Sri Lanka PM resigns as crisis deepens; ruling party MP killed in violent clashes

NEW DELHI: Amid the country facing its worst economic crisis since independence, Sri Lankan PM Mahinda Rajapaksa tendered his resignation on Monday. Effective immediately I have tendered my resignation as Prime Minister to the President. අගමැති ධූරයෙන් ඉල්ලා අස්… https://t.co/3iHTPdngE0— Mahinda Rajapaksa (@PresRajapaksa) 1652095974000The development came on the day, the Sri Lankan police imposed a … Read more

Sri Lanka crisis: Prime Minister Mahinda Rajapaksa says he is ready to make ‘any sacrifice’ for the people

COLOMBO: Mahinda Rajapaksa on Monday said he is ready to make “any sacrifice” for the people amidst reports that the Sri Lankan Prime Minister may offer to stand down, as pressure mounts on the embattled government led by his younger brother and President Gotabaya Rajapaksa to form an interim administration to overcome the worst economic … Read more

India extends duration of USD 400 million currency swap facility with Sri Lanka

COLOMBO: In an “unstinted and multi-faceted support” to Sri Lanka which is grappling with its worst-ever economic crisis, India has extended the duration of the $400 million currency swap facility which had been concluded with the island nation in January. This was the first extension of an international debt instrument to Sri Lanka after the … Read more