Category: Kathmandu, Nepal

Nepal needs more conducive framework for higher Indian FDI: Arun Jaitley6 min ago

New Delhi, Mar 3 : India is ready to provide more soft loans for new infrastructure projects to Nepal, Finance Minister Arun Jaitley has said, while asking it to develop a conducive legal and regulatory framework to attract more FDI. Addressing the ‘Nepal Investment Summit 2017’ in Kathmandu yesterday, Jaitley said that with “early completion of power projects like Upper Karnali and Arun-III, Nepal would be able to export electricity to India”.

Nepal seeks foreign investment to help recovery from quake

Nepal made a pitch to foreign investors Thursday for help in developing its struggling economy as the Himalayan nation recovers from a devastating 2015 earthquake. The government hopes to attract at least $1 billion in new foreign investment during the two-day conference in the capital, Kathmandu.

650 transgenders in Nepal apply for civil services

Kathmandu, Feb 11 – For the first time in the history of Nepal, 651 transgenders applied for civil service exams conducted by the Public Service Commission last year, a media report said. The forms for civil service jobs exams had three gender options, one for male examinees, the other for females, and the third for the ‘Other’ sex, Kathmandu Post reported.

Standoff between Prachanda, Madhesis continues in Nepal

Kathmandu, Jan 30 – Nepalese Prime Minister Pushpa Kamal Dahal ‘Prachanda’ held another round of inconclusive talks with the Nepali Congress and the Madhesi Morcha on Monday as the Morcha said a firm no to local body polls before broad-based constitutional amendments. The Morcha alleges that the Prime Minister has repeatedly failed to keep his promises made to them while assuming office in August last year.