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Fuel prices in Sri Lanka have risen to an all-time high of 420 rupees per liter

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Fuel prices in Sri Lanka have risen to an all-time high of 420 rupees per liter

Sri Lanka raised the price of gasoline by 24.3% and diesel by 38.4% on Tuesday, a record increase in fuel prices amidst the country’s worst economic crisis due to a lack of foreign exchange reserves.

With the second increase in fuel prices since April 19, the most commonly used Octane 92 petrol will now cost 420 rupees (USD 1.17) and diesel 400 rupees (USD 1.11) per litre, both at an all-time high.

Ceylon Petroleum Corporation, the state fuel entity, decided to raise the price of Octane 92 petrol by 24.3 percent, or 82 rupees, and diesel by 38.4 percent, or 111 rupees per litre (CPC).

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“At 3 a.m. today, the fuel price will be revised. The Cabinet-approved fuel pricing formula was used to revise the prices,” Power and Energy Minister Kanchana Wijesekara said on Twitter.

“All costs associated with importing, unloading, distribution to stations, and taxes are included in the price revision.”

“In addition, the Cabinet approved the revision of transportation and other service charges.” “The formula will be used every two weeks or once a month,” he said.

The increase came as the public endured long lines at fuel stations affected by shortages.

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The retail prices of fuel have also been raised by Lanka IOC, the Sri Lankan subsidiary of India’s oil major Indian Oil Corporation.

“We’ve raised our prices to match the CPC,” LIOC CEO Manoj Gupta told PTI.

Meanwhile, auto-rickshaw operators announced that the first kilometre would cost 90 rupees and the second would cost 80 rupees.

The government announced that heads of institutions would have discretion over which employees would be required to report physically as a cost-cutting measure. Allow the others to work from home.

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Since 2002, Lanka IOC has been operating in Sri Lanka.

As the country grapples with a severe foreign exchange crisis, Sri Lanka has been considering various options to facilitate measures to prevent fuel pumps from running dry.

The island nation is experiencing unprecedented economic difficulties, the worst since its 1948 independence from Britain. Due to a lack of dollars to pay for imports, it is experiencing a shortage of almost all necessities.

Long lines for fuel, cooking gas, and other essentials have formed due to a crippling shortage of foreign reserves, while power outages and soaring food prices have added to the people’s misery.

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The economic crisis has sparked a political crisis in Sri Lanka, with demands for President Gotabaya Rajapaksa’s resignation. The crisis has already forced President Mahinda Rajapaksa’s elder brother, Prime Minister Mahinda Rajapaksa, to resign on May 9.

Inflation approaching 40%, food, fuel, and medicine shortages, and rolling power outages have sparked nationwide protests and sent the currency plummeting, leaving the government short of foreign currency reserves to pay for imports.

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YouTube marks 20th anniversary by launching new useful features What’s new

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YouTube marks 20th anniversary by launching new useful features What’s new

YouTube has celebrated its 20th anniversary with several new features, including functional upgrades and new features for YouTube TV. The platform has introduced personalised radio stations via Ask Music, which is available to YouTube Premium and YouTube Music users on both iOS and Android devices. Additionally, YouTube is rolling out the ability to fast-forward.

YouTube TV members will gain the ability to build their own multiview experiences, starting with a selection of non-sports content from a small group of popular channels. The platform is introducing improved navigation, better playback quality, and easier access to features such as comments, channel information, and more through videos at 4x speed, providing more.

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  1. Delete Unnecessary Emails: Regularly clearing unwanted emails helps maintain storage. Open Gmail in your browser or mobile device, go to your Inbox, Social, or Spam folder, filter messages, select emails to delete or check the box to select all emails in the folder, and click the “Delete” button. The emails will be moved to the Trash folder Empty Your Spam and Trash Folders: If deleted emails remain in your Trash.
  2. Unsubscribe from Unwanted Emails: Open a promotional email and click “Unsubscribe” at the bottom of the email to reduce future accumulation April 2025 — YouTube, the world’s largest video-sharing platform, is celebrating its 20th anniversary with the launch of several innovative features aimed at enhancing user experience, empowering creators, and embracing the future of digital content.

  3. 1. AI-Powered Video Summaries
    One of the most anticipated features is AI-generated video summaries, which will now appear below eligible videos. This allows viewers to preview content quickly and decide whether to watch the full video. The summaries are automatically created using advanced natural language processing and are designed to boost discoverability and engagement.

  4. 2. “Jump Ahead” Smart Chapters
    YouTube is introducing smart chapters with “Jump Ahead” capabilities, allowing viewers to skip to the most engaging parts of videos based on audience retention data. The feature leverages machine learning to identify sections that retain viewers the most and gives users a prompt to “Jump Ahead” with a single tap.

  5. 3. Creator Insights Dashboard Upgrade
    For content creators, YouTube has upgraded its Creator Studio Dashboard with enhanced real-time analytics, audience mood tracking, and AI-suggested titles and tags. The platform’s algorithms now offer dynamic suggestions for improving performance, personalized for each creator’s channel and content style.

  6. 4. YouTube Create App Expansion
    Following positive feedback from beta users, YouTube is officially rolling out the YouTube Create app in over 30 new countries. This free mobile video editing tool includes features like auto-captions, royalty-free music, filters, and multi-clip editing — giving creators more control without the need for expensive software.

  7. 5. Enhanced Live Shopping Tools
    With e-commerce booming, YouTube is expanding its Live Shopping tools, allowing creators to tag mini-social network within the platform. These tools are products, integrate affiliate links, and host shoppable livestreams with real-time viewer interaction. The new update supports multi-vendor support, making collaborations with brands smoother and more profitable.

  8. 6. Smart TV Upgrades
    YouTube is giving its TV interface a refresh, introducing a sleeker design with quicker access to playlists, subscriptions, and smart recommendations. A new “Ambient Mode interactive content suggestions and previews when the app is idle, turning the TV into a dynamic home hub for entertainment.

  9. 7. Community Tab Enhancements
    To improve engagement, YouTube is enhancing its Community Tab with interactive stickers, polls, countdowns, and quizzes — turning it into a mini-social network within the platform. These tools are aimed at helping creators keep their audience involved even between video uploads.
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