Nepal Financial News

On a blazing hot day in November, Raibel Palacio and three neighborhood friends boarded a flight at Cuba’s Varadero beach resort, taking selfies and chattering in excitement. They had a job offer that promised a way out of the island’s misery. A few weeks later, Palacio was killed by a drone as he tried to tie a tourniquet to staunch the bleeding from a leg wound on the freezing front lines of Ukraine, said Danelia Herrera, his mother.

Maldives has deported 186 foreigners, including 43 Indians, after accusing them of committing crimes like visa violations and drug offences, according to a media report. The highest number of people deported was from Bangladesh. At least 83 Bangladeshis were deported followed by 43 Indians, 25 Sri Lankans and 8 Nepalis. The date of their deportation is not yet known, Male-based news outlet Adhadhu reported. The deportations come as efforts are underway in the Maldives to shut down businesses operated illegally.

UPI payments are accepted in France, UAE, Singapore, Bhutan, and Nepal. After the announcement, MyGovIndia shared a world map, highlighting the countries where Indians can use UPI to make payments. UPI is India's mobile-based fast payment system, allowing customers to make instant payments round-the-clock using a Virtual Payment Address (VPA).

foreign direct investment (FDI) from China in Paytm Payments Services Ltd (PPSL), a subsidiary of Paytm parent One97 Communications Ltd, PTI reported citing sources. Paytm Payments Services applied for a licence with the Reserve Bank in November 2020 to operate as a payment aggregator under the guidelines on Regulation of Payment Aggregators and Payment Gateways. However, the apex bank rejected PPSL's application in November 2022.

India vs Australia Live Score Updates, U19 World Cup Final: Ind vs Aus, The U19 Indian cricket team – led by Uday Saharan – is all set to face Hugh Weibgen-led Australian U19 cricket team in the final of the 2024 Under-19 World Cup at the Sahara Park Willowmoore Cricket Stadium in South Africa's Benoni on 11 February.India are U19 WC defending champions and have won the U19 World Cup title 5 times – 2000, 2008, 2012, 2018, and 2022. On Sunday, the Indian team will aim to create history by winning it for the sixth time.Both the finalists have arrived at this stage unbeaten.

India and Australia will face off in the U19 Cricket World Cup final. India aims to secure back-to-back titles and currently holds the record for being the most successful team in the tournament with five trophies. Australia's journey to the final saw them clinch a thrilling victory against Pakistan in the semi-finals, with lower-order batter Oliver Peake playing a pivotal role by scoring 49 runs. On the other hand, India secured their spot in the final by defeating South Africa in a closely contested match, winning by two wickets.

The Congress leader was speaking at a talk show at the Kolkata International Book Fair. According to the report, he said that while relations with Maldives at present are not good, that with Sri Lanka was not too bad, while that with Bangladesh is pretty good. "Relations with Pakistan are in bad shape, Nepal is more and more subject to Chinese influence and Chinese influence is also increasing in Bhutan," Tharoor said while talking about India's position vis-a-vis smaller countries in the periphery.

SBI holiday this weekend: SBI is closed today for the fourth Saturday holiday and will remain closed tomorrow, following the regular Sunday closure. The SBI was closed on January 26 on the account of India's 75th Republic Day. Indian banks enjoyed a three-day weekend starting this Friday, in commemoration of the 75th Republic Day, and will wrap up on Sunday.

Indo-Nepal border have been put on high alert here ahead of Republic Day celebrations in the country, a senior official said here on Wednesday. Identities of people are being checked before allowing them to cross the border to prevent the movement of anti-social elements in the area, Deputy Inspector General (DIG) in Sashastra Seema Bal (SSB), Gorakhpur, Akhileshvar Singh told PTI. In an effort to strengthen the security arrangements at the porous Indo-Nepal border and stop the infiltration of anti-national elements, SSB has installed close circuit and drone cameras on every route leading to Nepal, the officer said.

Nepal's Madhesh province on Monday celebrated with enthusiasm and joy the consecration of 'Ram Lalla' in Ayodhya. Nepal's Janakpurdham, the birthplace of goddess Sita, on Monday, decked up for the Ram Temple consecration ceremony, with temple authorities decorating the Janaki temple with garlands and flowers. Hindus in Janakpurdham, who joined the celebrations with multiple cultural and religious festivities, wrote «Jai Siyaram» with flowers.

Ahmedabad-Mumbai bullet train project, the Chief Representative of JICA India, Saito Mitsunori, said that the PM Gati Shakti plan has accelerated public works in the country. In an interview with PTI, Mitsunori also expressed Japan's interest in enhancing India's border road networks and participating in the transnational power transmission project with Bhutan, Nepal and Bangladesh.

Janaki Mandir in Nepal's Janakpur ahead of the Pran Pratishtha ceremony at Ram temple in Ayodhya on Sunday. Meanwhile, devotees from Nepal have also reached Ayodhya to witness the historic Pran Pratishtha Ceremony of Shree Ram Lalla. The ceremony will take place on January 22.

Pran Pratishtha ceremony, Vishwa Hindu Parishad (VHP) president Alok Kumar handed over gifts received from Kashmir, Tamil Nadu and Afghanistan to the 'Yajman' of Shri Ram Temple Anil Mishra. Speaking about those who donated saffron from Kashmir, the VHP president said that though they are from different religions they expressed their happiness at the construction of the Ram temple. «Muslim brothers and sisters from Kashmir came to meet me and expressed their happiness at the construction of Ram temple, and said that even though we follow different religions, our ancestors are the same.

Ayodhya prepares for the consecration ceremony. Also featured in the list of gifts for the January 22 event are special perfumes from Kannauj, 500 kg 'kumkum' leaves from Amravati, grains collected at a Ram temple in Delhi, flowers from Bhopal and papers with 'Lord Ram' written 4.31 crore times from Madhya Pradesh's Chhindwara. The Ram temple management committee has received other offerings such as a 108-foot incense stick, a 2,100-kg bell, a giant lamp weighing 1,100 kg, gold footwear, a 10-foot-high lock and key and a clock that simultaneously denotes time in eight countries, among others.

NEW DELHI : Japan International Cooperation Agency (JICA), the country’s development aid agency, is working with India on a roadmap to reduce carbon emissions in the power sector, Saito Mitsunori, the chief representative of the agency’s India Office said. JICA is also in talks with the central and state governments to fund more projects to improve connectivity with Bangladesh, Nepal and Bhutan, Mitsunori said.

Mahendra Singh Dhoni has been invited to the consecration ceremony of the Ram Mandir in Ayodhya on 22 January. Senior RSS functionary Dhananjay Singh on Monday handed over the invitation to Dhoni at his residence in Ranchi. BJP organising secretary Karmaveer Singh was also present on the occasion.

bilateral initiatives aimed at further strengthening the seamless cross-border connectivity, as the officials from the two sides met to discuss ways to fortify the economic and commercial linkages. The India-Nepal Inter-Governmental Sub-Committee (IGSC) on Trade, Transit, and Cooperation to Combat Unauthorised Trade convened its latest session in Kathmandu on January 12-13.

₹45,000-crore investment to develop river cruise tourism, aiming to leverage India's inland waterways for economic growth. The government is considering an allocation of ₹2.2 trillion for food subsidy in the upcoming budget, which would be a 10% increase from the previous year, Mint reported. The allocation would align with the government's focus on ensuring food security and keeping food inflation in check.

SJVN Ltd have had an impressive run lately. In the past six months, the stock has gained about 94% to ₹91 apiece. Apart from being a key hydro power generator, the government’s increased thrust on adopting renewable energy can help SJVN increase share from solar and wind power.

quick service restaurants (QSRs) sector has slowed down, and the last year was rough for soft drinks as the April-June quarter, which contributes 35-40% of annual sales, was a washout because of rains. However, the year ahead is expected to see healthy double-digit growth for both businesses, said Ravi Jaipuria, chairman of RJ Corp, PepsiCo's largest bottler, and the largest franchise partner for KFC, Pizza Hut and Costa Coffee in India. RJ Corp group company VBL, PepsiCo's largest bottling partner in India, bottles and distributes the company's beverages including Pepsi, Pepsi Black, 7UP, Mirinda and Mountain Dew fizzy drinks, Sting energy drink, Tropicana juice and Aquafina water in 27 states and 7 union territories. He underlined the growth potential in India on account of lower per capita consumption and distribution reach of packaged soft drinks, «India has 11-12 million outlets for FMCG, and our beverages are in 3.5 million outlets only — that shows the sheer scope ahead of us for market penetration.

Trade Promotion Council of India (TPCI) with the support of the Department of Commerce. Goyal said that the food exports from India holds an immense potential and this this fiscal, the country's agri exports will be more than last year's level of USD 53 billion despite restrictions imposed on shipments of certain key commodities.