In New Delhi, on April 1, the Parliament passed amendments to the insolvency law to expedite the resolution of struggling companies and reduce the backlog of cases. Finance Minister Nirmala Sitharaman emphasized that the goal is not to liquidate companies, but to help them operate with...
New Delhi, March 24 – The Central Committee of Nepal’s Rastriya Swatantra Party (RSP), which won the general election on March 5, is scheduled to meet on Thursday afternoon to elect its Parliamentary Party leader, according to reports from Kathmandu.The party is likely to nominate the...
anti-corruption
balendra shah
climate change
economicrecovery
fiscal discipline
gen z protests
india-china relations
infrastructure development
job creation
kathmandu
nepal
parliamentary party leader
public sector reform
rabi lamichhane
rastriya swatantra party
Seoul, March 12 – South Korean President Lee Jae Myung instructed his aides on Thursday to quickly prepare an additional budget to help stabilize people's livelihoods and promote economic recovery, as the nation's economy braces for the impact of escalating conflict in the Middle East.Lee made...
agricultural subsidies
economic policy
economicrecoveryeconomic stability
fiscal policy
fuel subsidies
government response
investment pledge
middle east conflict
national assembly
president lee jae myung
public utility fees
south korea
supplementary budget
united states
March 10, New Delhi – India’s UN Ambassador, P. Harish, addressed the United Nations Security Council on the situation in Afghanistan.He strongly criticized what he termed “trade and transit terrorism,” making a veiled reference to Pakistan, and urged the international community to protect the...
afghanistan
afghanistan economy
diplomacy
economic coercion
economicrecovery
international relations
landlocked countries
new delhi
p. harish
pakistan
security council
trade
transit
un ambassador
united nations security council
February 27, New Delhi – The International Monetary Fund (IMF) has approved a $8.1 billion, four-year loan for Ukraine, of which $1.5 billion would be immediately disbursed.The new loan will help Kyiv maintain economic stability and ensure continued public spending.Ukraine's Prime Minister...
balance of payments
budget shortfall
economicrecoveryeconomic stability
european union
financial assistance
international monetary fund
kristalina georgieva
kyiv
loan
public spending
reconstruction
ukraine
yulia svyrydenko
Colombo, Feb 23 Indian tourists visiting Sri Lanka have steadily increased over the past three years, further solidifying India's position as the largest source of foreign visitors.While Indian tourists accounted for 17 per cent of total arrivals in 2022, their share rose to 22.5 per cent in...
Colombo, February 14 The International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, will visit Sri Lanka for two days, starting from February 16, the global lender announced.This will be her first visit to the island nation since Sri Lanka entered an IMF bailout in March 2023...
cyclone ditwah
economic crisis
economicrecovery
financial assistance
government reform
imf bailout
international monetary fund
island nations
kristalina georgieva
national people's power
ranil wickremesinghe
rapid finance program
recovery financing
sovereign default
sri lanka
Dhaka, February 13 Tarique Rahman, who lived in London in self-exile for 17 years, has emerged as the new face of Bangladesh, with the party founded by his father set to return to power after a 20-year gap.The 60-year-old leader's Bangladesh Nationalist Party (BNP) has won 209 out of 297...