Nepal’s new prime minister names former c.bank chief as finance minister

By Gopal Sharma KATHMANDU, Feb 26 : Nepal’s prime minister on Monday named former central banker Yubaraj Khatiwada as the Himalayan nation’s finance minister, to revive a quake-hit economy emerging from a long civil conflict. K.P. Sharma Oli, who was appointed for a second term last week, campaigned on a promise to fight corruption and […]

Moderate Nepali communist Oli to “balance China, India” as new PM

By Gopal Sharma KATHMANDU, Feb 15 : Nepal President Bidhya Devi Bhandari on Thursday appointed moderate communist K.P. Sharma Oli, who led an alliance with former Maoist rebels to a sweeping victory in recent elections, as prime minister. A presidential spokesman said Oli, who spent 14 years in jail for opposing the now-abolished monarchy in […]

Nepal’s Oli, most likely next PM, wins parliament seat

By Gopal Sharma KATHMANDU, Dec 10 : Former Nepali prime minister K.P. Oli on Sunday looked set for a return to power after winning his seat in parliament and his Communist UML party and Maoist allies on course to win a majority. Counting is still under way following an election on Thursday that capped a […]

Nepal leftist alliance appears heading for election victory

By Gopal Sharma KATHMANDU, Dec 9 : A leftist alliance between Nepal’s former Maoist rebels and moderate communists appeared to be heading for a victory in elections aimed at completing a transition to democracy after the abolition of the monarchy and end to civil war. Early tallies from Thursday’s vote show the leftists lead in […]

Nepal begins historic vote, army says rogue Maoists behind blasts

By Gopal Sharma KATHMANDU, Nov 26 :Nepalis began voting for a new parliament on Sunday with the army on alert as a series of small blasts blamed on a rogue Maoist group reminded the Himalayan nation of the violence and instability it is hoping to leave behind. More than decade after the end of a […]