Internet disruption in Nepal as Indian firm cuts services
Airtel, India’s leading vendor, halted services for around 5 hours over outstanding payments by Nepali private ISPs.
Airtel, India’s leading vendor, halted services for around 5 hours over outstanding payments by Nepali private ISPs.
Industry insiders say it takes years for infringement settlement because the Department of Industry, which handles the cases, is not a fully judicial body.
Pathao expanded services to 18 cities starting April 13, after six years since it began services in Kathmandu.
Structural issues, regulatory ambiguities and political uncertainty have prevented big foreign investment in Nepal, says British envoy.
But the limit does not apply for payments to be made for services in hotels, hospitals and chemist shops in India.
As the two nations sit for commerce secretary-level talks, long overdue bilateral trade agreement is off the agenda.
Remittances, the biggest source of foreign currency, could take a hit along with trade and tourism, experts warn.
Tens of thousands of people turned to online shopping. Now a trust deficit has reversed the trend.
The state-owned Dairy Development Corporation says it will clear Rs370 million in dues to the farmers by this week.
Traders attribute high food costs to upcoming India elections, as neighbour slashes rates.
Each year, about 900,000 Nepali youths leave the country as migrant workers and students. The figure reflects that the quality and quantity of jobs created in Nepal do not meet the needs and aspirations of the youth.
The global lender says the country will grow by 3.3 percent this fiscal year, nearly half the government’s projection.
The generalised system of preferences expired in 2021. However, Nepali exports to US continue to claim benefits.
Until mid-March, the export of orthodox tea to China jumped 88.31 percent. Insiders say the opening of Chinese market to Nepali tea is significant.
Historical losses due to earthquakes, floods, and landslides in Nepal are significant.