Author: Himalaya Post

Terrible Economic Crisis : Will there be a ban on Rs. 500 and Rs.1000 notes?

Kusum Bhattarai, Kathmandu- Nepal is moving towards severe economic crisis along with global economic recession. If the government does not take any concrete steps immediately, then experts in the economic sector have already started pointing towards the danger that Nepal’s situation may be like Sri Lanka. Inflation reached about 12%. To check the figures till November, the revenue collection is negative by 20.7 percent. Due to the financial crisis, high interest rates and lack of cash in banks, businessmen have started committing suicide. On the one hand, the industries are collapsing and the banks are also in crisis as...

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Tourism, Aviation, and Corruption in Nepal

– Dr. BP Badal Young entrepreneur of 36 years old, from Ilam Suryoday, Prem Prasad Acharya, attempted to burn to kill himself in front of legislative federal parliament of Nepal, because of the unbearable corruption, embezzlement, graft and immorality in every section of Nepalese society in his suicide note. Tourism minister of Nepal, Sudan Kiranti, warned the staff of Nepal Airlines to initiate online ticketing within a month or if not resign from the post. There are always two sides to an event, positive and negative.  The perception of people here in Nepal is found are based on political ideology...

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India celebrated 74th Republic Day

Kathmandu – India’s 74th Republic Day has been celebrated today at the Indian Embassy in Kathmandu with various programs. Indian Ambassador to Nepal Naveen Srivastava hoisted the national flag of India and started the program organized on the occasion of Republic Day. At the event, the President of India Mrs. Draupadi Murmu’s speech was read out on behalf of the nation. In his address, President Murmu discussed the encouraging progress made by India in the economic field to achieve Gandhiji’s ideal of ‘Sarvodaya’ or ‘upliftment of all’ despite global economic uncertainty. She also mentioned that India’s presidency of the...

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Amrit Kaal of the Indian Economy

 – Dr. Bibek Debroy Recently, India celebrated 75 years of Independence.  The idea of Amritkaal extends that forward to the next twenty-five years, to 2047, when India will celebrate 100 years of Independence.  The India of 2023 is different from the India of 1947 and the India of 2047 will be different from the India of 2023 in ways few can anticipate and project today.  If one casts one’s mind back, how many would have guessed changes wrought in India in the last twenty-five years?  The world is uncertain and the long-run even more so. While the future is...

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Former PM KP Oli felicitates Choreographer Aswini

Kathmandu – Renowned fashion and pageant choreographer, Aswini Kant Jha has been felicitated at the 4th Epic Nepal Music Awards ceremony for his outstanding contributions to the modeling industry of Nepal. The award ceremony held at Dui Pokhari in Madhyapur Thimi municipality of Bhaktapur was graced by the presence of former Prime Minister of Nepal, K. P. Sharma Oli, who personally congratulated Aswini on his achievements. The chief guest of the program, former Prime Minister Oli presented the certificate of felicitation to Aswini in the presence of Basudev Thapa, mayor of Suryavinayak Municipality and Madan Sundar Shrestha, the former...

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