​Is demonetization possible in Nepal?

ECONOMY

Banks begin dispensing Rs 100 notes through ATMs

Banks have begun loading new Rs 100 notes into selected ATMs ahead of Dashain, which begins with Ghatasthapana on October 11. Until now, most ATMs dispensed only Rs 500 and Rs 1,000 notes, forcing customers seeking Rs 100 or smaller denominations to visit bank counters.

ECONOMY

Is demonetization possible in Nepal?

The demand has also fuelled speculation that demonetization could be considered as a way to curb the use of undeclared cash during elections. However, economists caution that abruptly withdrawing high denomination notes could carry significant risks for Nepal.

SOCIETY

Voice for climate justice raised at Annapurna Base Camp

The rural municipality, which suffered extensive damage from floods, landslides and river erosion during this year’s monsoon, held a special executive meeting on Wednesday at Annapurna Base Camp, located at an altitude of 4,130 metres.

WORLD

UN chief calls for nuclear disarmament efforts

Nuclear disarmament is not a favor, it is a binding legal obligation under the Non-Proliferation Treaty, he said at a high-level meeting to mark the International Day for the Total Elimination of Nuclear Weapons. "As we mark this important day, it's time to forge a new path," he said.  &nb...

ECONOMY

Valley households would need 3,000 MW more electricity if all used electric stoves: AEPC

A preliminary study by the AEPC estimated the amount of electricity needed based on two-hour cooking periods alone by all valley-based households.

SOCIETY

Traffic resumes in Kaligandaki Corridor

The road had been blocked after landslides occurred at various points along the Harmichaur–Arbeni–Purtighat section of the corridor.

1

Heavy snowfall blocks Larke Pass, disrupting Manaslu tre...

Heavy snowfall blocks Larke Pass, disrupting Manaslu tre...

2

MP Rai urges govt to step up search for missing Manang a...

MP Rai urges govt to step up search for missing Manang a...

3

50 Nepali officials leave for India for natural farming...

50 Nepali officials leave for India for natural farming...

4

Polar oceans transformed as warming melts ice habitats:...

Polar oceans transformed as warming melts ice habitats:...

5

Nepal Telecom suffers Rs 88.51 million in damages from A...

Nepal Telecom suffers Rs 88.51 million in damages from A...

6

Efforts on to drain water from lake formed after Marsyan...

Efforts on to drain water from lake formed after Marsyan...

7

Clash at NC convention venue in Morang-6 leaves three in...

Clash at NC convention venue in Morang-6 leaves three in...

8

Myagdi recommended for disaster-hit status after floods,...

Myagdi recommended for disaster-hit status after floods,...

9

Pilot tried to ki*ll co-pilot on flydubai flight, passen...

Pilot tried to ki*ll co-pilot on flydubai flight, passen...

10

Tourists stranded in Manang as floods, snowfall disrupt...

Tourists stranded in Manang as floods, snowfall disrupt...

What do you think about the government’s plan to make civil servants retire at 55 years of age or after 30 years of service?

A necessary reform

A risky move

It needs major revision

It needs wider consultation

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