Nepal

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Building blocks

Nepali economy has entered 2018 in better health. Nepal’s economic growth rate topped a 23-year high of 6.9 percent in the fiscal year 2017, inflation stood at 3.9 percent in November (the latest data available), and foreign exchange reserves have adequate funds to finance merchandise imports of up to 13.5 months.

Slippery road ahead

The resolution of the dispute over the National Assembly (NA) election ordinance came as a pleasant surprise. After months of holding on to the draft ordinance and asking the Nepali Congress to reach a compromise with the other parties, President Bidya Bhandari suddenly ratified the ordinance on Friday.

Too slow a pace

The National Reconstruction Authority (NRA) marked its two years of establishment on Wednesday, seeing three chief executive officers in operation.

Aid accountability

Nepal became eligible to receive a $500 million grant from Millennium Challenge Corporation (MCC) by passing 16 of the 20 indicators in its scorecard for 2017.

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In northeast India, water-management practices to deal with climate change

In a small village on the north bank of the Brahmaputra in Assam in northeast India, farmer Horen Nath stood gazing at his partially submerged paddy field. The floods had kept their annual date but mercifully, the farmer said, the waters have started receding. "The weather has become very strange of late. We always had ample rain,

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IMF cuts India's growth projection, but it still retains world's top spot

The International Monetary Fund (IMF) cut India's growth projections for this fiscal year to 7.3 per cent and for the next to 7.5 per cent on Monday, although the country will still retain i...

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