India’s troubled Adani invests in bankrupt Sri Lanka COLOMBO: Cash-strapped Sri Lanka on Thursday announced its first major foreign investment since it declared... Published 23 Feb, 2023 11:48am
Sports England’s absence robs WTC final of ‘Bazball’ buzz NEW DELHI: This year’s World Test Championship (WTC) final will again be a party without hosts, leaving England fans... Published 21 Feb, 2023 11:42am
Sports New Zealand knock Sri Lanka out of T20 World Cup in 102-run rout PAARL: New Zealand kept their Women's T20 World Cup hopes alive with a 102-run rout of Sri Lanka at Boland Park in... Published 20 Feb, 2023 01:29am
Markets Debt in focus as G20 finance chiefs meet in India NEW DELHI: G20 finance and central bank chiefs meet in India next week at the first-year anniversary of Russia’s... Published 16 Feb, 2023 11:06am
Business & Finance Paris Club creditors give assurances to support IMF bailout for Sri Lanka LONDON: The Paris Club of creditors has given financing assurances to support the International Monetary Fund’s... Published 13 Feb, 2023 05:57am
World Sri Lanka bankruptcy to last until 2026: president COLOMBO: Sri Lanka’s president said Wednesday the island nation will remain bankrupt for at least three more years... Published 08 Feb, 2023 01:53pm
Pakistan Khar meets Sri Lankan president ISLAMABAD: Minister of State Hina Rabbani Khar called on President of Sri Lanka Ranil Wickramasinghe in Colombo on... Published 05 Feb, 2023 03:10am
Markets Deal or default: Pakistan’s economy set for an endgame Distressed by debt, many analysts expect 'reprofiling' rather than mass write-off of payments Published 01 Feb, 2023 01:13pm
World Sri Lanka economy could shrink by -3.5% to -4%, president says COLOMBO: Sri Lanka’s economy could contract by -3.5 or -4.0% in 2023 after shrinking -11% last year, President Ranil... Published 28 Jan, 2023 06:35pm
Markets China’s EXIM bank gives Sri Lanka debt extension BEIJING: China’s Export-Import Bank of China (EXIM) has provided Sri Lanka with a debt extension, China’s foreign... Published 26 Jan, 2023 09:39am
Print Imran vows to seek IMF’s help after winning elections LAHORE: Former Prime Minister and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan said if he came into power in the... Published 26 Jan, 2023 05:58am
World China offers Sri Lanka debt moratorium NEW DELHI /COLOMBO: The Export-Import Bank of China has offered Sri Lanka a two-year moratorium on its debt and said... Published 25 Jan, 2023 06:25am
Markets Sri Lanka hopeful of completing debt restructuring in six months, says central bank chief COLOMBO: Sri Lanka is committed to meeting all its debt repayments and is hoping to complete debt restructuring... Published 24 Jan, 2023 12:07pm
Print Food inflation highest in South Asia after Sri Lanka: World Bank ISLAMABAD: The consumer price inflation for food items in Pakistan was 35.5 per cent in December on year-on-year... Updated 19 Jan, 2023 08:41am
World India ‘strongly supports’ Sri Lanka debt restructuring plan, it tells IMF COLOMBO: India has told the International Monetary Fund that it strongly supports Sri Lanka’s debt restructuring... Published 18 Jan, 2023 07:09pm
Sports Kohli’s 166 helps India crush Sri Lanka by record 317 runs THIRUVANANTHAPURAM: Virat Kohli smashed an unbeaten 166 to help India beat Sri Lanka by 317 runs and record the... Updated 15 Jan, 2023 07:57pm
World Sri Lanka to slash military by a third to cut costs COLOMBO: Sri Lanka will slash its army by a third to 135,000 personnel by next year and to 100,000 by 2030, the... Updated 13 Jan, 2023 02:41pm
World Sri Lanka says treasury running dry, cuts spending COLOMBO: Bankrupt Sri Lanka announced on Tuesday sharp government spending cuts and warned it had barely enough... Published 11 Jan, 2023 05:53am
Sports India’s Bumrah ruled out of Sri Lanka ODI series GUWAHATI: Indian fast bowler Jasprit Bumrah has been pulled out of the one-day international series against Sri... Published 09 Jan, 2023 06:38pm
Sports Record-setting Shanaka helps Sri Lanka level T20 series against India PUNE: Dasun Shanaka led from the front with a record half-century and two wickets in Sri Lanka's series-levelling... Published 06 Jan, 2023 12:59am
World Sri Lanka to restart trade deal talks with India, China and Thailand: official COLOMBO: Sri Lanka will restart negotiations on trade pacts with India, China and Thailand after a four-hear hiatus,... Published 05 Jan, 2023 06:07pm
World Bankrupt Sri Lanka to hold first polls since crisis COLOMBO: Crisis-hit Sri Lanka Wednesday announced its first nationwide elections since its president fled and... Published 04 Jan, 2023 04:54pm
Sports Dream debut for Mavi as India edge Sri Lanka in T20 thriller MUMBAI: Debutant fast bowler Shivam Mavi led an inspired bowling performance with his four wickets as India edged ... Updated 03 Jan, 2023 11:50pm
World Sri Lanka freezes recruitment in fresh austerity drive COLOMBO: Sri Lanka began a fresh austerity drive Monday, freezing government recruitment as new taxes and higher... Published 03 Jan, 2023 03:25am
World Sri Lanka freezes recruitment in fresh austerity drive COLOMBO: Sri Lanka began a fresh austerity drive Monday, freezing government recruitment as new taxes and higher... Published 02 Jan, 2023 05:20pm
Sports India promotes Pandya, drops Pant for Sri Lanka series NEW DELHI: All-rounder Hardik Pandya will lead India’s T20 side at home against Sri Lanka next week after selectors... Published 28 Dec, 2022 12:51pm
World Sri Lanka expects up to $8bn more in loans, asset restructuring COLOMBO: Sri Lanka is expecting as much as $5 billion in loans next year from multilateral agencies besides an IMF... Published 19 Dec, 2022 07:10am
Business & Finance Sri Lanka’s debt to China close to 20% of public external debt LONDON/JOHANNESBURG: Sri Lanka owed Chinese lenders $7.4 billion - nearly a fifth of its public external debt - by... Published 30 Nov, 2022 12:13pm
World More than 80 injured as Indian police clash with Adani port protesters KOCHI: More than 80 people were wounded in southern India as villagers halting the construction of a $900 million... Updated 28 Nov, 2022 01:54pm
Sports Sri Lanka-Afghanistan second ODI abandoned due to rain KANDY: Rain forced the second one-day international between hosts Sri Lanka and Afghanistan to be abandoned with the... Updated 27 Nov, 2022 09:28pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?