Kathmandu – Questions have been raised about the effectiveness of the Nepal Insurance Authority’s regulatory oversight after it failed to address the leadership vacuum in several insurance companies whose top executives have been suspended amid ongoing investigations. On June...

Kathmandu – Nepal’s life insurance industry continued its upward momentum in the current fiscal year, with renewal premium collections rising by 11.63 percent as of mid-June, according to the latest business statistics released by the Nepal Insurance Authority. Life...

Kathmandu – Nepal’s life insurance companies recorded a 26.31 percent increase in first-year premium income as of mid-June of the fiscal year 2025/26 (2082/83), according to data released by the Nepal Insurance Authority. The country’s 14 life insurers generated...

Kathmandu – Life insurance companies operating in Nepal earned a total insurance premium of NPR 173.50 billion during the first eleven months of fiscal year 2025/26, according to data published by the Nepal Insurance Authority. According to the data,...

Kathmandu – The government has decided to remove landless squatters currently living in temporary holding centers. Authorities have instructed residents to vacate the facilities after receiving the support and benefits promised by the government. Many of the families had...

South Asia — Growing disputes over shared rivers are raising concerns about regional stability across South Asia, with water increasingly becoming a strategic and political issue rather than a purely environmental one. Recently, Pakistan accused India of “weaponizing water”...

Dhaka — Bangladesh has approved the first phase of the $2.8 billion Barrage project to be built in a Padma river to tackle dry-season water shortages and rising salinity near the country’s southwest border. The project is expected to...

New Delhi — Tata Electronics is probing a cybersecurity breach after a ransomware-linked group allegedly published a vast cache of internal company data, including documents purportedly connected to key clients Apple and Tesla. The company confirmed that it recently...

Kathmandu – Nepal has once again come under heightened international financial scrutiny. The Financial Action Task Force (FATF), the global intergovernmental body responsible for setting standards to combat money laundering and terrorist financing, has decided to keep Nepal on...

Kathmandu – IME Life Insurance Company Limited has received an upgraded credit rating. CARE Ratings Nepal Limited has raised the company’s issuer rating from ‘BBB+’ to ‘A-’, indicating that the insurer is considered adequately safe in meeting its financial...