INSUBCONTINENT EXCLUSIVE:
the only private oil company that operates retail petrol and diesel stations in Sri Lanka.On December 22, 2023, the Indian envoy to Sri
Lanka, Santosh Jha, presented credentials to Sri Lankan President Ranil Wickremesinghe
next High Commissioner to Sri Lanka.The economic crisis in Sri Lanka has adverseky affected food security, agriculture, livelihoods, and
Senthil Thondaman affirmed support for sitting premier Ranil Wickremesinghe and backed him to be re-elected, saying that he stabilised the
country and lifted the economy from dire straits.On the ongoing negotiations with the International Monetary Fund (IMF) for securing the
third tranche of loans for the economic bailout and recovery, the Lankan leader said the President was working with the world body to obtain
the necessary funding and support and the country was well and truly on the road to recovery.Sri Lanka has been reeling under a severe
at a time when the country, also known as the Emerald Isle, was staring at an economic abyss, with riots breaking out and the previous
Rajapaksa government collapsing in the face of mounting public anger, India came out in its support and extended a helping hand to its
southern neighbour.New Delhi not only opened a line of credit for the embattled nation but also extended timely assistance on various fronts
to help the island nation recover from the crippling economic crisis.Source: ANI
