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 […]

Nepal Politics Top Stories

Rift Deepens Between Nepali Congress and UML Over Five Key Bills

Kathmandu – August 2, 2025 Tensions have escalated between ruling coalition partners Nepali Congress and CPN-UML over five major bills under parliamentary discussion. The two parties have publicly clashed, accusing each other of bad faith and stalling legislation. The most contentious are the Land Bill and School Education Bill. UML accuses Congress of deliberately blocking […]

Nepal Politics Top Stories

Oli Pushes for Cabinet Reshuffle, But Deuba’s Reluctance Poses Hurdle

Kathmandu, 1August, 2025. Prime Minister KP Sharma Oli is pressing for a cabinet reshuffle amidst growing criticism over underperforming and controversial ministers. However, the process has stalled due to Nepali Congress President Sher Bahadur Deuba’s unwillingness to replace key ministers from his party’s quota. Deuba is firm on retaining Foreign Minister Arzu Rana, Home Minister […]

India Nepal Top Stories

Diplomatic Engagements Intensify Ahead of PM Oli’s Visit to India

Kathmandu, July 31, 2025. As discussions around Prime Minister KP Sharma Oli’s upcoming visit to India gather momentum, dormant bilateral mechanisms between Nepal and India have started to reactivate. After several years of inactivity, two key platforms — the Home Secretary-level meeting and the Nepal–India Boundary Working Group — have recently convened, drawing significant attention […]

Nepal Top Stories

Monsoon in Nepal: 568 Disaster Incidents, 43 Deaths in Two Months

Kathmandu, Wednesday, July 30, 2025 Nepal’s National Disaster Risk Reduction and Management Authority (NDRRMA) has released a report detailing the impact of the monsoon during the two-month period since it began on May 29 (Jestha 15). According to the report, 568 monsoon-related disaster events have been recorded across the country, resulting in 43 deaths, 18 […]

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, […]

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 […]

Nepal Top Stories

Passport Tender Scandal: Power-Share Politics Behind Splitting of NPR 8 Billion Contract Between Congress and UML

Kathmandu, 26 July.A major scandal has rocked Nepal’s public procurement system, exposing deep-rooted collusion in the awarding of an NPR 8 billion electronic passport printing contract. The Department of Passports has been accused of violating technical standards and procurement regulations to award the tender to two German companies, allegedly influenced by Nepal’s ruling political parties […]

Nepal Top Stories

PM Oli Announces Immediate Installation of 500 Deep Borings in Drought-Stricken Madhesh

Mahottari/ July 26, 2025 .Nepal’s Prime Minister KP Sharma Oli has announced a comprehensive response to the worsening drought in the Madhesh region. During a helicopter inspection of the affected areas in Sarlahi and Mahottari on Friday, the Prime Minister pledged the immediate installation of 500 deep borings to address the acute water shortage. He said […]