Global defense trade reached a record breaking $65 billion in 2015. IHS forecasts that the market will increase further to $69 billion in 2016. The Middle East was the largest importing region, with $21.6 billion in deliveries of defense equipment.
Madhes-based leader Rajendra Mahato's newly formed political party, Rastriya Mukti Party Nepal, has been officially registered with the Election Commission (EC).