Latest · Saturday, 31 October 2026

UN extends Nepal's preparation for leaving the least developed country group to 2029

The UN gave Nepal three more years, to November 2029, to prepare for leaving the least developed country group. India cleared two Nepali hydropower plants to sell 32 MW on its power exchange, NEPSE slipped 5.45 points and gold fell Rs 3,200 a tola.

• The UN General Assembly extended Nepal's preparatory period for leaving the least developed country group by three years, to November 24, 2029, The Kathmandu Post reported.
• India has allowed the Gharkhola and Madhya Modi hydropower projects to sell 32 MW on the Indian Energy Exchange until August 31, 2027, Kantipur reported.
• NEPSE fell 5.45 points to 2,690.15 on Friday on turnover of Rs 8.89 billion, and ended its first week after Dashain 2.1 percent above its pre-holiday close.