Author: Himalaya Post

Prime Commercial Bank Tie-up with CellPay

Prime Commercial Bank Limited has partnered with CellPay, a NRB Licensed payment service provider, to promote digital payment services in Nepal to all its customers. The partnership agreement has been signed between the bank’s Deputy General Manager Bhai Raja Tuladhar and Managing Director of Cellcom Pvt Ltd, Pawan Pradhan. Customers of Prime Commercial Bank will get Rs. 100 mobile recharge top-up once they link their bank account with CellPay app along with attractive loyalty points while paying bills through CellPay.Cellcom Pvt. Ltd. a NRB Licensed payment service provider, offers digital payment and fund transfer services through bank account linked with Cellpay which can be easily used with both of its Mobile and web application. For making the payment service secured and reliable CellPay have been developed using various International security standards. The payment service from the CellPay is done in Real time. Customers will also be able to transfer fund to any other bank partnered with CellPay through the mobile number registered in Prime Commerical Bank Account. Customers will be able to enjoy various payment services at the locations where there are CellPay services, along with mobile top-up, electricity bill, drinking water bill, internet bill, Cable bill and different other bills payments through CellPay app. Prime Commercial bank was established in 2007 A.D and have been serving its customer through 99 branches and 54 ATMs....

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India’s support to construct 11 Earthquake Affected Cultural Heritage Sites in Nepal

On 12December 2019, the Embassy of India, Kathmandu signed an Agreement with the Indian National Trust for Art and Cultural Heritage (INTACH), India for Post-Earthquake reconstruction of 11 Cultural Heritage sites in Nepal. The Agreement was signed by Dr. Ajay Kumar, Deputy Chief of Mission, Embassy of India, Kathmandu, on behalf of the Government of India, and by Dr. C.T. Mishra, Member Secretary,INTACH. Senior officials from the National Reconstruction Authority (NRA) of Nepal and Manjeev Singh Puri, Ambassador of India to Nepal graced the occasion. The INTACH will provide Design and Project Management Consultancy services for reconstruction of 11 Cultural Heritage sites in four districts (Kathmandu, Lalitpur, Bhaktapur and Solukhumbhu). The INTACH will work with the Department of Archeology (DoA) of the Ministry of Culture, Tourism and Civil Aviation, Nepal to reconstruct/conserve Cultural Heritage sites as per the Government of Nepal’s guidelines on reconstruction of Cultural Heritage Sites. The INTACH is one of the largest heritage organizations of the world with over 190 chapters across India.INTACH was awarded with a special consultative status for United Nations Economic and Social Council in 2007.    ...

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Kendriya Vidyalaya : 46th Annual Day Celebration

Kendriya Vidyalaya, Embassy of India Kathmandu celebrated its 46th Annual Day on 05th Dec 2019. The spectacular cultural event, organized at Nepal Academy Hall, Kamaladi, Kathmandu, was graced by His Excellency Shri Manjeev Singh Puri, Ambassador of India to Nepal, as the Chief Guest. Lighting of the Ceremonial Lamp marked the auspicious beginning to the colorful extravaganza. The Principal In-Charge expressed deep gratitude to the Chief Guest and all other guests who envisaged and steered the vidyalaya on the path of spectacular success. The colourful programme comprised of some scintillating dance performances, vocal recitals, educative skit and instrumental music played by the School Band. His Excellency Shri. Manjeev Singh Puri, who felicitated the students and teachers for excellence in scholastic and co-scholastic spheres, said he was greatly impressed with the progress of the vidyalaya on all fronts. He congratulated KV KTM team for their concerted efforts which manifested in the vidyalaya reaching unprecedented heights as a centre of quality education as well as its pivotal role in fostering and reinforcing Indo – Nepal Ties. To conclude the cultural bonanza, a power-packed Rangilo Dance was performed by the students which set the stage ablaze. A Vote of Thanks was proposed to bring an official end to the programme followed by Nepali and Indian National Anthem sung in...

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NPR 6.96 billion support from India to Nepal for house reconstruction

On13th November2019, EXIM Bank of India, on behalf of Government of India,  released NPR 3.10billion (approx. USD 27.9 million) to Government of Nepalfrom concessional Line of Credit towards reimbursement of 3rdtrancheof housing reconstruction in Nuwakot and Gorkha districts. USD 50 million from Line of Credit was pledged to support reconstruction of 50,000 private houses in Nuwakot and Gorkha districts in Nepal. In addition, India committed USD 100 million as grant for supporting these houses. So far, India has reimbursed NPR 6.96 billion (approx USD 69.6 million) towards reimbursement of first and second tranches to home owners. The support by Government of India also includes provision of Socio-Technical Facilitation to the home owners to encourage them to rebuild their homes as per the Government of Nepal’s earthquake resilient norms. Government of India remains committed to continue supporting the people and Government of Nepal for completion of post-earthquake reconstruction projects in Nepal.  ...

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Nepali Officers start their training in India on Anti Money Laundering and Countering Financing of Terrorism

The third group of 21 officers of the Government of Nepal have started their 6 day training on ‘Anti-Money Laundering and Countering Financing of Terrorism’ at the National Academy of Customs, Indirect Taxes and Narcotics (NACIN), Faridabad on 2 December 2019. This is a special tailor-made course designed at the request of Government of Nepal for a total of 60 officers. It is an example of Government of India’s commitment to enhance the capacities of various agencies of the Government of Nepal. The course is fully supported by the Government of India under the Ministry of External Affairs’ Indian Technical and Economic Cooperation (ITEC) Programme. The training will enhance the capabilities of participating officers to effectively deal with the matters pertaining to Anti-Money Laundering and Countering Financing of Terrorism. Two batches of Nepali officers had already successfully completed their training modules in India. The NACIN is a premier training institute of Government of India in the field of financial investigations and anti-money laundering matters with state-of-the-art learning facilities. It is an accredited Regional Training Centre of World Customs Organization for Asia/Pacific Region and also works in collaboration with other international organizations like UNEP, UNODC, SASEC,...

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