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Rs 200 million limit on share mortgage loans abolished

Rs 200 million limit on share mortgage loans abolished

- by Republica

KATHMANDU, July 26: Nepal Rastra Bank (NRB) has introduced flexibility in share mortgage loans by abolishing the previous Rs 200 million limit. Governor Maha Prasad Adhikari announced this change as part of the new monetary policy on Friday.

Maoist Center quits Koshi Government, withdraws support

Maoist Center quits Koshi Government, withdraws support

- by Republica

BIRATNAGAR, July 26: The Communist Party of Nepal (Maoist Center) has decided to quit the Koshi Province government today. The Maoists have decided to quit the government and withdraw their support to the provincial government.

NRB unveils monetary policy

NRB unveils monetary policy

- by Republica

KATHMANDU, July 26: The Nepal Rastra Bank (NRB) unveiled the monetary policy for the current fiscal year 2024/25 on Friday.

Singer Joshi of 'Kanchhi Matyang Tyang'-fame dies

Singer Joshi of 'Kanchhi Matyang Tyang'-fame dies

- by Republica

JHAPA, July 26: A gifted singer of folk songs, Laxmi Prasad (LP) Joshi, has passed away. He was 88. Joshi had fallen unconscious at his house in Damak-1 on Thursday evening and was rushed to the local Lifeline Hospital where he breathed his last under treatment.

Nepal’s aviation tragedies: 108  crashes in seven decades claim 959 lives

Nepal’s aviation tragedies: 108 crashes in seven decades claim 959 lives

- by Sara Pahari

KATHMANDU, July 26: Nepal has a long history of air accidents, with the first recorded incident occurring on 30 August 1955, in Simara, which resulted in the deaths of two crew members. The most recent tragedy took place on July 24, 2024, when a Saurya Airlines plane crashed at Tribhuvan International Airport (TIA), claiming the lives of 18 out of 19 passengers on board.

Drivers die as two trucks collide head on

Drivers die as two trucks collide head on

- by Republica

CHITWAN, July 26: The drivers of two trucks died after the vehicles collided head on this morning. The accident occurred this morning at Bhateri along the Narayanghat-Mugling road section.

Two arrested along with fake Rs 1,000 notes in Rautahat

Two arrested along with fake Rs 1,000 notes in Rautahat

- by Republica

KATHMANDU, July 26: Police have arrested two individuals in possession of counterfeit Nepali currency. A team deployed from the Area Police Office, Chandranigahpur, arrested two individuals on Thursday at around 9:45 PM.

Man missing in Nisti River in Gulmi found dead

Man missing in Nisti River in Gulmi found dead

- by Republica

GULMI, July 26: A man who went missing after being swept away by the Nisti River in Gulmi has been found dead. Bom Bahadur Karki, 31, of Musikot Municipality-2, Gulmi, was found dead.