'Rebuilding Nepal after floods could cost nearly ₹50,000 crore,' says Nepali billionaire

Chaudhary Group Chairman and billionaire Binod Chaudhary said rebuilding Nepal after the devastating flash floods on Wednesday could cost the country at least $5 billion (nearly ₹50,000 crore), Bloomberg reported. He said he wouldn't be surprised if the costs climb to that level, adding, "It's a huge issue in front of us." "We've been seeing complete disruption," he noted.