ECONOMY
Former NRB governors urge central bank to take caution while devising Monetary Policy 2023...
Former NRB governors urge central bank to take caution while...
KATHMANDU, June 16: Former governors of Nepal Rastra Bank (NRB) have urged the central bank to enforce prudent measures through the monetary policy for the next fiscal year, to boost healthy operation of the country’s financial market along with addressing the ongoing recession.
Jun 16, 2023
Editorial
Invest more in health infrastructure to discourage outbound 'medical tourism'
Invest more in health infrastructure to discourage outbound...
Instead of relying on foreign healthcare systems, politicians should redirect their efforts toward modernizing and improving the quality of Nepal's health institutions. Increased budget allocation, along with the integration of modern technology, is crucial to enhancing healthcare services and makin...
Jun 16, 2023
ECONOMY, Republica Watch
How will Nepal handle marijuana cultivation?
How will Nepal handle marijuana cultivation?
KATHMANDU, June 15: The subject of exploring the potential for the cultivation of cannabis, which is internationally known as ‘green gold’, has been included in the budget for the next fiscal year (FY 2023/24). However, amending the national laws to achieve this goal is not enough as the government...
Jun 15, 2023
ECONOMY
Nepal starts exporting 300 MW of electricity daily to India, thanks to onset of monsoon
Nepal starts exporting 300 MW of electricity daily to India,...
KATHMANDU, June 15: Nepal has started exporting its produced electricity to India, with an increased production of hydroelectricity following a rise in water level in the rivers.
Jun 15, 2023
ECONOMY, Republica Watch
Budget ‘mocks’ federalism
Budget ‘mocks’ federalism
KATHMANDU, June 15: After the country adopted federalism, the general public was expecting services of Kathmandu-based Singha Durbar to reach each and every village. There was a general expectation and belief that the development model would change.
Jun 15, 2023
POLITICS, Republica Watch
Baikuntha Aryal appointed as Chief Secretary as Bairagi voluntarily steps down to assume n...
Baikuntha Aryal appointed as Chief Secretary as Bairagi volu...
KATHMANDU, June 15: Baikuntha Aryal, a seasoned civil servant who began his career from the post of a Non-Gazetted (First Class) officer, has been appointed as the government’s chief secretary.
Jun 15, 2023
SOCIETY
Gales lash India and Pakistan coast as Cyclone Biparjoy hits
Gales lash India and Pakistan coast as Cyclone Biparjoy hits
MANDVI, India, June 15: - Howling gales and crashing waves pounded the coastline of India and Pakistan on Thursday as Cyclone Biparjoy made landfall, with more than 175,000 people fleeing the storm's predicted path.
Jun 15, 2023
ECONOMY
Nepse inches five points up, while daily turnover declines to Rs 3.16 billion on Thursday
Nepse inches five points up, while daily turnover declines t...
KATHMANDU, June 15: Nepal Stock Exchange (Nepse) on Thursday increased marginally by five points to close at 2,042.07 points.
Jun 15, 2023
POLITICS
Lawmakers call for safe space for women, senior citizens, priority to sports sector
Lawmakers call for safe space for women, senior citizens, pr...
KATHMANDU, June 15: Lawmaker Arjun Narsingh KC has said the pace of national development will be impeded unless the people living below absolute poverty, the marginalized and neglected citizens have an access to social security and income.
Jun 15, 2023
ECONOMY
Govt should create climate for private sector to trade energy: IPPAN President
Govt should create climate for private sector to trade energ...
KATHMANDU, June 15: President of the Independent Power Producers' Association-Nepal (IPPAN) Krishna Prasad Acharya said on Thursday that the government should pave the way for the private sector to trade electricity. The private sector has had a large investment in the energy sector, he argued, whil...
Jun 15, 2023