Country’s economy is getting vibrant: Nepal FM Paudel

Deputy Prime Minister and Minister for Finance, Bishnu Prasad Paudel, has asserted that the country’s economy was improving gradually following the government efforts. Congratulating and extending best wishes to the newly-elected executive committee of Nepalese Association of Financial Journalists (NAFIJ) on Monday, Finance Minister Paudel mentioned that the country’s economic indicators at present are positive. […]

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Turkmenistan, Afghanistan Agree on Accelerating TAPI Project

Amir Khan Muttaqi, the acting Minister of Foreign Affairs, traveled to the shared border between Afghanistan and Turkmenistan to assess the progress of the TAPI project. Hafiz Zia Ahmad Takal, deputy spokesman for the Ministry of Foreign Affairs, stated that Amir Khan Muttaqi and the Turkmenistan Foreign Minister inspected the progress of the TAPI project […]

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EU Allocates €19.8M for Economic Empowerment in Afghanistan

The European Union (EU) in Afghanistan announced that it has allocated €19.8 million to the Aga Khan Foundation and Aga Khan Cultural Services to implement the “Economic Resilience, Women’s Economic Empowerment, and Job Creation in Afghanistan” initiative.  According to the EU, this project, with a total value of €22 million, aims to address the immediate […]

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Modi assures India’s continued economic support for Sri Lanka

President Anura Kumara Dissanayake has extended an invitation to Indian Prime Minister Narendra Modi to visit Sri Lanka, during the joint media briefing held in New Delhi this afternoon (16). Meanwhile, he also stated that PM Modi had assured continued economic support for Sri Lanka. During the meeting, the Sri Lankan leader assured that the […]

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India must do more to tax its super-rich: France’s Piketty

The writer of the best-selling book “Capital in the 21st Century” called on India to follow through on a July pledge by finance ministers from the Group of 20 major economies to cooperate on effectively taxing the world’s largest fortunes. India should do more to tax its super-rich given its high levels of inequality, French […]

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Switzerland cancels ‘most favoured nation’ status to India over Nestle ruling

This means that from January 1, dividends of Indian entities will be taxed at 10% in Switzerland. Dividends of Indian entities will be taxed at 10% in Switzerland from January 1 as the European nation has suspended the most favoured nation (MFN) clause in its Double Taxation Avoidance Agreement (DTAA) with India. In a December […]

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The Indian researcher reviving ‘Palmyraculture’ in Bangladesh

In 2023, Dr Mosae founded the Green Bangle Movement (GBM), a joint reforestation initiative involving Bangladesh government that aims to plant 10,000 Palmyra palms and 20,000 mangroves along the coasts of Sitakunda upazila (sub-district) in Chittagong. Upon his arrival in Chittagong, a south-eastern coastal city in Bangladesh, all the way from India’s Chennai in mid-2019, […]

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Assam Chief Minister Joins Bhutan’s National Day Celebration

By Rinzin Wangchuk THIMPHU, Bhutan — For the first time, the Chief Minister of Assam, Himanta Biswa Sarma, is attending Bhutan’s National Day celebrations as a state guest. The 117th National Day, commemorating the coronation of Bhutan’s first king in 1907, will be marked with grand festivities at Changlimithang Stadium in Thimphu on December 17. […]

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Maldives records 1.9 million tourist arrivals so far this year

Tourism Ministry statistics show that Maldives has recorded 1.9 million tourist arrivals for far this year. This is an increase compared to the previous two years. In this regard, Maldives recorded 1.6 million tourist arrivals in the entirety of 2022 and 1.8 million tourist arrivals in the entirety of 2023. As the tourism peak season […]

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Uzbekistan aims for $700M in auto exports and increased localization in 2025

On December 5, President Shavkat Mirziyoyev reviewed a presentation outlining key priorities for the automotive industry ahead of 2025. The discussion, which built on instructions given last month, emphasized enhancing production capacity and improving vehicle quality. With over 400,000 vehicles sold annually, the automotive sector is poised for continued growth, driven by increasing consumer incomes. […]

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