Nepal’s cable federation said it would suspend Indian television channels, while protesters marched in Kathmandu carrying an effigy of India’s prime minister on Monday, accusing their neighbour of imposing an economic blockade and meddling in internal politics. The Federation of Nepal Cable Television planned to suspend broadcasting of Indian channels in Nepal from 10 a.m. on Tuesday, Sunil Kumar Lama, the organization’s general secretary, said on Monday. “This is to protest against the blockade,” Lama...

Earlier this month, Rocket Internet announced that it would be stepping up aggressive growth in Asia once more, with one new launch per quarter to expand in emerging markets. Today, the e-commerce giant is following through on that strategy: Daraz — an e-commerce portal modelled on Amazon and serving Bangladesh, Pakistan and Myanmar — is today announcing a $56 million (€50 million) round of financing. This is the first major funding for Daraz, which started in 2012 as a fashion portal before expanding to home and other categories. The funding is also notable because it’s not coming