In a significant step toward climate resilience, VisionFund International (VFI) and IBISA have launched ClimaCash+, an innovative parametric insurance product designed to support low-income communities facing climate-related disasters. Piloted in Kenya in 2024, ClimaCash+ aims to provide fast, simple,...

The skies over Nepal have turned grey earlier than expected this year. The familiar rhythm of monsoon showers has arrived ahead of schedule, prompting concern rather than relief. According to a regional consensus among South Asian meteorologists, Nepal is...

Kathmandu – For over two decades, Bikash Pathak has been a dedicated figure in Nepal’s life insurance landscape, emerging as a trusted protector for thousands across eastern Nepal. Balancing his responsibilities as a grocery store owner and a devoted...

For decades, Nepal has told its citizens that health is a right. But for millions silently grappling with anxiety, depression, schizophrenia, and other mental health conditions, that promise has often rung hollow. Now, a landmark Supreme Court ruling is...

As global economies wrestle with inflation, rising debt, and widening inequality, the World Bank’s Spring Meetings 2025 have made one thing clear: job creation isn’t just a development goal—it’s the cornerstone of sustainable recovery. With an overarching theme centered...

The World Bank has slashed South Asia’s growth forecast for 2025, warning that the region’s fragile fiscal condition leaves it ill-prepared to absorb future shocks. In its latest South Asia Development Update released today, the Bank projects regional growth...

Kathmandu – Despite over five decades of insurance practices in Nepal, the country continues to rely heavily on foreign expertise for actuarial valuations, raising concerns over financial sovereignty, data privacy, and regulatory efficiency. Almost 98 percent of actuarial valuations...

Kathmandu – As Nepal’s streets hum with the quiet promise of electric vehicles (EVs), another shift is gaining traction beneath the surface — one that’s less visible but equally vital. The rise of EV insurance is quietly rewriting the...

Kathmandu – Since April 2, 2025, Kathmandu has become an epicenter of significant movement as thousands of teachers from across the country have gathered in the capital, abandoning their schools to demand one thing: the immediate passage of the...

After being surrounded by a thick layer of pollution, Kathmandu’s sky finally opened up—not just with much-needed rain, but with the sighs of a city that had been gasping for breath. After being ranked among the most polluted places...