Dilip Paudel

Former Nepal Trust Secretary Arjun Bahadur Karki has been asked to furnish Rs 600,000 in bail, while former Joint Secretary Lekh Bahadur Karki must post Rs 1 million. The low bail in such a high-stakes case has prompted critics to question the strength of the CIB’s charges.

The task force has outlined measures to energize the economy, reform the banking sector, and define Nepal’s role in exiting the grey list.

The rise is attributed not only to the growing number of youths going abroad for employment and leaving farmland barren, but also to the lack of modernization and commercialization in agriculture, which has hindered production growth.

The chargesheet submitted through the Kathmandu District Government Attorney’s Office names former Secretary Arjun Bahadur Karki, Joint Secretary Lekh Bahadur Karki, Lhakpa Sonam Sherpa—the chairman of Thamserku Trekking—and Thamserku Trekking Pvt. Ltd. as defendants.

The CIAA had filed the massive Rs 8.36 billion case against 56 people, including Adhikari, alleging irregularities during the construction of PRIA. On Tuesday, the Special Court approved bail of Rs 500,000 for Adhikari in this case.

The Industrial Enterprise Development Institute received 10,244 project proposals after opening the call, far exceeding expectations.

On Thursday, the NOC conducted tests by storing aviation fuel in the storage tanks of the ultra-modern depot located within the airport premises.

Although the current FY 2025/26 budget did not allocate funds for the election, the MoF has arranged the required money by cutting budgets from fragmented projects.

According to the IPPAN, PPAs for projects totaling about 13,000 MW—whose developers had already applied—have been put on hold.

A meeting held in Chitwan on Friday between officials of Nepal Oil Corporation (NOC) and the Indian Oil Corporation (IOC) decided to move forward with the pipeline extension projects from Siliguri (India) to Charali in Jhapa and from Amlekhgunj to Chitwan.