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 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.
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.
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.
India's economy is projected to grow by 9 per cent in the next fiscal year, retaining its position as the fastest-growing major economy, the International Monetary Fund (IMF) reported on Tuesday citing its expectations of higher investments and consumption due to credit growth and better financial sector performance
The construction industry, the biggest contributor to the gross domestic product in Sri Lanka, is threatened by the shortage of cement, and now builders have urged authorities to resolve their issues
Pakistan recently decided to offer permanent residency to rich foreigners, mainly Sikhs living in the US and Canada, Afghans and Chinese, in exchange for their investment, a move the country’s Information Minister Fawad Chaudhary termed “historic.”
In a bid to revive its prized tea industry facing an export collapse, the Sri Lankan government has said it will provide fertilizer subsidies to tea cultivators who have been suffering since the ban on chemical fertilizer last year
In a tweet on Friday, Pakistan Prime Minister Khan said the Gross Domestic Product (GDP) growth for the last three years was 5.37 percent and congratulated his own government for “substantial job creation” and “rise in per capita income.”
India will not buy Nepal’s surplus electricity produced by hydropower projects having Chinese components or built by Chinese contractors, Indian authorities have reportedly conveyed to Nepal, days after the industry players from the two nations signed a landmark agreement for power trading
Bangladesh's economic success - from a "basket case" to a "bull case" - and hailed around the world, is being recognised by neighbour India as Indian High Commissioner in Dhaka Vikram K Doraiswami met FBCCI President Mohammad Jashmin Uddin and sought the cooperation of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) to boost bilateral trade between the countries
India on Tuesday extended a $500 million line of credit to Sri Lanka for the import of fuel as a couple of power plants in the island country ran out of fuel amid a severe foreign exchange crisis
Sri Lanka has been exploring the option of procuring fuel, required for the operations of power plants, from India as regular supplies are affected amid a severe foreign exchange crisis
India will extend $1.5 billion in additional lines of credit to Sri Lanka, Indian External Affairs Minister S Jaishankar confirmed on Saturday, assuring the island country of its continuous “support in all possible ways for overcoming economic and other challenges”
The International Monetary Fund (IMF) Board has approved a $395.9 million extended credit facility (ECF) for Nepal to help it mitigate the pandemic’s impact on health and economic activity, supporting sustained growth and poverty reduction among others
India has extended $900 million facilities to Sri Lanka, the Indian High Commission in Colombo said, as the island country has been going through its worst economic crisis, with record low foreign exchange reserves and food shortages
After Fitch Ratings, Standard and Poor's has now downgraded Sri Lanka’s sovereign ratings to ‘CCC’ with a negative outlook from an earlier ‘CCC+’ as its currency continued to be under pressure, indicating the island country may see a sovereign default scenario this year, a prospect the country’s central bank denied
The UK government on Thursday announced the launch of free trade agreement (FTA) negotiations with India, describing it as a "golden opportunity" to put British businesses at the "front of the queue" of "India's booming economy" and its fast-growing segment of "250 million shoppers"
Nepal will begin its first 5G internet services trial in June, almost after a delay of over a year, which will cover both urban and rural areas, officials said
