Tensions are rising in Kathmandu, Nepal, as pro-monarchy protests escalated into violent clashes with security forces. Supporters of Rashtriya Prajatantrik Party (RPP), which seeks the return of King …
Nepal is betting its future on hydropower – but the climate crisis is washing those hopes away
Nepal is betting its future on hydropower – but the climate crisis is washing those hopes away – Nepal’s clean energy transition, almost entirely dependent on hydropower, is dangerously exposed to the …
World Bank says Nepal’s economy will grow, despite shocks
In its latest report on Nepal, the institution estimates that damage resulting from floods and landslides between June and October of last year cost the country the equivalent of 0.8% of its GDP.
Sacked Nepal official crowdfunds to pay fine imposed on Gyanendra
Supporters of former Nepali king Gyanendra Shah have raised Rs 4.8 lakh to help pay a penalty for damage during a pro-monarchy protest. The government had imposed an Rs 8 lakh fine for damage to …
India, Nepal ink 10 MoUs worth NRs 625 million for development projects
India and Nepal have signed 10 Memorandums of Understanding (MoUs) for high-impact community development projects in the Himalayan nation to be funded by Indian assistance amounting to NRs 625 million …
IFC, NRB launch report on impact of digital financial services in Nepal
Digital financial services are revolutionizing the financial landscape in Nepal, driving financial inclusion and economic growth, according to a flagship report launched by International Finance …
‘Governor from non-financial sector unacceptable’
The country’s economy is crumbling. Due to the unsatisfactory reduction of financial crimes such as corruption, tax evasion, money laundering, and cryptocurrency trading, Nepal has been placed on the …
Nippon Paint expands into Nepal’s growing premium automotive coating market
Nippon Paint, a global leader in automotive refinishing solutions, has expanded its footprint in Nepal, introducing premium coatings and innovative services to meet the country’s growing demand for …
Who is Gyanendra Shah? Former Nepal King in focus as pro-monarchy agitations swell
Gyanendra Shah’s recent comments about Nepal’s political state are believed to have catalysed violent pro-monarchy protests.
‘7 sisters of India landlocked’: Muhammad Yunus tells China Bangladesh is the only ocean gateway
Build things, produce things, market things. Nepal has hydropower, Bhutan has hydropower, we can bring to our purpose. You can produce in Bangladesh and sell in China,” he told officials.