Parliament, on Thursday, has passed the foreign currency bill that provides the discretion to tourist establishments to exchange 20 percent of the monthly revenue if finances are low. The foreign currency bill gives tourist establishments choice between exchanging USD 500 per tourist as currently required or exchanging 20 percent of the monthly revenue. The government-backed […]
Read MoreThe addition of the modern twin-engine turboprop aircraft to the Sri Lanka Air Force will play a crucial role in strengthening Sri Lanka’s efforts to combat maritime threats, including drug trafficking and human smuggling, while also supporting disaster relief in the country and search operations in the Indian Ocean. The Australian government officially handed over […]
Read MoreBusinesses along the Gyelpozhing-Nganglam highway are struggling to survive as traffic has significantly decreased following the collapse of a bailey bridge over Drangmechhu at the Kuri-Gongri confluence in Mongar twice last year. A new bridge was constructed and opened to traffic on March 27 this year. However, many people remain wary of using the bridge […]
Read MoreIndian troops shot dead seven Maoist rebels in a fierce gun battle on Thursday, as security forces step up efforts to crush the long-running armed conflict. More than 10,000 people have died in the decades-long insurgency waged by the Naxalite movement, as the Maoist insurgents are known, who say they are fighting for the rights […]
Read MoreKathmandu Valley experienced its coldest day of the year today (Friday). Meteorologist Binu Maharjan from the Weather Forecasting Division reported that the minimum temperature in the Valley was 3.4 degrees Celsius, recorded at 5:45 am. This is the lowest minimum temperature recorded in Kathmandu Valley this year, surpassing the previous low of 3.9 degrees Celsius. […]
Read MoreIndia-Bangladesh relations have been strained since the fall of Sheikh Hasina’s government. Tensions are rising between the two countries. In this situation, India has announced the deployment of anti-drone units on the Bangladesh border. At the same time, the country has taken this step on the Pakistan border as well. India will deploy anti-drone units […]
Read MoreIndian industrial group Adani has sought special concessions from the government to sell some of the electricity generated at its Godda Power Plant in Jharkhand. The BJP government led by Narendra Modi has been asked for special concessions in India as Bangladesh has not paid its dues properly. Indian media outlet The Hindu Business Line […]
Read MoreThe Maldives, famous for its turquoise waters, luxurious overwater villas, and pristine white sandy beaches, remains a dream destination for countless travelers. However, if you’re planning a visit there soon, you may need to save up a little more. Due to recent changes made to multiple tourist taxes, the cost of visiting the South Asian […]
Read MoreBhutan, the tiny kingdom that introduced Gross National Happiness to the world, has a problem: young people are leaving the country in record numbers. The country boasts free health care, free education, a rising life expectancy and an economy that’s grown over the last 30 years — still, people are leaving. Prime Minister Tshering Tobgay […]
Read MoreThe Indian rupee weakened to its all-time low on Tuesday as traders reacted to the appointment of career bureaucrat Sanjay Malhotra as the next Reserve Bank of India (RBI) governor by ramping up bets on rate cuts by the central bank next year. The rupee hit a low of 84.8575 against the US dollar before […]
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