ECONOMY
98,000 policies surrendered, Rs 36.51 billion stuck in life insurance companies
98,000 policies surrendered, Rs 36.51 billion stuck in life...
According to the Insurance Reflection report published by the Nepal Insurance Authority (NIA), policy renewals have dropped significantly, leaving Rs 36.51 billion worth of life insurance policies inactive as of mid-June. This marks a 10.54 percent increase in lapsed policy value compared to the sam...
Jul 08, 2025
ECONOMY
SEBON permits BFIs to issue Perpetual Non-Cumulative Preference Shares
SEBON permits BFIs to issue Perpetual Non-Cumulative Prefere...
Through the ninth amendment to the ‘Securities Issuance and Distribution Directive,’ the SEBON has come up with this provision for the BFIs. Although Nepal Rastra Bank last year permitted the BFIs to float their PNCPS, they were unable to do so due to SEBON’s failure to streamline...
Jul 08, 2025
Editorial
Healing Hands Must Not Halt
Healing Hands Must Not Halt
The NMA called the protest against the recent decision of the Consumer Court in a medical case.
Jul 08, 2025
ECONOMY
Humla connected to national road network
Humla connected to national road network
Humla’s district headquarters, Simikot, has been formally connected to Nepal’s national road network following the inauguration of a Bailey bridge over the Chuwa Khola in Kharpunath Rural Municipality–5.
Jul 08, 2025
SOCIETY
One dead, 10 injured in ambulance-winger collision in Kapilvastu
One dead, 10 injured in ambulance-winger collision in Kapilv...
According to the District Police Office, Kapilvastu, the accident occurred around 4 p.m. on Monday. The deceased has been identified as 95-year-old Indrakala Rana of Bhumikasthan Municipality, Arghakhanchi. She succumbed to her injuries while undergoing treatment.
Jul 07, 2025
WORLD
UK marks London 7/7 attacks as king hails 'spirit of unity'
UK marks London 7/7 attacks as king hails 'spirit of unity'
To mark the moment the first bomb went off Prime Minister Keir Starmer and London Mayor Sadiq Khan laid wreaths at the July 7 memorial in the capital's Hyde Park at 8:50 am (0750 GMT).
Jul 07, 2025
POLITICS
Senior Advocate Nepal appointed member of Judicial Council
Senior Advocate Nepal appointed member of Judicial Council
Senior Advocate Mahesh Kumar Nepal has been appointed as a member of the Judicial Council. Acting on the recommendation of Prime Minister KP Sharma Oli, President Ram Chandra Paudel appointed Nepal, a native of Bhojpur, to the position on Monday.
Jul 07, 2025
Health, SOCIETY
Kavre declared complete immunization assured district
Kavre declared complete immunization assured district
The certificate of assurance was handed to the District Public Health Office on the same occasion.
Jul 07, 2025
SOCIETY
Two arrested for defrauding millions on promise of foreign employment in Europe
Two arrested for defrauding millions on promise of foreign e...
The arrested have been identified as Finchu Lama, 32, also known as Rohan, a resident of Kathmandu Metropolitan City-6 and originally from Umakunda Rural Municipality-6, Ramechhap, and Uttam Khadka, 29, of Kageshwari Manohara Municipality-8, originally from Khandbari Municipality-3, Sankhuwasabha.
Jul 07, 2025
POLITICS
Three justices appointed to Supreme Court
Three justices appointed to Supreme Court
The newly appointed justices are: Senior Advocate Meghraj Pokharel, Chief Judge of the Janakpur High Court Shreekant Paudel, and Chief Judge of the Dipayal High Court Shanti Singh Thapa.
Jul 07, 2025