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Monetary policy must be strategic, not sudden: Nar Bahadur Thapa
KATHMANDU: Former Executive Director of Nepal Rastra Bank (NRB), Nar Bahadur Thapa, has raised concerns over the central bank’s approach to formulating the upcoming monetary policy, stating that it appears to be rushed and lacking in sufficient public consultation. Speaking at an interaction on budget and monetary policy coordination, organized by the Nepal Forum of […]
Mayor Balen convenes budget committee meeting with CAO after long rift
KATHMANDU: Following months of tension and failed attempts, Kathmandu Metropolitan City (KMC) Mayor Balen Shah on Friday finally convened a crucial meeting of the Resource Estimation and Budget Ceiling Committee, including Chief Administrative Officer Saroj Guragain, paving the way for the long-delayed city budget. The meeting was held at the Mayor’s office and included Deputy […]
Bamdev Gautam and Madhav Nepal to merge parties
KATHMANDU: Bamdev Gautam’s National Unity Campaign and the CPN (Unified Socialist), headed by Madhav Kumar Nepal, have reached an agreement to unite their parties. The decision was announced through a joint statement issued by both leaders on Thursday. According to the statement, the unification is based on shared political ideology, principles, policies, and strategic direction. […]
Father's insecurity and Instagram reels: What led to tennis player Radhika Yadav’s murder? Key details emerge
In Gurugram, Haryana, 25-year-old tennis player Radhika Yadav was fatally shot by her father, Deepak Yadav, at their home. Police arrested Deepak, who confessed, citing his disapproval of Radhika's tennis academy as the motive. Other explored theories include his discontent with her social media presence and...
Kubbawala Mustafa: Wanted drugs manufacturer facing Interpol Red Notice deported to India; brought back from UAE
Kubbawala Mustafa, wanted for running a synthetic drugs factory, has been deported from the UAE to India. The CBI, in coordination with Interpol and Mumbai Police, orchestrated the operation. Mustafa is accused of manufacturing mephedrone, a party drug, and supplying raw materials from Ahmedabad to a...
Foreign Minister returns from Rome
KATHMANDU: Minister for Foreign Affairs Dr. Arzu Rana Deuba returned to Nepal today after participating in the 44th session of the Food and Agriculture Organization (FAO) Conference held in Rome, Italy. The high-level ministerial gathering took place from June 28 to July 4. During her visit, Dr. Rana addressed several key sessions of the FAO […]
Bihar voter list revision: BJP calls out Congress' stance on Aadhaar; brings up 2021 example
The BJP has accused Congress of hypocrisy regarding Aadhaar's use in voter identification. This follows the Supreme Court's suggestion to the Election Commission about Bihar's electoral roll revision. The BJP highlights Congress's past opposition to linking Voter ID with Aadhaar, contrasting it with their current demand to...
Flood in Rasuwa halts 250 MW of hydropower production
RASUWA: Heavy flooding in Lhende Khola, near the Nepal-China border, has forced the shutdown of hydropower plants in the Rasuwa and Nuwakot districts, cutting off around 250 megawatts of electricity production under the Nepal Electricity Authority (NEA). According to officials, the flood has caused significant damage to multiple hydropower projects, including the Rasuwagadhi Hydropower Project, […]
UML grapples with internal friction as Bidya Devi Bhandari eyes return
KATHMANDU: Amid rising speculation that former President Bidya Devi Bhandari may return to active politics through the CPN-UML, internal debate and tension have escalated within the party, particularly among senior leaders close to party chair KP Sharma Oli. While discussions about Bhandari’s potential political comeback are reportedly gaining traction in Oli’s inner circle, several influential […]
Shrimp cocktails, crackers & more: Astronaut Shubhanshu Shukla's joyful dinner on space station; see pics
Indian Air Force Group Captain Shubhanshu Shukla, part of the Ax-4 mission, is set to return to Earth after an unforgettable evening on the ISS. The crew, including Shukla, shared a meal and stories, celebrating international collaboration in space. Shukla made history as the first Indian on a private ISS mission,...
Bidya Devi Bhandari eyes UML leadership, open to future PM role
KATHMANDU: Former President Bidya Devi Bhandari has publicly expressed her intention to contest for the chairpersonship of the CPN-UML, indicating a significant political comeback after renewing her party membership. In an exclusive interview with journalist Jagadish Kharel on Image Channel, Bhandari hinted at her ambitions to take over the party’s top leadership in the upcoming […]
12 leftist parties to hold pro-Palestine demonstration in Kathmandu
KATHMANDU: A coalition of twelve leftist political parties, led by the CPN (Maoist Centre), is set to stage a protest in Kathmandu today in solidarity with the Palestinian people. The demonstration, organized in response to the reported killing of nearly 55,000 civilians in recent Israeli attacks, will begin at 1:00 PM at Shantibatika, Ratnapark. Alongside […]
Gold-silver dealers call off protest after agreement with govt
KATHMANDU: The ongoing protest by gold and silver traders across the country has been called off following a six-point agreement reached with the government on Thursday. The breakthrough came during talks held at the Ministry of Finance between government officials and representatives of the Federation of Nepal Gold and Silver Dealers’ Associations. With the agreement […]
Nepal’s banks accused of concealing non-performing loans
KATHMANDU: Former officials of Nepal’s central financial institutions have raised serious concerns about the true state of the country’s banking sector, claiming that many banks are hiding the real scale of bad loans, also known as non-performing loans (NPLs), through accounting manipulation known as “window dressing.” During a meeting of the Finance Committee of the […]
Landslide blocks Kaligandaki Corridor in Gulmi
GULMI: A landslide near Barlwa in Khadgakot, Kaligandaki Rural Municipality–6, has completely blocked the Kaligandaki Corridor, a key roadway in the region. According to Bed Bahadur Thapa, Chairperson of Kaligandaki Rural Municipality, large rocks and debris from above the road have fallen, and the landslide activity has not yet stopped. A police team has been […]
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GBI-EM Global Diversified index: Why JPMorgan is thinking of cutting India, China share in EM Bond Index - explained
JPMorgan Chase is considering adjustments to its emerging-market index, potentially reducing...
Monetary policy must be strategic, not sudden: Nar Bahadur Thapa
KATHMANDU: Former Executive Director of Nepal Rastra Bank (NRB), Nar Bahadur Thapa, has raised...
Mayor Balen convenes budget committee meeting with CAO after long rift
KATHMANDU: Following months of tension and failed attempts, Kathmandu Metropolitan City (KMC)...