Page 54 - Kandy News Today

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Along with India, travellers from six other countries including China, Russia, Malaysia, Japan, Thailand and Indonesia can also travel without any visa.

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The bilateral agreement on the grant was signed on Thursday at the Presidents House in Colombo in the presence of President Ranil Wickremesinghe and Finance Minister Nirmala Sitharaman during her three-day visit to the island nation. The first project to be initiated under the USD 15 million grant is the solar electrification of religious sites across Sri Lanka, with an allocation of USD 10 million, the Presidents Media Division of Sri Lanka said in a statement.

Sri Lankan president Wickremesinghe and India Finance Minister Sitaraman engaged in lengthy bilateral discussions during the bilateral agreement signing event

SBI Chairman Dinesh Khara and Gopal Baglay, Indias High Commissioner to Sri Lanka, were also present during the event.

Indias Finance Minister, Nirmala Sitharaman, has praised the State Bank of India (SBI) for launching a direct Sri Lankan Rupee-Indian Rupee trade, making it the first foreign bank in Sri Lanka to do so. Sitharaman inaugurated the second SBI branch in Jaffna during her official visit to Sri Lanka. The initiative aims to provide an alternative to importers of Sri Lanka, reducing dependency on the US Dollar. SBI is also expanding its remittance services in Sri Lanka through its digital platform.

India's Finance Minister, Nirmala Sitharaman, has praised the State Bank of India (SBI) for launching a direct Sri Lankan Rupee-Indian Rupee trade, ma

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India Business News: Godrej Properties, the real estate arm of Godrej Group, has reported a 22% increase in its consolidated net profit to INR 66.80 crore ($9 million) for