Business Standard

K P Sharma Oli

Pivoting away from India, Nepal PM Oli visits China to seek investment

Oli's visit was his first to a foreign country since his July swearing-in, a break from the customary destination of New Delhi, with which Kathmandu has centuries-old ties

Pivoting away from India, Nepal PM Oli visits China to seek investment
Updated On : 03 Dec 2024 | 12:11 PM IST

Nepal accepts $20 mn grant assistance from China ahead of PM Oli's visit

The Nepal government has accepted projects worth USD 20 million as grant assistance from China ahead of Prime Minister K P Sharma Oli's first official visit to the country after assuming office for the fourth time. Minister for Information and Communication Prithvi Subba Gurung talking to media persons on Sunday said the Council of Ministers meeting wished for the success of the prime minister's China visit and also decided to accept projects worth USD 20 million equivalent to Nepalese Rs 2.70 billion as grant assistance from China. Besides, the Cabinet also decided to accept 300 million Chinese Yuan (USD 4.13 million approximately) equivalent to Nepalese Rs 5.60 billion worth projects proposed by the government of China, according to government spokesperson Gurung. During Oli's China visit, various projects including Tokha-Khahare Tunnel Road, Special Economic Zone construction at Corala border point of Mustang, road construction at Kimathanka of Shankhuwasabha, feasibility study o

Nepal accepts $20 mn grant assistance from China ahead of PM Oli's visit
Updated On : 02 Dec 2024 | 2:48 PM IST

Nepal PM Oli embarks on four-day China visit, first trip in this term

Nepal Prime Minister K P Sharma Oli on Monday embarked on a four-day official visit to China, his maiden trip to any neighbouring country in this term, during which he is scheduled to hold talks with Chinese President Xi Jinping on various issues of mutual interest. Oli is visiting Beijing at the invitation of his Chinese counterpart Li Qiang, the Ministry of Foreign Affairs here said. During the visit from December 2-5, Prime Minister Oli is scheduled to meet Chinese President Xi in Beijing and hold bilateral talks with Premier Li to discuss matters of mutual interest, the ministry said in a statement. He is leading a 39-member delegation to China. His spouse Radhika Shakya is also accompanying him on the visit. Oli will also meet Zhao Leji, Chair of the Standing Committee of the National People's Congress. He will be a keynote speaker at an event to be held at Peking University in Beijing. Oli, regarded as a pro-China leader, heads a coalition government consisting of his Commu

Nepal PM Oli embarks on four-day China visit, first trip in this term
Updated On : 02 Dec 2024 | 1:30 PM IST

Modi meets leaders including Nepal PM, Palestine President in New York

Prime Minister Narendra Modi held separate talks with world leaders, including his Nepalese counterpart K P Sharma Oli and Palestinian President Mahmoud Abbas, discussing various facets of bilateral ties and reaffirmed India's support for the Palestinian people. Modi is in New York on the second leg of his three-day US visit and met the leaders on the sidelines of the UN General Assembly session. "Had a very good meeting with Prime Minister KP Oli in New York. The India-Nepal friendship is very robust and we look forward to adding even more momentum to our ties. Our talks focused on issues such as energy, technology and trade," Modi said in a post on X. "Deepening the warm and close friendship. PM @narendramodi met PM @kpsharmaoli of Nepal, on the sidelines of the UNGA today," the official account of the Ministry of External Affairs said in a post on X. "The two leaders discussed matters of mutual interest to strengthen cooperation in all areas of age-old, multi-faceted and expandi

Modi meets leaders including Nepal PM, Palestine President in New York
Updated On : 23 Sep 2024 | 6:40 PM IST

Foreign Secy Vikram Misri arrives in Nepal on two-day visit to boost ties

Foreign Secretary Vikram Misri arrived here on Sunday on a two-day visit to discuss with the country's leadership and officials ways to further strengthen India-Nepal relations and advance the mutually beneficial ties with the Himalayan nation. Misri was received by his Nepalese counterpart Sewa Lamsal on his arrival here. "Foreign Secretary of India @VikramMisri arrives in Kathmandu for an official visit from 11-12 August 2024. Warm reception by Nepal Foreign Secretary Ms Sewa Lamsal," the Embassy of India in Kathmandu said in a post on X. "The visit is in keeping with the tradition of regular high-level India-Nepal bilateral exchanges & underlines India's commitment to its #NeighbourhoodFirst policy," it said. Misri will call on Prime Minister K P Oli and President Ram Chandra Poudel and Foreign Minister Arzu Rana. Misri's visit reflects the priority India attaches to its relations with Nepal and will be an opportunity to further advance the bilateral ties, the Ministry of ...

Foreign Secy Vikram Misri arrives in Nepal on two-day visit to boost ties
Updated On : 11 Aug 2024 | 11:34 AM IST

Newly appointed Nepal PM Oli wins vote of confidence in Parliament

Nepal's newly appointed Prime Minister K P Sharma Oli comfortably won a vote of confidence in Parliament on Sunday, nearly a week after he was sworn in to lead a coalition government in the Himalayan nation. Oli secured 188 votes in favour of the Vote of Confidence motion tabled by him while 74 votes were cast against the motion. Out of a total of 263 members of the House of Representatives, who were present, one member abstained. Oli, 72, required 138 votes out of a total of 275 votes to pass the floor test in the House of Representatives (HoR). Prime Minister Oli has won the vote of confidence in the Lower House, Speaker of the HoR Dev Raj Ghimire announced after the counting of votes. As the Parliament meeting started, Prime Minister Oli tabled the motion seeking a vote of confidence from the House. Speaker Ghimire gave around two hours for HoR members and representatives from ruling and Opposition parties to discuss the motion. He then allotted time for the Prime Minister to g

Newly appointed Nepal PM Oli wins vote of confidence in Parliament
Updated On : 21 Jul 2024 | 7:33 PM IST

UML & NC finalising ministerial list, Oli-led govt to be sworn-in on Monday

K P Sharma Oli, who is set to become Nepal's new Prime Minister, was busy on Saturday consulting his alliance partner Nepali Congress in preparing the list of ministers to be inducted into the new coalition government that is likely to be sworn in on Monday. President Ram Chandra Paudel is expected to appoint Oli, 72, as the new Prime Minister of the Nepali Congress (NC)-UML coalition by Sunday afternoon. However, the President is likely to administer the oath to the new PM and other members of the cabinet on Monday morning. A small cabinet is likely to be announced on Monday before the oath-taking ceremony starts, said sources close to the NC and UML. Amid political turmoil in the Himalayan nation, Communist Party of Nepal-Unified Marxist Leninist (CPN-UML) chairman Oli, 72, is set to become prime minister once again after incumbent Prime Minister Pushpa Kamal Dahal 'Prachanda' on Friday failed to win a trust vote in Parliament. Late on Friday night, Oli had staked his claim to ..

UML & NC finalising ministerial list, Oli-led govt to be sworn-in on Monday
Updated On : 13 Jul 2024 | 5:40 PM IST

Deuba-Oli discuss new govt formation ahead of floor test for PM Prachanda

Ahead of a floor test for the embattled Nepal Prime Minister Pushpa Kamal Dahal 'Prachanda' on Friday, leaders of the Nepali Congress and CPN-UML have agreed to form a new coalition government after ousting the former guerrilla leader. K P Sharma Oli-led CPN-UML, the largest party in the ruling coalition, withdrew support for the Prachanda-led government last week after inking a power-sharing deal with the largest party - Nepali Congress - to replace the former Maoist leader, who is expected to lose the confidence vote. The Nepali Congress, the largest party in the 275-member House of Representatives, has 89 seats at present, while CPN-UML has 78 seats. Their combined strength of 167 is sufficient for a majority of 138 seats in the lower house. Prachanda's party has 32 seats. Oli, the CPN-UML chairperson, met Nepali Congress president Sher Bahadur Deuba on Wednesday. The meeting between the two leaders was aimed at formulating a future strategy on how to move forward after the Nep

Deuba-Oli discuss new govt formation ahead of floor test for PM Prachanda
Updated On : 11 Jul 2024 | 11:51 AM IST

Nepali Congress & CPN-UML strike deal to oust Prachanda, form new alliance

The two leaders tentatively agreed to form a new government, amend the Constitution, and work out a power-sharing formula

Nepali Congress & CPN-UML strike deal to oust Prachanda, form new alliance
Updated On : 02 Jul 2024 | 11:46 AM IST

8 Nepal ministers from CPN-UML in Dahal-government set to resign today

The latest change in the government in less than 100 days of its formation on March 4 comes amid a new agreement that was struck at midnight in between KP Sharma Oli and Sher Bahadur Deuba

8 Nepal ministers from CPN-UML in Dahal-government set to resign today
Updated On : 02 Jul 2024 | 9:57 AM IST

Nepal ex-PM against misuse of open border with India by 'unwanted elements'

Former Nepal prime minister KP Sharma Oli on Wednesday said that the people of Nepal and India should benefit from the open border that exists between the two countries, but cautioned against its "misuse" by "unwanted elements. Speaking as the chief guest at a programme organised by the Nepal-India Friendship Society to commemorate India's 77th Independence Day, Oli extended his wishes to the people and government of India. He said there existed people-to-people relations between Nepal and India long before the two countries were formed. The relations between the two countries are born out of nature and nurtured by common history, culture, religion and social values, said Oli, who is the chairman of the Communist Party of Nepal (Unified MarxistLeninist). The people of our two countries should benefit from the open border existing between us, but at the same time, we should be careful not to misuse the open border by unwanted elements, he pointed out. Asserting that the two countrie

Nepal ex-PM against misuse of open border with India by 'unwanted elements'
Updated On : 16 Aug 2023 | 9:29 PM IST

Third force: The tightrope walk that awaits Prachanda, Nepal's new PM

On Christmas day, Dahal became prime minister of Nepal for the third time - with Oli's assistance. The story of how he achieved this is a riveting one

Third force: The tightrope walk that awaits Prachanda, Nepal's new PM
Updated On : 29 Dec 2022 | 10:53 AM IST

K P Sharma Oli re-elected chairman of Nepal's CPN-UML party

Oli bagged 1,840 votes against his nearest rival Bhim Rawal, who got 223 votes

K P Sharma Oli re-elected chairman of Nepal's CPN-UML party
Updated On : 30 Nov 2021 | 9:15 PM IST

Consider the evidence: Will change of guard change Nepal's fortune?

Deuba was previously appointed prime minister in 1995, 2001, 2004, and 2017, but has never served a full term

Consider the evidence: Will change of guard change Nepal's fortune?
Updated On : 19 Jul 2021 | 6:10 AM IST

Nepal instability: Confidence vote to decide government's tenure

If Deuba loses the floor test, the country will go to the polls in six months

Nepal instability: Confidence vote to decide government's tenure
Updated On : 15 Jul 2021 | 12:03 AM IST

Sher Bahadur Deuba takes oath as Nepal's PM for record fifth time

The 75-year-old veteran politician took the oath of office and secrecy from President Bidya Devi Bhandari during a swearing-in ceremony here.

Sher Bahadur Deuba takes oath as Nepal's PM for record fifth time
Updated On : 13 Jul 2021 | 11:28 PM IST

Deuba's immediate task is to usher in political stability in Nepal

Sher Bahadur Deuba assumed office for a record fifth time as Nepal's Prime Minister

Deuba's immediate task is to usher in political stability in Nepal
Updated On : 13 Jul 2021 | 8:51 PM IST

Oli supporters protest against SC verdict to reinstate dissolved House

Nepal's caretaker Prime Minister KP Sharma Oli supporters on Monday protested against the Supreme Court's order to reinstate the dissolved House of Representatives

Oli supporters protest against SC verdict to reinstate dissolved House
Updated On : 13 Jul 2021 | 7:46 AM IST

Nepal's SC reinstates dissolved House for second time in five months

Nepal's Supreme Court on Monday reinstated the dissolved House of Representatives for a second time in nearly five months, delivering a major blow to Prime Minister K P Sharma Oli

Nepal's SC reinstates dissolved House for second time in five months
Updated On : 12 Jul 2021 | 1:48 PM IST

Nepal Prime Minister Oli claims Yoga originated in Nepal, not in India

"Yoga originated from this part of the globe. It originated from Uttarakhand, in particular, Nepal was the place of origin of Yoga," he said.

Nepal Prime Minister Oli claims Yoga originated in Nepal, not in India
Updated On : 23 Jun 2021 | 4:08 PM IST