Page 28 - Nepal

PM Modi's visit to Lumbini to boost Nepal's pilgrimage tourism: Expert

Prime Minister Modi's first visit to Lord Buddha's birthplace Lumbini is expected to give the much-needed fillip to Nepal's tourism sector still reeling from the aftermath of the coronavirus pandemic

PM Modi signs 6 MoUs with his Nepalese counterpart Deuba in Lumbini

Modi, who is in the Himalayan nation at the invitation of Deuba on a day-long visit to Lumbini on the occasion of Buddha Purnima, met Deuba after offering prayers at the sacred Maya Devi temple

PM Modi holds talks with Nepalese counterpart Sher Bahadur Deuba in Lumbini

PM Modi held bilateral talks with his Nepalese counterpart Sher Bahadur Deuba in Lumbini during which they discussed ways to strengthen ongoing cooperation.

PM Modi to lay foundation for Buddhist Culture centre in Nepal today

Prime Minister Narendra Modi will lay the foundation stone for the construction of a unique centre for Buddhist Culture and Heritage within the Lumbini Monastic Zone during his official visit to Nepal's Lumbini on Monday on the occasion of Vaishakha Buddha Purnima, informed the Ministry of Culture.At Lumbini, the Prime Minister will visit the sacred Mayadevi temple to offer prayers. Prime Minister will also deliver an address at a Buddha Jayanti event organized by the Lumbini Development Trust under the aegis of the Government of Nepal, said the ministry in its press release.The construction of the unique "India International Centre for Buddhist Culture & Heritage" with a universal appeal will be undertaken by the International Buddhist Confederation (IBC), India under the auspices of the Lumbini Development Trust with the financial support of the Ministry of Culture, Government of India.International Buddhist Confederation is a grantee body under the Ministry of Culture. The ...

Petrol price hiked in Nepal; reaches all-time high of NPR 170 per liter

The board of directors of state-owned petroleum importer NOC decided to increase the price by 10 paise after which a litre of petrol would cost NPR 170

Nepali Sherpa woman climbs Mt Everest for 10th time, breaks own record

A Nepali Sherpa broke her own record as the most successful female climber of Mount Everest by reaching the summit of the world's highest peak Thursday.

Nepal shuts borders with India, China for 72 hours ahead of polls on Friday

Nepal has shut its international borders with India and China for a period of 72 hours ahead of the local polls slated for Friday, according to the Home Ministry

Nepal govt to close its border points for 72 hrs prior to local elections

Nepal government has decided to seal the border entry points with India and China for 72 hours prior to the local level elections scheduled for May 13, local media reported.The decision comes following a recommendation by the Election Commission urging the government to close the border points from May 10 midnight to May 13 midnight, The Kathmandu Post reported.Nepal's Home Ministry spokesperson Phanindra Mani Pokharel informed that a directive has been issued to the respective district administration offices of the districts bordering India and China to implement the commission's recommendations."Districts sharing borders with neighbouring countries have been directed to seal the border points and halt all movements, except for emergency services, for 72 hours ahead of the May 13 local elections," The Kathmandu Post quoted Pokharel as saying.Pokharel said the ministry has also directed local administrations and security agencies to strictly implement the silent hour as per the ...

Nepal should engage in monetary tightening to bolster forex, says IMF

Nepal, a landlocked country between China and India, has banned luxury goods imports until mid-July to rein in capital outflows

Govt agency expects Nepal's economy to grow by 5.84% in current FY22

Amid the pandemic, Nepal's economy contracted by 2.37 per cent in 2019-20, and grew by 4.25 per cent in 2020-21, according to official figures

Nepal says not getting adequate electricity from India; may cut power

Nepal may cut power to its industrial corridors soon as the Himalayan nation is not getting adequate power supply from India, authorities said on Thursday.

IRCTC launches low-cost 'religious tour package' from Lucknow to Nepal

The six-day-five-night package will start from June 19 and end on June 24

Nepal bans import of luxurious items to save declining forex reserves

Earlier in March, the central bank had instructed the commercial banks not to import gold exceeding 10 kg per day, half the quantity compared to the previous provision

Self Drive Nepal to be BYD electric vehicle's exclusive rental partner

A BYD service center will also be set up at Spark Group's facility in Guheshwori, Kathmandu, which is scheduled to be operational within May 2022

Nepal's economy slow and in danger amidst economic challenges, say experts

Amid sluggish major macroeconomic indicators, Nepal has been facing economic challenges and hassles as per the latest central bank data.

Nepal finance minister invites non-residents to open dollar accounts

The Nepal government has urged Nepalese residing in foreign countries to open dollar accounts in banks in the country and make investments amidst the economic crisis in the Himalayan nation.

Nepal tightens imports amidst narrowing foreign exchange reserves

Nepal's finance minister said that a proposal had been forwarded to temporarily ban the import of expensive and luxurious vehicles

Nepal's economic performance positive, not to worry: Finance Minister

Nepal's Finance minister on Monday dismissed claims by opposition parties that the country's economy will deteriorate further in the coming days

Nepal's decision to ban import of non-essential items may hit India hard

Nepal is India's ninth largest export destination with $9.6 billion of exports to the landlocked country in calendar year 2021

Tourist activity slowly picking up in Nepal as Covid restrictions are eased

The tourism sector, the backbone of the Nepalese economy, came to a griding halt in April 2020 due to the COVID-19 pandemic, officials said on Saturday