The present work is basically an anthropological study of the Newars who are the denizens and promoters of the ancient land what we know today as Nepal. Parvata and Parvate, which is a toponym and ethnonym as well as a speech respectively, is postulated by the author to be the precursor and collaterals of all ancient South Asians who were pushed to the Himalayan hillsides by the incursive Vedic Aaryas and were thus marginalized. The coteries of the Vedic Aaryas, of whom some had waited upon, and serves as priest-attendants of the pristine virgins in the past did develop animosities against the celestial Ladies during their peregrination that had begun in the wake of Out of Africa movement following the cessation of glaciations after the last Glacial Age around 10, 000 BCE. The banished or displaced lots who retreated much later to the sub-Himalayan foothills are cognizable as Naagas who were the amphibian peoples and were known variously in ancient South Asia and they coalesced later into one or another stocks of Kiratas and Newars –who juxtapose into one and the same entity-- as the author theorizes as per available sources including the Vedas, the epics, and other Hindu religious texts in addition to some published works including the native chronicles. Newars are a linguistic club, and not as an ethnic group, he assets, whose members hailed from varied ethnos that were clamoured basically by the itinerants and fugitives who dwelled on Kali-hrada, the lake habitat of Kali-Naagas, which the author identifies with the mystic, and now vanished, Ilaavritta –as the Kaaliya-Naagas were subdued and banished by Shri Krishna-- and other entities. He dismisses Sankhadhara Saakhvaa as the sole promoter of Nepal Samvata.