LNP – Tesla is ‘not interested’ in producing cars in India – minister
Elon Musk-owned electric vehicle (EV) giant Tesla is “not interested in manufacturing in India”, the country’s heavy industries minister has said.
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Business
LNP – Sri Lankan economy remains resilient supported by healthy inflows: CBSL
The external sector of the Sri Lankan economy remained resilient in April 2025, supported by healthy inflows from tourist earnings and workers’ remittances, according to the Central Bank of Sri Lanka (CBSL).
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LNP – BYD EV demand in Sri Lanka “exceeds expectations”: JKH
The Sri Lankan appetite for electric mobility is accelerating faster than anticipated, with over 5,000 BYD vehicles reserved since the brand’s entry into the market earlier this year
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LNP – India overtakes Japan to become the fourth-largest economy: NITI Aayog CEO
India overtakes Japan to become the fourth largest economy in the world, Aayog CEO BVR Subrahmanyam has said.
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LNP – Salt prices not a matter to be taken with a pinch of salt
Sri Lanka, currently facing a severe salt shortage and salt prices increasing rapidly, 1 kilogram packets of crystal salt reportedly being sold at prices ranging between Rs. 450 and Rs. 500 in some areas are expected to reduce drastically as the Cabinet of Ministers has approved the importation of salt from India, an official said.
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LNP – CEB proposes 18.3% electricity tariff hike for June–Dec 2025
The Ceylon Electricity Board (CEB) has submitted a proposal to the Public Utilities Commission of Sri Lanka (PUCSL) seeking an 18.3% increase in electricity tariffs for the period from June to December 2025.
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LNP – Sri Lanka records surge in tourist arrivals and earnings in early 2025
The Sri Lanka Tourism Development Authority (SLTDA) reports that 33,910 international tourists arrived in the country during the first week of May 2025, marking a notable increase compared to the same period in previous years.
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LNP – Govt. begins second batch of bidding for 27 more luxury vehicles
Presidential Secretariat yesterday announced the commencement of second batch of bidding for the sale of 27 luxury and decommissioned vehicles.
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LNP – Cabinet greenlights minimum wage hike for private sector employees
The government has taken another step towards ensuring the national minimum monthly and daily wages of private sector employees be increased in parallel with the recent revision in the salaries of state sector employees.
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LNP – EU reminds Sri Lanka of GSP+ conditions
The European Union (EU) has reiterated the urgency for Sri Lanka to align its domestic laws with the international human rights and labour conventions, if it is to continue reaping the benefits of preferential access to the EU market, under the GSP+ trade scheme.
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