Asia Nepal The country is tightening imports of cars, gold and cosmetics as its foreign exchange reserves have dwindled, after the government suspended the central bank governor and appointed his deputy as interim chief
Asia Nepal Banana prices in Kathmandu have surged due to supply shortages caused by weather damage, transport disruptions and lower production; Traders say rising demand and limited imports have further pushed up prices, affecting consumers and small retailers
Asia Nepal New members of Nepal’s National Assembly were sworn in following upper-house elections, where the Balendra Shah’s reformist Rastriya Swatantra Party won by a landslide, reshaping Nepal’s political landscape
Asia Nepal Digital payment services will be redefined under amendments to the Nepal Rastra Bank Act; The proposal would expand the central bank’s regulatory scope, raising concerns from fintech firms about compliance burdens and conflicting oversight frameworks
Asia Nepal A long-awaited Mutual Legal Assistance Treaty with India now enables cooperation in criminal investigations, evidence sharing and extradition-related procedures; The deal formalizes cross-border legal coordination after years of negotiations