ECONOMY
Govt to rely on domestic loans as it prepares to announce budget of Rs 1.9 trillion
Govt to rely on domestic loans as it prepares to announce bu...
The government is all set to announce its expenditure plan of around Rs 1.9 trillion for the next fiscal year on Thursday amid increasing challenges to manage revenue sources.
May 29, 2025
ECONOMY
Mid-Hill Highway crumbles just four years after construction
Mid-Hill Highway crumbles just four years after construction
The damaged stretch lies in Jajarkot, under the Dailekh segment, where Motidan Construction Company built an RCC road on an uphill stretch leading to Dailekh district headquarters from Chamghat Khola. Over the past year, nearly two kilometers of the concrete road have started to crumble, with rebar...
May 28, 2025
ECONOMY
NICCI urges NRB to ease repatriation, remittance and working capital guidelines
NICCI urges NRB to ease repatriation, remittance and working...
The Nepal-India Chamber of Commerce & Industry (NICCI) has raised a number of concerns with the Nepal Rastra Bank (NRB), including issues related to the repatriation of dividends and foreign employee salaries, delays in cross-border service payments, and inefficiencies in the Single Window Servi...
May 28, 2025
ECONOMY
BFIs must maintain minimum 90% daily mandatory cash reserve
BFIs must maintain minimum 90% daily mandatory cash reserve
Starting from June 1, banks and financial institutions must keep at least 90 percent of 4 percent of their total deposit liabilities as mandatory cash reserves with the Nepal Rastra Bank (NRB).
May 28, 2025
WORLD
UN says 70% chance that 2025-2029 average warming will top 1.5C
UN says 70% chance that 2025-2029 average warming will top 1...
The United Nations warned Wednesday there is a 70 percent chance that average warming from 2025 to 2029 will exceed the 1.5 degrees Celsius international benchmark.
May 28, 2025
ECONOMY
CAAN makes two pilots mandatory for helicopter flights during monsoon
CAAN makes two pilots mandatory for helicopter flights durin...
The Civil Aviation Authority of Nepal (CAAN) has issued a monsoon circular mandating that all helicopter flights up to 12,000 feet operate with two pilots during the upcoming rainy season.
May 28, 2025
POLITICS
Home Minister Lekhak calls rumors against him a politically motivated conspiracy
Home Minister Lekhak calls rumors against him a politically...
Home Minister Ramesh Lekhak has described the rumors against him in the ‘visit visa scandal’ as politically motivated conspiracies.
May 28, 2025
POLITICS
NZ Deputy PM Winston pays courtesy call on PM Oli
NZ Deputy PM Winston pays courtesy call on PM Oli
New Zealand Deputy Prime Minister and Foreign Minister Winston Peters paid a courtesy call on Prime Minister KP Sharma Oli today.
May 28, 2025
Business & Economy
Mercantile Group and GO EC Auto Tech forge partnership to transform EV charging in Nepal
Mercantile Group and GO EC Auto Tech forge partnership to tr...
This collaboration marks a major step in Nepal’s clean energy transition, offering hope for greater energy independence, environmental stewardship and inclusive economic growth, the companies said in a statement.
May 28, 2025
WORLD
Zelensky proposes three-way meeting with Trump, Putin
Zelensky proposes three-way meeting with Trump, Putin
Ukrainian President Volodymyr Zelensky has called for a three-way summit with Donald Trump and Vladimir Putin as he seeks to force Moscow to halt its three-year invasion.
May 28, 2025