ECONOMY
Govt greenlights new stock exchange, overlooking NEPSE restructuring plan
Govt greenlights new stock exchange, overlooking NEPSE restr...
The government owns 58.66 percent stake in the NEPSE. According to NEPSE, it has assets worth Rs 14 billion while its paid up capital is Rs 1 billion. Apart from the MoF, Laxmi Sunrise Bank, Prabhu Bank, Rastriya Banijya Bank, Employee Provident Fund and Nepal Rastra Bank are among its stakeholders.
Feb 08, 2025
ECONOMY
US dollar hits record high of Rs 141: What’s driving the surge?
US dollar hits record high of Rs 141: What’s driving the sur...
The surge in the US dollar is a double-edged sword for Nepal. While remittances and exports could benefit, the rising cost of imports and inflation could put significant pressure on local households. As Nepal navigates these challenges, the government will need to carefully manage its fiscal policie...
Feb 08, 2025
SPORTS
Sports Minister blames Finance Ministry for delays in 10th National Sports Competition
Sports Minister blames Finance Ministry for delays in 10th N...
Minister for Youth and Sports Teju Lal Chaudhary blamed the Finance Ministry for delaying the approval of guidelines and financial procedures, which has stalled the process of organizing the 10th National Sports Competition.
Feb 08, 2025
WORLD
Arvind Kejriwal accepts "people's mandate", says AAP will play "constructive role in oppos...
Arvind Kejriwal accepts "people's mandate", says AAP will pl...
The Aam Aadmi Party (AAP) national convenor Arvind Kejriwal on Saturday (February 8, 2025) conceded his party's defeat in the high-stakes Delhi Assembly elections.
Feb 08, 2025
WORLD
Hamas hands over three Israeli hostages in fifth Gaza exchange
Hamas hands over three Israeli hostages in fifth Gaza exchan...
The swap comes after US President Donald Trump proposed clearing out the Gaza Strip of its inhabitants and for the United States to take over the Palestinian territory -- a plan that has sparked global uproar and been rejected by Hamas.
Feb 08, 2025
WORLD
Trump revokes Biden's security clearance, escalates foreign aid crackdown
Trump revokes Biden's security clearance, escalates foreign...
"There is no need for Joe Biden to continue receiving access to classified information," Trump said on his Truth Social network, adding that he was "immediately" revoking the Democrat's security clearances and ending his daily intelligence briefings.
Feb 08, 2025
POLITICS
UML leader Basnet draws parallels between Kejriwal’s defeat and Nepal’s 'populist politics...
UML leader Basnet draws parallels between Kejriwal’s defeat...
As the Aam Aadmi Party (AAP) faced a significant setback in the Delhi Assembly election, CPN-UML leader Mahesh Basnet took to social media to share his take on the outcome—drawing a striking comparison to Nepal’s emerging populist leaders.
Feb 08, 2025
WORLD
BJP eyes victory in New Delhi
BJP eyes victory in New Delhi
Arvind Kejriwal lost his seat to Modi's Bharatiya Janata Party (BJP), according to election commission results, reflecting expected wider losses by his Aam Aadmi Party (AAP) -- which has governed the sprawling megacity of more than 30 million people for most of the past decade.
Feb 08, 2025
POLITICS
Singha Durbar Fire: Three-member panel formed to assess damage
Singha Durbar Fire: Three-member panel formed to assess dama...
A three-member investigation committee has been formed to assess the damage caused by the fire at the Ministry of Water Supply in Singha Durbar on Saturday.
Feb 08, 2025
SOCIETY
Police seize 711 kg of Marijuana from jeep in Saptari
Police seize 711 kg of Marijuana from jeep in Saptari
According to the District Police Office (DPO), Saptari, a team of police personnel led by Assistant Sub-Inspector (ASI) Hemant Kumar Tamang from the Mauwaha Police Station seized the contraband at 1:30 pm from Bodebarsain Municipality-3, around 100 meters east of Bihul Bridge, during a routine check...
Feb 08, 2025