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SRI LANKA FUEL SHORTAGE - The Economic Times
SEARCHED FOR:Kuldip Yadav and Richard Gleeson change IPL teams, CSK buys leg spinner for Rs 30L, RCB shells out Rs 1.6 cr for pacerChennai Super Kings and Royal Challengers Bengaluru have secured replacements for injured pacers Khaleel Ahmed and Nuwan Thushara. CSK signed Kuldip Yadav for ₹30 lakh, while RCB brought in English bowler Richard Gleeson for ₹1.6 crore. Thushara also withdrew his legal case against Sri Lanka Cricket, citing the tournament's progression.15 May, 2026, 05:30 PM ISTPetrol, diesel prices hiked: What are the fuel rates in Pakistan, Nepal & Bangladesh? Check latest price comparisionPetrol, diesel prices in India vs neighbour countries: After petrol and diesel prices were increased by Rs 3 per litre in India, fuel costs have once again become a talking point for daily commuters. But how expensive is fuel in India compared to neighbouring countries like Pakistan, Sri Lanka, Nepal, Bangladesh and Bhutan? Here’s a country-by-country comparison after the latest revision.15 May, 2026, 11:17 AM IST'Modi ki vasooli shuru': opposition parties take a dig at PM over fuel price hikeCongress has strongly criticized Prime Minister Narendra Modi. The party stated that fuel prices have increased by Rs 3 per litre for petrol and diesel. CNG prices also saw a Rs 2 per litre hike. Congress linked this price rise to the completion of recent Assembly elections. They accused the Prime Minister of beginning extortion after the elections concluded.15 May, 2026, 10:15 AM ISTDiesel Price Today (May 15): Check new diesel prices in Delhi, Mumbai, Kolkata, Chennai and Bangalore after centre hikes fuel ratesDiesel Price Today (May 15): Fuel prices have seen an immediate Rs 3 per litre hike for petrol and diesel nationwide. Diesel rates in major cities like Delhi, Kolkata, and Mumbai have risen significantly. This comes as oil companies absorb substantial daily losses due to soaring global crude oil prices, exacerbated by Middle East conflicts. Citizens are urged to reduce consumption.15 May, 2026, 08:49 AM ISTRajasthan petrol pumps say OMCs cutting suppliesRajasthan petrol pump dealers allege oil marketing companies have reduced fuel supplies and imposed informal sales limits on consumers. This move, communicated via mobile messages and verbal instructions, could potentially lead to law and order issues at fuel stations across the state.15 May, 2026, 12:44 AM ISTVaibhav Sooryavanshi named in India A squad for SL tri-series, Tilak to lead sideTeenage batting sensat...
Sri Lanka's Fuel Crisis: Government's Response and Challenges (2026)
Sri Lanka's Balancing Act: Relief, Coal Crises, and Political Maneuvering Sri Lanka finds itself at a crossroads, navigating a delicate balance between economic relief measures and deepening crises, all while political tensions simmer beneath the surface. As the country celebrates its National New Year, the government's efforts to alleviate the burden on its citizens are overshadowed by a looming coal crisis and allegations of corruption. Relief Package: A Temporary Band-Aid? President Anura Kumara Dissanayake's announcement of a Rs. 100 billion relief package is a welcome gesture, but it raises questions about its long-term sustainability. The package, targeting diesel, petrol, fertiliser, and electricity subsidies, as well as an increase in the Aswesuma allowance, aims to ease the rising cost of living. However, what's striking is the President's admission that the price of a litre of diesel would exceed Rs 600 if adjusted to market rates. This revelation begs the question: Is the government merely postponing the inevitable pain, or is this a strategic move to buy time while exploring alternative solutions? In my opinion, the relief package is a necessary short-term measure, but it's crucial to address the root causes of the economic strain. The government's focus on subsidies might provide temporary relief, but it's essential to consider the long-term implications of such interventions. What many people don't realize is that subsidies can distort markets and create dependencies, potentially hindering the development of more sustainable solutions. The Coal Crisis: A Ticking Time Bomb The coal crisis, stemming from the supply of low-grade coal by India's Trident Chemphar, is a pressing concern. The President's acknowledgment of the problem and his assurance that the cost of reduced electricity generation won't be passed on to the public are reassuring. However, the situation is far from resolved. One thing that immediately stands out is the discrepancy between the laboratory reports certifying the coal's quality and the actual performance of the Lakvijaya Coal Power Plant. The President's claim that the coal continues to pass tests, despite its subpar quality, raises serious questions about the testing process and the integrity of the supply chain. From my perspective, the coal crisis is a symptom of a larger issue – the need for transparent and accountable procurement processes. The National Audit Office's report, highlighting the relaxation of c...
Sri Lanka Aims to Cut Fuel Use Amid Rising Costs, Says President Anura ...
President Anura Kumara Dissanayake says the government's objective is to reduce fuel consumption, and that recent decisions, including fuel price increases, have been taken with that goal in mind. Speaking at the Nuwara Eliya District Special Coordination Committee meeting, the President said that due to rising fuel prices in the global market, the actual cost of a litre of diesel in Sri ...
Government aims to curb fuel use amid rising global prices - President ...
Limiting fuel consumption is a primary government goal to control the outflow of foreign exchange as global fuel prices rise, Anura Kumara Dissanayake stated. The President shared these views ...
