ECONOMY
Banks to open for half a day despite public holiday today
Banks to open for half a day despite public holiday today
KATHMANDU, Feb 13: Nepal Rastra Bank (NRB) has instructed the banks and financial institutions (BFIs) to operate essential banking services today despite it being a public holiday. After the government announced a public holiday today, the central bank issued a notice and instructed all BFIs to oper...
Feb 13, 2023
OPINION
DAVOS 2023: Key Takeaways and Possible Outlooks for Nepal
DAVOS 2023: Key Takeaways and Possible Outlooks for Nepal
Public expectations are high when global leaders gather to discuss world issues. Each year, global leaders from the government, business, and civil societies gather at the World Economic Forum (WEF) Annual Meeting held at Davos, Switzerland. As many as 2,700 leaders from 130 countries including 52 h...
Feb 13, 2023
POLITICS
Fin Min left dumbfounded as parliamentarians seek answers to questions from stock market t...
Fin Min left dumbfounded as parliamentarians seek answers to...
KATHMANDU, Feb 13: The members of parliament (MPs) on Sunday came down heavily on the government's inability to maintain financial discipline and to enforce effective policies to correct a number of economic measures.
Feb 13, 2023
ECONOMY
Government reduces size of budget by Rs 244 billion
Government reduces size of budget by Rs 244 billion
KATHMANDU, Feb 13: The government has reduced the size of the budget for the current fiscal year.
Feb 13, 2023
POLITICS
Govt decision to announce public holiday on People’s War Day draws flak
Govt decision to announce public holiday on People’s War Day...
KATHMANDU, Feb 12: The decision of the Pushpa Kamal Dahal-led government to declare a public holiday on Monday to mark the People's War Day has drawn severe backlash. A cabinet meeting held on Sunday took a decision to this effect.
Feb 13, 2023
Editorial
CIAA and Corruption in Nepal
CIAA and Corruption in Nepal
Despite the Constitution of Nepal 2015 envisioning a clean, efficient, fair, transparent, and corruption-free public administration, poverty and social injustice in the country continue to thrive due to rampant corruption in public, private, community-owned, and even non-governmental sectors. Policy...
Feb 13, 2023
POLITICS, SOCIETY
VVIP culture hit hard on general public
VVIP culture hit hard on general public
KATHMANDU, Feb 12: If you have spotted a bunch of security personnel shutting down a major road, and prohibiting pedestrians from crossing the street, chances are you’re about to encounter an official government motorcade, a convoy that conveys the message of VVIP culture in Nepal. When the motorca...
Feb 12, 2023
ECONOMY
CAAN introduces rule to initiate landing process above 1,000 feet when the aircraft lands:...
CAAN introduces rule to initiate landing process above 1,000...
KATHMANDU, Feb 12: The Civil Aviation Authority of Nepal (CAAN) has introduced a new rule for landing aircraft for the safety of the aviation industry.
Feb 12, 2023
ECONOMY
The country's economy is under extreme pressure: Minister Paudel
The country's economy is under extreme pressure: Minister Pa...
KATHMANDU, Feb 12: Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel said that the economic growth target of 8 percent set in the budget for the current fiscal year will not be met.
Feb 12, 2023
ECONOMY
Government reduces size of budget by Rs 244 billion
Government reduces size of budget by Rs 244 billion
KATHMANDU, Feb 12: The government has reduced the size of the budget for the current fiscal year.
Feb 12, 2023