OPINION
The Merchants of Poverty in Nepal
The Merchants of Poverty in Nepal
Nepal’s democracy emerged from a long and arduous struggle for freedom and rights, culminating in the restoration of multiparty politics. Yet, over the years, the country has faced growing challenges in its democratic journey.
Jan 16, 2025
ECONOMY
Distributable profits of commercial banks plummet
Distributable profits of commercial banks plummet
Banks and financial institutions (BFIs) are starting to feel the heat of a prolonged economic slowdown with the distributable profits of commercial banks plummeting to Rs 17.75 billion cumulatively, leading to a heavy decline in their offerings in dividends.
Jan 16, 2025
WORLD
Mediators make final push for Gaza truce deal
Mediators make final push for Gaza truce deal
Mediators were making a final push Wednesday to seal a Gaza truce and hostage release deal, after a Qatari official involved in the talks expressed hope an agreement could be reached "very soon".
Jan 16, 2025
POLITICS
NC leader Koirala and then UNMIN Chief Ian Martin hold meeting
NC leader Koirala and then UNMIN Chief Ian Martin hold meeti...
Nepali Congress leader Dr Shekhar Koirala and Ian Martin, the then chief of the United Nations Mission in Nepal (UNMIN), held a meeting in the UK on Wednesday. The UNMIN played a significant role in Nepal’s peace process.
Jan 16, 2025
SOCIETY
Court releases Rabi Lamichhane on Rs 6 million bail in Swarnalaxmi Cooperative fraud case
Court releases Rabi Lamichhane on Rs 6 million bail in Swarn...
The Kathmandu District Court on Wednesday ordered the release of Rastriya Swatantra Party (RSP) Chairman Rabi Lamichhane on a bail of Rs 6 million in connection with the Kalimati-based Swarnalaxmi Cooperative fraud case.
Jan 16, 2025
POLITICS
Ordinance issued on need of good governance and development: PM Oli
Ordinance issued on need of good governance and development:...
Prime Minister KP Sharma Oli has said that various ordinances were introduced realizing the necessity for good governance and development in the country. He said that the ordinance was brought after intensive discussions with the top leaders of major political parties in the government, experts and...
Jan 16, 2025
ECONOMY
Kankai Bridge: Contract extended for five times, progress 'half' in 13 years
Kankai Bridge: Contract extended for five times, progress 'h...
The construction of the Kankai Bridge connecting Jhapa Rural Municipality-2 and Gauriganj Rural Municipality-1 in the eastern section of the Postal Highway has been in limbo for the past 13 years.
Jan 16, 2025
SOCIETY
Over 1,000 fire incidents in five months, 16 dead
Over 1,000 fire incidents in five months, 16 dead
Nepal Police spokesperson, Senior Superintendent of Police (SSP) Bishwa Raj Adhikari said that 145 people have been injured in the disaster.
Jan 15, 2025
ECONOMY
Airlines operators warn of halting all flights to Solukhumbu district
Airlines operators warn of halting all flights to Solukhumbu...
Airline companies have warned of shutting down the entire air services in Solukhumbu district after the local government in the Khumbu region failed to lift the obstruction on helicopter flights.
Jan 15, 2025
SOCIETY
Pathibhara temple collects over Rs 13 million in offerings in six months
Pathibhara temple collects over Rs 13 million in offerings i...
Santosh Purkuti, the IT Field Coordinator for the Committee, reported that Rs 13,24,456 was collected during this period. Offerings are counted monthly at the committee office, with strict surveillance via CCTV and police presence.
Jan 15, 2025