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Sri Lanka

‘Lanka won’t allow its territory to be misused for activities against India’

Sri Lanka's new President Anura Kumara Disanayake on Monday assured India that the island nation will not allow its territory to be used in any manner inimical to the security of India as well as towards regional stability, while Prime Minister Narendra Modi declared that the two neighbouring countries have decided to explore the possibility of concluding a framework agreement on defence cooperation.

Opinion: Sri Lankan syndrome and Nepal

For the first time since the 2000s, foreign exchange reserves have dropped to around $9 billion, which is barely enough to fund imports for six months, down from 11 months.