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Thursday, April 23, 2026 6:08 PM

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Nepal’s Economic Prospects at Risk Due to FATF Grey-Listing and Governance Concerns

The Financial Action Task Force (FATF) has once again placed Nepal on its grey list, citing deficiencies in the country’s legal framework and enforcement mechanisms to combat money laundering and terrorist financing. The decision was announced following the FATF plenary meeting in Paris from February 17 to 21, 2025, marking a decade of deteriorating governance since Nepal was last removed from the list in 2014. The Implications of FATF Grey-Listing Being placed on the FATF grey list designates Nepal as a ‘jurisdiction under increased monitoring,’ requiring it to implement a comprehensive action plan within two years. Although grey-listing does not result in direct sanctions, it sends a warning to international financial institutions about the potential risks of doing business in Nepal. This designation could severely impact Nepal’s fragile economy, which heavily relies on foreign aid, remittances, and imports. Failure in Financial Oversight and Enforcement The Asia/Pacific Group on Money Laundering (APG), a regional FATF-style body, highlighted Nepal’s failure to implement necessary reforms. The country lacks stringent laws to regulate illicit financial activities and has struggled with weak enforcement. Key deficiencies include: Lack of comprehensive anti-money laundering laws Inadequate mechanisms to track and prevent terrorist financing Weak financial regulations and ineffective implementation Economic and Political Consequences The grey-listing comes at a challenging time for Nepal’s economy. Prime Minister K.P. Sharma Oli, in his fourth term, is under mounting pressure as opposition parties call for his resignation. Economic experts warn that foreign investors may hesitate to engage with Nepal due to increased scrutiny and compliance risks. The misuse of foreign aid has further eroded confidence, prompting the U.S. to cancel $39 million in planned assistance, including $20 million for fiscal federalism and $19 million for biodiversity conservation. Underlying Issues: Criminal Activities and Corruption Nepal’s financial vulnerabilities stem from a range of illicit activities, including: Money laundering: Enabled by weak regulatory enforcement and porous borders Human and drug trafficking: The Terai region serves as a hotspot for organized crime Gold smuggling: Smugglers use Nepal as a transit hub to supply the Indian market Informal remittance channels (Hundi): Nearly 40% of remittances bypass official banking channels Counterfeit goods: Rampant trademark violations with fake products flooding markets Mafia-style groups and political affiliates engage in systematic extortion and financial crimes, further exacerbating the problem. Political instability—ten governments in the past decade—has hindered the establishment of long-term reforms to address these issues. Path Forward for Nepal To regain international confidence and improve its economic outlook, Nepal must take decisive action: Strengthen anti-money laundering and counter-terrorism financing laws Enhance financial oversight and regulatory enforcement Crack down on organized crime and illicit financial flows Improve transparency in governance and public fund utilization Encourage the formalization of remittances to prevent illicit transfers The FATF grey-listing serves as a wake-up call for Nepal’s leadership to implement necessary reforms. If the government fails to act, the country risks further economic decline, loss of foreign investments, and global financial isolation. Addressing these issues proactively will be crucial for Nepal’s long-term economic stability and global standing.

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“Insights on Holistic Education, Skilling, and Collaboration – A Conversation with Debika Chatterjee”

“Skilling and reskilling are of utmost importance because the future is unpredictable.” Said Debika Chatterji Q: Can you share some insights about your institution? A: I am the Director-Principal at JBCN International School. Our school strongly believes in innovative learning processes that nurture the mind, body, and spirit of our students. We focus on holistic education to prepare learners for the future. Q: What are your thoughts on the holistic development of children in schools? A: As educators, we are not just providers of information; we are deeply invested in shaping learners who can contribute to making the world a better place. Holistic development, which includes intellectual, physical, and emotional well-being, is essential in education. Q: How do skilling and reskilling impact students, especially school-going children? A: Skilling and reskilling are of utmost importance because the future is unpredictable. Simply acquiring information is not enough—students need skills, critical thinking, and adaptability to succeed in an ever-evolving world. These aspects prepare them to be global citizens and active contributors to society. Q: What role do sports and physical education play in a student’s life? A: With rapid technological advancements and increasing digital engagement, physical movement has become more important than ever. As the saying goes, “A healthy mind lives in a healthy body.” Physical education plays a crucial role in maintaining balance and overall well-being. Q: How do forums like this, which include representatives from schools, corporates, and the government, impact the larger community? A: Such platforms emphasize that collaboration is the key to success. If educators and adults model collaborative behavior, learners will adopt the same approach. Fostering cooperation is essential for progress in every sector. Q: Any message for our media group as we celebrate our third anniversary? A: You are already doing a great job. Keep up the good work!

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Swine Flu Cases Surge in India: Delhi Records Highest H1N1 Cases – Symptoms, Precautions & Treatment

As of December 2024, India has reported a sharp rise in swine flu (H1N1) cases, with 220,414 infections and 347 fatalities nationwide. Delhi has recorded the highest number of cases, with 3,141 infections, followed by Kerala (2,846), Maharashtra (2,027), Gujarat (1,711), Tamil Nadu (1,777), and Rajasthan (1,149). The most prominent subtypes of influenza spreading in India are Influenza A (H1N1) and H3N2, commonly known as swine flu due to its resemblance to a respiratory infection found in pigs. The seasonal transition, particularly at the end of winter, has contributed to a surge in viral infections across several states. Swine Flu Symptoms: Fever Cough Chills Sore throat Body ache Headache Fatigue Troubled breathing (especially in children) Fever with rash Prevention Measures: Cover your nose and mouth while coughing or sneezing Wash hands frequently, especially after coughing, sneezing, or visiting public places Avoid touching your face, eyes, nose, or mouth unnecessarily Stay home if experiencing flu symptoms Avoid sharing personal items if infected Maintain a nutritious, immunity-boosting diet Treatment & Fatalities: Most people receive a flu vaccine in childhood, but in case of infection, immediate medical consultation is advised. Antiviral medications may be prescribed based on severity. Maharashtra has reported the highest number of fatalities (71 deaths), followed by Kerala (61), Gujarat (55), Punjab (48), Chhattisgarh (43), and Haryana (26). As flu cases continue to rise, health authorities urge citizens to take precautions, seek timely treatment, and follow hygiene protocols to curb the spread of the virus. Source: India. com

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Transforming Education: The Vision of Sri Sri University with Rajita Kulkarni

“It’s essential that we equip our students not only to survive but to succeed in a skill-based, AI-driven world” said Mrs. Rajita Kulkarni  Q: I’d like to understand more about your organization. How is your university evolving, and what new developments are happening? A: Sri Sri University is part of the Art of Living Foundation, founded by Gurudev Sri Sri Ravi Shankar Ji. Our education system covers all levels, from early-stage education to higher education and PhDs. We have three verticals: Free School Vertical – We have around 1,300 schools educating nearly 950,000 children across 25 states in India. Urban Education Vertical – This includes 120 institutions, including schools, colleges, and an Ayurveda hospital, providing education to about 60,000 students. The University – This is Gurudev’s vision to create a confluence of Eastern and Western education. At Sri Sri University, we have 10 faculties, 60 undergraduate and postgraduate programs, and nearly 300 scholars pursuing PhDs across 35 subjects. We have about 3,500 students on campus and over 10,000 enrolled in various online and offline programs. We are also proud to be one of the nine universities in India to receive dual accreditation status from NCVT. Q: Today’s theme is ‘Digital Bharat.’ What does this mean for higher education? A: It’s a very relevant theme. We are in the era of Artificial Intelligence (AI). This year, AICTE declared 2025 as the ‘Year of AI.’ Just last week, Sri Sri University celebrated AI Week, where we hosted over 30 programs with 17 industry partners, benefiting nearly 1,000 students. Around 100 faculty members participated in technical sessions and faculty development programs on AI. It’s essential that we equip our students not only to survive but to succeed in a skill-based, AI-driven world. All our programs are designed with industry collaboration. We have AI programs in partnership with IBM, Microsoft, and Intel. Our recent MoU with Intel will help us introduce AI programs for all our students. Industry-oriented education, research, innovation, and incubation are crucial to preparing students not only for employment but also to become job creators. We take pride in our incubator, which has nurtured about 180 startups. But beyond skills, we emphasize human values, mental well-being, and happiness. A degree alone does not guarantee success if a student is not happy. Our students practice meditation, pranayama, Sudarshan Kriya, and service activities daily. Giving back to society is a core value at our university. Q: You’ve highlighted the importance of spirituality and holistic development. Why should emerging universities and institutions prioritize this? A: That’s a very important question, Chandan. Data shows a concerning reality—one in three students globally struggles with mental health issues, and about 30% of teachers experience depression. Imagine a depressed teacher trying to educate a depressed student—what learning can happen in such an environment? That’s why mental well-being must be a priority. In India, AICTE has mandated the Art of Living program as part of the induction process in most IITs, NITs, IIITs, and several other institutions. Just yesterday, I was at the QS Conference, where 500 chancellors and vice-chancellors from around the world gathered. I was on a panel where four out of five institutions represented had implemented Art of Living programs for their students. I’m also happy to share that our Art of Living program is offered as a four-credit course in 140 universities in the U.S., including Stanford, USC, and UC Berkeley. Prioritizing student well-being is critical, and as education leaders, it is our responsibility to support it. Q: What role do alumni play in an institution’s success, and what new initiatives have you introduced for them? A: That’s a great question, Chandan. Alumni are the crown of any institution—they are its ambassadors and torchbearers. As a young university, we have a growing alumni community, and we are extremely proud of them. Many of them are making significant contributions in their fields.

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India to Face Australia in Dubai Semi-Final; New Zealand to Meet South Africa in Lahore

India will take on Australia in the first semi-final of the Champions Trophy in Dubai on Tuesday after securing a 44-run victory over New Zealand in their final group-stage match. Meanwhile, New Zealand will travel to Lahore to face South Africa in the second semi-final on Wednesday. A complex scheduling situation has resulted in logistical challenges for some teams. Both Australia and South Africa had initially flown to Dubai in preparation for the knockouts. However, South Africa will now have to return to Lahore for their semi-final match against New Zealand. An ICC official stated that the decision to keep Australia in Dubai was made to provide them with maximum preparation time for the semi-final on March 4. The tournament schedule was impacted by India’s refusal to play any of their matches in Pakistan. As a result, their semi-final was pre-determined to be held in Dubai, regardless of their standing in Group A. The PCB had earlier attempted to convince India to play in Lahore, but the BCCI cited a lack of government approval for travel to Pakistan. New Zealand is set to fly to Lahore early Monday morning, while South Africa will return to Pakistan later in the day after spending roughly 36 hours in Dubai. Following India’s dominant group-stage performance, captain Rohit Sharma emphasized the importance of momentum heading into the knockout stage. “You try to win every game and correct mistakes quickly,” Rohit said. “Australia has a rich history in ICC tournaments, but we’ll focus on our game and look forward to the contest.”

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Marg Vidhyalaya Chennai Creates History with Three Elite World Records

Marg Vidhyalaya Senior Secondary School has once again showcased its excellence on a global scale, setting three prestigious world records on February 14, 2025. Recognized by Elite World Records, Asian Records Academy, India Records Academy, and Tamilan Book of Records, this remarkable achievement highlights the school’s commitment to holistic student development. The students displayed extraordinary teamwork and coordination by setting a world record for the Most Human Pyramids Formed by a Team in 30 Minutes. A total of 133 human pyramids were successfully built by 290 participants, demonstrating exceptional agility, balance, and discipline. The second record, Longest Readathon Relay by a Team, saw 319 students engage in a reading marathon lasting 12 hours and 2 minutes in English, Tamil, and Hindi. This feat reflects the school’s dedication to fostering literacy and a strong reading culture. The third record, Most Participants Presenting Mathematics Concepts, Definitions, and Formulae in 3 Hours (Single Venue), featured 167 participants, with 165 successfully completing the challenge. This achievement underscores the institution’s focus on mathematical excellence and logical reasoning. Senior adjudicators praised the students’ dedication and perseverance. R. Rakshitha, Senior Adjudicator, Elite World Records, commended their talent, while P.G. Prathiba, Adjudicator, Asian Records Academy, lauded their enthusiasm. U. Nagajothi, Records Manager, Tamilan Book of Records, called it a historic moment for the school. Principal Smt. Geetha expressed immense pride, emphasizing the students’ hard work and commitment. Ganesh, Correspondent of Marg Vidhyalaya, highlighted the school’s focus on nurturing students beyond academics, fostering teamwork, endurance, and problem-solving skills. Students and parents also shared their excitement, calling the achievement an unforgettable experience that instilled confidence, resilience, and a spirit of perseverance. Marg Vidhyalaya’s outstanding success continues to set new benchmarks in education, inspiring students to aim higher in both academics and extracurricular pursuits. Source: Tribune

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Hello Kids Pre School Chains Achieves Significant Milestone as It Opens Its 1,000th Centre in India

To Further Strengthen It foothold, Aiming 2,000 Centres by 2028 New Delhi, 1st March, 2025: Hello Kids, India’s 1st no-royalty model and one of the largest preschool chains, has achieved a significant milestone by reaching 1,000 centres across India and Bangladesh. With an aggressive expansion plan, the brand now aims to reach 2,000 centres in the next three years and provide early child education to more than 100,000 students by Year 2028. The Pre School chain that is currently predominant in the southern cities of Bangalore and Hyderabad is soon set to spread itself across the northern and western parts of India to popular across major cities further strengthen its foothold in the preschool segment. Founded in Year 2005 by Pritam Kumar Agrawal, Hello Kids has grown from a single preschool in Bangalore to a robust network of over 1000+ preschools across south India and Bangladesh. The journey has been one of perseverance, innovation, and passion towards educating children during their formative years. Hailing from a small village, Agrawal overcame the challenges of establishing a preschool and went about learning the nuances that build a credible preschool including single handedly managing daily operations and personally driving school vans. His dedication and efforts got further impetus when his wife, Sunita Jain, a software engineer, joined the venture post which there was no looking back for the husband – wife team. Leveraging the power of franchising, Hello Kids became one of the most sought after brands for parents to send their tiny tots. Agrawal had over the years pioneered and established India’s first no-royalty model preschool chain, ensuring sustainable growth without compromising on the quality of education. “From humble beginnings to becoming a household name in early childhood education, Hello Kids has always focused on making preschools affordable while providing the best learning environment for young minds. Our goal is to reach 2,000 centres by 2028 while staying committed to excellence in early learning,” said Pritam Kumar Agrawal, Founder & Director, Hello Kids. The brand Hello Kids soon got noticed for its consistent performance in early child education and got several recognitions including India’s Most Respected Childhood Education Brand 2022-23 by Education World and was also conferred as the Leading Preschool Chain by Elets World Education Summit’ 2022. Over the years, Hello Kids has consistently been recognized for innovation in preschool pedagogy, early childhood curriculum excellence, and its commitment to early childhood education. “At Hello Kids, we believe in nurturing young minds with innovative learning experiences. Our goal has always been to make high-quality preschool education accessible to every child. As we expand further, we remain committed to providing a safe, engaging, and stimulating environment for early learners, ensuring they build a strong foundation for the future,” added Sunita Jain, Director & CEO, Hello Kids. One of the key ingredients behind the popularity of Hello Kids is its ability to equip its franchise partners with the tools and training that are relevant and vital for effective delivery of early child education. The company conducts comprehensive training sessions covering curriculum, pedagogy, marketing strategies, social media engagement, admission handling, and parent counseling. The academic training sessions emphasize innovative teaching methods, including phonics, Montessori techniques, STEM education, and social behaviour development; areas that are vital for the early years’ development of a growing child. Hello Kids’ curriculum aligns with the New Education Policy (NEP) 2020, integrating digital learning tools like Virtual Reality kits, digital slates, and talking pens to enhance the student learning experience. With a child-friendly, hygienic environment, CCTV-monitored classrooms, and experienced educators, the brand ensures a safe and enriching atmosphere for young learners. As Hello Kids continues its journey of innovation and excellence, it remains committed to shaping the future of early childhood education in India and beyond. For more information, visit www.hellokids.co.in. Disclaimer: This report is generated from PR/ PRO services. ‘ArdorComm Media’ holds no responsibility for its content.

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Dr. Seema Negi emphasised over the vision of New Education Policy 2020 and the implimentation

“The more adaptable we are to new technologies, the more we stay ahead of our students” said Dr. Seema Negi Q: What are some of the new and upcoming highlights of your school? A: Our school always focuses on two key aspects: retaining values and culture while providing students with the wings to embrace technology. We ensure that nothing in AI is left unexplored. As a principal, I make it a priority to learn about AI first, then my core team learns, and finally, we bring that knowledge to our parents and students. Q: How quickly was AI adopted in your institution, and why was it necessary? A: We have been working on this extensively and recently started exploring Deep Seek, which we learned about just a few days ago. The more adaptable we are to new technologies, the more we stay ahead of our students. Since children are digital natives, they already know so much. If we, as educators, do not learn what interests them, we may fail to develop a strong connection with them. Q: How have classrooms evolved over time? A: Classrooms have changed in many ways. While smart boards and whiteboards have been around for over a decade, the biggest shift is in the role of teachers. Today, teachers are not just educators; they are guides, facilitators, friends, and mentors. We are now open to learning from our students, co-creating the knowledge system together. Q: What does ‘skilling’ mean to students? Do they truly understand its significance? A: Students do understand the concept of skilling, though their perspective might differ from ours. To illustrate, if a child always greets me with “Hello, ma’am, how are you?” and I respond with “Jai Bharat”—which is our school’s way of greeting—after ten interactions, the child understands that I expect “Jai Bharat” in return. Skills must be role-modeled, and we see this in how students engage in discussions about entrepreneurship with me because they recognize my passion for research. By displaying skills consistently, we create stronger connections with our students. Q: How are students adapting to emerging educational trends such as STEAM education and entrepreneurship? A: Students are highly receptive. From Grade 4 onwards, they participate in entrepreneurship Olympiads, and from Grade 1, they engage in competitions like Idea-Thon. The ideas they generate are incredible, and when they pitch their products, some are so convincing that we tell them to start taking orders. They are developing strong business acumen at an early age, and the days of waiting until Grades 10 or 12 to introduce these concepts are long gone. Q: What message do you have for students preparing for board examinations? A: My message to students is to stay calm and breathe. They have already studied enough, and now is the time for revision. If they have any doubts, they should reach out to their teachers. Often, instead of staying calm, students become anxious, which leads to unnecessary stress. I always refer to the Bhagavad Gita, where Arjuna, in his moment of confusion, became a seeker and turned to Lord Krishna for guidance. Similarly, I urge students to seek help when needed and maintain a positive mindset. What we think is what we become. Q: How do forums like this, which bring together representatives from various educational and corporate sectors, benefit society? A: Forums like this broaden our vision as educators and help us understand the gaps between school education and higher education. For instance, recognizing this gap led us to introduce financial literacy from nursery level. By understanding what’s missing, we can bring these elements into early education, ensuring students are better prepared for the future.

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Dr. Yasmin Pirzada, Founder & Trustee of Belvedere Spring International school emphasised over hygiene and safety in the curriculum

Dr. Yasmin Pirzada said “Our school caters to a diverse section of society, and I would describe it as a boutique school—offering a unique, single-division education from Kindergarten to Grade 12” Q: We would like to know more about your institution. A: We are affiliated with Cambridge International, UK. Belle Vue Spring School is a Cambridge-accredited institution, and we have been operational for 14 years. Our school caters to a diverse section of society, and I would describe it as a boutique school—offering a unique, single-division education from Kindergarten to Grade 12. Q: What are the key skills and initiatives you focus on at different academic levels? A: Our approach to education is holistic. The skill set introduced to a 3-year-old differs from that of a 12-year-old. Our goal is to equip students with the necessary skills to navigate life successfully. Learning should not be restricted but rather tailored to each age group, ensuring they are well-prepared for the future. Q: Hygiene and safety play a crucial role in schools. What initiatives have you taken in this regard? A: Hygiene and safety are integral to our school environment. Post-COVID, we have emphasized sanitization and awareness among children about personal hygiene—like keeping their hands clean and avoiding habits such as putting hands in their mouths. Additionally, safety measures such as proper lift usage, CCTV surveillance, and campus-wide monitoring ensure a secure environment. These precautions help prevent any untoward incidents, and we remain vigilant at all times. Q: Could you share insights into lifelong learning and how your institution promotes it? A: I recently spoke as a panelist on this very topic. Lifelong learners are self-driven and self-motivated individuals. As educators, we can provide them with the right exposure, mentorship, and guidance, but ultimately, the drive to learn must come from within. As the saying goes, you can lead a horse to water, but you can’t make it drink. Similarly, students must develop intrinsic motivation. Our role is to instill this mindset and help them navigate their learning journeys independently. Q: How do forums that bring together educators from different backgrounds contribute to the community? A: Such forums are immensely beneficial. When we meet people from diverse educational and professional backgrounds—ranging from K-12 education to higher learning, corporate leaders, and even government representatives—we exchange valuable insights. It’s a teach one, reach one approach. When ideas are shared, we collectively learn and evolve, ultimately strengthening the educational community as a whole. Q: Ma’am, we are celebrating our third anniversary as a media startup. Do you have a message for us? A: Congratulations on completing three years! Every startup begins small, but with a clear vision and mission, success is inevitable. Wishing you continued growth and success ahead.

Dr. Yasmin Pirzada, Founder & Trustee of Belvedere Spring International school emphasised over hygiene and safety in the curriculum Read More »

Prof. (Dr.) A.N. Acharya expressed her thoughts on multidisciplinary subjects

“The emphasis was on resilience—helping students navigate both success and failure with confidence” said Prof. (Dr.) A.N. Acharya You have witnessed this event since morning. What were the key takeaways from today’s event? A: The takeaway from this event is that a lot of input was given regarding transformative education and how we have to align with the National Education Policy (NEP) 2020. It will help students in their careers and improve teaching-learning processes. Q: Coming to the digital era, what was the learning from today’s event? A: We had wonderful speakers discussing various aspects of education. They spoke about not just collaboration and networking with fellow students and competitors, but also self-development. The emphasis was on resilience—helping students navigate both success and failure with confidence. This will go a long way in character building and preparing them for future challenges. Q: In an era where digitalization is evolving rapidly, what initiatives has your institution taken to bridge the digital divide? A: We have introduced several digital-driven courses, such as: Computer Science Artificial Intelligence & Machine Learning Mechanical Engineering with AI & Robotics Computer Engineering Additionally, we have incorporated Advanced Computing courses in our curriculum and established multiple Centers of Excellence. These centers provide hands-on training with reputed companies like Tech Mahindra, Philips, and others. Students not only gain knowledge of the latest technologies but also get real industry exposure. Our vision is to produce students who are knowledgeable, confident decision-makers, responsible citizens, and problem-solvers. Q: Ma’am, would you like to highlight any special initiatives happening in your institution currently? A: Recently, our institute launched a startup incubator called “Fine – Foundation for Innovation and Entrepreneurship.” It promotes and supports startups by providing a conducive ecosystem. It’s not just for entrepreneurs; our students also learn from this initiative, gaining insights into building startups and innovation. Moreover, each of our departments has specialized clubs, such as: Energy Club (for Electrical Engineering) Robotics Club (for hands-on projects) Students actively participate in national and state-level competitions, including Smart India Hackathons, where they have performed exceptionally well. They have won several awards instituted by reputed institutes like IITs and NITs. Q: ArdorComm Media recently celebrated its third anniversary as a media startup. Would you like to share a message for us? A: Congratulations to ArdorComm Media for organizing such a wonderful event. This platform brings together industry leaders and academia, fostering a collaborative environment. It helps universities showcase their strengths on both national and international levels, attracting students from diverse backgrounds. Our university, one of the largest public universities in Odisha, offers: 15 undergraduate programs (including 13 B.Tech programs, B.Arch, and Bachelor of Planning) 28 M.Tech programs, MSc, MBA, and other multidisciplinary courses We encourage students to select from multidisciplinary subjects, ensuring holistic development. Importantly, students are also members of academic councils and other key committees, enabling them to contribute meaningfully to university decision-making. Q: Any final message for ArdorComm Media? A: First, congratulations once again to ArdorComm Media for successfully bringing together academia and industry. This event fosters a symbiotic relationship, helping both sectors grow together. I wish ArdorComm Media all the best for future events and look forward to continued collaboration in the journey toward success.

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