Sri Lanka Financial News

Sri Lankan President Anura Kumara Dissanayake greeted him at the venue, marking the start of a packed diplomatic schedule. Earlier in the day, PM Modi was warmly welcomed at his hotel, where he was seen shaking hands with members of the Indian diaspora and witnessing a puppet show performed in his honour. The vibrant reception reflected the strong cultural and people-to-people ties between the two countries. PM Modi's arrival in Colombo came after his visit to Thailand, where he held a bilateral meeting with Thai Prime Minister Paetongtarn Shinawatra and attended the BIMSTEC Summit. On the sidelines, he engaged in further bilateral discussions, laying the groundwork for this leg of his regional outreach. Despite rainy weather, six senior Sri Lankan ministers personally received PM Modi at the airport. The delegation included Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath; Minister of Health and Mass Media Nalinda Jayatissa; Minister of Labour Anil Jayantha; Minister of Fisheries Ramalingam Chandrasekar; Minister of Women and Child Affairs Saroja Savithri Paulraj; and Minister of Science and Technology Chrishantha Abeysena.

death toll from Myanmar's devastating earthquake climbed to 3,354, with 4,850 injured and 220 missing, state media said on Saturday, as the visiting U.N. aid chief praised humanitarian and community groups for leading the aid response. The leader of the military government, Senior General Min Aung Hlaing, was back in the capital Naypyitaw after a rare foreign trip to attend a summit in Bangkok of South and Southeast Asian nations, where he also met separately with the leaders of Thailand, Nepal, Bhutan, Sri Lanka and India. Min Aung Hlaing reaffirmed to Indian Prime Minister Narendra Modi the junta's plans to hold «free and fair» elections in December, Myanmar state media said. Modi called for a post-quake ceasefire in Myanmar's civil war to be made permanent, and said the elections needed to be «inclusive and credible», an Indian foreign affairs spokesperson said on Friday. Critics have derided the planned election as a sham to keep the generals in power through proxies.

Subscribe to enjoy similar stories. Indian hotel operators have run into high valuations and a lack of quality assets as they seek to expand in a market hungry for luxury travel. They have turned creative to overcome these hurdles by acquiring properties that can be redeveloped or repurposing office buildings into hotels and even incorporating apartments into their projects.

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Rajasthan Royals leg-break spinner Wanindu Hasaranga entered an exclusive club after bagging a four-wicket haul against Chennai Super Kings in the ongoing Indian Premier League (IPL) 2025. Hasaranga singlehandedly broke the backbone of Chennai's attempt to chase down 183 on Guwahati's surface. He tore CSK's batting order apart by cleaning up Rahul Tripathi, Vijay Shankar, Shivam Dube and skipper Ruturaj Gaikwad. He ended his full bowling quota of four overs with searing figures of 4/35 and became just the third spinner to register a four-wicket haul against Chennai in the cash-rich league. Former ball tweaker Harbhajan Singh was the first to script the feat to his name after dazzling for Mumbai Indians and claiming 5/18 against the five-time champions in 2011.

The women student protest leaders of Bangladesh will be honoured with the 'Madeleine Albright Honorary Group Award', named after the first woman to serve as US Secretary of State. «A valiant group of women were key drivers in the student protest movement against violent repression in Bangladesh in July-August 2024. They demonstrated extraordinary bravery, including standing between security forces and male protestors in spite of threats and violence,» the State Department said in a statement. «When their male counterparts were arrested, these women found innovative ways to continue communication and lead the protests, defying censorship efforts, even during the complete shutdown of the Internet. The bravery and selflessness of these women amid uncertainty was the very definition of courage,» it said. However, the State Department did not name any particular individual for the award.

Rajasthan Royals leg-break spinner Wanindu Hasaranga's love for South Indian movies was the underlying factor behind his 'Pushpa' style celebration against Chennai Super Kings in the ongoing Indian Premier League (IPL) 2025. The Sri Lankan ball tweaker's four-wicket haul inspired the Royals to their first win in the 18th edition of the cash-rich league on an action-packed Sunday. Out of his four scalps, Hasaranga punched the return ticket of the Super Kings batters, a ball after conceding a maximum on three occasions. Hasaranga added a filmy touch to celebrate his moment of success. He pulled off the trademark move of Allu Arjun's blockbuster 'Pushpa' to add entertainment and spice to the gripping affair. «I love to watch Telugu, Malayalam, and Tamil films, and I got that from the Pushpa film,» Hasaranga said after the match.

Chennai Super Kings and Rajasthan Royals, two teams finding their foot in IPL 2025, go head to head at Barsapara Cricket Stadium, Guwahati on Sunday. CSK faced a drubbing at home against RCB when they lost by 50 runs — their worst defeat at Chepauk. RR, on the other hand, have lost their opening two matches. Rajasthan, the hosts for this encounter, have been exposed and the lack of depth in the squad is visible. Sanju Riyan Parag, who will captain once again, Sanju Samosn, who is playing as an impact sub, Yashasvi Jaiswal, Parag, Shubham Dubey, Nitish Rana and Dhruv Jurel have not fired consistently. Though they have done well in patches, it was not enough to escape defeat. The bowling looks even bleaker with Jofra Archer not in form and the two Sri Lankan spinners being picked easily. CSK look better on paper even after a bad defeat in the previous match. The spin trio of Noor Ahmad, Ravichandran Ashwin and Ravindra Jadeja is capable of destroying any batting attack on a slow surface. CSK, however, have a problem in their middle order which has failed to contribute anything significant if the openers Rachin Ravindra and Ruturaj Gaikwad do not get runs. MS Dhoni further down the order has also led to the CSK batting order looking unbalanced.

BIMSTEC Secretary General Indra Mani Pandey unveiled key outcomes, including the Bangkok Vision 2030 and underlined that the grouping is set to grow stronger by partnering with other external partners such as Indian Ocean Rim Association and ASEAN. In an online conference organised by Centre for Global India Insights (CGII), a think tank focused on global affairs, Pandey underscored the growing political will and commitment of member states to strengthening BIMSTEC, enhancing its effectiveness, and ensuring time-bound implementation of decisions. The conference, titled “Bolstering BIMSTEC: Mapping the Next Steps,” was held ahead of Prime Minister Narendra Modi’s visit to Bangkok to attend BIMSTEC summit and featured eminent diplomats and experts from India, Thailand Sri Lanka, and Bangladesh. Diplomats from other BIMSTEC countries also attended the conference. Besides BIMSTEC Secretary General Pandey, Sumith Nakandala, First Secretary General, BIMSTEC Secretariat; Amb. (Retd.) Riva Ganguly Das, India’s Former High Commissioner to Bangladesh; Prof Mustafizur Rahman, Distinguished Fellow, Centre for Policy Dialogue (CPD), Dhaka; Dr. Piyanat Soikham, Director, India Studies Centre, Ubon Ratchathani University, Thailand; Prabir De, Professor, RIS; and Yash Pal Sachar, Vice-President, Ashok Leyland participated in the panel discussion. The conference was moderated by Manish Chand, CEO, Centre for Global India Insights. “Our leaders will adopt a joint declaration. They will also adopt a BIMSTEC Bangkok Vision 2030. This is for the first time that BIMSTEC will adopt its own vision document,” said Pandey.

Indian fishermen detained in Sri Lanka during the question hour in Rajya Sabha on Thursday, External Affairs Minister S Jaishanker said that the current government inherited the situation due to events that can be traced back to 1974 and 1976. Jaishankar detailed Sri Lanka's legal framework, stating, «Sri Lanka has two laws--the Fisheries and Aquatic Resources Act of 1996 and the Fisheries Regulation of Foreign Fishing Boats of 1979. Both these acts were amended in 2018 and 2023, providing for much stiffer sentences, bigger fines, and greater detention.» He explained that many of those serving sentences are boat owners, skippers, or repeat offenders, complicating resolution efforts. He stated that the «root cause» of the ongoing issue related to the detention of Indian fishermen in Sri Lanka began in 1974 when the international maritime boundary line was drawn, followed by an exchange of letters in 1976 with Sri Lanka delineating fishing jurisdiction. «The house is aware that, in a way, our government has inherited the problem. This problem began in 1974 when the international maritime boundary line was drawn, followed by an exchange of letters in 1976 delineating fishing jurisdiction. These decisions are the root cause of the situation,» EAM said while replying to the question raised by DMK MP Tiruchi Siva.

PM Modi is set to inaugurate the new Pamban bridge, India’s first vertical sea bridge, in Tamil Nadu on April 6, coinciding with Ram Navami, a significant Hindu festival marking the birth of Lord Ram. The inauguration is expected soon after PM Modi returns from his two-day visit to Sri Lanka on April 4-5. Constructed at a cost of Rs 535 crore, this ambitious engineering project was executed by Rail Vikas Nigam Limited (RVNL). Spanning just over two kilometres, the bridge replaces the old 1914-built bridge, which had become severely corroded after over a century of service and was closed in 2022. This new bridge is expected to enhance rail connectivity to Rameswaram, one of the most sacred sites in Hinduism, associated with the legend of Lord Ram's bridge to Lanka as told in the Ramayana.

They say, ‘Home is where the heart is’. When it comes to money, however, Devina Mehra, founder and chairperson of securities firm First Global, strongly feels that part of it should be parked outside of the home country.

Garden Reach Shipbuilders & Engineers shares jumped 8.5% in morning trade on Thursday, adding to the near 20% gain in the previous day after siging an initial pact with PWD Nagaland for Modular Steel Bridges. GRSE signed a Memorandum of Understanding (MoU) with PWD Nagaland to provide eight sets of double-lane modular steel bridges in the state. This agreement is the first of its kind between GRSE and a North Eastern state and is in line with the Government of India’s Make in India initiative aimed at boosting regional development. GRSE's shares were trading at Rs 1780.05 apiece, up 8.5% at 11:15 am. The BSE Sensex was up 0.7%.

Natasa Stankovic, who among all this has sparked curiosity among fans with her latest social media activity

This will be his second visit to Thailand, following his 2019 trip to the ASEAN Summits, where he was accompanied by External Affairs Minister S Jaishankar and Commerce and Industries Minister Piyush Goyal. The BIMSTEC Summit will take place in Bangkok from April 2 to 4. Under Thailand's chairmanship, BIMSTEC aims to achieve a «Prosperous, Resilient, and Open» region, known as «PRO BIMSTEC,» by 2030. The BIMSTEC Summit aims to foster regional cooperation between South and Southeast Asia, with seven member states: Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand. The summit will focus on key deliverables, including the BIMSTEC Bangkok Vision 2030, the Report of the Eminent Persons' Group on the Future Direction of BIMSTEC, and the BIMSTEC Summit Declaration.

Adani Green Energy shares will be in focus on Wednesday after five fundamental rights petitions against its wind energy projects in northeastern Sri Lanka were withdrawn. The petitions were withdrawn after the Attorney General filed a motion following Adani Green Energy's decision to cancel its wind energy projects and notify the Board of Investment.

Ambassador Qi noted that the public is largely unaware of these details. «This is because we do not shout about our assistance to Sri Lanka,» the ambassador noted. It may be noted here that Sri Lanka undertook a restructuring of $46 billion in external credit after announcing its first sovereign default amid the economic crisis of 2022. Furthermore, the ambassador expressed optimism about the potential for collaboration between China and India in developing Sri Lanka's northern province. In a significant statement, Qi said there is no dispute between China and India, as both nations have experienced rapid growth and should collaborate to achieve common objectives.

IND-M vs WI-M LIVE Score, IML T20 Final: India Masters and West Indies Masters will face each other in the inaugural International Masters League (IML) for one last time on Sunday when they take the field in the final at the Shaheed Veer Narayan Singh International Stadium in Raipur. Led by legendary Sachin Tendulkar, India Masters have qualified for the IML 2025 final after beating Australia Masters in the last four stage.

Indian Premier League (IPL) in 2008, when top Pakistani cricketers like Shoaib Akhtar, Shahid Afridi, Younis Khan, Salman Butt, and Kamran Akmal played in the tournament. The prospect of more such moments, where Indian and Pakistani cricketers played as teammates rather than opponents, came to an abrupt end after the 2008 Mumbai terror attacks. The attacks, carried out by a Pakistan-based terrorist organisation, shook India to its core and brought the two nations to the brink of war.

Venue : Hagley Oval, Christchurch New Zealand Women squad - Emma McLeod, Georgia Plimmer, Maddy Green, Suzie Bates, Brooke Halliday, Flora Devonshire, Jess Kerr, Izzy Sharp, Polly Inglis, Bree Illing, Eden Carson, Fran Jonas, Rosemary Mair Sri Lanka Women squad - Harshitha Samarawickrama, Imesha Dulani, Nilakshika Silva, Vishmi Gunarathne, Chamari Athapaththu, Chethana Vimukthi, Kavisha Dilhari, Manudi Nanayakkara, Rashmika Sewwandi, Anushka Sanjeewani, Kaushini Nuthyangana, Achini Kulasuriya, Inoshi Priyadharshani, Malki Madara, Sachini Nisansala, Sugandika Kumari New Zealand Women vs Sri Lanka Women Live Score: Sri Lanka Women Nilakshika Silva 5 (6) Manudi Nanayakkara 7 (14) New Zealand Women Suzie Bates 0/7 (3) New Zealand Women vs Sri Lanka Women Live Score: Sri Lanka Women Manudi Nanayakkara 6 (11) Nilakshika Silva 3 (3) New Zealand Women Flora Devonshire 1/12 (2) New Zealand Women vs Sri Lanka Women Live Score: Sri Lanka Women Manudi Nanayakkara 2 (7) Nilakshika Silva 1 (1) New Zealand Women Suzie Bates 0/3 (2) New Zealand Women vs Sri Lanka Women Live Score: Four! That is pulled through the on side. The ball races to the fence in no time.

New Zealand Women Innings Highlights : New Zealand Women vs Sri Lanka Women Live Score: New Zealand Women Emma McLeod 41 (40) Polly Inglis 2 (2) Sri Lanka Women Malki Madara 1/13 (3) New Zealand Women vs Sri Lanka Women Live Score: New Zealand Women Polly Inglis 2 (2) Emma McLeod 38 (34) Sri Lanka Women Inoshi Priyadharshani 2/25 (3) New Zealand Women vs Sri Lanka Women Live Score: OUT! st Anushka Sanjeewani b Inoshi Priyadharshani. New Zealand Women vs Sri Lanka Women Live Score: New Zealand Women Emma McLeod 37 (33) Jess Kerr 7 (11) Sri Lanka Women Sugandika Kumari 0/16 (3) New Zealand Women vs Sri Lanka Women Live Score: New Zealand Women Emma McLeod 33 (28) Jess Kerr 6 (10) Sri Lanka Women Kavisha Dilhari 2/11 (3) New Zealand Women vs Sri Lanka Women Live Score: New Zealand Women Emma McLeod 32 (26) Jess Kerr 4 (6) Sri Lanka Women Chamari Athapaththu 0/7 (2) New Zealand Women vs Sri Lanka Women Live Score: New Zealand Women Jess Kerr 2 (3) Emma McLeod 29 (23) Sri Lanka Women Kavisha Dilhari 2/8 (2) New Zealand Women vs Sri Lanka Women Live Score: OUT! run out (Achini Kulasuriya / Kavisha Dilhari).