7, 2022. (AP Photo/Eranga Jayawardena)

World

Lankan fuel pumps may go dry by April end; India's credit line...

People have been protesting for weeks over lengthy power cuts and shortage of gas, food and other basic goods

8 April 2022 10:47 AM IST

Sri Lankan government doctors sprotest against the government near the national hospital in Colombo, Sri Lanka, Wednesday, April 6, 2022. (AP/Eranga Jayawardena)

World

US cautions its citizens against travelling to Sri Lanka

US issued the warning pointing to the fuel and medicine shortages, as well as the COVID-19 and terror threats in the...

7 April 2022 11:30 AM IST

Sri Lankans protest demanding president Gotabaya Rajapaksa resign in Colombo, Sri Lanka, Monday, April 4, 2022. (AP)

World

Sri Lanka's Opposition rejects President's invitation to join unity...

The largest opposition political party rejected the president's proposal of a unity government and termed this spate of...

5 April 2022 7:46 AM IST

Protestors hold banners and placards during a demonstration against the surge in prices and shortage of fuel and other essential commodities in Colombo on April 3, 2022. (Ishara S. KODIKARA / AFP)

World

Sri Lanka's Cabinet of Ministers resigns, as country faces its worst...

Political experts said the ministers came under intense pressure from the public over the govt's alleged mishandling of...

4 April 2022 10:39 AM IST