Ahmedabad-Colombo Direct Flight Link Set to Transform Gujarat-Sri Lanka Tourism Corridor

Ahmedabad-Colombo Direct Flight Link Set to Transform Gujarat-Sri Lanka Tourism Corridor

A new direct flight route between Ahmedabad, India, and Colombo, Sri Lanka, officially launched this week, slashing travel time to just three hours and opening a strategic aviation corridor between the two regions. The connectivity initiative, driven by rising demand from Gujarat’s burgeoning middle class, aims to bolster bilateral tourism and trade ties by eliminating…

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Sri Lanka Hikes Interest Rates Amid Economic Volatility and Global Fuel Spikes

Sri Lanka Hikes Interest Rates Amid Economic Volatility and Global Fuel Spikes

Economic Policy Shift The Central Bank of Sri Lanka announced a surprise 100-basis-point increase in its benchmark interest rate to 8.75% on Wednesday, responding to a severe convergence of domestic inflation and external shocks triggered by the escalating conflict involving Iran. This aggressive monetary policy tightening aims to stabilize the national currency and curtail runaway…

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