Naulosandesh : With 3,370 new cases Coronavirus national tally reaches 591,494

India allows export of 25,000 metric tons of sugar to Nepal

Kathmandu, Nov. 5: India has agreed to provide 25,000 metric tons of sugar to Nepal before the Tihar festival. A few days ago, after the shortage of sugar in the market, the government asked India to provide sugar through fast track. Gajendra Prasad Thakur, spokesman and joint secretary of the…

11/05/2023

New Delhi, Nov. 3: Indian largest Airline IndiGo on Friday reported a net profit of Rs 188.9 crore for the three months ended September as the country’s largest airline remained in the black for four straight quarters, boosted by higher traffic and increased capacity. InterGlobe Aviation, the parent of IndiGo,…

11/03/2023

New Delhi, Oct. 26: Indian Prime Minister, Narendra Modi, is set to inaugurate the 7th Edition of the India Mobile Congress (IMC) 2023 at Bharat Mandapam, Pragati Maidan, New Delhi, on October 27th. During the event, Modi will unveil a groundbreaking initiative, awarding 100 ‘5G Use Case Labs’ to educational…

10/26/2023

Kathmandu, Oct. 19: India has withdrawn its three-month long ban on rice exports to Nepal. In a notice issued by India's Department of Commerce on Wednesday, it is mentioned that India will now export 95,000 tons of rice to Nepal. Such exports will be carried out through the National Co-operative…

10/19/2023

Kathmandu, Oct. 1: Nepal is now permitted to sell electricity in the Real Time Market of India's Energy Exchange (IX), with 44 megawatts to be exported. This marks the first time NEA has received such permission. The Nepal Electricity Authority (NEA), which previously sold electricity by bidding one day ahead,…

10/01/2023

New Delhi, Sept. 14: The over $600 million in dividend income that Indian oil corporations have stashed in Russia may be used to purchase oil from Russia. Indian Oil Corporation (IOC), a division of Bharat Petroleum Corporation Ltd, Oil India Ltd, and ONGC Videsh Ltd, India's main four oil producers,…

09/14/2023

Kathmandu, Aug. 26: The Himalayan kingdom of Bhutan is to halve the $200 daily fee it charges tourists in an effort to boost a sector still struggling to recover a year after the end of COVID-19 restrictions. Bhutan raised its "Sustainable Development Fee" to $200 per visitor per night, from…

08/26/2023

New Delhi, Aug. 3: India's leading services sector experienced substantial improvement in demand conditions in July, leading to notable increases in new business and output in over 13 years, said a private survey on Thursday. According to the Indian Media, The Purchasing Managers' Index (PMI) survey's headline figure, conducted by…

08/03/2023

Kathmandu, June 4 : A report on digital transaction between Nepal and India has been submitted to Nepal Rastra Bank (NRB) Governor, Maha Prasad Adhikari. A team of the Economic Media Operators Association of Nepal (EMAN) prepared the report after conducting studies in various cities in India including the…

06/04/2023

Kathmandu, May 25: The fare of public transportation has been reduced in Bagmati province. With the decrease in the price of diesel, the transportation fare has also been adjusted in the province. Nepal Oil Corporation (NOC) has reduced the price of diesel by Rs 10 per liter to Rs…

05/25/2023

Kathmandu, May 19: Nepal-India Chamber of Commerce & Industry (NICCI) and PHD Chamber of Commerce & Industry (PHDCCI) jointly organized the highly-anticipated "India-Nepal Economic Partnership Summit 2023" in Birgunj, Nepal. The event on Thursday aimed at establishing a platform for in-depth discussions on bilateral economic partnerships. Collaborating with Nepal SBI Bank Ltd…

05/19/2023

New Delhi, May 16: Indian Oil Corporation on Tuesday reported 52 per cent jump in consolidated net profit to ₹10,841.23 crore for the quarter ended March 2023. This is against a net profit of ₹7,089.18 crore in the corresponding quarter last fiscal. The consolidated revenue from operations rose by 10 per cent…

05/16/2023

Colombo, Mar. 23: Sri Lanka has imported two million eggs from India to ensure food security in the crisis-hit island nation, Trade Minister Nalin Fernando said on Thursday. Fernando told Parliament that the shipment imported by the State Trading General Corporation had arrived and the stocks would be released in the…

03/23/2023

Kathmandu, Mar. 19: The meeting of the electricity exchange committee between Nepal and India has decided that Nepal will decide the modality for the export of electricity to other states through the transmission grid of Bihar state. The 14th meeting of the committee held on Friday in the capital of…

03/19/2023

New Delhi, Mar. 4: Indian Prime Minister Narendra Modi on Friday said "out-of-the-box thinking" and "long-term vision" can take tourism to new heights, and added that villages in far-flung areas of India have now come up on the map of tourism. Addressing a post-budget webinar on 'Developing Tourism in Mission…

03/04/2023

Washington, Dec. 9: Canada's TC Energy shut its Keystone pipeline in the United States after more than 14,000 barrels of crude oil spilled into a creek in Kansas, making it one of the largest crude spills in the United States in nearly a decade. The cause of the leak, which…

12/09/2022

Mumbai, Dec. 8: Commenting publicly for the first time on the decision of certain European regulators to de-recognise domestic clearing houses, Reserve Bank of India Governor Shaktikanta Das said that it is necessary for overseas regulators to appreciate the credibility of Indian rules. “We comply with all international standards. Our market infrastructure is…

12/08/2022

New Delhi, Dec. 2: India’s manufacturing sector activity rose to a 3-month high in November as new orders and exports expanded markedly in the latest month, according to a monthly survey. According to the Indian Media, Posting 55.7 in November, up from 55.3 in October, the seasonally adjusted S&P Global…

12/02/2022

New Delhi, Nov. 20: Indian Adani Group's Founder & Chairman on Saturday claimed that India will become the world's third-largest economy by the end of 2030. He added that the country will become 2nd largest economy by 2050. Adani was delivering a keynote address on "India's Path to an Economic…

11/20/2022

New Delhi, Sept. 3: India has overtaken the United Kingdom to become the fifth largest economy in the world, according to Bloomberg, which has cited GDP figures from the International Monetary Fund. New Delhi pushed Britain to the sixth spot in the final three months of 2021 to become the…

09/03/2022

New Delhi, June 24: The World Bank announced on Thursday (23-06-2022) that it had authorized three loans totaling USD 562 million (about Rs 4393.70 crore) to support projects for education in Gujarat, social protection in Tamil Nadu, and the rehabilitation of the fisheries industry after the epidemic. According to the…

06/24/2022

New Delhi, June 11: India has shown exemplary resilience in recovery from the COVID-19 pandemic crisis, Chief Economic Advisor (CEA) of India Anantha Nageswaran said on Saturday. Nageswaran was addressing an “Indian Economy: Prospects, Challenges and Action Points” event at the Haryana Institute of Public Administration (HIPA) here. “India has…

06/11/2022

New Delhi, June 10: Industrial output, measured through Index of Industrial Production (IIP), increased 7.1% during April, shows government data released on Friday. This comes after the meagre 1.9% industrial growth seen in March. The quick estimates for the index of industrial output stood at 135.1 for April 2022, compared…

06/10/2022

Toronto, Apr. 15: Several occupations in Canada actually saw an increase in demand as a result of the outbreak. Many industries have been adversely affected by coronavirus-related shutdowns, but there are actually more job vacancies in some of those industries. According to federal research, each province and territory’s labor force…

04/15/2022

Kathmandu, Apr. 12: The Non-Resident Nepalis Association (NRNA) is to hold interaction with the non-resident Nepalis regarding their support in easing the situation in the context of decreasing foreign currency reserve in the country. The interaction will also have participation of government officials. The emergency meeting of the NRNA…

04/12/2022

New Delhi, Jan. 18: Citing various reform measures taken by the Government, such as the removal of retrospective taxation, reduction in compliance requirements and simplification of the corporate tax rate structure, Indian Prime Ministee Narendra Modi Monday made a strong pitch for India as an investment destination and said this is “the…

01/18/2022

New Delhi, Dec. 4: Terming financial inclusion as the driver of fintech revolution, Indian Prime Minister Narendra Modi on Friday said the fintech industry in the country is innovating to increase access to finance and the formal credit system to every person in the country and now is the time to…

12/04/2021

Singapore, Nov. 24: Singapore’s economy is expected to grow about 7% in 2021, at the top of the official forecast range, and will expand at a slower pace next year as an uneven recovery continues across sectors, the government said on Wednesday. Gross domestic product (GDP) grew 7.1% year-on-year in…

11/24/2021

Colombo, Oct. 17: Sri Lanka has sought a USD 500 million credit line from India to pay for its crude oil purchases amid a severe foreign exchange crisis in the island nation. The move came few days after energy minister Udaya Gammanpila warned that the current availability of fuel in…

10/17/2021

Bishkek, Oct. 11: India on Monday agreed to provide a USD 200-million line of credit support for development projects in Kyrgyzstan, as Indian External Affairs Minister S Jaishankar held "constructive" talks with the top Kyrgyz leadership to boost bilateral ties, including defence cooperation and discussed global issues like Afghanistan. Jaishankar,…

10/11/2021

Kathmandu, Sept. 15: A cargo train of the private sector has arrived in Nepal from India on Wednesday for the first time. The cargo train arrived in Birgunj this morning after 17 years of operations of the Nepal-India rail service. The one-rack cargo train of Hind Terminal Pvt Ltd arrived at…

09/15/2021

Washington, June 23: The powerful US Chambers of Commerce has launched a massive campaign to address the acute shortage of skilled and professional workforce in America, prominent among which includes urging the Biden administration and Congress to double the number of H-1B visas and eliminate per-country quota for the Green…

06/23/2021

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Kathmandu, Nov. 24: The joint training exercise "SURYA KIRAN-XVII" of Nepali Army and Indian Army is starting from 24 November 2023 in Pithoragarh, India. The Nepalese army team that will participate in the exercise, which will be attended by the…

Nepal-India Joint Military Training Excerise Surya Kiran Begin Today

New Delhi, May 5: Indian Prime Minister Narendra Modi will be the guest of honour for this year’s Bastille Day Parade in Paris scheduled to take place on July 14. In a statement, the Ministry of External Affairs (MEA) of…

India allows export of 25,000 metric tons of sugar to Nepal

IndiGo posts Rs 189 crore profit in September quarter

Indian PM Modi to inaugurate India Mobile Congress on October 27

India lifts ban on rice export, allows export of 95,000 tons of rice to Nepal

India permits Nepal to sell 44 MW electricity in India's real-time market

Indian oil firms want their $600 million stuck in Russia to be used for payments to Moscow

Bhutan cuts daily tourist fee by half to lure more visitors

India’s services PMI at 13-year high in July on strong demand

Report on Nepal-India digital transaction submitted to Governor

Public transport fare reduced in Bagmati province

PHDCCI India-Nepal Centre Organised “India-Nepal Economic Partnership Summit

Indian Oil Corp’s profit rises after 5 quarters, jumps 52% to Rs 10,841 crore

Sri Lanka imports 2 million eggs from India to meet shortage

Bihar Grid Will Be Used To Export Power From Nepal To India, Says MD Ghising

Indian PM Modi: Out-of-box thinking, long-term vision can take tourism to new heights

Keystone pipeline shut after 14,000-barrel oil spill in Kansas

Trust credibility of Indian norms: RBI to foreign regulators

India’s manufacturing PMI hits three-month high in November

India to be third largest economy ‘well before’ 2030: Gautam Adani

India overtakes UK as world’s fifth-largest economy: 5 charts to put this in perspective

World Bank approves USD 562 million funding for 3 projects in India

Chief economic advisor Nageswaran: India has shown exemplary resilience in recovering from Covid crisis

India's Industrial output grows 7.1% in April

12 jobs that increased in demand due to the pandemic in Canada

NRNA To Urge Non-Resident Nepalis To Send Dollars

Indian PM Modi: Best time to invest in India, multilateral institutions need reforms

Convert initiatives into fintech revolution: Indian PM toasts e-infra

Singapore economy seen slowing next year after 7% expansion in 2021

Sri Lanka seeks USD 500 million loan from India for fuel purchase

India announces $200 million line of credit for Kyrgyzstan

Private Cargo Train arrives in Birgunj for the first time

US trade body seeks to double H-1B quota

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Nepal-India Joint Military Training Excerise Surya Kiran Begin Today

Indian PM Modi to attend Bastille Day Parade in Paris as guest of honour on July 14