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Catastrophic flash flood halts traffic movement to Namche, the gateway to Everest

Published On: August 17, 2024 03:37 PM NPT By: Republica

SOLUKHUMBU, Aug 17: The flash flood that occurred in Thame Khola in Solukhumbu district on Friday has disrupted traffic up to Namche, the gateway to Everest. According to the Area Police Office, Namche, the flood has washed away the trekking trail from Fakding to Namche, disrupting movement between the lower region and the Everest area.

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Gold price rose by Rs 800 per tola last week

Published On: August 17, 2024 02:54 PM NPT By: Republica

KATHMANDU, Aug 17: Gold was expensive by Rs 800 per tola (11.6638 grams) last week, while the price hit the record high value at Rs 150,800 per tola in the Nepali market.

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Thame Khola flash flood confirmed as a result of glacial lake burst

Published On: August 17, 2024 02:11 PM NPT By: Republica

KATHMANDU, Aug 17: It has been confirmed that the flood with debris that occurred in Thame, Khumbu Pasang Lhamu Rural Municipality-5, on Friday afternoon, was caused by a glacial lake burst.

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NEPSE escalated 234.43 points to cross 3,000 points; investors gained Rs 374 billion from share trading last week

Published On: August 17, 2024 01:32 PM NPT By: Republica

KATHMANDU, Aug 17: The Nepal Stock Exchange (NEPSE) last week escalated 234.43 points, backed by the increased confidence of the investors amid ongoing bullish market.

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Nepal to host Asia Qualifier for ICC U-19 Men's T20 World Cup

Published On: August 17, 2024 12:30 PM NPT By: Republica

KATHMANDU, Aug 17: Nepal will organize the Asian region qualifying tournament for ICC U-19 Men's T20 World Cup 2026.

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Worker dies after falling off under-construction house roof in Chandragiri

Published On: August 17, 2024 11:50 AM NPT By: Republica

KATHMANDU, Aug 17: A worker has died after falling from the roof of a house under construction in Chandragiri-15, Kathmandu. According to the District Police Range, Kathmandu, the deceased is 44-year-old Arna Thapa Magar of Panchakanya Rural Municipality-1 in Nuwakot.

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One-way traffic resumes on Araniko Highway

Published On: August 17, 2024 11:44 AM NPT By: Republica

KATHMANDU, Aug 17: One-way traffic has resumed on the Araniko Highway section in Kavrepalanchok.

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Motorcyclist dies in collision with tractor in Dang

Published On: August 17, 2024 11:22 AM NPT By: Republica

DANG, Aug 17: A motorcyclist died after colliding with a tractor in Dang last night. According to the Area Police Office, Tulsipur, the deceased is 22-year-old Samrat Giri of Dangisharan Rural Municipality-5, Dang.

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Public holiday in Bagmati and Karnali provinces on Tuesday

Published On: August 17, 2024 09:45 AM NPT By: Republica

KATHMANDU, Aug 17: The Bagmati Province government has declared a public holiday in the province on August 20, Tuesday, in observance of Gai Jatra.

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Expert team to study Thame flood

Published On: August 17, 2024 09:10 AM NPT By: Republica

KATHMANDU, Aug 17: An expert team led by Defense Minister Manbir Rai is scheduled to visit Thame River in Khumbu Pasang Lhamu Rural Municipality-5, Solukhumbu, on Saturday to study the recent flood.

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Illusory blip: On inflation

Published On: August 17, 2024 07:01 AM NPT By: Republica

India's retail prices rose 3.54% in July, the slowest pace in almost five years, easing sharply from 5.1% in June. Food inflation, that has been high for about three years now, slid to a 13-month low of 5.4%.

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US pledges support to buy two helicopters for Nepali Army to enhance its disaster response capacity

Published On: August 17, 2024 06:55 AM NPT By: Republica

KATHMANDU, Aug 17: U.S. Deputy Secretary of State for Management and Resources, Richard R. Verma, departed for India following a one-day official visit to Nepal on Friday.

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Govt approves India visit of Foreign Minister Rana

Published On: August 16, 2024 09:28 PM NPT By: Republica

KATHMANDU, Aug 16: Minister for Foreign Affairs, Dr Arzu Rana, is to embark on a five-day visit to India from August 18.

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Finance ministry unveils 100-day action plan, announces formation of economic reform commission

Published On: August 16, 2024 08:54 PM NPT By: Republica

KATHMANDU, Aug 16: The Ministry of Finance has developed a 100-day action plan, which includes forming a high-level commission to recommend economic reforms aimed at improving the country’s overall economy.

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MPs demand separate agency to deal with VAW

Published On: August 16, 2024 08:10 PM NPT By: Republica

KATHMANDU, Aug 16: Members of parliament (MPs) have demanded that the government form a separate agency to address the needs of victims of violence against women (VAW).

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Most banks reduce deposit interest rates

Published On: August 16, 2024 07:30 PM NPT By: Republica

KATHMANDU, Aug 16: Most commercial banks in the country have reduced their deposit interest rates by an average of 0.19 percent.

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Govt to award Rs 300,000 each to players participating in CAVA Women’s Volleyball League

Published On: August 16, 2024 06:55 PM NPT By: Republica

KATHMANDU, Aug 16: The government has announced that each Nepali player who participated in the CAVA Women’s Volleyball Nations League will receive a cash reward of Rs 300,000 each.

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Flood in Thame village of Solukhumbu sweeps away 12 houses and a school

Published On: August 16, 2024 06:20 PM NPT By: Republica

KATHMANDU, Aug 16: A massive flood and landslide triggered by an avalanche in Thame village of Solukhumbu district on Friday swept away at least twelve houses and a school building.

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Province govt will support women's entrepreneurship development: Gandaki CM Pandey

Published On: August 16, 2024 05:45 PM NPT By: Republica

POKHARA, Aug 16: Surendra Raj Pandey, the chief minister (CM) of Gandaki Province, said that the provincial government has decided to  support women's entrepreneurship development.

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Former UML lawmaker Pathak discusses impact of climate change in London

Published On: August 16, 2024 05:20 PM NPT By: Republica

KATHMANDU, Aug 16: Former member of parliament and CPN-UML leader Dr Surya Prasad Pathak, who is on a visit to the UK, has discussed the impact of climate change on Nepal in London.

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