Sri Lanka Financial News

Sri Lanka has assured that it will not allow its territory to be used in a manner inimical to India's security interest, even as India said that it will be a steady partner in the economic recovery and development of the island nation. In the first visit by a foreign dignitary after the National People's Power, led by Anura Kumara Dissanayake, came to power, external affairs minister S Jaishankar met the top Sri Lankan leadership and invited the President on behalf of Prime Minister Narendra Modi to visit India. An official statement after the visit stated that the meetings highlighted that the interests of India and Sri Lanka were closely intertwined and collaboration was in mutual interest and contributed to the stability and security of the region. «The importance of a continuous dialogue that would promote trust, transparency and mutual sensitivity was recognised. The President reiterated that Sri Lankan territory would never be allowed to be used in a manner inimical to India's security interests,» it read.

India-Sri Lanka ties" with Sri Lankan President Anura Kumara Dissanayake and assured continued support to the island nation's economic rebuilding. During his day-long visit, less than a fortnight after President Dissanayake was sworn in, Jaishankar also met Prime Minister Harini Amarasuriya, his counterpart Vijitha Herath, Sajith Premadasa, Sri Lanka's leader of the opposition from the Samagi Jana Balawegaya party and former Sri Lankan president Ranil Wickremesinghe. Jaishankar is the first foreign dignitary to visit Sri Lanka since the National People's Power (NPP) government led by Dissanayake came to power on September 23. Sri Lanka is India's key maritime neighbour in the Indian Ocean Region (IOR) and occupies a special place in its initiatives such as 'SAGAR' (Security and Growth for All in the Region) and the 'Neighbourhood First Policy.'

Subscribe to enjoy similar stories. By the time I arrived at Sri Lanka’s Amba tea estate it was late evening and dark. In the morning, a short walk to the dining area was all it took for gorgeous views of the valley.

Sri Lanka stormed to a series victory over New Zealand, securing the two-match test series with a resounding innings and 154-run triumph on the fourth day in Galle on Sunday. This victory, Sri Lanka's most dominant over the Kiwis, also marks their first win against New Zealand in 15 years. The hero of the games, left-arm spinner Prabath Jayasuriya, was named Player of the Series after a masterful performance, claiming 18 wickets across the two matches. Meanwhile, Kamindu Mendis took home Man of the Match honours for his unbeaten 182, anchoring Sri Lanka's colossal total of 602-5 declared.

New Zealand is facing the prospect of their heaviest defeat in Test cricket after being forced to follow on in the second Test against Sri Lanka in Galle. Following a disastrous morning session where Sri Lanka claimed eight wickets, the tourists were asked to bat again, trailing by a massive 514 runs. Sri Lankan left-arm spinner Prabath Jayasuriya was the star of the first innings, taking 6 wickets for just 42 runs, while debutant off-spinner Nishan Peiris also contributed, taking three wickets and dismissing New Zealand opener Tom Latham in the second innings. New Zealand now faces the daunting task of chasing an improbable 511 runs on a turning Galle pitch to avoid an innings defeat. They had already lost the first Test by 63 runs, and a loss in this match would give Sri Lanka their first series win over New Zealand since 2009.

New Zealand batter Kane Williamson was set up by Sri Lanka Spinner Prabaht Jayasuriya in the second Test at Galle. The Kiwi batter could only managed seven runs in 53 balls as his team was bowled out cheaply for just 88 runs, trailing by 514 runs in the first innings. Williamson was dismissed in the 17th over when he tried to steady the ship for the visitors along with night watchman Ajaz Patel. Jayasuriya, however, gave the hosts their first wicket on Day 3.

For some, it's internal matter While European diplomats got a taste of vibrant democratic process and free and fair elections in Jammu & Kashmir, some of India's close partners in Central Asia and Gulf were not part of the endeavour. They treat elections in the Union Territory as India's internal matter and have 'full trust and faith' in India's position and democratic journey. These countries are strong supporters of India's fight against terrorism. Jha’s Connection with AKD & Team Hours after Sri Lankan presidential election results were announced, Anura Kumara Dissanayake met Indian high commissioner Santosh Jha in Colombo last Sunday. Jha was the first envoy whom the new president met. On the very next day, Jha was the first envoy whom the incoming PM met. South Asia is often key testing grounds for diplomats and Jha, who has also served in Colombo in the past, has strong connections cutting across party lines in the island nation.

Sri Lanka’s new President Anura Kumara Dissanayake says that he will soon resume discussions with the International Monetary Fund and foreign creditors to plot a way out of the worst economic crisis in the country’s history

England captain Ben Stokes is «on track» to feature in the Test series in Pakistan after undergoing scans on his hamstring injury on Wednesday. Stokes was sidelined for England's recent Test series against Sri Lanka due to the hamstring tear he suffered playing for Northern Superchargers in The Hundred on August 11. Ollie Pope stood in as Test captain as England won the Sri Lanka series 2-1.

Rishabh Pant returned to the international Tests in the Bangladesh series post his recovery after a serious car accident and immediately stamped his class. His brisk scores in India's first match of the series, including a century in the second innings, has brought him back to ICC Test rankings and he is in sixth position. The top 10 rankings in Tests released by ICC in Tests and ODIs saw ups and downs after some intense international cricket action. Yashasvi Jaiswal (751) has moved to fifth rankings, also helped by half-century in the first innings of the Bangladesh match. Pant is behind him at 731 rating points.

ticket prices for the Lord's Test involving India and England next summer have been increased again despite a tepid response from the fans for the game against Sri Lanka this season. Lord's owner Marylebone Cricket Club had come in for criticism for the ticket prices for this summer's Test between England and Sri Lanka. The five-match Test series between India and England begins on June 20 with the third game scheduled at Lord's from July 10. The cheapest tickets for the Lord's Test involving India are priced at 90 pounds each and they offer restricted views. For the unrestricted views, the fans will have to shell out anything between 120-175 pounds, reported ESPNcricinfo.

Vishwa Fernando sustained an injury. Sri Lanka Cricket released a statement to confirm that the 33-year-old seamer developed «tightness» in his right hamstring and will undergo rehabilitation to recover at SLC's high performance centre. «Vishwa Fernando had developed a tightness in his right hamstring while practicing, hence, he has been sent to the High Performance Center for rehabilitation,» SLC said in a statement on Tuesday.

Anura Kumara Dissanayake, named Harini Amarasuriya, a college professor and first-time lawmaker, as the new prime minister of the Indian Ocean island nation on Tuesday, making her the third woman to be appointed to the post. Dissanayake, 55, a Marxist-leaning firebrand politician, who was elected president in the election held on Saturday, was also scheduled to pick the rest of his cabinet. An academic with a doctorate in social anthropology from the University of Edinburgh, Amarasuriya, 54, became a parliamentarian in 2020 under Dissanayake's NPP coalition and will also hold the portfolios of foreign affairs, education and media.

Sri Lanka President-designate Anura Kumara Dissanayake thanked Prime Minister Narendra Modi on Monday for his congratualtory wishes on winning elections. In a post on X, Dissanayake highlighted strengthening ties between India and Sri Lanka and stressed working towards enhancing cooperation. «Thank you, Prime Minister Modi, for your kind words and support. I share your commitment to strengthening the ties between our nations. Together, we can work towards enhancing cooperation for the benefit of our peoples and the entire region,» Dissanayake said.

Subscribe to enjoy similar stories. With its diverse landscape and easy connectivity, Sri Lanka is the perfect holiday destination for Indian passport holders, who also benefit from a free visa on arrival. Among the island nation’s key highlights is Galle, a picturesque city on the southern coast known for its rich blend of art and culture.

Anura Kumara Dissanayake as the country's new president, giving the Marxist-leaning politician a key role in deciding the future of reforms in the debt-ridden nation that is slowly emerging from a crushing financial crisis. Below are the key challenges for Dissanayake, who was sworn-in as the Indian Ocean country's head of state on Monday: ECONOMY AND GROWTH

Anura Kumara Dissanayaka as the country’s 10th president. Dissanayaka, leader of the People's Liberation Front (JVP), won the run-off election by a landslide, signaling voters' rejection of establishment politics in the wake of the 2022 economic crisis. His victory comes as Sri Lanka continues to grapple with the aftermath of its worst financial crash, and the public’s growing disillusionment with the ruling elite.

Anura Kumara Dissanayake has emerged as Sri Lanka’s newly elected president, securing 42% of the vote in the country's first election since the 2022 economic collapse. The 55-year-old leader of the National People’s Power (NPP) coalition defeated his main rival, opposition leader Sajith Premadasa, who garnered 23% of the vote, while outgoing President Ranil Wickremesinghe trailed in third. The election witnessed a high voter turnout, with 76% of Sri Lanka’s 17.1 million electorate participating in what is seen as a crucial vote for the country's future.

Marxist lawmaker Anura Kumara Dissanayake has won Sri Lanka’s presidential election as voters rejected the old political guard that has been widely accused of pushing the nation into economic ruin

This accomplishment places India among a select group of elite teams worldwide that have ever reached this milestone. In the 147-year history of Test cricket, only seven teams have recorded more wins than losses at some point, and currently, only five maintain this record. As it stands, India's Test statistics are: Matches: 580 | Wins: 179 | Losses: 178 | Draws: 222 | Ties: 1. Alongside India, the other teams with more wins than losses include Australia, England, South Africa, and Pakistan. Australia leads with 414 wins and 232 losses, followed by England with 397 wins against 325 losses. South Africa boasts 179 wins to 161 losses, while Pakistan has 148 wins compared to 144 losses.

Federal agents boarded a vessel on Saturday managed by the same company as a cargo ship that caused the deadly Baltimore bridge collapse, the FBI confirmed.