Tag: Sri Lanka
Rupee Closer To Replacing Dollar As 18 Nations Agree To Trade In INR
New Delhi: Indian rupee is edging closer to becoming an international currency with more and more countries working to de-dollarise global trade. Several nations have expressed interest in facilitating international trade in INR and to make the process smooth, India’s central bank – RBI- has… Read More
TIME TO WORRY ABOUT BANGLADESH AND WHY WE SHOULD
In May this year, Bangladesh surprised the world by extending a $200 million currency swap — effectively a loan in dollars — to help Sri Lanka tide over its foreign currency crisis. Too many saw it as a mark of Bangladesh’s economic progress. Weeks down… Read More
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FROM FOOD TO ALLOWING FLIGHTS TO LAND, HOW INDIA HAS GONE OUT OF ITS WAY FOR SRI LANKA
Sri Lanka on Wednesday declared a state of emergency after embattled President Gotabaya Rajapaksa fled the country. The latest development has come after a long line of violent protests across the country over the worst economic crisis in the nation’s history. The cash-strapped nation was… Read More
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Mahinda Rajapaksa Resigns Amid Clashes: A Look At The Rise And Fall Of Sri Lanka’s Embattled Leader
Prime Minister Mahinda Rajapaksa resigned on Monday as Sri Lanka continues to be in grips of violent clashes amid the worst-ever economic crisis the country has faced in its history since its independence. The government imposed a nationwide curfew and deployed army troops in the… Read More
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Christians Install Mary Statue In Front Of Ancient Hindu Temple In Sri Lanka After Removing Arch Put By Temle
Christian fanatics have installed a statue of Mary near an ancient temple in Sri Lanka. Earlier Christians had torn apart an arch put up by the temple in the same spot. Saivite dharma gurus have condemned the act and asked the Mannar diocese to remove the statue.… Read More
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PM Modi to visit Sri Lanka and the Maldives from June 8
PM Modi is set to visit the Maldives on June 8 and 9 having been invited by Ibrahim Mohamed Solih, the President of the Republic of Maldives. PM Modi is also going to visit Sri Lanka on June 9 and was invited by Maithripala Sirisena,… Read More
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Multiple Bomb blasts rock Sri Lanka on Easter Sunday
Sri Lanka encountered one of its worst terror attacks on Sunday after a series of bomb blasts were carried out across the country. The blasts were targeted at Christians and tourists amid Easter celebrations. The attack left more than 200 killed and 450 more injured.… Read More