Bangladesh has hiked fuel prices by 51%. This is the biggest hike in the country's history. Demonstrations have begun in Dhaka, the protesters are angry at the ongoing economic turmoil. Is Bangladesh heading toward a Sri Lanka-like crisis? Palki Sharma reports.

Gravitas: Is Bangladesh heading toward a Sri Lanka-like crisis?

Germany’s Interior Minister Nancy Feser, warned of possible radical protests in the country amid soaring energy prices in the country.

Germany's Interior Minister warns of unrest over fuel prices

Pakistan government announced a decrease in fuel prices to pass on a decline in global prices to inflation-hit consumers. The decision comes after the rates were previously hiked four times in recent months.

WION Dispatch: Pakistan government cuts fuel prices after 4 consecutive hikes

People in Pakistan gave a bit of a sigh of relief as the country's PM Shehbaz Sharif has slashed petrol and diesel prices. In his address the Pakistani PM announced that the petrol was being cut by more than 18 Pakistani rupees while price of diesel has now gone down by about 40.54 Pakistani rupees.

Fuel prices drop in Pakistan; PM Shehbaz Sharif blames Imran Khan govt for economic woes

While UK Prime Minister Boris Johnson fights to remain in office there are several issues requiring urgent attention. From soaring cost of living prices to protest over rising cost of fuel, there are several things that the British public are unhappy about.

A look at the most pressing issues plaguing UK

Sri Lanka is battling its worst economic crisis since independence. The crisis hit island nation hiked its petrol prices again. This is the third price revision in two months and will come to effect from today.

Sri Lanka hikes fuel prices, third price revision in two months

Sri Lankan singer, songwriter, and music producer Yohani speaks to WION on Sri Lanka's current situation. Listen to this conversation to know more about the Sri Lanka crisis.

Sri Lankan singer and songwriter Yohani speaks to WION on Sri Lanka crisis

Political instability continues to haunt Mahinda Rajapaksa's government in Sri Lanka as thousands hit the streets demanding the prime minister's resignation. The Sri Lankan government has defended imposition of emergency amid flak from the opposition.

Sri Lankan crisis: Government defends imposition of emergency amid flak from opposition

Cascading effect of Sri Lanka's ongoing economic crisis has led to deepening political instability. Protests continue in the Island nation for weeks now with people coming to the streets to demand resignation of the Rajapaksa regime. PM Mahinda Rajapaksa was heckled by the protesters today during Anuradhapura Visit.

Political turmoil in Sri Lanka: PM Mahinda heckled during Anuradhapura Visit

Protests continue in Sri Lanka for weeks now with people coming to the streets to demand the resignation of the Rajapaksa regime. PM Mahinda Rajapaksa was heckled by the protesters today during Anuradhapura's Visit today. For more perspective on this, we're joined by Ambika Satkunanathan, former commissioner of the Human rights commission of Sri Lanka.

Sri Lanka crisis: PM Mahinda Rajapaksa to meet top Buddhist leaders?

Dissent against Sri Lankan President is growing as a group of students tried to storm into the Sri Lankan Parliament. The protests were being staged by the inter-university students federation. Police fired tear gas on student protesters.

Sri Lanka crisis & chaos: WION Correspondent hit by tear gas

Amid the ongoing political and economical crisis, Ranjith Siyambalapitiya, a Sri Lankan MP, was re-elected as Deputy Speaker of Parliament today.

Sri Lanka crisis & chaos: All eyes now on the no-confidence motion

Youth becomes the face of Sri Lankan protests as protests against the Rajapaksa family has intensified. PM Mahinda Rajapaksa has refused to step down. For more on this, we're joined by WION's correspondent Dasuni.

Sri Lanka crisis: Protests continue against Rajapaksa family

Few media reports claim that president Gotabaya Rajapaksa has agreed to form an interim government with a new prime minister and cabinet. However, Sri Lankan president Gotabaya is yet to issue an official statement. For more perspective on this, we're joined by WION's correspondent Dasuni.

Sri Lanka crisis & chaos: Colombo all set for cabinet overhaul?

Sri Lankan president Gotabaya is yet to issue an official statement but local media reports claim that president Gotabaya Rajapaksa has agreed to form an interim government with a new prime minister and cabinet. For more perspective on this, we're joined by WION's correspondent Dasuni.

Sri Lanka: President Gotabaya's Nod for new govt amid growing calls to quit

Protest against the government is gaining momentum in Sri Lanka. Trade unions have threatened to go on strike from May 6th. Protestors are demanding the Lankan govt's resignation. To get more details, watch this report by Dasuni.

Sri Lanka crisis & chaos: Protest against government gains momentum

Debt-ridden Sri Lanka's inflation has hit a record high for the six consecutive months. The official data on rising inflation has now raised concerns as the Sri Lankan government has asked the international monetary fund for an urgent bailout.

Sri Lanka crisis: Record inflations hits cash-strapped Sri Lanka

India's finance minister Nirmala Sitharaman has called on the International Monetary Fund (IMF) for urgent financial assistance to Sri Lanka. Even Colombo is in talks with the IMF for a bailout.

Crisis-hit Sri Lanka seeks emergency economic aid from IMF

Sri Lanka is dealing with its worst economic crisis, streets are going dark and fuel is running out. People are protesting on the streets against President Rajapaksa and his government is being blamed for the mishandling of the economy.

Sri Lanka crisis & chaos: 'I regret the crisis', says Sri Lankan President Gotabaya Rajapaksa

South Asia's debt-ridden nation of Sri Lanka has turned to the IMF for a bailout package. FM Ali Sabry will hold talks with the global monetary body in Washington. Cricket icon Sanath Jayasuriya has joined the anti-govt stir in Sri Lanka.

Sri Lanka economic crisis: Cricket icon Sanath Jayasuriya joins anti-govt stir

Due to Sri Lanka's economic crisis, the stock exchange has been halted for five days. The announcement was made by the Colombo stock exchange. Sri Lanka is facing a food and fuel shortage as well.

Sri Lanka declares 5 day share trading halt, faces food and fuel shortage

Sri Lankans shared milk rice and oil cakes to celebrate their traditional new year on Thursday opposite the president’s office, where they camped out for a sixth day demanding his resignation over the worst economic crisis.

Sri Lanka crisis: Protesters reject government's invitation for talks

After weeks of protests on the streets in Sri Lanka, protesters are demanding the resignation of Sri Lankan President Gotabaya Rajapaksa. To get more details on the Sri Lankan crisis, watch this report by Dasuni.

Sri Lanka crisis: Protestors demand resignation of President Gotabaya Rajapaksa

Sri Lanka has doubled the interest rates to tame inflation. There's an unprecedented 700 basis point hike by the Central bank. The rate for deposits has increased to 13.5%. To get more perspective, watch this report by Dasuni Athauda.

Crisis-hit Sri Lanka doubles interest rates to tame inflation

No Food, No Fuel School cancels exams over paper shortage Hospitals run out of life-saving drugs But President Gotabaya Rajapaksa won't resign. What went wrong? Decode the Sri Lanka crisis with our experts Ambika Satkunanathan, Shanakiyan Rajaputhiran & Ranil Wickremesinghe

Sri Lanka Crisis Decoded | WION Wideangle

In an exclusive conversation, our Sri Lanka correspondent Dasuni spoke with Jeevan Thondaman who is a member of the parliament of Sri Lanka. He was appointed as the president's youngest state minister but recently he has resigned amid the Sri Lankan crisis.

Sri Lanka crisis & chaos: Sri Lanka's MP Jeevan Thondaman speaks to WION

Arjuna Ranatunga, legendary Sri Lankan cricketer and former minister, spoke with WION's Dasuni in an exclusive interview, sharing his thoughts on the worsening economic and political crisis in the country.

Sri Lanka Crisis: WION speaks to Sri Lankan cricket legend Arjuna Ranatunga

The cost of fuel continued to soar in India, with diesel and petrol prices hiked 40 paise per litre—the twelfth hike in two weeks.

In the national capital Delhi, petrol will now cost Rs 103.81 per litre, while diesel will be sold at Rs 94.67 per litre, according to a price notification of state fuel retailers.

In the financial hub Mumbai, the petrol price has shot up to Rs 118.83 per litre, while the diesel rate has been increased to Rs 103.07.

Rates have been increased across the country and vary from state to state, depending upon the incidence of local taxation.

With Monday’s hike, the compound increase in the last 14 days amounts to Rs 8.40 per lire.

The fuel prices had remained the same for four and a half months from November 2021 till the third week of March.

In November last year, when the petrol and diesel prices were at an all-time high, the government had slashed excise duty on fuel to bring relief to the consumer’s pocket.

Meanwhile, the fuel prices are expected to rise again considering the sharp jump in crude prices in the international markets following the Russian invasion of Ukraine.

At present, India imports nearly 85 per cent of its crude oil requirements.

Moody's Investors Services last month stated that state retailers together lost around US $2.25 billion (Rs 19,000 crore) in revenue for keeping petrol and diesel prices on hold during the election period. Oil companies "will need to raise diesel prices by Rs 13.1-24.9 per litre and Rs 10.6-22.3 a litre on gasoline (petrol) at an underlying crude price of US $100- 120 per barrel," according to Kotak Institutional Equities.

(With inputs from agencies)

The cost of fuel continued to soar in India, with diesel and petrol prices hiked 40 paise per litre—the twelfth hike in two weeks. In the national capital Delhi, petrol will now cost Rs 103.

The cost of fuel continued to soar in India, with diesel and petrol prices hiked 40 paise per litre—the twelfth hike in two weeks. In the national capital Delhi, petrol will now cost Rs 103.81 per litre, while diesel will be sold at Rs 94.67 per litre, according to a price notification of state fuel retailers. In the financial hub Mumbai, the petrol price has shot up to Rs 118.83 per litre, while the diesel rate has been increased to Rs 103.07. Rates have been increased across the country and vary from state to state, depending upon the incidence of local taxation. With Monday’s hike, the compound increase in the last 14 days amounts to Rs 8.40 per lire. The fuel prices had remained the same for four and a half months from November 2021 till the third week of March. In November last year, when the petrol and diesel prices were at an all-time high, the government had slashed excise duty on fuel to bring relief to the consumer’s pocket. Meanwhile, the fuel prices are expected to rise again considering the sharp jump in crude prices in the international markets following the Russian invasion of Ukraine. At present, India imports nearly 85 per cent of its crude oil requirements. Moody's Investors Services last month stated that state retailers together lost around US $2.25 billion (Rs 19,000 crore) in revenue for keeping petrol and diesel prices on hold during the election period. Oil companies "will need to raise diesel prices by Rs 13.1-24.9 per litre and Rs 10.6-22.3 a litre on gasoline (petrol) at an underlying crude price of US $100- 120 per barrel," according to Kotak Institutional Equities. (With inputs from agencies)

Fuel prices continue to soar in India, 12th hike in two weeks

In Sri Lanka, economic crisis is affecting everyday life of Sri Lankans. They're facing power cuts and disrupted water supply. Watch this report by Dasuni from Colombo.

Sri Lanka's growing economic crisis causes daily power cuts & disrupted water supply

The entire government in Sri Lanka is controlled by one family, the Rajapaksas. To get detailed view on current situation of Sri Lanka, WION spoke to Batticaloa District MP Shanakiyan Rasamanickam.

Sri Lanka's economic crisis: WION speaks to Batticaloa District MP Shanakiyan Rasamanickam

In Sri Lanka, protesters are demanding Sri Lankan President Gotabaya Rajapaksa's resignation amid economic crisis. To get more details, watch this exclusive ground report by Dasuni on Sri Lanka's current scenario.

Sri Lanka: Demand grows for President Gotabaya Rajapaksa's resignation

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