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1,500 Nepalis leave daily for foreign jobs

KATHMANDU: Due to not getting employments within the country, more than 1,500 Nepalis are bound to leave the country daily

Asia Paficic LDCs ministerial meeting starts today

KATHMANDU: The Government of Nepal in collaboration with the United Nations Office of the High Representative for LDCs, LLDCs and

China Breaks India Monopoly on Nepal Economy as Investment Grows

By Natalie Obiko Pearson, KATHMANDU: In the dusty outskirts of Kathmandu, south of the Himalayan mountain range that holds the

China raises aid to Nepal

KATHMANDU: China has become yet another development partner to raise foreign aid quota for the country, as it has pledged

Nepal selected for US Compact grant

Prakash Adhikari, KATHMANDU: Nepal selected for The United States Millennium Challenge Corporation programme (MCC). The MCC Board meeting, held in

Upper Trishulki-1 waiting for PDA‚ PPA

KATHMANDU: The Upper Trishuli-1 Hydroelectricity Project (216 megawatt) is waiting for the signing of the project development agreement (PDA) and

Air Malindo plan to serve TIA from Jan

KATHMANDU: Malindo Air is seeking to launch flights to Nepal’s capital Kathmandu from Jan 18 next year. The airline has

NMB‚ Prudential sign merger deal

KATHMANDU: NMB Bank, which embarked on a merger spree earlier this year, today signed another deal that would help it

NRB declares NFL ‘troubled’

KATHMANDU: Nepal Rastra Bank (NRB), the banking sector regulator, has declared Nepal Finance Ltd (NFL) ‘problematic’ as its financial health

Exim Bank gives $1 billion to Nepal, the largest since…

MUMBAI: The Export-Import Bank of India (Exim Bank) on Wednesday said it had extended $1 billion in line of credit

China opens second land port in Nepal to boost trade…

BEIJING (PTI): In a major boost for bilateral trade between China and Nepal, a second cross-border trading route has come

SAARC pact instrumental for Nepal´s energy development: FM Pandey

KATHMANDU: Minister for Foreign Affairs Mahendra Bahadur Pandey has said that SAARC Framework Agreement on Energy Cooperation (Electricity) has paved

Nepal expected to benefit from energy agreements

KATHMANDU: Nepal is to be benefited from the recently concluded energy agreements among the SAARC nations. Indian companies are giving

South Asian leaders reach last-minute energy deal

BINAJ GURUBACHARYA, KATHMANADU (AP): South Asian heads of state attending their first summit in three years reached a deal on

SAARC Summit issues 36-pt declaration

KATHMANDU: The 18th South Asian Association for Regional Cooperation (SAARC) Summit concluded today issuing a 36-point Kathmandu Declaration. The Summit

Air Works inks tie-up with Nepal company

New Delhi(PTI): Aircraft engineering service provider Air Works today said it has entered into a joint venture with Yaksa Investment

Narendra Modi signs 10 agreements with Nepal, inaugurates bus service

NEW DELHI (TNN):Flagging off the Delhi-Kathmandu bus service, Prime Minister Narendra Modi signed more than 10 agreements with Nepal on

Nepal, India to Sign Projects Worth $2 Billion

KATHMANDU: Nepal and India will sign around a dozen pacts worth $2 billion covering sectors like energy, security, tourism and

Nepal gives Indian firm green light for $1 bln hydroelectric…

BY GOPAL SHARMA, KATHMANDU,(Reuters): Nepal has given an Indian company permission to build a 900 megawatt hydropower plant, government officials

Nepal nod for Reliance, Satluj to invest billions in cement…

KATHMANDU: Two prominent Indian business houses have received Nepal government's approval to invest NRs 144 billion for setting up cement