The proposal is yet to be approved by the Nepal Rastra Bank (NRB) and the Annual General Meeting (AGM). Nepal Infrastructure Bank (NIFRA) had a paid-up capital of Rs 20 billion of …
ADB approves power project loan in Nepal
The Asian Development Bank (ADB) has approved a $60 million loan as additional support for the ongoing Electricity Grid Modernisation Project that is upgrading power transmission and distribution …
SDG-7 roadmap of Nepal unveiled
Minister for Energy, Water Resources and Irrigation Pampha Bhusal today unveiled Nepal’s roadmap for achieving the Sustainable Development Goals (SDG- 7). The roadmap aims to provide access to …
Missing links in Nepal’s MCC debate
Over the last four years of contentious debate and polarising ideological arguments, it continues to await endorsement by Parliament. If endorsed, it will be the biggest grant aid Nepal has ever …
Nepal govt plans to table Appropriation Bill
The Government of Nepal has planned to table an appropriation bill for endorsement in the lower house on Monday morning amid protest from the opposition.
Row over Nepal tea engulfs Tatas
The Tatas have been dragged into a snowballing controversy over an unchecked flood of Nepal tea imports into the country. The Rs 7,287-crore Tata Consumer Products Ltd (TCPL, formerly Tata Tea) has …
Row over Nepal tea engulfs Tatas
The Tatas have been dragged into a snowballing controversy over an unchecked flood of Nepal tea imports into the country. The Rs 7,287-crore Tata Consumer Products Ltd (TCPL, formerly Tata Tea) has …
4.4 mln doses of Chinese COVID-19 vaccines arrive in Nepal
With the latest consignment of COVID-19 vaccines landing in Kathmandu on Friday, Nepal has now received all 6 million doses the government purchased from …
Ambassador of Nepal to Bangladesh and High Commissioner of Maldives to Bangladesh visit UAP on Invitation from OIA
On September 14, 2021, two teams from of the Embassy of Nepal and the High Commission of Maldives to Bangladesh headed by His Excellency Dr Banshidhar Mishra, Ambassador of Nepal to Bangladesh and Her …
Explained: Why is Nepal facing a government shutdown?
The Sher Bahadur Deuba government has not been able to spend money from the state coffers since Wednesday midnight. Nepal is currently facing a government shutdown, a situation that the country has …