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ADB projects Nepal’s growth At 5.3%

The Asian Development Bank (ADB) has projected that Nepal’s economy will grow by 5.3 percent in the current fiscal year 2019/20. “Nepal’s economy is anticipated to grow by 5.3 percent (at market prices) this year, down from 7.1 percent a year earlier,” said the ADB in its flagship economic publication Asian Development Outlook 2020

India's lockdown hurts Bhutan's pan shops

The ongoing lockdown in India has led to a shortage of doma (areca nut) and paney (betel leaves) in the Bhutanese market

Pakistan signs $200m pandemic response pact with World Bank

Pakistan and the World Bank on Friday signed a $200 million Pandemic Response Effective Project (PREP) that will help the poor and vulnerable cope with the immediate impact of the Covid-19 pandemic through social protection measures, food rations and remote learning education

IIT Hyderabad-incubated startup develops low-cost ventilator

Indian Institute of Technology Hyderabad-incubated startup Aerobiosys Innovations has developed a low-cost, portable, emergency-use ventilator, the institute said

Cover atheist Muslims from neighbouring countries under India's citizenship law: Bangladeshi writer Taslima Nasrin

"If the Citizenship Amendment Act (CAA) is about giving citizenship to the persecuted in the neighbouring countries, I appeal to the Government of India to extend it to atheists and persecuted Muslims too

OYO reaches out to embassies to accommodate stranded foreigners

Indian hospitality major OYO has reached out to embassies of over 15 countries to accommodate foreign nationals stranded in India amid the coronavirus crisis and the ongoing lockdown

Sri Lanka digitally signs World Bank credit to fight coronavirus

Sri Lanka has signed a 128.6 million US dollar credit to help its fight against Coronavirus with the country aggressively detecting cases linked to foreigners or foreign returnees, quarantining them, the Finance Ministry said

IIT-R develops low-cost portable ventilator

The Indian Institute of Technology-Roorkee(IIT-R) recently hit headlines after a team of researchers at the institute developed a low-cost portable ventilator that might prove useful for the survival of COVID-19 patients

India's DRDO develops critical equipment for fighting COVID-19

India's Defence Research and Development Organisation (DRDO), which has been tracking the spread of coronavirus (COVID-19) since the world media started reporting its devastating impact in China’s Wuhan Province, took a call in the first week of March 2020 to enhance efforts to create countermeasures to stop the spread of the disease in India

Moody’s sees Pakistan growth rates sliding to 2pc

Moody’s Investors Service on Thursday estimated Pakistan’s growth rate could further slide to two per cent during the current fiscal year owing to Covid-19 outbreak and believed recent steps by the State Bank of Pakistan (SBP) would soften the impact of the pandemic on the country’s banks

Saarc backs Pakistan proposal for health ministers’ video conference

South Asian Association for Regional Cooperation (Saarc) secretary general Esala Ruwan Weerakoon on Thursday backed Pakistan’s proposal for a video conference of the health ministers of the eight-member regional bloc on the Covid-19 pandemic

SriLankan Airlines to slash staff pay

State-run SriLankan Airlines said it will slash staff pay and negotiate deferred payments from suppliers with the fleet grounded and only cargo flight to be operated, due to Coroanvirus

Covid-19: India, Pakistan among nations to get emergency funding from World Bank

The World Bank has announced that India is to receive $1 billion in emergency financing to fight the Covid-19 pandemic

Ignoring social distancing norm cost Indore dearly

Madhya Pradesh's Indore City, which is known for its cleanliness, is now struggling with the novel coronavirus. There may be many reasons behind it but the biggest reason is not following the social distancing norms. Also, despite the initial cases, the necessary arrangements were not made in time

Maldivian makes history, becomes first to be named in Forbes Asia top 30

A tech wiz, Mohamed Afzal, has made history by becoming the first Maldivian national to be named on the Forbes list of top 30 young entrepreneurs in Asia