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Business India Nepal Top Stories

HDFC Bank Becomes First to Launch Direct Foreign Banking Services in Nepal, in Partnership with Mahalaxmi Bikas Bank

Kathmandu, Nepal. In a significant step towards enhancing cross-border financial services, the Nepal Rastra Bank (NRB) has granted permission to HDFC Bank Ltd., one of India’s leading private sector banks, to operate Direct Foreign Banking Services (DFBS) in Nepal. This initiative will be conducted in partnership with Mahalaxmi Bikas Bank Ltd., a prominent development bank […]

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Business Top Stories

Launch of Rice Fortification and Supply Chain Management Project in Nepal under the India–UN Global Capacity Building Initiative

Kathmandu, 3 August 2025India, in collaboration with the United Nations World Food Programme (WFP), has launched a new project in Nepal to strengthen rice fortification and supply chain management. This initiative is a part of the broader India–UN Global Capacity Building Initiative, which was formally launched by the Ministry of External Affairs, Government of India, […]

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Business Nepal Top Stories

Climate Change and Tiger Conservation Challenges Must Be Addressed Timely : Vice President Yadav

Kathmandu, Tuesday, July 29, 2025. Vice President Ramsahay Prasad Yadav emphasized the urgent need to address challenges like climate change, human-wildlife conflict, and the shrinking habitat of tigers. He highlighted tiger conservation as a key to promoting tourism and generating economic benefits. Yadav praised Nepal’s success in increasing its tiger population over the past decade, […]

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Business Nepal Top Stories

Pokhara Tourism Entrepreneurs Urge Government to Initiate Direct Flights to Indian Cities

Pokhara, July 27. Tourism entrepreneurs in Pokhara have once again drawn the government’s attention yesterday towards operating regular international flights from the Pokhara International Airport. A delegation from the Hotel Association Pokhara recently met with Prime Minister KP Sharma Oli, Finance Minister Bishnu Prasad Paudel, and the Ambassador of the United Arab Emirates to request […]

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Business Nepal Top Stories

Soybean Oil Boosts Nepal’s Export Trade by Over NPR 125 Billion

Kathmandu, July 22, 2025. Nepal has witnessed a significant boost in its export trade, primarily driven by the export of soybean oil. Within just one fiscal year, Nepal exported soybean oil worth NPR 106.79 billion to India and Australia, contributing to an overall export increase of over NPR 125 billion. According to data released by […]

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Business Nepal Top Stories

India-Nepal Cooperation: MoUs Signed for Five New Projects in Education and Health Sectors

Kathmandu, 21 July 2025 Under the grant assistance of the Government of India, five High Impact Community Development Projects (HICDPs) in the education and health sectors in Nepal were formalized through the signing of Memorandums of Understanding (MoUs) today. The MoUs were signed between the Embassy of India in Kathmandu, the Ministry of Federal Affairs […]

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Business Nepal Top Stories

342 Hectares of Forest Land Cleared from Encroachment in Madhesh

National News Agency, RSS . Janakpurdham, July 18. The Directorate of Forests in Madhesh Province has successfully reclaimed 342 hectares of encroached forest land during the fiscal year 2081/82 (2024–25). According to the directorate, 30 hectares were cleared in Dhanusha, 175 hectares in Sarlahi, 111 hectares in Saptari, 54 hectares in Bara, 45 hectares in […]

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Business Nepal Top Stories

India Supports Construction of Multi-Purpose Community Center in Bhojpur, Nepal

Kathmandu, Nepal – July 16, 2025: The foundation stone for the Arun Multi-Purpose Community Center was jointly laid today by Mr. Shalikram Khatri, Chairperson of Arun Rural Municipality, and Mr. Avinash Kumar Singh, Counsellor at the Embassy of India, Kathmandu yesterday. The project, implemented under the India-Nepal Development Cooperation framework, is being built with a […]

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Business Nepal Top Stories

Nepal’s Chartered Accountants Body and Social Security Fund Join Hands to Strengthen Social Protection System

Kathmandu, July 14, 2025. In a move aimed at enhancing the inclusiveness and sustainability of Nepal’s social protection framework, the Institute of Chartered Accountants of Nepal (ICAN) and the Social Security Fund (SSF) have signed a Memorandum of Understanding (MoU) to collaborate on the implementation and promotion of the country’s Social Security System. The MoU […]

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Business Nepal Top Stories

Nepal’s New Monetary Policy: Lower Interest Rates, Boosted Lending, and Relief for Banks

July 12, 2025 | Kathmandu. Nepal Rastra Bank (NRB) Governor Bishwanath Paudel has unveiled his first monetary policy for the fiscal year 2082/83 (2025/26), taking a notably expansionary stance to revive the sluggish economy. The policy introduces reduced interest rates, expanded credit access, and structural relief for banks and financial institutions. Key Highlights Home loan […]