Nepal Financial News

06.08 / 05:37

UPS Lowe's Aviat Aware Highways 24 years on, pilot of IC-814, hijacked from Nepal, reveals how he scared Lahore ATC to get permission to land

Devi Sharan has revealed that he had made a secret plan to scare the Air Traffic Control at Lahore by pretending to crash land the aircraft on a highway. Till date, it was understood that Capt Saran, his co-pilot Rajinder Kumar and flight engineer AK Jaggia had decided to land the aircraft at the Lahore airport against the decision of the Pakistani authorities, and while doing so, they mistook a highway for the runway as lights on the runway were switched off.

05.08 / 07:03

Highways Uttarakhand: 3 dead, 17 missing in Rudraprayag landslide

landslide occurred in the Rudraprayag district, officials said on Saturday. According to information received from the District Administration, Rudraprayag, «3 people have been killed and 17 people are missing in the landslide that occurred 16 km before Kedarnath in Rudraprayag's Gaurikund.» Officials added that two roadside shops and dhabas were washed away in the heavy debris that came down from the mountain. Four local people and 16 of Nepali origin were present in these shops and dhabas when the landslide occurred, added officials.

04.08 / 14:45

Waves MET film cover Pakistani Seema Haider to join Ramdas Athawale's party? Union Minister says…

Pakistani national Seema Haider has made waves since crossing over to India with her four children earlier this year. While the Ministry of External Affairs continues to investigate the matter, Haider has reportedly secured an entry into both Bollywood and Indian politics. Republican Party of India (Athawale) leader Masoom Kishor had broached the possibility of Haider joining the BJP ally earlier this week.

04.08 / 03:59

VISA film country cover 2024 After auditioning for movie, Seema Haider likely to contest election in 2024: Report

Seema Haider to contest the election on the symbol of the Republican Party of India. The officials of the RPI said they are waiting for Seema Haider to get a clean chit in the investigation by the security agencies. This week reprts also emerged that Seema Haider is likely to get featured in the movie.

03.08 / 19:17

UPS Target Booking Extreme CEO Infinity Westpac’s fin advice white knight, Viridian, bets on mortgages

Four years after it grabbed headlines buying up Westpac’s financial advice books, Melbourne’s Viridian Financial Group has found an acquisition that would push its revenue over the $100 million mark for the first time.

03.08 / 12:37

VISA social Indian Seema Haider offered role of RAW agent in Indian movie: Report

Sachin Meena, has reportedly been offered the role of a RAW agent in a movie. As per reports, Haider auditioned for a role in a movie called 'A Tailor Murder Story' that revolves around the murder of Udaipur tailor Kanhaiya Lal by Islamic radicals and is being produced by Jani Firefox Production House. Ironically, Seema was believed to be an ISI agent.

03.08 / 11:17

UPS Provident Aware Platform Celebrity country Drug trafficking: A serious security concern. What beyond an annual reminder?

By Dr AP Maheshwari

03.08 / 05:35

Reuters Booking Manufacturing COMPOSITE show performer services India’s services activity books fastest growth rate in 13 years on strong demand: PMI data

India's dominant services sector continued its robust performance as total sales rose at the quickest pace since June 2010, PMI data released on Thursday showed. S&P Global's India services purchasing managers' index rose to 62.3 in July from June's 58.5. Analysts at Reuters had pegged a dip to 58.0.

02.08 / 18:11

Provident Target Assurant Metro Highways country Latin foreign Rites eyes ₹1,000 cr orders in Africa, foreign consulting

Railway engineering and consulting company Rites Ltd is close to signing international contracts to supply locomotives and wagons, even as it explores consulting services abroad, chairman and managing director Rahul Mithal said. The state-run company has emerged as the lowest-cost bidder for contracts worth Rs1,000 crore to supply locomotives and wagons to Zimbabwe and Mozambique, Mithal said in an interview.

02.08 / 17:27

COST Provident Align stage country India, Sri Lanka to begin talks on petroleum pipeline project

Mint has learnt. The project, which was announced during president Ranil Wickremesinghe’s visit to India in July, is expected to help Sri Lanka improve its energy security at an affordable cost. Among other things, the meetings are expected to touch on the physical alignment of the petroleum pipeline.

02.08 / 15:07

Dash FIVE Ball Action Continental show Team India's squad for Asia Cup 2023: What could be the playing XI?

Team India played like a champion squad and amassed a big total of 351/5 from their 50 overs in the third ODI on Tuesday and comprehensively dominated the West Indies to bundle them out cheaply for 151 to win the series 2-1. India showed a blip in form in the second ODI and drew criticism from many former players, but bounced back perfectly in the third ODI. After playing five T20 matches against the West Indies, Team India will be in action in the hugely anticipated 2023 Asia Cup.

02.08 / 10:03

UPS VISA Manufacturing Action Xiaomi country India should be pragmatic about huge Chinese investments

Financial Times in an interview last week, “We are open to doing business with any company anywhere as long as they are investing and conducting their business lawfully and are in compliance with the Indian laws." He added, for good measure, that India was “open to all investments, including Chinese". That these statements were meant for consumption overseas is evident if one looks at the ground reality. China’s BYD Motors has become the latest casualty of India’s undeclared economic cold war with China.

01.08 / 18:41

COST Lowe's Manufacturing show country Industry activity remains strong on new export orders

Manufacturing activity continued its strong momentum in July even as a marginally softer rate of expansion in output and new orders brought down the PMI reading for the month to 57.7 from 57.8 in June. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) for July released on Tuesday pointed to an improvement in overall operating conditions for the 25th straight month. In PMI parlance, a print above 50 means expansion while a score below 50 indicates contraction.

01.08 / 17:09

Digital Platform country voice social Latin India advances digital push at global fora with eye on developing world

Mint has learnt. This would enable New Delhi to pitch its ‘India Stack’— digital solutions implemented at population-scale to deliver social benefits—to the developing world. New Delhi hopes that this in turn will make Indian platforms the benchmark for the global development of DPIs and cement its place as a key technology-partner amid a worldwide move toward digitalization.

01.08 / 10:19

COST Action Berger Paints board to consider bonus issue on August 9

Berger Paints will consider a proposal to issue bonus shares to investors on August 9, along with the first quarter financial results. «The Board may also consider a proposal for issue of bonus shares by capitalisation of reserves, subject to approval of the shareholders in the forthcoming meeting,» the company said in a filing on Tuesday. The company has not yet announced the record date for the same.

31.07 / 15:19

FIVE Cooper Platform Enterprise country social Power China launches platform to promote its soft power in Nepal

China has launched a slew of new projects as part of its Belt and Road Initiative (BRI), which aim to open new avenues of collaboration with Southeast and South Asian nations through Nepal, where India has huge strategic interests. The projects—clubbed under a platform called the ‘Silk Roadster’—were launched earlier this month to commemorate the 10th anniversary of Chinese President Xi Jinping’s most important initiative, the BRI.

31.07 / 10:25

UPS Aviat Airlines Strategy Dreams Explainer Mint Explainer: Jet Airways revival remains a distant dream

More than two years after the Jalan-Kalrock consortium’s bid to revive India’s erstwhile full-service carrier Jet Airways was approved by the National Company Law Tribunal, the implementation of the revival plan remains a distant dream. Mint explains the issue. The Jalan-Kalrock consortium said on 31 July that the civil-aviation regulator, the Directorate General of Civil Aviation, renewed the air operator certificate of Jet Airways on 28 July.

30.07 / 06:59

FIVE Parke country cover park Tiger population rises to 135 at Dudhwa park

Dudhwa Tiger Reserve area has risen to 135 from a previous population of 82 — a jump of more than 64 per cent between 2018 and 2022, an official said. According to the latest government data released on the International Tiger Day on Saturday, the number of tigers in India has increased from 2,967 in 2018 to 3,682 in 2022, an annual rise of 6 per cent. Dudhwa Tiger Reserve Deputy Director Rengaraju Tamilselvan said the number of tigers, including the ones outside the reserve, has also grown from 107 to 153, clocking a growth of around 43 per cent.

28.07 / 13:41

Blockchain Adoption Agriculture Africa Blockchain technology lets East African farmers sell globally

Small farmers in the developing world may be on the cusp of an agricultural breakthrough. With emerging technologies like satellite imagery, drones and machine learning boosting productivity, it’s becoming more viable than ever to sell their produce in places like Western Europe.

27.07 / 14:21

Provident Target Digital Mobile boost recovery Nepal Rasta Bank’s FY24 monetary policy aims to boost recovery amid economic challenges: CareEdge

New Delhi: To support economic recovery, the Nepal Rasta Bank (NRB) has announced its monetary policy for the fiscal year 2023-24, focusing on controlling inflation, stabilizing interest rates, and ensuring credit demand. The policy comes amid the government’s prudent fiscal plan aimed at rationalizing expenditure and increasing domestic revenue mobilization.

27.07 / 10:09

UPS Parke Lemon Tree Hotels signs new property in Zirakpur

Lemon Tree Hotels has signed an 80-room hotel for its Lemon Tree Hotel brand in Zirakpur, Punjab. The property is expected to be operational in the second quarter of FY27 and will be managed by Carnation Hotels Private Limited, a wholly-owned subsidiary and the management arm of the company. Since the beginning of this fiscal year, Lemon Tree Hotels has signed nine hotels, which will add about 700 rooms to the inventory across India.

latest developments in Nepal

What is the current situation in Nepal?

In Nepal, the spotlight is on local government initiatives that spark public discussion.

Where can I find reliable news about Nepal?

We publish reliable reports about the situation in Nepal, based on information from regional journalists.

What shapes the media agenda in Nepal?

The news landscape of Nepal is shaped by major cultural and social events, reflecting its local way of life.