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Why it's a good thing that RBI's swap facility for overseas-Indian deposits is closing early

New Delhi, Aug. 18 -- Last week, the Reserve Bank of India (RBI) declared that its special forex swap facility for Foreign Currency Non-Resident (FCNR-B) deposits with banks would close on 31 August, ... Read More


Crude oil climbs for third straight day as US signals no immediate end to Iran war; Brent above $90 per barrel

US-Iran war, Aug. 18 -- Oil prices advanced on Tuesday as hopes of a deal to end the Middle East conflict weakened, with Iran signalling a more aggressive approach and the US ruling out an extension o... Read More


Trump honours teen lifeguard who risked life saving 10-year-old, jokes to rescued boy: 'I don't know if I'd do it...'

New Delhi, Aug. 18 -- A 16-year-old lifeguard who battled powerful waves to save a 10-year-old boy off the California coast has been honoured at the White House, where he met US President Donald Trump... Read More


Exhibit review: When an oral story becomes a painting

Kathmandu, Aug. 18 -- Artist Bivas Rai's solo exhibition 'Myth & Memory' will open at Siddhartha Art Gallery, Baber Mahal Revisited, on August 28. Presented by the Australian Himalayan Foundation (AH... Read More


From Gift Nifty to Kospi rally, crude oil prices: 6 key things that changed for Indian stock market overnight

New Delhi, Aug. 18 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a negative note on Tuesday, 18 August. Asian markets traded largely lower on Tuesday, meanw... Read More


Nepal's revived Industrial Security Force must ensure business protection

Nepal, Aug. 18 -- The private sector has long served as the primary engine of the Nepali economy, generating approximately 86 percent of jobs and contributing roughly 81.55 percent to the national out... Read More


How a private non-profit is fueling India's sports medal tally

New Delhi, Aug. 18 -- During his Independence Day address, Prime Minister Narendra Modi expressed India's desire to host the 2036 Olympics in Ahmedabad, for which the country has already submitted a l... Read More


Mint Quick Edit | The US-Iran memo may be irrelevant but the future of this chokepoint is not

New Delhi, Aug. 18 -- With mutual strikes continuing and both the US and Iran having declared the unceremonious binning of their June memo on an interim truce, it's effectively inconsequential whether... Read More


Mental wellbeing: When a parent goes abroad for work, children can feel a loss that has no end

Kathmandu, Aug. 18 -- When a parent migrates for work, they leave behind fragments of their presence, which, for a child, are never quite enough to make up a whole person. As parents' migration for w... Read More


Nepalis around the world step in to cover footballer Aashish Rai's medical bills

Kathmandu, Aug. 18 -- It took footballer Aashish Rai over a year of silent suffering to finally speak out. His injury was mishandled from the outset; he was mistreated during rehabilitation; and the A... Read More