Jubilant Foodworks Q4 Profit Falls 9%
On Monday, Jubilant FoodWorks Ltd reported an 8.8 per cent decline in its consolidated net profit of Rs 96 crore in the financial year March...
Tag : Sri Lanka
Sri Lanka Gets $300-$600 Mn from World Bank for Economic Crisis
Sri Lanka will receive between $300 million and $600 million from the World Bank over four months to buy medicines and other necessities. The country’s...
FM Sitharaman, CEA Nageswaran to Attend IMF-World Bank Spring Meeting
FM Nirmala Sitharaman will attend the International Monetary Fund (IMF) and World Bank Spring Meeting, which begin on Monday in Washington DC. She will also...
Nepal Govt Urges Non-Residents to Open Dollar Accounts
The Nepal government has requested Nepalese residing in foreign countries to open dollar accounts in banks in the country and make investments amidst the economic...
Sri Lanka Seeks to Secure $4 Billion From IMF
A Sri Lankan delegation travels to Washington to secure up to $4 billion in funding from the International Monetary Fund (IMF) and other lenders to...
Sri Lankan PM Offers to Hold Talks With Protestors
Amid escalating protests in Sri Lanka over the economic crisis, PM Mahinda Rajapaksa has offered to conduct talks with the protestors who are demanding the...
Sri Lanka to Exhaust $500 Million Indian Fuel Credit Line by April
Sri Lanka will exhaust the $500 million credit line provided by India for fuel after delivering another 120,000 tons of diesel and 35,000 tons of...
Sri Lankan President Declines to Resign Amid Economic Crisis
Amid the ongoing political disruption in Sri Lanka triggered by the massive economic crisis, President Gotabaya Rajapaksa has said that he will not resign but...
Sri Lanka’s Cabinet of Ministers Resign with Immediate Effect
Sri Lanka‘s Cabinet of Ministers resigned immediately as the country experienced its worst economic crisis. Education Minister and Leader of the House, Dinesh Gunawardena, informed...
Sri Lanka Imposes 10-Hour Daily Power Cut Duel to Fuel Crisis
The Sri Lankan government forced a nationwide 10-hour daily power cut due to a fuel shortage. Sri Lanka is facing an unusual economic and energy...