ECONOMY
Forex Update: USD nears Rs 137, pound sterling approaches Rs 187
Forex Update: USD nears Rs 137, pound sterling approaches Rs...
The buying rate for the US dollar stands at Rs 136.34, while the selling rate is Rs 136.94. The euro is being bought at Rs 160.58 and sold at Rs 161.29. The British pound sterling is trading at Rs 186.10 for buying and Rs 186.92 for selling.
Jul 06, 2025
SOCIETY
PM Oli to inaugurate bridge in Humla today
PM Oli to inaugurate bridge in Humla today
PM Oli is visiting Humla to inaugurate a Bailey bridge constructed over the Chuwa River in Kharpunath-5 along the Karnali Corridor. According to Keshav Kumar Sharma, Secretary at the Ministry of Physical Infrastructure and Transport, the inauguration will take place at 10 AM today.
Jul 06, 2025
SOCIETY
Seven highways blocked, 10 affected across Nepal due to incessant rain
Seven highways blocked, 10 affected across Nepal due to ince...
According to a report released by Nepal Police at 6 PM on Saturday, ten national highways have been affected across the country, and seven of them are completely blocked.
Jul 06, 2025
POLITICS
'Ministry’s missing vehicle used by leader Mahantha'
'Ministry’s missing vehicle used by leader Mahantha'
Senior officials at the ministry are tight-lipped about the circumstances — who used the vehicle when it was missing, how it disappeared, and who returned it. Yet, a joint secretary claimed that Labour Minister Sharat Singh Bhandari had allowed the chairperson of the Loktantrik Samajbadi Party...
Jul 06, 2025
International
Musk announces forming of 'America Party'
Musk announces forming of 'America Party'
A day after asking his followers on his X platform whether a new U.S. political party should be created, Musk declared in a post on Saturday that "Today, the America Party is formed to give you back your freedom. By a factor of 2 to 1, you want a new political party and you shall have it!" he w...
Jul 06, 2025
SOCIETY
Four members of a family murdered in Bhojpur
Four members of a family murdered in Bhojpur
Rajendra Rai, a resident of Bhojpur Municipality-2, Helauncha, killed his father-in-law, mother-in-law, wife, and brother-in-law using a sharp weapon in Ramprasad Rai Rural Municipality-2, Dhodlekhani.
Jul 06, 2025
International
Floods in Texas kill over 40, including 15 children
Floods in Texas kill over 40, including 15 children
Some parents confirmed their child's death on social media. About 850 people have been rescued so far. Multiple flash flood warnings remain in place over the weekend in central Texas.
Jul 06, 2025
ECONOMY
Less than half of development budget spent with just four days left in FY
Less than half of development budget spent with just four da...
For the current fiscal year, the government had allocated NPR 352.35 billion for capital expenditure. However, with the year nearly over, only NPR 166.22 billion—less than half—has been spent in 11 months and 20 days. The failure to spend the capital budget directly affects development a...
Jul 06, 2025
ECONOMY, POLITICS
Govt employees recruited after mid-July to be entitled to contribution-based pension
Govt employees recruited after mid-July to be entitled to co...
As the pension burden on the state has been increasing by billions of rupees every year due to retiring government employees, the government has decided that, starting from mid-July 2025 of the fiscal year 2025/2026, newly appointed civil servants will no longer be entitled to pension and gratuity b...
Jul 06, 2025
ECONOMY
Govt indulges in maximum budget transfers as FY comes to a close
Govt indulges in maximum budget transfers as FY comes to a c...
The government has once again indulged in a significant amount of budget transfer as the current fiscal year draws to a close. This has raised serious concerns over the government abiding by the norms of fiscal discipline.
Jul 06, 2025