Nepal Financial News

28.11 / 18:01
Gap economy Enterprise Aon show country reports Tech sector, be more gender-savvy
gender pay gap across sectors in India is well known. But what is liable to raise eyebrows is that even a 'modern' sector like technology, with its sturdy linkages with the global economy and young cohort of workers, suffers from the same malaise. A new Aon PLC report shows that the unadjusted gender pay gap in the tech sector in 2023 is 28-30%, while in junior management, it is 18-20%.
28.11 / 13:31
exclusive Jubilant FoodWorks to acquire remaining 51.16% of DP Eurasia for €73.36 million via subsidiary
NEW DELHI : Jubilant Foodworks Netherlands BV, a wholly owned subsidiary of food services company Jubilant FoodWorks Ltd, is set to acquire 51.16% of DP Eurasia for €73.36 million. JFN already owns 48.84% ordinary shares of DP Eurasia, which operates as an exclusive master franchisee of the Domino’s Pizza brand in Turkey, Azerbaijan and Georgia. For funding the acquisition, JFN proposes to use a combination of an existing term loan facility availed from HSBC (which is backed by the corporate guarantee issued by the company), Jubilant FoodWorks Ltd said in a regulatory filing on Tuesday.
28.11 / 00:43
Citi performer country cover Premium Indian two-wheeler EV companies eye global foray for growth
electric vehicles. Legacy two-wheeler maker TVS Motor-backed Ultraviolette, which makes the performance electric bike F77, is set to enter European markets like Spain, Germany, Italy, and France. On the other hand, Hero MotoCorp-backed Ather Energy, which currently makes two models of its 450 series of electric scooters, started selling its vehicles in neighbouring Nepal earlier this month.
24.11 / 13:41
Provident Cooper Aviat Platform stage country India-Nepal joint military exercise begins in Uttarakhand
Surya Kiran' between India and Nepal started in Pithoragarh, Uttarakhand on Friday. The annual exercise, which is conducted alternately in the two countries, will conclude on December 7, 2023, the Defence Ministry said in a statement.
23.11 / 13:57
Crime Tether USDT Gold Police Tether USDT Gold Smugglers in Nepal Caught Exchanging 33kg of Gold for Tether USDT Stablecoin
An international, organized criminal network has been busted for gold smuggling and using the tether (USDT) stablecoin in its $16 million-worth illegal operations.
23.11 / 09:00
Provident Digital Platform TikTok Instagram social shock Protests, court appeals as Nepal's TikTokers decry government ban on app
TikTok creator Manjita Manandhar was caught off guard when the Himalayan nation banned the popular social media platform last week for disturbing «social harmony and goodwill». «I was shocked as the decision came suddenly,» said Manandhar, who earns about $1,500 a month by making content for restaurants, hotels and brands, and posting them on the app.
18.11 / 11:53
WhatsApp beautiful Miss Nepal Jane Dipika Garrett makes history as first plus-size model in Miss Universe
Miss Universe 2023 is surely going to mark many firsts breaking stereotypes that has manifested around the pageant over the years. From transgender competitors to plus size model, Miss Universe 2023 will find itself mentioned in the history of the competition.
17.11 / 07:17
Waters Celebrity performer Chhath Puja 2023: November 19 to be ‘dry day’ in Delhi; Delhiites won't feel ‘high’ on World Cup Final Day
Narendra Modi Stadium in Ahmedabad. After Diwali, people especially 'poorvanchalis' start preparing for the four-day-long festival, Chhath Puja. It is mainly celebrated in Bihar, Jharkhand, and eastern Uttar Pradesh in India and Nepal.
14.11 / 15:57
Platform ByteDance TikTok country social Nepal bans TikTok and says it disrupts social harmony
Nepal’s government has decided to ban the popular social media app TikTok, saying it was disrupting “social harmony” in the country
14.11 / 04:41
Citi Metro country reports Department prevention International IITF 2023: India International Trade Fair tickets at 55 Delhi metro stations. Details here
PTI reported. In an official statement, the DMRC said the entry tickets will be available at only 55 selected metro stations including Shaheed Sthal (New Bus Adda), Dilshad Garden, Shahdara, Inderlok, Netaji Subhash Place, Rohini West, Rithala, Noida City Centre, Mandi House, Kashmere Gate and Barakhamba station among others.
13.11 / 02:51
Citi Divinity Celebrity country social reports Deepotsav Celebrations: PM Modi shares glimpse of Ayodhya, says, 'new zeal and enthusiasm throughout India'
Narendra Modi on Sunday shared a glimpse from the "Deepotsav" in Uttar Pradesh's Ayodhya and noted that it was “amazing, divine, and unforgettable." In a social media post on X in Hindi, the Prime Minister also shared images from the celebrations. He captioned, “Amazing, supernatural and unforgettable! The whole country is becoming illuminated with the grand festival of lights of Ayodhya City illuminated with millions of lamps.
11.11 / 14:41
Provident BURST country information reports volunteers A Foreign Student Saved His Friends From Hamas. Then He Vanished.
Bipin Joshi watched the two grenades skid across the cement floor of the windowless room where he was hiding, shoulder-to-shoulder with 16 other student farmers from Nepal. Outside, the Hamas gunmen marauding through the orchards and dairy barn of Kibbutz Alumim were killing anyone they could find. The Nepalis had arrived in Israel just three weeks earlier, on a college program to tend orange and lemon groves.
11.11 / 11:03
Earthquake of magnitude 2.6 hits Delhi-NCR
5 common myths about earthquake This comes over a week after the national capital felt tremors due to a 5.6 magnitude earthquake striking parts of Nepal. The tremors had originated 6 km away from Paink, Nepal at 4:16 pm (local time) on November 6.
07.11 / 11:09
President country Nepal earthquake: 16 more people injured in quake aftershocks
tremors of over 4 magnitude hit western Nepal's Jajarkot on Monday, days after the country witnessed its worst quake in eight years that claimed the lives of 153 people and left a total of 266 others injured, security agencies said on Tuesday. With those injured in the aftershocks on Monday, the total number of people injured in a series of earthquakes in Nepal has touched 266. «Sixteen people were injured when three aftershocks with more than 4 magnitude hit Jajarkot in Western Nepal on Monday afternoon.
07.11 / 07:25
Dreams President country innovations International IIT Madras inaugurates first international campus in Zanzibar
Hussein Ali Mwinyi, president, chairman, revolutionary council, Zanzibar has inaugurated the Indian Institute of Technology (IIT) Madras Zanzibar on Monday at the Zanzibar campus in the presence of Tanzanian officials, Indian dignitaries, faculty and students. The IIT Madras Zanzibar is the first ever international campus of an IIT. The historic initiative by the Indian government was undertaken to take the top-quality education system of India to international arenas. In the first batch at IIT Madras Zanzibar, women comprise 40% of the total students admitted to the BS and MTech programmes in Data Science and Artificial Intelligence (AI), according to an official statement.
07.11 / 02:00
Remark BAY country reports Earthquake today: Magnitude of 4.2 tremor strikes Bay of Bengal
Also Read: Earthquake today: Strong tremors felt in Delhi as 5.2 magnitude quake hits Nepal An earthquake of magnitude 5.6 on the Richter scale jolted Pithoragarh district of Uttarakhand on Monday, but there was no damage to life or property, reported PTI. Earlier, an earthquake of magnitude 5.2 had struck Nepal at 04.16 p.m.
05.11 / 18:07
Provident medicines ventilators India lends helping hand to quake-hit Nepal, sends first consignment of emergency relief materials
₹10 crore on Sunday. The relief materials arrived to Nepal via a special Indian Air Force C-130 flight at Nepalgunj, said the Indian Embassy in Kathmandu in a statement on Sunday. The consignment of relief materials included tents, blankets, tarpaulin sheets as well as essential medicines and medical equipment, officials said.
05.11 / 03:03
hospital information testing Another earthquake of 3.6 magnitude strikes Nepal
The earthquake occurred at 04:38:20 (IST) at the depth of 10 km, 169 km NW of Kathmandu, the National Centre for Seismology informed. «Earthquake of Magnitude: 3.6, Occurred on 05-11-2023, 04:38:20 IST, Lat: 28.63 & Long: 83.94, Depth: 10 Km, Location: 169 km NW of Kathmandu, Nepal,» NCS posted on X (formerly Twitter). This comes after a strong earthquake of magnitude 6.4 on Richter Scale jolted Nepal in the late hours of Saturday. This was followed by additional aftershocks, with a magnitude of 3.3, on Saturday afternoon, further exacerbating the challenges faced by the affected population and testing the resilience of the region. Earlier in the day, Nepal Prime Minister, Pushpa Kamal Dahal, assessed the situation visited the affected regions, acknowledging the extensive damage. In response, the government has mobilised the Nepal Army, Nepali Sentinel, and the Armed Police Force to conduct rescue operations via helicopters. Health workers are also being rapidly deployed, equipped with essential medical supplies sourced from surrounding districts. «There has been a lot of damage in the earthquake-affected area. Hundreds of people are injured, thousands of houses have been destroyed, and our government is engaged in relief work.
05.11 / 01:11
country hospital information Earthquake today: 3.6 magnitude quake strikes Ayodhya in Uttar Pradesh
earthquake occurred at 1 am on 5 November and the epicentre of the quake was 215 km north of Ayodhya at a depth of 10 km. Taking to X (formerly Twitter), NCS wrote, “Earthquake of Magnitude:3.6, Occurred on 05-11-2023, 01:07:22 IST, Lat: 28.73 & Long: 82.26, Depth: 10 Km, Location: 215km N of Ayodhya, Uttar Pradesh." NCS is the nodal agency of the Government of India for monitoring of earthquake activity in the country. Earlier on Friday, tremors were felt in the Delhi-National Capital Region (NCR) and some other parts of north India as earthquake of 6.4 magnitude hit Nepal.
04.11 / 15:25
Waves Mobile Experts information reports Department shock Nepal earthquakes impact Gangetic plains as region's soft soil amplifies seismic energy, say experts
Gangetic plains because the soft soil of the region amplifies seismic energy originating from the Himalayan belt, seismologists said. On Friday night, a strong earthquake of magnitude 6.4 jolted Nepal sending waves of tremors across north India, including in Delhi-NCR.

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