The country’s debt is estimated to surge by 12 percent to finance the fiscal gap and hydropower loans in this fiscal year 2024-25, the finance ministry has estimated. In absolute figures, the debt is estimated debt at Nu 319.07 billion compared with the previous fiscal year’s debt of Nu 285.18 billion. In terms of the […]
Read MoreAs the world is headed to a warmer climate with rising temperatures due to global warming, Bhutan is also experiencing warmer winters. After the drop at 14.1°C in 2018, the average temperature during October, November, and December (OND) has steadily increased by an average of 0.3°C. This trend aligns with findings from the Climate Change […]
Read MoreNepal Finance Minister Bishnu Prasad Paudel claimed that the country’s economy was moving towards improvement in comparison to the past with the reform efforts yielding results. The economic indicators have shown gradual improvement of country’s economy, Minister Paudel said at a press meet and interaction organized here today by the Finance Ministry. “We have not […]
Read MoreSouth Korea’s impeached president on Saturday argued for his release before a Seoul judge as the court reviewed whether to grant a law enforcement request for his formal arrest. Yoon, who has been in detention since he was apprehended on Wednesday in a massive law enforcement operation at his residence, faces potential rebellion charges linked […]
Read MoreSoutheast Asian foreign ministers told Myanmar’s junta to prioritise a ceasefire in its civil war over fresh elections during a meeting in Malaysia on Sunday. The Myanmar military seized power in February 2021, making unsubstantiated claims of massive electoral fraud in 2020 polls won resoundingly by the Nobel laureate Aung San Suu Kyi’s National League […]
Read MoreTwelve Indians have lost their lives fighting for Russia at the hands of Ukrainian troops. Another 16 are missing. The Indian Ministry of External Affairs announced this information on Friday. It said that a total of 126 Indians had joined the Russian army against Ukraine. Earlier this week, India said that the issue of its […]
Read MoreSamar Khan of Pakistan has reached a unique height. This fearless mountaineer has taken another record in her pocket. She has climbed the highest mountain peak in South America, Aconcagua. The 6,961-meter-high Aconcagua is located in Argentina. The Express Tribune reports. Pakistani media says that this mountaineering was a dream for Samar. It reflects her […]
Read MoreIn recent months, Foxconn factories across China have seen mass layoffs and resignations. Workers have been seen leaving their workplaces with their luggage and families in long lines, the Financial Post reported. Videos circulating online show distressed workers standing in line from morning to noon, talking about their problems. A large crowd of employees was […]
Read MoreIn India, there is a “conducive quickening” of high-frequency economic activity indicators in the second half of 2024-25, signalling implicit pick up in real gross domestic product growth for this period, the Reserve Bank of India said. India’s economic growth is poised to rebound as domestic demand regains strength, but “stickiness” in food inflation warrants […]
Read MorePrime Minister Paetongtarn Shinawatra’s rise to power is relatively premature considering her age and political experience. However, her nomination as one of the Pheu Thai Party’s three prime ministerial candidates suggested she was ready to take on the role. The growing popularity of the People’s Party (PP) played a significant role in the party’s decision to support her […]
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