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World 03 Aug 2014 | 11:00 PM Premium

India's Modi offers Nepal $1 billion loan in regional diplomacy push

KATHMANDU (Reuters) - Indian Prime Minister Narendra Modi offered Nepal $1 billion (798.63 million pounds) in concessional loans to help build power plants and roads during a visit on Sunday aimed at shoring up support in a region where China is making inroads.

World 03 Aug 2014 | 1:50 PM Premium

India's Modi heads to Nepal in regional diplomacy push

KATHMANDU (Reuters) - Indian Prime Minister Narendra Modi embarked on a visit to Nepal on Sunday to help speed up negotiations on a power trade pact that is at the centre of a new effort to improve ties with a neighbour that serves as a buffer with China.