Of Nepal: India

Facts about Nepal Earthquake

A strong (7.8) earthquake hit Nepal in the area near Barpak, a mountain village between capital Kathmandu and tourist town Pokhara. The earthquake was followed by many powerful aftershocks and a very powerful one (6.7) hit Nepal on Sunday April 26.

The earthquakes caused extensive damage to buildings and thousands of deaths and injuries and was even felt in Pakistan, India and Bangladesh.

Many (historic) buildings collapsed, temples have been ruined, roads destroyed. Nearly 8000 deaths in Nepal and tens of deaths in India & Tibet. The quake was followed by more than 430 aftershocks and another huge earthquake (6.8) on May 12.

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Showing posts with label India. Show all posts

Showing posts with label India. Show all posts

Nepal was the third largest remittance recipient in 2014

As a share of its GDP, Nepal was the third largest recipient of remittances in 2014 (see the latest Migration and Development brief by WB)....

5 points about the low oil prices and one point about the Nepalese economy

5 points about the low oil prices and one point about the Nepalese economy

Five main points from an article in The Economist about the low oil prices, plus one additional note on the Nepalese economy. Over the past...

2016 growth outlook for South Asia

The latest Global Economic Prospects 2016 , the World Bank's flagship publication, has revised downward its growth forecast for India, N...

Earthquake and Blockade: A wrecked Nepalese economy

Earthquake and economy The catastrophic 7.8 magnitude earthquake on 25 April and subsequent aftershocks (two of them very strong) crippled t...

Poverty in Nepal and South Asia based on $1.90 a day poverty line

The World Bank recently updated its global poverty line , which is now re-estimated at $1.90 a day, up from $1.25 a day earlier. Accordingly...

NEPAL: FY2016 GDP growth and inflation outlook

Here is the FY2016 growth and inflation outlook from Macroeconomic Update, August 2015, Vol.3, No.2 (executive summary here ). It includes ...

Major Indian highways connecting Nepal to be upgraded

The Indian government is upgrading its major highways connecting Nepal to facilitate trade and mutual cooperation. Some of these trade rout...

India’s (and Nepal’s) problem with manufacturing sector

India’s (and Nepal’s) problem with manufacturing sector

The problem with India’s (can relate to Nepal’s as well) manufacturing sector explained by The Economist : India opened up product marke...

Forecast of key macroeconomic trends till 2050

Here are some of the highlights from The EIU’s long-term macroeconomic forecast . Look at the prominence of India and China, and imagine how...

Third highest remittance inflows (% of GDP) to Nepal in 2013

According to the latest Migration and Development Brief (No.24 ), official remittance inflows to Nepal reached 28.8% of GDP in 2013, which m...

Identifying the growth hotspots in India

A new McKinsey Institute report identifies growth hotspots (or investable pockets of growth) in India for the next decade. It takes into ac...

The reasons behind Indian (and South Asian) children being short

The reasons behind Indian (and South Asian) children being short

Here is an abstract from a paper by Jayachandran and Pande titled “ Why Are Indian Children So Short ?”: India's child stunting ra...

Major highlights of India’s budget for FY2016

Indian Finance Minister Arun Jaitley presented the budget for 2015-16 (FY2016 starts 1 April 2015 and ends 30 March 2016) today to the parl...

Base year revision: Indian economy grew by 6.9% in FY2014 (2011-12 constant prices)

India recently revised its base year to better reflect structural changes in the economy since 2004-05, which was the earlier base year. Now...

Very large electricity losses in Nepal (34% of total output)

Electricity losses in Nepal (transmission and distribution) are really large in Nepal (over 34% of total output in 2011). The chart below is...

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