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Sri Lanka seeks Russian Help for Fuel Supply

July 7, 2022 Vinayak Barot

New Delhi: President Gotabaya Rajapaksa sought Russian credit facilities to import fuel to Sri Lanka in overcoming the existing economic challenges during a teleconference he had with his Russian counterpart Vladimir Putin on Wednesday, July 7. Sri Lankan President tweeted, “Had a very productive discussion with Russian President Vladimir Putin. While thanking him for all the […]

Container Cargo ship in the ocean with Birds flying

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Sri Lanka may receive diesel and petrol from India

July 4, 2022 Vinayak Barot

New Delhi: The government of India may send fuel to the island country Sri Lanka again in the next few days as a help, said the Colombo-based sources. The financial crisis has risen in India’s southern neighbor country as forex reserves slummed drastically in the last couple of months. Lanka has received more than 400,000 tonnes […]

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Sri Lanka: Fuel Halted for Private Cars, Citizens told to Stay Home

June 28, 2022 Vinayak Barot

New Delhi: In the middle of the financial crisis in the country, the government of Sri Lanka abruptly restricted fuel supplies and advised citizens to stay home. The island nation’s cabinet of ministers Monday decided to limit the distribution of fuel to essential services until July 10, spokesman Bandula Gunawardena said. “Port, health services, food transport […]

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Beijing is ready to work with New Delhi to help Sri Lanka: Zhao Lijian

June 9, 2022 Vinayak Barot

New Delhi: Not only the people of Sri Lanka and the government of the island country have noticed the help of India in its financial crisis, but the world has noted that stability and development in South Asia always remained the main priority of India. The New Delhi government has released about USD 3 billion […]

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Need $5 Billion in the next six months for essentials: Sri Lanka PM

June 7, 2022 Vinayak Barot

New Delhi: In the middle of the financial crisis in the country, the Prime Minister of Sri Lanka assumed the amount to run the island nation for the next six months. Prime Minister of Sri Lanka – Ranil Wickremesinghe said that “the country will need $5 billion over the next six months to ensure basic living […]

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Sri Lanka: PM Wickremesinghe may visit India this month

May 14, 2022 Vinayak Barot

New Delhi: New Delhi: With the hope of help, the Prime Minister of Sri Lanka, Ranil Wickremesinghe may visit India this month to meet his counterpart Prime Minister Narendra Modi in New Delhi and other delegations could discuss the financial aid provided by India, sources said. After swearing-in as Sri Lanka’s 26th prime minister on Thursday, […]

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Not sending troops to crisis-torn Sri Lanka: India

May 11, 2022 Vinayak Barot

New Delhi: The Indian High Commission (IHC) on Wednesday (May 11) dismissed speculative media allegations that New Delhi is sending troops to Colombo. The IHC stated that India firmly supports Sri Lanka’s democracy, stability, and economic recovery. Sri Lanka is in the midst of its biggest economic crisis since its 1948 independence from the United Kingdom. […]

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Sri Lanka Crisis: Curfew extended until Wednesday

May 10, 2022 Vinayak Barot

Kerala: The Presidential Media Division announced that the curfew – which was imposed on the entire country from 7.00 pm today (09) to 7.00 am tomorrow (10) in accordance with the provisions of Section 16 of the Public Security Ordinance, has been extended until 7.00 am on Wednesday (11). After Prime Minister Mahinda Rajapaksa’s resignation, […]

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Sri Lanka Economic Crisis: Fuel Pumps to Go Dry by April End

April 8, 2022 Vinayak Barot

New Delhi: Sri Lanka may run out of diesel by the end of this month with the USD 500 million line of credit extended by India for fuel purchase exhausting fast amidst the unprecedented shortage of foreign reserves, says a media report. The officials of Sri Lanka said that “fuel shipments to Sri Lanka started coming […]

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India’s ‘Neighborhood First Policy’ Benefits Sri Lanka a Lot in its Tough Time

April 7, 2022 Vinayak Barot

Vinayak Barot New Delhi: In the last few days, The people of Sri Lanka – including cricketers and political leaders – have believed that India is the only country that can help the island country come out of its financial crisis. India has provided fuel, food, and essential things to Sri Lanka in huge amounts […]