Page 18 - Nepal

Nepal bans 'Everest, MDH Masala' brand, starts test for ethylene oxide

Nepal has banned these two spice brands after the news about high levels of ethylene oxide traces in the products

Nepal's Deputy PM Yadav quits in a setback for Prachanda-led govt

Nepal's Deputy Prime Minister and senior Madhesi leader Upendra Yadav on Monday tendered his resignation and his party pulled out of the government, a setback to Prime Minister Pushpa Kamal Dahal Prachanda-led coalition government. Yadav, also the Minister for Health and Population, submitted his resignation to Prime Minister Prachanda on Monday morning, according to sources close to the Madhesi leader. Along with Yadav, Minister of State for Forest and Environment Dipak Karki, from the same party, has also submitted his resignation. The resignation by Yadav, the Chairman of Janata Samajwadi Party Nepal (JSP-Nepal), comes a week after his party split into two groups with senior leader Ashok Rai forming a new party named Janata Samajwadi Party. The new party has been recognised by the Election Commission. "This morning, I submitted my resignation to Prime Minister Dahal. Given the current political situation, I find it untenable to continue my cooperation with the government," Yadav

Nepal's mountaineer Kami Rita Sherpa climbs Mt. Everest for 29th time

Nepal's legendary mountaineer Kami Rita Sherpa made history on Sunday by breaking his record for the highest number of ascents of Mt. Everest as he scaled the world's highest peak for the 29th time. The 54-year-old veteran climber reached the 8,849-metre peak at 7:25 am local time on Sunday, according to Rakesh Gurung, director at the Tourism Department in the Ministry of Tourism and Civil Aviation. The expedition was organised by the Seven Summit Treks and had 20 climbers. They scaled Everest on Sunday morning, said Thani Guragain, a senior staff at the Seven Summit Treks. At least 20 climbers from Seven Summit Treks including Kami made a successful ascent of Mt. Everest Sunday morning, Seven Summit Treks said, issuing a statement. The climbing members were from countries including the USA, Canada and Kazakhstan besides thirteen climbers from Nepal. Kami had climbed Everest for the first time in 1994. Last year, he made two successful attempts to scale Everest for the 27th and

India, Nepal hold first-ever bilateral meeting on money laundering

India and Nepal on Wednesday concluded their first-ever bilateral meeting between their probe agencies tasked to combat money laundering and discussed ways to check the crime taking place through the porous border between the two neighbours. A visiting delegation of Nepal's department of money laundering investigation (DMLI), led by its Director General Pushpa Raj Shahi, attended the two-day meet with the officials from the Enforcement Directorate (ED). "This was the first head of the agency level meeting between the two anti-money laundering agencies of India and Nepal. The meeting was aimed at developing mutual cooperation and strengthening capacity building in the areas of money laundering and asset recovery between India and Nepal," an official statement issued by the ED said. The Indian side was led by ED Director (in-charge) Rahul Navin and both the sides had officials from their respective embassies in Delhi and Kathmandu apart from the Indian external affairs ministry. Duri

Nepal to introduce new Rs 100 currency note featuring Indian territories

India has contested Nepal's decision to print notes with an updated map which includes Lipulekh, Limpiyadhura, and Kalapani

Nepal Investment Summit concludes; funding worth NRs 9 billion approved

Investments worth more than NRs 9 billion have been approved for four projects in Nepal as a key investment summit, which witnessed the participation of hundreds of investors from various countries, including India, concluded here on Monday. Prime Minister Pushpa Kamal Dahal 'Prachanda' Sunday inaugurated the third edition of the Nepal Investment Summit 2024 with the theme 'Emerging Nepal'. "The third investment summit attracted 2,500 guests, including 800 potential international investors, Sushil Bhatta, CEO of the Investment Board Nepal (IBN), said at the closing ceremony here on Monday. Altogether, 152 projects were showcased and good responses were shown by the investors, Bhatta said. Investments worth more than NRs 9 billion have been approved for four projects in Nepal, officials said. Some 12 foreign investors, including those from India, China, the US and the UK, directly met with Prime Minister Prachanda during the two-day summit. Thirty delegates held meetings with top .

Nepal finance ministry releases handbook for prospective Indian investors

Nepal Finance Minister Barsha Man Pun on Monday released a handbook for Indian investors keen on exploring more business opportunities in the Himalayan nation. Published by the Nepal India Chamber of Commerce and Industries (NICCI), the handbook released on the sidelines of the Nepal Investment Summit 2024 consists of insights into rules, regulations, taxation, investment climate, intellectual property rights, and investment procedures for prospective investors looking to engage with Nepal's market. According to the website of the Indian Embassy in Nepal, India is the largest source of investment into the Himalayan nation, accounting for more than 32 per cent of the total FDI stock of Nepal, which is worth nearly USD 520 million, as per NRB data until mid-2020. There are about 150 Indian ventures operating in Nepal engaged in manufacturing, services (banking, insurance, dry port, education and telecom), power sector and tourism industries. Indian companies and investments have playe

India trustworthy partner for Nepal's development, says Piyush Goyal

Goyal also reiterated that Nepal and India not only share a border but also a deep-rooted friendship and a vision for a prosperous future.

Nepal aims to export 10,000 MW hydroelectricity to India: President Paudel

The Nepal government has accorded top priority to the development of the hydropower sector and aims to export 10,000 MW of hydropower to India in the next decade, President Ramchandra Paudel said on Thursday. Nepal wants to contribute towards promoting renewable and green energy in our neighbouring market by harnessing its immense hydro-potentiality, said Paudel while inaugurating the three-day Himalayan Hydro Expo 2024 at Bhrikutimandap here. The Nepal government is moving ahead in collaboration with the private sector by pursuing the aim to export 10,000 MW of hydroelectricity to India in the next ten years as per the bilateral agreement reached between the two countries a few months ago, he said. He urged the government to make necessary legal reforms so that both the private sector within the country, as well as foreign investors, may find a conducive environment to invest in the hydropower sector. The economic prosperity and development sought by the people of Nepal is only ..

Nepal to SRH: Top five highest team scores in history of T20 cricket

Sunrisers Hyderabad smashed 287/3 at the M Chinnaswamy Stadium in Bengaluru on Monday, April 15

Lok Sabha elections: TMC to release manifesto in multiple languages

The Trinamool Congress is set to release its manifesto in five languages this time, including the Santal language 'Oi Chiki', and Nepalese, sources said. The TMC, which is in power in West Bengal and at present the fourth largest party in Lok Sabha after the ruling BJP, Congress, and DMK, is in a three-cornered fight in the state against the BJP, and the Left-Congress alliance. Sources said the party's manifesto this time will be released in Oi Chiki, which is the script for the Santali language, as well as Nepalese, besides Hindi, English, Bengali and Urdu. In West Bengal, 5.5 per cent of the total population is tribal. Among them nearly 51.8 per cent are Santals. More than half of the total ST population of the state is concentrated in southern districts of Medinipur, Purulia, and Bardhaman and Jalpaiguri in north. Bankura, Malda, Uttar Dinajpur and Dakshin Dinajpur districts also have sizable ST population. The state also has a significant number of Gorkhas, who dominate the ..

Nepalese billionaire who sold 'Wai Wai' aims to list India unit by 2026

Chaudhary Group launched the Wai Wai noodle four decades ago in Nepal's capital Kathmandu, and has since grown to become India's third largest brand

India gifts 35 ambulances, 66 school buses to organisations in Nepal

India on Sunday donated 35 ambulances and 66 school buses to various organisations across Nepal, enhancing the local infrastructure in the health and education sectors. Indian Ambassador to Nepal Naveen Srivastava handed over the vehicles to the Nepalese officials in the presence of Finance Minister Barshaman Pun at a ceremony. Out of 101 vehicles, two ambulances were handed over on location in the earthquake-affected Jajarkot and West Rukum districts by the representative of the Embassy of India in the presence of district officials and local residents, a statement from the Indian Embassy here said. This donation, part of a longstanding initiative coinciding with India's national celebrations, underscores the deep-rooted partnership between India and Nepal, aimed at fostering development and strengthening bilateral relations through improved access to essential services, the statement said. Finance Minister Pun, in his remarks, appreciated India's various ongoing developmental ...

T20Is 6 sixes in an over: Nepal's Airee joins Pollard, Yuvraj in elite list

The 24-year-old Airee remained unbeaten on a 21-ball 64 that included three fours and seven sixes at a monstrous strike rate of 304.76

PhonePe partners with eSewa, HAN Pokhara to promote UPI service in Nepal

Fintech firm PhonePe on Wednesday said it has partnered with Nepal's digital wallet service eSewa and the Hotel Association of Nepal (HAN) Pokhara to promote digital payments through UPI on the Himalayan country's payment processor Fonepay Network. The partnership is a part of the Fewa New Year Festival which will be held from April 11-14 in Nepal. Over 3,000 merchants will participate in the festival with more than 1,00,000 visitors expected to visit. PhonePe in a statement said it will run on-ground activation aimed at raising awareness about digital payments among local merchants while demonstrating the convenience of digital payments for customers. With kiosks showing how to use digital payments and other interactive activities, PhonePe along with eSewa and HAN Pokhara will showcase the ease of UPI (Unified Payments Interface) payments. "Our focus will be on creating merchant education and awareness to ensure the uptick of UPI on the Fonepay Network in Nepal," said Ritesh Pai,

Nepal Army plans to collect 10 tonnes of garbage from Mt. Everest

Nepal Army on Sunday said that it will collect around 10 tonnes of garbage and five bodies lying at Mt. Everest as it launches Mountain Cleaning Campaign 2024 in the Everest region. A 12-member team led by Maj. Aditya Karki will embark on the Everest base camp on April 14 to bring the garbage from Mt. Everest, Mt. Lhotse and Mt. Nuptse, according to a source from the Nepal Army. The source said an 18-member Sherpa team will assist the army in its cleaning expedition. The expedition, to be flagged off by Nepal Army chief Gen. Prabhuram Sharma here on April 11, will bring at least 10 tonnes of garbage and five dead bodies of climbers lying unattended in the mountain, Nepal Army spokesperson Brig. Gen. Krishna Prasad Bhandari said. Biodegradable waste will be brought to Namche Bazaar below the base camp and handed to the Sagarmatha Pollution Control Committee (SPCC) for proper treatment. The non-biodegradable waste and dead bodies will be brought to Kathmandu, the spokesperson said.

6 people injured in clash between political group and security in Nepal

At least six people, including two policemen, were injured when cadres of Rajendra Mahato-led National Liberation Movement clashed with the police in the national capital's Bhadrakali in front of Singhdurbar Secretariat on Saturday, police said. Two policemen and four cadres of NLM were injured when the police baton charged the agitators who tried to stage a demonstration in the restricted area of Kathmandu. During the anti-government demonstration, 12 cadres of NLM were also arrested from the incident site. The police had to use force as the demonstrators tried to enter the restricted area, Nepal Police spokesperson Nabaraj Adhikari said.

BRI implementation plan discussed with China: Nepal Dy PM Shrestha

Nepal and China have made progress in moving forward with the implementation plan of the Beijing-backed Belt and Road Initiative projects in the Himalayan nation, Deputy Prime Minister Narayan Kaji Shrestha said here on Monday. Shrestha, who is also the Minister for Foreign Affairs, returned home on Monday, after concluding an eight-day official visit to China from March 25 to April 1. He held discussions with Chinese officials on matters relating to giving final shape to the Belt and Road Initiative (BRI) Implementation Plan for its actual implementation. An understanding has already been reached with China regarding the BRI Implementation Plan during the visit of our Prime Minister to China and talks have moved forward during my visit as per the understanding, he said. Under the BRI, Nepal is free to select development projects as per its choice, he added. Responding to a question, he said We prefer grant assistance under the BRI but both options including, grant and loan are op

India renews agreement to export electricity to Nepal for next 3 months

At a time when Nepal is facing a power crisis, India on Friday renewed the agreement to export electricity to Nepal for the next three months. Under the agreement, which was to expire on March 31, Nepal can import a total of 554 MW electricity from India between 6 am and 6 pm. Nepal's domestic electricity production currently stands at around 1,200 MW while the country's demand for electricity is 1,800 MW to 2,000 MW during this period. Nepal is experiencing a shortage of electricity as most of the domestic power plants in the country are based on a run-of-the-river system and during winter, there is less water in the rivers. We have received the notification about the renewal of the agreement to export electricity to Nepal until June end, Chandan Ghosh, Nepal Electricity Authority (NEA) spokesperson, told PTI. The Himalayan nation can import 500 MW of electricity from the Dhalkebar-Muzaffarpur cross-border transmission line and 54 MW through Tanakpur, Ghosh added. After mid-June

Indian Ambassador, Nepal's HM Lamichhane discuss security, border crimes

India's Ambassador to Nepal Naveen Srivastava on Tuesday discussed with Nepal's Deputy Prime Minister and Home Minister Ravi Lamichhane security mechanisms between the two countries and the need for strengthening border management to check small crimes as well as human trafficking. Srivastava paid a courtesy call on Lamichhane at the Home Ministry in Singhdurbar here and the two sides during the meeting discussed the "efforts needed to further consolidate deep, wide and diversified people to people relations between the two countries based on historical ties and geographical proximity, according to the Home Minister secretariat. The two sides agreed on the view that criminal activities have come under control despite having an open border between the two countries through effective coordination between the security mechanisms of the two countries, a statement said. Ambassador Srivastava underlined the need for strengthening border management mechanisms to check small crimes and huma