Business Standard

Page 3 - Latest Updates on Mahinda Rajapaksa

President Rajapaksa agrees to remove brother as Sri Lankan PM: Lawmaker

Sri Lanka's president has agreed to replace his older brother as prime minister in a proposed interim government to solve a political impasse, a prominent lawmaker said Friday.

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Updated On : 30 Apr 2022 | 12:39 AM IST

HC Baglay reiterates India's continued commitment to support Sri Lanka

Sri Lanka is facing one of its worst economic crises resulting in widespread protests against the Rajapaksa family leaders, including President Gotabaya Rajapaksa and PM Mahinda Rajapaksa

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Updated On : 29 Apr 2022 | 9:52 AM IST

Sri Lanka trade unions, on strike, demand ouster of president and PM

The crisis is caused in part by a lack of foreign currency, which has meant that the country cannot afford to pay for imports of staple foods and fuel, leading to acute shortages and very high prices

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Updated On : 28 Apr 2022 | 4:55 PM IST

Sri Lanka's Rajapaksa to discuss formation of all-party govt on April 29

A letter to all party leaders in the ruling coalition said the government was in agreement to form an all-party government comprising parties represented in Parliament

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Updated On : 27 Apr 2022 | 3:44 PM IST

Will not resign, says Sri Lankan PM Rajapaksa amid economic crisis

Speaking about the island-wide protests demanding the Prime Minister and the government's resignation, Rajapaksa said the issues should be resolved through negotiations

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Updated On : 27 Apr 2022 | 7:27 AM IST

Sri Lanka cabinet clears proposal to clip President Rajapaksa's power

Decision follows announcement from main opposition party that it has garnered enough support for a no-trust vote against the government.

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Updated On : 25 Apr 2022 | 11:32 PM IST
Updated On : 25 Apr 2022 | 11:08 PM IST

Lankan stocks fall as trading resumes after 2 weeks amid deepening crisis

Sri Lanka Stock Market Colombo All-Share Index fell as much as 6.7% while blue-chip index slumped 5.2% within seconds of resumption of trading

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Updated On : 25 Apr 2022 | 11:32 AM IST

Situation tense near Lankan PM's residence amid anti-government protests

Food and fuel shortages, soaring prices and power cuts are affecting a large number of the people resulting in massive protests in the country

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Updated On : 25 Apr 2022 | 7:41 AM IST

Thousands of students mob Sri Lanka PM's home over economic trouble

Dozens were demonstrating from the parapet and boundary walls of the official residence - in images similar to that of a seize

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Updated On : 24 Apr 2022 | 11:59 PM IST

Sri Lanka PM dismisses calls for interim govt to tackle economic crisis

Anti-government protesters in Sri Lanka are demanding the resignation of President Gotabaya Rajapaksa, Prime Minister Mahinda as they blame government policies for the forex crisis

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Updated On : 23 Apr 2022 | 10:18 PM IST

China assures help to solve urgent economic crisis: Sri Lankan PM

Rajapaksa on Friday said in a telephone conversation with Chinese Prime Minister Li Keqiang, who assured him that China will support Sri Lanka for economic and social stability

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Updated On : 23 Apr 2022 | 8:24 AM IST

18 more Lankans fleeing economic crisis land in Tamil Nadu's Dhanushkodi

The 18 people, among whom there were children, came in two batches in as many boats and were dropped off at Arichalmunai

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Updated On : 22 Apr 2022 | 2:03 PM IST

Sri Lankan police warn protesters against sabotaging fuel transport system

Amid the ongoing anti-government protests in Sri Lanka following the economic and political crisis, the police have urged the public not to jeopardise the fuel transportation system while protesting.

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Updated On : 20 Apr 2022 | 11:41 AM IST

Mahinda relents on prez powers to placate public; 1 killed in police firing

Scores of protesters teemed the streets and public places of the town on Monday. The demonstration went late into the night

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Updated On : 19 Apr 2022 | 11:47 PM IST

IMF chief hails India's help to Sri Lanka in dealing with economic crises

Georgieva made these remarks during the Spring Meetings of IMF-World Bank (WB) in Washington DC with Sitharaman

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Updated On : 19 Apr 2022 | 9:36 AM IST

Sri Lankan prez appoints 17 ministers in Cabinet to fight economic crisis

The new Ministers have been appointed with the aim to ensure the smooth functioning of the administration

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Updated On : 18 Apr 2022 | 1:57 PM IST

Sri Lanka starts fuel rationing amidst severe economic crisis: Report

According to the Ceylon Petroleum Corporation (CPC) statement, now motorcycles and other two-wheelers can purchase fuel upto worth Rs 1,000 per visit to a fuel station

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Updated On : 16 Apr 2022 | 2:13 AM IST

Port City Colombo: The great Chinese white elephant of Sri Lanka

The project is envisioned as a playground for the rich who would earn in dollars and keep all of it

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Updated On : 14 Apr 2022 | 10:18 PM IST

Sri Lankans protesting at Galle Face reject PM Rajapaksa's offer for talks

PM Rajapaksa on Wednesday had offered to hold talks with the protesters.

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Updated On : 14 Apr 2022 | 10:35 AM IST