News
Nepal to Feature Revised Map on 100 Rupee Notes
In a move that underscores Nepal’s territorial claims, the government has announced its decision to incorporate a new map of the country on the 100 rupee currency notes. The decision, confirmed by the Minister for Communication, Information and Technology, and government spokesperson, was made during the Cabinet meetings held on April 25 and May 2. […]
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Nepal Investment Summit 2024 Concludes – Cements Path for Boosting Investments
The third edition of the Nepal Investment Summit 2024 concluded on Monday, marking a significant milestone in the country’s efforts to attract domestic and foreign investments. The two-day event witnessed the signing of several crucial agreements and the laying of foundations for bringing in more investments into Nepal. According to Sushil Bhatta, Chief Executive Officer […]
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Nepal Internet Outage: Airtel Bandwidth Throttle Hits Services
Nepal’s internet services have been severely disrupted since Thursday afternoon due to a bandwidth restriction imposed by the Indian telecom giant Airtel. The widespread outage has impacted businesses, educational institutions, and daily life across the country, underscoring Nepal’s critical reliance on external providers for internet connectivity. According to internet service providers (ISPs) in Nepal, the […]
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Global Investors Laud Nepal’s Untapped Potential at Investment Summit
Title: Global Investors Laud Nepal’s Untapped Potential at Investment Summit Subtitle: Representatives from friendly nations, development partners, and private sectors express keen interest in exploring Nepal’s diverse investment opportunities across key sectors. News Article: Kathmandu, 1st May 2024 – The third Nepal Investment Summit, which commenced in Kathmandu on Sunday, has witnessed an outpouring of […]
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Nepal Oil Corporation Slashes Diesel, Kerosene Prices; Hikes Aviation Fuel Rates
In a move that will bring respite to consumers, the Nepal Oil Corporation (NOC) has announced a decrease in the prices of diesel and kerosene, effective immediately. However, the state-owned fuel distributor has also increased the rates for aviation fuel, both domestic and international, to align with global market dynamics. According to NOC spokesperson Manoj […]
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Nepal Oil Corporation Slashes Diesel, Kerosene Prices; Hikes Aviation Fuel Rates
In a move that will bring respite to consumers, the Nepal Oil Corporation (NOC) has announced a decrease in the prices of diesel and kerosene, effective immediately. However, the state-owned fuel distributor has also increased the rates for aviation fuel, both domestic and international, to align with global market dynamics. According to NOC spokesperson Manoj […]
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Nepal Gears Up to Host Major World Bank Meeting
Nepal is gearing up to host a major international economic conference, as Finance Minister Barshaman Pun and Martin Rager, Vice President of the World Bank for South Asia, convened in Kathmandu to discuss preparations for the upcoming 21st meeting of the World Bank’s International Development Association (IDA). The high-profile summit, scheduled to take place from […]
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Nepal using Drones to Clean Mount Everest
Nepali guides who risk their lives carrying heavy loads through the treacherous Khumbu Icefall on Mount Everest will soon face some competition – from drones. The Khumbu Pasang Lhamu Rural Municipality, home to the mighty 8,848-meter Everest peak, is testing heavy-lift drones to bring back garbage from the mountain. While officials confirm the cargo drones […]
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Nepal Investment Summit 2024: Projects Worth Rs 9.13 Billion Approved
Investments worth a whopping Rs 9.13 billion have recently gotten the nod for four diverse projects in Nepal. These developments come as part of the ongoing 3rd Nepal Investment Summit 2024, signaling promising growth in the nation’s economic landscape. The Department of Industry has greenlit significant investments across various sectors, setting the stage for enhanced […]
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Nepal’s Finance and Health Sectors Forge Closer Ties with China
In a significant development for Nepal’s economic and healthcare sectors, Chief Minister Yam Lal Kandel of Karnali Province convened with Finance Minister Barshaman Pun to deliberate on crucial projects and budget allocations for the forthcoming fiscal year. During the meeting, discussions centered on prioritizing key initiatives aimed at bolstering economic growth and addressing pressing healthcare […]
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