However, there's a notable gap between approved FDI and actual net FDI inflows in Nepal, as revealed by the latest report unveiled by Nepal Rastra Bank, the central bank of Nepal, on "FDI in Nepal, 2021-22."
While addressing the third Nepal Investment Summit, Piyush Goyal in a video message stated that Nepal and India have a strong bond and India always has been a trustworthy friend in development.
The Nepal cabinet on Friday recommended President Ram Chandra Paudel to prorogue the ongoing winter session of the lower House past Sunday midnight. The decision by the cabinet comes ahead of the Nepal Investment Summit, which is set to be held at the end of this month.
The Ambassador of Nepal to India, Shankar Prasad Sharma, has called for Indian business community to consider investing in Nepal, and added that New Delhi is the number one place to promote investing in in the Himalayan nation.
Kathmandu [Nepal], July 12 (ANI): Nepal Investment Board has said it has signed a pact with India's state-owned SJVN Ltd to develop the 679-megawatt (MW) Lower Arun Hydro Electric Project in eastern Nepal.
Kathmandu [Nepal], Mar 30 (ANI): Three banks, including the State Bank of India (SBI), committed over Rs 7,800 crore as a loan for Nepal's biggest hydropower project, during the two-day Nepal Investment Summit which concluded here on Saturday.
New Delhi [India], Mar 3 (ANI): Union Finance Minister Arun Jaitley, who is attending the Nepal Investment Summit 2017 at Kathmandu, has stated that New Delhi is Kathmandu's largest partner in trade and investment with more than two-third of the country's trade being with India, ac