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India, Sri Lanka May Use Indian Rupee For Economic Transactions
India and Sri Lanka are exploring the possibility of using the Indian Rupee for economic transactions and have discussed the initiative that will help in building a stronger and closer partnership through trade and investment-led measures between the two countries.
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SBI Completes First Commercial Trade In Sri Lankan Rupees
Indian lender State Bank of India on Thursday said it completed its first non-dollar transaction with Sri Lanka, by paying for exports in Sri Lankan rupees as India looks to bring
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Sri Lanka To Restart Trade Deal Talks With India, China, Thailand: Report
Sri Lanka will restart negotiations on trade pacts with India, China and Thailand after a four-hear hiatus, an official said on Thursday, as the crisis-hit country races to seal deals to help it rebuild its economy.
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Former Sri Lanka Captain Arjuna Ranatunga Ordered To Pay In Defamation Case
Ranatunga has been locked in a bitter battle with Thilanga Sumathipala, a four-time president of Sri Lanka Cricket, and the pair have regularly traded accusations of graft and match-fixing
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Lanka To Upgrade Trade Agreement With India, Days After China Ship Row
Sri Lanka will turn a free trade agreement with India into a comprehensive economic and technological partnership, President Ranil Wickremesinghe said on Friday.
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Sri Lanka President Calls For "Bilateral Agreement With Whoever We Want"
Sri Lankan President Ranil Wickremesinghe said, "There's too much of politics involved for there to be a regional trade agreement in South Asia."
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Sri Lanka’s Central Bank Warns Against Crypto Purchases Amid Chaotic Government Collapse
The Central Bank of Sri Lanka (CBSL) has issued warnings to people against buying crypto assets in light of the lack of regulatory discipline at the time. Along with the governmental crisis and national economy crash, the ongoing slump in the global crypto industry is also a matter of concern for the CBSL.
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Adani Group Figures In Sri Lanka's Parliamentary Debate On Electricity Bill
A renewable energy deal with India's Adani group figured in Sri Lanka's parliamentary debate on the Electricity Amendment bill, which was passed in Parliament on Thursday amid resistance from Opposition lawmakers and industry trade unions.
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Trade Unions Strike In Crisis-Hit Sri Lanka Asking President To Resign
A general strike crippled Sri Lanka on Thursday, as demands grew for President Gotabaya Rajapaksa and his family members to resign over the country's worst-ever economic crisis.
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No Trading Next Week In Sri Lanka's Stock Exchange Amid Crisis
In midst of the country's worst economic crisis, Sri Lanka's Colombo Stock Exchange (CSE), on Saturday has been directed to temporarily close the stock market for five days starting April 18.
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Trading Halts On Sri Lanka's Stock Exchange After Near 6% Fall In Seconds On Open
Trading was halted on Sri Lanka's stock exchange seconds after it opened Monday when the blue chip index dropped 5.92 percent following a mass cabinet resignation in the face of an economic crisis.
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Sri Lanka To Turn Off Street Lights In Deepening Economic Crisis
Sri Lanka is turning off street lights to save electricity, a minister said on Thursday, as its worst economic crisis in decades brought more power cuts and halted trading on its main stock market.
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Sri Lanka's Foreign Minister To Visit India From February 6 To 8
Sri Lanka's Foreign Minister GL Peiris is scheduled to visit India from Sunday on a three-day visit to strengthen bilateral ties including in areas of trade and connectivity.
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India vs England: Ajinkya Rahane Says Indians Don't Share All Tricks With Overseas Players At IPL
India vs England: Ajinkya Rahane said it's "very important" that Indian cricketers don't share all the tricks of the trade when they mingle with overseas players at the IPL.
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China Holds First Meeting With South Asian Countries On Covid, Poverty Relief Cooperation
China has held its first meeting with Pakistan, Afghanistan, Nepal, Sri Lanka and Bangladesh to discuss COVID-19 and poverty relief cooperation besides resuming trade and economic ties disrupted by the pandemic.
-
India, Sri Lanka May Use Indian Rupee For Economic Transactions
India and Sri Lanka are exploring the possibility of using the Indian Rupee for economic transactions and have discussed the initiative that will help in building a stronger and closer partnership through trade and investment-led measures between the two countries.
-
SBI Completes First Commercial Trade In Sri Lankan Rupees
Indian lender State Bank of India on Thursday said it completed its first non-dollar transaction with Sri Lanka, by paying for exports in Sri Lankan rupees as India looks to bring
-
Sri Lanka To Restart Trade Deal Talks With India, China, Thailand: Report
Sri Lanka will restart negotiations on trade pacts with India, China and Thailand after a four-hear hiatus, an official said on Thursday, as the crisis-hit country races to seal deals to help it rebuild its economy.
-
Former Sri Lanka Captain Arjuna Ranatunga Ordered To Pay In Defamation Case
Ranatunga has been locked in a bitter battle with Thilanga Sumathipala, a four-time president of Sri Lanka Cricket, and the pair have regularly traded accusations of graft and match-fixing
-
Lanka To Upgrade Trade Agreement With India, Days After China Ship Row
Sri Lanka will turn a free trade agreement with India into a comprehensive economic and technological partnership, President Ranil Wickremesinghe said on Friday.
-
Sri Lanka President Calls For "Bilateral Agreement With Whoever We Want"
Sri Lankan President Ranil Wickremesinghe said, "There's too much of politics involved for there to be a regional trade agreement in South Asia."
-
Sri Lanka’s Central Bank Warns Against Crypto Purchases Amid Chaotic Government Collapse
The Central Bank of Sri Lanka (CBSL) has issued warnings to people against buying crypto assets in light of the lack of regulatory discipline at the time. Along with the governmental crisis and national economy crash, the ongoing slump in the global crypto industry is also a matter of concern for the CBSL.
-
Adani Group Figures In Sri Lanka's Parliamentary Debate On Electricity Bill
A renewable energy deal with India's Adani group figured in Sri Lanka's parliamentary debate on the Electricity Amendment bill, which was passed in Parliament on Thursday amid resistance from Opposition lawmakers and industry trade unions.
-
Trade Unions Strike In Crisis-Hit Sri Lanka Asking President To Resign
A general strike crippled Sri Lanka on Thursday, as demands grew for President Gotabaya Rajapaksa and his family members to resign over the country's worst-ever economic crisis.
-
No Trading Next Week In Sri Lanka's Stock Exchange Amid Crisis
In midst of the country's worst economic crisis, Sri Lanka's Colombo Stock Exchange (CSE), on Saturday has been directed to temporarily close the stock market for five days starting April 18.
-
Trading Halts On Sri Lanka's Stock Exchange After Near 6% Fall In Seconds On Open
Trading was halted on Sri Lanka's stock exchange seconds after it opened Monday when the blue chip index dropped 5.92 percent following a mass cabinet resignation in the face of an economic crisis.
-
Sri Lanka To Turn Off Street Lights In Deepening Economic Crisis
Sri Lanka is turning off street lights to save electricity, a minister said on Thursday, as its worst economic crisis in decades brought more power cuts and halted trading on its main stock market.
-
Sri Lanka's Foreign Minister To Visit India From February 6 To 8
Sri Lanka's Foreign Minister GL Peiris is scheduled to visit India from Sunday on a three-day visit to strengthen bilateral ties including in areas of trade and connectivity.
-
India vs England: Ajinkya Rahane Says Indians Don't Share All Tricks With Overseas Players At IPL
India vs England: Ajinkya Rahane said it's "very important" that Indian cricketers don't share all the tricks of the trade when they mingle with overseas players at the IPL.
-
China Holds First Meeting With South Asian Countries On Covid, Poverty Relief Cooperation
China has held its first meeting with Pakistan, Afghanistan, Nepal, Sri Lanka and Bangladesh to discuss COVID-19 and poverty relief cooperation besides resuming trade and economic ties disrupted by the pandemic.
