Try GOLD - Free

INDIA COMMITS $75M AID TO NEPAL FOR RECONSTRUCTION EFFORTS IN EARTHQUAKE-HIT AREAS: EAM JAISHANKAR

The Business Guardian

|

January 06, 2024

On Friday, External Affairs Minister S.

INDIA COMMITS $75M AID TO NEPAL FOR RECONSTRUCTION EFFORTS IN EARTHQUAKE-HIT AREAS: EAM JAISHANKAR

Jaishankar announced that India would provide a financial package of USD 75 million for the reconstruction of infrastructure in the districts of Nepal affected by last year's earthquake.

Jaishankar's remarks came as he jointly inaugurated with his Nepalese counterpart N.P. Saud the Tribhuvan University Central Library and other reconstruction projects undertaken in Kathmandu after the 2015 earthquake in Nepal.

Jaishankar arrived in Nepal on Thursday on his first visit to a foreign country in 2024.

Speaking at the event, Jaishankar said he was happy to celebrate the inauguration of this newly constructed Central Library of the prestigious Tribhuvan University, as well as 25 schools, 32 health projects, and a cultural heritage sector project, which were undertaken as part of a collaborative effort to support the people of Nepal in the aftermath of the devastating earthquake of 2015.

Jaishankar said India was also saddened to learn of the casualties and devastation caused by the earthquake that struck the western parts of Nepal in November last year.

A 5.7-magnitude earthquake struck Jajarkot District in Nepal on November 3, 2023, killing over 150 people and injuring nearly 400. The earthquake was the deadliest to strike the country since 2015.

Prime Minister Narendra Modi had expressed solidarity with the people and leadership of Nepal and had committed to extend all possible assistance,» he said.

MORE STORIES FROM The Business Guardian

The Business Guardian

The Business Guardian

Nearly half of Indian enterprises now running multiple GenAI use cases

Nearly half of Indian enterprises (47 per cent) now have multiple Generative AI (GenAI) use cases live while 23 per cent are in pilot stage, marking a decisive shift from pilots to performance, as per a latest EY-CII report.

time to read

1 mins

November 17, 2025

The Business Guardian

The Business Guardian

3 dead, 9 workers still trapped in UP mine collapse

Three workers were found dead after a stone mine collapsed at Billi Markundi in Uttar Pradesh's Sonbhadra on Saturday. While two of the deceased were found on Sunday, one was confirmed dead on the day of the incident itself.

time to read

2 mins

November 17, 2025

The Business Guardian

The Business Guardian

Rupee bottomed out after being worst EM performer in 2025

India’s currency rupee, may finally have bottomed out after a persistent weakness, according to Jefferies. In its latest GREED & fear report, the global financial services firm highlighted a “growing likelihood that the rupee has bottomed” following its months-long depreciation.

time to read

1 mins

November 17, 2025

The Business Guardian

The Business Guardian

Industry must invest in consent, embed data protection

The industry must now prioritise investments in consent, embedding data protection as a core element of digital operations rather than treating it as an expense, said experts in reaction to the government’s notification of the Digital Personal Data Protection Act, a move seen as a decisive shift toward a “Trust Economy.”

time to read

2 mins

November 17, 2025

The Business Guardian

The Business Guardian

INDIA'S FOREX RESERVES DROP FURTHER

The RBI data showed that gold reserves currently stand at USD 101.531 billion, down USD 195 million from the previous week.

time to read

2 mins

November 17, 2025

The Business Guardian

The Business Guardian

India’s retail market set for $1 trillion leap by 2030

India’s consumption story is entering a transformative decade, with the retail market on track to reach USD 1 trillion by 2030, driven by rising disposable incomes, rapid digital adoption and a widening aspirational class, according to a recent report by venture capital firm, Fireside Ventures.

time to read

1 mins

November 17, 2025

The Business Guardian

The Business Guardian

HARDEEP SINGH PURI VISITS HANWHA OCEAN'S SHIPBUILDING FACILITY IN SOUTH KOREA

Hardeep Singh Puri, Minister of Petroleum and Natural Gas, visited the sprawling shipbuilding facility of Hanwha Ocean in Geoje, South Korea.

time to read

1 mins

November 17, 2025

The Business Guardian

The Business Guardian

Union Minister Jitin Prasada Inaugurates 'Ramalaya' Experience

In a landmark moment celebrating India’s cultural heritage and luxury craftsmanship, the Ramalaya Experience Centre at the Uttar Pradesh Pavilion was inaugurated today by Shrijitin Prasada, Union Minister of State for Commerce & Industry, in the distinguished presence of Shri Durga Shanker Mishra, Former Chief Secretary, Government of Uttar Pradesh.

time to read

1 min

November 17, 2025

The Business Guardian

The Business Guardian

HOW CM BHAJAN LAL SHARMA USING A CEO-STYLE PLAYBOOK TO REPOSITION RAJASTHAN AS NEW INVESTMENT HUB

For the majority of Indians, Rajasthan conjures up pictures of havelis illuminated by desert sunsets, forts rising out of golden plains, and gemstone marketplaces in ancient quarters.

time to read

4 mins

November 17, 2025

The Business Guardian

The Business Guardian

FROM LITERACY TO LIVELIHOODS: TESTING KERALA’S CLAIM OF ‘ERADICATING EXTREME POVERTY’

On 1 November 2025, Kerala's Chief Minister Pinarayi Vijayan stood in a special session of the Legislative Assembly and declared that his state had rid itself of extreme poverty.

time to read

8 mins

November 17, 2025

Translate

Share

-
+

Change font size