Nepal Financial News

Ayodhya. The gifts, including silver shoes, ornaments, and clothes, were handed over to the Shri Ram Janmabhoomi Teerth Kshetra Trust by Ram Roshan Das, the priest of Ram Janki Temple in Janakpur. The gifts were transported in a convoy of around 30 vehicles from the Janakpur Dham Ramjanaki Temple in Nepal and arrived at Karsevakpuram on Saturday. Among the participants were over 500 devotees of Ram Lalla's 'in-laws', who brought more than 3,000 gifts, including fruits, sweets, gold, silver, and other items.

Sheikh Hasina is set to return to power for a fourth straight term in office as early results point to sweeping victory for her party, Awami League, in the parliamentary elections. The polls were boycotted by the main Opposition Bangladesh Nationalist Party. India's close partner in the eastern neighbourhood went to polls on Sunday. Chief Election Commissioner Kazi Habibul Awal said the 12th Jatiya Sangsad elections were held almost peacefully, with around 40% voter turnout.

India and Nepal have decided to strengthen the power transmission systems between the two countries and help each other to progress in the energy sector, according to a statement issued by the Indian Embassy in Nepal. The statement came two days after the Nepal-India Joint Steering Committee (JSC) on Power Sector Cooperation meeting concluded in Chitwan district of central Nepal on Friday and was followed by the signing of the agreement on Long Term Power Trade between the two nations.

Lord Ram journeyed from the Janakpur Dham Ram Janaki Temple in Nepal to Ayodhya. The Vishwa Hindu Parishad (VHP) orchestrated a Bhar Yatra, a vibrant procession, from Janakpur to Ayodhya.

incumbent Prime Minister and New Delhi's close ally, Sheikh Hasina, looks to return to power for the fourth straight term amid boycott by the Opposition Bangladesh Nationalist Party. A total of 1,896 candidates are in the fray for the 300 seats. This time, 5.1% of the total candidates are women — the highest such share ever. Counting will begin after polls end on Sunday afternoon.

The International Cricket Council's recent release unveiled a schedule comprising 55 matches to be played at various stadiums across the U.S., including Texas, New York, and Florida, from June 1-29.

India’s foreign minister has concluded a two-day trip to Nepal during which he signed an agreement to increase the amount of electricity India imports from its neighbor

Men's T20 World Cup, which is set to commence from June 1. While the opening match will be played between hosts USA and Canada, the ball will roll for the marquee clash between India and Pakistan on June 9 in Nassau County International Cricket Stadium in Long Island. Joint hosts West Indies will play Papua New Guinea in Guyana on the second day of group play. The tournament is divided into four groups of five teams each, with the top two teams from each group moving on to the Super Eight stage of the competition, which takes place before the knockout semifinals and final match. The group stage matches are scheduled between June 1 to June 18 and the Super 8 matches will be played from June 19 to June 24. The two semi finals will be played on June 26 and 27, while the final will be played in Barbados on June 29.

Nepal on Thursday signed a long-term agreement that will facilitate the export of 10,000 MW of electricity to India in the next 10 years during the two-day visit of External Affairs Minister S Jaishankar to the Himalayan nation. The agreement on power export was inked in the presence of Jaishankar and Nepalese Minister for Energy, Water Resources, and Irrigation Shakti Bahadur Basnet during a bilateral meeting here.

Japan Airlines Co. passenger jet, based on a transcript of Tuesday’s incident at Tokyo’s Haneda Airport. The readout of communications just prior to the crash was released Wednesday by Japanese officials in Tokyo.

Yashasvi Jaiswal has been nominated for the ICC Men's Emerging Cricketer of the Year 2023 award with three other international stars, The International Cricket Council (ICC) announced on Wednesday. «A pair of exciting fast bowlers and two classy left-hand batters are in the running for ICC Men's Emerging Cricketer of the Year honours for 2023,» ICC said in an official statement. New Zealand's star batter Rachin Ravindra, South Africa's pace sensation Gerald Coetzee and Sri Lanka pacer Dilshan Madushanka are the contenders to win the award.

SJVN DIPAM has agreed to the proposal of the company and Ministry of Power to form four Joint Venture companies for the development of Hydro and Renewable Projects in India and Nepal. Eicher Motors Royal Enfield sales were down 7% to 63,387 units in the month of December as against 68,400 units in the preceding month. Read more: Here's the trade setup for today's session LIC The company has received communication/demand order for collection of GST along with interest and penalty for Maharashtra state. TVS Motor TVS Motor recorded monthly sales of 301,898 units in December 2023 with a growth of 25% as against 242,012 units in the month of December 2022. G R Infraprojects G R Infraprojects has been emerged as successful bidder and has received Letter of Intent for «Transmission system for Evacuation of Power from RE Projects in Rajgarh (1000 MW) SEZ in Madhya Pradesh- Phase II» through Tariff Based Competitive Bidding Process (TBCB). APL Apollo Tubes APL Apollo Tubes registered a sales volume of 6,03,659 ton in Q3FY24 compared to 6,05,049 Ton in Q3FY23 and 6,74,761 Ton in Q2FY24. Dhanlaxmi Bank Dhanlaxmi Bank's gross advance came in at Rs 10,350 crore for the quarter ended December, up 11% year-on-year.

SJVN Ltd on Monday said it has received the finance ministry's permission to form four joint venture firms for the development of hydro and renewable projects with a total capacity of 8,778 MW in India and Nepal. SJVN will be the leading partner in three joint venture companies, whereas SJVN's wholly-owned subsidiary SJVN Green Energy Ltd (SGEL) will be the leading partner in the fourth JV, a company statement said. According to the statement, the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance, Government of India has agreed to the proposal of SJVN and Ministry of Power to form four joint venture (JV) companies for the development of Hydro and Renewable Projects in India and Nepal.

students and parents and 24/7 through the Board's 1800-11-8004 toll-free number as per the press release. Since 1998, CBSE has been offering counselling in two phases that includes pre-exam and post-result. This service which began 25 years ago aims to ensure that students from affiliated schools experience minimal stress during examinations.

Earthquake of magnitude 6.2 jolts Indonesia's Irian Jaya An earthquake of magnitude 6.7 killed at least 15 people, and damaged houses and buildings in the coastal Guayas region. A strong earthquake struck Morocco in September 2023. The Al Haouz earthquake, named after the Moroccan province most impacted by the shaking, occurred on September 8 with violent tremors near its epicentre and very strong ones in the city of Marrakesh.

organisations have so far confirmed to be partners for the upcoming Vibrant Gujarat Global Summit (VGGS) 2024, the state government said on Saturday. The 10th edition of VGGS, based on the 'Gateway to the Future' theme, will be organised in Gandhinagar from January 10 to 12.

NEW DELHI : The ministry of petroleum and natural gas plans to substantially reduce spending on the laying of gas pipelines by leveraging the extensive infrastructure data from the PM Gati Shakti National Master Plan (PMGS-NMP). The PMGS-NMP is a digital platform that maps all infrastructure projects, and contains critical information ranging from rail, port, and road connectivity to gas pipelines and optic fibre in India. It is overseen by the Department for Promotion of Industry and Internal Trade (DPIIT).

Reuters. The fatal airplane crash in January 2023 took the lives of all the 72 people on the Yeti Airlines flight, including five Indians.

Sashastra Seema Bal along with intelligence agencies have increased vigil on the India-Nepal border in view of the arrival of Prime Minister Narendra Modi in Ayodhya, officials said on Wednesday. A tight watch is being maintained on the porous India-Nepal border ahead of Modi's arrival for the inauguration of Shri Ram Airport in Ayodhya on 30 December.

Shankar Prasad Sharma on Friday said that Nepal and India are working to establish a sister city relationship between Janakpur and Ayodhya. He further said the Nepal Embassy in New Delhi was glad to receive Janakpur Mayor Manoj Kumar Sah and other dignitaries to participate in a program organized by the Chamber of India. «Gald to receive Mayor Manoj Kumar Sah and other dignitaries from Janakpur Dham at @EONIndia. They were here to participate in a program organized by the Incredible Chamber of India.

external affairs ministry announced that, as part of its development assistance programme, India has extended 308 lines of credit aggregating to $32.02 billion to partner countries over the years. Of this, about $17.06 billion has been extended to Asia, $12.15 billion to Africa and $2.81 billion to others, it said. Around 600 projects have been taken up and executed in several sectors, including infrastructure, power, connectivity, agriculture, education and health, the minister of state for external affairs V Muraleedharan informed the Rajya Sabha on Thursday. He said grant assistance projects are concentrated primarily in India’s neighbourhood in Afghanistan, Bangladesh, Maldives, Myanmar, Nepal, Sri Lanka and Bhutan. “India’s developmental projects are based on the needs and aspirations of the partner countries. The main instruments of support include lines of credit, grants-in-aid as well as capacity building programmes.