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India’s next Prime Minister Narendra Modi wants to invite all heads of governments of SAARC countries including Sri Lankan President Mahinda Rajapaksa for his swearing-in ceremony on May 26. Modi apparently wants to send out through this invitation a “very strong signal of a neighbour-friendly new government “, BJP sources say. Modi conveyed this wish of his to President Pranab Mukherjee when he met him on Tuesday. The President seemingly welcomed it as a ‘good idea’ and has passed this on to the ministry of external affairs which is now examining the proposal, sources in Rastrapati Bhavan said here. There is no recent precedent for inviting foreign heads of governments when an Indian prime minister has been sworn in, but Modi has a penchant for doing the most unusual. SAARC nations include Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka and Afghanistan. Modi apparently wants to send out through this invitation a “very strong signal of a neighbour-friendly n

Though the Central Bank of Sri Lanka (CBSL) was first to introduce PayPal to Sri Lanka through the Sampath Bank, it is revealed that three other banks too have been now earmarked by the CBSL. A senior official from the CBSL told AdaderanaBiz, “We were to first introduce PayPal through the Sampath Bank. However, we now plan to introduce this service to the country through four banks. We also plan to gradually involve the rest of the banks in the country.” While the CBSL is discussing with the PayPal branch in India to introduce the service to Sri Lanka, PayPal’s Indian arm has reportedly requested a report on Sri Lanka’s exports. The senior CBSL official told AdaderanaBiz that they would be submitting such a report and hence the introduction of PayPal to Sri Lanka would face a slight delay. Though cash cannot be remitted to Sri Lanka through the world renowned PayPal money transfer service sending money from Sri Lanka is possible even now.