ECONOMY
NRB saves Rs 1.5 billion in printing as it promoted use of clean notes this Dashain
NRB saves Rs 1.5 billion in printing as it promoted use of c...
KATHMANDU, Oct 10: The pressure for currency exchange has significantly reduced this year as Nepal Rastra Bank (NRB) did not print new notes targeting the Dashain and Tihar festivals.
Oct 10, 2024
ECONOMY
India hands over components for prefabricated steel bridges
India hands over components for prefabricated steel bridges
KATHMANDU, Oct 10: The Government of India has handed over the first batch of components of ten prefabricated steel bridges to the Government of Nepal.
Oct 10, 2024
ECONOMY
World Bank providing Nepal with US $150 million to fight back natural and climate-induced...
World Bank providing Nepal with US $150 million to fight bac...
KATHMANDU, Oct 10: The World Bank (WB) is providing Nepal with US $150 million in contingent financing to support funding for natural or climate-induced hazard or health emergencies in the country.
Oct 10, 2024
ECONOMY
NRB tightens the noose against BFIs issuance of loans against shares and bullion
NRB tightens the noose against BFIs issuance of loans agains...
KATHMANDU, Oct 10: Nepal Rastra Bank (NRB) has tightened the noose against banks and financial institutions (BFIs) for issuing loans against collateral of shares and bullion.
Oct 10, 2024
SOCIETY
17 injured in Salyan jeep accident, driver absconding
17 injured in Salyan jeep accident, driver absconding
KATHMANDU, Oct 10: At least 17 people were injured when a vehicle heading to Rukum West from Nepalgunj met with an accident in Gureli Khola of Kumakh Rural Municipality-3 in Salyan district.
Oct 10, 2024
ECONOMY
Air travel demand eases after surge from heavy rainfall-triggered road disruptions
Air travel demand eases after surge from heavy rainfall-trig...
KATHMANDU, Oct 9: Following a spike in air travel demand due to damage to the road network caused by floods and landslides, the situation is gradually returning to normal.
Oct 10, 2024
SOCIETY
Nepali mountaineer becomes youngest to climb world's 8,000m peaks
Nepali mountaineer becomes youngest to climb world's 8,000m...
KATHMANDU, Oct 10: An 18-year-old Nepali mountaineer on Wednesday broke the record for the youngest person to summit all 14 of the world's 8,000-metre peaks, his team said.
Oct 10, 2024
SOCIETY
Around 100,000 people leave Kathmandu Valley daily to celebrate Dashain
Around 100,000 people leave Kathmandu Valley daily to celebr...
KATHMANDU, Oct 9: Around 100,000 people are leaving Kathmandu Valley each day to celebrate Dashain festival.
Oct 10, 2024
OPINION
Culture of Schadenfreude
Culture of Schadenfreude
#OPINION
The word schadenfreude comes from German; it stands for taking pleasure in other’s pain or misfortune. In German language, schaden means damage or harm, and freude means joy or pleasure. We may call the culture of khuching as Nepali version of schadenfruede.
Oct 10, 2024
ECONOMY
NRB paves the way for people to obtain loans of up to Rs 5 million by pledging gold with B...
NRB paves the way for people to obtain loans of up to Rs 5 m...
KATHMANDU, Oct 9: The general public will be able to obtain loans of up to Rs 5 million by pledging gold with banks and financial institutions (BFIs).
Oct 10, 2024