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Sunday, February 15, 2026
TopicSri lanka economy

Topic: sri lanka economy

Sri Lanka set for ‘system change’ with leader of Marxist JVP Dissanayake leading in presidential polls

Though Anura Kumara Dissanayake's lead has decreased since early morning, he's still expected to come out on top. Everyone except Dissanayake & Premadasa have been eliminated from running.

Millions of Sri Lankans cast vote in first presidential election since 2022 economic crisis

Voting is underway at 13,134 polling stations in Sri Lanka, began at 7 am and will close at 4 pm local time. The counting of votes is expected to begin at 9:30 pm local time.

Sri Lanka asks foreign investors for 30% haircut in a bid to reduce debt

Sri Lanka is struggling with its worst financial crisis after the country's foreign exchange hit record lows and triggered its first foreign debt default last year.

Power price hike pushes Sri Lanka crisis to the brink

The increase is the latest measure to clinch a $2.9 billion loan from IMF to tackle a crisis that evolved from pandemic, rising oil prices and populist tax cuts by previous govt.

Bankrupt Sri Lanka issues tenders calling for more oil and fuel imports

The government is seeking a loan of about Rs 31,000 crore this year from the International Monetary Fund and creditors including China and Japan to help pay for food and fuel.

Crisis-hit Sri Lanka will suspend paying up foreign debt to focus on essential imports

Crisis-ridden Sri Lanka will suspend foreign debt payments to avoid a hard default, and concentrate instead on essential imports like fuel.

On Camera

How Nehru defended restrictions on freedom of speech and the press

On 29 May 1951, Jawaharlal Nehru defended adding 'reasonable restrictions' to Article 19, arguing that free speech must be balanced with national security and unity.

Andhra proposes Rs 100-cr wealth fund, eyes Norway-style sovereign fund model to drive growth

Andhra Pradesh Finance Minister Payyavula Keshav presented a Rs 3.32 lakh crore budget for 2026–27 in the assembly Saturday.

Australian amphibian aircraft firm eyes Indian civil & military market, ties up with Apogee Aerospace

Aligning with India's push to promote inter-coastal air connectivity, Apogee has ordered 15 seaplanes in a deal valued at Rs 3,500 crore.

The new Great Game—Trump’s playing for time, China for leverage & India for wiggle room

This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.