The 73-year-old United National Party was appointed as the prime minister by President Gotabaya Rajapaksa after they held closed-door discussions on Wednesday.
Ranil Wickremesinghe was on Wednesday elected as Sri Lanka's new President by Parliament, in a rare move that could provide continuity for ongoing discussions with the International Monetary Fund for a bailout for the cash-strapped nation but a development likely to anger anti-government protesters who have been demanding his resignation from office for weeks.
Wickremesinghe will resign after an all-party government is established and the majority is secured in Parliament.
'India has given assistance that we required, otherwise we would not have been able to survive this far.'
'The High Commission would like to categorically deny speculative reports in sections of media and social media about #India sending her troops to Sri Lanka. These reports and such views are also not in keeping with the position of the Government of #India,' the Indian mission said on Twitter.
The whereabouts of Mahinda Rajapaksa is being speculated since his resignation on Monday.
Embattled Sri Lankan President Gotabaya Rajapaksa had declared a state of emergency with effect from May 6 midnight, the second time in just over a month amidst growing countrywide anti-government protests over the economic crisis.
Priyantha Kumara, the Sri Lankan national, who was lynched by a mob in Pakistan's Punjab province on December 3 over allegations of blasphemy, was buried according to Buddhist and Catholic rites at Ganemulla, a suburb north of Colombo, on Wednesday, December 8.
Sri Lanka has slammed Dravida Munnetra Kazhagam chief M Karunanidhi's call for a Tamil Eelam, with Defence Secretary Gotabaya Rajapaksa saying he can have it in India where a larger population of Tamils live.
Both Mahinda Rajapaksa and Modi have learnt from their past mistakes. Modi has understood that Rajapaksa is a 'forever politician' that India has to live with, observes Ambassador M K Bhadrakumar.
Admiral Colombage said that President Gotabaya Rajapaksa would have an India first approach as the key to strategic security.
Lankan President Gotabaya Rajapaksa dissolved Parliament on March 2 and the general election was scheduled on April 25.
The Director of the Peradeniya Hospital in the central district of Kandy on Monday announced the temporary suspension of all routine surgeries due to the shortage of medicine.
Sri Lankans were on the edge on Tuesday as they waited whether embattled Gotabaya Rajapaksa will honour his offer to resign as president, amid signs that key members of the erstwhile powerful ruling family were attempting to flee in the face of massive public anger against them for mishandling the economy that has bankrupt the country.
On Sunday evening, Kumar Sangakkara and Mahela Jayawardene, both in India for the respective assignments in the Indian Premier League, posted messages about the crisis in their native Sri Lanka on social media and invited criticism for playing it safe.
The Sri Lankan Parliament is all set to elect the successor to Gotabaya Rajapaksa in a three-way presidential contest on Wednesday, following a high-voltage political drama which saw the former president fleeing the country and resigning after a popular uprising against his government for mismanaging the economy.
'No one in Sri Lanka could afford to stay at home, everyone came onto the street.'
The protesters left the main anti-government protest camp at Galle Face promenade where they had been staging sit-ins since April 9, branding it as the 'Gota go home village' (Rajapaksa go home).
'This is a historical moment in the political history of Sri Lanka.' 'You can see the amount of pressure that is coming from the people because nobody addressed the policy blunders, multiple corruption charges and huge scandals.'
The economic situation has led to huge protests with demands for the resignation of Prime Minister Mahinda Rajapaksa and President Gotabaya Rajapaksa.
'The worry among many international actors is whether there will be stability to provide assistance to the government because the political developments in the last few months are a real concern.'
Lankan Speaker told the party leaders that Parliament will meet on July 20 to elect a new president.
The government's poor handling of the economic crisis where people currently endure long hours of power outages and scarcity of essentials has angered the public which planned country-wide protests on Sunday.
Sri Lanka's Acting President Ranil Wickremesinghe on Monday imposed emergency giving him sweeping powers ahead of the key election on July 20 to pick a new President as he urged the political parties to put aside differences and form an all-party government, with the Opposition dubbing his decision as an 'undemocratic draconian act'.
Mahinda Rajapaksa, along with his wife and family, fled his official residence -- Temple Trees -- and took shelter at the naval base in Trincomalee.
'Gotabaya will expect India to observe the red line.' 'He even dispensed with any gesture welcoming India as an interlocutor on the Tamil issue.' points out Ambassador M K Bhadrakumar.
Sajith Premadasa, the 55-year-old leader of Sri Lanka's principal opposition party Samagi Jana Balawegaya, said on Tuesday that he was withdrawing from the race of President to provide support to Alahapperuma.
Anti-government protesters in Sri Lanka on Tuesday set up a checkpoint on the road leading to the Bandaranaike International Airport in Colombo to prevent the Rajapaksa family loyalists from fleeing the country, as violence and widespread protest continued against the regime over the country's worst economic crisis in decades.
Thousands of Inter University Students' Federation (IUSF) students were seen sloganeering outside the Prime Minister's Residence in Wijerama Mawatha.
Sri Lanka is going through the worst economic crisis since independence in 1948. A crippling shortage of foreign reserves has led to long queues for fuel, cooking gas and other essentials while power cuts and soaring food prices heaped misery on the people.
'For the first time, all major countries are discovering India's indispensability to their own foreign policy interests.'
Whatever its apprehensions and concerns about the regime of the Rajapaksa clan, India must be ready with unconditional assistance when Colombo asks for it. Because it will, observes Aditi Phadnis.
In a televised address to the nation, Mahinda, who is under growing pressure to quit due to the worst economic crisis facing the island nation, said that he understands the people's sufferings.
At least one person was killed and 12 others injured on Tuesday when the police opened fire to disperse angry anti-government protestors in Sri Lanka's southwestern region of Rambukkana, officials said.
A Sri Lankan court on Friday named former president Maithripala Sirisena as a suspect in the 2019 Easter bombings in which 270 people, including 11 Indians, were killed.
Sri Lankan authorities on Wednesday deployed troops and military vehicles in the streets to ensure public security in the capital amidst nationwide protests over the government's failure to tackle the worst economic crisis.
Sri Lanka is facing its worst economic crisis since gaining independence from the UK in 1948.
'If Ranil Wickremesinghe starts repressing and suppressing the protesters who represent the people, that will pose a danger for him to continue in office.'
'We have to keep a watch because India-Sri Lanka has a history that whenever there has been a change in government, either the connectivity projects have been questioned or cancelled or revived.'
A former Liberation Tigers of Tamil Eelam child soldier-turned-politician was acquitted by a court in Sri Lanka on Wednesday in the 2005 murder case of a senior ethnic Tamil lawmaker at the height of the country's bloody civil war.