Rain shocks: On the monsoon in 2024

Published On: April 19, 2024 07:39 AM NPT By: Republica

The India Meteorological Department (IMD) has forecast a bountiful monsoon. Rainfall from June-September is expected to be 6% more than the 87 cm, which is considered to be the average rainfall the country receives during these months.

The breakthrough of the Nagdhunga-Sisnekhola tunnel marks a significant leap forward in Nepal's development. For Nepalis who have only traveled abroad through the tunnel and heard that it was possible, such journeys are now feasible within the country. This tunnel route, built primarily for transportation, has become a milestone in the country's developmental history.

The integrity of financial institutions is critically important for the economic stability of any country. In Nepal, where commercial banks play a critical role in the nation's financial infrastructure, the importance of ensuring adherence to good governance practices cannot be underestimated. Recent findings from the Nepal Rastra Bank (NRB) in its 'Bank Supervision Report 2022/23' have raised significant concerns about the operational and systemic integrity of these institutions.

Iran’s counterstrike

Published On: April 16, 2024 07:33 AM NPT By: Republica

The Middle East, indeed, the entire international community, was on tenterhooks after Israel struck the consular section of Iran’s embassy in Damascus on April 1. While Tel Aviv has been striking Iranians and their allies in Syria for over a decade, since the beginning of the Syrian conflict, this incident was different, and was seen by Tehran as a declaration of war.

Do not make the probe committee a ploy to cover up crimes

Published On: April 15, 2024 07:35 AM NPT By: Republica

In our country, almost all controversial events or decisions are investigated. Although such incidents are examined by probe committees, their reports are rarely publicized, denying the ordinary public access to the findings. This tendency by political leadership reduces the committees to mere ploys for covering up crimes.

It is said that the word 'impossible' is only in the dictionary of fools. From flying airplanes to developing radios, from constructing undersea roads to enabling space travel, everyone has proven this. Indeed, nothing is impossible for those who are determined and willing. Obtaining labor permit approval is one such case in point.

Finality and justice: On the Delhi Metro Rail Corporation case

Published On: April 13, 2024 07:45 AM NPT By: Republica

The Supreme Court of India has used its extraordinary powers to set aside its own judgment of 2021 and relieve the Delhi Metro Rail Corporation (DMRC) of an exorbitant burden of ₹7,687 crore in a dispute with a former concessionare.

In the last month or so, ever since the State Bank of India was compelled by the Supreme Court of India to release information on donations via electoral bonds to political parties, emerging details have only confirmed the worst fears of naysayers in regulatory and policy-making institutions about the scheme before it was introduced by the Bharatiya Janata Party (BJP)-led government in 2018.

Expedite law amendments to make Investment Summit a success

Published On: April 11, 2024 07:20 AM NPT By: Republica

Nepal is gearing up for the much-awaited Investment Summit slated for April 28-29. The investment summit expects to bring in a huge amount of foreign direct investment to usher the country's prosperity. However, it is troubling to note that a number of laws that need to be amended to attract foreign investors in Nepal are still pending ratification in the parliament as opposition parties have mounted parliamentary obstruction demanding formation of a parliamentary committee to probe scams involving the amount deposited in a number of cooperatives.

Saving Kathmandu from pollution

Published On: April 10, 2024 07:30 AM NPT By: Republica

After the publication of the news that Nepal's federal capital Kathmandu is number one in the list of the most polluted cities in the world, most of the common people congratulated the government, political leadership and the mayor of Kathmandu Metropolitan City. They have taken a dig at social media, stating ironically that they have brought the capital to the first position at least in one front.