NEPAL NEWS
Nepal protests: What triggered the massive deadly chaos in India's neighbourhood?
Nepal protests: Tens of thousands protested in Nepal’s capital against the government’s ban on major social media platforms, including Facebook, X, and YouTube, over registration noncompliance. Demonstrators clashed with police near Parliament, prompting tear gas, water cannons, and a curfew. Critics say the ban, linked to a new bill, threatens free speech and targets government opponents.
Nepal Gen Z protest: 10 protestors dead as police stop demonstrators breaking into Parliament
Nepal Social Media Ban Gen-Z Protest: At least 10 people were killed and dozens injured in Nepal after police used tear gas, rubber bullets, and water cannons to disperse protesters opposing a social media ban and alleged corruption. Demonstrations, largely led by Gen Z youths, turned violent in Kathmandu and Jhapa, prompting curfews and army deployment. Protests spread nationwide, intensifying political tensions.
Nepal’s Gen Z protests social media ban, calls for end to corruption
In Kathmandu, young Nepalis protested the government's social media ban. They also voiced concerns about widespread corruption. Several platforms, including Facebook and X, are inaccessible since Friday. Protesters chanted against the prohibitions and corruption. A student said they were triggered by the ban. Another student protested against the government's authoritarian attitude. The government stated it respects freedom of expression.
Nepal's ruling party urges India and China to withdraw Lipulekh trade agreement
Nepal’s ruling CPN-UML has objected to the India-China agreement to resume border trade via Lipulekh pass, calling it Nepal’s territory and urging both nations to withdraw. The party pressed its government for high-level diplomacy, reiterating claims over Kalapani, Limpiyadhura and Lipulekh. India has rejected Nepal’s claims, stressing the trade route has existed since 1954.
China to unveil modern weapons for the first time at its mega military parade on Wednesday
China is set to showcase its military advancements at a grand parade commemorating the 80th anniversary of its victory against Japan in World War II. The event will feature modern fighter jets, missiles, and electronic warfare hardware, attended by 26 foreign leaders, including Putin and Kim Jong Un.
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UPI sets remarkable new volume milestone in August
Unified Payments Interface transactions have surpassed 20 billion in August. Data from the National Payments Corporation of India shows a rise in volume and value. Transaction amount registered a growth of 21 percent. Volume grew by 34 percent. UPI now accounts for 85 percent of India's digital transactions. It is live in seven countries, including France, marking its European entry.
Shanghai Cooperation Organization summit challenges the US but its reach is murky
Leaders from Russia, India, and eight other nations are convening in China for the Shanghai Cooperation Organization summit, signaling a potential challenge to U.S. influence on trade and regional conflicts. The expanded SCO, now with ten members, aims to enhance regional cooperation, though its specific goals remain somewhat undefined.
‘Human GPS’ Bagu Khan killed in Kashmir as three-decade run ends in Gurez gunfight
Bagu Khan, known across terror networks as the “Human GPS”, was killed in an encounter with security forces in Jammu and Kashmir’s Gurez sector. A veteran of cross-border infiltration since 1995, Khan had enabled more than 100 attempts across the Line of Control by guiding militants through treacherous mountain routes. He and another militant were shot dead under Operation Naushera Nar IV after troops challenged infiltrators. Officials say his death is a major setback for Pakistan-backed networks that relied on his knowledge of the terrain.
Poll authority notice to three lakh electors with 'doubtful citizenship'
Bihar poll authorities have flagged approximately three lakh electors as having 'doubtful citizenship' following the draft electoral rolls publication. These individuals, suspected to be from countries like Bangladesh, Nepal, Myanmar, and Afghanistan, received notices after discrepancies surfaced during document verification by electoral registration officers. The notices were predominantly issued in districts bordering Nepal and Bangladesh.
Trump’s 50% tariff shock hits India – what it means for growth, jobs, and hardest-hit sectors
Trump India Tariffs Impact: US 50% tariffs on Indian exports take effect tomorrow, targeting textiles, seafood, gems, jewellery, and leather. Analysts warn the move could threaten millions of jobs and shave 0.5% off India’s GDP.
Dilip Kumar once called her the ‘greatest actress’ he worked with. But she died alone
Nalini Jaywant, a celebrated actress of the 1950s known for her pairings with leading stars, faced a heartbreaking decline into isolation. Despite immense fame, her final years were marked by estrangement and solitude, culminating in her body being discovered days after her death. Her story serves as a poignant reminder of the fleeting nature of stardom in Indian cinema.
Healthcare stocks: Better to own a basket for a healthy portfolio? 15 healthcare stocks with an upside potential of up to 33%
Four years ago, Covid brought hospital stocks to the limelight. Since then, corporate actions like mergers and takeovers have kept them in the headlines. The high interest in the healthcare sector is due to three reasons. First, many companies have been listed in the past three years; as they are doing well post-listing, more private equity money is chasing hospital assets. Second, healthcare firms are bound to grow, because average spend on healthcare will only increase with the expansion of insurance and spending by the government. Finally, they are pure domestic plays that are not impacted by Trump, cyclical slowdowns, or inflation. So are they a fit for both long term and tactical investors?
Second senior Chinese diplomat detained for questioning, sources say
A Chinese diplomat, Sun Haiyan, was detained amid the questioning of Liu Jianchao, a potential foreign minister candidate, raising concerns about China's diplomatic circles. Sun, a former ambassador to Singapore, was taken in around the same time as Liu, whose house was also searched.
School assembly news headlines (August 13): Key headlines, quotes, and thought of the day
India observes heightened security in Jammu and Kashmir ahead of Independence Day. Lok Sabha Speaker forms committee to investigate allegations against High Court Judge. The Centre allocates 4.12 crore houses under the Pradhan Mantri Awas Yojana. Kedarnath Yatra is temporarily suspended due to bad weather. Election Commission denies special deep revision claims, providing updates from Bihar.
UP: Chinese national held for trying to enter India without travel documents
A 62-year-old Chinese national, Zhang Yong, was apprehended in the Sonauli area along the Indo-Nepal border for allegedly attempting to enter India without proper documentation. The arrest was made by the Sashastra Seema Bal (SSB) during a routine check. Yong possessed a Chinese passport but lacked the necessary Indian visa and valid travel documents.
'As desi as Tata and Maruti': Paytm is 100% Indian after Jack Ma's Ant Fin exits fintech
Paytm is now fully Indian-owned as Antfin completed its exit, selling its remaining stake. This shift follows exits by other major early backers like Alibaba and SoftBank. The company recently achieved its first profitable quarter, driven by revenue growth and new user features, marking a significant transition towards domestic control and innovation.
UPI at a crossroads? Deep unease in the informal sector as tax axe falls
India's UPI system, despite its global success, faces backlash as small vendors receive GST notices based on digital transaction data. This has led to a shift back to cash transactions, with vendors fearing tax scrutiny. Concerns rise that aggressive formalisation efforts may push the informal economy further underground, undermining the goals of financial inclusion and transparency.
Forget Tesla: 76% of cars sold in this Asian country are electric, and it's not who you think
Nepal electric vehicle boom is turning heads worldwide as the Himalayan nation quietly becomes a global leader in EV adoption. With 76% of all new cars sold now electric, Nepal’s smart use of hydroelectric power, affordable Chinese EVs, and strong government incentives have powered this dramatic shift. From slashing fuel imports to building a growing EV charging network, Nepal shows how developing countries can fast-track clean mobility. As EV sales skyrocket, Nepal’s story is setting a new standard for sustainable transport.
Stock picks of the week: 5 stocks with consistent score improvement and return potential of more than 26% in 1 year
With the headlines screaming about TCS laying off 2% of its workforce, other IT stocks are also reacting. The reality perhaps is that a part of this news was already built into the stock prices. Because, IT stocks have, quite literally, given no return in the past three years. Now, it might be too early to say this, but the fact is that history suggests that when bad news is at its peak, stocks are not far from their bottom. Meanwhile, other parts of the market continue to be in stock-specific mode, and may remain so for some time to come. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
ICC Development Awards: Nepal, Bhutan and USA are among 8 nations receiving top honours
Singapore, Nepal, and Bhutan are among the eight nations recognized at the 2024 ICC Development Awards. USA Cricket won for their team's performance, including their T20 World Cup success. Cricket Namibia was awarded for their grassroots program. Bhutan and Vanuatu jointly received the Female Cricket Initiative award. The Cricket Association of Nepal was honored for their digital fan engagement.
Minorities enjoying absolute freedom in India due to Hindu majority: Kiren Rijiju
Union Minister Kiren Rijiju states that minorities have freedom and protection in India due to the Hindu majority. He dismisses claims of minority persecution as a campaign by the Left. Rijiju highlights India's secular constitution and equal rights for all. He mentions that India provides shelter to persecuted minorities from neighboring countries.
Incorrect speed record card caused 2024 Nepal plane crash
A government-appointed panel has found that a plane crash in Nepal last year, which killed 18 people, was caused by incorrect takeoff speed information in the flight documentation. The Saurya Airlines CRJ-200LR aircraft crashed shortly after taking off from Kathmandu in July 2023. Only the captain survived.
Nepal minister resigns after bribery audio leak sparks public outrage
Nepal's Minister Rajkumar Gupta resigned amidst a bribery scandal after an audio recording surfaced, allegedly capturing him accepting a bribe for political appointments and land decisions. Facing public and political backlash, Gupta stepped down to allow for an investigation into the allegations.
Terrorists using e-commerce, crypto and social media to raise funds, FATF warns
The FATF report highlights the increasing misuse of e-commerce, social media, and online payments for terror financing, noting gaps in countries' abilities, including India, to understand and counter these trends. Terrorists are adapting by integrating digital technologies with conventional methods, using Chinese apps, crypto, and the Darknet.
World leaders express condolences to families of Air India plane crash in Ahmedabad
A tragic plane crash occurred in Ahmedabad involving an Air India flight. The flight was headed to London. Many casualties are feared. Global leaders including Ursula von der Leyen, Mohamed Muizzu, Anwar Ibrahim, and Pushpa Kamal Dahal Prachanda have conveyed their condolences. They expressed support for India during this difficult time. Relief efforts are underway.
Nepali royalists announce to break into restricted zone near parliament, call for protest in Kathmandu
Nepal’s royalist Rastriya Prajatantra Party (RPP) has announced plans to protest in restricted zones near the parliament on Sunday, demanding the restoration of the monarchy and release of its arrested leaders, Rabindra Mishra and Dhawal Shumsher Rana. The party president, Rajendra Lingden, said he is ready to face arrest, and protests are planned in all 77 districts on April 22.
No hope of survivors in Nepal bus accident, 55 still missing
Hundreds of security personnel resumed search operations early on Monday to locate the buses and 55 passengers who remained missing, over 72 hours after the accident.
Bengaluru-bound Nepal Airlines flight returns to Kathmandu after suspected bird strike
The flight took off from TIA at 1:45 pm, before being forced to return to the same airport 25 minutes later, news portal Nepal News reported. Passengers on flight RA-225 bound for Bengaluru reported hearing a loud noise, the Himalayan Times newspaper quoted TIA sources as saying.
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