Saturday, April 15, 2006

Roundup of Economic & Business News April 9 - April 15)

Between global economic giants, Nepal is a misery
DNA World
April 14, 2006
KATHMANDU: Nepal probably is a unique economic story. Caught between two of world’s fastest growing economies China and India, the Himalayan Kingdom is a tale of missed chances and miserable growth. What a senior western diplomat in the Nepal capital calls a “sorry state of affairs.” (more...)



NRI tries to fleece Nepal King
Indian Abroad
April 13, 2006
The cash-strapped Nepal government is becoming the target of overseas conmen.

A dubious Britain-based organisation, headed by a Non-Resident Indian (NRI), is trying to snare the royalist government by offering to lend high sums of money at ridiculously low interest rates. (more...)

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