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10 hydropower projects damaged in Nepal floods, no significant effect on power export

10 hydropower projects damaged in Nepal floods, no significant effect on power export

At least 10 hydropower projects have been damaged by floods in Bhotekoshi river in Rasuwa district and Trishuli river in Nuwakot district in Nepal, authorities said on Friday. The flash floods, possibly triggered by a glacial lake burst in China...

Kathmandu Metropolis finally set to bring s25.11 billion budget

Kathmandu Metropolis finally set to bring s25.11 billion budget

The Kathmandu Metropolitan City is finally set to unveil an annual budget of Rs25.11 billion for the upcoming fiscal year 2025-26. A meeting of the revenue advisory committee, led by Deputy Mayor Sunita Dangol and the resource estimation...

Nepal Stands with India, Warns Against Use of Its Soil by Pakistan-Based Terror Groups

Nepal Stands with India, Warns Against Use of Its Soil by Pakistan-Based Terror Groups

In a strong show of solidarity with India, senior leaders, former ministers, and national security experts from Nepal have warned the government against allowing Pakistan-based terrorist groups to exploit Nepalese territory. The comments came...

Glacial lake outburst in Tibet triggers deadly flood in Nepal

Glacial lake outburst in Tibet triggers deadly flood in Nepal

Tenzin Nyidon DHARAMSHALA, July 11: A massive glacial lake outburst in Tibet’s Kyirong County has triggered a devastating flood that surged into northern Nepal this week, leaving a trail of destruction in its wake. The incident, which occurred on...

Currencies of Bangladesh, Sri Lanka to be convertible in Nepal

KATHMANDU, July 11 (Xinhua) -- Nepal's central bank announced on Friday that it would categorize the Bangladeshi and Sri Lankan currencies as convertible foreign exchanges in the country, a move that has made tourism professionals happy. "The...

Nepal’s banks accused of concealing non-performing loans

Nepal’s banks accused of concealing non-performing loans

KATHMANDU: Former officials of Nepal’s central financial institutions have raised serious concerns about the true state of the country’s banking sector, claiming that many banks are hiding the real scale of bad loans, also known as non-performing...

Flood in Rasuwa halts 250 MW of hydropower production

Flood in Rasuwa halts 250 MW of hydropower production

Hydropower project affected by the flood in Rasuwa. RASUWA: Heavy flooding in Lhende Khola, near the Nepal-China border, has forced the shutdown of hydropower plants in the Rasuwa and Nuwakot districts, cutting off around 250 megawatts of...

Nepal set for pilgrim influx as Kailash yatra resumes

Nepal set for pilgrim influx as Kailash yatra resumes

Nepali tourism entrepreneurs this year expect to cater to at least 25,000 Indian pilgrims embarking on the revered Kailash Manasarovar yatra in Tibet, China. After improved diplomatic ties with New Delhi, Beijing officially resumed the pilgrimage...

Kolkata to get back air link to Nepal after 11 months, direct flights from September 1

Kolkata to get back air link to Nepal after 11 months, direct flights from September 1

Image credit - iStock-868924070 After a gap of nearly eleven months, Kolkata is set to have direct flight connectivity with Nepal's capital, Kathmandu. Travellers between Kolkata and Kathmandu currently have to travel via Delhi. Buddha Air,...

Ever in India’s shadow, Bangladesh needs to define its own energy path

Ever in India’s shadow, Bangladesh needs to define its own energy path

As a country Bangladesh is at an energy crossroads. Following decades of natural‑gas dominance, its energy planners are charting a course towards a diversified portfolio, including nuclear power-use, LNG, coal-fired generation, and a nascent but...

Nepal News Evening Briefing | Thursday, July 10, 2025 

Nepal News Evening Briefing | Thursday, July 10, 2025 

KATHMANDU: Stay informed with Nepal News’ daily evening briefing, covering the most significant developments from Nepal and around the world. From politics and economy to sports, entertainment, and culture, we bring you a concise summary of the...

Nepal News Evening Economic Brief – July 10, 2025

Nepal News Evening Economic Brief – July 10, 2025

KATHMANDU: Welcome to Nepal News’ Evening Economic Brief—your go-to source on key financial updates in Nepal. Stay informed with concise insights on market trends, economic indicators, and policy shifts. Here are today’s top economic news...

Flood without rain in Nepal raises concerns about Glacial Lake Outbursts 

Flood without rain in Nepal raises concerns about Glacial Lake Outbursts 

There were no rain forecasts, so no warning alert as such. But early Tuesday, massive floods on the Bhotekoshi river in Rasuwa, a district bordering China, killed at least nine people and left 19 missing. Nepal’s police and Army personnel carried...

Nepal’s economy grows by Rs 400 billion, reaches Rs 6.1 trillion this fiscal year

Nepal’s economy grows by Rs 400 billion, reaches Rs 6.1 trillion this fiscal year

Building of the Ministry of Finance at Singha Durbar in Kathmandu. (File photo/Khabarhub) KATHMANDU: Nepal’s economy has expanded by Rs 400 billion this fiscal year, reaching a total of Rs 6.1 trillion, according to data released by the Ministry...

Nepal: Why EVs are swiftly taking over Kathmandu's streets

Nepal: Why EVs are swiftly taking over Kathmandu's streets

Sabin Kumar Chettri, a cab driver in Kathmandu, gave up his gasoline car in 2024 and switched to an electric vehicle (EV). Before the switch, he had used a car powered by an internal combustion engine (ICE) for about a decade, during which he...

TOWARDS ENERGY & ECONOMY: Driving Nepal’s Energy Aspirations

TOWARDS ENERGY & ECONOMY: Driving Nepal’s Energy Aspirations

For the reasons big and small including a lack of adoption ofsound macroeconomic policies and institutional reforms, the national aspiration for turning Nepal into a green energy centre of South Asia hasfailed to attain success so far though...

UAE stays course on five million barrels production capacity plan by 2027

UAE stays course on five million barrels production capacity plan by 2027

The UAE said on Thursday it was committed to staying the course on its plan to be able to produce five million barrels per day by 2027. The Ministry of Energy and Infrastructure re-established its commitment to the goal on Thursday, according to...

Bridge to Nepal Washed Away as Flash Floods Rock China

Bridge to Nepal Washed Away as Flash Floods Rock China

Extreme weather events have become a regular feature of China’s wet season, and this week yielded more drama, with the Friendship Bridge between China and Nepal washed away on Tuesday. Nine people died and over a dozen are missing, according to a...

Update: Glacial lake burst in Tibet led to devastating Tibet-Nepal flood

Update: Glacial lake burst in Tibet led to devastating Tibet-Nepal flood

(TibetanReview.net, Jul10’25) – The deadly flood in Nepal’s Bhote Koshi River that killed at least nine people and left more than two dozen missing this week was triggered by the draining of a supraglacial lake in Tibet, reported Reuters Jul 10,...

Nepal News Evening Briefing | Wednesday, July 9, 2025 

Nepal News Evening Briefing | Wednesday, July 9, 2025 

KATHMANDU: Stay informed with Nepal News’ daily evening briefing, covering the most significant developments from Nepal and around the world. From politics and economy to sports, entertainment, and culture, we bring you a concise summary of the...

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