Nepal PM Dahal to visit India next week, hold talks with Modi
NEW DELHI/KATHMANDU (Reuters) – Nepal’s Prime Minister Pushpa Kumar Dahal will visit India next week and hold talks with his Indian counterpart Narendra Modi to strengthen the historically deep ties between the…
Two U.S. citizens, two legal permanent U.S. residents among those killed in Nepal crash
WASHINGTON (Reuters) – Two U.S. citizens and two legal permanent U.S. residents were among those killed in Nepal’s worst air disaster in 30 years, in which at least 71 people died including…
Factbox-Deadly aircraft crashes common in mountainous Nepal
(Reuters) – Mountainous Nepal, where dozens of people were killed on Sunday when a plane crashed in the tourist town of Pokhara, has a history of deadly air crashes. Here are details…
Nepal court to release serial killer Charles ‘the serpent’ Sobhraj
By Gopal Sharma KATHMANDU (Reuters) – Nepal’s Supreme Court on Wednesday ordered the release, due to his age, of Charles Sobhraj, a French national known as “the serpent” who police say is…
Nepal to end eight-month ban on imports of cars, phones as reserves rise
By Gopal Sharma KATHMANDU (Reuters) – Nepal will end an eight-month ban on the import of cars, expensive mobile phones and liquor on Friday as the country’s foreign currency reserves have increased,…
Nepal expects reforms, says central bank, holding rates as election count goes on
By Gopal Sharma KATHMANDU (Reuters) – While Nepal awaited the outcome of national elections its central bank opted to hold its benchmark interest rates at 8.5% late on Sunday, and voiced expectations…
Nepal inflation surges to 8.64% ahead of elections
By Gopal Sharma KATHMANDU (Reuters) – Nepal’s annual inflation surged to 8.64% for the month that ended in mid-September compared with 3.49% a year earlier, central bank data showed on Friday, presenting…
Body of missing American ski mountaineer Hilaree Nelson found below Nepal peak
By Dan Whitcomb (Reuters) – The body of top American mountaineer Hilaree Nelson was found on Wednesday near a 26,700-foot (8,138-meter) mountain peak in Nepal where she went missing earlier this week.…
Nepal central bank hikes policy rate, warns of pressure on FX reserves
By Gopal Sharma KATHMANDU -Nepal’s central bank on Friday raised its benchmark policy rate at which it lends to commercial banks to 8.5% from 7%, as part of efforts to tame inflation…
Nepal expects 5.8% growth as COVID-19 cases fall – minister
By Gopal Sharma KATHMANDU – Nepal’s economy is expected to expand by 5.8% in the current financial year ending mid-July, helped by a pick-up in economic activity following a fall in COVID-19…
Nepal raises retail fuel price, stoking inflation fears
By Gopal Sharma KATHMANDU – Nepal’s state-owned oil company has hiked the retail prices for fuels, including petrol and cooking gas, by up to 12.5% because of rising global oil prices, an…
Nepal restricts imports to save cash, suspends cenbank governor
By Gopal Sharma KATHMANDU -Nepal is tightening imports of cars, gold and cosmetics as its foreign exchange reserves have fallen, a central bank official said on Monday, after the government suspended the…
US ‘Gift’ Sparks Protests In Nepal, Tear Gas And Water Cannons Fired
Nepali police fired tear gas and water cannons at protesters objecting to a U.S.-funded infrastructure program presented to parliament on Sunday for ratification, witnesses and officials in the capital told CNN. The…
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