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ECONOMY

Ambitious budget, focus on jobs and federal structure

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KATHMANDU, May 30: Finance Minister Yuba Raj Khatiwada tabled a budget of Rs 1.31 trillion in parliament Tuesday. This first full-fledged federal budget has emphasized job creation, allotted a third of the total budget for the provinces and local units.
May 30, 2018
ECONOMY

Govt allocates Rs 134 billion for education

Govt allocates Rs 134 billion for education
KATHMANDU, May 30: The government has allocated Rs 134 billion for the education sector, including science and technology.
May 30, 2018
POLITICS

SC refuses stay order in president’s pardon for Dhungel

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Petitioner Tripathi expressed hope that the apex court would review the presidential pardon for Dhugel.
May 30, 2018
POLITICS

President pardons Dhungel, decision condemned

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KATHMANDU, May 30: The government on Tuesday released murder-convict former Maoist leader Balkrishna Dhungel from jail through a presidential pardon on the occasion of the Republic Day.
May 30, 2018
ECONOMY, POLITICS

CMs unhappy with budget

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Out of the seven chief ministers that Republica approcached for feedback, only four responded.
May 30, 2018
ECONOMY, POLITICS

'Ineffective' diplomatic missions to be shut down

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KATHMANDU, May 30: ​Government has announced to pursue a policy to shut down Nepal's diplomatic missions abroad that have remained ineffective in their performance.
May 30, 2018
ECONOMY

Government slashes environment budgets by Rs 5.56 billion

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KATHMANDU, May 30: Forest and environment sector has received budget allocation of Rs 16.58 billion for the upcoming fiscal year 2018/19. Compared to the current fiscal year, the budget for the sector has been reduced by Rs 5.56 billion.
May 30, 2018
ECONOMY

“Budget did not come as per the spirit of federalism" - Tril...

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The budget is not in line with the spirit of federalism. It is not up to my expectation as the first budget of the federal government; it's rather similar to previous budgets.
May 30, 2018
ECONOMY

Nepse slips into red again

Nepse slips into red again
KATHMANDU, May 30: After coming under pressure early on Tuesday's trading session, the stock market fluctuated throughout the day. Eventually, the Nepal Stock Exchange (Nepse) index closed 9.18 points lower at 1,327.21 points.
May 30, 2018
SOCIETY

Officials 'ask for Rs 1,500 bribe' for citizenship certifica...

Officials 'ask for Rs 1,500 bribe' for citizenship certificate!
SARLAHI, May 30: Officials of the Area Administration Office (AAO), Harion, have been accused of asking for bribes from the service seekers to issue citizenship certificates.
May 30, 2018
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