Nepal IT Sector

AI for Every Nepali: Jobs, Prosperity and Nepal’s Next Development Leap

Nepal does not need to become Silicon Valley. It does not need to copy India, China, Singapore or Canada. Nepal needs an AI strategy rooted in its own realities: young talent, hydropower potential, local problems, growing IT services, tourism, agriculture, small businesses and a global diaspora.

The Hidden Tax: Road Accidents Drain Over 3% of GDP From India and Sri Lanka Every Year; Generative AI Could Win it Back

The core data architecture — a national road safety data lake, AI-powered enforcement, multilingual public awareness — is replicable at any scale, in any South Asian language, in any South Asian urban or rural road environment. The technology does not need to be reinvented for Dhaka, Kathmandu or Karachi. It needs to be validated in Colombo and Delhi first.

Why the Global South Must Become AI Creators: Need to Take a More Leading Role in AI Governance and Economy

However, 118 countries, mostly developing ones, do not participate in international discussions on AI governance, according to UNCTAD. This means that billions of people may live within rules they were not involved in making.

AI's Hidden Appetite: Power, Cooling and the New Geography of Infrastructure

What we are witnessing today may only be the opening chapter. The next breakthroughs in AI may not emerge from software laboratories alone, but from nuclear reactors, cooling technologies, offshore infrastructure, advanced materials, and energy networks. The race to build intelligence has quietly become a race to master power and heat.

More on AI and Innovation

Pakistan's exports record 17% growth in October amid yawning trade deficit

In what is the highest increase for a month, Pakistan’s exports in October registered a growth of 17 percent, touching $2.471 billion against $2.104 billion in the same month last year

Bangladesh looks for Russian investment in railway sector

Bangladesh is seeking Russian investment to develop the country’s railway infrastructure, said Railway Minister Nurul Islam Sujan amid a push for railway modernization in his country

India, Italy to collaborate on green hydrogen, renewable energy corridors

India and Italy have agreed to explore the development of green hydrogen, setting up renewable energy corridors, and joint projects in the natural gas sector as the two nations sought to strengthen partnership in energy transition

Power-surplus Nepal asks consumers to use more electricity to avoid wastage

It wasn’t long ago when Nepal used to be on the list of the countries with the highest power outages

Moody’s downgrades Sri Lanka’s sovereign rating; Central Bank calls it 'untimely'

Moody’s Investors Service has downgraded Sri Lanka’s sovereign rating, taking the country’s credit deeper into speculative-grade as foreign reserves continued to fall amid money printing and crippled forex markets

Crisis-hit Sri Lanka's budget expected to be one of the 'trickiest' in history

In an indication that Sri Lanka’s financial woes are far from over, a senior economist has said the country’s 2022 budget will not be able to provide relief to the public given the shaky nature of the budgetary management and lack of sources to finance it

Saudi Arabia announces USD 4.2 bn bailout for cash-strapped Pakistan

Saudi Arabia has agreed to revive its financial support to Pakistan, including about USD 3 billion in safe deposits and USD 1.2bn to USD 1.5bn worth of oil supplies on deferred payments, officials said

Maldives calls on international experts to promote its blue economy

The Maldives has a great scope for collaborating with international experts to promote its blue economy, President Ibrahim Mohammed Solih said on Tuesday as the country looks to promote other sectors to reduce its dependence on tourism

India’s Adani group considering investment in Sri Lanka’s renewable energy sector

India's Adani Group, which has recently been awarded the contract to develop and run Sri Lanka’s strategic Western Container Terminal of Colombo Port, is also exploring the possibility of investing in the country’s renewable energy and wind sector

Pakistan’s economic recovery to be hit by continued FATF grey listing

The Financial Action Task Force, a Paris-based global anti-terror watchdog, has retained Pakistan on its Grey List, also known as the Enhanced Monitoring List, and asked the country to do more "to investigate and prosecute" senior leaders and commanders from the UN-designated terror groups

Dubai to develop infrastructure in Jammu and Kashmir

In a powerful signal, Dubai has signed an agreement to build infrastructure in Jammu and Kashmir even as the Kashmir valley sees a resurgence in violence and targeted attacks against religious minorities and security forces

Sri Lanka to seek $500 million credit line from India amid deepening forex crisis

Sri Lanka is expected to sign for a $500 million credit line facility with India as it suffers a severe forex crisis and is unable to pay for energy imports beyond January next year. Energy secretaries of both countries are expected to sign a deal soon, said Sri Lankan Finance Secretary S R Attygalle

'Biden admin, US companies welcomed India's economic reforms'

India’s Finance Minister Nirmala Sitharaman has said the Biden Administration and leaders from the corporate sector in the US have welcomed recent economic reforms introduced by the government of Prime Minister Narendra Modi

Satya Nadella and Microsoft's leadership team gets 2021 C.K. Prahalad Award for Global Business Sustainability Leadership

Microsoft's leadership team, including its Indian American CEO Satya Nadella, were given the 2021 C.K. Prahalad Award for Global Business Sustainability Leadership at an event in Austin, Texas

Army veteran entrepreneur produces much-needed arms and equipment for Indian armed forces

Alpha Design Technologies has already indigenously manufactured and supplied equipment for a wide range of tanks, missiles, helicopters and various weapons and is indigenously developing Software Defined Radios (SDRs)