Power of self belief

Power of self belief "Stay informed with the latest breaking news, in-depth analysis, and exclusive stories from around the world. Follow us for real-time news that matters to you.

Your trusted source for unbiased reporting, live updates, and expert insights.

Please feel free to contact me if you would like to adopt a dog virtually through small monthly donations,or y...
08/04/2025


Please feel free to contact me if you would like to adopt a dog virtually through small monthly donations,or you can make a one time donation, you can also help us by supplying medicines or food to our rescue centre..
For more info please contact me or visit our page "Alina's Animals Preservation Nepal"

29/12/2024

Here are some of the latest updates from Nepal today:

1. **Political Developments**: The political landscape in Nepal is heating up as parties gear up for the upcoming elections. There are ongoing discussions about electoral reforms and the role of the Election Commission.
2. **Economic News**: Nepal's economy is showing signs of recovery with an increase in tourism and remittances. The government is also focusing on infrastructure development to boost economic growth.
3. **Social Issues**: There have been protests in various parts of the country over issues related to social justice and equality. Activists are demanding more inclusive policies and better representation for marginalized communities.

This overview highlights the dynamic and evolving nature of Nepal's current affairs, affecting various aspects of the nation's socio-political and economic landscape.
Refrence:
ThePrint Nepali Times

26/12/2024

**Summary of Latest News and Its Impact on Nepal's Economy**

1. **Hot Air Balloon Festival in Pokhara**: Nepal recently hosted its first hot air balloon festival in Pokhara, attracting participants from over 10 countries. This event is expected to boost tourism, creating new opportunities for adventure tourism and generating revenue for local businesses.

2. **India-Nepal Economic Partnership Summit**: The summit held in Chitwan aimed to strengthen economic ties between India and Nepal. Discussions focused on enhancing bilateral trade, promoting industrial development, and improving border area development. This collaboration is anticipated to boost economic growth and create new business opportunities in the region.

3. **Fintech Ecosystem and Digital Literacy**: Nepal's fintech ecosystem is growing, with platforms like eSewa, Khalti, and IME Pay becoming increasingly popular. However, digital literacy remains a challenge, especially in rural areas. Improving digital literacy is crucial for fostering financial inclusion and driving economic growth.

4. **Economic Rebound**: The World Bank projects Nepal's economy to grow by 3.9% in FY24, driven by a rebound in tourism and increased hydropower production. However, risks such as erratic monsoons and high inflation could impact this growth. The easing of monetary policy and rate cuts are expected to support private sector credit growth and economic recovery.

These developments highlight both opportunities and challenges for Nepal's economy. The focus on sustainable practices and tourism could drive growth, while environmental and economic policies will need careful balancing to ensure long-term benefits.

**Reference:**
World Bank. (2024). *Nepal Development Update (October 2024)*. Retrieved from [World Bank](https://www.worldbank.org/en/country/nepal/publication/nepaldevelopmentupdate).

26/12/2024

Recent global events include:

Russia-Ukraine Conflict: Russia launched major missile and drone attacks on Ukraine's energy infrastructure, leading to widespread power outages. Ukrainian President Zelensky condemned the attacks as 'inhumane'.

South Korea Political Crisis: South Korea's opposition party filed a motion to impeach acting President Han Duck-soo, escalating a constitutional crisis linked to martial law.

Azerbaijan Airlines Crash: A Russia-bound passenger plane from Azerbaijan Airlines crashed in Kazakhstan, resulting in 38 fatalities. Russian authorities have called for patience regarding the investigation amid speculation about a missile strike.

Taiwan Corruption Charges: Former Taipei Mayor Ko Wen-je has been charged with bribery and embezzlement, accused of accepting bribes linked to a real estate project and embezzling political donations.

Uganda Family Challenges: A 70-year-old Ugandan man with 12 wives, 102 children, and 578 grandchildren is struggling to provide for his large family amid limited resources.

Bird Flu Outbreak in the US: Bird flu has killed 20 big cats, including a Bengal tiger, cougars, and bobcats, at a US animal sanctuary over the past several weeks.

Mozambique Prison Break: More than 1,500 prisoners escaped from a Mozambique prison amid election protests, taking advantage of ongoing political unrest triggered by disputed poll results.

China-Taiwan Tensions: China has criticized new US military aid to Taiwan, calling the island a 'red line' and expressing strong opposition to foreign interference.

Sudan Conflict: Sudan's Rapid Support Forces (RSF) claim to have regained control of a key base in Darfur from army allies amid ongoing internal conflicts.

Syria Political Violence: Assad loyalists have killed 14 people in a clash with Syria's new ruling forces in Tartous, a stronghold of his Alawite sect.

These developments highlight the dynamic and often volatile nature of international affairs.
Sources: BBC Hindustan Times Reuters
Samachar Dainik The Kathmandu Post

25/12/2024

Nepal's political landscape is marred by corruption, with recent scandals highlighting systemic issues. In the Airbus A330 procurement case, top officials, including former Nepal Airlines Managing Director Sugat Ratna Kansakar, were convicted of accepting $2.5 million in bribes. Additionally, the Ncell tax evasion controversy involved significant financial misconduct, though direct links to the current Prime Minister remain unproven. These incidents underscore the urgent need for transparency and accountability in Nepal's governance.

Airbus A330 Procurement Scandal

In December 2024, the Special Court convicted four top officials, including former Nepal Airlines Corporation (NAC) Chairman Shankar Adhikari and Managing Director Sugat Ratna Kansakar, for corruption in the procurement of two wide-body Airbus A330 jets. Investigations revealed that NAC paid an additional Rs1.47 billion (approximately $12 million) beyond the market price, resulting in substantial financial losses for the state-owned airline. The U.S. aerospace company AAR Corp admitted to paying over $2.5 million in bribes to Nepali officials to secure the deal, leading to a settlement of more than $55 million with U.S. authorities for violations of the Foreign Corrupt Practices Act.

Ncell Tax Evasion Controversy

The Ncell tax evasion case centers on the 2016 sale of Ncell, Nepal's largest private telecom operator, by Swedish company TeliaSonera to Malaysia's Axiata Group. The transaction, valued at $1.03 billion, allegedly evaded capital gains tax obligations in Nepal. The Supreme Court of Nepal ruled in 2019 that Ncell and Axiata were liable to pay capital gains tax, leading to a protracted legal battle over the exact amount owed. In June 2023, an international body ruled in favor of the Nepal government, reinforcing the state's position on the tax dispute.

Allegations Involving Political Figures

There have been allegations linking high-ranking political figures, including Prime Minister Pushpa Kamal Dahal (Prachanda), to attempts to influence the Ncell tax dispute. Reports suggest that during his tenure, efforts were made to facilitate Ncell's tax evasion; however, these attempts faced resistance from the Auditor General's Office and the Chief Secretary. While these allegations have been reported in various media outlets, concrete evidence directly implicating the Prime Minister remains limited.

These cases underscore the pervasive challenges of corruption within Nepal's political and economic systems, highlighting the urgent need for enhanced transparency, accountability, and governance reforms to restore public trust and ensure equitable development.

Sources and credit: South Asian Voice Radio & TV The Kathmandu Post OnlineKhabar Republica

04/10/2024

Life is too short to be someone's backup plan. Surround yourself with people who value your presence, not just your utility. Real connections go both ways - don't settle for less.

24/12/2023

Life Message:
1. Cultivate your own happiness before sharing it; trying to share it without having it can lead to personal sadness.
2. Genuine friends are few; invest time and care in those who truly understand and value your emotions and life experiences.
3. Self-respect is essential; a life devoid of it lacks true worth.
4. Rise above mere pleasantries; true importance is reflected in reciprocated greetings.
5. Value those who invest time in you; if not appreciated, preserve your dignity and move forward, knowing your worth.
6. Prioritize yourself until you find someone who recognizes your significance beyond self-interest.
7. Life is what you make of it; take responsibility for your actions rather than blaming others.
8. You owe nothing to anyone; stand by what you believe is right.
9. Safeguard your inner peace; if lost, it's your responsibility to reclaim it.
10. Share your feelings with someone trustworthy to prevent making impulsive decisions that could harm you.
11. Work diligently until your success speaks louder than your parents' achievements; recognition often comes at the top.
12. Embrace quick failures as crucial signals to realign with your intended path.
13. Don't waste time impressing those with fixed negative perceptions; their views are unlikely to change.
14. Be cautious of individuals engaging in negative gossip; you may be their next target.
15. Avoid judging others solely based on hearsay; seek confirmation to form a fair perception, as biased opinions often stem from envy or inadequacy.

07/04/2022

We should not run away from complications, we should not run away from challenges, but we should face them with a simple heart. A heart of devotion. A heart of integrity and character.

07/04/2022

The flower of love cannot survive in a heart that harbours the weeds of greed, arrogance, and illusion. By recognizing our flaws, we can clear the mindset hindering spiritual awareness by applying the purifying practices of mantra, meditation, or prayer.

06/04/2022

Surfing is like life. The wave is flowing and the surfer cannot change the wave. The surfer has to adjust herself or himself in such a way that they can stay on top of the wave and keep moving forward.

04/04/2022

There comes a time in life, when you walk away from all the drama and people who create it. Surround yourself with people who make you laugh, forget the bad, and focus on the good. Love the people who treat you right. Pray for the ones that don’t. Life is too short to be anything but happy. Falling down is part of life, getting back up is living ⛰💙🦿

04/04/2022

Theory Of Life :
No one is ever busy in his/her life.Its all about
Priorities.
Love doesn't start in morning & doesn't end in
evening.
It starts when You don't need it & it ends when
you need it most.
Tears don't come when you miss a person but
they come when you don't want to miss a
person.
Never raise your voice just improve the Quality
of your argument.
Life is much like Facebook, People will like your
problems & comments but no 1 gonna solve
them.
Because everybody seems so busy in updating
their own status.
You regularly texts your friends they don't reply
you, But if U text from new no : Everyone will
reply that Who are you..??
People have time for unknown but not for
known This is theory of Life.

Address

Kathmandu
44600

Telephone

+91 72848 27511

Website

Alerts

Be the first to know and let us send you an email when Power of self belief posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Power of self belief:

Shortcuts

Share

Category