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Nepal

The Nepal Rastra Bank has unveiled its annual Monetary Policy (2074-75) which has drawn mixed reactions.

 

The export of priority products has declined this fiscal year even though there has been a favourable investment climate within the country.

 

Two and-a-half years after the spectacular election victory of January 8, 2015, President Maithripala Sirisena appears to be facing one of his biggest conflicts in the National Unity government which was formed after the parliamentary elections in August 2015.

 

Nepal has high hopes of exporting surplus electricity to its big southern neighbor, India. But these appear to have been dashed after India introduced a tough regulation on cross-border electricity trade. 

 

The Prithvi Highway is a vital link between the capital and the Tarai, through which passenger and goods traffic is by far the heaviest of all roads that lead to Kathmandu.

 

The Prithvi Highway is a vital link between the capital and the Tarai, through which passenger and goods traffic is by far the heaviest of all roads that lead to Kathmandu.

 

It is frustrating to hear that the petro dealers association has warned that it will continue its protest and will not collect petroleum products from Nepal Oil Corporation depots if it does not find government report on “technical loss” of the petroleum products convincing.

 

Although the National Human Rights Commission had recommended way back in 2005 to upgrade the amenities for prisoners nothing substantial has been done about it.

 

Days after the monsoon started some deaths and devastation has been left behind by floods and landslides. The rainy season is to stay here about three months, and the high monsoon period is yet to arrive.

 

Voting on the second phase of local level election in 35 districts of the province number 1, 5 and 7 went off largely peacefully except for  sporadic incidences of violence and clashes among rival parties’ cadres and a couple of deaths related to the election held almost after a gap of 20 years.

 


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