SJVN signs papers to get Rs 6,333 crore loan for Arun-3 hydro project in Nepal
NEW DELHI: State-owned SJVN on Tuesday signed papers to get a Rs 6,333.40-crore loan from a consortium of banks from India and Nepal for funding of its Arun-3 power project in Nepal. “SJVN Arun-3 Power Development Company, a subsidiary of SJVN Ltd in Nepal, today (on Tuesday) signed term loan documents for drawl of Rs […]
Patna Medical College Hospital to get Rs 5540 crore ‘world class’ makeover
PATNA: Bihar Chief Minister Nitish Kumar on Monday launched an ambitious project that aims to upgrade the Patna Medical College Hospital and make the largest public health care centre in the state “world class”. At a function held inside the historical PMCH campus, the Chief Minister laid the foundation stone of the 5462-bed hospital coming […]
Vaccine diplomacy: Nepal, Bangladesh, Bhutan and Maldives get India’s anti-COVID-19 doses
KATHMANDU/DHAKA: Nepal, Bangladesh, Bhutan and the Maldives have received India’s COVID-19 vaccines under grant assistance in sync with its a Neighbourhood First’s policy. India is one of the world”s biggest drugmakers and an increasing number of countries have already approached it for procuring the coronavirus vaccines. India has already rolled out a massive coronavirus vaccination […]
Flash Flood Guidance Services launched; first of its kind for South Asian countries
NEW DELHI: Earth System Science deals with the Earth system’s five components—Atmosphere, Hydrosphere, Cryosphere, Lithosphere, and Biosphere, and their complex interactions. The Ministry of Earth Sciences (MoES) holistically addresses all the aspects relating the Earth System Science for providing weather, climate, ocean, coastal state, hydrological and seismological services. The services include forecasts, warnings and detection […]
Mount Everest is higher than we thought, say Nepal and China
By Gopal Sharma KATHMANDU:Mount Everest is higher than previously thought, Nepal and China said on Tuesday, settling a long-running conflict over the height of the world’s tallest peak that straddles their shared border. Kathmandu and Beijing had differed over its exact height but after each sent an expedition of surveyors to the summit they have […]
ICICI Bank sets up presence in Nepal
MUMBAI: Lending major ICICI Bank on Thursday launched its operations in Nepal, via a representative office, to become the first Indian private sector bank to set up its presence in the country. The bank opened a representative office in Kathmandu which will closely work with the domestic banks in Nepal to facilitate investment, trade, payments […]
Problems between Nepal, India would be resolved through dialogue: PM K P Sharma Oli to Indian Army chief
By Shirish B Pradhan KATHMANDU: Problems between Nepal and India would be resolved through dialogue, Prime Minister K P Sharma Oli said on Friday during a meeting here with Indian Army chief Gen. M M Naravane who paid a courtesy call on him. Gen Naravane’s three-day visit to Nepal was largely aimed at resetting bilateral […]
Nepal-China border point reopens after 3-week closure
KATHMANDU: The Rasuwagadhi-Kerung border point between Nepal and China reopened on Thursday after it remained closed for around three weeks due to the Covid-19 pandemic, a senior customs official said here. The border point, which is one of the key trade routes between the two country, was closed after a Nepali worker tested positive for […]
For balanced ties, Nepal to shun projects opposed by India, China: Report
KATHMANDU: Nepal’s Social Welfare Council is drafting a policy “to discourage” foreign non-governmental organisations (NGO) from running programmes that can harm the Himalayan nation’s ties with neighbours India and China, it was reported on Sunday. “Nepal is a land-locked country and has two large countries with large populations in the north and south,” The Kathmandu […]
Nepal calls for foreign investment; seeks major economy boost in next five years
By Shirish B Pradhan KATHMANDU: Nepal’s Prime Minister K P Oli on Friday urged foreign investors, including from India and China, to invest in the Himalayan nation, saying it required around USD 88 billion business in the next five years to graduate from the category of Least Developed Countries to the Lower Middle Income country. […]