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Inflation fears as Nepal banks report large withdrawals ahead of local elections Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
World Bank economist says Nepal's economy not in crisis-
World Bank economist says Nepal's economy not in crisis-
KATHMANDU, April 21 (Xinhua) -- Nepal's economy is not in crisis as feared by many amid dwindling foreign exchange reserves and ballooning current account deficit caused by surging imports and declining inflows of remittance, a senior economist from the World Bank said Thursday.
India on Friday handed over the Jaynagar-Kurtha cross-border rail link, built with its assistance, to the Nepal government, paving the way for early resumption of railway links between the two South Asian nations.Indian Ambassador to Nepal ...