An Indian ship laden with urgent relief supplies like rice, medicines and milk powder for the people of crisis-hit Sri Lanka is scheduled to reach Colombo on Sunday, the Indian High Commission said
Regulatory nod only for State Bank of India's term loan of $1 billion for island nation battling economic crisis.
Prime Minister has said the nation is working to obtain dollars in the open market to also pay for three ships with crude oil.
President Gotabaya Rajapaksa pledges to form a new government to end political instability.
Mahinda Rajapaksa stepped down on Tuesday and his brother, the president, gave sweeping powers to the police for enforcing order.
India on Tuesday said it is "fully supportive" of Sri Lanka's democracy, stability and economic recovery, a day after the island nation's Prime Minister Mahinda Rajapaksa quit amid massive protests
Tamil Nadu Chief Minister MK Stalin on Tuesday appealed to people to contribute to the humanitarian relief material to be sent to the people of Sri Lanka in their economic crisis situation.Earlier on Monday, Stalin thanked the External Affairs Minister S Jaishankar for accepting Tamil Nadu's request on supplementing India's humanitarian aid to Sri Lanka, an island nation gripped by a severe economic crisis.Tamil Nadu Assembly had passed a resolution seeking permission to supply rice and essential medicines as an aid to Sri Lanka. Responding to that, Jaishankar said that Tamil Nadu Government's assistance can supplement what is being provided by the government of India and informed that Sri Lanka prefers inclusive distribution.Taking to Twitter, Stalin had written, "A personal thanks to Hon'ble @DrSJaishankar for accepting Tamil Nadu's request to help the people of Sri Lanka. I am sure that this humane gesture will be greatly welcomed by all and help to improve the warmth and ...
India has extended the duration of the $400-million currency swap facility which had been concluded with the island nation in January.
India on Thursday said it has delivered one more consignment of 40,000 MT of diesel to Sri Lanka under the Indian credit line to help ease the acute power crisis in the island nation.
India and Sri Lanka have resumed talks on linking their electricity grids, officials told Reuters
Island nation largest orthodox tea supplier, exporting over 95% of its production, according to ICRA report
Sri Lanka, hit by its worst economic crisis since independence and on the brink of its first debt default, has been asking friendly nations including India and China for credit lines, food and energy
With the arrival of four more Sri Lankan Tamils into the state, the Tamil Nadu government is preparing itself for more refugees hitting the shores of the state.
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International Monetary Fund (IMF) data shows the economy's net international reserves have been negative since December last year
The country of 20 million people is suffering its worst economic crisis in decades, short supply of fuel resulting in hours-long power cuts every day
This is because there's no demand for Indian goods at present, except for essential items that India is supplying under humanitarian grounds
The official, speaking on the condition of anonymity, said the forces would likely be redirected towards eastern Ukraine, but it was still not confirmed
The enraged public has been demanding the resignation of President Gotabaya Rajapaksa.
Travel firms and hotels say they have not recorded cancellations, but the island declaring a national emergency is worrying for business.