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Inflation in Sri Lanka exceeded 60%

Sri Lanka is currently experiencing the worst financial and economic crisis over recent decades: in July, the inflation rate in the country.

Inflation nears record 40% in Sri Lanka amid commodity shortages

Fact Check: Sri Lankan ministers were NOT stripped naked and interrogated by a mob

Several social media users claim that the viral video shows Sri Lankan ministers stripped naked and interrogated in public by angry citizens. However, India Today Anti Fake News War Room (AFWA) found that the men seen in this video were not MPs. They were prisoners.

Sri Lanka s deepening economic crisis hits its imports and exports

With the prevalent situation, India’s exporters are rethinking plans to send shipments to Sri Lanka as state-run companies have run out of money and private buyers have cancelled orders. Without assurances from the government, exports to the island nation are set to shrink from April, analysts say.

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