Stalin said that the Tamil Nadu government would be sending 40,000 tonnes of rice, milk powder of around 500 tonnes, and life-saving drugs to the island nation
The Parliament meets today for the first of eight sittings this month
China has decided to provide a loan of 300 million yuan to Sri Lanka amidst the unprecedented economic crisis in the island nation.The total amount of emergency grants provided by China has increased to 500 million Chinese Yuan, which is USD 76 million.The Chinese Embassy in Sri Lanka, in a tweet, said that to "support Sri Lankan people at this trying times, China has decided to provide another 300 million RMB of aid to Sri Lanka for the urgently needed drugs, food and fuels etc., which increases the total emergency grant from China to 500 million RMB (approximately 76 million USD)."Currently, Sri Lanka is grappling with food and electricity shortages, affecting many people. Such an economic crisis has forced Sri Lanka to seek help from its neighboring countries to provide them with basic amenities.While Sri Lanka faces its worst economic crisis since independence, many believe that China's "debt-trap diplomacy" is behind the crisis.China has always kept its interests at the forefront
Sri Lanka's Opposition have decided to move no-trust motions in Parliament, even as the government announced the appointment of a Cabinet sub-committee to look into the proposal for a new Constitution
The Sri Lankan government announced that it will provide cash allowances ranging between Rs 3,000 and Rs 7,500 to low income families "severely affected" by the current economic crisis in the country.
Tamil Nadu CM M K Stalin thanked the BJP-led government at the Centre for permitting humanitarian aid to the crisis-hit Sri Lanka and said the move would improve cordiality between the two countries.
The former president added that he could not stay at home when the people were in a state of distress with thousands of problems in the country
Months of lengthy blackouts and acute shortages of food, fuel and pharmaceuticals have triggered widespread protests calling for the government's resignation
Saudi Arabia has agreed to provide Pakistan with a "sizeable package" of around $8 billion to help the cash-starved country bolster dwindling forex reserves and revive its ailing economy
The Sri Lankan government is taking various approaches to address current challenges faced by the country, the nation's President and the PM said in their messages on the International Labour Day.
In recent months, the central bank imposed a number of regulations forcing exporters to convert their US dollars within a set period of time to bolster Sri Lanka's foreign reserves
The Buddhist clergy has decided to come out to press for the resignation of Prime Minister Mahinda Rajapaksa to make way for an interim government
This increase was driven by the monthly increases in both food and non-food categories, according to the central bank on Friday
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.
Sri Lanka has already missed coupon repayments on some of its bonds and its bailout discussions with the IMF include a possible bridge loan, Governor Nandalal Weerasinghe said
The resolution, piloted by Stalin, was unanimously passed by the House, including the opposition AIADMK and the BJP
A delegation from former president Maithripala Sirisena's SLFP met him in the morning to press for their demand on the formation of the interim government
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
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
Sri Lanka stocks rallied, marking their first day of gains since April 5