 | Sri Lanka Crisis: Ranil Wickremesinghe elected as the new presidentActing President #RanilWickremesinghe was elected as Sri Lanka's new President by Parliament on July 20. The 73-year-old six-time former prime minister secured 134 votes in the 225-member House. His nearest rival and dissident ruling party leader Dullas Alahapperuma got 82 votes. The new President will have a mandate to serve out the rest of Rajapaksa's term, which ends in November 2024. Wickremesinghe, who is believed to be close to India and its leaders, has held many important posts during his political career spanning four and half decades. |
 | Sri Lanka Crisis: Ranil Wickremesinghe sworn in as PM, thanks IndiaIn a dramatic turn of events, #RanilWickremesinghe was appointed the 26th PM of #SriLanka by President Gotabaya Rajapaksa on May 12. Wickremesinghe, 73, has been PM 5 times before but his United National Party now has just one MP in the 225-member parliament. #SriLankaCrisis |
 | How Sri Lanka's economic crisis affects Indian businessesThe uncertainty due to the geopolitical crisis in eastern Europe is already taking a toll on exporters, travel and tourism industry and all other businesses in general, and now with the Sri Lankan economy floundering in the neighbourhood, things can’t get bleaker. The island nation is smaller in size but is of significant interest for India, both strategically and economically. Several Indian companies have a presence in the country. |
 | Sri Lanka Crisis: President Gotabaya Rajapaksa defies calls for his resignationSri Lankan President Gotabaya Rajapaksa on April 5 revoked the state of Emergency with immediate effect on his island nation. On April 1, President Rajapaksa has declared a public emergency amidst a spate of protests over the worst economic crisis in the country. Despite public anger Sri Lanka President will not be resigning, the government's whip has told parliament. The declaration defies calls from the public and political opponents for Gotabaya Rajapaksa to step down amid the country's economic crisis. |
 | Sri Lanka crisis: Protest at president Rajapaksa's home turns violent, police arrests 45 peopleAt least 45 people were arrested and a curfew briefly imposed in most parts of Colombo city after hundreds of protesters gathered outside the residence of Sri Lankan President Gotabaya Rajapaksa demanding his resignation for failing to address the worst economic crisis in the island nation. A foreign exchange crunch in Sri Lanka has led to a shortage of essential goods such as fuel,cooking gas, and power cuts that last up to 13 hours a day. |
